Catherine Cortez Masto actually said...

"OK. And so for that reason, and just what you said, can I have a commitment--obviously, at times it is hard when policyholders are filing claims and it takes time for them to go through that process--..."

"I appreciate that. And as part of your analysis, will you also be determining how many homeowners were not mapped into mandatory purchase areas and, therefore, may not be insured by the program?"

"I think we need to cut red tape and bureaucracy that delays the deployment of this, lift regulatory burdens that prevent investment."

"So limited to no authority right now to engage in that space?"