The House Is Not In Session
House Session - March 6, 2018

The House met for Morning Hour. Members also passed H.R. 4607, which requires bank regulators to review and identify outdated regulations every seven years, as well as several bills under suspension of the rules, including one to reauthorize the FCC.

Speakers:
Time
Action
  • 10:00:16 AM

    The Speaker designated the Honorable Gregg Harper to act as Speaker pro tempore for today.

    • 10:00:20 AM

      GUEST

      VIEWERS LIVE TO THE HOUSE OF

    • 10:00:22 AM

      HOST

      VIEWERS LIVE TO THE HOUSE OF REPRESENTATIVES FOR COVERAGE ON C-SPAN. OF…

      VIEWERS LIVE TO THE HOUSE OF REPRESENTATIVES FOR COVERAGE ON C-SPAN. OF THE HOUSE OF REPRESENTATIVES.

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  • 10:00:37 AM

    MORNING-HOUR DEBATE

    The House proceeded with Morning-Hour Debate. At the conclusion of Morning-Hour, the House will recess until 12:00 p.m. for the start of legislative business.

    • 10:00:38 AM

      TEMPORE PURSUANT

      PURSUANT TO THE ORDER OF THE HOUSE OF JANUARY 8, 2018, THE CHAIR WILL NOW…

      PURSUANT TO THE ORDER OF THE HOUSE OF JANUARY 8, 2018, THE CHAIR WILL NOW RECOGNIZE MEMBERS FROM LISTS SUBMITTED BY THE MAJORITY AND MINORITY LEADERS FOR MORNING HOUR DEBATE. THE CHAIR WILL ALTERNATE RECOGNITION BETWEEN THE PARTIES. ALL TIME SHALL BE EQUALLY ALLOCATED BETWEEN THE PARTIES AND IN NO EVENT SHALL DEBATE CONTINUE PAST 11:50 A.M. EACH MEMBER OTHER THAN THE MAJORITY AND MINORITY LEADERS AND THE MAJORITY WHIP SHALL BE LIMITED TO FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. GUTIERREZ, FOR FIVE MINUTES.

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    • 10:01:11 AM

      MR. GUTIERREZ

      YESTERDAY WAS THE DEADLINE FOR THE U.S. CONGRESS TO SECURE THE FUTURES OF…

      YESTERDAY WAS THE DEADLINE FOR THE U.S. CONGRESS TO SECURE THE FUTURES OF HUNDREDS OF THOUSANDS OF DREAMERS. OUR CONSTITUENTS WHO GREW UP IN THE UNITED STATES, HAVE BEEN HERE AT LEAST 10 YEARS BUT DO NOT HAVE PERMANENT LEGAL STATUS AND ARE THEREBY DEPORTABLE, VULNERABLE, EXPLOITABLE. THE CYNICS ARE RIGHT AND CONGRESS HAS TAKEN NO ACTION. THERE HAVE BEEN A FEW ATTEMPTS BUT THE REALITY IS CONGRESS HAS NOT PASSED A BILL AND THE OPPORTUNITY TO PASS A BILL IS DWINDLING. HOW IS IT WE ALWAYS END UP HERE WHEN IT COMES TO IMMIGRATION? WELL, IT IS BOTH A FAILURE OF BOTH PARTIES TO ACT, TO COMPROMISE, TO LEGISLATE. BUT LET'S BE HONEST, THE PRESIDENT DOESN'T WANT THESE IMMIGRANTS IN THIS COUNTRY AND REPUBLICANS IN CONGRESS ONLY WANT TO DO WHAT THE PRESIDENT WANTS THEM TO DO BECAUSE THEY FEAR HIS TWEETS AND THE EFFECT THEY MIGHT HAVE ON THEIR VOTERS IN NOVEMBER. OH, THE PRESIDENT SAID HE LOVED DREAMERS. REMEMBER? HE WANTED TO PRESERVE DACA, TO TREAT THEM WITH HEART. HE SAID HE WANTED TO GIVE A PATHWAY TO CITIZENSHIP FOR DREAMERS, AND HE TOLD A GROUP OF LAWMAKERS ON NATIONAL TELEVISION HE WOULD TAKE THE POLITICAL HEAT AND SIGN WHATEVER BIPARTISAN APPROACH THEY WERE ABLE TO COME UP WITH. BUT HE WAS LYING AGAIN. JUST LIKE HIS CONVERSATION WITH LAWMAKERS ON GUNS AFTER THE MASSACRE IN FLORIDA. ALSO WITH THE TELEVISION CAMERAS ROLLING. WHAT THE PRESIDENT SAYS IN PUBLIC, WHAT HE DOES BEHIND CLOSED DOORS, WHAT HE TWEETS AND WHAT HE THINKS FROM MOMENT TO MOMENT DO NOT SEEM TO BE CONNECTED IN ANY LOGICAL WAY. AND WHEN THE CAMERAS ARE TURNED OFF, THE RADICAL RIGHT-WING WHISPERS THEIR ORDERS IN THE PRESIDENT'S EAR AND HE FALLS RIGHT IN LINE. WHETHER IT'S WITH GUN MANUFACTURERS OR THE ANTI-IMMIGRANT NATIVISTS. AND WHEN YOU CANNOT TRUST THE PRESIDENT TO HAVE A STABLE OPINION FOR MORE THAN TWO, MAYBE THREE HOURS, IT MAKES IT HARD FOR REPUBLICANS TO FIGURE OUT WHAT WILL PLEASE HIM AND MAKE HIM HAPPY FROM MOMENT TO MOMENT. BIPARTISAN PROPOSALS THAT COULD HAVE PASSED THE HOUSE AND THE SENATE WERE BROUGHT TO HIM AND HE REJECTED THEM. SAYING HE WANTED TO ELIMINATE VARIOUS TYPES OF LEGAL IMMIGRATION, AVENUES USED BY PEOPLE, ESPECIALLY PEOPLE OF COLOR AND PEOPLE FROM THE DEVELOPING WORLD. AND WITHOUT THESE MASSIVE CUTS TO LEGAL IMMIGRATION, THE PRESIDENT JUST WASN'T INTERESTED. AND WE OFFERED HIM MONEY FOR HIS SILLY, MINDLESS, STUPID, DIM-WITTED, RACIST WALL BUT HE REJECTED THAT TOO. IN THE END IT'S NOT ABOUT DREAMERS, IT'S NOT ABOUT THE WALL, IT'S NOT ABOUT BORDER SECURITY. YOU KNOW WHAT IT'S ABOUT? A DEEPLY HELD CORE BELIEF OF THE PRESIDENT AND MANY OF HIS ADVISORS THAT JUST TOO MANY PEOPLE OF COLOR COMING LEGALLY TO THE UNITED STATES. THERE ARE TOO MANY FAMILY MEMBERS OF IMMIGRANTS UNLESS THOSE IMMIGRANTS ARE MEMBERS OF TRUMP'S OWN FAMILY. IT IS CLEAR THAT THE PRESIDENT DOESN'T WANT IMMIGRANTS WHO LOOK LIKE THE DIE VERSE AND COLORFUL FABRIC OF THE WORLD -- DIVERSE AND COLORFUL FABRIC OF THE WORLD AND HE DOESN'T WANT DREAMERS WHO WERE RAISED ALONGSIDE OF OUR CHILDREN WHO REFLECT THE DIVERSITY OF AMERICA. NOW, TO BE FAIR. SOME OF MY DEMOCRATIC COLLEAGUES ARE JUST AS HAPPY ABOUT THE INJUNCTIONS IN THE FEDERAL COURTS THAT ARE KEEPING THE TRUMP DEPORTATION MACHINE FROM FULLY ENGAGING AND GOING AFTER DREAMERS. LAWMAKERS, BOTH DEMOCRATS AND REPUBLICANS, DON'T NEED MUCH ENCOURAGEMENT SOMETIMES TO JUST KICK THE CAN DOWN THE ROAD. BUT LET'S NOT KID OURSELVES. WE -- RELYING ON THE COURTS TO SAVE DREAMERS ARE A COPOUT. AND A LOT OF PEOPLE ARE LEFT OUT IF THEY DON'T HAVE DACA. AND FOR THE ONES THAT CAN RENEW THEIR STATUS, WE MAY BE BACK HERE IN A FEW DAYS OR WEEK TRYING TO PREVENT THE DEPORTATION OF DREAMERS AND LOTS OF OTHER IMMIGRANTS IF THE COURTS CHANGE COURSE, WHICH THEY MAY. SO I WILL NOT LET MY COLLEAGUES IN EITHER PARTY REST. FOR NOW, EVERY PERSON WHO HAS DACA SHOULD RENEW THEIR DACA AS QUICKLY AS POSSIBLE FOR WHATEVER TIME THEY HAVE LEFT. I SAY, RUN, DON'T WALK, TO RENEW. I'VE BEEN HERE LONG ENOUGH TO KNOW THAT EVEN WHEN FACED WITH AN ISSUE ON WHICH 80% OF THE AMERICAN PEOPLE AGREE, WHETHER IT'S SENSIBLE GUN CONTROL OR PREVENTING THE DEPORTATION OF CHILDREN RAISED IN AMERICA, IT'S THE 20% OF THE AMERICAN PEOPLE WHO REPUBLICANS ARE LISTENING TO AND PLAYING TO AND TWEETING TO AND PLAYING NICE-NICE WITH THE WHITE HOUSE TO APPEASE. SO -- AND THE REST OF US, WHAT DO WE GET? NOTHING ON IMMIGRANTS, ON GUNS, ON CLIMATE CHANGE, ON HEALTH CARE, OR ON TAXES. WE SIMPLY RESHUFFLE THE DECK.

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    • 10:05:59 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEMAN YIELDS BACK. MEMBERS ARE REMINDED TO REFRAIN FROM ENGAGING…

      THE GENTLEMAN YIELDS BACK. MEMBERS ARE REMINDED TO REFRAIN FROM ENGAGING IN PERSONALITIES TOWARD THE PRESIDENT. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM FLORIDA, MS. ROS-LEHTINEN, FOR FIVE MINUTES.

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    • 10:06:09 AM

      MS. ROS-LEHTINEN

      THANK YOU SO MUCH, MR. SPEAKER. LAST WEEK, SADLY MARKED THE THIRD…

      THANK YOU SO MUCH, MR. SPEAKER. LAST WEEK, SADLY MARKED THE THIRD ANNIVERSARY OF THE MURDER OF RUSSIAN HUMAN RIGHTS ACTIVIST BORIS NEMSOV. ON FEBRUARY 27, 2015, BORIS WAS ASSASSINATED WHILE CROSSING A BRIDGE NEAR THE KREMLIN IN MOSCOW, SHOT IN THE BACK IN THE MOST COWARDLY MANNER. BORIS' MURDER WAS NO DOUBT DIRECTED BY PUTIN BECAUSE BORIS HAD ACTIVELY ORGANIZED RALLIES AGAINST THE REGIME AND EVEN HAD THE COURAGE TO REPORT IN DETAIL ON CORRUPTION IN THE PUTIN REGIME. HIS DEATH WAS A GREAT LOSS FOR THE PEOPLE OF RUSSIA WHO ARE FIGHTING FOR A FREE AND DEMOCRATIC SOCIETY. I WAS LUCKY ENOUGH TO HAVE KNOWN BORIS AND MET WITH HIM SEVERAL TIMES OVER THE YEARS. I HAD THE GREAT PRIVILEGE TO WORK WITH HIM ON GETTING THE SERGEI MAGNITSKY RULE OF LAW ACCOUNTABILITY ACT PASSED INTO LAW IN 2012. IN FACT, I MET WITH BORIS RIGHT AFTER THE HOUSE PASSED THAT BILL. THAT DAY BORIS TOLD ME SOMETHING THAT RESONATED WITH ME, MR. SPEAKER. HE TOLD ME THAT PUTIN HAD MADE STOPPING THE MAGNITSKY ACT HIS UTMOST PRIORITY. THOUGH THAT RESONATED WITH ME, IT DID NOT SURPRISE ME BECAUSE I WAS BORN IN COMMUNIST CUBA AND I WAS FORCED TO FLEE MY HOMELAND WITH MY FAMILY TO GET AWAY FROM THE CASTRO REGIME. AND I KNOW THAT CASTRO WOULD HAVE HAD THE SAME REACTION AS PUTIN BECAUSE THUGS FEAR THE PEOPLE, FEAR THE PEOPLE WHO ARE BRAVE ENOUGH TO STAND UP TO THEIR AUTHORITARIAN RULE AND THAT'S WHY PUTIN FEARED MAGNITSKY. THAT'S WHY PUTIN FEARED BORIS. THAT IS WHY PUTIN FEARS MY FRIEND AND CLOSE FRIEND OF BORIS', VLADIMIR KARAMERSAV, WHO THE PUTIN REGIME TRIED TO KILL ON TWO OCCASIONS BY POISONING. VLADIMIR CARRIES OUT HIS MISSION OF SPEAKING THE TRUTH ABOUT THE PUTIN REGIME AND CALLING ATTENTION TO THE HUMAN RIGHTS ABUSES IN RUSSIA. HE HAS CARRIED ON THE LEGACY AND BROUGHT BORIS' MESSAGE TO THE WORLD AND THROUGH VLADIMIR'S EFFORTS, THE LEGACY HAS BEEN MEMORIALIZED RIGHT HERE IN WASHINGTON, D.C. LAST WEEK, MR. SPEAKER, I ATTENDED THE UNVEILING OF THE NAMING OF THE PLAZA RIGHT IN FRONT OF THE RUSSIAN EMBASSY AFTER BORIS. BORIS PERSONIFIED THE FIGHT FOR HUMAN RIGHTS IN RUSSIA, AND NOW IN FRONT OF THE RUSSIAN EMBASSY IN WASHINGTON, D.C., THREE YEARS AFTER BORIS WAS MURDERED, HE IS NOW MEMORIALIZED AS A SYMBOL, A SYMBOL SIGNIFYING THAT ONE PERSON OR ONE IDEA CAN BE MORE POWERFUL AND MORE THREATENING TO A CORRUPT REGIME THAN EVEN THE BIGGEST ARMY. THAT PLAZA ALSO SERVED AS A SYMBOL FOR THE FUTURE BECAUSE ONE DAY PUTIN WILL BE GONE AND BORIS' DREAM WILL BECOME A REALITY. AND WHEN THAT DAY COMES, THE DIPLOMATS WHO COME TO THE UNITED STATES REPRESENTING A FREE AND DEMOCRATIC RUSSIA WILL BE ABLE TO LOOK OUT THE WINDOWS OF THEIR EMBASSY BEAMING WITH PRIDE AT WHAT BORIS' SACRIFICE HELPED THEM TO REALIZE. AND THEY WILL HONOR BORIS' LEGACY AND EVERYONE ELSE WHO TOLD THE TRUTH ABOUT THE REGIME OF PUTIN AND WHO GAVE EVERYTHING FOR A FREE AND DEMOCRATIC RUSSIA WHERE HUMAN RIGHTS AND THE RULE OF LAW ARE RESPECTED, NOT FEARED. AND I HOPE THAT DAY IS SOON UPON US, MR. SPEAKER. I YIELD BACK.

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    • 10:09:55 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM…

      THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM CALIFORNIA, MR. COSTA, FOR FIVE MINUTES.

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    • 10:10:02 AM

      MR. COSTA

      I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR FIVE MINUTES AND TO…

      I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR FIVE MINUTES AND TO REVISE AND EXTEND MY REMARKS.

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    • 10:10:07 AM

      TEMPORE WITHOUT

      MR. SPEAKER, I RISE TODAY TO TALK ABOUT THE CHALLENGES THAT WE FACE NOT…

      MR. SPEAKER, I RISE TODAY TO TALK ABOUT THE CHALLENGES THAT WE FACE NOT ONLY IN MY CONSTITUENCY AS IT RELATES TO CALIFORNIA AGRICULTURE BUT A HOST OF OTHER ISSUES AS WELL. WE ARE IN THE PROCESS OF TRYING TO RE-AUTHORIZE THE FARM BILL, SOMETHING WE DO EVERY FOUR YEARS. USED TO BE, AND WE HOPE IT WILL CONTINUE TO BE THIS YEAR, TO BE ONE OF THE MOST BIPARTISAN EFFORTS WE ARE ENGAGED IN. I REPRESENT NOT ONLY THE HEARTLAND OF THE SAN JOAQUIN VALLEY BUT THIRD GENERATION FARMER. LAST WEEK, AS I DO EVERY WEEKEND WHEN I GO HOME, I WAS WALKING THE ROLLS OF THE ALMOND TREES IN MY RANCH OUTSIDE OF FRESNO, CALIFORNIA. THEY'RE BEAUTIFUL. THEY'RE IN FULL BLOOM THIS TIME OF YEAR. THERE'S NOT A TIME, THOUGH, IN THE YEAR IN THE SAN JOAQUIN VALLEY WHERE THE INCREDIBLE BOUNTY OF 300 CROPS THAT WE GROW ARE NOT ON DISPLAY BECAUSE THEY ARE ALWAYS OUT THERE. THE BLOSSOMS IN THE SPRING GROW INTO THE ALMONDS AND PISTACHIOS INTO LATE SUMMER. TOMATOES ARE HARVEST IN AUGUST AND SEPTEMBER AND FOLLOWED BY COTTON IN OCTOBER AND NOVEMBER. THE DAIRYMEN AND DAIRY PROCESSORS WORK EVERY DAY BECAUSE THOSE COWS HAVE TO BE MILKED EVERY DAY YEAR ROUND TO PRODUCE THE FINEST QUALITY MILK PRODUCTS, CHEESE AND BUTTER. AS I WALKED THROUGH THE ORCHARD I REMEMBER COUNTLESS STORIES AND INCITES BY MY FELLOW CALIFORNIA FARMERS, RANCHERS, DAIRY MEN AND WOMEN SHARED WITH ME OVER THE PAST YEAR AND I THINK ABOUT MY FATHER WHO FARMED ALL OF HIS LIFE AND MY GRANDFATHER. IN ANTICIPATION OF THE 2018 FARM BILL, I HAVE HELD ROUNDTABLES, LISTENING SESSIONS, LISTENED TO AGRICULTURE TOWN HALLS, MET WITH OUR FARMERS AND FARM WORKERS WHO EVERY DAY WORK SO HARD TO PUT THOSE FOOD PRODUCTS ON AMERICA'S DINNER TABLE. I'VE DONE THIS TO HEAR FIRSTHAND THE CONCERNS AND THE PRIORITIES OF LOCAL PRODUCERS, FARM WORKERS, NUTRITION ORGANIZATIONS REGARDING OUR NATION'S FOOD SUPPLY. I'VE ALSO HAD NUMEROUS MEETINGS WITH KEY AGRICULTURE TRADE OFFICIALS, INCLUDING AGRICULTURAL SECRETARY PURDUE WHO'S BEEN OUT TO CALIFORNIA A NUMBER OF TIMES. AS WE IN CONGRESS MOVE TOGETHER WITH THE FARM BILL AND THE NEGOTIATIONS WE MUST MAINTAIN STRONG SUPPORT FOR THE CULTIVATION AND THE PRODUCTION OF FRESH FRUITS AND VEGETABLES WHICH ARE THE FOUNDATION OF A HEALTHY DIET. CALIFORNIA PRODUCES OVER HALF THE NATION'S FRUITS AND VEGETABLES. IT'S TRULY AMAZING. 300 CROPS. WE MUST ALSO MAKE SURE THAT WE DO NOT ABANDON OUR NATION'S MOST VULNERABLE THROUGH AN INHUMANE CUTS TO THE NUTRITION PROGRAMS THAT WE PROVIDE FOR STEADY SOURCE OF FOOD TO OUR NATION'S FOOD SUPPLY. WE'RE TALKING ABOUT OUR SAFETY NET. WE'RE TALKING ABOUT THE SNAP PROGRAM. WE'RE TALKING ABOUT WOMEN, INFANTS AND CHILDREN. THIS HAS BEEN PART OF THE GLUE ON A BIPARTISAN BASIS THAT HAVE KEPT DEMOCRATS AND REPUBLICANS TOGETHER IN THE RE-AUTHORIZATION OF THE FARM BILL, BUT WE MUST HAVE A SAFETY NET FOR THOSE WHO ARE MOST UNFORTUNATE IN OUR SOCIETY. WE SHOULD WORK TO ALSO EXPAND FOREIGN MARKETS FOR OUR PRODUCTS AND TO INCENTIVIZE SOUND CONSERVATION PRACTICES AND RESEARCH. RESEARCH IS VERY IMPORTANT TO ENSURE THE SUSTAINABILITY. SUSTAINABILITY IS CRITICAL AND TO CONTINUE THE GROWTH OF AMERICAN AGRICULTURE. WE HAVE AN OPPORTUNITY IN THE FARM BILL TO ADDRESS THE CRIPPLING AGRICULTURE LABOR CRISIS AFFECTING OUR FARMERS AND IT MUST BE ADDRESSED AS WE LOOK AT A BROKEN IMMIGRATION SYSTEM THAT NOT ONLY IMPACTS OUR DREAMERS, THE DACA PROGRAM, BUT A RELIABLE SUPPLY OF FARM LABOR. SO THESE ARE ALL AMONG THE ISSUES WE MUST ADDRESS TO ENSURE THAT OUR NATION'S FOOD SUPPLY IS RELIABLE BECAUSE, GUESS WHAT. IT'S A NATIONAL SECURITY ISSUE. IT IS A NATIONAL SECURITY ISSUE. PEOPLE DON'T LOOK ABOUT IT THAT WAY, YOU KNOW. PEOPLE GO INTO THE GROCERY STORE AND THINK, WELL, WHAT'S THE PROBLEM? GROCERY STORES HAVE ALL THE FOOD IN THE WORLD. GO TO RESTAURANTS. GOT ALL THE FOOD YOU NEED. BUT THE FOOD DON'T GET TO THE GROCERY STORE OR TO THOSE RESTAURANTS WITHOUT IT BEING GROWN BY AMERICA'S MEN AND WOMEN WHO LABOR. LESS THAN 3% OF THE NATION'S POPULATION TO PRODUCE THE FINEST, HIGHEST QUALITY, GREATEST YIELD, MOST NUTRITIONOUS FOOD ANYWHERE IN THE WORLD EVERY NIGHT ON AMERICA'S DINNER TABLE. AND THAT'S WHERE WE MUST COME TOGETHER AS DEMOCRATS AND REPUBLICANS TO IMPROVE OUR NATION'S FOOD SUPPLY BY PASSING A STRONG, BIPARTISAN FARM BILL. MR. SPEAKER, I RISE TODAY TO COMMEMORATE THE FIFTH ANNIVERSARY OF THE VIOLENCE AGAINST WOMEN'S RE-AUTHORIZATION ACT, OTHERWISE KNOWN AS VAWA. PROTECTING THE VIOLENCE AGAINST WOMEN'S ACT IS ONE OF THE TOP PRIORITIES IN THE VICTIMS' RIGHTS CAUCUS, A BIPARTISAN RIGHTS CAUCUS THAT CONGRESSMAN TED POE AND I ORGANIZED SOME 10 YEARS AGO. IT SEEKS TO PREVENT VIOLENCE IN OUR COMMUNITY AND PROVIDES SERVICES TO SURVIVORS OF VIOLENCE IN PART BY ENCOURAGING COLLABORATION AMONG LOCAL LAW ENFORCEMENT, JUDICIAL PERSONNEL AND THE PRIVATE SECTOR ORGANIZATIONS, N.G.O.'S. IN MY DISTRICT, THESE ORGANIZATIONS COLLABORATE AND THEY'VE BEEN VITAL IN HELPING SURVIVORS OF VIOLENCE. WE MUST HAVE NUMEROUS ORGANIZATIONS WORKING TIRELESSLY TO SUPPORT THE VICTIMS OF CRIME. IN MY DISTRICT, THEY INCLUDE THE MARJORIE MASON CENTER, CALIFORNIA WOMEN EMPOWERMENT AND CENTRAL LA FAMILIA CRISIS. THIS WILL HELP NOT ONLY END VIOLENCE IN THE VALLEY BUT TO OUR NATION. WE MUST ENSURE SURVIVORS HAVE ACCESS TO SERVICE FOR ESSENTIAL RECOVERY. WE CANNOT STOP AND WE MUST NOT. WE MUST END THIS HORRENDOUS VIOLENCE ONCE AND FOR ALL AND THAT'S WHY WE MUST SUPPORT THE VIOLENCE AGAINST WOMEN'S ACT. I YIELD BACK THE BALANCE OF MY TIME. .

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    • 10:16:08 AM

      THE SPEAKER PRO TEMPORE

      THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. BOST, FOR FIVE…

      THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. BOST, FOR FIVE MINUTES.

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    • 10:16:14 AM

      MR. BOST

      THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE THE CITY OF ALTON,…

      THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE THE CITY OF ALTON, ILLINOIS. IT WAS SELECTED FROM HUNDREDS OF CITIES NATIONWIDE TO BE FEATURED ON THE REALITY TV SHOW, "SMALL BUSINESS REVOLUTION, MAIN STREET." THE CITY WILL ALSO RECEIVE A $500,000 INVESTMENT FOR ITS SMALL BUSINESSES. THEY HAVE A RICH HISTORY. IT IS HOME TO HISTORICAL BUILDINGS, A DEEP MANUFACTURING HERITAGE. IT WAS A SITE OF ONE OF THE LINCOLN-DOUGLAS DEBATES. A ROUTE ON THE UNDERGROUND RAILROAD. BLUES MUSICIAN MILES DAVIS. AND A HISTORY OF THE TALLEST MAN, 8'11" ROBERT WADLOE. THESE DAYS IT IS UNDERGOING A SMALL BUSINESS REVOLUTION. FROM A SELF-POUR CRAFT BEER TAP ROOM TO A POST OFFICE CONVERT FOOD A SMALL BUSINESS HUB AND NEW BUSINESSES ARE POPPING UP ALL OVER. IT'S AN EXCITING TIME FOR THE COMMUNITY AND THEY CAN'T WAIT TO SHOW THE NATION, SOUTHERN ILLINOIS SPIRIT AND INNOVATION. MR. SPEAKER, I RISE TODAY TO RECOGNIZE THE DETERMINATION OF A YOUNG MAN FROM MY HOMETOWN OF MURPHYS BOROUGH, ILLINOIS. ROBBY HAS CEREBRAL PALSY AND A NERVE DISORDER. THAT HASN'T HOMETOWN OF MURPHYS STOPPED HIM FROM TRYING OUT FOR THE RED DEVILS BASKETBALL TEAM YEAR AFTER YEAR. WHILE HE HASN'T MADE THE OFFICIAL ROSTER, HE SERVED AS TEAM MANAGER. GOING TO EVERY GAME, ALL THROUGH HIS HIGH SCHOOL CAREER, AND EVERY PRACTICE. ROWDY HAD A CONSTANT PRESENCE WITH THE TEAM, COACHES, AND OUR COMMUNITY. LAST MONTH, FINALLY GOT -- ROWDY FINALLY GOT THE CHANCE TO SEE GAME TIME. ROWDY SCORED 10 POINTS ON THE NIGHT, INCLUDING A BUZZER-BEATING THREE-POINT SHOT. IN HIS OWN WORDS, I GOT A WHOLE LOT OF SCHOOL BEHIND MY BACK AND MY FAMILY. I'VE GOT A LOT OF PEOPLE THAT SUPPORT ME. SO IT IS AN AWESOME TO KNOW THAT THEY ALL CAME TO THE GAME TO WATCH ME PLAY. ROWDY, WE'RE ALL PROUD OF YOU. MR. SPEAKER, I RISE TODAY IF I COULD TO TAKE A MOMENT, I'D LIKE TO READ A PARTICULAR PROVERB, PART OF A PROBLEM VERB, 31:10 :316789 AN EXCELLENT WIFE WHO CONFINED SHE'S MORE PRECIOUS THAN JEWELS. SHE DOES -- THE HEART OF HER HUSBAND TRUSTS IN HER AND HE WILL HAVE NO LACK OF GAIN. SHE DOES HIM GOOD AND NOT HARM AND ALL THE DAYS OF HER LIFE. SHE SEEKS WOOL AND FLACKS AND WORKS -- AND FLAX AND WORKS WITH WILLING HANDS. SHE IS LIKE A SHIP OF THE MERCHANT SHE BRINGS HER FOOD FROM AFAR. SHE RISES WHILE IT IS YET NIGHT AND PROVIDES FOOD FOR HER HOUSEHOLD AND PORTIONS FOR HER MAIDENS. SHE CONSIDERS A FIELD AND BUY IT IS AND THE FRUIT OF HER HAND SHE PLANTS THE VINEYARDS. SHE DRESSES HERSELF WITH STRENGTH AND MAKES HER ARMSTRONG. SHE PERCEIVES THAT THE MERCHANTS IS PROFITABLE -- MERCHANDISE IS PROFITABLE AND HER LAMP DOES NOT GO OUT AT NIGHT. SHE PUTS HER HANDS TO THE SPINDLE. SHE OPENS HER HAND TO THE POOR AND REACHES OUT HER HANDS TO THE NEEDY. SHE IS NOT AFRAID OF SNOW FOR HER HOUSEHOLD FOR ALL OF HER HOUSEHOLD IS CLOTHED IN SCARLETT. SHE MAKES THE BED CONVERSATION FOR HERSELF, HER CLOTHING IS FINE LINEN AND PURPLE. HER HUSBAND IS KNOWN IN THE GATES. AND WHEN HE SITS AMONG THE ELDERS OF THE LAND, SHE MAKES LINEN GARMENTS AND SELLS THEM. SHE STRENGTH AND DIGNITY ARE BLOTHING AND SHE LAUGHS AT TIME TO COME. SHE OPENS HER MOUTH WITH WISDOM AND TEACHES KINDNESS IS ON HER TONGUE. SHE LOOKS WELL TO THE WAYS OF HER HOUSEHOLD AND DOES NOT EAT BREAD OF IDLENESS. HER CHILDREN RISE UP AND CALL HER BLESSED. HER HUSBAND ALSO. AND HE PRAISES HER. MANY WOMEN HAVE DONE EXCELLENTLY, BUT YOU SURPASS THEM ALL. CHARM IS DECEITFUL. BUT A WOMAN WHO FEARS THE LORD IS TO BE PRAISED. GIVE HER THE FRUIT OF HER HANDS AND LET HER WORK PRAISES -- AND LET WORKS PRAISE HER IN THE GATES. MR. SPEAKER, MANY MAY ASK WHY I WOULD READ SUCH A SCRIPTURE THIS DAY ON THE FLOOR. WELL, BECAUSE 38 YEARS AGO TOMORROW I MARRIED A BEAUTIFUL YOUNG WOMAN WHO HAS GROWN TO BECOME THIS VERY WOMAN THAT'S DESCRIBED IN THIS SCRIPTURE. SHE IS VERY BEAUTIFUL AND VERY CHARMING, BUT MOST OF ALL SHE IS VIRTUOUS. SO WITH THAT I WANT TO WISH HER AN EARLY HAPPY ANNIVERSARY. I LOVE YOU, TRACY. WITH THAT I YIELD BACK, MR. SPEAKER.

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    • 10:21:20 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS,…

      THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS, MR. GREEN, FOR FIVE MINUTES.

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    • 10:21:31 AM

      MR. GREEN

      THANK YOU, MR. SPEAKER. I WOULD ASK I BE PERMITTED TO REVISE AND EXTEND.

    • 10:21:33 AM

      THE SPEAKER PRO TEMPORE

      WITHOUT OBJECTION.

    • 10:21:35 AM

      MR. GREEN

      THANK YOU. MR. SPEAKER, IT'S AN HONOR FOR ME TO RISE TODAY IN DEFENSE OF…

      THANK YOU. MR. SPEAKER, IT'S AN HONOR FOR ME TO RISE TODAY IN DEFENSE OF DREAMERS AND THOSE WHO BROUGHT THEM HERE. I RISE IN DEFENSE OF THEM, MR. SPEAKER, BECAUSE I RISE IN DEFENSE OF THEM, MR. SPEAKER, BECAUSE QUITE FRANKLY THERE WAS A DESIRE FOR PERSONS TO COME HERE. THERE WAS A DESIRE FOR THEM TO COME AND TO WORK AND TO WORK AT WAGES THAT SOME CONSIDERED SUBPAR. A DESIRE FOR THEM TO WORK ON THE CONDITIONS THAT WERE NOT THE BEST. THAT WAS A DESIRE FOR THEM TO COME. AND THEY CAME. I RISE IN DEFENSE OF THEM BECAUSE, MR. SPEAKER, WE ARE COMPLICIT IN THIS BEHAVIOR. WE WERE COMPLICITY BECAUSE WE KNEW THEY WERE COMING AND WE WANTED THEM TO COME. I RISE IN DEFENSE OF THEM BECAUSE I DON'T BELIEVE THAT A COUNTRY AS GREAT AS THE UNITED STATES OF AMERICA CAN ASKED YOUNG PEOPLE TO ACCEPT A PATHWAY TO CITIZENSHIP BUT NOT GIVE IT TO THE PEOPLE WHO BROUGHT THEM HERE, THEIR PARENTS IN MOST CASES, BUT IN A GAD MANY CASES OTHER PERSONS WHO CARED FOR THEM. TO ASK THESE YOUNG PEOPLE TO SELL OUT, TO BORROW A TERM THAT WE USE, TO SELL OUT THEIR PARENTS IS MORE THAN A GREAT NATION SHOULD ASK OF YOUNG PEOPLE. TO SAY TO THEM, YOU CAN STAY, BUT YOUR PARENTS MAY HAVE TO GO. WHAT KIND OF COUNTRY ARE WE IF WE DEMAND THIS OF YOUNG PEOPLE WHO CAME WITH PEOPLE THAT WE WANTED TO COME, WHO HAVE DONE US NO HARM, WHO WORKED HARD IN OUR KITCHENS. WHO WORKED HARD CLEANING OUR HOMES. WHO HAVE WORKED HARD TENDING OUR FIELDS. WHO WORKED HARD BRINGING IN THE FRUITS OF THE LABOR THAT THEY BROUGHT TO THIS COUNTRY. WHAT KIND OF COUNTRY SAYS YOU'RE GOING TO GO BACK AFTER MANY YEARS OF BEING HERE? AND SENDING THE YOUNG PEOPLE BACK TO PLACE THAT IS THEY FRUITS KNOW VERY LITTLE OF. MR. ESCOBAR IS A CASE IN POINT. HE WAS SENT BACK TO SAN SALVADOR HAVE A DOOR, HADN'T BEEN THERE IN MANY, MANY YEARS. CAME HERE AROUND 15 YEARS OF AGE. MR. SPEAKER, NOW IS THE TIME FOR THIS COUNTRY TO TAKE THE AFFIRMATIVE ACTION TO CORRECT WHAT WILL BE AN INJUSTICE IF WE PURSUE THE PATH THAT THE PRESIDENT WOULD HAVE US PURSUE. NOW KNOW VERY LITTLE IS THE TIME FOR US TO MAKE SURE THAT EVERY PERSON IS RECEIVING THE KIND OF LIBERTY AND JUSTICE FOR ALL THAT WE EXTOL IN THE PLEDGE OF ALLEGIANCE. NOW IS THE TIME FOR US TO MAKE SURE THAT ALL OF THESE YOUNG PEOPLE ARE GIVEN THE OPPORTUNITY TO SUCCEED ON THEIR MERITS OR FAIL ON THEIR DEMERITS IN THE COUNTRY THEY KNOW AS HOME. MR. SPEAKER, WE ARE A GREAT COUNTRY. A GREAT COUNTRY DOES NOT DO WHAT THE PRESIDENT IS PROPOSING. AND I WILL NOT STAND WITH THE PRESIDENT ON THIS. I STAND AND DEFEND THE DREAMERS AND THE PEOPLE WHO BROUGHT THEM HERE, IN MOST CASES THEIR PARENTS. THIS IS WHAT A GREAT NATION OUGHT TO DO. I KNOW THAT THERE MAY BE PEOPLE WHO DELIVER, BUT WHEN YOU ARE STANDING ON RIGHT, YOU DON'T WORRY ABOUT THOSE WHO DIFFER. THIS IS THE RIGHT THING FOR THE UNITED STATES OF AMERICA TO DO. I YIELD BACK THE BALANCE OF MY TIME.

