VELAZQUEZ INTRODUCES DISASTER RESILIENCE PACKAGE TO PROTECT PUERTO RICO AND NEW YORK AS HURRICANE SEASON INTENSIFIES
The following information was released by the office of New York Rep.
As hurricane season intensifies and communities in
"The climate crisis has increased the frequency and severity of natural disasters that ruin lives and devastate our communities," said
The legislative package includes:
Strengthening Capacity for Disaster Resilient Territories Act Requires the
Data Improvement for Puerto Rico Recovery Act The legislation would require federal agencies providing recovery grants for
Flood Insurance Tax Credit Act of 2025 Creates a refundable tax credit covering 33% of flood insurance premiums for families under the National Flood Insurance Program (NFIP), making coverage more affordable for working households.
National Flood Insurance Program Administrative Reform Act of 2025 Strengthens oversight, transparency, and fairness within the NFIP by giving homeowners the option for enhanced coverage, cracking down on fraud, requiring faster claim decisions, and improving communication with policyholders.
AirFAIR Act Protects consumers from airline price-gouging during declared disasters by capping fare increases at 30% and granting the
"Whether it's families in



Federal Reserve chairman warns: ‘No risk-free path’ amid cooling job market, inflation
PERSPECTIVES ON THE ECONOMY: A CONVERSATION WITH BOSTON FED PRESIDENT SUSAN M. COLLINS
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