118th Congress · SENATE BILLBILL

S. 1694 — Federal Insurance Office Abolishment Act of 2023

“A bill to abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.”

Finance and financial sector

Introduced May 18, 2023

Last action May 18, 2023

Pipeline · Bill → Law

Step 1

Introduced

May 18, 2023

Step 2

Referred

May 18, 2023

Banking, Housing, and Urban Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

May 18, 2023

Introduced in Senate

May 18, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.