Trump to Order Review of Dodd-Frank Reforms, Taxes for Insurers, Banks April 21, 2017 By Lisa Lambert President Donald Trump will order the Treasury on Friday to find and reduce tax burdens and review post-financial crisis reforms...
Insurers Push to Keep Industry Expert Woodall on U.S. Regulatory Council April 19, 2017 By Sarah N. Lynch and Suzanne Barlyn With no sign of a replacement in the works, the U.S. insurance industry is pushing to prevent the departure of...
Republican Senator Wants Trump to Drop Systemic Risk Case Against MetLife March 31, 2017 By Pete Schroeder A Republican member of the Senate Banking Committee said on Thursday that he was “frustrated” that the Trump administration had...
Republicans Ask Treasury to End ‘Too Big To Fail’ Process for Non-Banks March 29, 2017 By Elizabeth Dexheimer Key Senate Republicans urged the Trump administration to rethink the process for labeling firms whose failure could threaten the financial...
House Republicans’ Report Hits ‘Too Big to Fail’ Designation Process March 1, 2017 By Pete Schroeder Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because...
Trump Halts Fiduciary Rule Opposed by Financial Advisors; Orders Dodd-Frank Review February 6, 2017 By Elizabeth Dexheimer, Justin Sink and Katherine Chiglinsky President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial...
NAIC Leader Says Insurer Systemic Risk Process Is Unnecessary January 26, 2017 By Susanne Sclafane Although the Financial Stability Oversight Council created by the Dodd–Frank Wall Street Reform Act could serve an incredibly useful purpose,...
MetLife, U.S. Renew Court Battle Over ‘Too Big to Fail’ October 25, 2016 By Lisa Lambert The U.S. government and the country’s largest life insurer are set for a rematch in a U.S. appeals court on...
State Insurance Commissioners Name New Jersey’s Hartt to Financial Oversight Panel August 29, 2016 The National Association of Insurance Commissioners (NAIC) has appointed Peter L. Hartt, director of New Jersey’s Insurance Division, to a...
GE Erases ‘Too-Big-to-Fail’ Tag with Sale of Financial Businesses June 29, 2016 By Richard Clough General Electric Co. won approval to drop its designation as a too-big-to-fail financial institution, capping a transformation that has included...