Richard Shelby actually said...

It is my understanding that FEMA has created a new category of what you call grandfathered categories for homes that have been mapped into riskier areas.

Context

Shelby discusses FEMA's new grandfathered categories for flood insurance.

06/08/2011

https://www.congress.gov...

More Richard Shelby Quotes

An international regulatory regime, I believe, should not dictate how U.S. regulators supervise American or U.S.-based companies.
4/27/2015
It would be unfortunate, I believe, if the Fed uses the QIS process solely to buy time for international insurance capital standards.
4/27/2015
A long-term reauthorization bill will provide certainty and stability to communities and their citizens as well as business and industry.
4/22/2015
The President's fiscal year 2016 budget request for RDT&E is $69.6 billion, $6.1 billion over fiscal year 2015 enacted.
4/21/2015

View All Richard Shelby Quotes