Tag Archives: Terrorism Risk Insurance Act

Countering Extremism Summit Announced (18 February) in the Aftermath of Terrorist Attacks in France; President Obama to Host U.K. Prime Minister Cameron

Charlie Hebdo Terrorist Attack After the horrific terrorist attack last Wednesday on the offices of Charlie Hebdo magazine in Paris, President Barack Obama spoke with French President François Hollande, expressing condolences for the loss of twelve civilian lives and solidarity with France. Countering Extremism On Sunday, the White House announced it will host a Summit … Continue Reading

Senate Passes Terrorism Risk Insurance Act Reauthorization; Treasury Department Encourages Cybersecurity Efforts in Financial Sector

Legislative Branch Activity Terrorism Risk Insurance Act Reauthorization Last week, the Senate passed the Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244) by a 93-4 vote. The bill would extend the Terrorism Risk Insurance Act (TRIA), which expires at the end of this year, for an additional seven years. The Senate bill would … Continue Reading

Reid Files Motion to Proceed on Terrorism Risk Insurance Bill; Obama Requests Additional Funds for Unaccompanied Minor Immigrants

Legistlative Activity Reid Files Motion to Proceed on Terrorism Risk Insurance Bill On July 9, Senate Majority Leader Harry Reid (D-NV) filed a motion to proceed to the Terrorism Risk Insurance Program Reauthorization Act (S. 2244). This bill, introduced by Sen. Chuck Schumer (D-NY), would extend the Terrorism Risk Insurance Act (TRIA) to December 31, … Continue Reading

Senate Marks Up TRIA Reauthorization Bill & CFTC to Hold TAC Meeting

Legislative Activity Senate Banking Committee to Markup TRIA Reauthorization Bill On Tuesday, June 3, the Senate Banking Committee will hold a markup of the Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244). The bill, which was introduced by Senator Charles Schumer (D-NY), has bipartisan support and would: (1) extend the current Terrorism Risk Insurance … Continue Reading

TRIA Gets Congress’ Attention; FACI Holds Open Meeting

Legislative Activity Terrorism Risk Insurance Reauthorization Gets Congress’ Attention Last week the House Financial Services Committee addressed the issue of reauthorization of the Terrorism Risk Insurance Act (TRIA), with committee Chairman Jeb Hensarling (R-TX) stating he felt “skeptical” about the need for reauthorization. This week, the Senate Banking Committee will address the issue with a … Continue Reading
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