Treasury Department Supports Optional Federal Regulation of Insurance
After the past couple of weeks, that the feds would want to be more actively involved in regulating industry should be no surprise. Seen in the Wall Street Journal (subscriber link): The U.S. Treasury Department has chosen sides in the fight over state versus federal insurance regulation, standing squarely in the corner of large insurers who want the option to be regulated at the national level. An executive summary of the Treasury Department’s blueprint for overhauling regulation of financi
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