This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Federal Signal Urges House Of Representatives Committee To Support FEMA Reauthorization, Localize Emergency Management Decisions

UNIVERSITY PARK, Ill., Oct. 17, 2011 /PRNewswire/ -- During a U.S. House of Representatives oversight hearing last week, Federal Signal Corporation Industrial Systems Division, Safety & Security Group President Joe Wilson informed federal lawmakers about how taxpayer revenue can be better leveraged to improve our nation's disaster preparedness.

The hearing, Streamlining Emergency Management: Improving Preparedness, Response, and Cutting Costs, was held in response to recently introduced federal legislation ( H.R. 2903 and H.R. 2904) to help set the stage for congress to reauthorize the Federal Emergency Management Agency (FEMA) and two of its expiring programs through fiscal year 2013, and establish a clear framework for the modernization of FEMA's public alerts and warning systems.

"The most effective strategies for tomorrow's emergency communications and mass notification systems will reflect the views of planners and decision makers on a local level," Wilson explained during his testimony before the Subcommittee on Economic Development, Public Buildings and Emergency Management. "National, or even state priorities, are not always in sync with the demands of local communities. For that reason, decisions about how local communities utilize national grant dollars should be made at the local level."

Speaking prior to the hearing, Subcommittee Chairman U.S. Rep. Jeff Denham (R-CA) said, "I introduced this legislation to streamline and improve our recovery process. At this hearing, we will hear from our witnesses about ways that Congress can assist FEMA and the nation to better prepare for, respond to, and recover from disasters."

"It's during these times of economic challenge when local communities rely most upon FEMA to acquire public warning and notification systems," Wilson said. "It is critical that warning systems continue to be among the priority needs for which grant dollars can be spent."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 0.00%
FB $117.81 0.00%
GOOG $701.43 0.00%
TSLA $211.53 0.00%
YHOO $36.94 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs