There is no doubt that the failure that we are looking at for the bank execs is inexcusable.

I do not see anyone--from the bank executives to the regulators to the Biden administration--taking meaningful accountability for their actions that played a role in the recent bank failures.

My concern is that when you look at the National Flood Insurance Program, the one thing we have to say is that it hasn't worked the way that it was intended to.

I understand the real loss and impact that flooding has on our communities, because I have lived through them.

My concern is that when you look at the National Flood Insurance Program, the one thing we have to say is that it hasn't worked the way that it was intended to.

My legislation takes steps toward ending this cycle of flooding and rebuilding.

If the homes and the infrastructure built in these communities had the structural resilience to match the spiritual resilience of these residents, we wouldn't see the same kind of devastation that we do in the wake of major storms like…

I understand the real loss and impact that flooding has on our communities, because I have lived through them.

There are places in the country that are flooding that it was not historically a problem.

There are places in the country that are flooding that it was not historically a problem.

My legislation takes steps toward ending this cycle of flooding and rebuilding.

If the homes and the infrastructure built in these communities had the structural resilience to match the spiritual resilience of these residents, we wouldn't see the same kind of devastation that we do in the wake of major storms like…

If the homes and the infrastructure built in these communities had the structural resilience to match the spiritual resilience of these residents, we wouldn't see the same kind of devastation that we do in the wake of major storms like…

Thank you, Senator Kennedy, for your thoughtful approach on getting questions answered. That would not be fair.

We have to reexamine the theory of--in my perspective, Mr. Chairman--not just flood insurance, but catastrophic occurrences that are happening more and more across the country.

One of the areas where I think we could spend more time in disaster management is the area of prevention.

My concern is that when you look at the National Flood Insurance Program, the one thing we have to say is that it hasn't worked the way that it was intended to.

That's why I'm reintroducing my bipartisan legislation, the Repeatedly Flooded Communities Preparation Act.

There are places in the country that are flooding that it was not historically a problem.

I understand the real loss and impact that flooding has on our communities, because I have lived through them.

I think we are seeing that in part from the FHFA Director Thompson, who is departing from risk-based pricing on individual loans purchased by the GSEs.

Accessing credit, accessing the American Dream through home ownership is more realistic based on your creditworthiness.

If you are not including the rent payment, if you are not including beyond credit card payments, the utility payments, the phone bill, the mobile phone bills, there are other ways for us to make sure.

I have something called the Credit Access and Inclusion Act that allows for more information to be added to the system voluntarily.

the use of objective standards is so critically important, and I see this move across the country that somehow we are going to make the lives, specifically of minorities, better by eliminating objective standards in everything