WASHINGTON, D.C. – Following the passage of the Terrorism Risk Insurance Act (TRIA), U.S. Senator Sherrod Brown (D-OH) released the following statement:
“I am pleased that Congress will finally be sending legislation to the President that will renew the Terrorism Risk Insurance Program. We could have done this last summer, after the Senate passed its version of the legislation overwhelmingly and before the program expired. Unfortunately, our colleagues in the House waited until the last minute to act and we were forced to finish the work this year.
“With the threats facing our nation, it is urgent that we take action. I take Majority Leader McConnell at his word that future legislative efforts will be given the attention they deserve with hearings, debate, and the opportunity for amendments in committees and on the floor.”