I would just point out again, all this bill does is extend for 6 months the current policies of the NFIP. Not one single policy of the NFIP is changed in this bill. Mr. Speaker, I yield such time as he may consume to the gentleman from Louisiana (Mr. Scalise), the distinguished majority whip.
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Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
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