releases: http://royce.house.gov/news/documentsingle.aspx?DocumentID=397832
Data license: MIT · Data source: dwillis/congress-press
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| url | title | date | year | month | party | chamber | state | member_name | bioguide_id | domain | scraper | source | date_source | text | has_text | collected_at | updated_at |
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| http://royce.house.gov/news/documentsingle.aspx?DocumentID=397832 | Chairman Royce Applauds Treasury and USTR for Initiating E.U. Covered Agreement Negotiations | 2015-11-20 | 2015 | 2015-11 | Republican | House | CA | Edward Royce | R000487 | royce.house.gov | legacy | Today, U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee and a senior member of the House Financial Services Committee, issued the following statement in reaction to news that the U.S. Department of Treasury and the Office of the U.S. Trade Representative (USTR) will initiate negotiations with the European Union on establishing a covered agreement: Word that Treasury and USTR are initiating negotiations to establish a covered agreement with the E.U. is welcome relief, considering the negative impact that a delay would have on American companies abroad. As I stressed to Treasury and USTR in September, time is of the essence when it comes to creating an international level playing field for insurers and reinsurers, and now is not the time to take our foot off the pedal. On September 29, Chairman Royce sent a letter to Secretary of the Treasury Jack Lew and USTR Michael Froman urging them to move forward on a covered agreement with the European Union regarding prudential measures related to the business of insurance or reinsurance. In the letter, Chairman Royce wrote: The time is now for the Department of Treasury and the Office of the U.S. Trade Representative to use the statutory authority to begin formal negotiations of a covered agreement with the EU on a number of prudential issues, including reinsurance collateral requirements." | 1 | 2026-03-30T12:14:52Z | 2026-03-30T12:14:52Z |