Jack Reed actually said...

I think one of the aspects of this crisis was the huge cost to taxpayers which may have been mitigated or avoided with better regulation.

One of the issues we all seem to focus on is the flood mapping, which I would like to probe a bit further.

I helped contribute to that along with many of my colleagues here in terms of the 2008 legislation.

I want to thank you, first of all, for your assistance last year for the floods in Rhode Island.