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Sen. Brown Issues Statement at Banking Committee Hearing on Global Regulatory Insurance
September 12, 2019
WASHINGTON, Sept. 12 -- Sen. Sherrod Brown, D-Ohio, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following opening statement at a hearing entitled 'Developments in Global Insurance Regulatory and Supervisory Forums':

Eleven years ago today, September 12, 2008, executives from AIG walked into the Federal Reserve Bank of New York to beg for a bailout.

"Supervisors at the Office of Thrift supervision, whose leadership was so in . . .

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