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Report Video IssueUser Clip: Fed Chair Powell Admits Climate Change 'Significant' Problem For Home Insurance
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by Brad Johnson
March 13, 2024 2024-03-07T15:55:15-05:00https://images.c-span.org/Files/95d/001/1709844965_001.jpgUnder questioning from Sen. Laphonza Butler, Jay Powell admits that insurance companies are withdrawing from coastal areas. "Ten years from now, how are you going to get housing insurance? Maybe the government will have to step in, but it's a significant issue."
by Brad Johnson
March 13, 2024 2024-03-07T15:55:15-05:00https://images.c-span.org/Files/95d/001/1709844965_001.jpgUnder questioning from Sen. Laphonza Butler, Jay Powell admits that insurance companies are withdrawing from coastal areas. "Ten years from now, how are you going to get housing insurance? Maybe the government will have to step in, but it's a significant issue."
Under questioning from Sen. Laphonza Butler, Jay Powell admits that insurance companies are withdrawing from coastal areas. "Ten years from … read more
Under questioning from Sen. Laphonza Butler, Jay Powell admits that insurance companies are withdrawing from coastal areas. "Ten years from now, how are you going to get housing insurance? Maybe the government will have to step in, but it's a significant issue." close
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