I think one of the things about Dubai, if you look at who agreed and who did not, the countries that have benefited from...
If we are really concerned about human rights, human rights violations, information is powerful.
But you are making a very concerted effort to make sure that we go into the next round and try and roll this thing back.
I, too, hear constantly from my community banks what impact this potential rule will have on them.
When you bring in the concept of affordability, you are basically subsidizing the risk, and you are incentivizing people...
I truly appreciate the fact that you really are looking at the Flood Insurance Program and working through those very di...
OK.
I hope you think we have been pretty kind and gentle on you. I think these are some pretty legitimate questions.
And I guess that is somewhat the problem there, isn't it?
Half a trillion. Sorry, sir.
As the NFIP was reauthorized, there is no affordability.
Just from premiums.
The bottom line is I think the solution here is reduce the complexity.
Do you have any estimates so far of how much of the cost of the disaster is going to be borne by private insurance versu...
Thank you, Mr. Chairman, and thank all of you for coming in and testifying.
The burden isn't getting lighter. It is getting heavier.
Clearly, they face a lot of challenges in this hyper-regulatory environment.
Many of us know that our small community banks or credit unions are the lifeblood of economic growth in our small commun...