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S. 1298 (116th): Primary Regulators of Insurance Vote Act of 2019


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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 2, 2019.


Primary Regulators of Insurance Vote Act of 2019

This bill establishes a state insurance commissioner as a voting member of the Financial Stability Oversight Council. The member is appointed by the President with the advice and consent of the Senate. Under current law, this member is nonvoting and selected by state insurance commissioners.