House Financial Services Chair on Flood Reform: ‘I Hope.’

The House Financial Services Committee chairman says he's hopeful about Biggert-Waters reform.<br />

In response to being asked whether Lousiana homeowners can get some relief from flood insurance hikes, House Financial Services Committee Chairman Jeb Hensarling, R-Texas, said, “I hope.”

As unclear as that answer might seem, it signals that some House Republicans are ready for compromise on Biggert-Waters on the eve of a closed-door meeting regarding flood insurance with key House Republicans as reported by NOLA.com’s Bruce Alpert.

Read the full NOLA article here.

About the Author

Tim Regan

Tim Regan is assistant editor of REMODELING and PROSALES.

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