I also want to thank Ranking Member Waters and my fellow colleagues on the Financial Services Committee for holding this hearing to examine the Terrorism Risk Insurance Act of 2002, which we all know as TRIA.
Grimm acknowledges the importance of the hearing on TRIA.
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Isn't it true that all of these things, these excesses, the mismanagement and the over budget, are major factors to raising tolls also?
It shouldn't be temporary. It should be permanent. It is a program that works; it works well.
It ensures that regulators do not attempt to exercise authorities that they were not granted by Congress in ways that would harm the economy.
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