Seitz Promoted to FIO Director
Steven Seitz has assumed the role of director of the Federal Insurance Office at the Treasury Department, after months of serving as acting director, according to sources.
The promotion was effective this past week. The FIO director reports to the Assistant Secretary for Financial Institutions, which is led by Acting Assistant Secretary Kipp Kranbuhl.
Seitz is the third director of the office, which was created by the Dodd-Frank Act and was up and running in 2011. He follows in the footsteps of Michael McRaith, who hired him as deputy, and most recently, Steven Dreyer, who served as director from June to November 2018. PIA has called for the repeal of the FIO.