The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plans told Reuters.
Concerns over liquidity, transparency and lending discipline have rattled investor sentiment in the $2 trillion non-bank lending sector in recent weeks.
The sources said Treasury Secretary Scott Bessent had been planning since January, however, to start regular and sustained consultations with insurance regulators in the second quarter of this year.
The first of the meetings could be announced as soon as Wednesday, the sources said.
Based on the results of that meeting, the participants will determine the direction of future engagements, aiming to improve regulators’ fact-based, transparent oversight of private credit lenders as their interactions with regulated financial institutions increase.<\/p>\n","protected":false},"excerpt":{"rendered":"
The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the plans told Reuters.Concerns over liquidity, transparency and lending discipline have rattled investor sentiment in the $2 trillion non-bank […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-37683","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n