II 116th CONGRESS 1st Session S. 1586 IN THE SENATE OF THE UNITED STATES May 22, 2019 Mr. Cruz (for himself, Mrs. Hyde-Smith , and Mr. Inhofe ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To abolish the Federal Insurance Office of the Department of the Treasury, and for other purposes.