Do you believe action should be taken to require the disclosure of beneficial ownership information upon incorporation?

I commend the good work of the task force, work that they have done during the past year under the leadership of Ranking Member Lynch, Chairman Fitzpatrick, and Vice Chairman Pittenger.

I really do commend them for the attempts that they have made to try and have this a bipartisan issue.

Let me apologize to everybody for Biggert-Waters. I am the 'Waters' of Biggert-Waters.

I want you to know that I am very interested in whether or not we can have a private/public operation that will do the best job for our constituents.

Together, we worked tirelessly to enact reform that provided much needed rate relief for thousands of homeowners.

Short-term extensions cause lapses in the program that place communities at risk and undermine our housing market.

Our goal was to create a bipartisan solution to repair our ailing Flood Insurance Program.

I believe that it is absolutely critical that we start thinking about the program and how we can improve it for the long term.

Unfortunately, many of my colleagues on the other side of the aisle seem to have caught a convenient case of amnesia about this important mandate.

Indeed, it was only 7 short years ago that our economy lost nearly $16 trillion in household wealth.