GE Requests End of Too-Big-to-Fail Designation

The transcript discusses GE's strategic move to downsize by selling off $200 billion in assets to shed its systemically important designation. It highlights the progress made, with 80% of the target achieved. The timing coincides with MetLife's court victory in a similar case, though it's deemed coincidental. GE aims to submit its application by the end of the first quarter, emphasizing the urgency of meeting this deadline.

What impact does the timing of GE's actions have on their arguments?

What deadline was GE trying to meet regarding their application?