the legislation previously proposed by Senators Brown and Johanns, and today by Senator Collins, represents a sound basis for moving forward.
that, in the financial crisis, holding companies were a source of weakness, rather than strength, to their operating sub...
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-ce...
I believe that the language that I have introduced should give the Fed the clarity it needs.
I want to especially thank you, Chairman Brown and Senator Johanns, for your hard work.
My legislation would add language to Section 171 to clarify that in establishing minimum capital requirements for holdin...
As I have publicly and repeatedly stressed, Section 171 does not direct the regulators to apply bank-centric capital sta...
We must not take action that would diminish the taxpayer protections that provided the motivation for my writing the Col...
I do not agree that the Fed lacks this authority and find its disregard of my clear intent, as the author of Section 171...
I want to emphasize my belief that the Federal Reserve is able to take into account and should take into account the dif...