U.S. Chamber Pushes Regulators for Hearing on Nonbanks
From Donna Barok’s article in American Banker:
The American Council of Life Insurers, Business Roundtable, and Competitive Enterprise Institute, among others, made the case in their letter for a hearing to air the number of concerns that have been raised by comment letters, including threshold factors to determine if a company should be subject to a review for possible designation. The public comment period closed on Dec. 19.