November 18, 2016
U.S. Treasury Secretary Jack Lew on Wednesday offered a heartfelt defense of the Financial Stability Oversight Council made up of the heads of the major regulatory agencies, which is often criticized by Republicans and could be under threat next year. …
August 24, 2015
MetLife Inc.’s fight to free itself from a costly government label is increasingly focusing on a bold argument: The giant insurer isn’t actually a U.S. financial company. In court papers filed in Washington on Friday, MetLife said it doesn’t meet …
May 19, 2015
The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’ value. Montpelier Re Holdings Ltd. and Platinum Underwriters Holdings Ltd., both based in Bermuda, have each said in recent regulatory …
August 6, 2014
The U.S. Treasury Department is examining unilateral actions to curb corporate inversions, reversing its position that only Congress has the authority to stop or slow the deals. About three weeks after Secretary Jacob J. Lew said officials had scoured “obscure …