On the recordMarch 12, 2019
Simply forgiving a debt NFIP holds is equally irresponsible and does not solve the root causes of the NFIP's insolvency.
Source
congress.govSimply forgiving a debt NFIP holds is equally irresponsible and does not solve the root causes of the NFIP's insolvency.
Critiquing the idea of forgiving NFIP's debt without addressing underlying issues.
Share & report
More from Pat McHenry
under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.
FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.
Housing affordability is clearly one, and that is a running theme from all three of the Members testifying today.