S 5158·Federal·senate
Federal Insurance Office Abolishment Act of 2026
In CommitteeFiled Jul 29, 2026
Sponsor: Sen. Cruz, Ted [R-TX] (R)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 29, 2026
Summary
The legislation would abolish the Federal Insurance Office (FIO) that sits in the Department of the Treasury, effectively ending the office’s existence. It would impact the office’s staff and any programs or functions currently carried out by the FIO. The measure has been read twice and sent to the Senate Committee on Banking, Housing, and Urban Affairs.
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