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Senator [Name not provided in text] has introduced the Federal Insurance Office Abolishment Act of 2026. The bill would dissolve the Federal Insurance Office (FIO), which is a division within the Department of the Treasury.

Why it matters: This is an administrative change that would remove a specific oversight body from the Treasury Department. Its impact depends on whether other agencies take over its current monitoring duties.

Who it affects

  • The Department of the Treasury

This information comes from Congress.gov regarding a Senate bill; please consult the official text before relying on this information.

Agency: Senate
Source: Congress.gov — read the official document

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