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Housing and Insurance Subcommittee Reviews Reinsurance and Credit Risk Transfers

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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

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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

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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

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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…

Oversight and Investigations Subcommittee Reviews Mismanagement of Little Rock Public Housing Authority

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Last Friday, the Subcommittee on Oversight and Investigations, chaired by Rep. Dan Meuser (PA-09), held a field hearing titled “Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents.” On Mismanagement of Little Rock’s Public Housing Authority: Full Committee Chairman French Hill (AR-02) said, "I’ve unfortunately witnessed mismanagement and…

Hill and Flood Statement on President Trump’s Executive Order on Housing Affordability

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House Committee on Financial Services Chairman French Hill (AR-02) and Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), issued the following statement on President Trump’s Executive Order removing regulatory barriers to affordable home construction: “We commend President Trump acting to address the underlying issues that are driving up the cost to build new homes. Many of…

Meuser: The Facts Need to Be Clear, the Failures Need to Be Understood, and Those Responsible Need to Be Held Accountable with the Transparency and Discipline the Law Requires

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 Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee field hearing, led by Subcommittee Chairman Dan Meuser (PA-09), titled: "Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents." Read Subcommittee Chairman Meuser's opening remarks as prepared for delivery: "Thank you, Chairman Hill, for…

Hill and Barr Applaud President Trump's Move to Expand Access to Mortgage Credit

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House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement in support of President Trump's Executive Order expanding access to mortgage credit:  “I commend President Trump’s Executive Order Promoting Access to Mortgage Credit. The President and his Administration have shown…

TOMORROW: MEDIA ADVISORY: Rep. Hill to Host Field Hearing on Failures of Little Rock Housing Authority

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Tomorrow, at 10:00 AM CT, Chairman of the House Financial Services Committee, Rep. French Hill (AR-02), will hold a Field Hearing at the Central Arkansas Library System in Little Rock, Arkansas. The Financial Services Committee’s Subcommittee on Oversight and Investigations, chaired by Rep. Dan Meuser (PA-09), will be coming to Little Rock to examine the failures of the Little Rock…

Chairman Hill Statement on Senate Passage of 21st Century ROAD to Housing Act

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after Senate passage of the 21st Century ROAD to Housing Act:  “Today, the Senate took an important step in the legislative process. This Congress, the House has passed bipartisan legislation to empower homeowners and renters, strengthen communities, and foster more affordable choices…