Sens. Cruz, Hyde-Smith, Inhofe Introduce Bill to Eliminate the Federal Insurance Office

Bill would abolish Treasury Department’s Federal Insurance Office WASHINGTON, D.C. – U.S. Sens. Ted Cruz (R-Texas), Cindy Hyde-Smith (R-Miss.), and Jim Inhofe (R-Okla.) today introduced a bill to eliminate the Federal Insurance Office. The Federal Insurance Office was created by the Dodd-Frank Wall Street Reform and Consumer Protection Act, and is another stark example of a redundant and unaccountable entity within the Treasury Department. The full text of the bill may be viewed here. “This crucial legislation […]