The House recently passed H.R. 3110, the “Financial Stability Oversight Council Insurance Member Continuity Act” by a 407-1 margin.
The bipartisan legislation, introduced by Rep. Randy Hultgren (R-Ill.) and Ranking Member Maxine Waters (D-Calif.), is intended to strengthen the work the Financial Stability Oversight Council performs by allowing its independent member with insurance expertise to continue serving in his/her position beyond the end of their term.
With the current independent council member approaching the end of his term, find out what arguments are being made to get this legislation adopted into law as soon as possible.