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Public Statements

Homeowner Flood Insurance Affordability Act

Floor Speech

Location: Washington, DC


Mr. President, we have been here before. Fifteen years ago, Gramm-Leach-Bliley offered what the good Senator from Oklahoma is offering, and it is why NARAB has never been successful.

What this does is it empowers our State regulators, and that is why they support this bill. Notice you haven't heard a lot from States about taking away their rights here because it does not. It empowers them, it brings more competition in the marketplace, and it helps consumers. This is good.

I kick it over to my cosponsor and the good Senator from Nebraska.


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