Jim Bunning: “Mr. Chairman, Ranking Member Bunning, and other Members of the Committee, I thank you for the opportunity to testify…”

Well, sure, because the bank has to inherit that decreased value.

How would you grade the bill the Senate passed in the last Congress and the bill that recently passed the House in terms of improving the relationships between the premium property owners pay and their actual risk?

Ask the people in Texas and Louisiana.

I am frustrated, and I know my colleague, Senator Schumer, is frustrated. We are trying to act in the best interest of our workers and the United States of America.