U.S. Rep. Steil: Introduces legislation to clarify the limits of the CFPB’s authority over insurance

Washington, D.C. (January 16, 2024) - Congressman Bryan Steil (WI-01) today introduced the Business of Insurance Regulatory Reform Act. This legislation will clarify that the Consumer Financial Protection Bureau (CFPB) cannot exercise its authority over entities that are engaged in the business of insurance, whether or not those entities offer products or services that are subject to other consume...