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    • 10:25:13 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR NOW…

      THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR NOW RECOGNIZES THE GENTLEMAN FROM PENNSYLVANIA, MR. THOMPSON, FOR FIVE MINUTES.

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    • 10:25:24 AM

      MR. THOMPSON

      THANK YOU, MR. SPEAKER. MR. SPEAKER, I RISE TODAY TO CONGRATULATE TRACK…

      THANK YOU, MR. SPEAKER. MR. SPEAKER, I RISE TODAY TO CONGRATULATE TRACK FORM RESOURCES OF LOGANTOWN, PENNSYLVANIA, FOR BEING NAMED THE 2018 INNOVATIVE DAIRY FARMER OF THE YEAR. THE NATIONAL AWARD CELEBRATES U.S. DAIRY PRODUCERS THAT APPLY CREATIVITY, EXCELLENCE, AND FORWARD THINKING TO ACHIEVE GREATER ON-FARM PRODUCTIVITY AND IMPROVING MARKETING. THE AWARD IS PRESENTED ANNUALLY BY THE INTERNATIONAL DAIRY FOODS ASSOCIATION AND DAIRY HERD MAGAZINE. MR. SPEAKER, TRACK FARM RESOURCES HAS A RICH HISTORY IN CLINTON COUNTY. LOCATED IN THE HEART OF COUNTRY, IT IS OPERATED BY JIM AND LISA AND KEVIN TRACK. LISA AND KEVIN ARE SIBLINGS. THEY RUN THE FARM WITH THE HELP OF THEIR CHILDREN AND GRANDCHILDREN WHO NOW REPRESENT THE 11TH GENERATION FARMERS OF THE LAND. YES, THAT'S RIGHT. TRACK FARM RESOURCES HAS BEEN IN OPERATION SINCE 1773. THREE YEARS BEFORE THE DECLARATION OF INDEPENDENCE WAS EVER ISSUED. THEY HAVE 22 FULL-TIME EMPLOYEES AND SOME PART-TIME HELP AS WELL. THE OWNERS SAID IT IS TEAMWORK THAT MAKE IT POSSIBLE FOR THEM TO RECEIVE THIS AWARD. IT'S ESPECIALLY MEANINGFUL TO SEE A PENNSYLVANIA FARM WITH SUCH A LONG HISTORY OF GOOD STEWARDSHIP BEING NAMED THE LEADING INNOVATOR NATIONWIDE FOR DAIRY FARMING. TODAY THEY ARE GOOD STEWARDSHIP BEING MANAGING AN 1,100 HEAD DAIRY HERD WHILE ADVOCATING FOR NO TILL FARMING AND MAINTAINING SOIL HEALTH AND PROMOTING AWARENESS OF THE CHESAPEAKE BAY WATERSHED. ITS FARMING PRACTICE IS TRULY FOCUSED ON CONSERVATION. TRACK FARMS ALSO WAS AN EARLY ACOPTER OF RENEWABLE ENERGY TECHNOLOGY AND INSTALLED ONE OF THE FIRST METHANE DIE JESTERS IN PENNSYLVANIA. NOW -- DIGESTERS IN PENNSYLVANIA. NOW THEY SELL POWER BACK TO THE GRID AND REDUCES ELECTRICITY COSTS FOR THE FARM. TRACK FARMS IS A MODEL OPERATION THAT IS AT THE FOREFRONT OF MODERN DAY FARMING PRACTICES. THEIR OPERATION EFFECTIVELY DEMONSTRATES AN INVESTMENT IN ENVIRONMENTALLY FRIENDLY PRACTICE CAN LOWER COSTS, PROVIDE NEW REVENUE STREAMS, AND OFFER GREATER EFFICIENCIES IN THE FARM. THEY ALSO EDUCATE LOCAL LEGISLATORS AND AGAIN PUBLIC ABOUT THEIR OPERATIONS, PLUS ECONOMIC AND ENVIRONMENTAL BENEFITS. JIM SAYS THE FARM'S PRACTICES AND BELIEFS GO WELL BEYOND THE BORDERS OF FARMING. FAMILY MEMBERS AND FARM STAFF ARE INVOLVED IN ASSOCIATIONS AND ORGANIZATIONS THAT PROMOTE DAIRY FARMING AND ITS ENVIRONMENTAL IMPACTS. HE'S TRAVELED ACROSS THE COUNTRY SPEAKING ABOUT THE PRACTICES THAT THEY USE RIGHT THERE IN LOGANTON, PENNSYLVANIA. TRACK FARMS ACCEPTED THE AWARD EARLIER THIS YEAR AT THE DAIRY FARM 2018 IN PALM DESERT, CALIFORNIA. THE PENNSYLVANIA SECRETARY OF AGRICULTURE NOMINATED THE FARM FOR THE AWARD AND I WAS PLEASED TO ADD SUPPORTING COMMENTS TO THE NOMINATION IT. MR. SPEAKER, I AM MOST PROUD OF TRACK FARMS AND THE ENTIRE FAMILY FOR BEING A LEADER IN DAIRY FARMING NOT ONLY IN THE COMMONWEALTH OF PENNSYLVANIA, BUT NATIONWIDE. I WHOLEHEARTEDLY CONGRATULATE THEM AND THEIR FAMILIES AND EMPLOYEES ON THIS OUTSTANDING ACHIEVEMENT. THANK YOU, MR. SPEAKER. I YIELD BACK THE BALANCE OF MY TIME.

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    • 10:28:37 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES…

      THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE THE GENTLEWOMAN FROM OHIO, MS. KAPTUR, FOR FIVE MINUTES.

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    • 10:28:47 AM

      MS. KAPTUR

      MR. SPEAKER. I AM PLEASED TO JOIN MY COLLEAGUE, REPRESENTATIVE JACKIE…

      MR. SPEAKER. I AM PLEASED TO JOIN MY COLLEAGUE, REPRESENTATIVE JACKIE WALORSKI, AS CO-CHAIRS OF THE POLISH CAUCUS. THIS YEAR WE COMMEMORATE THE 100TH ANNIVERSARY OF POLAND'S RE-MEERGENCE AS A EUROPEAN NATION IN 1918. AS GRATEFUL POLISH AMERICANS, WE JOIN TOGETHER ON A BIPARTISAN BASIS TO ACKNOWLEDGE THIS HISTORIC ACHIEVEMENT OF FREEDOM'S ADVANCE. THE REALITY IS HISTORY HAS BEEN BRUTAL TO POLAND. IN THE LATE 1700'S, POLAND WAS ERASED FROM THE MAP OF EUROPE FOR 123 YEARS. BY THREE ADJACENT PREDATORY EMPIRES BECAUSE IT PASSED A CONSTITUTION INSPIRED BY OURS WHICH INCLUDED A SEPARATION OF POWERS. POLAND BECAME THE FIRST NATION IN EUROPE TO ABOLISH CERTIFICATE OFDOM BY THE MAN FEST ON MAY 1, 1791. THEN IN 1918, FOLLOWING WORLD WAR I, WITH THE SUPPORT OF PRESIDENT WOODROW WILSON, POLAND WAS RESTORED TO THE MAP OF EUROPE AND RESUMED ITS TORTUROUS CLIMB TO FREEDOM. THEN IN 1939, WORLD WAR II BEGAN. AS POLAND WAS INVADED FIRST. BY NAZI GERMANY AND THEN THREE WEEKS LATER BY COMMUNIST RUSSIA. POLAND A SUFFERED AN UNIMAGINABLE LOSS OF 20% OF ITS POPULATION THAT PERISHED DURING WORLD WAR II, THE MOST OF ANY NATION IN THAT WAR. . OF THE 14 MILLION PEOPLE KILLED OVER SIX MILLION PEOPLE WERE KILLED IN POLAND. THREE MILLION JEWS AND THREE MILLION CHRISTIANS. AS WELL AS ROMA AND THE DISABLED, HOMOSEXUAL AND OTHER INNOCENTS. POLAND NEVER SURRENDERED. THERE NEVER WAS A COLLABORATIONIST POLISH GOVERNMENT. ESTABLISHING A FREE GOVERNMENT IN EXILE, POLISH ARMIES FOUGHT ON EVERY FRONT IN EUROPE INCLUDING ALONGSIDE AMERICAN SOLDIERS AT NORMANDY. DESPITE THE NAZI AND SOVIET CAMPAIGN TO WIPE OUT POLAND'S MOST EDUCATED AND ACCOMPLISHED AND INDEED POLAND'S HISTORY, POLAND RESISTED WITH THE LARGEST DOWNGROUND RESISTANCE. POLAND NEVER SURRENDERED NOR DID IT SURRENDER TO NAZI OR COMMUNIST -- WITH BULLETS TO THE BACK OF THEIR HEADS, KILLED OVER 12,000 POLISH LEADERS FROM ITS MILITARY, CIVIL SOCIETY, THEIR EDUCATIONAL COMMUNITY AND THEIR RELIGIOUS LEADERSHIP. 1945 BROUGHT ALLIED LIBERATION TO A WAR-TORN EUROPE BUT NOT TO POLAND WHICH FELL UNDER THE SOVIET YOKE, REPRESSED AND BLOCKED -- YOLK, REPRESSED AND BLOCKED. EVEN DENIED A TRUE REPRESENTATION OF ITS WAR-TIME HEROISM, TRAGEDY AND TERROR. BUT IN 1989 AFTER 43 YEARS OF INCREASING RESISTANCE TO OCCUPATION INSIDE POLAND, ITS FIERCE LOVE OF LIBERTY SPILLED OVER INTO SUCCESSFUL RESISTANCE AND MASSIVE ELECTORAL VICTORY WON BY THE LABOR MOVEMENT THAT YIELDED ULTIMATE LIBERTY FOR POLAND. THIS WAS THE FIRST WAVE OF MAJOR POPULAR ACROSS THE SOVIET BLOCK THAT RESULTED IN THE BERLIN WALL'S COLLAPSE IN 1989, THE WALL THAT DIVIDED LIBERTY FROM TYRANNY AND ULTIMATELY COMMUNISM'S DEMISE. POLAND HAS ACHIEVED A STEADY ECONOMIC GROWTH AND EACH YEAR SINCE ITS RETURN TO FREEDOM THE MOST ROBUST OF ANY NATION IN EUROPE. YET, THE MILLIONS OF SOULS WHO PERISHED IN POLAND ACROSS EVERY FAITH CONCESSION AND ETHIC ORIGIN, MUCH REMAINS UNKNOWN TO HISTORY. OUR GLOBE IS STILL WEIGHTED DOWN WITH THE SENSE OF GRIEF AND LACK OF HISTORICAL TRUTH THAT HUMANITY MUST ADDRESS. FOR THE MILLIONS THAT PERISHED, THIS ANNIVERSARY YEAR OF POLAND'S REBIRTH SHOULD BE AN OCCASION TO UPLIFT THAT HISTORICAL TRUTH TO HEEL, NOT DIVIDE. AS WE SPEAK, VICIOUS RUSSIAN AGGRESSION AIMS TO DESTIBLIZE EUROPE AND OUR PRESENCE TRANS-ATLANTIC AND NATO ALLIANCE, ESSENTIAL TO LIBERTY. POLAND SHOULD RECOMMIT TO LIBERTY AND RULE OF LAW, SETTING ASIDE LANGUAGE AND GESTURES THAT INFLAME DIVISIONS ACROSS EUROPE. NOW'S THE TIME FOR UNITY, NOT DIVISION. NOW'S THE TIME FOR RESTRAINT, NOT ANTAGONISM. NOW IS THE TIME FOR DIALOGUE, NOT MEDIA TAUNTS. AND LET ME THANK THEM FOR THEIR REASONED PROGRESS AND REASONED STATEMENT. NOW IS THE TIME FOR DIPLOMATIC EXCELLENCE AND MILITARY READINESS, NOT PROVOCATIVE GESTURES. LEGISLATIVE OR OTHERWISE. NOW'S THE TIME FOR ROBUST ARCHIVAL RESTORATION SO THE FULL TRUTH OF MILLIONS WHO PERISHED CAN BE KNOWN AND RECORDED FOREVER. NOW'S THE TIME TO STRENGTHEN FREEDOM'S UMBRELLA, NOT WEAKEN IT. MAY I EXTEND ALL CONGRATULATIONS AND BLESSINGS TO POLAND ON ITS 100TH ANNIVERSARY OF REBORN NATIONHOOD. THANK YOU AND I YIELD BACK.

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    • 10:34:18 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM…

      THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM PENNSYLVANIA, MR. FITZPATRICK, FOR FIVE MINUTES.

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    • 10:34:26 AM

      MR. FITZPATRICK

      MR. SPEAKER, RECENTLY I WAS FORTUNATE TO MEET AN IMPRESSIVE YOUNG MAN,…

      MR. SPEAKER, RECENTLY I WAS FORTUNATE TO MEET AN IMPRESSIVE YOUNG MAN, KEVIN, AND CELEBRATE WITH HIM AS HE EARNED THE RANK OF EAGLE SCOUT. KEVIN IS A SENIOR IN HIGH SCHOOL. HE'S INVOLVED IN THE COMMUNITY AS A MEMBER OF THE UNIFIED SPECIAL OLYMPICS AND THE REGULAR SPECIAL OLYMPICS WHERE HE COMPETES IN SOCCER, SWIMMING, BOCCI, BASEBALL, TRACK AND FIELD. HE'S THE MANAGER OF THE SCHOOL LACROSSE TEAM. INVOLVED IN THIS YEAR'S MUSICAL AND VOTED HOMECOMING KING. AS AN EAGLE SCOUT IN TROOP 91 KEVIN EARNED 36 MERIT BADGES AND LED A GROUP OF 38 OTHERS IN BUILDING A GA Z-BO ON THE HIGH SCHOOL GROUNDS IN JUST TWO -- GAZEBO ON THE HIGH SCHOOL GROUNDS IN JUST TWO DAYS. KEVIN IS A HEINING EXAMPLE OF COMMITMENT TO COMMUNITY -- IS A SHINING EXAMPLE OF COMMITMENT TO COMMUNITY SERVICE. CONGRATULATIONS, KEVIN, ON EARNING THIS WELL-DESERVED RANK OF EAGLE SCOUT. MR. SPEAKER, I RISE TODAY TO RECOGNIZE CHRISTINE, ALLIE AND KIM FOR THEIR WORK IN THE COMMUNITY COMBATING TYPE 1 DIABETES. AFTER ALL THREE WOMEN HAD A CHILD DIAGNOSED WITH DIABETES IN 2014, THEY BEGAN RAISING MONEY TO FIND A CURE. IN 2016, THEY TOOK THEIR EFFORTS EVEN FURTHER, STARTING THE TYPE ONE PARENT PROJECT FOUNDATION, FOCUSED ON PROVIDING SUPPORT AND GUIDANCE FOR FAMILIES IN MY DISTRICT IN BUCKS AND MONTGOMERY COUNTIES AS WELL AS RAISING GENERAL AWARENESS ABOUT TYPE ONE DIABETES. THIS YEAR THIS ORGANIZATION WILL CONTINUE TO EXPAND ITS EFFORTS, INCREASING THE NUMBER AND RANGE OF SPEAKERS AT THEIR MEETINGS, CREATING A MENTORING PROGRAM WHERE OLDER KIDS CAN MENTOR YOUNGER ONES ABOUT THE EFFECTS OF TYPE ONE DIABETES AND THEY WILL IN THE COMING MONTHS AWARD SEVERAL SCHOLARSHIPS TO LOCAL FAMILIES SO KIDS CAN ATTEND THE AMERICAN DIABETES CAMP FREEDOM, A WEEK-LONG OVERNIGHT CAMP FOR KIDS THAT HAVE DIABETES. MR. SPEAKER, I WANT TO THANK THEM FOR ALL THE WORK THEY'RE DOING TO COPE KIDS AND HELP KIDS SAFE IN OUR COMMUNITY AND EDUCATE OUR COMMUNITY ABOUT CHILDREN FACING THIS CHALLENGE. MR. SPEAKER, I YIELD BACK.

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    • 10:37:00 AM

      THE SPEAKER PRO TEMPORE

      THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM NEW…

      THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM NEW YORK, MR. JEFFRIES, FOR FIVE MINUTES.

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    • 10:37:04 AM

      MR. JEFFRIES

      MR. SPEAKER, RECKLESS, REGREVES AND REPREHENSIBLE REPUBLICAN BUDGET CUTS…

      MR. SPEAKER, RECKLESS, REGREVES AND REPREHENSIBLE REPUBLICAN BUDGET CUTS FUNDING FOR SOCIAL SECURITY, CUTS MEDICARE, CUTS MEDICAID,. THE REPUBLICAN BUDGET CUTS FUNDING FOR MEALS ON WHEELS, CUTS FUNDING FOR SCHOOL VIOLENCE PREVENTION PROGRAMS. IT EVEN CUTS FUNDING FOR THE SPECIAL OLYMPICS. WHO DOES THAT? THE REPUBLICAN BUDGET SEEKS TO BALANCE ITSELF ON THE BACKS OF WORKING FAMILIES, MIDDLE-CLASS FOLKS, SENIOR CITIZENS, THE POOR, THE SICK, THE AFFLICTED, VETERANS, RURAL AMERICA, AND THE SAFETY OF OUR CHILDREN. IT'S AN ABDICATION OF RESPONSIBILITY. IT'S A DIRLIX OF DUTY. IT'S A -- DERELICTION OF DUTY. THE RECKLESS REPUBLICAN BUDGET IS A RAW DEAL FOR THE AMERICAN PEOPLE. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON BETTER JOBS, BETTER WAGES AND A BETTER FUTURE FOR THE AMERICAN PEOPLE. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON HIGHER PAY, LOWER COSTS, AND PROVIDING THE AMERICAN PEOPLE WITH THE TOOLS TO SUCCEED IN THE 21ST CENTURY ECONOMY. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON IMPROVING THE QUALITY OF LIFE OF EVERYDAY AMERICANS. I YIELD BACK.

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    • 10:38:37 AM

      THE SPEAKER PRO TEMPORE

      BACK.

  • 10:38:48 AM

    Recess

    The Speaker announced that the House do now recess. The next meeting is scheduled for 12:00 P.M. today.

    • 12:00:12 PM

      Reconvened

      The House convened, returning from a recess continuing the legislative day of March 6.

      • 12:00:13 PM

        THE SPEAKER

        THE HOUSE WILL BE IN ORDER. THE PRAYER WILL BE OFFERED BY OUR CHAPLAIN,…

        THE HOUSE WILL BE IN ORDER. THE PRAYER WILL BE OFFERED BY OUR CHAPLAIN, FATHER CONROY.

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      • 12:00:15 PM

        Today's prayer was offered by the House Chaplain, Rev. Patrick J. Conroy.

        • 12:00:20 PM

          CHAPLAIN CONROY

          LET US PRAY. ETERNAL GOD WE GIVE YOU THANKS FOR GIVING US ANOTHER DAY. THE…

          LET US PRAY. ETERNAL GOD WE GIVE YOU THANKS FOR GIVING US ANOTHER DAY. THE PROPHET ISAIAH IN THE FIRST CHAPTER BEGINS HIS MESSAGE WITH THESE WORDS -- HEAR OHEAVENS AND LISTEN OH EARTH FOR THE LORD SPEAKS. ALL THE HEAVENS AND ALL THE EARTH CANNOT GRASP OR CONTAIN YOUR WORD, O LORD, WHEN SPOKEN AND UNLEASHED UPON THE WORLD YOU WORD CATAPULTS MESSENGERINGS TO THEIR -- IMAGININGS TO THEIR HEIGHTS. MAY OUR HEARING TURN TO LISTENING AND OUR LISTENING MAKE US SO ATTENTIVE THAT IT LEADS TO NEW UNDERSTANDING AND NEW WAYS OF ACTING. YOUR WORD PROVOKES ISAIAH TO CRY OUT TO THE PEOPLE IF ONLY WE WERE FREE ENOUGH TO BE RAISED UP BY ITS POWER OR STRONG ENOUGH TO BE EMBRACED BY ITS FULL PASSION. THEN WE, LIKE ISAIAH WOULD BE ABLE TO HEAR IN OUR BROADCASTED NEWS THE VICE OF VIOLENCE COMING FROM OUR OWN CHILDREN, AND WE WOULD LAMENT AS A NATION SEARCHING FOR PROPHETIC VISION UNTIL WE IN OUR WAYS OF ACTING CHANGE. WE PRAY FOR THIS VISION NOW AND MAY ALL THAT IS DONE THIS DAY IN THE PEOPLE'S HOUSE BE FOR YOUR GREATER HONOR AND GLORY, AMEN.

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        • 12:01:49 PM

          THE SPEAKER

          THE CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND…

          THE CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND ANNOUNCES HIS APPROVAL THEREOF. PURSUANT TO CLAUSE 1 OF RULE 1, THE JOURNAL STANDS APPROVED. THE PLEDGE OF ALLEGIANCE WILL BE LED BY MR. DEUTCH.

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      • 12:01:50 PM

        The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.

      • 12:01:52 PM

        PLEDGE OF ALLEGIANCE

        The Chair designated Mr. Deutch to lead the Members in reciting the Pledge of Allegiance to the Flag.

        • 12:02:08 PM

          MR. DEUTCH

          FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND…

          FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

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        • 12:02:17 PM

          THE SPEAKER

          THE CHAIR ASKS THAT THE HOUSE NOW OBSERVE A MOMENT OF SILENCE IN HONOR OF…

          THE CHAIR ASKS THAT THE HOUSE NOW OBSERVE A MOMENT OF SILENCE IN HONOR OF THOSE WHO HAVE BEEN KILLED OR WOUNDED IN SERVICE TO OUR COUNTRY AND ALL THOSE WHO SERVE AND THEIR FAMILIES.

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      • 12:02:17 PM

        MOMENT OF SILENCE

        The House observed a moment of silence in honor of those who have been killed or wounded in service to our country and all those who serve and their families.

        • 12:02:43 PM

          THE SPEAKER

          THE CHAIR WILL ENTERTAIN UP TO 15 REQUESTS FOR ONE-MINUTE SPEECHES ON EACH…

          THE CHAIR WILL ENTERTAIN UP TO 15 REQUESTS FOR ONE-MINUTE SPEECHES ON EACH SIDE OF THE AISLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

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      • 12:02:44 PM

        ONE MINUTE SPEECHES

        The House proceeded with one minute speeches which by direction of the Chair, would be limited to 15 per side of the aisle.

        • 12:03:07 PM

          MR. JOHNSON

          THE RICHARDSON POLICE FORCE OFFICER DAVID GARRARD. LAST MONTH HE AND OTHER…

          THE RICHARDSON POLICE FORCE OFFICER DAVID GARRARD. LAST MONTH HE AND OTHER OFFICERS RESPONDED TO A DOMESTIC DISTURBANCE WHERE SHERRARD WERE SHOT AND LATER SUCCUMBED TO HIS WOUND. MR. SPEAKER, DAVID SERVED WITH THE RICHARDSON POLICE DEPARTMENT FOR 13 YEARS. HE WAS KNOWN FOR HIS GENEROSITY AND BRAVERY BUT ABOVE ALL HE WAS KNOWN FOR HIS FAITH IN GOD WHICH HE SHARED WITH OTHERS. SHERRARD WAS THE FIRST RICHARDSON POLICE OFFICER TO DIE IN THE LINE OF DUTY. HIS DEATH IS A GREAT LOSS. HIS WIFE AND DAUGHTERS REMAIN IN MY THOUGHTS AND PRAYERS. MR. SPEAKER, I ASK MY COLLEAGUES TO JOIN ME IN HONORING THE SERVICE AND SACRIFICE OF DAVID SHERRARD, A TRUE HOMETOWN HERO. THANK YOU AND I YIELD BACK.

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        • 12:04:24 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM TEXAS YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE…

          THE GENTLEMAN FROM TEXAS YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM ILLINOIS SEEK RECOGNITION? THE GENTLEMAN FROM ILLINOIS IS RECOGNIZED FOR ONE MINUTE.

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        • 12:04:35 PM

          MR. QUIGLEY

          THANK YOU, MR. SPEAKER. WILLIE BROKE THE COLOR BARRIER IN PROFESSIONAL…

          THANK YOU, MR. SPEAKER. WILLIE BROKE THE COLOR BARRIER IN PROFESSIONAL HOCKEY. ALL WHILE OVERCOMING RACIAL SLURS, DOUBT AND BLINDNESS IN HIS RIGHT EYE. OFTEN REFERRED TO AS THE JACKIE ROBINSON OF HOCKEY, WILLIE HAS BEEN A TRUSTED CHAMPION FOR DIVERSITY, A PROPONENT OF INCLUSION, AND AN INSPIRATION FOR SO MANY YOUNG PLAYERS BOTH OFF AND ON THE ICE. EACH FEBRUARY WE CELEBRATE BLACK HISTORY MONTH AS WELL AS HOCKEY IS FOR EVERYONE MONTH AND NO ONE EMBODIES BOTH OF THOSE TRIBUTES AS PROFOUNDLY AS LIVING LEGEND WILLIE. HE'S AS HUMBLE AS HE IS INSPIRING, OFTEN REMINDING PLAYS HE ONLY PLAYED IN THE NHL FOR 45 GAMES. WHILE THAT MAY BE TRUE, HE CHANGED THE GAME FOREVER. THERE ARE FEW PLAYERS WORTHY OF BEING INDUCTED IN THE HALL OF FAME AND IT'S LONG OVERDUE WILLIE'S NAME BE ADDED TO THAT LIST. AS THE HOCKEY HALL OF FAME CONTINUES TO ACCEPT AND REVIEW NOMINEES SUBMISSIONS BEFORE THE MARCH 15 DEADLINE, I WANT TO REMIND EVERYONE OF THE COUNTLESS WAYS WILLIE STRENGTHENED AND SUPPORTED THIS SPORT. I THANK HIM FOR HIS CONTINUED EFFORTS TO INCREASE ACCESS FOR ALL PEOPLE, OF ALL BACKGROUNDS TO GET OUT ON THE ICE AND PLAY THE GREATEST GAME. THANK YOU AND I YIELD BACK.

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        • 12:05:52 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN…

          THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MONTREAL SEEK -- FROM MONTANA SEEK RECOGNITION?

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        • 12:06:00 PM

          MR. GIANFORTE

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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        • 12:06:03 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM MONTANA IS RECOGNIZED.

        • 12:06:06 PM

          MR. GIANFORTE

          MR. SPEAKER, I RISE TODAY TO DRAW ATTENTION TO WASHINGTON'S INACTIVITY…

          MR. SPEAKER, I RISE TODAY TO DRAW ATTENTION TO WASHINGTON'S INACTIVITY THAT IS LOCKED UP -- HAS LOCKED UP HUNDREDS OF THOUSANDS OF ACRES OF MONTANA PUBLIC LANDS. IN THE 1970'S, CONGRESS DESIGNATED OVER A MILLION ACRES OF MONTANA AS WILDERNESS STUDY AREAS. THE U.S. FOREST SERVICE AND B.L.M. WERE CHARGED WITH DETERMINING WHETHER TO INCLUDE THEM IN THE NATIONAL WILDERNESS PRESERVATION SYSTEM. BY THE EARLY 1980'S, THE FOREST SERVICE AND B.L.M. HAD MADE THEIR RECOMMENDATIONS, BUT CONGRESS DID NOT ACT. NOW NEARLY 40 YEARS LATER, CONGRESS STILL HASN'T ACTED AND THOSE STUDY AREAS ARE STILL LOCKED UP. MR. SPEAKER, LAST WEEK I INTRODUCED THE UNLOCKING PUBLIC LANDS ACT AND THE PROTECT PUBLIC USE OF PUBLIC LANDS ACT. THESE BILLS WILL RELEASE NEARLY 700,000 ACRES OF LANDS FOUND TO BE NOT SUITABLE FOR WILDERNESS DESIGNATION AND RETURN THEM TO FOREST SERVICE AND B.L.M. MANAGEMENT. COUNTY COMMISSIONERS, STATE LEGISLATORS AND IMPACTED COMMUNITIES SUPPORT THIS OVERDUE ACTION. CONGRESS IS ABOUT 40 YEARS LATE IN UNLOCKING MONTANA'S PUBLIC LANDS AND INCREASING PUBLIC ACCESS TO THEM. IT'S TIME TO FINISH THE JOB. THANK YOU, MR. SPEAKER, AND I YIELD BACK.

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        • 12:07:21 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN…

          THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM FLORIDA SEEK RECOGNITION?

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        • 12:07:27 PM

          >>

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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        • 12:07:31 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

        • 12:07:36 PM

          >>

          MR. SPEAKER, IT'S BEEN JUST 20 DAYS SINCE THE SHOOTING AT MARJORY STONEMAN…

          MR. SPEAKER, IT'S BEEN JUST 20 DAYS SINCE THE SHOOTING AT MARJORY STONEMAN DOUGLAS IN PARKLAND, FLORIDA, BUT WHEN YOU SPEND THOSE DAYS GOING TO FUNERALS AND MEMORIAL SERVICES AND VIGILS AND WHEN YOU SPEND THOSE DAYS MEETING WITH GRIEVING PARENTS WHO DON'T KNOW WHAT LIFE IS WITHOUT THEIR LOVED ONE AND WHEN YOU SPEND THOSE DAYS DEMANDING THAT THIS HOUSE TAKE ACTION, IT FEELS A LOT LONGER.

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        • 12:08:06 PM

          MR. DEUTCH

          LIFE MOVES ON, NEW HEADLINES FIGHT TO PUSH OUR PAIN ASIDE. ONE PARKLAND…

          LIFE MOVES ON, NEW HEADLINES FIGHT TO PUSH OUR PAIN ASIDE. ONE PARKLAND STUDENT STARTING HER FIRST FULL WEEK AT MARJORY STONEMAN DOUGLAS SINCE THE SHOOTING SAID THIS ON TWITTER -- THERE ARE NO MEDIA TRUCKS IN SIGHT. DON'T FORGET ABOUT PARKLAND. MR. SPEAKER, THE FIGHT IS NOT OVER. MR. SPEAKER, THIS CONGRESS CANNOT AND WILL NOT JUST MOVE ON FROM THIS TRAGEDY. THE NATION WILL NOT FORGET PARKLAND BECAUSE THIS TIME WE JOIN WITH THE MARJORY STONEMAN DOUGLAS STUDENTS IN DECLARING, NEVER AGAIN, AND I YIELD BACK.

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        • 12:08:51 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM NEW YORK SEEK RECOGNITION?

        • 12:08:54 PM

          >>

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE.

        • 12:09:00 PM

          ORE WITHOUT

          WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:09:02 PM

          MS. STEFANIK

          MR. SPEAKER, I RISE TODAY IN RECOGNITION OF THE HARD WORK AND DEDICATION…

          MR. SPEAKER, I RISE TODAY IN RECOGNITION OF THE HARD WORK AND DEDICATION OF OUR NORTH COUNTRY OLYMPIANS WHO MADE HISTORY AT THE 2018 WINTER GAMES IN PYEONGCHANG. THE UNITED STATES WOMEN'S BOBSLED TEAM TRAINED IN LAKE PLACID IN MY DISTRICT, FINISHED STRONG WITH AN INCREDIBLE SILVER WIN. WE'RE ALSO INCREDIBLY EXCITED WITH CHRIS, WHO MADE OLYMPIC HISTORY THIS YEAR, TAKING HOME TEAM U.S.A.'S FIRST-EVER MEDAL IN MEN'S SINGLES LUGE. CHRIS TRAINED TIRELESSLY AT THE OLYMPIC TRAINING CENTER IN LAKE PLACID AND I KNOW HE'S INSPIRED THE NEXT GENERATION FROM ACROSS OUR REGION. CHRIS, THE NORTH COUNTRY HAS BEEN BUZZING WITH EXCITEMENT SINCE THE WINTER GAMES BEGAN AND SEEING YOU ON THE PODIUM WAS AN INCREDIBLE MOMENT FOR US ALL. CONGRATULATIONS TO CHRIS AND TO ALL OF OUR OLYMPIANS WHO SHOWED THE WORLD JUST WHAT THE NORTH COUNTRY HAS TO OFFER. THANK YOU AND I YIELD BACK.

