Peter Schroeder on Muck Rack

Peter Schroeder

Washington, DC
Financial Regulation Reporter — Reuters

Reuters, Finreg correspondent, Notre Dame alum. RT's do not equal endorsements, but you knew that already. DM for Signal.

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@peteschroeder — 5,063 followers, 20,158 tweets

Current regulatory state of affairs: the federal government officially thinks just one insurance company - Prudential - could do major damage to the financial system upon failure. That's weird.
Not terribly tricky to count votes here. Presumably Obama holdovers Watt & Gruenberg would oppose revocation. Yellen a wildcard and then who knows what to do with CFPB these days. And that's not even considering any potential recusals in the offing. 
Upshot is MetLife is no longer a SIFI, and the only nonbank SIFI remaining is Prudential.
That's my roundabout way of saying MetLife and FSOC announced today they are both seeking to dismiss FSOC"s appeal in their ongoing SIFI feud.
Washington, D.C.'s hottest club is "nonbank SIFI." Very exclusive.
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