WASHINGTON–The Financial Services Roundtable, a consortium of financial services companies, issued a call yesterday for an optional federal insurance charter and other policy proposals before a meeting between Treasury officials and banking leaders.
Already, the group noted in its recommendations, the Treasury, Congress and federal financial regulators “have taken extraordinary actions that, when fully implemented, will help stabilize and restore financial markets.”
However, the group argued that “additional actions are needed now to strengthen our financial markets to avoid a global economic recession. In every instance, the regulators and Congress should leverage private sector resources to aid the implementation of these initiatives.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
