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
Better economic & #CU conditions,leading to higher rates in '15,'16, will boost CU earnings, asset quality,capital http://t.co/rmJvi3MIpQ
4 hours ago
RT @CUNA: Today is the first day of #CUYouthMonth How is your #creditunion celebrating?
8 hours ago
New @FICO score metric expected this week, will include utility payments http://t.co/l0hGhilMqQ
9 hours ago
.@TheNCUA increased supplier diversity in 2014 by 49%, although NCUA’s workforce diversity levels declined slightly.
9 hours ago
Also from FFIEC today, council announces reappointments of Mary Hughes and Lauren Kingry to its State Liaison Committee. 2of2
9 hours ago