On the recordApril 28, 2015
Can you point to me the law that empowers any United States Federal agency at the Federal level to regulate a non-SIFI, non-bank-owning insurance company?
Source
congress.govCan you point to me the law that empowers any United States Federal agency at the Federal level to regulate a non-SIFI, non-bank-owning insurance company?
Capuano challenges the existence of legal authority for regulating certain insurance companies.
Share
More from Mike Capuano
But it is also worth noting that to the American people, it was Democrats under the sterling leadership of our Ranking Member, Ms. Maxine Waters, who has been fighting and been our protector on many of these issues.
For those of you who are not, understand it is going to be very difficult to make an argument that for some reason everybody else could do it except you.