House GOP’s Dodd-Frank Fix: A Market-Based Solution
Politics / Regulation

House GOP’s Dodd-Frank Fix: A Market-Based Solution

When Wisconsin Congressman Paul Ryan started as Speaker of the House last October, he promised to outline a Republican vision on policies for the 2016 election. Last week, chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R-TX), began that process by outlining a bill designed to replace the 2010 Dodd-Frank Wall Street Reform … Continue reading

MetLife Disavows “Systemically Important” Proposal
Economy / Politics / Regulation

MetLife Disavows “Systemically Important” Proposal

MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.”  After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading