MetLife’s Kandarian Said to Attend FSOC Hearing on SIFI Vote
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MetLife Inc. Chief Executive Officer Steven Kandarian was accompanied by Washington lawyer Eugene Scalia at a hearing today to challenge regulators’ proposal to subject the insurer to Federal Reserve oversight, a person with knowledge of the matter said.
MetLife Chief Financial Officer John Hele and General Counsel Ricardo Anzaldua also attended the hearing before the Financial Stability Oversight Council, said the person, who asked not to be identified because the meeting was private. Scalia, a partner at Gibson Dunn & Crutcher LLP, has filed several cases seeking to overturn regulations in the Dodd-Frank financial law.