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        • 12:10:00 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MICHIGAN SEEK RECOGNITION?

        • 12:10:05 PM

          MR. KILDEE

          MR. SPEAKER, I SEEK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE.

        • 12:10:09 PM

          TEMPORE WITHOUT

          WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:10:11 PM

          MR. KILDEE

          THANK YOU, MR. SPEAKER. THIS WEEK IS GREAT LAKES WEEK. AS A MICHIGANNER, I…

          THANK YOU, MR. SPEAKER. THIS WEEK IS GREAT LAKES WEEK. AS A MICHIGANNER, I AM PROUD OF THE FACT -- MICHIGANDER, I AM PROUD OF THE FACT THAT CONGRESS HAS WORKED TO PROTECT THE GREAT LAKES. THE GREAT LAKES GENERATE BILLIONS OF DOLLARS IN ECONOMIC ACTIVITY AND PROVIDE DRINKING WATER TO 40 MILLION PEOPLE. WE HAVE TO DO EVERYTHING WE CAN TO PROTECT THEM FROM HARM. UNFORTUNATELY, PRESIDENT TRUMP RECENTLY UNVEILED HIS PROPOSED BUDGET, WHICH CUTS FUNDING TO THE GREAT LAKES BY 90%. IMPORTANT RESTORATION INITIATIVE THAT HAS SUCCEEDED AND HAS HAD BIPARTISAN SUPPORT. THE PRESIDENT NEARLY ELIMINATES. PROTECTING OUR GREAT LAKES HAS NEVER BEEN A PARTISAN ISSUE. DEMOCRATS AND REPUBLICANS HAVE COME TOGETHER BEFORE TO RESTORE FUNDING CUTS THAT WERE POE POSED BY PRESIDENT TRUMP. I'M CONFIDENT THAT WE WILL COME TOGETHER AGAIN. THIS GREAT LAKES WEEK, AS EVERY WEEK, I STAND UP FOR THE GREAT LAKES AND THOSE WHO DEPEND UPON THEM. THIS IS A CRITICAL WATER RESOURCE THAT MUST BE PROTECTED.

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        • 12:11:27 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM FLORIDA SEEK RECOGNITION?

        • 12:11:30 PM

          MS. ROS-LEHTINEN

          RECOGNITION?

        • 12:11:35 PM

          THE SPEAKER PRO TEMPORE

          MY REMARKS. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE GENTLEWOMAN IS…

          MY REMARKS. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

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        • 12:11:39 PM

          MS. ROS-LEHTINEN

          THANK YOU SO MUCH, MR. SPEAKER. I RISE TODAY TO RECOGNIZE ALBERTO CARVALO,…

          THANK YOU SO MUCH, MR. SPEAKER. I RISE TODAY TO RECOGNIZE ALBERTO CARVALO, THE SUPERINTENDENT OF MIAMI-DADE COUNTY PUBLIC SCHOOLS, THE NATION'S FOURTH LARGEST SCHOOL SYSTEM WITH MORE THAN 500,000 STUDENTS. FOR THE PAST DECADE, ALBERTO HAS WORKED TIRELESSLY ON BEHALF OF STUDENTS AND EDUCATORS THROUGHOUT MY CONGRESSIONAL DISTRICT. HIS EFFORTS HAVE PROPELLED MIAMI-DADE PUBLIC SCHOOLS INTO A POSITION OF NATIONAL PROMINENCE, AND IT IS NOW ONE OF THE NATION'S HIGHEST PERFORMING URBAN SCHOOL SYSTEMS. RECENTLY, CARVALO WAS OFFERED THE OPPORTUNITY OF A LIFETIME, TO RUN THE LARGEST SCHOOL SYSTEM IN THE COUNTRY, AND THAT IS CHANCELLOR OF NEW YORK CITY SCHOOLS, BUT HE SHOWED HIS DEDICATION AND COMMITMENT TO SOUTH FLORIDA STUDENTS AND TEACHERS WHEN HE DECIDED TO STAY IN MIAMI-DADE. AND AS A FORMER FLORIDA CERTIFIED TEACHER, I AM SO GLAD THAT HE IS STAYING TO CONTINUE LEADING MIAMI-DADE COUNTY PUBLIC SCHOOLS. MR. SPEAKER, ON BEHALF OF OUR GRATEFUL COMMUNITY AND COUNTLESS INDIVIDUALS WHO HAVE BEEN POSITIVELY IMPACTED BY ALBERTO CARVALO'S UNWAVERING DEDICATION, I WANT TO SAY THANK YOU, AMIGO. PLEASE STAY. THANK YOU.

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        • 12:12:59 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION?…

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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        • 12:13:07 PM

          MR. HIGGINS

          MR. SPEAKER, NINE YEARS AGO CONTINENTAL FLIGHT 3407 CRASHED IN WESTERN NEW…

          MR. SPEAKER, NINE YEARS AGO CONTINENTAL FLIGHT 3407 CRASHED IN WESTERN NEW YORK, KILLING ALL ABOARD AND ONE ON THE GROUND. THE NATIONAL TRANSPORTATION SAFETY BOARD FOUND THAT THE CAUSE OF THE CRASH WAS PILOT ERROR AND POOR TRAINING. PRIOR TO THE ENACTMENT OF FLIGHT SAFETY LAWS, THERE WERE TWO LEVELS OF SAFETY. ONE FOR THE MORE -- ONE MORE STRINGENT FOR THE COMMERCIAL CARRIERS THAT WE'RE ALL FAMILIAR WITH AND ONE CONSIDERABLY LESS STRINGENT FOR THE ONES THAT WE ARE LESS AWARE OF. AND THERE WERE TWO LEVELS OF SAFETY. NOW THERE IS ONLY ONE. BECAUSE OF THE COURAGEOUS WORK OF THE FAMILIES OF THE SURVIVORS THAT CAME TO CONGRESS AND ENACTED OR HELP CONGRESS ENACT VERY STRICT SAFETY REGULATIONS. WE HAVE NOT HAD A COMMERCIAL CRASH THAT ENDED UP IN FATALITY SINCE THAT TIME. IT'S IMPORTANT WE NOT ROLL BACK THE SAFETY STANDARDS AS THEY ARE BASED ON THE NATIONAL TRANSPORTATION SAFETY BOARD'S FINDINGS AND THE WORK OF THIS CONGRESS. I YIELD BACK THE BALANCE OF MY TIME.

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        • 12:14:16 PM

          THE SPEAKER PRO TEMPORE

          FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS…

          FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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        • 12:14:25 PM

          MR. SMITH

          MR. SPEAKER, THE SPECIAL COUNSEL INVESTIGATION HAS PUSHED WAY BEYOND ITS…

          MR. SPEAKER, THE SPECIAL COUNSEL INVESTIGATION HAS PUSHED WAY BEYOND ITS AUTHORIZED PURPOSE. RECENT REPORTS INDICATE THAT INDIVIDUALS HAVE BEEN QUESTIONED ABOUT PRESIDENT TRUMP'S BUSINESS ACTIVITIES PRIOR TO HIS ENTERING THE 2016 CAMPAIGN. THE PRIVATE INTEREST OF TRUMP FAMILY MEMBERS ALSO ARE BEING PROBED. THESE LINES OF INVESTIGATION CLEARLY VIOLATE THE SCOPE OF THE SPECIAL COUNSEL, WHICH IS LIMITED TO, QUOTE, ANY LINKS AND/OR COORDINATION BETWEEN THE RUSSIAN GOVERNMENT AND INDIVIDUALS ASSOCIATED WITH THE CAMPAIGN, END QUOTE. IN THE INTEREST OF JUSTICE, THE INVESTIGATION MUST BE LIMITED. THE DEPUTY ATTORNEY GENERAL SHOULD DO SO PLEADLY TO ENSURE A FAIR -- DO SO IMMEDIATELY TO ENSURE A FAIR PROCESS. A ROGUE INVESTIGATION SHOULD NOT BE ALLOWED TO CONTINUE. .

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        • 12:15:22 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM THE DISTRICT OF COLUMBIA SEEK…

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM THE DISTRICT OF COLUMBIA SEEK RECOGNITION? WITHOUT OBJECTION THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

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        • 12:15:33 PM

          MS. HOLMES

          FLORIDA STATE SENATE GOT SHOCK NUFFED BY THE SHOOTING TO PASS A GUN SAFETY…

          FLORIDA STATE SENATE GOT SHOCK NUFFED BY THE SHOOTING TO PASS A GUN SAFETY BILL. THE FLORIDA HOUSE HAS JET TO ACT. WHATEVER FLORIDA DOES, RUBIO'S TOKEN GUN BILL IN FLORIDA IS BELIED BY HIS PENDING BILL TO ELIMINATE VIRTUALLY ALL OF THE DISTRICT OF COLUMBIA'S GUN SAFETY LAWS. WORSE, RUBIO HAS PUT HIS D.C. BILL IN THE CONGRESS ORIGINALLY TO RAISE HIS N.R.A. RATING FOR THE LAST TWO CONGRESSES. IT DID RAISE THE RATING FROM D PLUS TO A. I'VE MANAGED TO SAVE D.C.'S GUN SAFETY LAWS, BUT RUBIO'S SHAMEFULLY TOKEN RESPONSES IN THE SENATE TO THE PARKLAND TRAGEDY WILL BE SEEN AS ONE MORE ACT OF HYPOCRISY UNTIL HE STOPS MEDDLING IN MY DISTRICT'S AFFAIRS AND WITHDRAWS HIS D.C. GUN BILL.

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        • 12:16:44 PM

          THE SPEAKER PRO TEMPORE

          AND PERSONALITIES TOWARD MEMBERS IN THE SENATE. FOR WHAT PURPOSE DOES THE…

          AND PERSONALITIES TOWARD MEMBERS IN THE SENATE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

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        • 12:16:56 PM

          >>

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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        • 12:17:01 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:17:12 PM

          MR. POE

          IN THE EARLY MORNING HOURS, IT WAS COLD, DAMP, AND DARK IN THE OLD SPANISH…

          IN THE EARLY MORNING HOURS, IT WAS COLD, DAMP, AND DARK IN THE OLD SPANISH MISSION, THE ALAMO. MARCH 6, 1836. A BATTLE FOR TEXAS INDEPENDENCE. A SMALL BAND OF 186 TEXIANS AND THE HAW KNOWS HAD ALREADY REBELED -- REPELLED TWO ATTEMPTS BY DICTATOR SANTA ANA AND HIS ARMY OF THOUSANDS TO TAKE THE GARRISON. ON THIS MORNING, THE ENEMY OVERWHELMED THE VOLUNTEERS AND KILLED THEM ALL, SURVIVORS WERE MURDERED. TRAVELS WROTE IN A LETTER ON MARCH 3 THAT A VICTORY BY THE ENEMY WILL COST SANTA ANA MORE THAN DEFEAT. HE WAS RIGHT, THE ENEMY LOSSES WERE STAGGERING. AND IT GAVE SAM HOUSTON TIME TO RAISE ANOTHER ARMY. TEXAS THEN WAS A REPUBLIC. IT WAS SUCCESSFUL BECAUSE THE ALAMO DEFENDERS BELIEVED DEATH WAS PREFERABLE TO TYRANNY. TODAY WE HONOR THEIR SACRIFICE ON THE ALTAR OF LIBERTY. THAT'S JUST THE WAY IT IS, EYE YIELD BACK.

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        • 12:18:22 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM ILLINOIS SEEK RECOGNITION?

        • 12:18:25 PM

          >>

          I ASK PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE AND RHETT LET'S --…

          I ASK PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE AND RHETT LET'S -- AND REVISE AND EXTEND MY REMARKS.

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        • 12:18:32 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:18:34 PM

          >>

          THANK YOU, MR. SPEAKER. LAST WEEK I WAS INVITED TO THE WHITE HOUSE TO MEET…

          THANK YOU, MR. SPEAKER. LAST WEEK I WAS INVITED TO THE WHITE HOUSE TO MEET WITH PRESIDENT TRUMP AND HIS ADVISORS TO DISCUSS TRADE AND THE RENEGOTIATION OF NAFTA. MY DISTRICT IS THE EIGHTH LARGEST AGRICULTURE DISTRICT IN THE COUNTRY. FOR DISTRICTS LOIK MINE, THE FREEH TRADE IS CRUCIAL TO ENSURING THAT THERE ARE NEW MARKETS FOR OUR FARMERS AN MANUFACTURING, TO SELL THEIR PRODUCTS AND GOODS. THAT IS WHY I URGE THE PRESIDENT TO MAINTAIN AND STRENGTHEN OUR EXISTING TRADE AGREEMENTS INCLUDING AND A HALF TAFMENT NOT WITHDRAW OR CREATE NEW BARRIERS TO FREE TRADE. THE AMERICAN ECONOMY IS CURRENTLY BOOMING. THANKS TO ONCE IN A LIFETIME TAX REFORM. WITH DISPOSABLE INCOME SEEING ITS HIGHEST JUMP SINCE 2015. WE SHOULD BE WORKING TO BUILD UPON THIS SUCCESS, NOT INSTITUTING PROTECTIONIST TARIFFS THAT COULD START A TRADE WAR. IN THE END THE COST OF TARIFFS ARE PASSED ON TO CONSUMERS. AND ACT LIKE A NEW FORM OF TAXATION, WHICH COULD UNDO MUCH OF THE GAIN WE WAS SEEN SINCE TAX REFORM. I URGE THE PRESIDENT AND HIS TEAM TO RECONSIDER THE BLANKET TARIFFS DISCUSSED LAST WEEK AND INSTEAD FOCUS ON FIGHTING SPECIFIC, UNFAIR TRADE PRACTICES THAT PUT AMERICAN BUSINESSES AT A DISADVANTAGE. I YIELD BACK.

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        • 12:19:48 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM SOUTH CAROLINA SEEK RECOGNITION?

        • 12:19:55 PM

          >>

          ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND EXTEND MY REMARKS.

        • 12:20:00 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:20:06 PM

          MR. WILSON

          RAME IS OUR ALLY IN THE NORTHEAST AND WE MUST STAND UP FOR OUR FRIENDS. WE…

          RAME IS OUR ALLY IN THE NORTHEAST AND WE MUST STAND UP FOR OUR FRIENDS. WE HAVE SEEN SIX ANTI-ISRAEL RESOLUTIONS PASSEDS IN THE LAST YEAR ALONE. THIS IS HYPOCRITICAL DISCRIMINATION. THAT'S WHY I INTRODUCED HOUSE RESOLUTION 728 WHICH RECOGNIZE HS THAT THE UNITED NATIONS HUMAN RIGHTS COUNCIL WASTES TAXPAYER MONEY BY TARGETING ISRAEL AND REITERATES THEY NEED TO STOP THIS SHAMEFUL BEHAVIOR TOWARD ISRAEL. EVEN THE U.N. SEC RETEAR GENERAL HAS PRONOUNCED DISAPPOINTMENT WITH THE HUMAN RIGHTS COUNCIL SINGLING ISRAEL GIVEN THE OTHER VIOLATIONS OCCURRING AROUND THE WORLD. I WAS GRATEFUL TO ATENT THE AIPAC CONFERENCE THIS WEEKEND WHERE I PARTICIPATED ON A DISCUSSION OF THREATS FROM GAZA. I HIGHLIGHTED THE THREATS THEY FACE SUCH AS THE HAMAS TUNNELS AND TALKED ABOUT THE WAYS TO ADDRESS -- THE UNITED STATES CAN HELP ADDRESS THE THREATS OF KIDNAPPING AND MURDER. GOD BLESS OUR TROOP, WE WILL NEVER FORGET SEPTEMBER 11 AND THE GLOBAL WAR ON TERRORISM. AMERICANS APPRECIATE PRIME MINISTER BENJAMIN NETANYAHU FOR HIS VISIT TO CONGRESS TODAY.

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        • 12:21:25 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM PENNSYLVANIA SEEK RECOGNITION?

        • 12:21:28 PM

          >>

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND…

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND EXTEND MY REMARKS.

          Show Full Text
        • 12:21:33 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:21:36 PM

          >>

          THANK YOU, MR. SPEAKER. THIS AFTERNOON I'LL MEET WITH LEADERS FROM THE…

          THANK YOU, MR. SPEAKER. THIS AFTERNOON I'LL MEET WITH LEADERS FROM THE SCHOOL NUTRITION ASSOCIATION OF PENNSYLVANIA, COMMONLY KNOWN AS SNAP--PA, A STATEWIDE ORGANIZATION OF SCHOOL NUTRITION PROFESSIONALS.

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        • 12:21:50 PM

          MR. THOMPSON

          THEY WORK TO ADVANCE QUALITY CHILD NUTRITION PROGRAMS THROUGH EDUCATION…

          THEY WORK TO ADVANCE QUALITY CHILD NUTRITION PROGRAMS THROUGH EDUCATION AND ADVOCACY. IT'S AN ALL-VOLUNTEER BOARD OF DIRECTORS ELECTED BY ITS MEMBERSHIP WHICH CURRENTLY STANDS AT MORE THAN 2,300 INDIVIDUALS. AS CHAME OF THE AGRICULTURE SUBCOMMITTEE ON NUTRITION, A SENIOR MOBE THEN HOUSE EDUCATION WORK FORCE COMMITTEE, I KNOW THE ESSENTIAL SERVICES SNAP-PA WORKS TO PROVIDE. STUDENTS RECEIVE HIGH QUALITY, LOW COST MEALS THANKS TO SNAP-PA. MR. SPEAKER, IT IS IMPORTANT TO REMEMBER THAT FOR SOME STUDENT THE ONLY MEAL THEY MAY RECEIVE MAY BE AT SCHOOL. THIS ORGANIZATION WORKS TO KEEP OUR CHILDREN HELICOPTERY AND EBB SURES THEY HAVE HEALTHY OPTIONS FOR THE SCHOOL PROGRAMS. I LOOK FORWARD TO WORKING WITH THEM AND THANK SNAP-PA FOR ADVANCING THE AVAILABILITY, CALL AND ACCEPTANCE OF JUNIOR HIGH SCHOOL NUTRITION PROGRAMS AS AN ENESSENTIAL PART OF EDUCATION IN PENNSYLVANIA FOR MORE THAN 60 YEARS. THANK YOU AND I YIELD BACK.

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        • 12:22:52 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

        • 12:22:55 PM

          >>

          I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE, MR. SPEAKER.

        • 12:22:58 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

        • 12:23:01 PM

          >>

          MR. SPEAKER, I RISE IN SUPPORT OF THE COMPREHENSIVE REGULATORY REVIEW ACT.…

          MR. SPEAKER, I RISE IN SUPPORT OF THE COMPREHENSIVE REGULATORY REVIEW ACT. AS A FORMER REGULATOR AT THE FDIC, I CAN TELL YOU THAT THE ROAD TO A REALLY BAD ECONOMY IS PAVED WITH SEEMINGLY GOOD REGULATIONS. REGULATIONS LIKE THE ONES THAT CAME OUT OF DODD-FRANK WERE INTENDED TO PROTECT THE CONSUMER. BUT ENDED UP CREATE MANAGER BURDEN, MORE COMPLEXITY, MORE COST AND FEWER CHOICES AND OH, BY THE WAY, IT DESTROYS RELATIONSHIP BANKING IN RURAL AMERICA AND DISTRICTS I REPRESENT. THE BEST WAY TO PROTECT CONSUMERS AND WEED OUT THE BAD-ACTING BUSINESSES IS A HEALTHY MARKET WITH ROBUST COMPETITION, TRANSPARENCY AND MORE CHOICES FOR THE CONSUMER. THE LAST EIGHT YEARS GAVE US AN ADMINISTRATIONIVE STATE IN PLACE OF THE FREEST AND GREATEST ECONOMY IN THE WORLD. WE INHERED TRILLIONS OF DOLLARS IN REGULATORY COST, MILLIONS OF HOURS IN PAPERWORK AND AN ECONOMY THAT'S GRINDED TO A NEAR HALT. LET'S CONTINUE TO REIN IN THE UNNECESSARY REGULATIONS, LET'S GET THIS ECONOMY GROWING AGAIN, AND LET'S MAKE AMERICA GREAT AGAIN. I YIELD BACK.

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        • 12:24:07 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA SEEK RECOGNITION?…

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA SEEK RECOGNITION? WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

          Show Full Text
        • 12:24:19 PM

          >>

          THANK YOU, MR. SPEAKER. LAST DECEMBER THE THOMAS FIRE RAGED THROUGH…

          THANK YOU, MR. SPEAKER. LAST DECEMBER THE THOMAS FIRE RAGED THROUGH VENTURA AND SANTA BARBARA COUNTY, EVENTUALLY BECOMING THE LARGEST WILDFIRE IN CALIFORNIA'S HISTORY. OUR HEROIC FIREFIGHTERS LEFT THEIR FAMILIES BIND IN THE HOLIDAY SEASON TO FIGHT TIRELESSLY ON THE FRONT LINES, SAVING HOMES, BUSINESSES, AND LIVES. A FEW SHORT WEEKS LATER, OUR FIRST RESPONDERS WERE CALLED BACK INTO ACTION WHEN HEAVY RAINS BROUGHT DEBRIS FLOWS THAT TRAGICALLY CLAIMED THE LIVES OF 23 PEOPLE IN MONT SEE TOE. AS RESIDENTS WERE EVACUATING, THESE BRAVE FIRE FIGHTERS RAN TOWARD THE DISASTER WITHOUT A SECOND THOUGHT. PULLING PEOPLE OUT OF THE MUD AND DEBRIS FOR DAYS AFTERWARD. I'D LIKE TO THANK ALL OUR FIRST RESPONDERS TO -- RESPONDERS WHO SO BRAVELY ANSWERED THE CALL OF DUTY IN THESE SEASONS. WITH US HERE TODAY ARE FIREFIGHTERS FROM I.F.F. LOCAL 2046, CAL FIRE LOCAL 2881, AND THE VENTURA COUNTY AND CALIFORNIA PROFESSIONAL FIREFIGHTERS ASSOCIATION. THANK YOU ALL FOR YOUR UNPARALLELED LEVEL OF SERVICE TO KEEP OUR LOVED ONES ON THE CENTRAL COAST SAFE. THANK YOU FOR YOUR SERVICE. MR. SPEAKER, I YIELD BACK.

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        • 12:25:40 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ALABAMA SEEK RECOGNITION?…

          FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ALABAMA SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

          Show Full Text
        • 12:25:53 PM

          >>

          MR. SPEAKER, I RISE TODAY TO SHARE THE NEWS THAT I RECENTLY RECEIVED THAT…

          MR. SPEAKER, I RISE TODAY TO SHARE THE NEWS THAT I RECENTLY RECEIVED THAT ALABAMA'S SECOND DISTRICT AS THE 13TH LARGEST POPULATION OF MILITARY RETIREES IN THE NATION.

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        • 12:26:04 PM

          MRS. ROBY

          IT GOES WITHOUT SAYING THAT THIS IS SIGNIFICANT. AT THE END OF LAST YEAR…

          IT GOES WITHOUT SAYING THAT THIS IS SIGNIFICANT. AT THE END OF LAST YEAR THERE WERE MORE THAN 16,000 RETIREES LIVING IN ALABAMA'S SECOND DISTRICT. WHILE I'M GLAD THESE RETIRED SERVICE MEMBERS CHOSE US, WE ARE TRULY HONORED TO HAVE THEM. AS THEIR NEIGHBORS IT IS OUR JOB TO MAKE SURE THEY FELL AT HOME, WELCOME AND MOST OF ALL APPRECIATED. SO MR. SPEAKER, TO THE 16,000 RETIRED MILITARY PERSONNEL WHO CALL ALABAMA'S SECOND DISTRICT HOME, I JOIN OUR STATE AND COMMUNITY IN THANKING YOU FOR YOUR SERVICE TO OUR COUNTRY. WE THANK YOU FOR SACRIFICING ON OUR BEHALF. NOW LET US CARE FOR YOU. THAT STARTS WITH MAKING SURE THAT OUR SET RANS ARE RECEIVING THE CARE THAT THEY WERE PROMISED WHEN THEY SIGNED UP TO PUT THEIR LIVES ON THE LINE FOR THIS NATION. IF YOU ARE A VETERAN WHO NEEDS ANY KIND OF CASE WORK ASSISTANCE WITH THE DEPARTMENT OF VETERANS' AFFAIRS, SOCIAL SECURITY ADMINISTRATION, OR OTHER FEDERAL AGENCY, PLEASE CONTACT MY OFFICE NOW. DO NOT PUT THIS OFF. MY STAFF AND I WORK FOR YOU, WE ARE GRATEFUL FOR YOU AND AS A REPRESENTATIVE OALABAMA'S SECOND DISTRICT I'M HERE TO FIGHT FOR YOU. THANK YOU, I YIELD BACK.

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        • 12:27:14 PM

          THE SPEAKER PRO TEMPORE

          THE CHAIR LAY PFERS THE HOUSE AN ENROLLED BILL.

        • 12:27:20 PM

          THE CLERK

          H.R. 3656 TO PROVIDE FOR A CONSISTENT ELIGIBILITY DATE FOR PROVISION OF…

          H.R. 3656 TO PROVIDE FOR A CONSISTENT ELIGIBILITY DATE FOR PROVISION OF DEPARTMENT OF VETERANS' AFFAIRS MEMORIAL HEADSTONES AND MARKERS FOR ELIGIBLE SPOUSES AND DEPENDENT CHILDREN OF VETERANS WHOSE REMAINS ARE UNAVAILABLE.

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        • 12:27:37 PM

          THE SPEAKER PRO TEMPORE

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS, MR. HENSARLING, SEEK…

          FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS, MR. HENSARLING, SEEK RECOGNITION?

          Show Full Text
        • 12:27:41 PM

          Considered under the provisions of rule H. Res. 747. H.R. 4607 — "To amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes."

          • 12:27:43 PM

            MR. HENSARLING

            PURSUANT TO HOUSE RESOLUTION 747, I CALL UP H.R. 4607 AND ASK FOR ITS…

            PURSUANT TO HOUSE RESOLUTION 747, I CALL UP H.R. 4607 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE.

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        • 12:27:46 PM

          Rule provides for consideration of H.R. 4296 and H.R. 4607. Rule provides for consideration of H.R. 4296 and H.R. 4607 under closed rules with one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services for each measure.

          • 12:27:53 PM

            THE SPEAKER PRO TEMPORE

            THE CLERK WILL REPORT THE TITLE OF THE BILL.

          • 12:27:56 PM

            THE CLERK

            UNION CALENDAR NUMBER 433, H.R. 4607, A BILL TO AMEND THE ECONOMIC GROWTH…

            UNION CALENDAR NUMBER 433, H.R. 4607, A BILL TO AMEND THE ECONOMIC GROWTH AND PAPERWORK REDUCTION ACT OF 1996 TO ENSURE THAT FEDERAL FINANCIAL REGULATORS PERFORM A COMPREHENSIVE REVIEW OF REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON COVERED PERSONS AND FOR OTHER PURPOSES.

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          • 12:28:19 PM

            THE SPEAKER PRO TEMPORE

            PURR SUNE TO HOUSE RESOLUTION 747, AN AMENDMENT IN THE NATURE OF A…

            PURR SUNE TO HOUSE RESOLUTION 747, AN AMENDMENT IN THE NATURE OF A SUBSTITUTE CON SITHSING OF THE TEXT OF RULES COMMITTEE PRINT 115-61, MODIFIED BY THE AMENDMENT PRINTED IN PART B OF HOUSE REPORT 115-582 IS ADOPTED AND THE BILL AS AMENDED IS CONSIDERED READ. THE BILL SHALL BE DEBATABLE FOR ONE HOUR, EQUALLY DIVIDED AND CONTROLLED BY THE CHAIR AND RANKING MEMBER OF THE COMMITTEE ON FINANCIAL SERVICES. THE GENTLEMAN FROM TEXAS, MR. HENSARLING, AND THE GENTLEWOMAN FROM CALIFORNIA, MS. WATERS, EACH WILL CONTROL 30 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS.

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      • 12:28:42 PM

        DEBATE

        The House proceeded with one hour of debate on H.R. 4607.

        • 12:29:04 PM

          MR. HENSARLING

          I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO…

          I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND SUBMIT EXTRANEOUS MATERIALS ON THE BILL UNDER CONSIDERATION.

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        • 12:29:12 PM

          THE SPEAKER PRO TEMPORE

          WITHOUT OBJECTION, SO ORDER.

        • 12:29:14 PM

          MR. HENSARLING

          I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

        • 12:29:16 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN IS RECOGNIZED.

        • 12:29:19 PM

          MR. HENSARLING

          BEFORE PR SEEDING TO THE BILL BEFORE US ON THE HOUSE, NOT UNLIKE YOURSELF…

          BEFORE PR SEEDING TO THE BILL BEFORE US ON THE HOUSE, NOT UNLIKE YOURSELF I AM A PROUD TEXAN. IN MY DAYS A FIFTH GENERATION TEXAN. LISTEN VERY CAREFULLY TO THE GENTLEMAN FROM TEXAS, JUDGE POE, I DO WISH TO REMEAN MY COLLEAGUES THAT IT WAS THIS DAY IN 1836 THAT BRAVE MEN IN TEXAS TOOK ON THE MINIONS OF TYRANNY AT THE ALAMO. ALTHOUGH THEY LOST THAT BATTLE, THEY INSPIRED THEIR NATION AT THE TIME, TEXAS, THAT WOULD LATER BECOME PART OF OUR NATION. SO ON THIS DAY THAT IS SPECIAL TO ALL TEXANS, IT SHOULD BE SPECIAL TO ALL AMERICANS, WE REMEMBER THE CRADELE OF LIBERTY, REMEMBER THE ALAMO, GOD BLESS TEXAS. MR. SPEAKER, OTHERWISE, I RISE ALSO TODAY IN SUPPORT OF H.R. 3607, WHICH IS A VERY IMPORTANT PIECE OF LEGISLATION BROUGHT TO US BY VERY HARDWORKING MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MR. LAUDERMILK OF GEORGIA. IT IS -- MR. LOUDERMILK OF GEORGIA. IT ADDRESSES THE DUPELY KATIVE AND OUTDATED REGULATIONS THAT TOO OFTEN HAVE IMPOSED COSTS ON OUR COMMUNITY FINANCIAL INSTITUTIONS THAT ULTIMATELY MAKE CREDIT MORE EXPENSIVE AND LESS AVAILABLE TO OUR CONSTITUENTS. IT PASSED OUT OF THE COMMITTEE WITH A VERY STRONG BIPARTISAN VOTE OF 38-17 AND I CONGRATULATE HIM FOR HIS BILL. . SPECIFICALLY, MR. SPEAKER, THIS BILL REQUIRES THAT ALL OF THE REGULATORS THAT NOW INCLUDE THE CFPB AND THE NCUA, THE NATIONAL CREDIT UNION ASSOCIATION. IT ENSURES THAT ALL OF OUR FINANCIAL REGULATORS, NOT JUST SOME, BUT ALL WILL PARTICIPATE IN THE ECONOMIC GROWTH AND REGULATE PAPERWORK REDUCTION ACT NOR AS EGRPRA, A LAW THAT DATES BACK TO THE CLINTON ERA, AND MAKES SURE THAT ALL AGENCIES THAT ARE PRESCRIBED BY THEMSELVES OR IMPACTS OUR FINANCIAL INSTITUTIONS. THE PERSON OF THIS REVIEW, AGAIN, IS TO REDUCE REGULATION THAT'S PROVEN OVERLY BURDENSOME, DUPLICATIVE WHILE MAINTAINING OUR SAFETY AND SOUNDNESS STANDARDS. MR. SPEAKER, ALL THIS IS IS A REVIEW. IT ENSURES A REVIEW. THIS BILL MAKES SURE THESE AGENCIES MEET EVERY SEVEN YEARS FOR COMPREHENSIVE REGULATE EVALUATION AS OPPOSED TO THE CURRENT 10-YEAR STANDARD. THIS IS ESPECIALLY IMPORTANT -- AND I SALUTE THE GENTLEMAN FROM GEORGIA FOR HIS LEADERSHIP -- BECAUSE WE HAVE SEEN OUR FINANCIAL SECTOR OF THE ECONOMY SUFFER UNDER THE WEIGHT, THE LOAD, THE BURDEN OF REGULATION, PARTICULARLY BECAUSE SIX OF THE SEVEN HEAVIEST REGULATE YEARS OCCURRED UNDER THE LAST ADMINISTRATION. SO WE NEED A MORE THOROUGH REVIEW OF THESE REGULATIONS. REQUIRING OUR FEDERAL AGENCIES TO SIMPLY REVIEW THEIR ACTIONS IN A TRANSPARENT MANNER ON A MORE FREQUENT BASIS, IT'S SIMPLE, IT'S FAIR, IT'S STRAIGHTFORWARD, IT IS WISE. MR. SPEAKER, A HEALTHY FINANCIAL SYSTEM THAT PROVIDES EQUAL OPPORTUNITY TO ALL AMERICANS TO ACHIEVE FINANCIAL INDEPENDENCE CAN ONLY EXIST IF WE HAVE SMART REGULATION. AND THE EXPLOSIVE GROWTH OF REGULATION FOLLOWING THE ENACTMENT OF DODD-FRANK HAS MADE IT SIGNIFICANTLY HARDER FOR OUR COMMUNITY BANKS AND CREDIT UNIONS TO SERVE THEIR CUSTOMERS AND MEMBERS. AND IN FACT, THE COMPLEXITY AND COST OF THIS REGULATE BURDEN HAS FORCED MANY OF THEM OUT OF BUSINESS OR HAS FORCED THEM TO CUT BACK SERVICES TO THEIR CUSTOMERS AND MEMBERS. AND IT'S ONE OF THE REASONS WHY ON AVERAGE WE CONTINUE TO LOSE ONE COMMUNITY BANK OR CREDIT UNION A DAY OR EVERY OTHER DAY IN AMERICA. THIS SHOULD NOT BE HAPPENING. BUT ULTIMATELY, MR. SPEAKER, IT'S NOT THE BANKS AND CREDIT UNIONS WE'RE SO CONCERNED ABOUT. IT'S THEIR CUSTOMERS. IT'S CUSTOMERS LIKE MISSOURI MOM MICHELLE WHO EXPLAINED TO US HOW FRUSTRATING IT HAS BEEN FOR HER 20-YEAR-OLD DAUGHTER WITH A FULL-TIME JOB TO GET A LOAN TO BUY HER FIRST CAR. AGAIN, HER DAUGHTER HAS A FIRST-TIME JOB, AND AS MICHELLE EXPLAINED TO US, QUOTE, IT'S A CATCH 22. YOU NEED CREDIT TO GET CREDIT BUT NO ONE WILL GIVE YOU THE CREDIT TO BEGIN WITH. I WOULD LIKE TO SEE OUR YOUNG ADULTS BE ABLE TO BUILD THE CREDIT THEY NEED SO THEY CAN HAVE A DECENT FUTURE. MR. SPEAKER, IT'S FOR PEOPLE LIKE MICHELLE AND HER DAUGHTER THAT WE NEED THIS REGULATE REVIEW. IT'S WHY WE NEED THE BILL FROM THE GENTLEMAN FROM GEORGIA. THESE ARE THE PEOPLE WE'RE TRYING TO HELP. OR LIKE ANN IN WISCONSIN WHO'S TRYING TO GET A LOAN TO REMODEL HER ATTACHED GARAGE WHEN HER SON WAS BORN AND SHE SAID, QUOTE, MY HUSBAND AND I HAVE VERY HIGH CREDIT SCORES AND WE HAVE EQUITY IN OUR HOME. BUT BECAUSE MY HUSBAND HAS A SEASONAL JOB AND FINDS OTHER EMPLOYMENT IN THE WINTER, THE MANY BANKS WE CONTACTED REJECTED OUR LOAN REQUEST. THEY BASE THAT ON OUR ANNUAL INCOME ONLY ON THE JOB HE WAS CURRENTLY IN AND SAID IT WAS PART OF THE NEW REGULATION. WELL, OF COURSE IT IS, MR. SPEAKER. THAT'S WHY THEY NEED TO BE REVIEWED. IT'S PEOPLE LIKE ANN IN WISCONSIN WE NEED TO HELP. OUR DAN, A NAVY VETERAN FROM ILLINOIS, WHO ACTUALLY HAD TO CLOSE DOWN, CLOSE DOWN THE SMALL AUTO FINANCE COMPANY HE STARTED WITH HIS WIFE 25 YEARS AGO, AND HE HAD TO CLOSE IT DOWN BECAUSE OF NEW FEDERAL REGULATION. HE EXPLAINS, QUOTE, LARGE COMPANIES CAN AFFORD A SEPARATE LEGAL DEPARTMENT TO DEAL WITH THESE ISSUES AND THE MYRIAD OF NEW REGULATIONS. A SMALL BUSINESS LIKE OURS CANNOT. WE HAD TO MAKE A DECISION. IT WAS JUST NOT WORTH THE RISK TO CONTINUE OPERATIONS IN THIS ANTI-BUSINESS ENVIRONMENT, UNQUOTE. SO, MR. SPEAKER, IT'S PEOPLE LIKE MICHELLE, IT'S PEOPLE LIKE ANN, IT'S PEOPLE LIKE DAN WHO DESERVE THE OPPORTUNITY TO HAVE CREDIT FOR THEIR HOMES, THEIR AUTOS, THEIR SMALL BUSINESSES. AND SO WE MUST ENSURE THAT ALL OF OUR FEDERAL REGULATORS, ALL OF OUR FEDERAL FINANCIAL REGULATORS TAKE A THOROUGH COMPREHENSIVE VIEW -- REVIEW OF THEIR REGULATE BURDEN SO WE CAN CONTINUE TO SUPPORT THE PEOPLE WHO NEED CREDIT. H.R. 4607, AGAIN, HAS GARNERED STRONG BIPARTISAN SUPPORT. IT IS PRACTICAL. IT IS COMMON SENSE AND I URGE ALL OF MY COLLEAGUES TO ADOPT IT AND I RESERVE THE BALANCE OF MY TIME.

