Political Quotes

“I rise in strong support of language included in the committee report on H.R. 3666, the fiscal year 1997 VA- HUD appropriations bill, concerning activities within the U.S. Department of Housing and Urban Development to move toward Federal regulation of the property insurance industry. I strongly oppose any effort to weaken or delete this report language and urge the Appropriations Committee to keep this language during negotiations with the Senate. HUD has undertaken several activities to involve the Federal Government in the so-called issue of redlining, including investigations of insurance companies and providing funds to liberal special interest groups to prepare studies, which I believe are highly questionable, concerning redlining. HUD has no statutory authority to be involved in this area, and under the McCarran/Ferguson Act regulation of insurance is the responsibility of the States. Furthermore, the Fair Housing Act never mentions discrimination in property insurance and does not give HUD the authority to get involved in this area.”