Under the Terrorism Risk Insurance Reauthorization Act of 2015, who must the Secretary of the Treasury consult before certifying an act of terrorism?

The correct answer is that the Secretary of the Treasury must consult with the Secretary of Homeland Security before certifying an act of terrorism under the Terrorism Risk Insurance Reauthorization Act of 2015. This requirement is rooted in the act's provisions which aim to provide a coordinated response to acts of terrorism. The Secretary of Homeland Security plays a vital role in assessing threats and coordinating federal response to such events, making their input essential when determining whether an incident qualifies as an act of terrorism under this legislation.

The collaboration between these two offices ensures that the certification process is based on comprehensive situational awareness and understanding of security implications. This collaboration helps to ensure that the determination aligns with national security interests, as the assessment of terrorism involves considerations that go beyond simple financial impact and delve into the safety and security of the public.