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        • 12:36:21 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS…

          THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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        • 12:36:27 PM

          MS. WATERS

          THANK YOU VERY MUCH. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR.…

          THANK YOU VERY MUCH. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR. SPEAKER, I RISE IN OPPOSITION TO H.R. 4607, THE SO-CALLED COMPREHENSIVE REGULATORY REVIEW ACT. SO INSTEAD OF ADVANCING LEGISLATION THAT IMPROVES OUR FINANCIAL REGULATE FRAMEWORK, THE REPUBLICAN MAJORITY IS PUSHING YET ANOTHER BILL THAT IS A GIVEAWAY TO WALL STREET AND PREDATORY LENDERS. LET'S BE CLEAR. THIS BILL IS INTENDED TO DISMANTLE RULES CONSIDERED INCONVENIENT BY THE FINANCIAL SERVICES INDUSTRY. IF THIS BILL WERE ENACTED, FINANCIAL SERVICES REGULATORS WILL BE FORCED TO SPEND MORE TIME AND RESOURCES ON BACKWARD-LOOKING REVIEWS AND DEREGULATING THE FINANCIAL SERVICES INDUSTRY RATHER THAN STRENGTHENING PROTECTIONS FOR CONSUMERS AND THE ECONOMY. ALLOW ME TO EXPLAIN. THE ECONOMIC GROWTH AND REGULATE PAPER REDUCTION ACT, OR EGRPRA, CURRENTLY REQUIRES THE FEDERAL RESERVE, THE FDIC, AND THE O.C.C. TO CONDUCT A REVIEW OF THE REGULATIONS THAT THEY HAVE ISSUED IN ORDER TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATE REQUIREMENTS IMPOSED ON INSURED DEPOSITORY INSTITUTIONS. THE BANKING REGULATORS CONDUCT THIS REVIEW EVERY 10 YEARS, BUT UNTIL NOW THIS REVIEW HAS BEEN A RELATIVELY BALANCED CAREFUL ASSESSMENT THAT BANKING REGULATORS HAVE DONE TWICE IN THE LAST TWO DECADES. AND THE REGULATORS HAVE TAKEN THIS PROCESS SERIOUSLY. THE LAST REVIEW TOOK ABOUT THREE YEARS TO COMPLETE. IT INVOLVED FIELD HEARINGS AND PUBLIC ENGAGEMENT. THE FINAL REVIEW INCLUDED MANY BALANCED AND THOUGHTFUL RECOMMENDATIONS TO IMPROVE RULES, MANY OF THESE THAT WOULD PROVIDE RELIEF FOR COMMUNITY BANKS AND CREDIT UNIONS BUT IN A WAY THAT ALSO MAINTAINS SAFEGUARDS FOR CONSUMERS AND PROTECTS THE INTERESTS OF THE PUBLIC AND THE BROADER ECONOMY. UNFORTUNATELY, H.R. 4607, THIS BILL, WILL MAKE THREE MAJOR MISTAKES IN CHANGING THE CURRENT REVIEW PROCESS. FIRST, THIS BILL ACTUALLY REQUIRES REGULATORS TO CHANGE REGULATIONS SO THAT THEY ARE LESS COSTLY AND BURDENSOME FOR, QUOTE, COVERED PERSONS, END QUOTE. WELL, WHO ARE THESE COVERED PERSONS? THEY ARE THE MILLIONS OF CONSUMERS WHO WERE HARMED BY WELLS FARGO'S SCHEME TO OPEN FRAUDULENT ACCOUNTS WITHOUT THEIR KNOWLEDGE. WERE THEY? NO. ARE THEY THE MANY CONSUMERS WHO LEARNED JUST A FEW DAYS AGO THAT CITI GROUP VIOLATED THE LAW BY CHARGING THEM TOO MUCH INTEREST ON THEIR CREDIT CARDS? NO, NO. ARE THESE COVERED PERSONS IN THIS BILL THE LATINO OR AFRICAN-AMERICAN FAMILIES WHO WERE DISCRIMINATED AGAINST BY JPMORGAN CHASE, BANK OF AMERICA, AND SO MANY OTHER BANKS STEERING THEM INTO MORE COSTLY MORTGAGES WHEN THEY QUALIFIED FOR MORE AFFORDABLE LOANS? NO, NOT AT ALL. THEY ARE SENIORS -- ONES BEING PROTECTED, ARE THEY SENIORS, SERVICE MEMBERS WHO FALL PREY TO PAYDAY LENDERS THAT TRAP THEM IN A CYCLE OF DEBT? NO. ARE THEY COLLEGE GRADUATES WHO ARE HARASSED BY DEBT COLLECTORS FOR THEIR STUDENT LOAN DEBT? NO. UNDER THIS BILL, MR. SPEAKER, COVERED PERSONS ARE DEFINED AS, QUOTE, ANY PERSON THAT ENGAGES IN OFFERING OR PROVIDING A CONSUMER FINANCIAL PRODUCT OR SERVICE AND ANY AFFILIATED SUCH PERSON IF SUCH AFFILIATE ACTS AS A SERVICE PROVIDER TO SUCH PERSON, END QUOTE. YOU KNOW WHAT THAT MEANS? YOU KNOW WHO THESE SO-CALLED COVERED PERSONS IN THIS BILL ARE, WHO THEY'RE TALKING ABOUT? THAT MEANS WELLS FARGO, JPMORGAN CHASE, CITI GROUP, BANK OF AMERICA, PAYDAY LENDERS, MORTGAGE BROKERS, DEBT COLLECTORS, AND THOUSANDS OF OTHER FINANCIAL COMPANIES. ALL OF THESE COMPANIES WOULD GET EASIER RULES THAT LIMIT THEIR COST AND BURDENS WITHOUT APPROPRIATELY CONSIDERING THE IMPACT THEY'RE GOING TO HAVE ON THEIR CUSTOMERS. AND THIS BILL DOES NOTHING, ABSOLUTELY NOTHING TO STRENGTHEN PROTECTIONS FOR CONSUMERS WHERE THERE MIGHT BE DEFICIENCIES OR GAPS IN OUR REGULATE FRAMEWORK. SECOND, UNLIKE THE OTHER BANKING REGULATORS, WHICH ARE TASKED WITH ENSURING THE SAFETY AND SOUNDNESS OF THE FINANCIAL SERVICES SECTOR, THE CONSUMER BUREAU'S UNIQUE MISSION IS THE PROTECTION OF CONSUMERS AND OF ENSURING THAT THE CONSUMER MARKETPLACE OPERATES IN A FAIR, TRANSPARENT AND COMPETITIVE MANNER. ALTHOUGH IT MAY MAKE SENSE FOR THE BANKING AGENCIES TO PERIODICALLY REVIEW THEIR PRUDENTIAL RULES WITH THE FOCUS ON THEIR REGULATING ENTITIES, THE CONSUMER BUREAU SHOULD BE MAKING SURE THAT ITS RULES ARE APPROPRIATELY PROTECTING CONSUMERS AND THE INTEREST OF THE PUBLIC, NOT THE BIG FINANCIAL CORPORATIONS. IN ADDITION, THE CONSUMER BUREAU IS ALREADY SUBJECT TO UNIQUE ACCOUNTABILITY AND OVERSIGHT MEASURES THAT THE OTHER FINANCIAL REGULATORS ARE NOT. THESE SPECIAL CHECKS AND BALANCES INCLUDE THE REQUIREMENT THAT THE CONSUMER BUREAU HAVE SMALL BUSINESS REVIEW PANELS AS A PART OF ITS RULEMAKING PROCESS AND THE ABILITY OF THE FINANCIAL STABILITY OVERSIGHT COUNCIL, THAT IS FSOC, TO REPEAL ANY OF ITS FINAL RULES. AND THE CONSUMER BUREAU IS ALREADY REQUIRED TO REVIEW ALL OF ITS SIGNIFICANT RULES WITHIN FIVE YEARS OF THE TIME THEY GO INTO EFFECT. BUT IN A BALANCED, BALANCED MANNER. THE THIRD PROBLEM WITH H.R. 4607 IS THAT IT WILL MAKE IT HARDER FOR THE REGULATORS TO DO THEIR JOBS. THE BILL WOULD REQUIRE A COMPREHENSIVE REVIEW OF ALL BANKING AND CONSUMER PROTECTION REGULATIONS ONCE EVERY SEVEN YEARS INSTEAD OF EVERY DECADE. IF REGULATORS TAKE THESE REVIEWS AS SERIOUSLY AS THEIR PREVIOUS REVIEWS, AS I BELIEVE THEY WOULD, THEN THAT WOULD MEAN THEY WOULD BE TIED UP, SPENDING NEARLY HALF OF EACH SEVEN-YEAR CYCLE DOING REGULATE REVIEWS INSTEAD OF SUPERVISING THEIR REGULATED ENTITIES AND ENFORCING THE LAW. THIS BILL WOULD IMPOSE AN UNBALANCED REVIEW PROCESS ON REGULATORS THAT FAVORS INDUSTRY'S WISHES, FAVORS INDUSTRY'S WISHES OVER CONSUMERS AND THE ECONOMY. THE METHODOLOGY IN THIS BILL PROMOTES DEREGULATION. THAT'S WHAT THIS IS ALL ABOUT. THIS IS A BILL ABOUT DEREGULATION. INSTEAD OF CREATING A ROBUST PROCESS TO IDENTIFY GAPS OR DEFICIENCIES IN OVERSIGHT THAT HARM CONSUMERS, UNDERMINE THE SAFETY AND SOUNDNESS OF OUR FINANCIAL SYSTEM OR JEOPARDIZE THE COUNTRY'S FINANCIAL STABILITY. SO I CANNOT SUPPORT A BILL THAT FORCES THE CONSUMER BUREAU TO WEAKEN RULES FOR WALL STREET AND PAYDAY LENDERS. I'M TALKING ABOUT THE CONSUMER FINANCIAL PROTECTION BUREAU. I URGE MY COLLEAGUES TO OPPOSE H.R. 4607. I RESERVE THE BALANCE OF MY TIME.

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        • 12:44:32 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 12:44:36 PM

          MR. HENSARLING

          MR. SPEAKER, I AM NOW VERY PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN…

          MR. SPEAKER, I AM NOW VERY PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM GEORGIA, MR. LOUDERMILK, AGAIN, A VERY HARDWORKING MEMBER OF THE FINANCIAL SERVICES COMMITTEE AND THE AUTHOR OF H.R. 4607.

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        • 12:44:51 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM GEORGIA IS RECOGNIZED.

        • 12:44:53 PM

          MR. LOUDERMILK

          THANK YOU, MR. SPEAKER. AND I ALSO WANT TO THANK MY COLLEAGUE FROM THE…

          THANK YOU, MR. SPEAKER. AND I ALSO WANT TO THANK MY COLLEAGUE FROM THE REPUBLIC OF TEXAS, CHAIRMAN HENSARLING, FOR GIVING ME THIS TIME TO MOVE AWAY SOME OF THE HYPERBOLE THAT YOU MAY HEAR TODAY AND SPEAK ABOUT THE TRUTH OF WHAT THIS REALLY SIMPLE AND COMMONSENSE MEASURE REALLY DOES. . THE COMPREHENSIVE REGULATORY REVIEW ACT REDUCES THE BURDEN THAT OUTDATED REGULATIONS POLICE ON SMALL BANKS AND LENDING INSTITUTIONS ACROSS THE LANDSCAPE OF AMERICA. I'D LIKE TO START BY THANKING SOME OF MY COLLEAGUES ON BOTH SIDES OF THE AISLE WHO HAVE WORKED TIRELESSLY TO MAKE THIS A STRONG, BIPARTISAN PIECE OF LEGISLATION. I APPRECIATE THE GENTLEMAN FROM NEW JERSEY, MR. GOTTHEIMER, FOR NEGOTIATING REASONABLE CHANGES TO THIS BILL AND FOR BEING AN ORIGINAL CO-SPONSOR. I ALSO APPRECIATE MR. DUFFY AND MS. SINEMA AND OTHERS WHO HAVE REACH AID CROSS THE AISLE TO CO-SPONSOR THIS IMPORTANT PIECE OF LEGISLATION. TO FULLY UNDERSTAND THIS BILL, MR. SPEAKER, WE HAVE TO GO BACK TO 1996, WHEN CONGRESS GAI THE FINANCIAL REGULATORY AGENCIES A USEFUL TOOL BY PASSING THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OR AS YOU HAVE HEARD TODAY, MORE COMMONLY KNOWN AS GG -- EGRPA, THIS DIRECTED THE FDIC TO REVIEW REGULATIONS ONCE EVERY 10 YEAR, IDENTIFY REGULATIONS THAT MAY BE OUTDATED, UNNECESSARY OR OVERLY BURDENSOME. AFTER THAT THEY WERE TO SEND A REPORT TO CONGRESS AND ELIMINATE ANY REGULATIONS THEY DETERMINED WERE UNNECESSARY. THIS LAW HAS BEEN SOMEWHAT USEFUL AND IT WAS GOOD BACK IN 1996 BECAUSE WHO WOULD OPPOSE RULES THE REGULATORS THOUGHT WERE UNNECESSARY. NOW THAT WE HAVE TWO REPORTS, 2007 AND 217, IT'S OBVIOUSLY THAT IT COULD HAVE BEEN MORE EFFECTIVE AND PRODUCED MORE USEFUL RECOMMENDATIONS THROUGH POLICYMAKERS. IN RETROSPECT WE ALSO REALIZE WE NEED MORE DIRECT ACTION FROM REGULATORS TO CLEAN UP OUTDATED AND UNNECESSARY RULES. THAT'S WHY IT'S IMPORTANT FOR CONGRESS TO REVISIT EGRPA AS THIS BILL DOES. MY BILL CONTAINS SEVERAL FORMS TO THE REVIEW PROCESS THAT WILL BREATHE NEW LIFE INTO THIS LAW THIS TOOL FOR REGULATORS AND MAKE SURE IT'S NOT SIMPLY A CHECK THE BOX EXERCISE. IT WILL MOVE THE REVIEW CYCLE FROM ONCE A DECADE TO UNDERSTAND EVERY SEVEN YEARS. IT WILL EXPAND TO INCLUDE ALL REGULATED FINANCIAL INSTITUTIONS INSTEAD OF ONLY INSURED DEPOSITORY INSTITUTIONS. IT WILL CODIFY THE ADMINISTRATION INTO THE LEGISLATION. THE BILL WILL ALSO ADD THE CONTROVERSIAL CONSUMER FINANCE PROTECTION BUREAU TO THE REVIEW PROCESS THIS PROVISION IS ESPECIALLY IMPORTANT BECAUSE BEFORE DODD-FRANK CONSUMER FINANCIAL LAWS WERE IMPLEMENTED BY THE THREE BANKING AGENCIES BUT WHEN DODD-FRANK WAS EP ACTED, CFPB WAS GIVEN RESPONSIBLE FOR ENFORCING CONSUMER FINANCIAL LAWS. SINCE THEY ARE EXEMPT FROM EGRPA, THESE ARE NO LONGER BEING COMP REHENCE ILY REVIEW. DODD-FRANK REQUIRES THEM TO REVIEW EVERY PHI YEARS AFTER THEY ARE ENACT BUD THIS RULES OUT RULES WHICH ARE CONSIDERED NONSIGNIFICANT. IT ALSO EXCLUDES RULES THAT WERE ADOPTED BEFORE THE CFPB WAS CREATED. ALSO THE CFPB'S REGULATORY REVIEWS ARE UNDER A SINGLE FIVE-YEAR LOOKBACK PERIOD. WE MUST ENSURE THAT EACH REGULATORY AGENCY IS COMPREHENSIVELY REVIEWING ITS RULES ON A REGULAR BASIS. THIS RULE IS NOT DUPLICATIVE BECAUSE IT REQUIRES THEM TO USE FIND FRGS REGULATORY REVIEWS AND REPORTS SO THE CFPB DOES -- DOESN'T WASTE TIME ON RULES ALREADY REVIEWED. MOST IMPORTANTLY, MR. SPEAKER, THIS BILL WILL REAR THE AGENCIES TO TAILOR RULES THAT THEY FIND TO BE UNNECESSARILY BASED ON THE SIZE AND RISK PROFILE OF THE BANK OR THE CREDIT UNION. MR. SPEAKER, I'D LIKE TO REPEAT THAT LAST POINT BECAUSE IT'S SO IMPORTANT. THIS BILL DOES NOT REQUIRE THE AGENCIES TO CUT REGULATIONS WITH A BROAD BRUSH AS IT HAS BEEN PRESENTED SO FAR. NOR DOES IT CUT REGULATIONS ON THE PAYDAY LENDING INDUSTRY AS SOME HAVE ARGUED. IT SIMPLY STATES THE RULES WILL BE ADJUSTED BASED OEN A COMPANY'S RISK IF THE REGULATEORS DETERMINE THAT TO BE APPROPRIATE. THE BILL ENSURES THAT THE FINANCIAL REGULATORS, THE REGULATORS, DETERMINE THAT A REGULATION IS IMPORTANT TO CONSUME BROTHER TEXT FOR SAFETY AND SOUNDNESS, THE AGENCY WILL STILL HAVE EVERY RIGHT TO LEAVE THAT REGULATION COMPLETELY INTACT. THIS BILL IS NOT JUST ABOUT ELIMINATING UNNECESSARY REGULATIONS, IT IS ABOUT GOOD GOVERNMENT AND CLEANING UP UNNECESSARY RED TAPE THAT INEVITABLY HURTS THE CONSUMER. MR. SPEAKER, THE TREASURY SECRETARY CAME TO OUR COMMITTEE FOR A HEARING LAST MONTH AND I ASKED HIM ABOUT THIS VERY ISSUE. HE SIMPLY SAID, AND I QUOTE, RULES AND REGULATIONS NEED TO BE CONSTANTLY LOOKED AT AS MARKETS CONTINUALLY CHANGE HE ALSO SAID I'M NOT SURE WHY THE CFPB WAS EXCEPTED FROM EGRPPA IS SO I AGREE WITH HE CHANGE THIS PASSED OUT OF COMMITTEE WITH 2/3 OF THE COMMITTEE MEMBERS AND I YIELD BACK.

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        • 12:50:23 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM TEXAS RESERVES. THE…

          THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEMAN -- THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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        • 12:50:32 PM

          MS. WATERS

          THANK YOU, MR. SPEAKER AND MEMBERS. I KNEW THAT MY FRIENDS ON THE OPPOSITE…

          THANK YOU, MR. SPEAKER AND MEMBERS. I KNEW THAT MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE WOULD BASICALLY REFER TO SMALL BANKS. THIS IS WHAT IS NORMALLY DONE WHEN WE SEE A DEREGULATORY -- WHEN WE SEE DEREGULATORY EFFORTS BEING MADE. THEY TALK ABOUT HOW THEY'RE TRYING TO HELP SMALL AND COMMUNITY BANKS. AND THEY FAIL TO TALK ABOUT THE MAJOR FINANCIAL INSTITUTIONS THAT I HAVE ALSO THAT IS BEING PUT FORTH. WHEN I TAKE A LOOK AT THE EXISTING LAW NOW, THE EXISTING LAW AND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT, I SEE THAT THEIR MISSION IS TO CONDUCT A REVIEW OF THE REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON SNURD DEPOSITORY INSTITUTIONS THIS DEREGULATORY BILL THAT WE HAVE BEFORE US GOES A LOT FURTHER AND AS I SAID, IT'S ABOUT DEREGULATIONS AND IT'S ABOUT REDUCING COST AND LIABILITY RISK AND THIS DOES NOT BENEFIT OUR CONSUMERS AT ALL. AGAIN, WHAT WE WOULD DO IN THE PASSAGE OF THIS BILL IS SIMPLY OPEN UP OPPORTUNITIES FOR THE BIG BANKS AND FINANCIAL INSTITUTIONS TO GET RID OF THE KIND OF OVERSIGHT, THE KIND OF LAWS THAT WE HAVE WORKED SO HARD, BECAUSE IT'S INCONVENIENT FOR THEM OR INTERFERES WITH THEIR BOTTOM LINE IN SOME WAY AND SO I DO NOT WANT OUR MEMBERS TO BE TRICKED OR FOOLED TO THINK NUMBER ONE, THIS IS SIMPLY ABOUT FURTHER GETTING RID OF PAPERWORK. OR THAT THIS IS ABOUT SUPPORTING THE SMALL BANKS. THIS IS ABOUT NEW WAYS BY WHICH TO DEREGULATE SO THAT THE BIG BANKS THAT ARE NOW FOUND TO BE DEFRAUDING, FOUND TO BE DISCRIMINATE, FOUND TO BE DOING THINGS LIKE WELLS FARGO HAS DONE , THIS IS ABOUT DEREGULATION THAT WILL FURTHER ENHANCE THEIR ABILITY TO DO THE KINDS OF THINGS THAT WE CLAIM TO BE SO OPPOSED TO AND THAT HARM OUR CONSUMERS. THE CONSUMER FINANCIAL PROTECTION BUREAU THAT THEY'RE NOW INCLUDE BIG WAY OF 4607, SHOULD BE LOOKED AT VERY CAREFULLY. FIRST OF ALL, MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE HATE THE CONSUMER FINANCIAL PROTECTION BUREAU. THEY WANT TO GET RID OF IT. THEY HAVE TRIED TIME AND TIME AGAIN TO UNDERMINE IT IN SO MANY WAYS. THE PRESIDENT HAS SENT MR. MULVANEY OVER THERE, WHO IS SUPPOSED TO BE OVER AT THE OFFICE OF MANAGEMENT AND BUDGET, TO BASICALLY DESTROY IT. AND SO WE CANNOT ALLOW THE MEMBERS OF CONGRESS TO BE TRICKED OR FOOLED THAT SOMEHOW THIS IS HELPFUL THAT THEY'RE BRINGING IN THE CONSUMER FINANCIAL PROTECTION BUREAU. WHAT THEY WANT TO DO IS TIE THE HANDS OF THE CONSUMER FINANCIAL PROTECTION BUREAU AND BASICALLY CHANGE THEIR MISSION FROM PROTECTION FOR CONSUMERS TO DEREGULATION FOR THE BIGGEST BANKS IN AMERICA. WHY DO WE HAVE THE CONSUMER FINANCIAL PROTECTION BUREAU? THAT IS THE CENTER PRIEST OF THE DODD-FRANK REFORM LEGISLATION THAT WE WORKED SO HARD ON. ARE WE FORGETTING ABOUT WHAT HAPPENED IN 2008? ARE WE FORGETTING ABOUT THE RECESSION THAT WAS CAUSED BY THE BIG BANKS WHO HAD BEEN INVOLVED WITH ALL OF THESE EXOTIC PRODUCTS AND WAYS BY WHICH THEY WERE ENTICING HOMEOWNERS, WOULD-BE HOMEOWNERS TO TRY AND GET MORTGAGES? WE CAN'T FORGET ABOUT ALL OF THAT WE HAVE TO KNOW THAT NOT ONLY DID WE HAVE A RECESSION, WE WERE HEADED FOR A DEPRESSION. AND DODD-FRANK REFORM HAS GONE A LONG WAY TOWARD ELIMINATING SOME OF THE BAD PRACTICES THAT WERE IN PLACE THAT GOT US INTO THAT SITUATION IN THE FIRST PLACE. AND NOW LIT BILL LITTING, MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE KEEP TRYING TO CREEP IN WITH NEW WAYS THAT THEY CAN SUPPORT THESE BIG BANKS AND FINANCIAL INSTITUTIONS AND DEREGULATE. AND LET THEM GET IN THE POSITION AGAIN WHERE THEY ARE TRICKING OUR CONSUMERS, WHERE THEY ARE COMING UP WITH THESE EXOTIC PRODUCTS THAT CAUSE OUR CONSUMERS TO EVENTUALLY GET INTO FORE CLE SURE, AND THAT WOULD ALLOW THE BIG BANKS AGAIN LIKE WELLS FARGO TO COME UP WITH ALL THESE TRICKS THAT THEY USE IN ORDER TO EN-- IN ORDER TO ENHANCE THE BOTTOM LINE. I THINK WE'RE SMARTER THATEN -- THAN THIS I DON'T THINK WE'RE GOING TO GO FOR THIS LEGISLATION THAT'S JUST ANOTHER WAY TO OPEN THE DOORS TO DEREGULATE. I RESERVE THE BALANCE OF MY TIME.

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        • 12:56:09 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 12:56:14 PM

          MR. HENSARLING

          I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM OHIO, CHAIRMAN…

          I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM OHIO, CHAIRMAN CHABOT, WHO IS THE CHAIRMAN OF THE SMALL BUSINESS COMMITTEE.

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        • 12:56:22 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM OHIO IS RECOGNIZED FOR TWO MINUTES.

        • 12:56:26 PM

          MR. CHABOT

          THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4607, THE COMPREHENSIVE…

          THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4607, THE COMPREHENSIVE REGULATORY REVIEW ACT. I WANT TO THANK CHAIRMAN HENSARLING AND THE ENTIRE FINANCIAL SERVICES COMMITTEE FOR THEIR CONTINUED CRITICAL WORK ON FINANCIAL REGULATIONS. AS CHAIRMAN TO HAVE THE HOUSE SMALL BUSINESS COMMITTEE, I CONSISTENTLY HEAR FROM MAIN STREET BUSINESSES, SMALL BUSINESSES, FROM ALL OVER THE COUNTRY THAT OVERREGULATION IS PREVENTING BUSINESS EXPANSION AND JOB GROWTH. JUST LAST WEEK I CHAIRED A HEARING ON A RECENT REPORT BY THE NONPARTISAN GOVERNMENT ACCOUNTABILITY OFFICE THAT EXPLORED WHETHER FINANCIAL REGULATIONS WERE ADVERSELY IMPACTING COMMUNITY BANKS AND CREDIT UNIONS. ONE OF THE MAJOR TAKEAWAYS FROM THAT REPORT WAS THAT WE NEED TO IMPROVE THE TOOLS AVAILABLE TO FINANCIAL REGULATORS TO REDUCE THOSE BURDENS. BECAUSE SMALL BUSINESSES MOST OFTEN RELY ON CONVENTIONAL BANK BORROWING TO FINANCE DEVELOPMENT, ANY ADDITIONAL RED TAPE THAT REDUCES ACCESS TO CAPITAL CAN BE A MONUMENTAL PROBLEM FOR THE NATION'S SMALLEST FIRMS. THE BILL THAT WE HAVE BEFORE US TODAY WHICH WOULD REFORM THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OF 1996 IS A MOVE IN THE RIGHT DIRECTION. MAKING SURE ALL FINANCIAL REGULATORS HAVE A COMPREHENSIVE PROCESS IN PLACE TO REVIEW REGULATIONS WILL STRENGTHEN OUR FINANCIAL SECTOR AND MAKE IT MORE POSSIBLE FOR AMERICA'S SMALL BUSINESSES TO HAVE ACCESS TO THE CAPITAL THAT THEY NEED TO GROW AND EXPAND AND CREATE MORE JOBS FOR MORE AMERICANS. AND THEREFORE I URGE MY COLLEAGUES TO SUPPORT THIS COMMONSENSE REFORMS THAT ARE IN THIS H.R. 4607, URGE THEM TO SUPPORT THIS AND YIELD BACK THE BALANCE OF MY TIME.

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        • 12:58:10 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM OHIO YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE…

          THE GENTLEMAN FROM OHIO YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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        • 12:58:17 PM

          MS. WATERS

          I RESERVE.

        • 12:58:18 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 12:58:23 PM

          MR. HENSARLING

          I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM COLORADO, MR.…

          I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM COLORADO, MR. TIPTON, VICE CHAIRMAN OF THE FINANCIAL SERVICES SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS.

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        • 12:58:34 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM COLORADO IS RECOGNIZED.

