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Treasury Dept. remains non-committal on U.S.-EU insurance agreement

March 27, 2017 at 2:21 PM
The Treasury Department in a mid-March letter to lawmakers declined to take a position on whether the U.S.-EU covered agreement on insurance and reinsurance measures -- negotiated by Obama administration -- should be allowed to go into effect. A 90-day congressional review period is set to expire on April 13, but the Trump administration has remained silent on whether it will sign off on the deal. Reps. Sean Duffy (R-WI) and Dennis Ross (R-FL) in February asked Treasury Secretary Steven...

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