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Optional federal charter legislation will not come to a vote in the current
An OFC bill will not be an issue for the
“In terms of the insurance sector, our subcommittee is focused on monitoring the establishment of the Federal Insurance Office and the activities of Financial Stability Oversight Counsel, and working to ensure that our regulatory system promotes stability and U.S. economic competitiveness,” Biggert said through a spokesman.
A sponsor of the National Insurance Consumer Protection Act in the last
The Financial Services Committee will have its hands full with focusing on Dodd-Frank implementation and possible revisions, said
Another strong OFC backer, the
“You’ve got to get the debate started and see where it takes you,” he said.