04/25/2022
https://www.congress.gov...
"Consideration should be given to the distinctions between banks and insurance companies."
"it was not Congress's intent that Federal regulators supplant prudential State-based insurance regulation with a bank-centric capital regime."
"I want to especially thank you, Chairman Brown and Senator Johanns, for your hard work."
"I believe that the language that I have introduced should give the Fed the clarity it needs."