Democrats emerged from last week's historic election not only with control of the White House, but with a big enough majority in Congress to set the legislative agenda, with several critical insurance issues on the front burner–not the least of which is health care reform.
The first indication of how the new Congress will deal with insurance issues could come as early as Nov. 18, when members of the House Financial Services Committee question Treasury Department officials on their use of funds authorized under the Temporary Asset Recovery Program, passed in October.
Last week, the Treasury Department told insurers they have been ruled eligible for assistance under TARP if they have a federal regulatory link, such as a thrift charter or a bank holding company charter.
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