U.S. House Committee on Financial Services Chairman French Hill issued a statement following the U.S. House of Representatives’ passage of a short-term continuing resolution that includes extensions of the Defense Production Act (DPA) and the National Flood Insurance Program (NFIP). Hill highlighted the extensions as maintaining access to flood insurance for at-risk property owners and enabling the federal government to accelerate production of necessary supplies in a crisis, and said he will work on extending the DPA and examining ways to improve and strengthen the NFIP.
U.S. Financial Services Committee 2025-09-19
U.S. House Financial Services Committee Chairman French Hill welcomes House passage of a continuing resolution extending the Defense Production Act and National Flood Insurance Program
The U.S. House of Representatives passed a short-term continuing resolution extending the Defense Production Act and the National Flood Insurance Program. U.S. House Committee on Financial Services Chairman French Hill emphasized the importance of these extensions for maintaining flood insurance access and crisis supply production. Hill plans to work on further extending the DPA and enhancing the NFIP.