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Flood: Federal Home Loan Banks Strengthen Communities Through Liquidity and Housing Support

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), to examine the Federal Home Loan Banks’ role in providing liquidity to financial institutions and supporting affordable housing and community development. Read Subcommittee Chairman Flood’s opening remarks as prepared for…

Housing and Insurance Subcommittee Examines the Federal Home Loan Bank System

| Posted in Press Releases

Today, the Housing and Insurance Subcommittee, led by Chairman Mike Flood (NE-01), held a hearing to explore the structure, operations, and mission of the Federal Home Loan Bank System. On Supporting Local Lending and Community Banks: Subcommittee Chairman Flood said, “… when I learned more about the Federal Home Loan Bank of Topeka's programs, I found them to be much more efficient in…

Housing and Insurance Subcommittee Reviews HUD’s Disaster Recovery Programs

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing to examine the effectiveness of HUD's Community Development Block Grant Disaster Recovery (CDBG-DR) program and explore opportunities to improve federal disaster recovery assistance. On Structural Challenges Within CDBG-DR: Subcommittee Chairman…

Flood: Let’s Examine the Best Path Forward for Disaster Recovery

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), titled “Examining Local Needs in Disaster Recovery.” Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I recognize myself for four minutes for an opening statement. "The topic of this hearing is the role that…

WSJ: This Housing Bill Is Progress, Not Perfection | Chairman French Hill

| Posted in Member Corner

This Housing Bill is Progress, Not Perfection Chairman French Hill (AR-02)  June 1, 2026  Your editorial is a sharp critique against the recently passed 21st Century ROAD to Housing Act (“A Bipartisan Housing Fiasco,” May 27). While no compromise in Congress is flawless, the board’s criticism focuses on grievances rather than the meaningful, supply-side reforms that will…

WTAS: Financial Services Highlights Support for Commmittee’s Bipartisan Amendment to the 21st Century ROAD to Housing Act

| Posted in Press Releases

Support for the Committee’s bipartisan amendment to the 21st Century ROAD to Housing Act has been rolling in since last week’s 396-13 passage through the House. To date, over 250 groups have expressed support for the amendment. For a one-pager on the bill click here. For a section-by-section on the bill click here. For the Administration’s Statement of Administrative Policy,…

Housing and Insurance Subcommittee Reviews Reinsurance and Credit Risk Transfers

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing on the role of reinsurance and credit risk transfers (CRT) in helping distribute risk across the market. On Protecting Taxpayers Through Private Capital: Full Committee Chairman French Hill (AR-02) said, “So much of this is…

Flood: Reinsurance and Credit Risk Transfer Help Distribute Risk Across the Market

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), focused on the importance of reinsurance and credit risk transfer (CRT). Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I’d like to thank our witnesses for being with us today, and I look forward to an…

Housing and Insurance Subcommittee Reviews Mitigation Tactics to Reduce the Risk of Flooding

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Mike Flood (NE-01), examined how targeted mitigation investments can reduce flood damage, strengthen community preparedness, and lower long-term costs for taxpayers. On Insurance Structure and Risk Exposure: Subcommittee Chairman Flood said, "Flood damage is a unique kind of peril. It…

Flood: We Need to Abate the Flooding Risk

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chair Mike Flood (NE-01), to investigate ways to lower the costs and damage of flooding. Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I’d like to thank our witnesses for being with us today, and I very much look forward to an…