|Day's Range||65.06 - 65.52|
|52 Week Range||53.93 - 67.47|
|PE Ratio (TTM)||132.66|
|Dividend & Yield||1.28 (1.96%)|
|1y Target Est||N/A|
Almost everyone expected Republican President Donald Trump to withdraw the appeal, filed by the Obama administration, soon after taking office, said Douglas Holtz-Eakin, who served as chief economist for former President George W. Bush. Withdrawal would let stand a judge's 2016 decision that MetLife, the country's largest life insurer, should not be designated a "systemically important financial institution," a relatively new label that triggers heightened oversight and capital requirements. Instead, both MetLife and the U.S. government have repeatedly asked for delays in the case since Trump's inauguration.
Two prominent U.S. Democratic senators are raising questions about President Donald Trump's special adviser, Carl Icahn, asking in a letter on Thursday if the activist investor is attempting to persuade the government to lift its "too big to fail" tag from insurer American International Group. On Friday, the Financial Stability Oversight Council, comprising the chiefs of U.S. financial regulatory agencies, will discuss AIG's designation as a "systemically important financial institution," commonly known as one that is "too big to fail." In an agenda for the meeting, the council did not say which institution it will discuss. Trump has ordered a review of the designation process, currently at the heart of a lawsuit involving MetLife Inc. , which many expect will lead his administration to rescind the current designations to try to lighten regulation it considers burdensome.
The Massachusetts senator urged Treasury Secretary Mnuchin to find out if the billionaire activist had urged regulators to remove the insurer's SIFI designation