        • 12:58:36 PM

          MR. TIPTON

          THANK YOU, MR. SPEAKER. I THANK THE CHAIRMAN FOR THIS TIME AS WELL TO BE…

          THANK YOU, MR. SPEAKER. I THANK THE CHAIRMAN FOR THIS TIME AS WELL TO BE ABLE TO SPEAK TO AN IMPORTANT PIECE OF LEGISLATION MY HOME STATE OF COLORADO, WE HAVE A TALE OF TWO ECONOMIES. THE URBAN AREAS HAVE REALIZED ECONOMIC RECOVERY SINCE 2008 WHILE THE MORE RURAL COMMUNITIES HAVE BEEN SLOWER TO FIND SUSTAINED ECONOMIC GROWTH. ESSENTIAL TO THESE AREAS AND THEIR ABILITY TO BE ABLE TO RECOVER, A TOPIC I SPEAK FREQUENTLY ON IS ACCESS TO CREDIT. AS TREASURIES REPORT TO THE PRESIDENT IN JUNE OF 2017 NOTES, LIQUIDITY AND REGULATORY REQUIREMENTS AS WELL AS PERIMETERS THAT GUIDE LOAN UNDERYITING -- UNDERWRITING HAVE LIMITED THE ABILITY TO SUPPLY CREDIT. IN OTHER WORDS OUR COMMUNITY FINANCIAL INSTITUTIONS HAVE LOST ACCESS TO THE TOOLS THAT THEY NEED TO BE ABLE TO HELP THEIR COMMUNITIES RECOVER. AS THEY'VE STRUGGLED TO PLY WITH REGULATIONS INTENDED FOR THE LARGEST INSTITUTIONS. MR. SPEAKER, IT IS OUR LOCAL COMMUNITIES, OUR SMALL BUSINESSES, OUR FIRST-TIME HOME BUYERS AND WORKING FAMILIES WHO SUFFER THE CONSEQUENCES FROM THESE REGULATIONS. MR. SPEAKER, LET ME GIVE YOU ONE EXAMPLE OF WHAT UNBRIDLED REGULATION DOES. HOW IT IMPACTS FAMILIES TRYING TO BE ABLE TO LIVE THE -- TO LIVE THE AMERICAN DREAM. WE HAVE AN EXAMPLE OF A CREDIT UNION IN MY HOME STATE OF COLORADO HAD TO STOP OFFERING HEM EQUITY LINES OF CREDIT TO ITS MEMBERS BECAUSE THE COST OF KEEPING THE FORMS IN COMPLIANCE WITH FEDERAL REGULATION EXCEEDED THE INCOME GENERATED BY THE PROGRAM. IN OTHER WORDS, REGULATION PRICED THIS CREDIT UNION OUT OF A CRITICAL MARKET AND AT A TIME WHEN RURAL ENVIRONMENT THE CREDIT UNION SERVES NEEDED ACCESS TO CREDIT MOST. FORTUNATELY, MR. LOUDERMILK'S LEGISLATION BEING CONSIDERED HERE TODAY WILL TAKE IMPORTANT STEPS TO REQUIRE REGULATORS TO CONSIDER THE INSTITUTION'S SIZE AND RISK PROFILE AS THEY EVALUATE THE NECESSITY AND EFFECTIVENESS OF REGULATORY RULE MAKING UNDER THE SELF-REVIEW MANDATED TO THEM BY THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT. IMPORTANTLY, MR. LOUDERMILK'S LEGISLATION WILL ALSO EXPAND THE EGRPRA PROCESS AND THE NATIONAL CREDIT UNION ADMINISTRATION. ENCOURAGING THE TAILORING OF REGULATIONS ACROSS THE REGULAR TALOIR -- REGULATORY SPECTRUM THIS LEGISLATION TAKES STEPS TO ENCOURAGE REGULATORS TO ALLOW SMALL INSTITUTIONS ADEQUATE LEEWAY TO EXERCISE REASONABLY CONSTRUCTED CONSUMER LENDING REGIMENS TO MAKE SURE CONSUME VERSE THE BROADEST ARRAY OF CHOICES THAT INSTITUTIONS CAN APPROPRIATELY NAVIGATE THE COMPLIANCE LANDSCAPE. MR. SPEAKER, BY REQUIRING REGULATORS TO MORE FREQUENTLY REVIEW AND TAILOR REGULATIONS, THIS BILL WILL HELP PUT MAIN STREET BACK ON THE PATH TO PROSPERITY AND HELP TO END THE TALE OF TWO I ECONOMIES IN COLORADO AND SLOUT THE -- AND THROUGHOUT THE NATION. MAKING THESE ADJUSTMENTS WILL HELP COMMUNITY BANKEST AND CREDIT UNIONS ONCE AGAIN BE ABLE TO MEET THE NEEDS OF THEIR NEIGHBORS AND ENCOURAGE OUR BUSINESSES TO BE ABLE TO GROW. I'D LIKE TO URGE MY COLLEAGUES TO BE ABLE TO SUPPORT THIS LEGISLATION AND YIELD BACK THE BALANCE OF MY TIME TO THE CHAIRMAN. .

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        • 01:01:47 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS…

          THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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        • 01:01:51 PM

          MS. WATERS

          I RESERVE THE BALANCE OF MY TIME.

        • 01:01:57 PM

          THE SPEAKER PRO TEMPORE

          THE THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 01:02:04 PM

          MR. HENSARLING

          I NOW YIELD THREE MINUTES TO YET ANOTHER HARDWORKING MEMBER OF THE HOUSE…

          I NOW YIELD THREE MINUTES TO YET ANOTHER HARDWORKING MEMBER OF THE HOUSE FINANCIAL SERVICES COMMITTEE, THE GENTLEMAN FROM MINNESOTA, RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED. MR. EMMER.

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        • 01:02:11 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM MINNESOTA IS RECOGNIZED FOR THREE MINUTES.

        • 01:02:16 PM

          MR. EMMER

          I THANK THE CHAIRMAN. MR. SPEAKER, THE HOUSE FINANCIAL SERVICES COMMITTEE…

          I THANK THE CHAIRMAN. MR. SPEAKER, THE HOUSE FINANCIAL SERVICES COMMITTEE HAS BEEN WORKING HARD FOR CONSUMERS, LOCAL BANKS, CREDIT UNIONS, AND AMERICAN ENTREPRENEURS DURING THE 115TH CONGRESS. TODAY WE CONTINUE OUR WORK WITH H.R. 4607, THE COMPREHENSIVE REGULATORY THE GENTLEMAN FROM MINNESOTA IS RECOGNIZED FOR THREE MINUTES.

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        • 01:02:30 PM

          MR. EMMER

          I THANK THE REVIEW ACT INTRODUCED BY MY COLLEAGUE FROM GEORGIA,…

          I THANK THE REVIEW ACT INTRODUCED BY MY COLLEAGUE FROM GEORGIA, REPRESENTATIVE BARRY LOUDERMILK. THIS BILL BRINGS ACCOUNTABILITY AND MODERNIZATION TO THE CURRENT REGULATORY REVIEW PROCESS FOR BANKS, CREDIT UNIONS, AND FINANCIAL INSTITUTIONS ACROSS THE COUNTRY. CURRENTLY THE REGULATORY AUDIT CONDUCTED BY OUR FEDERAL FINANCIAL REGULATORS HAPPENS JUST ONCE EVERY DECADE. AND THE CONSUMER FINANCIAL PROTECTION BUREAU AND NATIONAL CREDIT UNION ADMINISTRATION ARE NOT TECHNICALLY A PART A OF THAT REVIEW. IT'S BEEN 21 YEARS SINCE WE EVALUATED POSSIBLE CHANGES TO THIS TO THIS ANTIQUATED AND INEFFICIENT SYSTEM. THAT'S WHY WE NEED THIS COMPREHENSIVE REGULATORY REVIEW ACT TO ENSURE THE REGULATIONS WE HAVE IN PLACE ARE WORKING TO DO WHAT THEY ARE SUPPOSED TO DO. PROTECT CONSUMERS. THIS LEGISLATION IS MADE EVEN MORE URGENT GIVEN THE UNCHECKED AND INEFFICIENT REGULATIONS OF WORKING AGAINST THE VERY CONSUMERS OUR REGULATORY REGIME WAS DESIGNED TO HELP. TAKE, FOR EXAMPLE, THE FACT THAT THE UNITED STATES LOST NEARLY 12,000 OF ITS FEDERALLY INSURED BANKS BETWEEN 1984 AND 2016, MAKING IT HARDER FOR SMALL BUSINESSES -- SMALL BUSINESS ENTREPRENEURS AND FAMILIES TO ACCESS THE CREDIT AND CAPITAL THEY NEED TO CREATE NEW OPPORTUNITIES AND GROW. THESE BANKS STRUGGLED UNDER THE WEIGHT OF NEW REGULATION EITHER TO DISAPPEAR COMPLETELY OR TO BE SWALLOWED UP BY THE BIG BANKS ABLE TO ABSORB THE HEAVY COST OF COMPLIANCE. FOR THOSE BANKS THAT ARE ABLE TO SURVIVE, SIGNIFICANT TRADEOFFS ARE REQUIRED. IN ROCKFORD, MINNESOTA, FOR INSTANCE, INSTEAD OF ADDING ANOTHER LENDER TO THEIR TEAM, ONE SMALL COMMUNITY BANK NEEDED TO HIRE A FULL-TIME COMPLIANCE OFFICER SIMPLY TO KEEP UP WITH THE REGULATORY ONSLAUGHT FROM WASHINGTON. THAT SAME BANK IS SPENDING OVER $100,000 EACH YEAR ON COMPLIANCE COSTS INSTEAD OF USING THAT MONEY IN WAYS THAT WOULD BENEFIT THE LOCAL COMMUNITY. BEEN BEEN'S CREDIT UNIONS HAVE ALSO BEEN HIT HARD BY UNCHECKED AND OUTDATED REGULATION. ONE STUDY FOUND THE CREDIT UNIONS IN MY STATE OF MINNESOTA HAVE INCURRED $102 MILLION IN COSTS DIRECTLY RELATED TO THE INCREASED REGULATION CREATED BY THE DODD-FRANK ACT. WORSE STILL, ONE IN EVERY FOUR MINNESOTA CREDIT UNION EMPLOYEES SPENDS THEIR TIME SOLELY ON REGULATORY COMPLIANCE. MR. SPEAKER, WE HAVE A DUTY TO STAND UP FOR THESE STRUGGLING FINANCIAL INSTITUTIONS AND MORE IMPORTANTLY THE CONSUMERS WHOSE COMMUNITIES ARE HURTING WITHOUT THEM. WE CAN DO THAT TODAY. REPRESENTATIVE LOUDERMILK'S LEGISLATION SAILED THROUGH THE COMMITTEE IN JANUARY, RECEIVING SUPPORT FROM BOTH SIDES OF THE AISLE BECAUSE REPUBLICANS AND DEMOCRATS KNOW THAT H.R. 4607 TAKES NECESSARY AND IMPORTANT STEPS TO EASE THE REGULATORY BURDENS WHICH CHALLENGE COMMUNITY FINANCIAL INSTITUTIONS IN EACH AND EVERY CONGRESSIONAL DISTRICT. I APPRECIATE THE HARD WORK OF THE BILL'S SPONSOR AND CHAIRMAN OF THE COMMITTEE TO BRING THIS LEGISLATION TO THE FLOOR TODAY AND I URGE MY COLLEAGUES TO VOTE YES ON THE COMPREHENSIVE REGULATORY REVIEW ACT. I YIELD BACK.

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        • 01:05:34 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN…

          THE GENTLEMAN YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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        • 01:05:40 PM

          MS. WATERS

          I CONTINUE TO RESERVE THE BALANCE OF MY TIME.

        • 01:05:43 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 01:05:47 PM

          MR. HENSARLING

          MR. SPEAKER, I AM PLEASED TO YIELD ONE MINUTE TO THE GENTLEMAN FROM NEW…

          MR. SPEAKER, I AM PLEASED TO YIELD ONE MINUTE TO THE GENTLEMAN FROM NEW JERSEY, MR. GOTTHEIMER, A DEMOCRAT MEMBER OF THE FINANCIAL SERVICES COMMITTEE.

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        • 01:05:55 PM

          MR. GOTTHEIMER

          THANK YOU, MR. CHAIRMAN. MR. SPEAKER, I FIRST WANT TO THANK CONGRESSMAN…

          THANK YOU, MR. CHAIRMAN. MR. SPEAKER, I FIRST WANT TO THANK CONGRESSMAN LOUDERMILK FOR WORKING TOGETHER ON THE COMPREHENSIVE REGULATORY REVIEW ACT. HE'S BEEN A TRUE PARTNER WHO HAS BEEN TIRELESS IN PURSUING SMART REGULATORY REFORM POLICIES AND FINDING SOLUTIONS FOR THE PEOPLE HE SERVES. WE BOTH WANT TO GET SOMETHING DONE FOR THE PEOPLE WE REPRESENT. I ALSO WANT TO THANK CONGRESSWOMAN SINEMA FOR HER HELP AND SUPPORT IN LEADING THIS LEGISLATION. I URGE MY COLLEAGUES ON BOTH SIDES OF THE AISLE TO SUPPORT THE BIPARTISAN COMPREHENSIVE REGULATORY REVIEW AFPBLGT AMERICA'S ECONOMIC ENGINE HAS BEEN UNDER PRESSURE FOR SOME TIME NOW FROM UNNECESSARILY BURDENSOME AND OUTDATED REGULATIONS BUILDING UP ON THE BOOKS OF OUR REGULATORS. IT COSTS US IN ECONOMIC GROWTH AND WHY THERE ARE CLEAR TIMES WHERE SMART GUARDRAILS ARE NECESSARY, OTHERS WHEN IT ACTUALLY HOLDS BACK SMART GROWTH FOR OUR COUNTRY AND FAMILIES. WE NEED A SMARTER, MORE EFFICIENT GOVERNMENT. IT IS TIME TO RELIEVE THESE UNNECESSARY BURDENS AND SPUR BUSINESS JOB GROWTH AND ACCESS TO CREDIT IN NEW JERSEY'S FIFTH DISTRICT AND ACROSS THE COUNTRY WHILE PROTECTING CONSUMERS AND OUR ECONOMY. THIS BIPARTISAN REGULATORY RELIEF BILL DOES JUST THAT. IT UPDATES AND EXPANDS REGULATORS MANDATORY REVIEW OF FINANCIAL REGULATIONS WHILE PROTECTING CONSUMERS. IT ALSO REQUIRES THE VEE VIEW BE PERFORMED AT LEAST EVERY SEVEN YEARS RATHER SECONDS.

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        • 01:07:15 PM

          MR. GOTTHEIMER

          THANK YOU. IT REQUIRES REGULATORS TO CONSIDER AT THIS LORG REGULATION WHEN…

          THANK YOU. IT REQUIRES REGULATORS TO CONSIDER AT THIS LORG REGULATION WHEN IS LEAST EVERY SEVEN YEARS RATHER THAN EVERY 10. WILL GENTLEMAN YIELD 30 SECONDS?

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        • 01:07:22 PM

          MR. HENSARLING

          AN ADDITIONAL 30 APPROPRIATE. THE ACT WILL CUT BUREAUCRATIC RED TAPE AND…

          AN ADDITIONAL 30 APPROPRIATE. THE ACT WILL CUT BUREAUCRATIC RED TAPE AND HELP OUR ECONOMY THRIVE WITHOUT PUTTING CONSUMERS AT RISK. THERE SHOULD BE NOTHING PARTISAN ABOUT HELPING ENTREPRENEURS AND BUSINESSES OF ALL SIZES GROW, CREATE JOBS, AND EXPAND THE ECONOMY. WITH THIS MEASURE DEMOCRATS AND REPUBLICANS JOIN TOGETHER TO ENSURE OUTDATED AND UNNECESSARILY BURDENSOME REGULATIONS ARE ELIMINATED OR REFORMED TO BETTER FIT THE NEEDS OF INDIVIDUAL FINANCIAL INSTITUTIONS WHICH ULTIMATELY SAVES AMERICANS MONEY, CONSUMERS AND FAMILIES GROW, AND HELPS BUSINESS, TOO. IT PROTECTS ALWAYS AMERICAN CONSUMERS. THANK YOU, MR. SPEAKER. I YIELD BACK MY TIME.

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        • 01:07:55 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM NEW JERSEY YIELDS. THE GENTLEMAN FROM TEXAS RESERVES.…

          THE GENTLEMAN FROM NEW JERSEY YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA --

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        • 01:08:00 PM

          MS. WATERS

          I CONTINUE TO RESERVE.

        • 01:08:01 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

        • 01:08:03 PM

          MR. HENSARLING

          I'M HAPPY TO YIELD THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, MR.…

          I'M HAPPY TO YIELD THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, MR. BUDD.

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        • 01:08:07 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM NORTH DAKOTA IS RECOGNIZED FOR THREE MINUTES.

        • 01:08:10 PM

          MR. BUDD

          THANK YOU, MR. SPEAKER. THANK YOU, AGAIN, MR. CHAIRMAN. ALSO THANK YOU TO…

          THANK YOU, MR. SPEAKER. THANK YOU, AGAIN, MR. CHAIRMAN. ALSO THANK YOU TO MY FRIEND FROM GEORGIA FOR LEADING ON THIS ISSUE. I RISE TODAY IN STRONG SUPPORT OF HIS BIPARTISAN BILL, THE COMPREHENSIVE REGULATORY REVIEW ACT. IT STRIKES ME AS COMMON SENSE THAT FEDERAL REGULATORS SHOULD REVIEW THE REGULATIONS AND RULES ON A CONSISTENT BASIS. THEY SHOULD ALSO SEEK COMMENT FROM THE PEOPLE WHO THESE RULES ACTUALLY AFFECT. MR. LOUDERMILK'S BILL HELPS ACCOMPLISH THIS GOAL BY REQUIRING THE CFPB AND THE NATIONAL CREDIT UNION ADMINISTRATION TO DO SO EVERY SEVEN YEARS. MR. SPEAKER, SINCE THE IMPLEMENTATION OF DODD-FRANK, COMMUNITY BANKS AND CREDIT UNIONS HAVE HAD A MORE DIFFICULT TIME SERVING THEIR CUSTOMERS. THE RED TAPE AND ADDITIONAL BURDEN BROUGHT ON BY DODD-FRANK HAS INCREASED COST FOR THE CONSUMER AND REDUCED THEIR CHOICES IN THE MARKET FOR FINANCIAL PRODUCTS. ONE AGENCY IN PARTICULAR THAT'S GUILTY FOR THIS AND PUT THEIR ADDITIONAL BURDEN IS THE CFPB WHICH HAS FINALIZED OVER 60 RULES SINCE THEIR CREATION. MANY OF THE RULES ARE DUPLICITOUS AND UNNECESSARY. I THINK AT THE VERY LEAST THEY SHOULD REVIEW AND STUDY HOW THE REGULATIONS ARE AFFECTING REAL FOLKS IN THE REAL WORLD. I HEAR FROM FINANCIAL INSTITUTIONS BACK HOME HOW THE CFPB HAS DONE NOTHING BUT HARM THEIR COMMUNITY BANK AND CREDIT UNION. THEY ARE BEING OVERWHELMED BY THE VOLUME AND COMPLEXITY OF REGULATIONS, AND THAT IS JUST NOT OK. HARMONIZATION IS THE GOAL OF THIS BILL AND THAT SHOULD NOT BE PARTISAN OR EVEN CONTROVERSIAL. WE SIMPLY WANT LESS PEOPLE BURIED IN PAPERWORK AND MORE PEOPLE STARTING BUSINESSES THROUGH THEIR LOCAL FINANCIAL INSTITUTIONS. THIS BILL IS SUPPORTED FROM FOLKS ACROSS THE POLITICAL SPECTRUM AND I AM EXCITED ABOUT THE GOOD IT WILL DO FOR MY FINANCIAL INSTITUTIONS BACK HOME AND CONSUMERS IN MY DISTRICT. I WANT TO AGAIN THANK MR. LOUDERMILK FOR INTRODUCING THIS IMPORTANT PIECE OF LEGISLATION. AND THAT WILL ENSURE OUR FINANCIAL SYSTEM IS FUNCTIONING EFFICIENTLY FOR HARDWORKING AMERICANS.

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        • 01:10:15 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM NORTH CAROLINA YIELDS. THE GENTLEMAN FROM TEXAS…

          THE GENTLEMAN FROM NORTH CAROLINA YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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        • 01:10:21 PM

          MS. WATERS

          I CONTINUE TO RESERVE THE BALANCE OF MY TIME.

        • 01:10:23 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

          THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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        • 01:10:27 PM

          MR. HENSARLING

          MR. SPEAKER, I'M VERY PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM…

          MR. SPEAKER, I'M VERY PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM MISSOURI, MR. LUETKEMEYER, A REAL LEADER ON OUR COMMITTEE FOR COMMON SENSE REGULATION AND THE CHAIRMAN OF OUR FINANCIAL SERVICES SUBCOMMITTEE ON FINANCIAL INSTITUTIONS.

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        • 01:10:42 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM MISSOURI IS RECOGNIZED FOR THREE MINUTES.

        • 01:10:44 PM

          MR. LUETKEMEYER

          THANK YOU, MR. SPEAKER. THANK YOU, CHAIRMAN HENSARLING, FOR YOUR GREAT…

          THANK YOU, MR. SPEAKER. THANK YOU, CHAIRMAN HENSARLING, FOR YOUR GREAT WORK AND LEADERSHIP ON O THE FINANCIAL SERVICES COMMITTEE. I THANK THE GENTLEMAN FROM GEORGIA, MR. LOUDERMILK, HE'S CRAFT ADD COMMONSENSE, BIPARTISAN BILL THAT REQUIRE THE FINANCIAL REGULATORS AND CONSUMER FINANCIAL PROTECT BUREAU TO CONDUCT A REVIEW OF ALL THE REGULATIONS PROMULGATED WITH THE INTENT OF IDENTIFYING THOSE OUTDATED OR DUPLICATIVE. ACROSS THE NATION FINANCIAL COMPANIES CONTINUE TO SUFFER AS A RESULT OF THE BURDENSOME REGULATIONS. WHOO MY FRIENDS ON THE OTHER SIDE OF THE AISLE DON'T ALWAYS RECOGNIZE IS THE IMPACT IT HAS ON THE ABILITY OF THOSE COMPANIES TO SERVE THEIR CUSTOMERS. TAKE CYBER SECURITY AS AN EXAMPLE. FINANCIAL FIRMS OF ALL SIZES ARE FORCED TO ADHERE TO AN OVERLAPPING REGULATORY REGIME THAT IS FOCUSED ON FIGHTING YESTERDAY'S WAR. I SPOKE WITH THE MAJOR BANK JUST LAST WEEK THAT HAS CYBER SECURITY EXNGSES FROM THE FEDERAL RESERVE, TREASURY DEPARTMENT, AND MULTIPLE STATE BANKING AGENCIES, AND THAT DOESN'T INCLUDE THE FOREIGN ENTITIES THAT REGULATE THE INTERNATIONAL BUSINESSES OF THIS BANK. EACH AGENCY HAS A SLIGHTLY DIFFERENT EXAM PROCESS AND REQUIRES SLIGHTLY DIFFERENT INFORMATION. THIS TYPE OF REGIME DOESN'T PROTECT COMPANIES FROM CYBER THREATS. THE LACK OF COORDINATION MEANS THIS INSTITUTION SPENDS MORE TIME REACTING TO THE REGULATORS THAN IT DOES PROTECTING ITS CUSTOMERS. A LOOK AT THE ANTIQUATED REGIMES SURROUNDING THE ENFORCEMENT OF THE BANK SECRECY ACT ANTI-MONEY LAUNDERING LAWS. WHAT WAS THE -- WAS IT ORIGINALLY INTENDED TO BE A REASONABLE PROCESS THAT FOSTERED COLLABORATION BETWEEN FINANCIAL INSTITUTIONS AND LAW ENFORCEMENT HAS BECOME SO ONEROUS THAT BANKS ARE CHOOSING TO DROP CUSTOMERS OR CLOSE ENTIRE BOOKS OF BUSINESS TO AVOID THE COMPLIANCE BURDENS. PROCESSES LIKE THIS, LIKE THESE, DO VERY LITTLE TO HELP CONSUMERS OR THE INTEGRITY OF THE FINANCIAL SYSTEM. EVERY TIME I SPEAK TO BANK OR CREDIT UNION IN MISSOURI, I ASK WHAT ONE RULE OR REGULATION THEY FIND TO BE THE MOST BURDENSOME. OR THEY HAD LIKE TO SEE CHANGED. THE ANSWER IS ALWAYS THE SAME. IT DIDN'T JUST ONE. IT'S THE WEIGHT OF ALL THE RULES COMBINED THAT'S RESTRICTING CREDIT AND THE AVAILABILITY OF FINANCIAL SERVICES IN OUR COMMUNITIES. WE HAVE TO MAKE A CHANGE, MR. SPEAKER. MR. LOUDERMILK'S LEGISLATION WOULD INSTITUTE A MORE THOUGHTFUL APPROACH TO REGULATION THAT WILL NOT ONLY OFFER REGULATORY RELIEF BUT ALSO FOSTER A MORE RESPONSIBLE, STABLE FINANCIAL MARKETPLACE. AS THE GENTLEMAN FROM GEORGIA HAS SAID IN THE PAST, THIS BILL ISN'T JUST ABOUT REGULATORY LEAF, IT'S ABOUT GOOD GOVERNMENT. THIS -- RELIEF, IT'S ABOUT GOOD GOVERNMENT. I HOPE EVERY MEMBER OF THIS BODY STANDS FOR RESPONSIBLE GOVERNMENT AND JOINS ME IN SUPPORTING H.R. 4607 TODAY. THANK YOU, MR. SPEAKER. I YIELD BACK THE BALANCE OF MY TIME.

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        • 01:13:30 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM MISSOURI YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE…

          THE GENTLEMAN FROM MISSOURI YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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        • 01:13:36 PM

          MS. WATERS

          I RESERVE THE BALANCE OF MY TIME.

        • 01:13:39 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLELADY RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

        • 01:13:43 PM

          MR. HENSARLING

          I HAVE NO FURTHER SPEAKERS. I' PREPARED TO CLOSE. -- I'M PREPARED TO CLOSE.

        • 01:13:51 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

        • 01:13:55 PM

          MS. WATERS

          THANK YOU VERY MUCH. BEFORE I PROCEED WITH MY CLOSING, I'D JUST LIKE TO…

          THANK YOU VERY MUCH. BEFORE I PROCEED WITH MY CLOSING, I'D JUST LIKE TO MAKE A FEW COMMENTS ABOUT SOME OF THE INFORMATION THAT WAS SHARED I HAVE NO FURTHER WITH US BY MEMBERS ON THE OPPOSITE SIDE OF THE AISLE. I WANT TO REMIND THEM THAT THESE POOR LITTLE BANKS THAT YOU'RE TALKING ABOUT, WHICH INCLUDES ALL OF THE BIG BANKS IN AMERICA, MADE RECORD PROFITS IN MADE RECORD PROFITS IN 2016 MORE THAN $170 BILLION, AND THEY ARE GOING TO MAKE BILLIONS MORE FROM THAT TAX BILL, THAT TAX SCAM GIVEAWAY TO WALL STREET. LENDING IS UP 75% SINCE 2010. AND SO WHEN MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE CONTINUE TO TALK ABOUT HOW THE BANKS ARE SUFFERING, I DON'T KNOW WHO THEY ARE TALKING ABOUT. AS A MATTER OF FACT, THE REAL BIPARTISANSHIP OF THIS COMMITTEE IS ABOUT COMMUNITY BANKS. AND DEMOCRATS HAVE LED AND WILL CONTINUE TO LEAD ON EVERY WAY AND EVERYTHING THAT WE CAN DO FOR COMMUNITY BANKS. BUT I NOTICE THAT MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE WHEN THEY COME WITH DEREGULATION DEREGULATION , THEY FRAME IT IN SUCH A WAY THAT YOU WOULD THINK THAT IT'S ALL ABOUT COMMUNITY BANKS , WHEN IN FACT, THEY ALWAYS ATTACH TO ANYTHING THAT THEY DO FOR COMMUNITY BANKS THEY ATTACH TO IT THE BIGGEST BANKS IN AMERICA. . SO THIS SHOWS HOW MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE VALUE WALL STREET OVER FAMILIES AND BUSINESSES ON MAIN STREET. THIS WOULD CAUSE THEM TO LOOSEN THEIR RULES TO BENEFIT BAD ACTORS ON WALL STREET. THE BILL DOESN'T EVEN ALLOW REGULATORS TO CONSIDER HOW TO IMPROVE SAFE GARDS TO BETTER PROTECT CONSUMERS. IT IS ABSURD THAT WE'RE HERE TODAY DISCUSSING YET ANOTHER BILL THAT LEADS TO MASSIVE DEREGULATION AND SEEKS TO TIP THE SCALES IN FARE OF THE FINANCIAL INDUSTRY. THE INTEREST OF THE PUBLIC OR WHAT WE SHOULD BE FOCUSED ON THIS BILL IS YET ANOTHER PIECE OF THE HARMFUL AND RECKLESS REPUBLICAN AGENDA. ONLY A FEW MONTHS AGO, REPUBLICANS JAMMED THEIR TAX SCAM LEGISLATION THROUGH THIS CHAMBER. THEY ADDED $1.8 TRILLION TO THE FEDERAL DEBT IN ORDER TO LINE THE POCKETS OF WALL STREET AND OTHER MEGA CORPORATIONS WITH BILLIONS IN TAX CUTS AND LEAVING FAMILIES ON MAIN STREET AND GENERATIONS OF THEIR CHILDREN JUST TO PICK UP THE TAB. DEMOCRATS REJECTED THAT TERRIBLE PIECE OF LEGISLATION AND SHOULD NOW REJECT H.R. 4607 AS WELL. AMERICANS FOR FINANCIAL REFORM A COALITION OF MORE THAN 200 CONSUMER CIVIL RIGHTS INVESTOR, RETIREE, COMMUNITY LABOR, FAITH-BASE AND BUSINESS GROUPS SAID THAT H.R. 4607, QUOTE, CONTAINS NO CONSIDERATION OF THE PUBLIC BENEFITS THAT ARE THE JUSTIFICATION FOR PSYCHIATRY ATING THE REGULATIONS IN THE FIRST PLACE IN WHICH REGULATORS SHOULD BE SEEKING TO PRESERVE. ANY MANDATE TO TAILOR REGULATIONS MUST INCLUDE CONSIDERATION OF PUBLIC BENEFITS RATHER THAN BEING A ONE-SIDED DIRECTIVE TO REDUCE BUSINESS COSTS, UNQUOTE. I AGREE. FOR MEMBERS WHO ARE CONCERNED WITH MAINTAINING STRONG PROTECTIONS I WOULD HIGHLIGHT THAT TRUMP'S O.LE B.M. DIRECTOR, MICK MULVANEY, HAS BEEN ILLEGALLY INSTALLED AS ACTING DIRECTOR OF THE CONSUMER FINANCIAL PROTECTION BUREAU AND IS WORKING EVERY DAY TO DIAL BACK THE IMPORTANT WORK OTHER CON -- OF THE CONSUMER BUREAU FROM WITHIN. CONGRESS SHOULD NOT BE GIVING MR. MULVANEY OR ANYONE THE PRESIDENT EVENTUALLY APPOINTS AN IS CON FIED TO SERVE AS THE NEXT DIRECTOR OF THE CONSUMER BUREAU A GLLT TO GUT CONSUME BROTHER TEXTS AND REDUCE THE CONSUMER BUREAU'S ABILITY TO HOLD BAD ACTORS ACCOUNTABLE. I URGE MY COLLEAGUES TO OPPOSE H.R. 4607 AND I YIELD BACK THE BALANCE OF MY TIME.

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        • 01:18:31 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLELADY YIELDS. THE GENTLEMAN IN TEXAS IS RECOGNIZED.

        • 01:18:35 PM

          MR. HENSARLING

          THANK YOU, MR. SPEAKER. I YIELD MYSELF THE BALANCE OF THE TIME. MR.…

          THANK YOU, MR. SPEAKER. I YIELD MYSELF THE BALANCE OF THE TIME. MR. SPEAKER, I LISTENED VERY CAREFULLY TO MY FRIEND ON THE OTHER SIDE OF THE AISLE AND AGAIN HER COMMENTS WERE VERY HEAVY ON EXTRANEOUS MATERIAL. UNFORTUNATELY IT WAS A LITTLE LIGHT ON THE FACTS OF H.R. 4607. THE TEXT OF THE BILL IS 3 1/2 PAGES LONG SO IT DOESN'T TAKE VERY LONG TO READ BUT I REMIND ALL MY COLLEAGUES THIS IS COMMON SENSE. IN AND OF ITSELF, THIS BILL CHANGES NO RULES. ALL IT DOES IS IT TELLS OUR REGULATORS, YOU KNOW WHAT, EVERY SEVEN YEARS WHY DON'T YOU LOOK AT WHAT YOU'VE DONE AND PUBLISH A REPORT. IF YOU WANT TO CHANGE ANY RULE YOU HAVE TO GO THROUGH THE FORMAL RULE MAKING PROCESS. TO REPROPOSE A RULE. TO GET PUBLIC COMMENT. SO AGAIN, IN AND OF ITSELF IT CHANGES NO RULES. I ALMOST WANT TO ASK MY FRIEND ON THE OTHER SIDE OF THE AISLE WHAT IS SHE SCARED OF? WHAT IS SO WRONG WITH SIMPLY LOOKING AT THE RULES THAT HAVE BEEN PROMULGATED TO SEE IF THEY'RE ACTUALLY WORKING? ARE THEY HELPING OUR CONSTITUENTS? ARE THEY MAKING ECONOMIC OPPORTUNITY MORE AVAILABLE FOR ALL? AND WHAT'S SO ODD IS THE ORIGINAL EGRPRA LEGISLATION THAT DATES BACK TO THE CLINTON ERA WAS OVERWHELMINGLY SUPPORTED ON BOTH SIDES OF THE AISLE. SO WHAT THE GENTLEMAN FROM GEORGIA IS DOING IN H.R. 4607 IS SIMPLY SAYING YOU KNOW, ALL FINANCIAL REGULATORS, INCLUDING THE NATIONAL CREDIT UNION ASSOCIATION AND THE CONSUMER FINANCIAL PROTECTION BUREAU WHICH REALLY DIDN'T EVEN EXIST IN THE CLINTON ERA, THEY OUGHT TO DO THE SAME THING. AND THEY'RE SAYING INSTEAD OF DOING IT EVERY 10 YEARS, LET'S DO IT EVERY SEVEN YEARS. JUST TAKE A LOOK AND REPORT. THAT'S ALL IT IS. IT'S A SELF-REPORTING REQUIREMENT WHICH I THINK, MR. SPEAKER, IS WHY THIS IS ALREADY BEEN SUPPORTED OVERWHELMINGLY ON A BIPARTISAN BASIS IN THE HOUSE FINANCIAL SERVICES COMMITTEE. SO ALL OF THE VARIOUS SCARE TACTICS AND HORROR STORIES WE'VE HEARD FROM THE OTHER SIDE OF THE AISLE ON A MERE REPORTING REQUIREMENT, AGAIN, I ASK MR. CHAIRMAN, MR. SPEAKER, WHAT ARE THEY SCARED OF? WHAT WE'RE ULTIMATELY TRYING TO DO HERE IS MAKE SURE THAT THE REGULATORY BURDEN IS NOT SUCH THAT IT HARMS THE VERY PEOPLE I SPOKE ABOUT EARLIER IN MY OPENING COMMENTS. THAT IT DOESN'T HURT DAN, A NAVY VETERAN FROM ILLINOIS, WHO BECAUSE OF THE REGULATORY BURDEN WAS FORCED TO SHUT DOWN HIS SMALL BUSINESS. THAT IT DOESN'T HURT ANN IN WISCONSIN WHO WAS JUST TRYING TO GET A LOAN TO REMODEL HER GARAGE. THAT IT DOESN'T HURT MICHELLE AND HER DAUGHTER IN MISSOURI WHO, HER DAUGHTER WAS SIMPLY SEEKING A CAR LOAN TO BUY HER FIRST CAR. THESE ARE THE PEOPLE WE'RE TRYING TO HELP AND BY THE WAY, ALL BANKS, SMALL, MEDIUM, AND LARGE, ARE LENDING TO BUSINESSES AND TO CONSUMERS AND WE WANT THEM TO DO THAT IN A ROBUST BUT RESPONSIBLE WAY. IS FROM TIME TO TIME, LET'S LOOK AT THE REGULATIONS AND ENSURE, ENSURE THAT THEY ARE STILL HELPING US ACHIEVE EQUAL FINANCIAL OPPORTUNITY FOR ALL, SO OUR CONSTITUENTS CAN ACHIEVE THEIR SHARE OF THE AMERICAN DREAM, THAT THEY CAN ACHIEVE FINANCIAL INDEPENDENCE. SO THIS RECEIVED A STRONG POIRN SUPPORT, MADAM SPEAKER, IN THE HOUSE FINANCIAL SERVICES COMMITTEE. IT OUGHT TO RECEIVE STRONG BIPARTISAN SUPPORT ON THE HOUSE FLOOR. SO I URGE ALL MEMBERS TO VOTE FOR, ADOPT, H.R. 4607 AND I YIELD BACK THE BALANCE OF MY TIME.

