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
This Week In Congress: TRIA, Continuing Resolution
WASHINGTON (9/24/13)--The Senate Banking Committee has scheduled a hearing on "Reauthorizing TRIA (Terrorism Risk Insurance Act): The State of the Terrorism Risk Insurance Market" for Wednesday at 10 a.m. (ET).
 
TRIA, which requires property and casualty insurers to offer coverage for foreign acts of terrorism on U.S. soil and provides a federal backstop for that coverage, is scheduled to expire at the end of 2014. The Senate panel hearing follows one last week by the House Financial Services Committee on the same topic. 
 
The Credit Union National Association also will be following these other committee sessions this week:
  • A Senate Budget Committee hearing on "The Impact of Political Uncertainty on Jobs and the Economy"  today;
  • A Senate subcommittee on national security and international trade and finance hearing on "Assessing the Investment Climate and Improving Market Access in Financial Services in India" on Wednesday; and
  • A House Budget Committee hearing on "The Congressional Budget Office's (CBO) Long-Term Budget Outlook" Thursday.
Of course the scheduled committee actions occur to a back drop of debate on a continuing resolution to fund government agencies in lieu of a formal appropriations bill. A continuing resolution must be enacted before Oct. 1 to avoid a shutdown of the federal government.


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
5 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
6 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
8 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
10 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
11 hours ago