Randy Neugebauer: “The GA reported to Congress that 20 different Federal Government entities administer 160 different programs on housing…”

one of the reasons that government is not good at pricing risk is because sometimes instead of pricing it actuarially or based on a risk model, it is priced politically.

ICBA supports legislation introduced by Reps. Randy Neugebauer (R-TX) and John Carney (D-DE), the Data Security Act (H.R. 2205), that would apply Gramm-Leach-Bliley Act-like data security standards for all industries that handle sensitive…

Congress intended that position limits target those who engage in 'excessive speculation,' while leaving hedgers to their task of reducing risk in their businesses.

I think it is quite clear that this proposal goes far beyond anything EPA is authorized to do under the Clean Air Act, and I just think that is troubling that a regulatory agency would essentially ignore what Congress has given it…