Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Frank wants short-term Flood Insurance extender
WASHINGTON (9/19/08)--House Financial Services Committee Chairman Barney Frank (D-Mass.) introduced legislation Thursday for a seven-month extension of the National Flood Insurance Program (NFIP). The NFIP is set to expire on Sept. 30 and the proposed extension would give House and Senate negotiators time to complete work on a permanent extension and to assess the implications of the 2008 hurricane season, Frank said in an announcement. “I am disappointed that a permanent solution is not before us, but we can and should extend the program while we work on that final bill,” Frank said. The House passed a bill in 2007, the Flood Insurance Reform and Modernization Act, which would reauthorize the NFIP, which was established after Hurrican Katrina, for five years.


RSS print
News Now LiveWire
3 Atlanta fed judges recuse themselves from Home Depot data breach suits via @AtlBizChron http://t.co/lfPgOXZ7sO
9 hours ago
How may falling gas prices impact the U.S. economy? Find out tomorrow in #NewsNow #Market http://t.co/Q9ec9DGLDN
10 hours ago
News of the comp. for tomorrow: Big bank unveils plans for massive $6.5 billion new headquarters #NewsNow #Market
11 hours ago
Consumer confidence surges to 7-year high #NewsNow #Market http://t.co/fMEENGuWPi
12 hours ago
Charlotte Cash, CEO of @COFCU , is engaging members by producing videos on various subject of financial interest to members.
13 hours ago