Congress Gets a Nudge on 'Too Big to Fail' Life Insurers

What You Need To Know

• Congressional Research Service articles do not set policy but may frame how policymakers think.
• A CRS analyst points out that federal agencies helped bail out nonbanks in 2008 and bank deposits not officially protected by the FDIC in 2023.
• He does not address the view of life insurers that federal systemic risk oversight is a poor fit for insurers.