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January 25, 2008 at 11:04 AM
Senate Republicans have changed the committee assignment of a lawmaker who has helped lead efforts to create a federal insurance regulatory system.
Sen. John Sununu, R-N.H., will be moving to the Senate Finance Committee, from the Senate Banking, Housing and Urban Affairs Committee, officials say.
Sununu and Sen. Tim Johnson, D-S.D., are the primary sponsors of S. 40, “The National Insurance Act of 2007,” a bill that would give insurers the option of choosing between a state charter and a federal charter.
The Senate Finance Committee has taken an interest in changing the federal estate tax laws, in expanding the State Children’s Health Insurance Program, and in overseeing the Medicare Advantage program.
