Government Hearings - 2015

  • 2015 0325 - GOV - FSOC Accountability Nonbank Designations
    • [PDF-165pVIDEO-CSPAN] - <mp3, mp4> - T
    • (p37/2:08) - Elizabeth Warren - "I am all for increased transparency, but I assume the  Council must balance transparency against disclosing confidential or potentially market-moving information."
    • (p78) PREPARED STATEMENT OF GARY E. HUGHES - EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL, AMERICAN COUNCIL OF LIFE INSURERS - MARCH 25, 2015
    • (p127) - Roy Woodall and John Huff dissents on Prudential 
    • (p140) - Roy Woodall and Adam Hamm dissents on MetLife
    • NAIC Letter to GOV - 3p
  • The State of the Insurance Industry and Insurance Regulation
    • [PDF-56p, VIDEO-Senate] - <mp3, mp4> - T
    • Richard Shelby - Chair
      • “As a liability-driven business, insurance often has long-term cash flow patterns compared to shorter-term activities at banks.  Consequently, current law fails to adequately account for the business model and risk profile of insurance companies, and that should concern us all.
  • 2015 0429 - GOV - The Impact of International Regulatory Standards - Part1
    • [PDF-125p, VIDEO-youtube] - <mp3, mp4>
    • 29:00 - mike capuano, optional federal charter, iais,
    • 39:00 - garrett - different standards - fsoc vs iais
    • VIDEO-CLIP - Westmoreland at International Regulatory Standards Hearing
    • House - COMMITTEE ON FINANCIAL SERVICES -SUBCOMMITTEE ON HOUSING AND INSURANCE
  • 2015 0429 - GOV - The Impact of International Regulatory Standards..." - Part 2 - 1:04
    • [PDF-125pVIDEO-youtube] - <mp3, mp4>
    • House - COMMITTEE ON FINANCIAL SERVICES -SUBCOMMITTEE ON HOUSING AND INSURANCE
  • Examining Insurance Capital Rules and FSOC Process -  EXAMINING THE FEDERAL RESERVE'S IMPLEMENTATION OF THE COLLINS AMENDMENT TO TAILOR CAPITAL RULES FOR INSURERS ON FSOC'S DESIGNATION PROCESS FOR NONBANK SIFIS AND FOR INTERNATIONAL CAPITAL DEVELOPMENTS FOR INSURERS
    • [PDF-70p, VIDEO-Senate] - <mp3, mp4> - T
    • Senate - COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS - SUBCOMMITTEE ON SECURITIES, INSURANCE, AND INVESTMENT
  • x-2015 0513 - GOV - Dodd-Frank Act and Regulatory Overreach
    • [PDF- 86p, VIDEO-Youtube] - <mp3, mp4>
    • House - SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS - COMMITTEE ON FINANCIAL SERVICES
  • The Role of the Financial Stability Board in the U.S. Regulatory Framework
    • [PDF-109p. VIDEO-CSPAN] - <mp3, mp4> - T
    • Senate - COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS
  • 2015 0722 - GOV - Oversight of the Financial Stability Oversight Council Designation Process
    • [PDF-48p, VIDEO-Senate] - <mp3, mp4> - T
    • Senate - COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS - SUBCOMMITTEE ON SECURITIES, INSURANCE, AND INVESTMENT
  • 2015 0723 - GOV - “Ending ‘Too Big to Fail’: What is the Proper Role of Capital and Liquidity?”
  • 2015 0929 - GOV - The Impact of Domestic Regulatory Standards on the U.S. Insurance Market
    • [PDF-152p, VIDEO-youtube] - <mp3, mp4>
    • House - Finance - Subcommittee Housing, Community Development and Insurance
    • [PDF-Testimony] -  American Academy of Actuaries (AAA) -  Elizabeth Brill, MAAA, FSA
  • 2015 1119 - GOV - OVERSIGHT OF THE FINANCIAL
    STABILITY OVERSIGHT COUNCIL: DUE PROCESS AND TRANSPARENCY IN NON-BANK SIFI DESIGNATIONS

    • [PDF-179p, VIDEO-youtube] - <mp3, mp4>
    • House - COMMITTEE ON FINANCIAL SERVICES - SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS