DeLay Commends Treasury Dept. on TRIA Report; House Will Review Treasury's Recommendations
U.S. Newswire, June, 2005
WASHINGTON, June 30 /U.S. Newswire/ -- House Majority Leader Tom DeLay (R-Texas) today commended the Treasury Department for completing its review of the Terrorism Risk Insurance Act (TRIA) and submitting its recommendation that TRIA not be extended in its current form. The Treasury Department's report states that extending TRIA will have little impact on the economy and may hinder the development of the post 9/11 insurance market.
"As Congress begins its debate on the future of terrorism insurance, it's imperative that we remember TRIA was intended to be a temporary program. Any solution must depend on the ingenuity of the private insurance markets and not the involvement of the federal government as a re-insurer or permanent backstop," DeLay said. "I'm confident that...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
