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Policyholder Protection Act (H.R. 1478)

| Posted in Legislation

The Policyholder Protection Act, introduced by Congressman Posey and signed into law last December, will ensure that your personal insurance policies are not raided in order to bail out banks affiliated with your insurance company. This legislation will “wall off” insurance assets set aside to pay the claims of policyholders from the risky practices of an insurer’s affiliated financial…

House Passes Posey/Sherman Bipartisan Bill to Protect Insurance Policyholders from Being Forced to Bail-Out Financial Firms

| Posted in Press Releases

Last night the House of Representatives passed the Policyholder Protection Act (H.R. 1478), bipartisan legislation introduced by Rep. Bill Posey (R-FL) and Rep. Brad Sherman (D-CA) to ensure that your personal insurance policies won’t be raided in order to prop-up failing financial institutions. The House Financial Services Committee voted unanimously to approve the legislation on…

Legislation Takes Steps to Protect Taxpayers and Restore Trust in the IRS

| Posted in Press Releases

With the support of Congressman Bill Posey (R-Rockledge), the U.S. House of Representatives passed several pieces of legislation to strengthen taxpayer protections and bring about a fairer, more accountable and transparent Internal Revenue Service (IRS). For several years the IRS has been plagued by scandal over the illegal targeting of conservative groups, its lack of transparency and…

Bipartisan, Bicameral Legislation Introduced to Protect Insurance Policy Holders from Being Forced to Bailout Financial Firms

| Posted in Press Releases

U.S. Representatives Bill Posey (R-FL) and Brad Sherman (D-CA) joined with U.S. Senators David Vitter (R-LA) and Jon Tester (D-MT) introduced the Policyholder Protection Act (H.R. 1478, S. 798), bipartisan legislation to ensure that your personal insurance policies won’t be raided to prop-up failing financial institutions. “It’s simply wrong to force average middle-class families to…

House Passes Legislation to Help America’s Small Businesses Compete

| Posted in Press Releases

To help create a more competitive economic environment Congressman Bill Posey (R-Rockledge) supported The Small Business Regulatory Flexibility and Improvements Act (H.R. 527) which passed the U.S. House of Representatives today with bipartisan support. The legislation makes important reforms to ensure that America’s small businesses and their employees have a louder voice in the federal…

House Passes Legislation to Strengthen Human Trafficking Laws

| Posted in Press Releases

With the support of Congressman Bill Posey (R-Rockledge) the U.S. House of Representatives passed several measures with strong bipartisan support to strengthen our human trafficking laws, train our law enforcement to better target criminals and bring justice to the victims of human trafficking crimes. “Human Trafficking is a modern form of slavery which enables huge profits for…

Posey: Omnibus Bill Product of Broken Budget Process

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) released the following statement concerning today’s vote on H.R. 83, the Consolidated and Further Continuing Appropriations Act, 2015: “Washington needs to get serious real fast about fixing our broken budget process,” said Congressman Posey. “Last week our national debt climbed past $18 trillion dollars, a major milestone that went virtually…

Posey Requests GAO Review the AAF Loan Application Over Any Potential Risk to Taxpayers

| Posted in Press Releases

Congressman Bill Posey (R-Rockledge) has written to the Comptroller General of the United States requesting that the Government Accountability Office (GAO) initiate its own viability study of the All Aboard Florida high speed rail project. Below is the text of his letter: It is my understanding that the Federal Railroad Administration (FRA) – an operating entity of the U.S.…

Financial Services Subcommittee Holds Hearing on Posey Legislation to Protect Auto, Home and Life Insurance Policyholders

| Posted in Press Releases

The House Financial Services Subcommittee on Housing and Insurance held a hearing today which focused discussion on bipartisan legislation (H.R. 605, H.R. 4557) introduced by Congressman Bill Posey (R-Rockledge) to protect insurance policyholders by eliminating provisions buried deep in the Dodd-Frank financial reform law that essentially permits the federal government to force your…

House Passes Legislation to Combat Human Trafficking

| Posted in Press Releases

This evening the U.S. House of Representatives passed legislation supported by Congressman Bill Posey (R-Rockledge) to help combat human trafficking and exploitation. “Human trafficking is stunning not only in the size of the problem, but it is staggering in its inhumanity,” said Congressman Posey. “Both here and abroad, victims are enslaved in homes as domestic servants. Others are…

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