Covered Agreement remains uncompleted in Washington

The "Covered Agreement" negotiated by American and
European Union regulators to govern insurer and reinsurer
operations in both markets got no overt support from a US Treasury
official in a recent letter to a key congressman.
Writing in regard to concerns that have been raised about the
deal, Treasury's Luke Ballman, deputy assistant secretary in
the office of Legislative Affairs, assured US Representative Sean
Duffy on 16 March that he welcomed the chance to hear from those
potentially affected