A lawyer defending the governments decision to designate MetLife a company 'too big to fail,' was questioned in court. MetLife's lawsuit is the biggest challenge yet to the regulatory council led by Treasury Secretary Jacob Lew since its creation as part of the Dodd-Frank law.
Treasury Secretary Jacob J. Lew said the tax system for businesses needs to be overhauled, with lower taxes and closed loopholes, to help boost the economy.
The Financial Stability Oversight Council is planning to meet Dec. 18 to vote on whether to designate MetLife and subject it to Federal Reserve oversight.
The Financial Stability Oversight Council is planning to solicit views from the industry and the public on which asset management activities could threaten the financial system.
The U.S. Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce their taxes, clamping down on the practice known as inversions.
Estimates of U.S. health care spending for the next five years have been lowered by two federal agencies, and the Patient Protection and Affordable Care Act is getting much of the credit.
MetLife Inc. is deemed systemically important by a panel of regulators, a decision that would subject the biggest U.S. life insurer to stricter Federal Reserve oversight.
U.S. regulators are poised to label MetLife Inc. a potential threat to the financial system.
DebugScreen: mobile
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{
"uri": "/2016/02/11/metlife-too-big-to-fail-designation-defended-by-go/",
"title": "MetLife too-big-to-fail designation defended by government",
"byline": " Andrew Harris, Ian Katz, Bloomberg ",
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"summary": "A lawyer defending the governments decision to designate MetLife a company 'too big to fail,' was questioned in court. MetLife's lawsuit is the biggest challenge yet to the regulatory council led by Treasury Secretary Jacob Lew since its creation as part of the Dodd-Frank law.",
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{
"uri": "/2015/01/21/lew-pushes-tax-overhaul/",
"title": "Lew pushes tax overhaul",
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"summary": "Treasury Secretary Jacob J. Lew said the tax system for businesses needs to be overhauled, with lower taxes and closed loopholes, to help boost the economy.",
"body": null
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{
"uri": "/2015/01/13/metlife-to-sue-over-dodd-frank-risk-tag/",
"title": "MetLife to sue over Dodd-Frank risk tag",
"byline": "Zachary Tracer, Andrew Zajac and Ian Katz",
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"prettyDate": "January 13, 2015",
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"summary": "The largest U.S. life insurer calls the label premature and says it has offered substantial and compelling evidence it isnt a SIFI.",
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{
"uri": "/2014/12/05/metlife-said-near-systemic-label/",
"title": "MetLife said near systemic label",
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"prettyDate": "December 05, 2014",
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"summary": "The Financial Stability Oversight Council is planning to meet Dec. 18 to vote on whether to designate MetLife and subject it to Federal Reserve oversight.",
"body": null
},
{
"uri": "/2014/11/06/risk-panel-to-review-asset-manager-threats/",
"title": "Risk panel to review asset manager threats",
"byline": "Ian Katz, Robert Schmidt",
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"prettyDate": "November 06, 2014",
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"summary": "The Financial Stability Oversight Council is planning to solicit views from the industry and the public on which asset management activities could threaten the financial system.",
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{
"uri": "/2014/09/22/treasury-unveils-anti-inversion-rules/",
"title": "Treasury unveils anti-inversion rules",
"byline": "Richard Rubin, Ian Katz",
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"prettyDate": "September 22, 2014",
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"summary": "The U.S. Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce their taxes, clamping down on the practice known as inversions.",
"body": null
},
{
"uri": "/2014/09/22/treasury-wrapping-up-work-to-limit-inversions/",
"title": "Treasury wrapping up work to limit inversions",
"byline": "Ian Katz",
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"prettyDate": "September 22, 2014",
"timeToRead": "3 minute",
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"summary": "U.S. Treasury Secretary Jacob J. Lew said the department is finishing work to limit the benefits companies gain from moving their addresses overseas.",
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{
"uri": "/2014/09/05/ppaca-effect-tied-to-lower-medical-cost-estimates/",
"title": "PPACA effect tied to lower medical cost estimates",
"byline": "Caroline Chen, Ian Katz",
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"prettyDate": "September 05, 2014",
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"summary": "Estimates of U.S. health care spending for the next five years have been lowered by two federal agencies, and the Patient Protection and Affordable Care Act is getting much of the credit.",
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{
"uri": "/2014/09/04/metlife-strongly-disagrees-with-systemic-tag/",
"title": "MetLife ‘strongly disagrees’ with systemic tag",
"byline": "Ian Katz, Zachary Tracer",
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"prettyDate": "September 04, 2014",
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],
"kickerNode": [],
"summary": "MetLife Inc. is deemed systemically important by a panel of regulators, a decision that would subject the biggest U.S. life insurer to stricter Federal Reserve oversight.",
"body": null
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{
"uri": "/2014/07/22/is-metlife-a-threat/",
"title": "Is MetLife a threat?",
"byline": "Ian Katz, Robert Schmidt",
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"prettyDate": "July 22, 2014",
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"summary": "U.S. regulators are poised to label MetLife Inc. a potential threat to the financial system.",
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