GARY G. MILLER: “Your job is to make sure you are accountable to the taxpayer to be able to serve the most people you can serve out…”

Under the proposed rule, the bank-centric standards will be detrimental to insurance companies.

Capital standards need to be set appropriately so they can ensure the safety and soundness of financial institutions without harming the availability of credit to fuel economic growth.

That is a tremendous concern from the insurance industry today, that they are getting into an area the Feds were never authorized to get into.

I just think everybody should be treated equally.