Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
House votes yes to flood insurance extension
WASHINGTON (7/31/09)—The House agreed by voice vote to extend the National Flood Insurance Program (NFIP) through March 31, 2010. The program was set to expire on Sept. 30. The House bill (H.R. 3139), introduced earlier this month by Reps. Maxine Waters (D-Calif.) and Barney Frank (D-Mass.), also would give permanent authority to the director of the Federal Emergency Management Agency (FEMA) to provide assistance to any state or community. That power was first granted on a temporary basis. Waters is chairwoman of the House Financial Services subcommittee on housing and Frank is chairman of the parent committee. Frank and Waters have said they also plan to engage the Obama administration and FEMA officials in a reform process, to update the flood insurance program that was created in 1968. Currently, the NFIP provides over one trillion dollars of flood insurance to more than five and a half million American homes and businesses.


RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
6 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 hour ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
2 hours ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
3 hours ago