Trump task force recommends sweeping changes to FEMA — but not eliminating it
"Federal assistance should only be reserved for truly significant events that exceed state, local, tribal, territorial capacity and capability," said
The council was charged to look deeply into how FEMA operates and make recommendations to Trump for improvements.
In its draft report, forwarded to Trump without objection, recommendations include establishing a common criteria to evaluate needs in advance rather than to assess damages after the storm, he said.
Grants for construction on things like homes and levees, designed to lessen the extent of damage, take about 27 months of application and review before local governments can receive federal funding, said
That usually is after rebuilding from a disaster is well underway.
"Our recommendation here in the council is to really turn this program over to the state and let the state manage this program by providing the resources and an architecture that will ensure that priorities are naturally aligned and that some of the complexities of the environmental review and some of the other reviews are done locally," Fenton said.
For individual assistance, the council recommends consolidating the various programs into a less complex, direct payment package that would include more focus on emergency housing.
Another of the recommendations forwarded to Trump is to transfer much of the National Flood Insurance Program from federal oversight to private insurers, which would lower taxpayer costs and give state regulators more power. Nearly a half-million
"We would recommend launching a takeout program where we transfer those federal policies to the private sector," Fenton said. "We need to incentivize states and communities to adopt better land use policies, where they build and how they build can't be in risk areas."
Five percent of the insured properties account for almost 40% of the program's payouts. Flood insurance is more than
Panelists doubled down on Risk Rating 2.0, which raised flood insurance premiums for many in
Fenton said perhaps some accommodation could be added to buy out frequently flooded properties.
"We sought the input from everyone. It wasn't based on red states, blue states," said
"We felt like it was very important to hear from everyone, which is what we did, whether it be emergency managers, governors, citizens, private sector nonprofit, faith-based organizations," Cooper said.
Trump appointed the committee after criticizing
The


Chinese Yuan to Dollar Exchange Rate: Latest CNY/USD Trends and Currency Analysis
Hedge funds hit their highest level since 2020
Advisor News
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
More Annuity NewsHealth/Employee Benefits News
- Atrium’s WakeMed acquisition faces new hurdle after State Health Plan decision
- Fewer members, more profit: UnitedHealth shares surge on Q2 earnings beat
- ARE SURVIVAL RATES FOR ADULTS WITH CONGENITAL HEART DISEASE LINKED TO SPECIALIZED CARDIAC CARE ACCESS?
- THIRTY-TWO YEARS, ZERO RESULTS: NRSC CHARGES SHERROD BROWN SOLD OUT TO BIG INSURANCE
- Employers weigh retention, costs in developing benefits strategies
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
- Trust, technology and the future of claims
- New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
- AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News