Skip to main content


March 31, 2016

U.S. judge strikes down MetLife designation of ‘too big to fail’

“Insurer MetLife Inc won a major regulatory and legal battle on Wednesday when a federal judge struck down the U.S. government’s determination that it is “too big to fail.”

“MetLife had argued in court that the Financial Stability Oversight Council (FSOC), made up of the heads of the country’s financial regulatory agencies, used a secretive and flawed process when in 2014 it designated the company as a systemically important financial institution.”


“The nonprofit, nonpartisan group Better Markets said, however, Collyer’s decision threatens “the entire structure that protects the country and its taxpayers from future financial crashes caused by nonbanks.”


Read the full Reuters article by Lisa Lambert here.

In the News


For media inquiries, please contact us at or 202-618-6433.

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today