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U.S. Senator Tammy Baldwin Statement on the Terrorism Risk Insurance Act

Statement

Date: Jan. 8, 2015
Location: Washington, DC
Issues: National Security

U.S. Senator Tammy Baldwin released the following statement after the U.S. Senate passed the Terrorism Risk Insurance Act (TRIA) by a vote of 93-4. The bill now heads to the President's desk for his signature.

"With this bipartisan legislation, we are restoring the long-term security our economy and the American people deserve. TRIA serves as a crucial backstop and will give confidence to Wisconsin's small businesses and taxpayers alike. However, I am disappointed with Republicans' continued insistence on attaching changes to the Wall Street Reform Act with must-pass legislation. While I'm supportive of the underlying provision that separates end-users in Wisconsin's manufacturing and agriculture sector from Wall Street Banks, I fear continuing this precedent will lead to future rushed changes to the Wall Street Reform Act that will cause harm."


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