Thad Cochran has been an outstanding advocate for Mississippi bankers and the many community banks our state relies on. Time after time, he has been there for us.
Last year, when Federal regulators were attempting to overreach their influence on rules that would have costs millions to Mississippi’s banks, Senator Cochran answered his constituents’ calls and within hours was in touch with agencies which allowed private banking and regulators to begin working to find a reasonable resolution.
This year, He effectively worked with both parties and both houses of Congress to pass the Homeowner Flood Insurance Relief Act of 2014 into law. This law protects Mississippi businesses and families from skyrocketing flood insurance premiums until Congress is provided assurances that floods mapping methodologies are accurate and affordability is accounted for prior to adjusting flood insurance rates.
Senator Cochran knows the importance of investing in communities and knows that Mississippi’s banks help our citizens grow their businesses, support their families, and make our communities flourish.