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Senate Panel Rips Fed's Take On Capital Rules For Insurers

By Bibeka Shrestha (March 11, 2014, 2:08 PM EDT) -- Members of a U.S. Senate financial services committee on Tuesday agreed that the Federal Reserve has full power to tailor capital regulations for insurers rather than impose banklike rules, but said new legislation making that point clear should move forward if the Fed continues to disagree....

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