2015 0429 - GOV (House) - The Impact of International Regulatory Standards - PDF-125p
Mr. CAPUANO. I respect that, but first of all, they have no record of doing so, because I don’t think they have done such a great job.
Now, don’t get me wrong, I think some of our State regulators haven’t done such a great job. I kind of remember a little problem
with AIG, but that is a different issue.
Lynn Westmoreland - (R-GA-2007 to 2017)
2015 0429 - GOV (House) - The Impact of International Regulatory Standards - PDF-125p
(p16) - Mr. WESTMORELAND. Are any of these companies SIFIs? Are they a problem? Are they a threat to our economy? Mr. MCRAITH. Forgive me, Congressman, I am not sure I understand your question. Mr. WESTMORELAND. You are talking about financial stability, worldwide financial stability. How do these insurance companies play into that? They are not banks.