Bill merging Dodd-Frank insurance offices wins key vote

The Federal Insurance Office created by the 2010 Dodd-Frank Wall
Street reform law would be eliminated under a bill passed today by
the Financial Services Committee in US House of
Representatives.
The office, known by its acronym FIO, would be replaced by an
independent insurance advocate within the Treasury Department with
duties that include those performed currently by the Independent
Member with Insurance Expertise who sits on the Financial Stability
Oversight Council (FSOC), which determine