As part of the short-term deal to fund the government until mid-January, Congress has extended authorization for the National Flood Insurance Program until Jan. 19, 2018. ABA will continue to work with Congress to advance a long-term NFIP reauthorization to be included with an expected omnibus budget bill in January or passed as standalone legislation. As part of a long term reauthorization, ABA will continue to advocate for important program reforms to increase the availability and affordability of coverage for all at-risk properties. For more information, contact ABA’s Joe Pigg.
ABA urges lawmakers to take up Dodd-Frank reform
ABA shared several possible reforms for the Dodd-Frank Act as the law approaches the 15th anniversary of its enactment, saying changes are needed to mitigate its burdens on banks of all sizes.