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        • 01:22:43 PM

          The previous question was ordered pursuant to the rule.

          • 01:22:46 PM

            THE SPEAKER PRO TEMPORE

            ALL TIME FOR DEBATE HAS EXPIRED. PURSUANT TO HOUSE RESOLUTION 747, THE…

            ALL TIME FOR DEBATE HAS EXPIRED. PURSUANT TO HOUSE RESOLUTION 747, THE PREVIOUS QUESTION IS ORDERED ON THE BILL AS AMENDED. THE QUESTION IS ON ENGROSSMENT AND THIRD READING OF THE BILL. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THIRD READING.

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          • 01:23:01 PM

            THE CLERK

            A BILL TO AMEND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT…

            A BILL TO AMEND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OF 1996 TO ENSURE THAT FEDERAL FINANCIAL REGULATORS PERFORM A COMPREHENSIVE REVIEW OF REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON COVERED PERSONS AND FOR OTHER PURPOSES.

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          • 01:23:20 PM

            THE SPEAKER PRO TEMPORE

            FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION?…

            FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION? FRURN DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION?

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        • 01:23:29 PM

          Ms. Clark (MA) moved to recommit with instructions to the Committee on Financial Services.

          • 01:23:33 PM

            >>

            THANK YOU, MADAM SPEAKER, I HAVE A MOTION TO RECOMMIT AT THE DESK.

          • 01:23:37 PM

            THE SPEAKER PRO TEMPORE

            IS THE GENTLEWOMAN OPPOSED TO THE BILL?

          • 01:23:38 PM

            >>

            I AM OPPOSED.

          • 01:23:40 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEWOMAN QUALIFIES. THE CLERK WILL REPORT THE MOTION.

      • 01:23:44 PM

        DEBATE

        The House proceeded with 10 minutes of debate on the Clark (MA) motion to recommit with instructions pending a reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to strike on Page 3, line 21 the language "otherwise determined" and insert "such action is at the request of and for the personal gain of the President, his or her immediate family members, or senior Executive Branch officials who are required to file annual financial disclosure forms or is other determined inappropriate". Subsequently, the point of order was withdrawn.

        • 01:23:45 PM

          THE CLERK

          MS. CLARKE OF MASSACHUSETTS MOVES TO RECHIT -- MS. CLARK OF MASSACHUSETTS…

          MS. CLARKE OF MASSACHUSETTS MOVES TO RECHIT -- MS. CLARK OF MASSACHUSETTS MOVES TO RECOMMIT THE BILL AND REPORT THE SAME BACK TO THE COMMITTEE FORTHWITH WITH THE FOLLOWING AMENDMENT, STRIKE OTHERWISE DERPED AND INSERT SUCH ACTION IS AT THE REQUEST OF AND FOR THE PERSONAL GAIN OF THE PRESIDENT, HIS OR HER IMMEDIATE FAMILY MEMBERS OR SENIOR EXECUTIVE BRANCH OFFICIALS WHO ARE REQUIRED TO FILE ANNUAL DISCLOSURE FORMS OR IS OTHERWISE DETERMINED INAPPROPRIATE.

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        • 01:24:17 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN FROM MISSOURI HAS RECEIVE -- RESERVED A POINT OF ORDER.…

          THE GENTLEMAN FROM MISSOURI HAS RECEIVE -- RESERVED A POINT OF ORDER. PURSUANT TO THE RULE, THE GENTLEWOMAN FROM MASSACHUSETTS IS RECOGNIZED FOR FIVE MINUTES IN SUPPORT OF HER MOTION.

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        • 01:24:26 PM

          MS. CLARK

          THANK YOU, MADAM SPEAKER. S THE FINAL AMENDMENT TO THE BILL WHICH WILL NOT…

          THANK YOU, MADAM SPEAKER. S THE FINAL AMENDMENT TO THE BILL WHICH WILL NOT KILL THE BILL OR SEND IT BACK TO COMMITTEE. IF ADOPTED, THE BILL WILL IMMEDIATELY PROCEED TO FINAL PASSAGE AS AMENDED. MY AMENDMENT IS A COMMONSENSE MEASURE THAT PROTECTS THE AMERICAN PEOPLE FROM CORRUPTION AND CONFLICTS OF INTEREST. MY AMENDMENT SIMPLY STATES THAT BEFORE TAKING ANY ACTION TO ELIMINATE OR CHANGE A REGULATION, REGULATORS MUST DISCLOSE ANY COMMUNICATIONS FROM THE WHITE HOUSE OR THE PRESIDENT'S FAMILY ADVOCATING FOR THE ACTION AND WHETHER THE PRESIDENT, HIS FAMILY, OR ANY SENIOR ADMINISTRATION OFFICIALS WOULD BENEFIT FINANCIALLY FROM SUCH ACTION. THE AMERICAN PEOPLE NEED TO HAVE CONFIDENCE THAT THEIR GOVERNMENT IS WORKING IN THE BEST INTEREST OF THE PEOPLE. AND NOT TO ENRICH A PRESIDENT AND HIS FAMILY AND WEALTHY FRIENDS. EVERY DAY, THE NEWS IS FILLED WITH STORIES THAT RAISE THIS VERY QUESTION. DOES THE TRUMP FAMILY BENEFIT WHEN THE E.P.A. LOOSENS ENVIRONMENTAL SAFEGUARDS ON CONSTRUCTION PROJECTS? DOES JARED KUSHNER'S DEEPLY INDEBTED FAMILY BUSINESS RECEIVE FAVORABLE TREATMENT WHEN THE ADVOCATES FOR CERTAIN POLICIES? DO THE PRESIDENT'S SONS GET SPECIAL PERMITS FROM FOREIGN GOVERNMENTS WHEN THE PRESIDENT CHANGES POLICIES TOWARD THESE THOSE COUNTRIES? WHO IN THE ADMINISTRATION GETS RICHER WHEN OUR COASTS ARE OPENED UP TO OIL DRILLING, WHEN TARIFFS ARE LEVIED ON STEEL, WHEN PREDATORY LENDERS ARE ALLOWED TO PREY ON COLLEGE STUDENTS? PRESIDENT TRUMP HAS REJECTED THE NORM THAT ALL MODERN DAY PRESIDENTS HAVE FOLLOWED. HIS REFUSAL TO RELEASE HIS TAX RETURNS OR TO REMOVE HIMSELF FROM HIS FAMILY BUSINESS NECESSITATES CODIFYING THE NORMS AND PRACKTOIFS PREVIOUS PRESIDENT INTO LAW AND THIS DISCLOSURE. CONGRESS MUST DO ITS JOB AND PROVIDE A NECESSARY CHECK ON A PRESIDENT THAT HAS SHOWN CONTEMPT FOR HIS BASIC DUTY TO PUT AMERICANS FIRST. ALL OF THESE POLICIES AFFECT AMERICAN FAMILIES. THEY AFFECT THE TAXES WE PAY, THE AIR WE BREATHE, WHETHER OUR KIDS CAN AFFORD TO GO TO COLLEGE. WE DESERVE TO KNOW IF THESE DECISIONS ARE BEING MADE TO ENRICH A PRESIDENT AND IF THEY'RE BEING MADE AT THE TAXPAYERS' EXPENSE. THIS SIMPLE ACT OF DISCLOSURE WILL ALLOW THE AMERICAN PEOPLE TO JUDGE FOR THEMSELVES WHO THIS ADMINISTRATION IS REALLY LOOKING OUT FOR. I YIELD BACK.

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        • 01:27:18 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM…

          THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MISSOURI SEEK RECOGNITION?

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        • 01:27:29 PM

          >>

          MADAM SPEAKER, I WISH TO WITHDRAW MY POINT OF ORDER AND CLAIM TIME IN…

          MADAM SPEAKER, I WISH TO WITHDRAW MY POINT OF ORDER AND CLAIM TIME IN OPPOSITION.

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        • 01:27:34 PM

          THE SPEAKER PRO TEMPORE

          THE RESERVATION IS WITHDRAWN. THE GENTLEMAN IS RECOGNIZED.

        • 01:27:37 PM

          >>

          THANK YOU, MADAM SPEAKER. I APPRECIATE THE OPPORTUNITY TO DISCUSS THIS…

          THANK YOU, MADAM SPEAKER. I APPRECIATE THE OPPORTUNITY TO DISCUSS THIS MATTER TODAY. IT'S KIND OF INTERESTING THAT WE HAVE BEFORE US AN AMENDMENT THAT BASICALLY IS SOMETHING THAT DEALS WITH A FINANCIAL SERVICES BILL, SOMETHING THAT DEALS WITH FINANCIAL SERVICES ISSUE, YET WE HAD THE E.P.A. AND A WHOLE BUNCH OF OTHERS BROUGHT INTO THE DISCUSSION HERE WHICH HAVE NOTHING TO DO WITH WHAT WE'RE TRYING TO TALK ABOUT HERE TODAY.

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        • 01:28:06 PM

          MR. LUETKEMEYER

          OR HIS IMMEDIATE FAMILY MEMBERS, HOW SIT POSSIBLE THAT UNLESS THOSE FAMILY…

          OR HIS IMMEDIATE FAMILY MEMBERS, HOW SIT POSSIBLE THAT UNLESS THOSE FAMILY MEMBERS HAVE THE AUTHORITY TO MAKE THE REQUEST THAT THEY EVEN SHOULD BE CONSIDERED? THIS IS SORT PULLING THINGS OUT OF THE AIR HERE THAT MAKE NO SENSE TO ME. THIS IS A SIMPLE BILL THAT WE HAD WHERE ALL WE'RE LOOKING AT TRYING TO DO IS TAKE THE EGRPRA LAW THAT SAYS THAT EVERY 10 YEARS, THAT ALL THE RULES AND REGULATIONS ARE REVIEWED. AND ALL WE'RE DOING IS PUTTING TWO AGENCIES BACK INTO THIS GROUP OF AGENCIES THAT ARE UNDER REVIEW, ONE THAT WAS NOT -- EVEN IN EXISTENCE AT THE TIME OF THE BILL'S PASSAGE BACK IN THE 1990'S, THE CFPB, AND THE OTHER ONE THAT NEEDS TO BE INCLUDED IS THE NATIONAL CREDIT UNION FOLKS. AND ALL WE'RE DOING IS TAKING A 10-YEAR REVIEW DOWN TO SEVEN. WHY IS THIS CONTROVERSIAL? WE'RE TAKING AN AGENCY THAT DOES NOT EVEN INCLUDE IN THIS ORIGINALLY AND PUTTING IT UNDER THE PURVIEW OF THIS BILL SO THAT THERE CAN BE REVIEW OF THE RULES AND REGULATIONS. IS THERE LACK OF TRANSPARENCY ON THE OTHER SIDE? DO WE NO LONGER WANT TO BE CONCERNED ABOUT WHAT'S GOING ON? DO WE NO LONGER WANT TO KNOW THAT THE RULES AND REGULATIONS ARE BEING APPROPRIATELY ADJUDICATED BY THESE AGENCIES? I THINK THAT'S THE WRONG WAY TO GO. I THINK WE NEED MORE TRANSPARENCY. REDUCING IT FROM 10 YEARS DOWN THIS SEVEN YEARS GIVES US THE OPPORTUNITY TO HAVE A MORE CONSTANT REVIEW OF THESE THINGS TO MAKE SURE THAT BUREAUCRATIC FOLKS IN THE EXECUTIVE BRANCH OF THE GOVERNMENT DON'T RUN AWAY WITH WHAT SHOULD BE IN MY VIEW THE AUTHORITY OF THE CONGRESS. MADAM SPEAKER, I THINK THAT THE MOTION TO RECOMMIT IS WAY OUT OF LINE HERE. I DON'T THINK WE NEED TO WASTE ANY MORE TIME ON IT THAN THAT. I MOVE TO ASK FOLKS TO DECLINE THE AMENDMENT. I YIELD BACK THE BALANCE OF MY TIME.

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        • 01:30:09 PM

          THE SPEAKER PRO TEMPORE

          THE GENTLEMAN YIELDS BACK. WITHOUT OBJECTION THE PREVIOUS QUESTION IS…

          THE GENTLEMAN YIELDS BACK. WITHOUT OBJECTION THE PREVIOUS QUESTION IS ORDERED ON THE MOTION TO RECOMMIT. THE QUESTION IS ON THE MOTION. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE NOES HAVE IT. THE MOTION IS NOT AGREED TO.

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        • 01:30:12 PM

          The previous question on the motion to recommit with instructions was ordered without objection.

          • 01:30:26 PM

            MS. CLARK

            MADAM SPEAKER, I ASK FOR A CALL OF THE YEAS AND NAYS.

          • 01:30:29 PM

            THE SPEAKER PRO TEMPORE

            THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTEY THE YEAS AND NAYS…

            THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTEY THE YEAS AND NAYS WILL RISE. A SUFFICIENT NUMBER HAVING RAISIN -- RISEN, THE YEAS AND NAYS ARE ORDERED. PURSUANT TO CLAUSE 8 OF RULE 20, FURTHER PROCEEDINGS ON THIS QUESTION WILL BE POSTPONED. PURSUANT TO CLAUSE 8 OF RULE 20, THE CHAIR WILL POSTPONE FURTHER PROCEEDINGS TODAY ON MOTIONS TO SUSPEND THE RULES OWN WHICH A RECORDED VOTE OR THE YEAS AND NAYS ARE ORDERED, OR VOTES OBJECTED TO UNDER CLAUSE 6 OF RULE 20. THE HOUSE WILL RESUME PROCEEDINGS ON POSTPONED QUESTIONS AT A LATER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION?

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      • 01:30:44 PM

        POSTPONED PROCEEDINGS

        At the conclusion of debate on the Clark (MA) motion to recommit, the Chair put the question on adoption of the motion and by voice vote, announced the noes had prevailed. Ms. Clark (MA) demanded the yeas and nays and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.

        • 01:31:13 PM

          The Speaker announced that votes on suspensions, if ordered, will be postponed until a time to be announced.

          • 01:31:32 PM

            >>

            MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 2226, AS…

            MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 2226, AS AMENDED.

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        • 01:31:33 PM

          Mr. Barr moved to suspend the rules and pass the bill, as amended. H.R. 2226 — "To amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes."

          • 01:31:38 PM

            THE SPEAKER PRO TEMPORE

            THE CLERK WILL REPORT THE TITLE OF THE BILL.

          • 01:31:41 PM

            THE CLERK

        • 01:31:50 PM

          Considered under suspension of the rules.

        • 01:31:51 PM

          DEBATE

          The House proceeded with forty minutes of debate on H.R. 2226.

          • 01:31:59 PM

            TEMPORE PURSUANT

            PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

            PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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          • 01:32:09 PM

            MR. BARR

            I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO…

            I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL.

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          • 01:32:19 PM

            THE SPEAKER PRO TEMPORE

            WITHOUT OBJECTION.

          • 01:32:20 PM

            MR. BARR

            WITHOUT OBJECTION.

          • 01:32:24 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN IS RECOGNIZED.

          • 01:32:26 PM

            MR. BARR

            MADAM SPEAKER, H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT,…

            MADAM SPEAKER, H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT, REPRESENTS A VERY SIMPLE SOLUTION TO A SIGNIFICANT POLICY CHALLENGE FACING OUR ECONOMY. HOW TO EXPAND ACCESS TO MORTGAGE CREDIT WITHOUT REPLICATING THE ACCUMULATION OF EXCESS RISK IN MORTGAGE-BACKED SECURITIES LIKE WE WITNESSED IN THE RUN-UP TO THE 2008 FINANCIAL CRISIS. MY LEGISLATION ACHIEVES BOTH GOALS BY EXTENDING THE QUALIFIED MORTGAGE LEGAL SAFE HARBOR TO SMALL CREDITORS, BANKS, AND CREDIT UNIONS WITH TOTAL CONSOLIDATED ASSETS OF $10 BILLION OR LESS. THAT ORIGINATE AND HOLD RESIDENTIAL MORTGAGE LOANS IN PORTFOLIO RATHER THAN SELLING OR SECURE ADVERTISING THEM, ALLOWING -- SECURITIZING THEM ALLOWING THOSE LENDERS TO' THE RULE. SUCH POLICY WOULD INCENTIVIZE PRIVATE SECTOR RISK RETENTION, A GOAL OF THE DODD-FRANK ACT IT SEFMENT AND MARK A RETURN TO RELATIONSHIP LENDING IN WHICH A BANKER CREDIT UNION CAN TAILOR PRODUCTS TO A CONSUMER'S NEEDS AND CREDIT RISK WITHOUT RUNNING AFOUL OF ONE SIZE FITS ALL GOVERNMENT REQUIREMENTS. UNDER CFBP REGULATION, ONLY GOVERNMENT DEFINED QUALIFIED MORTGAGES ENJOY A PRESUMPTION THAT A LENDER HAS SATISFIED THE DODD-FRANK LAW'S ABILITY TO REPAY REQUIREMENT. SMALL BANKS AND CREDIT UNIONS HAVE BEEN DISPROPORTIONATELY IMPACTED BY THESE RULES GIVEN THEIR RELIANCE UPON RESIDENTIAL MORTGAGE LENDING AND GREATER INVOLVEMENT IN SMALL DOLLAR OR BALLOON LOANS THAT RUN AFOUL OF REGULATIONS. IT IS NO SURPRISE, THEN, THAT HARVARD RESEARCHERS HAVE FOUND SINCE DODD-FRANK'S PASSAGE, COMMUNITY BANKS HAVE LOST MARKET SHARE AT A RATE DOUBLE THAT EXPERIENCE BETWEEN 2006 AND 2010, A PERIOD INCLUDING THE ENTIRETY OF THE FINANCIAL CRISIS. IT IS ALSO NOT A SURPRISE THAT MANY SMALL COMMUNITY FINANCIAL INSTITUTIONS HAVE TESTIFIED IN FRONT OF THE HOUSE FINANCIAL SERVICES COMMITTEE AND TO MANY OF OUR COLLEAGUES THAT THEY HAVE SIMPLY LEFT THE MORTGAGE BUSINESS ALL TOGETHER BECAUSE OF THE DIFFICULTIES ASSOCIATED WITH THE Q.M. RULE AS CURRENTLY CONSTRUCTED. A THIRD OF THE NATIONAL ASSOCIATION OF REAL STORES SURVEY RESPONDENTS REPORTED BEING UNABLE TO CLOSE MORTGAGES DUE TO A REQUIREMENT OF THE QUALIFIED MORTGAGE RULE. RESIDENTIAL MORTGAGES WERE THE PRODUCT OR SERVICE MOST OFTEN IDENTIFIED BY SURVEYED BANKS AS A CANDIDATE FOR DISCONTINUATION AS A RESULT OF DODD-FRANK. IN A RECENT STUDY BY THE JOHN F. KENNEDY SCHOOL OF GOVERNMENT AT HARVARD UNIVERSITY, DOCUMENTS SHARE OF BANK PARTICIPATION IN MORTGAGE ORIGINATIONS. EVERYONE AGREES ESPECIALLY AFTER THE 2008 FINANCIAL CRISIS A BORROWER SHOULD BE REQUIRED TO SHOW AN ABILITY TO REPAY. THE ONLY QUESTION IS, WHO IS IN THE BEST POSITION TO MAKE THAT DETERMINATION? A COMMUNITY BANKER WITH A PROFESSIONAL AND PERHAPS EVEN A PERSONAL RELATIONSHIP WITH THE BORROWER WHO HAS FULL FEW OF THAT BORROWER'S CHARACTER, CREDITWORTHINESS, AND WHO IS WILLING TO ASSUME 100% OF THE DOWNSIDE RISK OF DEFAULT? OR IS IT AN UNACCOUNTABLE, UN-ELECTED BUREAUCRAT IN WASHINGTON, D.C., WHO LITERALLY KNOWS ABSOLUTELY NOTHING ABOUT THAT BORROWER? BY BEARING 100% OF THE RISK, FINANCIAL INSTITUTIONS HAVE EVERY INCENTIVE TO MAKE SURE THAT A BORROWER CAN AFFORD TO REPAY A LOAN. BANKS AND CREDIT UNIONS WOULD HAVE MORE THAN JUST SKIN IN THE GAME. UNDER THIS LEGISLATION, THEIR INTEREST WOULD ALIGN PERFECTLY WITH THAT OF A BORROWER. AS ONE WITNESS IN FRONT OF OUR COMMITTEE TESTIFIED, A FINANCIAL INSTITUTION THAT RETAINS A LOANS CREDIT AND INTEREST RATE RISK HAS A KEEN INTEREST IN ENGAGING IN THOROUGH SOUND UNDERWRITING TO DETERMINE THE BORROWER'S ABILITY TO REPAY. ALLOWING A FINANCIAL INSTITUTION TO MAKE A CUSTOMER SPECIFIC LENDING DECISION ON A LOAN IT INTENDS TO HOLD IN ITS PORTFOLIO CAN BE A MORE EFFECTIVE WAY OF PROTECTING CONSUMERS THAN REGULATORY ATTEMPTS TO MICROMANAGE MORTGAGE TERMS WITH AN INFLEXIBLE STANDARD. NO LESS THAN BARNEY FRANK, FORMER CHAIRMAN OF THE COMMITTEE, ENDORSED THIS CONCEPT IN A HEARING BEFORE OUR COMMITTEE. SAYING HE WOULD, QUOTE, LIKE THE MAIN SAFEGUARD AGAINST BAD LOANS TO BE RISK RETENTION BECAUSE THAT LEAVES THE DECISION IN THE HANDS OF WHOEVER'S MAKING THE LOAN, UNQUOTE. THE CF 36789 B ALSO -- CFPB ALSO ACKNOWLEDGED THIS POINT WHERE IT RECOGNIZED PORTFOLIO LENDERS HAVE STRONG INCENTIVES TO CAREFULLY CONSIDER WHETHER A CONSUMER WILL BE ABLE TO REPAY A PORTFOLIO LOAN, AT LEAST IN PART BECAUSE THE SMALL CREDITOR RETAINS THE RISK OF DEFAULT. THIS LEGISLATION ALSO PRESENTS A VIABLE ALTERNATIVE TO THE ORIGINAL TO DISTRIBUTE MORTGAGE LENDING MODEL THAT CONTRIBUTED TO THE SUBPRIME MORTGAGE MELTDOWN AND BUBBLE AND RESIDENTIAL REAL ESTATE AND TAXPAYER BAILOUTS. THE RESULT IS EXPANDED ACCESS WITHOUT ADDITIONAL RISK TO FINANCIAL SERVICE OR THE TAXPAYER. IN FACT, THIS IS PARTICULARLY IMPORTANT FOR YOUNG FAMILIES AND FIRST TIME HOME BUYERS WHO TEND TO HAVE DIFFICULTY MEETING THE ABILITY TO REPAY REQUIREMENTS DUE TO CIRCUMSTANCES SUCH AS SIGNIFICANT STUDENT LOAN DEBT, BUT WHO ARE OTHERWISE CREDITWORTHY. I HAVE BEEN WORKING ON THIS LEGISLATION FOR FIVE YEARS NOW AND I'M HAPPY TO ANNOUNCE THAT THIS YEAR WE HAD A BIPARTISAN BREAK THROUGH. THAT WORKING ON THIS LEGISLATION IS BECAUSE AT THE COMMITTEE MARKUP I OFFERED AN AMENDMENT THAT LIMITED THE SCOPE OF THIS BILL TO FINANCIAL INSTITUTIONS WITH LESS THAN $10 BILLION IN ASSETS. AND MY DISTINGUISHED COLLEAGUE, REPRESENTATIVE CAPUANO, OFFERED A TECHNICAL AMENDMENT THAT ENHANCED THE LEGISLATION BY CLARIFYING A FEW KEY PROVISIONS. I AM PLEASED TO REPORT BECAUSE OF THOSE TWO AMENDMENTS THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT PASSED WITH UNANIMOUS SUPPORT IN THE COMMITTEE AND IS NOW ON THE FLOOR TODAY FOR CONSIDERATION. I WANT TO THANK CHAIRMAN HENSARLING, RANKING MEMBER WATERS, REPRESENTATIVE CAPUANO, THE KENTUCKY BANKERS ASSOCIATION, THE KENTUCKY CREDIT UNION LEAGUE, THE AMERICAN BANKERS ASSOCIATION, THE INDEPENDENT COMMUNITY BANKERS ASSOCIATION, THE CREDIT UNION NATIONAL ASSOCIATION, THE NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS, THE NATIONAL ASSOCIATION OF HOME BUILDERS, AND THE UNITED STATES CHAMBER OF COMMERCE FOR THEIR HARD WORK ON THIS IMPORTANT LEGISLATION. IF PASSED BY THE HOUSE, IT IS MY HOPE THAT THE PORT KNOLLO LENDING AND MORTGAGE ACCESS ACT MOVES QUICKLY THROUGH THE SENATE. 11 OF OUR DEMOCRATIC COLLEAGUES IN THE UPPER CHAMBER SUPPORT THIS EXACT LANGUAGE WHICH IS IN CHAIRMAN CRAPO'S COMMUNITY FINANCIAL INSTITUTION RELIEF BILL. TOGETHER REPUBLICANS AND CHAPS CAN DELIVER ON THE REGULATORY RELIEF THAT MANY OF US IN THIS BODY HAVE PROMISED TO OUR CONSTITUENTS THAT WILL ENABLE MORE OF THEM TO BUY THE HOME OF THEIR DREAMS. I INVITES ALL OUR COLLEAGUES TO VOTE FOR THIS IMPORTANT PRO-HOMEOWNERSHIP LEGISLATION THAT PERFECTLY ALIGNS LENDER AND BORROWER INTERESTS TO THE BENEFIT OF AMERICA. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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          • 01:39:28 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

          • 01:39:32 PM

            MR. KILDEE

            THANK YOU, MADAM SPEAKER. I THANK MY COLLEAGUE FOR HIS PERSISTENCE IN…

            THANK YOU, MADAM SPEAKER. I THANK MY COLLEAGUE FOR HIS PERSISTENCE IN OFFERING THIS LEGISLATION AND AS HE SAID, IN COMMITTEE, WE HAD A SUCCESSFUL MARKUP WHERE WE WERE ABLE TO UNANIMOUSLY SUPPORT THIS LEGISLATION. IT'S IMPORTANT LEGISLATION. WE DON'T AGREE ON EVERYTHING. ONE DOESN'T HAVE TO GO VERY FAR, BACK TO COMMITTEE RIGHT NOW WHERE WE HAVE A RATHER CONTENTIOUS MARKUP ON A BUDGET VIEWS AND ESTIMATES IT. AS I SAID IN THAT MEETING, WHEN WE DO AGREE, WE SHOULD COME TOGETHER. AND REPRESENTATIVE BARR AND I HAVE TALKED ABOUT THIS ISSUE FOR QUITE SOME TIME AND I'M PLEASED TO SEE IT MOVE FORWARD. I URGE MY COLLEAGUES TO SUPPORT H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT. WHICH WOULD ALLOW CERTAIN MORTGAGES THAT ARE ORIGINATED AND RETAINED IN PORTFOLIO BY A BANK WITH LESS THAN $10 BILLION IN ASSETS TO BE CONSIDERED AS QUALIFIED MORTGAGES. IN THE LEADUP TO THE FINANCIAL CRISIS, THERE WERE A NUMBER OF MORTGAGE LENDERS THAT DID NOT DO THEIR DUE DILIGENCE IN UNDERWRITING MORTGAGES. WE SAW A NUMBER OF EXOTIC PRODUCTS BEING OFFERED TO INDIVIDUALS AND FAMILIES PREMISED ON A CONTINUALLY RISING HOUSING MARKET. THESE NO DOCK LOANS WHERE THE LENDER DID NOT DOCUMENT OR VERIFY A BORROWER'S INCOME, THERE WERE REAL CONSEQUENCES FOR THOSE LOANS. MANY OF THESE BORROWERS NEVER REALLY HAD ANY HOPE OF PAYING BACK THOSE LOANS. THOSE MORTGAGES WENT INTO DEFAULT. THE FORECLOSURES HELPED LEAD TO A FINANCIAL CRISIS THAT DEVASTATED THE U.S. ECONOMY. AND MILLIONS OF FAMILIES WERE STRIPPED FROM THEIR SINGLE SOURCE OF WEALTH, THE EQUITY IN THEIR HOME. IN THE WAKE OF THAT CRISIS, THIS CONGRESS PASSED THE DODD-FRANK ACT. IT REQUIRES LENDERS TO ASSESS A CONSUMER'S ABILITY TO REPAY THEIR MORTGAGE LOANS. WE ALSO PROVIDED STATUTORY PENALTIES FOR MORTGAGE LENDERS THAT DID NOT FOLLOW THESE NEW UNDERWRITING STANDARDS. CONGRESS ALSO DIRECTED THE CONSUMER BUREAU TO ENACT REGULATIONS TO CREATE A SAFE HARBOR FOR CREDITORS WHERE IT WOULD BE PRESUMED THAT THE CREDITOR EVALUATED THE BORROWER'S ABILITY TO REPAY. IN 2013, UNDER THE DIRECTION OF FORMER DIRECTOR, THE BUREAU RELEASED ITS ABILITY TO REPAY QUALIFIED MORTGAGE RULE. THIS RULE DEFINED HOW LENDERS COULD TAKE ADVANTAGE OF THAT SAFE HARBOR. QUALIFIED MORTGAGES COMMONLY REFERRED TO AS Q.M. LOANS, ARE A SPECIAL CATEGORY OF LOANS THAT HAVE STRONG UNDERWRITING STANDARDS AND CERTAIN NONPREDATORY LOAN FEATURES THAT HELP MAKE THEM MORE LIKELY THAT BORROWERS WILL BE ABLE TO AFFORD THEIR UNDERWRITING STANDARDS AND CERTAIN MORTGAGES. SO IF A LENDER ORIGINATES A Q.M. LOAN, IT MEANS THAT THE LENDER MET CERTAIN REQUIREMENTS. IT IS ASSUMED THAT THE LENDER FOLLOWED THE ABILITY TO REPAY RULE AS DRAFTED BY THE CONSUMER BUREAU. THIS ALSO ALLOWS THE LENDER TO BE SHIELDED FROM CERTAIN TYPES OF LIABILITY RULE AS DRAFTED BY ASSOCIATED WITH ORIGINATING BAD LOANS. I AND MY COLLEAGUES WERE PLEASED THAT THE BUREAU TAILORED THE RULE TO ENSURE LENDERS WHO SERVE RURAL AND UNDERSERVED COMMUNITIES HAVE FLEXIBILITY IN SERVING THEIR CUSTOMERS. WHILE THAT WAS A FIRST, VERY GOOD FIRST STEP, CONGRESS HAS PUSHED TO EXPAND THIS TAILORING TO INCLUDE EVEN MORE COMMUNITY BANKS AND CREDIT UNIONS CONSISTENT WITH SAFE AND SOUND OPERATIONS. H.R. 2226, AS AMENDED IN COMMITTEE, PROVIDES THIS TARGETED AND I THINK REASONABLE RELIEF. AS REPRESENTATIVE BARR AND I HAVE TALKED, THERE ARE ADDITIONAL REFINEMENTS TO THE BILL THAT I WOULD HAVE STILL LIKE TO HAVE SEEN ADOPTED SUCH AS ADDITIONAL GUARDRAILS ON THE TYPES OF PRODUCTS OFFERED. I AM GLAD, HOWEVER, AND AS MR. BARR INDICATED, THAT THE LEADERSHIP OF THE COMMITTEE, THE MAJORITY AGREED TO CRUCIAL LANGUAGE OFFERED BY MR. CAPUANO TO IMPROVE THE BILL. AS AMENDED LENDERS ARE REQUIRED TO CONTINUALLY HOLD THESE LOANS IN PORTFOLIO AND NOT ONLY CONSIDER AND DOCUMENT, BUT VERIFY A MORTGAGE -- BORROWER'S INCOME INFORMATION. CONGRESS SHOULD NOT BE IN THE BUSINESS OF ALLOWING LENDERS TO UNDERWRITE AND OFFER MORTGAGE LOANS THAT BORROWERS HAVE NO ABILITY TO REPAY. I'M SUPPORTIVE OF THIS BILL FOR THAT REASON, BUT ALSO BECAUSE I BELIEVE IT WILL HELP IN AREAS OF THE COUNTRY THAT HAVE WEAKER HOUSING MARKETS. THIS HAS REALLY BEEN THE REASON I HAVE BEEN INTERESTED IN THE ISSUE OF PORTFOLIO LENDING. AS MANY KNOW, I REPRESENT FLINT, MICHIGAN, WHICH NOT UNLIKE A NUMBER OF COMMUNITIES ACROSS THE COUNTRY, HAVE VERY WEAK AND VERY LOW COST MARKETS. YOU CAN PURCHASE A SINGLE FAMILY HOME IN FLINT FOR $25,000. NOT $250,000, $25,000. UNDER THE Q.M. RULES, FINANCIAL INSTITUTIONS SOMETIMES JUSTIFIABLY STRUGGLE TO MAKE THESE SMALL MORTGAGES. RESULTING IN EVEN MORE STAGNANT MARKETS. IT'S A VICIOUS CYCLE. AND WEAKENS THESE MARKETS PERMANENTLY. WE CAN'T GET PEOPLE FINANCED INTO MORTGAGES, THESE COMMUNITIES AND MARKETS WILL NEVER RECOVER. THIS BILL WILL ENCOURAGE COMMUNITY BANKS AND CREDIT UNIONS TO MAKE THOSE SMALLER MORTGAGES, TO HELP WEAKER MARKETS. IT'S FOR THAT REASON AND MANY OTHERS, BUT PARTICULARLY FOR THAT REASON, THAT I ENCOURAGE MY COLLEAGUES TO SUPPORT THIS LEGISLATION. IT'S A BIG STEP IN THE RIGHT DIRECTION FOR WEAK MARKETS. I HOPE MY COLLEAGUES WILL JOIN ME IN SUPPORTING IT. I RESERVE THE BALANCE OF MY TIME. .

