CUNA will be engaged with a number of Congressional activities this week, including House consideration of a bill extending the National Flood Insurance Program and testimony from NCUA Chairman Rodney Hood. The House is expected to consider the National Flood Insurance Program Extension Act of 2019 (H.R. 2578).
The bill would extend the authority of the NFIP from May 31 to Sept. 30. Credit unions have a vested interest in the stability of the NFIP, and CUNA supports a long-term solution from Congress that would enhance its affordability and sustainability.
Hood is expected to testify before the Senate Banking Committee Wednesday at 9:30 a.m. (ET) as part of a panel of federal financial regulators.
Other hearings CUNA is engaged with this week include: