MetLife (MET) Publishes Statement on House Passage of Financial CHOICE Act

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Go back to MetLife (MET) Publishes Statement on House Passage of Financial CHOICE Act

MetLife Statement on House Passage of Financial CHOICE Act

June 8, 2017 4:43 PM EDT

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) Chairman, President and CEO Steven A. Kandarian issued the following statement today on passage of the Financial CHOICE Act by the U.S. House of Representatives:

The Financial CHOICE Act is an important step toward the permanent removal of the authority of the Financial Stability Oversight Council (FSOC) to designate non-bank insurance companies as Systemically Important Financial Institutions (SIFIs).

Singling out a few large... More