06/25/2018
https://www.congress.gov...
"Insurance matters to my State. In addition to the millions of insurance consumers in Ohio, the city of Columbus is second in the Nation in concentration of insurance jobs behind only Hartford."
"The FSB, remember, is not a U.S. regulator, and it is not accountable to Congress or the American people."
"The Treasury Secretary, who also chairs the FSOC, has told this Committee that the FSB's decisions do not bind the FSOC."
"AIG realized 40 percent of the loss--45 percent of the losses of all insurance in 2008 and received 55 percent of the Government's support provided to insurers."