Depriving the insurance companies that invest on behalf of those pensioners, the returns available through investments in covered fund impairs the ability of those pensioners to maintain their retirement security.
Hensarling cites concerns from TIAA-CREF about the impact of the Volcker Rule on pensioners' security.
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Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.
How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
I am very pleased to yield 2 minutes to the gentleman from Wisconsin (Mr. Duffy), the chairman of the Housing and Insurance Subcommittee.
Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.
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