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
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Long-Term Care: The Elephant in the Room
Long-term care is a real concern facing America today. Individuals live longer and are facing more chronic illnesses requiring constant care. Yet untrained and unpaid family members provide most long-term care for their loved ones. A recent article published Reuters revealed that four out of ten adults are caring for an elderly family member. It … Continue reading
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