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          • 01:45:31 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

          • 01:45:34 PM

            >>

            THE GENTLEMAN FROM MICHIGAN, FOR HIS CONSTRUCTIVE COMMENTS, HIS SUPPORT,…

            THE GENTLEMAN FROM MICHIGAN, FOR HIS CONSTRUCTIVE COMMENTS, HIS SUPPORT, AND THE GENTLEMAN IS CORRECT. HE ENGAGED WITH ME AND MY COLLEAGUES WHO ARE CO-SPONSORING THIS LEGISLATION IN A CONSTRUCTIVE MANNER.

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          • 01:45:50 PM

            MR. BARR

            HE MADE VALUABLE CONTRIBUTIONS ALONG WITH MR. CAPUANO AND SEVERAL OTHER…

            HE MADE VALUABLE CONTRIBUTIONS ALONG WITH MR. CAPUANO AND SEVERAL OTHER MEMBERS ON THE OTHER SIDE OF THE AISLE, MR. PERLMUTTER, FOR EXAMPLE, OFFERED HIS THOUGHTFUL COMMENTS AS WELL. AND I APPRECIATE THE SUPPORT, THE BIPARTISAN SUPPORT, WORKING THROUGH A COMPROMISE TO GET THIS LEGISLATION TO WHERE IT IS TODAY. I THANK THE GENTLEMAN. AT THIS TIME I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM MINNESOTA, ALSO A SPONSOR OF THIS LEGISLATION AND A MEMBER OF THE FINANCIAL SERVICES COMMITTEE, A DISTINGUISHED MEMBER, MR. EMMER.

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          • 01:46:24 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN IS RECOGNIZED FOR TWO MINUTES.

          • 01:46:26 PM

            MR. EMMER

            THE FINANCIAL CHOICE ACT TO REPEAL DODD FRANK LAST YEAR, WE DID SO BECAUSE…

            THE FINANCIAL CHOICE ACT TO REPEAL DODD FRANK LAST YEAR, WE DID SO BECAUSE WE BELIEVE IN MAIN STREET. WE BELIEVE IN THE CONSUMER. THE AMERICAN CONSUMER. DODD FRANK PROMISED TO PROTECT CONSUMERS FROM THE BIG BANKS ON WALL STREET. IN REALITY, DODD-FRANK HAS PUNISHED SMALL BANKS AND CREDIT UNIONS AND ULTIMATELY THE AMERICAN CONSUMER. THE LOSS OF COMMUNITY FINANCIAL INSTITUTIONS TELLS THE STORY. IN MY STATE OF MINNESOTA, WE HAVE 513 COMMUNITY BANKS IN 2000, TODAY WE HAVE ABOUT 309 AND CONTINUE TO EXPERIENCE A DROUGHT IN DE NOVO CHARTERS. CREDIT UNIONS HAVE UNFORTUNATELY FACED SIMILAR CHALLENGES. THIS MEANS THERE ARE FEWER PLACES FOR AMERICANS TO TURN WHEN THEY'RE SEEKING A LOAN FOR THEIR FIRST HOME OR PERHAPS TO GET A SMALL BUSINESS OFF THE GROUND. ONE SPECIFIC PROVISION IN DODD-FRANK REQUIRES LENDERS TO DENY LOANS TO INDIVIDUALS WHO DO NOT MEET GOVERNMENT PRESCRIBED STANDARDS. THIS, ACCORDING TO WASHINGTON, MAKES LOANS SAFER, SINCE OF COURSE GOVERNMENT KNOWS BEST. BUT IN REALITY, THESE MORTGAGES HAVE NOT BEEN MADE SAFER. THEY HAVE BEEN MADE UNAVAILABLE. AND AS A RESULT, THE LIKELIHOOD OF GETTING APPROVED FOR A LOAN AND BECOMING A HOMEOWNER HAS PLUMMETED. REPRESENTATIVE BARR'S LEGISLATION, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT, TAKES STEPS TO EMPOWER LENDERS IN MINNESOTA AND ACROSS THE COUNTRY TO BETTER SERVE THEIR NEEDS OF THEIR CUSTOMERS BY EXPANDING ACCESS TO CREDIT FOR AMERICAN BORROWERS. AT THE END OF THE DAY, THE MOST EFFECTIVE WAY TO MAKE SURE AN INDIVIDUAL HAS THE ABILITY TO REPAY DOES NOT NEED TO BE GOVERNMENT PRESCRIBE. I FLEESHT -- MY COLLEAGUE FROM KENTUCKY'S HARD WORK TO REINVIGORATE OUR FINANCIAL INSTITUTIONS AND URGE MY COLLEAGUES TO SUPPORT H.R. 2226 AS IT COMES BEFORE THE HOUSE FOR A VOTE. I YIELD BACK.

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          • 01:48:26 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MICHIGAN.

          • 01:48:34 PM

            MR. KILDEE

            I RESERVE.

          • 01:48:35 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

          • 01:48:38 PM

            >>

            MADAM SPEAKER, I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM…

            MADAM SPEAKER, I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM ILLINOIS, ALSO I BELIEVE A SPONSOR OF THE LEGISLATION, MR. HULTGREN.

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          • 01:48:48 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN IS RECOGNIZED FOR THREE MINUTES.

          • 01:48:52 PM

            MR. HULTGREN

            THANK YOU, MADAM SPEAKER, THANK YOU, CHAIRMAN BARR. I RISE TO SPEAK IN…

            THANK YOU, MADAM SPEAKER, THANK YOU, CHAIRMAN BARR. I RISE TO SPEAK IN SUPPORT OF H.R. 2226, THE MORTGAGE LENDINGEN AND MORTGAGE ACCESS ACT. THIS IS SOMETHING CHAIRMAN BARR WORKED ON FOR AT LEAST TWO CONGRESSES NOW AND I FEEL WE'RE FINALLY IN A PLACE WHERE WE CAN GET SOME COMMONSENSE CHANGES TO THE CFPB'S RULES THAT PROVIDE RELIEF TO COMMUNITY BANKS AND CREDIT UNIONS. I WAS PLEASED TO SEE THIS LEGISLATION GET A UNANIMOUS VOTE IN THE FINANCIAL SERVICES COMMITTEE EARLIER THIS YEAR. I'M ALSO HAPPY TO SEE THAT THE SENATE BANKING COMMITTEE HAS TAKEN NOTE OF THIS ISSUE AND ADVANCED SIMILAR LEGISLATION. THE TODD-FRANK ACT REQUIRED THE CONSUMER FINANCIAL PROTECTION BUREAU TO COME UP WITH A SERIES OF NEW RULES REGARDING MORTGAGE LENING. ONE WAS THE SO-CALLED QUALIFY MORTGAGE RULE WHICH PROVIDS A SAFE HARBOR TO LOANS IF THEY MEET CERTAIN CRITERIA PRESCRIBED BY THE BUREAU THIS EFFECTIVELY MEANS THAT THE MARKET TREATS ANY LOANS THAT ARE NOT QUALIFIED MORTGAGES AS BEING MUCH RISKIER. THE BUREAU'S RULE ISEST TERRIBLY CHALLENGING FOR COMMUNITY BANKS AND CREDIT UNIONS. THESE DO NOT TEND TO BE AS AUTOMATED AS LARGER FINANCIAL INSTITUTIONS. THEY ALSO TEND TO PUT MORE MONEY AND MORE TIME INTO UNDERWRITING MARGES TO REFLECT THE UNIQUE CIRCUMSTANCES OF THE CUSTOMERS IN THEIR COMMUNITIES. HOWEVER THE CFPB'S QUALIFIED MORTGAGE RULE TOOK AWAY MUCH FLEXIBILITY FROM THE LENDERS BY DOING THINGS LIKE INSTITUTING A 42-3 DEBT TO INCOME RATIO. A ONE SIZE FITS ALL IS ALMOST NEVER A GOOD APPROACH. THE CFPB'S RULE DID NOT ACKNOWLEDGE THE FACT THAT SMALL LENDERS DO NOT TEND TO SELL THE LOANS INTO THE SECONDARY MARKET. THEY KEEP 100% OF THE RISK ON THEIR PORTFOLIO THIS MEANS THESE LEND VERSE A STRONG INSENT TOIV ISSUE LOANS THAT THEY BELIEVE WILL BE REPAID. IF LOANS HELD ON PORTFOLIO CAN BE TREATED AS QUALIFIED MORBLINGS, THESE BANKS AND CREDIT UNIONS WILL HAVE A STRONGER INSENT TOIV MANAGE ANY RISK ASSOCIATED WITH THESE MORTGAGES. THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT WOULD TREAT LOANS HELD ON PORTFOLIO AS QUALIFIED MORTGAGES IF THEY MEET SOME OTHER CRITERIA SUCH AS NOT HAVING A NEGATIVE AMORTIZATION OF INTEREST OR INTEREST ONLY FEATURES. THIS CHANGE TO THE CFPB'S QUALIFIED MORTGAGE RULE WILL GO A LONG WAY SOUTHWARD SIMPLIFYING HOW OUR COMMUNITY FINANCIAL INSTITUTIONS CAN HELP FAMILIES ACHEE THE DREAM OF HOME OWNERSHIP. I'VE BEEN HEARING ABOUT THIS LEGISLATION FOR YEARS FROM CREDIT UNIONS AND BANKS IN ILLINOIS AND I'M CONFIDENT IT WILL HELP MY CONSTITUENTS. I ENCOURAGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT LEGISLATION AND YIELD BACK THE BALANCE OF MY TIME.

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          • 01:51:28 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MP IS RECOGNIZED.

          • 01:51:35 PM

            MR. KILDEE

            I'M PREPARED TO CLOSE IF MR. BARR IS PREPARED TO CLOSE.

          • 01:51:40 PM

            MR. BARR

            THANK YOU, MADAM SPEAKER. JUST TO REITERATE, WE DON'T AGREE ON EVERYTHING,…

            THANK YOU, MADAM SPEAKER. JUST TO REITERATE, WE DON'T AGREE ON EVERYTHING, EVEN SOME OF THE DEBATE IN THIS CONVERSATION I THINK WE COULD FIND AREAS OF DISAGREEMENT. WHEN IT. CO-S TO THE SPECIFICS OF THIS LEGISLATION, I THINK IT STRIKES A GOOD BALANCE. THE BALANCE FOR ME BEING THE NOTION THAT WE CAB DEEM THOSE EMERGENCIES HELD BY SMALLER INSTITUTIONS AS LONG AS THEY'RE HELD BY PORTFOLIO AS MEETING Q.M. REQUIREMENTS. WHAT WE GET IS IN WEAK MARKETS WE GET A CHANCE FOR FOLKS WHO HAVE BEEN LOCKED OUT OF HOME OWNERSHIP TO GET A SMALL MORTGAGE, LITERALLY ON A 25 -- ON A $5,000, $30,000, OR $40,000 HOME AND BEGIN TO BUILD EQUITY THAT WILL RETURN TO THAT FAMILY AND COMMUNITY FOR A LONG, LONG TIME. I SUPPORT THE LEGISLATION AND URGE MY CREAGS TO JOIN ME IN VOTING YES ON IT. I YIELD BACK THE BALANCE OF MY TIME.

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          • 01:52:35 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

          • 01:52:38 PM

            MR. BARR

            THANK YOU, MADAM SPEAKER. IN CLOSING, LET ME JUST REITERATE THAT THIS…

            THANK YOU, MADAM SPEAKER. IN CLOSING, LET ME JUST REITERATE THAT THIS SOLVES TWO PROBLEMS. IT SOLVES THE PROBLEM OF RESPONSIBLE EXPANSION OF ACCESS TO MORTGAGE CREDIT, ACCESS TO THAT AMERICAN DREAM OF HOME OWNERSHIP, AND AT THE SAME TIME PREVENTING THE MISTAKES THAT LED TO THE 2008 FINANCIAL CRISIS. THE ORIGINATE TO DISTRIBUTE MODEL WHERE ORIGINATORS OF MORTGAGES HAD NO SKIN IN THE GIM AND ALLOWED THOSE MORTGAGES TO BE POORLY UNDERWRITTEN RR NOT UNDERWRITTEN AT ALL WITH NO DOCUMENTATION AND SECURITIZED AN SOLD INTO THE SECONDARY MARKET WITHOUT ANY EYE TOWARD THE CONSUMER AND BORROWER'S ABILITY TO REPAY. EVERYBODY IN THIS INSTITUTION AS EVIDENCED BY THE BIPARTISAN WORK HERE, WE ALL RECOGNIZE THAT A BORROWER SHOULD DEMONSTRATE AN ABILITY TO REPAY THAT LOAN. BUT THE CRUX OF THIS LEGISLATION IS A -- AT THE CORE OF THE LEGISLATION IS A RECOGNITION THAT A LOCAL COMMUNITY BANKER, A LOCAL CREDIT UNION, A LENDER, WITH A PERSONAL RELATIONSHIP WITH A BORROWER IS IN THE BEST POSITION TO DETERMINE WHETHER OR NOT THAT BORROWER THAT PROSPECTIVE HOMEOWNER CAN REPAY THAT LOAN. WHEN THERE'S RISK ETENSION, WHEN THAT LENDER IS CHARGED WITH RESPONSIBILITY OF MAINTAINING THAT LOAN IN PORTFOLIO, THE LENDER IS MUCH MORE INCENTIVIZED TO PROPERLY UNDERWRITE THAT LOAN AND MAKE SURE THAT THAT CUSTOMER THAT BORROWER, THAT FUTURE HOMEOWNER HAS A DEMONSTRABLE ABILITY TO REPAY. AND I THINK IT'S A MUCH BETTER SUBSTITUTE TO A ONE SIZE FITS ALL CREDIT BOX FROM BURE RATS IN WASHINGTON, D.C. WHO HAVE NOY TOWARD THE CREDIT WORTHINESS OF THAT PARTICULAR BORROWER. WE HAVE WORKED TO MAKE THIS A BIPARTISAN PETION OF LEGISLATION LIMITING THE SIZE OF THE INSTITUTIONS THAT CAN ACCESS THIS REGULATORY RELIEF BUT CLEARLY WHEN COMMUNITY FINANCIAL INSTITUTIONS, BANKERS FROM AROUND THE COUNTRY, EVERY PART OF THE COUNTRY ARE SAYING THAT THEY SEE THE Q.M. RULE AS NOT QUALIFIED MORTGAGES BUT QUITTING MORTGAGES, AND WHEN WE SEE AN UNNECESSARY CONSTRAINT OF MORTGAGE CREDIT AND WHEN THE NATIONAL ASSOCIATION OF REALTORS ARE REPORTING THAT THEY'RE UNABLE TO CLOSE MORTGAGES DUE TO THIS ONEROUS QUALIFIED MORTGAGE RULE, CLEARLY THE PENDULUM HAS SWUNG TOO FAR. AND SO YES WE NEEDED SOME REFORMS IN THE AFTERMATH OF THE FINANCIAL CRISIS THIS Q.M. RULE WENT TOO FAR. THIS IS A RECALIBRATION OF THAT AND THIS IS IMPORTANT REGULATORY RELIEF FOR OUR COMMUNITY FINANCIAL INSTITUTIONS THAT WILL INEUROTO THE BENEFIT OF THE AMERICAN -- I NEUROTO THE BENEFIT OF THE AMERICAN PUBLIC -- THAT WILL INURE TO THE BENEFIT OF THE AMERICAN PUBLIC. WITH THAT, LET ME MAKE ONE FINAL OBSERVATION, THAT IS TO GIVE CREDIT TO THE ADMINISTRATION. THE DEPARTMENT OF TREASURY IN THEIR FINDINGS AND RECOMMENDATIONS IN THEIR REPORT ON BANKS AND CREDIT UNION THEY RECOGNIZE THAT THIS WAS A PROBLEM IN THE MORTGAGE LENDING SPACE AND THEY MADE A RECOMMENDATION ALSO TO INCREASE THE PORTFOLIO LENDING SAFE HARBOR TO INSTITUTIONS WITH $10 BILLION IN ASSETS OR LOWER AND THAT, AS THEY ARGUED, WILL ACCOMMODATE LOANS MADE AND RETAINED BY SMALL DEPOSITORY INSTITUTION, PROVIDE THAT NEEDED REGULATORY RELIEF TO OUR FINANCIAL INSTITUTIONS AND EXPAND ACCESS TO MORTGAGE CREDIT IN A RESPONSIBLE WAY. SO WITH THAT, MADAM SPEAKER, I THANK MY COLLEAGUES FOR THEIR SUPPORT, AND AT THIS TIME I HAVE NO FURTHER REQUESTS FOR TIME AND THEREFORE YIELD BACK THE BALANCE OF MY TIME.

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          • 01:56:38 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE…

            THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 2226 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION?

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        • 01:56:53 PM

          On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

          • 01:56:55 PM

            Motion to reconsider laid on the table Agreed to without objection.

            • 01:57:10 PM

              >>

              I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4725.

          • 01:57:11 PM

            Mr. Barr moved to suspend the rules and pass the bill. H.R. 4725 — "To amend the Federal Deposit Insurance Act to require short form call reports for certain depository institutions."

            • 01:57:16 PM

              THE SPEAKER PRO TEMPORE

              THE CLERK WILL REPORT THE TITLE OF THE BILL.

          • 01:57:18 PM

            Considered under suspension of the rules.

            • 01:57:20 PM

              THE CLERK

              H.R. 4725, A BILL TO REQUIRE SHORT FORM REPORTS FOR CERTAIN DEPOSITORY…

              H.R. 4725, A BILL TO REQUIRE SHORT FORM REPORTS FOR CERTAIN DEPOSITORY INSTITUTIONS.

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        • 01:57:20 PM

          DEBATE

          The House proceeded with forty minutes of debate on H.R. 4725.

          • 01:57:29 PM

            TEMPORE PURSUANT

            PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

            PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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          • 01:57:38 PM

            MR. BARR

            MADAM SPEAKER, I RISE TODAY IN SUPPORT OF H.R. 4725, THE COMMUNITY BANK…

            MADAM SPEAKER, I RISE TODAY IN SUPPORT OF H.R. 4725, THE COMMUNITY BANK REPORTING RELIEF ACT. COMMUNITY BANKS WERE HIT HARD BY THE GREAT RECESSION AND THE ENSUING REGULATIONS. NUMEROUS BANKERS HAVE TOLD ME THEY ARE SPENDING MORE AND MORE MONEY AND RESOURCES AND TIME ON COMPLIANCE COSTS AND LESS MONEY AND RESOURCES ON ACTUALLY PROVIDING SERVICES TO CUSTOMERS. THIS IS PARTICULARLY ALARMING BECAUSE THESE SMALL BANKS ARE SO CRITICAL TO THEIR COMMUNITIES. FROM SPONSORING THE LOCAL T-BALL TEAM TO LENDING MONEY TO A FARMER FOR THE NEXT YEAR'S CROP, TO HELPING THE SINGLE MOM PURCHASE A USED CAR SO SHE CAN GET TO WORK, THESE BANKS ARE INVOLVED AT EVERY LEVEL OF OUR COMMUNITIES ALL ACROSS AMERICA. BUT BECAUSE OF OVERREGULATION, THESE BANKS ARE RAPIDLY CLOSING AND CONSOLIDATING. UNFORTUNATELY, THE HEADLINE FOR BANKS IN THE COMMONWEALTH OF KENTUCKY IS NO DIFFERENT. SINCE THE ENACTMENT OF THE DODD-FRANK FINANCIAL CONTROL LAW WE HAVE SEEN A 20% DROP IN THE NUMBER OF BANKS IN OUR STATE AN THERE'S BEEN A DEARTH OF CHARTERS FOR NEW BANKS. IN FACT, SINCE 2010, THERE HAVE BEEN ONLY A FEW DE NOVO CHARTERS FOR BANKS NATIONWIDE. SOME PEOPLE SAY THAT CONSOLIDATION AND MERGERS HAVE BEEN A LONG-TERM TREND FOR THE LAST 30 YEARS AND THEREFORE NOT RELATED TO THE RECENT UPTICK IN REGULATIONS, UNRELATED TO DODD-FRANK. BUT THEY ARE CLEARLY NOT SEING THE BIGGER PICTURE BECAUSE EVEN AFTER MERGERS MANY BRANCHES IN RURAL AND OTHER UNDERSERVED COMMUNITIES ARE CLOSING, LEAVE MANAGE KENTUCKIANS TO DRIVE A TOWN OR TWO OTHER JUST TO GET -- OVER JUST TO GET TO THE NEAREST BANK. IT'S NOT JUST ABOUT A LONG-TERM TREND OF CONSOLIDATION, THERE HAVE BEEN NO NEW CHARTERS WHEREAS BEFORE THE DODD-FRANK LAW WAS ENACTED THERE WERE MANY, MANY NEW CHARTERS EVERY YEAR AND SINCE THE DODD-FRANK LAW WAS ENACTED NO NEW CHARTERS. THE CONSOLIDATION TREND HAS GOTTEN WORSE SINCE THE AVALANCHE OF RED TAPE COMING OUT OF WASHINGTON, D.C. THAT'S HAVING A VERY NEGATIVE IMPACT ON RURAL AND UNDERSERVED AMERICAN COMMUNITIES. WHILE NEW TECHNOLOGIES ARE HELPING BRING BANKING SERVICES TO ANYONE WITH AN INTERNET CONNECTION, MANY PEOPLE STILL PREFER THE PERSONAL, ONE-ON 46 ONE BANKING STYLE THEY GREW UP WITH AND THE PERSONAL INTERACTION OFTEN THAT HELPS THE BANKS THEMSELVES UNDERSTAND THE EXACT NEEDS OF THEIR CUSTOMERS. THE DODD-FRANK LAW WAS ALMOST 2,300 PAGES AND REQUIRED DOZENS OF AGENCIES TO ACQUIRE NEW REGULAR LACES. AS A RESULT THEY ISSUED HUNDREDS OF REGULATIONS AND PLACED ABOUT 28,000 NEW RESTRICTIONS ON THE BANKING INDUSTRY, EFFECTIVELY DOUBLING THE NUMB OF REGULATORY RESTRICTIONS IN TITLE 12 OF THE CODE OF FEDERAL REGULATION TO MORE THAN 52,000. ALTHOUGH NOT PART OF THE DODD-FRANK RUSH OF REGULATIONS, A GROWING NUMBER OF BANKS HAVE CITED THE FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCILS OR FFIEC CONSOLIDATED REPORTS OF POSITION AND INCOME OR CALL REPORTS AS THEY ARE COMMONLY CALLED AS TOO BURDENSOME. EACH QUARTER ALL NATIONAL BANKS, STATE MEMBER BANKS, INSURED STATE NONMEMBER BANKS AND SAVINGS ASSOCIATIONS ARE REQUIRED TO FILE THESE CALL REPORTS. THE REPORTS CONTAIN APPROXIMATELY 50 PAGES OF FINANCIAL DATA ON EACH BANK INCLUDING THEIR ASSETS, LIABILITIES, CAPITAL ACCOUNTS, EXPENSES AND INCOME. HOWEVER THESE REPORTS ARE VERY BURDENSOME FOR COMMUNITY BANKS WITH LIMITED RESOURCES AND OFTEN D -- AND OFFER LITTLE VALUE TO REGULATORS RELATIVE TO THE LAST QUARTER'S REPORT. . THANKFULLY THE ACT IS FIGHTING BACK AGAINST THE BUREAUCRATIC NIGHTMARE OF COMPLYING WITH THESE 52,000 RESTRICTIONS BY ALLOWING BANKS WITH LESS THAN $5 BILLION IN CONSOLIDATED ASSETS TO FILE THEIR CALL REPORTS EVERY SIX MONTHS AS OPPOSED TO EVERY THREE MONTHS. THE IMPACT OF THIS REGULATORY CHANGE WILL BE A HUGE DEVELOPMENT FOR BANKS ACROSS THE COUNTRY. NOW THEY WILL SPEND LESS TIME ON CALL REPORTS AND MORE TIME ON ACTUALLY HELPING CUSTOMERS. THIS MEANS MORE CAPITAL WILL BE FLOWING INTO OUR O LOCAL ECONOMIES, SPURRING JOB GROWTH AND ECONOMIC DEVELOPMENT WHILE MAKING A REAL DIFFERENCE IN THE LIVES OF AMERICANS TRYING TO ACCESS AFFORDABLE CAPITAL TO BUY A NEW HOME OR CAR OR START A BUSINESS. I WANT TO THANK MY GOOD FRIEND FROM ILLINOIS, CONGRESSMAN RANDY ULTGREN, FOR HIS LEADERSHIP AND INTRODUCING THIS IMPORTANT LEGISLATION. DUE TO HIS LEADERSHIP, THIS GREAT COMMUNITY BANK BILL IS BEING CONSIDERED AS A SUSPENSION ON THE FLOOR TODAY. THAT MEANS THAT THERE IS A GREAT CHANCE THAT THIS BILL WILL BUILD ON ITS UNANIMOUS SUPPORT UNANIMOUS SUPPORT EARNED DURING THE HOUSE FINANCIAL SERVICES COMMITTEE MARKUP, AND WILL BE A BIPARTISAN PROVISION IN THE SENATE BANKING CHAIRMAN'S ECONOMIC GROWTH REGULATORY RELIEF AND CONSUMER PROTECTION ACT, WHICH IS EXPECTED TO PASS OUT OF THE SENATE VERY SOON. IN ADDITION TO CONGRESSMAN HULTGREN, I WANT TO THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR THEIR HARD WORK ON THIS CRITICAL LEGISLATION. I URGE MY COLLEAGUES TO VOTE FOR H.R. VERY SOON. IN ADDITION TO CONGRESSMAN HULTGREN, I WANT TO THANK THE COMMUNITY BANK REPORTING RELIEF ACT. 4725, WITH THAT I RESERVE THE BALANCE OF MY TIME.

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          • 02:02:51 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM MICHIGAN.

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          • 02:03:00 PM

            MR. KILDEE

            THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

          • 02:03:02 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN IS RECOGNIZED FOR SUCH TIME HE MAY CONSUME.

          • 02:03:05 PM

            MR. KILDEE

            THANK YOU, MR. SPEAKER. I RISE TO SUPPORT H.R. 4725, THE COMMUNITY BANK…

            THANK YOU, MR. SPEAKER. I RISE TO SUPPORT H.R. 4725, THE COMMUNITY BANK REPORTING RELIEF ACT, WHICH WOULD REDUCE REPORTING REQUIREMENTS THROUGH FIRST AND THIRD QUARTER CALL REPORTS FOR MICHIGAN.

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          • 02:03:12 PM

            MR. KILDEE

            THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.…

            THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. DEPOSITORY INSTITUTIONS WITH LESS THAN $5 MILLION IN TOTAL CONSOLIDATED ASSETS. THIS BILL PROVIDES TARGETED REGULATORY RELIEF TO MANY OF OUR SMALLER FINANCIAL INSTITUTIONS. AS HAS BEEN DESIRABLE, DEMOCRATS AND REPUBLICANS ON THE COMMITTEE AND IN THIS CONGRESS FOR SOME TIME. UNDER THE OBAMA ADMINISTRATION, THE FEDERAL BANKING AGENCIES BEGAN TAKING A SERIES OF STEPS TO REDUCE AND STREAMLINE VARIOUS BANK REPORTING REQUIREMENTS. MANY OF THE REQUIREMENTS HAVE EXISTED FOR DECADES, INCLUDING THE CONSOLIDATED STREAMLINE VARIOUS BANK REPORTING -- QUARTERLY CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR BANK, WHICH IS COMMONLY REFERRED TO AS A CALL REPORT. THESE EFFORTS BY REGULATORS HAVE INCLUDED CREATING A SIMPLER CALL REPORT FOR MOST COMMUNITY BANKS WITH LESS THAN $1 BILLION. REGULATORS HAVE ALREADY BEEN EXPLORING RAISING THE THRESHOLD TO A COMPARABLE LEVEL THAT IS PROPOSED BY THIS LEGISLATION. THE REGULATORS ALSO ALLOW FOR SOME DATA TO BE REPORTED SEMIANNUALLY AS THIS BILL WOULD ALLOW OR ANNUALLY RATHER THAT QUARTERLY. I'M PLEASED THAT H.R. 4725 WOULD GIVE THE REGULATORS DISCRETION TO DECIDE ON WHAT INFORMATION SHOULD BE INCLUDED IN A REDUCED CALL REPORT. IT'S ALSO KEY THAT THE BILL WOULD REQUIRE A FULL CALL REPORT EVERY OTHER QUARTER FOR BANKS UNDER $5 BILLION, INCLUDING AT THE END OF THE YEAR TO MAKE SURE REGULATORS AND THE PUBLIC HAVE SUFFICIENT INFORMATION ON THE HEALTH OF FINANCIAL INSTITUTIONS. FURTHERMORE, THIS BILL WOULD PERMIT REGULATORS TO LIMIT THE REGULATORY RELIEF AS PUBLIC HAVE SUFFICIENT INFORMATION ON THE HEALTH OF FINANCIAL APPROPRIATE. THIS WOULD, FOR EXAMPLE, EXCLUDE BANKS WITH FOREIGN OFFICES OR ONE THAT IS ARE AFFILIATED WITH MUCH LARGER BANKS AS THEY DO TODAY. THIS BILL WOULD APPROPRIATELY MAINTAIN ROBUST OVERSIGHT OF OUR NATION'S LARGEST BANKS WHILE PROVIDING TARGETED RELIEF FOR SMALLER INSTITUTIONS. AS I SAID, WE DON'T AGREE ON EVERYTHING, MANY OF US ON THIS SIDE BELIEVE THAT THE ROBUST PROTECTIONS BUILT INTO DODD-FRANK HAVE STRENGTHENED THE FINANCIAL SYSTEM, BUT THAT THERE ARE WAY THAT IS WE CAN IMPROVE AND RE-- WAYS THAT WE CAN IMPROVE AND REFINE THE RESTRICTIONS TO SUPPORT PARTICULARLY SMALLER INSTITUTIONS. THIS IS A STEP IN THAT DIRECTION. I URGE MY COLLEAGUES TO SUPPORT H.R. 4725. I RESERVE THE BALANCE OF MY TIME.

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          • 02:05:41 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE…

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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          • 02:05:45 PM

            MR. BARR

            MR. SPEAKER, I'M PLEASED TO YIELD SIX MINUTES TO THE SPONSOR OF THE…

            MR. SPEAKER, I'M PLEASED TO YIELD SIX MINUTES TO THE SPONSOR OF THE LEGISLATION, THE GENTLEMAN FROM ILLINOIS, THE BILL'S SPONSOR AND VICE CHAIRMAN OF THE IN THAT DIRECTION. I URGE MY COLLEAGUES TO SUPPORT H.R. 4725. I RESERVE THE BALANCE OF MY TIME. SUBCOMMITTEE ON CAPITAL MARKETS, SECURITIES, AND INVESTMENT, MR. HULTGREN.

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          • 02:05:55 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN IS RECOGNIZED FOR SIX MINUTES.

