By setting the investors' best interest as the overarching standard of conduct, Reg BI ensures that customers will not only have unfettered access and choices, but they will be pro...
Regulation Best Interest is a simple concept that addresses a very complex problem.
I am convinced that there is no better issue to start our subcommittee's work than a discussion of policies to detect an...
What worked in the Lyndon Johnson era doesn't really work in 2019.
I thank Chairwoman Waters for holding today's hearing on the National Flood Insurance Program.
There is a great need for pragmatic changes.
I want to talk about data. Because we have within counties, we have within parts of our government precise data.
Simply forgiving a debt NFIP holds is equally irresponsible and does not solve the root causes of the NFIP's insolvency.
This provision will give policyholders the freedom to choose the best flood policy insurance option for themselves.
So tell me what that should be, then? As a policymaker, what should I be driving for?
The future solvency of NFIP needs to be addressed in any legislation this committee considers.