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Financial Stability Oversight Council

Politico Morning Money: MetLife push back

"Lot of react to the nameless banker who ripped Treasury for its reaction to the judge’s ruling tossing out the Met Life SIFI designation. Per a former agency official: “FSOC spent over a year deliberating over MetLife, reviewed tens of thousands of pages, and held a hearing with MetLife before final designation. So it is not surprising that Treasury and the heads of all federal financial regulatory agencies feel obliged to appeal this opinion, which includes made up statutory requirements, like cost-benefit analysis."

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