News List

House's TRIA Reauthorization and Dodd-Frank Clarification Bill Headed to President's Desk The House once again overwhelmingly passed a long-term reauthorization of the Terrorism Risk Insurance Act (TRIA) with taxpayer protection reforms this week. The bill, sponsored by Rep. Randy Neugebauer (R-TX), included the reestablishment of NARAB and also a critically important clarification of… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) today made the following comments about the Senate’s passage of House legislation to reauthorize the Terrorism Risk Insurance Act with reforms and the failure of an amendment offered by Senator Elizabeth Warren (D-MA) to remove an important bipartisan Dodd-Frank Act clarification from the bill. “This very same TRIA… Read more »

The House on Wednesday approved, by a vote of 416-5, a bipartisan, six-year reauthorization of the Terrorism Risk Insurance Act (TRIA) with taxpayer protection reforms and a clarification of a provision of the Dodd-Frank Act that is currently threatening jobs at Main Street businesses even though they had nothing to do with the 2008 financial crisis. The bill is the same bipartisan… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement about the House’s vote on H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act: “As today’s vote demonstrates, there is strong bipartisan support for this pro-jobs, regulatory relief bill.  It’s disappointing so many Democrats, who voted for these provisions just… Read more »

House Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement regarding reports that President Obama on Thursday will announce executive action to lower Federal Housing Administration (FHA) mortgage insurance premiums: “Such an action by the President would be a grave mistake that will end up hurting hardworking taxpayers.  It was just two years… Read more »

Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following statement about the House’s plan to vote this week on legislation to reauthorize the Terrorism Risk Insurance Act (TRIA): “Just last month, Democrats joined Republicans in the House to overwhelmingly pass bipartisan legislation 417-7 to reauthorize TRIA with taxpayer protection reforms.  The only… Read more »