Senate Banking Committee Chairman Tim Johnson (D-SD) yesterday released the panel’s agenda for the 113th Congress. The reauthorization of the Terrorism Risk Insurance Act (TRIA) is the only mention for the insurance industry.
According to Chairman Johnson, the committee will focus on supporting the economic recovery, overseeing implementation of the Dodd-Frank Act, stabilizing the housing market, and building a consensus on housing finance’s future.
In addition to TRIA, the Committee also will focus on reauthorizing and improving expiring programs including the Defense Production Act, Export-Import Bank, public transportation, and Native American housing, as well as promoting access to capital in rural areas and expeditious consideration of Presidential nominees.
Learn more from Chairman Johnson.
Learn more about TRIA reauthorization.