WASHINGTON (AP) — U.S. regulators are proposing to label insurer MetLife Inc. as a potential threat to the financial system, a designation that brings stricter government oversight.

New York-based MetLife says it “strongly disagrees” with the decision by the Financial Stability Oversight Council on Thursday to propose designating the company as “systemically important.” That would mean the company was deemed so big and interconnected that it could cause damage to the financial system if it failed.

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