Full Committee Hearing

Finding the Right Capital Regulations for Insurers

Date:   Tuesday, March 11, 2014 Time:   10:00 AM

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COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER PROTECTION will meet in OPEN SESSION to conduct a hearing entitled “Finding the Right Capital Regulations for Insurers”. The witness on Panel I will be: The Honorable Susan Collins, United States Senator. The witnesses on Panel II will be: Mr. Michael W. Mahaffey, Chief Risk Officer, Nationwide Insurance; Ms. Virginia M. Wilson, Chief Financial Officer, TIAA-CREF; Mr. H. Rodgin Cohen, Senior Chairman, Sullivan & Cromwell LLP; and Mr. Aaron Klein, Director, Financial Regulatory Reform Initiative, Bipartisan Policy Center. Additional witnesses may be announced at a later date. All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.


Witness Panel 1

  1. Honorable Susan Collins (R-ME)
    United States Senator

Witness Panel 2

  1. Mr. H. Rodgin Cohen
    Senior Chairman
    Sullivan & Cromwell LLP
  2. Mr. Aaron Klein
    Financial Regulatory Reform Initiative, Bipartisan Policy Center
  3. Mr. Michael W. Mahaffey
    Chief of Risk Officer
    Nationwide Insurance
  4. Mr. Daniel Schwarcz
    Associate Professor
    University of Minnesota Law School
  5. Ms. Virginia M. Wilson
    Chief Financial Officer