GARY G. MILLER: “We simply cannot have any meaningful impact on our deficits and national debt by relinquishing American MDB world…”

I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.

For the past century, and through multiple financial crises, the State-based insurance regulatory system in the United States has been successful and has protected policyholders.

While I strongly believe in coordination among international regulators, we must resist the tendency of pursuing a one-size-fits-all approach.

NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an approach.