Federal Insurance Office Abolishment Act of 2026

The Federal Insurance Office Abolishment Act of 2026 eliminates the Federal Insurance Office within the Department of the Treasury and removes the position of its Director. This legislation amends existing laws to delete references to the office and its director, ensuring that related financial regulatory powers remain with the Secretary of the Treasury. By striking specific sections in the Dodd-Frank Act and other statutes, the bill clarifies that oversight of insurance matters will continue under the Treasury Secretary's authority without the dedicated office. The changes directly affect the organizational structure of federal financial regulation by removing a specific entity while preserving the underlying legal authority of the Treasury Department.