Despite post-Hurricane Harvey promise, Trump has not replaced flood building standards
“It does not appear to be a priority,” Ray Lehmann, director of finance, insurance, and trade policy at the R Street Institute, a free market think tank, told the Washington Examiner. “The current status is it isn’t really anywhere at the moment.”
But analysts say Trump’s buy-in is crucial, and they still hope to convince him that accounting for future flood risk is smart policy, regardless of what causes worsening weather events.
“If you are providing incentives to build in places that are risky, that is something anybody committed to the free market has to be concerned about,” Lehmann said.