Senate Banking Committee Passes TRIA Reauthorization
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Today, the
"I am pleased today that the Banking Committee unanimously supported this important bipartisan bill," said Johnson. "This seven year extension of TRIA will continue to help promote economic growth and provide certainty for commercial property development and job creation across the country while protecting the taxpayer. With such a substantial bipartisan vote out of the Banking Committee, I thank my colleagues on both sides of the aisle and plan to continue working with them to move the bill through the
"The Banking Committee worked to develop a program that will help limit the economic damage of any future terrorist attack, make our economy more resilient, and increase taxpayer protection," said Ranking Member Crapo. "I thank the Chairman and co-sponsors of this bill for developing a balanced extension to the program."
In the aftermath of the tragic
The Banking Committee has held two hearings on the importance of TRIA reauthorization, and S. 2244 was introduced by Senators Schumer (D-NY), Kirk (R-IL), Reed (D-RI), Heller (
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