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Transcripts For CSPAN3 Key Capitol Hill Hearings 20151106

That we weigh in on how other countries set up their own regimes, in a manner that will be good for u. S. Firms and the u. S. Market. Its an attempt to influence what other countries do and thereby ensure a level Playing Field that works in our best interest. Their angst is based on the fact that they believe we might end up accepting standards from the International Community that might create problems for them here at home. Nothing thats adopted internationally has any binding force in the United States. We go through our own rulemaking process and decisionmaking. Its our internal decisions now. Of course, given our thoughts on whats appropriate, were using that and collaborating, doing this collaboratively with other u. S. Insurance regulators. Were presenting positions in basel, attempted to influence the international decisions. But we decide here whats the appropriate regime. Thank you, madam chair. Time of the gentleman has expired. The chair recognizes the gentleman from illino

Transcripts For CSPAN3 Key Capitol Hill Hearings 20151106

Not look at asset manages of siffys but maybe down the road it would . There were a set of criteria that fsok initially issued to indicate firms that it might look at. Has that been updated, chair . Im not certain if it has. But there was there was written if you dont mind well reach out to your staff to see if theres any updated criteria on that. Do you also have a set of criteria that deals with an offramp, such as if an institution designated as a sify and they go down this path in your eyes, offramp for them. Do you have that set of criteria . We evaluate each of these firms every i think ivevery si decide if its no longer appropriate for them to be des designated . Do you have the guidelines . Were to the trying to run these businesses. And were not going to i dont think it would be appropriate for us to say you need to do x, y, and z to be dedesignated. These firms understand very well why theyve been designated. And they understand what kinds of changes in their Business Model w

Transcripts For CSPAN2 Oversight Hearing On U 20151211

Transcripts For CSPAN3 Oversight Hearing On U 20151209

Transcripts For CSPAN2 Key Capitol Hill Hearings 20141105

Ballot that will be thrown out. Plea silencer cell phones so we can have your full attention this morning. We want this to be a lively discussion and we want to hear from you this morning. So we would welcome your comments, your questions and your feedback via twitter, hashtag in j. Day after. We will also be accepting questions via twitter seize our moderators will have ipads in hand. Going to pose your question that way thats fantastic. We will also be circulating with microphones during the event. If youll just state your name and organization when posing a question that would be helpful. I want to get a quick rundown of this mornings program. First we weaken with a Panel Moderated by ron fournier, about last night analysis of key Election Results and outcomes. The next panel Getting Congress to govern will be moderated by ben pershing, and the final panel, a conversation with case papers will be moderated by michelle cottle. Closing the program will be a conversation with charlie c