This afternoon, the House took up HR 7128, the TRIA Program Reauthorization Act of 2026, under the suspension of the rules process. After 18 minutes of debate, the bill was passed by a bipartisan vote of 373 to 15; all of the No votes came from Republicans. The bill would reauthorize the Terrorism Risk Insurance Act (TRIA) program through 2034 and make changes to program’s certification process. No new funding is authorized.
The bill is unlikely to be considered by the Senate under regular order. I would expect limited Republican opposition to any move to consider the bill under the unanimous consent process, but a single voice rising in opposition kills that process. I would not be surprised to see similar language added to the financial services spending bill.
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