          • 02:05:58 PM

            MR. HULTGREN

            THANK YOU, MR. SPEAKER. I RISE TODAY TO SPEAK IN SUPPORT OF THE COMMUNITY…

            THANK YOU, MR. SPEAKER. I RISE TODAY TO SPEAK IN SUPPORT OF THE COMMUNITY BANK REPORTING RELIEF ACT. I WOULD LIKE TO BEGIN BY THANKING LEADER MCCARTHY AND CHAIRMAN HENSARLING FOR THEIR SUPPORT IN GETTING THIS LEGISLATION TO THE FLOOR. I ALSO WANT TO THANK AND EXPRESS MY APPRECIATION TO MY COLLEAGUE, ANDY BARR AND TERRI SEWELL, FOR SERVING AS ORIGINAL CO-SPONSORS ON THIS LEGISLATION. I WOULD ALSO LIKE TO OINT OUT THIS IDENTICAL LANGUAGE HAS BEEN INCLUDED IN THE BIPARTISAN REGULATORY RELIEF BILL THAT THE SENATE EXPECTED TO TAKE UP SOME TIME THIS WEEK. BY WAY OF BACKGROUND, THE FEDERAL FINANCIAL INSTITUTIONS EXAMPLE COUNCIL REQUIRES BANKS AND SAVINGS ASSOCIATIONS TO FILE A QUARTERLY CONSOLIDATESED REPORT OF CONDITION AND INCOME -- CONSOLIDATED REPORT OF CONDITION AND INCOME. BANKING REGULATORS USE DATA IN THE CALL REPORT TO DISCOVER THE RISK PROFILE OF EACH INSTITUTION AND ASSESS THE OVERALL CONDITION OF THE WEST BANK BANKING SYSTEM. WE CAN ALL AGREE OUR REGULATORS SHOULD HAVE REGULAR UPDATES ON THE OVERALL PERFORMANCE HEALTH OF FINANCIAL INSTITUTIONS. FOR EXAMPLE, THIS IS IMPORTANT TO FEDERAL BANKING REGULATORS ARE GOING TO BE A PRUDENT STEWARD OF FEDERAL DEPOSIT INSURANCE. HOWEVER, THIS DOES NOT MEAN THAT THE FEDERAL BANKING REGULATORS NEED REGULAR REPORTS ABOUT EVERY SINGLE DATA POINT ON EVERY SINGLE FINANCIAL INSTITUTION. UNFORTUNATELY, THE REPORTING BURDEN HAS GROWN SIGNIFICANTLY OVER THE YEARS. WHICH MEANS BANKS HAVE TO SPEND MORE TIME WITH COMPLIANCE ISSUES RATHER THAN WORKING WITH FAMILIES AND BUSINESSES TO MEET THEIR FINANCIAL NEEDS. WHEN I INTRODUCED SIMILAR LEGISLATION LAST CONGRESS, ONE COMMUNITY BANKER IN ILLINOIS WITH FIRST COMMUNITY BANK AND TRUST SHARED WITH ME, AND I QUOTE, THE QUARTERLY CALL REPORT HAS INCREASED TO SOME 80 PAGES SUPPORTED BY ALMOST 700 PAGES OF INSTRUCTIONS. AND IT REPRESENTS A GROWING BURDEN ON COMMUNITY BANKS, END QUOTE. ACCORDING TO A SURVEY THAT THE INDEPENDENT COMMUNITY BANKERS OF AMERICA CONDUCTED OF ITS MEMBERS IN 2014, OVER 60% OF THE BANKS, END AN OWL COST TO PREPARE THE CALL REPORT GOES TO PERSONNEL SALARIES. THEIR SURVEY SHOWS THIS IS NOT A HIGHLY AUTOMATED PROCESS FOR THOSE INSTITUTIONS AND THAT OFTENTIMES SENIOR EXECUTIVES SUCH AS THE CHIEF FINANCIAL OFFICER, ARE RESPONSIBLE FOR THIS REGULATORY BURDEN. WE ALSO HEARD TESTIMONY IN THE FINANCIAL INSTITUTION SUBCOMMITTEE HEARING FROM ROBERT FISHER, PRESIDENT AND C.E.O. OF TYOGA STATE BANK WHO STATED, I QUOTE, WHEN I FIRST STARTED IN BANKING IN THE MID 1980'S THE REPORT WAS 18 PAGES LONG. NO CHANGE IN OUR BASIC BUSINESS MODEL SINCE THAT TIME WARRANTS THE SHARP GROWTH IN OUR QUARTERLY REPORTING OBLIGATIONS, END QUOTE. THE LENGTH OF THE CALL REPORT HAS SIMPLY GOTTEN OUT OF HAND. WASHINGTON NEEDS TO GET OUT OF THE WAY SO COMMUNITY BANKS CAN FOCUS ON MEETING THE NEEDS OF THEIR COMMUNITIES. THE ROETHLISBERGER OF SMALLER FINANCIAL INSTITUTIONS IS ESPECIALLY IMPORTANT IN MORE RURAL AREAS SUCH AS IN MY DISTRICT WHERE LARGER BANKS TEND TO NOT HAVE AS MANY BRANCHES. THE COMMUNITY BANK REPORTING RELIEF ACT WOULD REQUIRE FEDERAL BANKING REGULATORS TO PERMIT FOR A SHORT FORM CALL REPORT EVERY OTHER QUARTER FOR BANKS WITH LESS THAN $5 BILLION IN ASSETS AND THAT SATISFY OTHER CRITERIA DETERMINED BY BANK REGULATORS. FEDERAL BANKING REGULATORS HAVE NOT DEMONSTRATED THERE ARE STATISTICALLY SIGNIFICANT VARIATIONS IN THIS DATA QUARTER TO QUARTER, AND WE HEARD TESTIMONY CONSISTENT WITH THAT FROM TYOGA STATEBACK IN THE HOUSE FINANCIAL SERVICES COMMITTEE. THIS MEANS THE BANKING REGULATORS ARE COLLECTING TOO MUCH INFORMATION TOO FREQUENTLY. THE FEDERAL BANKING REGULATORS WOULD BE REQUIRED TO TAKE INPUT FROM OUR NEIGHBORHOOD BANKS UNDER CONSIDERATION WHEN MAKING THE CHANGES. THIS CANNOT BE SIMPLY CHECK THE BOX EXERCISES BUT REAL REFORM IS NECESSARY. HOWEVER NOTHING IN THIS LEGISLATION WOULD PREVENT REGULATORS FROM HAVING ACCESS TO THE INFORMATION THAT THEY NEED TO ADEQUATELY UNDERSTAND THE HEALTH OF THE BANKING SYSTEM. REGULATORS WILL STILL RECEIVE THE MOST IMPORTANT INFORMATION EVERY QUARTER. THE INDEPENDENT COMMUNITY BANKERS OF AMERICA HAS SUGGESTED THIS SHORT FORM CALL REPORT INCLUDE THREE SCHEDULES. SCHEDULE R.I., INCOME STATEMENT, SCHEDULE R.I.A., CHANGES IN BANK EXEQUITY CAPITAL, AND SCHEDULE R.C., THE BALANCE SHEET. FURTHERMORE IN THE EVENT THERE IS ANY REASON FOR CONCERN ABOUT THE HEALTH OF THE BANK, REGULATORS WOULD MAINTAIN THEIR AUTHORITY TO MAKE AD HOC INFORMATION REQUESTS. THIS LEGISLATION IS SUPPORTED BY THE AMERICAN BANKERS ASSOCIATION, THE INDEPENDENT COMMUNITY BANKERS OF AMERICA, THE NEIGHBORHOOD BANKS IN ALL OF OUR DISTRICTS LOOKING FOR COMMONSENSE REGULATORY RELIEF. I URGE MY COLLEAGUES TO VOTE IN SUPPORT OF THIS LEGISLATION. WE MUST CUT REGULATION FOR COMMUNITY BANKS. I YIELD BACK THE BALANCE OF MY TIME.

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          • 02:10:28 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES…

            THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM MICHIGAN.

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          • 02:10:32 PM

            MR. KILDEE

            RESERVE.

          • 02:10:35 PM

            MR. BARR

            MR. SPEAKER, LET ME ONCE AGAIN THANK THE GENTLEMAN FROM ILLINOIS FOR HIS…

            MR. SPEAKER, LET ME ONCE AGAIN THANK THE GENTLEMAN FROM ILLINOIS FOR HIS TIRELESS ADVOCACY ON BEHALF OF OUR COMMUNITY FINANCIAL INSTITUTIONS AND PROVIDING SOME COMMONSENSE, BASIC RELIEF TO THOSE INSTITUTIONS SO THAT INSTEAD OF DEALING WITH PAPERWORK THEY CAN ACTUALLY BETTER SERVE THEIR CUSTOMERS AND GROW OUR LOCAL ECONOMIES. MR. SPEAKER, I WOULD ALSO ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL. I RESERVE MY TIME AND WISH TO INFORM MY COLLEAGUE THAT I'M PREPARED TO CLOSE.

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          • 02:11:07 PM

            THE SPEAKER PRO TEMPORE

            WITHOUT OBJECTION. CHAIR RECOGNIZES THE GENTLEMAN FROM MICHIGAN.

          • 02:11:10 PM

            MR. KILDEE

            THANK YOU, MR. SPEAKER. I CLOSE BY REITERATING WHAT I SAID EARLIER. FROM…

            THANK YOU, MR. SPEAKER. I CLOSE BY REITERATING WHAT I SAID EARLIER. FROM TIME TO TIME, IT'S CLEAR THAT WE CAN COME TOGETHER ON SOLUTIONS TO PROBLEMS THAT WE COME ACROSS IN ANY REGULATION, ASPECT OF THE FEDERAL GOVERNMENT, AND EVEN IN AREAS WHERE WE MIGHT FIND BROAD DISAGREEMENT ON THE IMPORTANCE OF MANY OF THE PROTECTION THAT IS WERE PUT IN PLACE AFTER THE FINANCIAL CRISIS, ACROSS THE AISLE WE CAN OFTEN FIND COMMON GROUND AROUND PARTICULAR SOLUTIONS AND WHEN WE DO THAT, WE SHOULD ACT. AND I THINK THAT'S WHY SO MANY OF US WERE PLEASED TO SEE THIS LEGISLATION COME FORWARD TO GIVE US A CHANCE TO DEMONSTRATE THAT. THIS IS A STEP IN THE RIGHT DIRECTION. PARTICULARLY SUPPORTING SOME OF OUR SMALLER INSTITUTIONS. I SUPPORT THIS LEGISLATION, URGE MY COLLEAGUES TO DO THE SAME, I YIELD BACK THE BALANCE OF MY TIME.

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          • 02:11:58 PM

            THE SPEAKER PRO TEMPORE

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE…

            THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE -- THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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          • 02:12:04 PM

            MR. BARR

            I HAVE NO FURTHER REQUESTS FOR TIME AND YIELD BACK.

          • 02:12:06 PM

            THE SPEAKER PRO TEMPORE

            THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R.…

            THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4725. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 OF THOSE VOTING HAVING RESPONDED IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED, AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID UPON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION.

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        • 02:12:14 PM

          On motion to suspend the rules and pass the bill Agreed to by voice vote.

          • 02:12:16 PM

            Motion to reconsider laid on the table Agreed to without objection.

            • 02:12:33 PM

              MR. BARR

              MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS…

              MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS AMENDED.

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            • 02:12:41 PM

              THE SPEAKER PRO TEMPORE

              THE CLERK WILL REPORT THE TITLE OF THE BILL.

            • 02:12:43 PM

              THE CLERK

              UNION CALENDAR NUMBER 415, H.R. 4768, A BILL TO REQUIRE THE PRESIDENT TO…

              UNION CALENDAR NUMBER 415, H.R. 4768, A BILL TO REQUIRE THE PRESIDENT TO DEVELOP A NATIONAL STRATEGIC TO -- STRATEGY TO COMBAT THE FINANCIAL NETWORKS OF TRANSNATIONAL ORGANIZED CRIMINALS, AND FOR OTHER PURPOSES.

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          • 02:12:47 PM

            Mr. Barr moved to suspend the rules and pass the bill, as amended. H.R. 4768 — "To require the President to develop a national strategy to combat the financial networks of transnational organized criminals, and for other purposes."

            • 02:12:58 PM

              Considered under suspension of the rules.

              • 02:12:59 PM

                TEMPORE PURSUANT

                PURSUANT TO THE RULE THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

                PURSUANT TO THE RULE THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR NOW RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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          • 02:13:01 PM

            DEBATE

            The House proceeded with forty minutes of debate on H.R. 4768.

            • 02:13:07 PM

              MR. BARR

              MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

              MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL.

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            • 02:13:14 PM

              THE SPEAKER PRO TEMPORE

              WITHOUT OBJECTION.

            • 02:13:16 PM

              MR. BARR

              MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

            • 02:13:19 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN IS RECOGNIZED.

            • 02:13:21 PM

              MR. BARR

              I RISE TODAY IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING…

              I RISE TODAY IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO AT THE OUTSET APPLAUD AND THANK MY COLLEAGUE, MR. CUSTOFF, FROM TENNESSEE, FOR HIS LEADERSHIP ON THIS IMPORTANT LEGISLATION. AND FOR BRINGING THIS SOLUTION TO THE CONGRESS AND SOLUTION TO THE AMERICAN PEOPLE. AS MEMBERS OF CONGRESS, OUR NUMBER ONE RESPONSIBILITY IS THE NATIONAL SECURITY AND THE WELL-BEING OF THE AMERICAN PEOPLE. UNFORTUNATELY, TRANSNATIONAL CRIMINAL ORGANIZATIONS THREATEN THE SAFETY OF AMERICANS AND WE MUST DO EVERYTHING IN OUR POWER TO STOP THEM. TRANSNATIONAL CRIMINAL ORGANIZATIONS, ORGANIZATIONS THREATEN OR T.C.O.'S AS THEY ARE CALLED FOR SHORT, ARE ENGAGED IN ILLEGAL BUSINESS VENTURES AROUND THE WORLD. SUCH AS MONEY LAUNDERING. CYBER CRIME. AND THE TRAFFICKING OF DRUGS, WEAPONS, ENDANGERED SPECIES, AND HUMAN BEINGS. WHILE T.C.O.'S MAY NOT BE MOTIVATED BY A PARTICULAR RADICAL CAN POLITICAL OR RELIGIOUS IDEOLOGY, THEY ARE MOTIVATED BY MONEY. AND THEY WILL STOP AT NOTHING TO GET IT. ACCORDING TO A 2011 REPORT PUBLISHED BY THE OBAMA ADMINISTRATION ENTITLED STRATEGY TO COMBAT TRANSNATIONAL ORGANIZED CRIME, T.C.O.'S HAVE DRAMATICALLY RAMPED UP THEIR SIZE, SCOPE, AND INFLUENCE AND EVEN TEAMING UP WITH TERRORIST ORGANIZATIONS AND CORRUPT FOREIGN OFFICIALS TO EXPAND THEIR NETWORKS AND CONCEAL THEIR ILLICIT FINANCIAL ASSETS. THESE T.C.O.'S COST THE WESTERN HEMISPHERE ABOUT 3.5% OF GROSS DOMESTIC PRODUCT ANNUALLY, AND THEY GENERATE FOR THEMSELVES AROUND $870 BILLION, WHICH IS ROUGHLY THE VALUE OF THE WORLD'S LARGEST COMPANY, APPLE. PRESIDENT TRUMP ON FEBRUARY 9, 2017, ISSUED EXECUTIVE ORDER 13773, ON ENFORCING FEDERAL LAW WITH RESPECT TO TRANSNATIONAL CRIMINAL ORGANIZATIONS, AND PREVENTING INTERNATIONAL TRAFFICKING. IT STATES THAT T.C.O.'S IN THE FORM OF TRANSNATIONAL DRUG CARTELS HAVE A STRONGHOLD IN AMERICA AND THREATEN THE SAFETY OF THE AMERICAN PEOPLE. FROM FORMER PRESIDENT OBAMA TO CURRENT PRESIDENT TRUMP, T.C.O.'S ARE RECOGNIZED AS A MAJOR RISK TO NATIONAL SECURITY. . THAT'S WHY I'M PLEASED TO SEE THAT MY FRIEND, DAVID KUSTOFF, HAS INTRODUCED H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. THIS LEGISLATION REQUIRES THE PRESIDENT, TREASURY SECRETARY, FINANCIAL REGULATORS, AND OTHER APPROPRIATE OFFICIALS TO CREATE A NATIONAL CENTRAL GEE TO COMBAT TKS AND THEIR -- NATIONAL STRATEGY TO COMBAT T.C.O.'S AND TO IDENTIFY THE LARGEST THREATS TO THE UNITED STATES. IT INCLUDE THE IDENTIFICATION OF THE PEOPLE OR GROUPS THAT FACILITATE ACCESS FOR THE T.C.O.'S SUCH AS SMUGGLING BULK CASH, EXPLOITATION OF SHELL COMPANIES AND THE USE OF COVERT CRIP TOE CURRENCIES -- CRYPTOCURRENCIES. AND INCLUDE LONG-TERM AND SHORT-TERM GOALS, HOW GOALS WILL BE INTEGRATED INTO EXISTING NATIONAL SECURITY APPARATUSES AND IF NEEDED SUGGEST LEGISLATIVE AND REGULATE CHANGES TO BETTER FIGHT AGAINST T.C.O.'S. THIS BILL PASSED THE COMMITTEE IN JANUARY AND IT'S MY HOPE IT PASSES WITH UNANIMOUS SUPPORT TODAY ON THE HOUSE FLOOR. IN ADDITION TO CONGRESSMAN KUSTOFF, I WANT TO THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR THEIR HARD WORK ON THIS ISSUE. TOGETHER WE CAN IN A BIPARTISAN WAY EMPOWER OUR GOVERNMENT TO BETTER FIGHT TRANSNATIONAL CRIMINAL ORGANIZATIONS, MAKING THE AMERICAN PEOPLE SAFER AND OUR ECONOMY STRONGER. MR. SPEAKER, I URGE MY COLLEAGUES TO VOTE FOR H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT, AND WITH THAT I RESERVE THE BALANCE OF MY TIME.

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            • 02:17:33 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM KENTUCKY RESERVES THE BALANCE OF HIS TIME. THE…

              THE GENTLEMAN FROM KENTUCKY RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

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            • 02:17:38 PM

              MR. KILDEE

              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

            • 02:17:41 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

            • 02:17:43 PM

              MR. KILDEE

              THANK YOU, MR. SPEAKER. IF EVER THERE IS A TIME FOR DEMOCRATS AND…

              THANK YOU, MR. SPEAKER. IF EVER THERE IS A TIME FOR DEMOCRATS AND REPUBLICANS TO COME TOGETHER IN A BIPARTISAN FASHION, IT WOULD BE AROUND THIS ISSUE, AROUND AN ISSUE TO COMBAT THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS. THAT'S WHAT H.R. 4768 WOULD DO. SPECIFICALLY, IT WOULD REQUIRE THE SECRETARY OF TREASURY TO LEAD THE EFFORT IN CONSULTATION WITH OTHER KEY AGENCIES AND DEPARTMENTS AND UPDATE THE STRATEGY TO FIGHT THESE ORGANIZATIONS AT LEAST EVERY TWO YEARS. ADDITIONALLY, THE LEGISLATION REQUIRES THE ADMINISTRATION TO ASSESS THE KEY THREATS, FINANCIAL SUPPORT NETWORKS AND METHODS USED BY CRIMINAL GROUPS TO LAUNDER THE PROCEEDS OF ILLICIT ACTIVITIES. IN PASSING THIS LEGISLATION, WE WILL NOT ONLY BUILD UPON BUT ALSO CEMENT THE IMPORTANCE OF THE INTERAGENCY APPROACH TAKEN BY THE PRIOR ADMINISTRATION IN COMBATING THE IMPACT OF GLOBAL CRIMINAL ENTERPRISES. INDEED, IN 2010, THE OBAMA ADMINISTRATION CONDUCTED A COMPREHENSIVE ASSESSMENT OF ORGANIZED CRIME, THE FIRST SUCH REVIEW THAT HAD TAKEN PLACE SINCE THE MID 1990'S. THE ASSESSMENT CAME TO THE ALARMING CONCLUSION THAT THE THREAT OF GLOBAL CRIMINAL NETWORKS HAD BECOME MORE COMPLEX, VOLATILE AND DESTABILIZING AND THAT SUCH GROUPS WERE PROLIFERATING, STRIKING NEW AND POWERFUL ALLIANCES AND ENGAGING IN A GROWING RANGE OF ILLICIT ACTIVITIES SUCH AS WE'VE NEVER SEEN BEFORE. TO COMBAT THIS GROWING THREAT AND LESSEN ITS IMPACT BOTH DOMESTICALLY AND ON OUR FOREIGN PARTNERS, THE OBAMA ADMINISTRATION IN 2011 ISSUED A COMPREHENSIVE INTERAGENCY STRATEGY THAT IDENTIFIED 56 PRIORITY ACTIONS ACROSS FIVE STRATEGIC OBJECTIVES. ONE OF THESE KEY OBJECTIVES INCLUDED BREAKING THE ECONOMIC POWER OF TRANSNATIONAL CRIMINAL NETWORKS AND PROTECTING STRATEGIC MARKETS AND THE U.S. FINANCIAL SYSTEM FROM PENETRATION AND ABUSE BY TRANSNATIONAL ORGANIZED CRIME. THIS STRATEGIC OBJECTIVE IN PARTICULAR RESONATES WITH ME AS I'VE ALWAYS BELIEVED STRONGLY THAT FOLLOWING THE MONEY AND USING OUR ECONOMIC LEVERAGE IS THE BEST WAY TO COUNTER ILLICIT ACTIVITY. THIS IS ESPECIALLY TRUE IN COUNTERING TRANSNATIONAL CRIMINAL ORGANIZATIONS WHOSE PRIMARY OBJECTIVE IS ECONOMIC GAIN. IN A NUMBER OF WAYS, THIS LEGISLATION BEFORE US WILL ENSURE THAT TREASURY AS WELL AS THE INTELLIGENCE AND BROADER U.S. NATIONAL SECURITY APPARATUS REMAINS FOCUSED ON SOME OF THE EMERGING THREATS POSED BY TRANSNATIONAL ORGANIZED CRIME GROUPS, INCLUDING HUMAN TRAFFICKERS, DRUG TRAFFICKERS AND CYBERCRIMINALS. ADDITIONALLY, THE LEGISLATION EXPLICITLY REQUIRES THE ADMINISTRATION TO EXAMINE HOW SUCH GROUPS EXPLOIT THE USE OF SHELL COMPANIES, MISUSE DIGITAL CURRENCIES AND OTHER CYBERTECHNOLOGIES. I'M ALSO PLEASED WITH THE CONCURRENCE OF THE CHAIRMAN AND THE GENTLEMAN FROM TENNESSEE, MR. KUSTOFF, THE COMMITTEE AGREED TO ADOPT AN AMENDMENT OFFERED BY RANKING MEMBER WATERS THAT SHARPENS THE BILL'S FOCUS ON THE METHODS BY WHICH TRANSNATIONAL ORGANIZED CRIME GROUPS LAUNDER ILLICIT FUNDS USING REAL ESTATE AND OTHER TANGIBLE GOODS SUCH AS ART AND ANTIQUITIES. THESE SIGNIFICANT VULNERABILITIES HAVE BEEN IDENTIFIED AS MAJOR THREATS TO OUR NATIONAL SECURITY AND THE SBEG RIFT OUR FINANCIAL -- INTEGRITY OF OUR FINANCIAL SYSTEM BY A BROAD RANGE OF BIPARTISAN EXPERTS INCLUDING THE FINANCIAL CRIMES ENFORCEMENT NETWORK AND THE FINANCIAL ACTION TASK FORCE. FOR EXAMPLE, JUST LAST YEAR, FINCEN SAID THAT REAL ESTATE TRANSACTIONS AND THE REAL ESTATE MARKET HAVE CERTAIN CHARACTERISTICS THAT MAKE THEM VULNERABLE TO ABUSE BY ILLICIT ACTORS. FOR THESE REASONS AND OTHERS, DRUG TRAFFICKERS, CORRUPT OFFICIALS, AND OTHER CRIMINALS CAN AND HAVE USED REAL ESTATE TO CONCEAL THE EXISTENCE AND ORIGIN OF THEIR ILLICIT FUNDS, END QUOTE. THE ENTITIES AND INDIVIDUALS THAT HAVE SOUGHT TO EXPLOIT REAL ESTATE TO CONCEAL ILLICIT FUNDS INCLUDES IRANIAN BANKS SUBJECT TO U.S. SANCTIONS, RUSSIAN OLIGARCHS AND RUSSIAN ORGANIZED CRIME RINGS AS WELL AS VENEZUELAN OFFICIALS FOUND TO BE ENGAGED IN NARCOTICS TRAFFICKING. THE FACT THAT THESE VULNERABILITIES ARE NOT MERELY THEORETICAL AND HAVE BEEN USED BY A WIDE RANGE OF CRIMINAL GROUPS SHOULD DISTURB ALL OF US. WE ALSO KNOW THAT MONEY LAUNDERING THROUGH THE GLOBAL ART AND AN TECH WITS MARKET IS -- ANTIQUITIES MARKET IS ANOTHER KEY METHOD FOR WASHING ILLICIT FUNDS THAT'S UNDOUBTEDLY BEING EXPLOITED BY TRANSNATIONAL CRIMINAL GROUPS. INDEED, WE KNOW THE LOOTING AND TRAFFICKING IN CULTURAL HERITAGE IS A SOURCE OF REVENUE THAT HAS FUNDED ISIS' HEINOUS ACTIVITIES AND WE KNOW THE OPAQUE CHARACTERISTICS OF THE HIGH END ART MARKET AND THE BASIC ANTI-MONEY LAUNDERING REQUIREMENTS MAKE IT A TARGET FOR ILLICIT FUNDS. SO I'M PLEASED THAT THE MEMBERS OF THIS COMMITTEE WERE ABLE TO AGREE THAT REAL ESTATE AND ART MARKET VULNERABILITIES SHOULD BE GIVEN DUE CONSIDERATION WHEN IT COMES TO TRANSNATIONAL ORGANIZED CRIME. AGAIN, THIS IS ONE OF THOSE SUBJECTS AROUND WHICH BIPARTISANSHIP SHOULD BE ASSUMED. I URGE ALL MEMBERS TO JOIN IN THIS BIPARTISAN EFFORT AND SUPPORT THIS LEGISLATION. I RESERVE THE BALANCE OF MY TIME.

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            • 02:23:23 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM MICHIGAN RESERVES THE BALANCE OF HIS TIME. THE…

              THE GENTLEMAN FROM MICHIGAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

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            • 02:23:28 PM

              MR. BARR

              MR. SPEAKER, I'M PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM…

              MR. SPEAKER, I'M PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM TENNESSEE, THE FORMER UNITED STATES ATTORNEY FROM THE WESTERN DISTRICT OF TENNESSEE, WHO HAS BROUGHT CONSIDERABLE PROSECUTORIAL EXPERIENCE IN DRAFTING AND AUTHORING THIS LEGISLATION, A MEMBER OF THE HOUSE FINANCIAL SERVICES COMMITTEE,

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            • 02:23:45 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM TENNESSEE IS RECOGNIZED FOR FIVE MINUTES.

            • 02:23:48 PM

              MR. KUSTOFF

              THANK YOU, MR. SPEAKER. AND THANK YOU, MR. CHAIRMAN. I RISE TODAY IN…

              THANK YOU, MR. SPEAKER. AND THANK YOU, MR. CHAIRMAN. I RISE TODAY IN SUPPORT OF MY BILL, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. ON FEBRUARY 9, 2017, LAST YEAR, PRESIDENT TRUMP ISSUED AN EXECUTIVE ORDER DIRECTING THE FEDERAL GOVERNMENT TO COMBAT INTERNATIONAL DRUG TRAFFICKING. NOW, BEFORE I GO ANY FURTHER, I WANT TO TAKE NOTE THIS EXECUTIVE ORDER WAS ISSUED IN THE THIRD WEEK OF THE TRUMP ADMINISTRATION. THIS EARLY ACTION GIVES US AN IDEA HOW SERIOUSLY WE MUST TAKE THIS ISSUE. THE EXECUTIVE ORDER RECOGNIZES THE ILLEGAL DRUGS ARE POURING INTO OUR COUNTRY AND THEY'RE THREATENING AMERICAN SAFETY PRIMARILY AT THE HANDS OF CARTELS AND OTHER TRANSNATIONAL CRIMINAL ORGANIZATIONS. THESE CRIMINAL ORGANIZATIONS ARE RESPONSIBLE IN LARGE PART FOR THE RISING OPIOID EPIDEMIC SWEEPING ACROSS OUR NATION. TAKE MY DISTRICT OF WEST TENNESSEE WHERE WE CONTINUE TO SEE A RISE IN THE DEATHS CAUSED BY OPIOID OVERDOSES FROM HEROIN TO FENTANYL AND THE MORE POTENT SYNTHETIC OPIOID KNOWN AS CARFENTANIL. WE MUST CONTINUE TO USE EVERY AVAILABLE RESOURCE TO PREVENT THE FURTHER DESTRUCTION OF OUR COMMUNITIES. WE GOT TO SAY ENOUGH IS ENOUGH. THE IMPORTANT LEGISLATION THAT WE'RE DISCUSSING TODAY WILL CREATE A PLAN TO TRACK ILLICIT MONEY CHANNELS AND CUT THEM OFF AT THE SOURCE. SPECIFICALLY, IT DIRECTS THE UNITED STATES TREASURY DEPARTMENT TO DEVELOP A NATIONAL STRATEGY AIMED AT DISRUPTING THESE FINANCIAL CRIMES. THE TREASURY DEPARTMENT WILL WORK HAND IN HAND WITH THE DEPARTMENT OF DEFENSE, THE DEPARTMENT OF HOMELAND SECURITY , THE DEPARTMENT OF JUSTICE, THE STATE DEPARTMENT, AND THE OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE TO PRODUCE A YEARLY REPORT OUTLINING A STRATEGY AND DEALING WAYS THAT THE UNITED STATES -- DETAILING WAYS THAT THE UNITED STATES GOVERNMENT CAN CONTINUE TO PREVENT THESE FINANCIAL CRIMES. FOR FAR TOO LONG, THESE CRIMINAL ORGANIZATIONS HAVE USED ILLILLIS BUSINESS VENTURES TO -- ILLICIT BUSINESS VENTURES TO FURTHER FINANCE THEMSELVES FROM MONEY LAUNDERING TO THE TRAFFICKING OF DRUGS AND HUMAN TRAFFICKING AND WEAPONS TRAFFICKING AND ENDANGERED SPECIES. THE UNITED NATIONS OFFICE ON DRUGS AND CRIMES ESTIMATE THAT THESE CARTELS AND TRANSNATIONAL CRIMINAL ORGANIZATIONS GENERATE NEARLY $870 BILLION A YEAR. THIS MONEY IS USED TO DIRECTLY THREATEN THE SECURITY AND THE PROSPERITY OF THE UNITED STATES OF AMERICA AND OTHER COUNTRIES IN THE WESTERN HEMISPHERE. OUR LEGISLATION IS A CRITICAL STEP IN DISRUPTING THIS ILLICIT FINANCE AND PUTTING AN END TO THE NEEDLESS CRIMES COMMITTED BY CARTELS. AS WE'VE SEEN, THESE ORGANIZATIONS HAVE EVOLVED IN A CONTINUED EFFORT TO EVADE LAW ENFORCEMENT. THEREFORE, IN AN EFFORT TO STAY ONE STEP AHEAD OF THESE BAD ACTORS, WE'VE ALSO GOT TO EVOLVE. THESE TRANSNATIONAL CRIMINAL ORGANIZATIONS HAVE DEVELOPED INTERSTATE NETWORKS TO AND FROM THE BORDER IN WHICH DRUGS COME UP FROM CENTRAL AMERICA AND THE CASH RETURNS BACK TO THE COUNTRY OF ORIGIN. WE SIMPLY CANNOT STAND IDLY BY AS THESE ACTIVITIES CONTINUE. WE MUST KEEP MONEY OUT OF THE HANDS OF THOSE WHO INTEND TO CAUSE HARM TO OUR NATION, AND I THINK THIS LEGISLATION DOES EXACTLY THAT. I GREATLY APPRECIATE THE HARD WORK DONE BY MY COLLEAGUES FROM THE FINANCIAL SERVICES COMMITTEE ON THIS VERY IMPORTANT LEGISLATION. I URGE ALL MY COLLEAGUES TO SUPPORT THIS PASSAGE, AND I THANK YOU VERY MUCH AND AT THIS TIME I YIELD BACK THE BALANCE OF MY TIME.

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            • 02:28:04 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM TENNESSEE YIELDS BACK. THE GENTLEMAN FROM KENTUCKY…

              THE GENTLEMAN FROM TENNESSEE YIELDS BACK. THE GENTLEMAN FROM KENTUCKY RESERVES. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

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            • 02:28:09 PM

              MR. KILDEE

              THANK YOU, MR. SPEAKER. I NOW YIELD THREE MINUTES TO THE GENTLEWOMAN FROM…

              THANK YOU, MR. SPEAKER. I NOW YIELD THREE MINUTES TO THE GENTLEWOMAN FROM ARIZONA, CO-SPONSOR OF THIS LEGISLATION, THE DISTINGUISHED MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MY CLASSMATE, MS. SINEMA.

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            • 02:28:22 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEWOMAN FROM ARIZONA IS RECOGNIZED FOR THREE MINUTES.

            • 02:28:25 PM

              MS. SINEMA

              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4768, THE NATIONAL…

              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. MR. SPEAKER, ACCORDING TO THE DRUG ENFORCEMENT ADMINISTRATION'S PHOENIX DIVISION, THE SINALOA CARTEL IS THE BIGGEST, MOST VIOLENT AND NASTIEST ORGANIZATION THREATENING ARIZONANS, EVEN BIGGER THAN MS-13. IT'S A DANGEROUS AND HIGHLY SOPHISTICATED ORGANIZATION. SINALOA SMUGGLES HEROIN AND METHAMPHETAMINE ACROSS THE BORDER INTO ARIZONA AND WITH IT A PATTERN OF CRIME, INTIMIDATION AND ADDICTION THAT RIPS AT THE VERY FABRIC OF OUR COMMUNITIES. ARIZONANS KNOW WE NEED TO BE TOUGH, SMART, AND AGGRESSIVE TO CONFRONT SINALOA AND OTHER CARTELS. OUR BILL CRACKS DOWN ON DRUG CARTELS AND OTHER CRIME SYNDICATES THAT THREATEN ARIZONAN FAMILIES AND OTHER QUALITIES OF LIFE THAT HITS THEM WHERE IT COUNTS, THEIR BANK ACCOUNTS. THEY OBTAIN WEALTH AND POWER THROUGH MONEY LAUNDERING, CYBERCRIME, AND HUMAN, DRUGS AND WEAPONS SMUGGLING. TO STOP THE DRUG CARTELS AND PROTECT ARIZONA FAMILIES, WE NEED A COMPREHENSIVE APPROACH TO CUT OFF THE MONEY THAT FUELS THEIR OPERATIONS. THAT'S WHY CONGRESSMAN KUSTOFF OF TENNESSEE AND I INTRODUCED H.R. 4768. THIS BILL REQUIRES THE ADMINISTRATION TO DEVELOP AND EXECUTE A STRATEGY THAT CUTS OFF FUNDING AND OTHER RESOURCES FOR TRANSNATIONAL CRIMINAL ORGANIZATIONS AND TO ROUTINELY REPORT TO CONGRESS AND THE AMERICAN PEOPLE ON THE STRATEGIES PROCESS. OUR BILL IS A COMMONSENSE SOLUTION THAT PROTECTS ARIZONA FAMILIES, COMMUNITIES, AND BUSINESSES FROM THE THREATS OF TRANSNATIONAL ORGANIZED CRIME. BY FOCUSING ON THE MONEY, WE TAKE A MEANINGFUL STEP IN COMBATING CYBERCRIME, MONEY LAUNDERING, AND DRUG TRAFFICKING AND HUMAN TRAFFICKING AS WELL AS OTHER ISSUES THAT TRANSNATIONAL CRIMINALS BRING TO OUR COMMUNITIES. I THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR SUPPORTING THIS IMPORTANT LEGISLATION, AND I'LL CONTINUE WORKING WITH MY COLLEAGUES ACROSS THE AISLE TO KEEP ARIZONA FAMILIES SAFE. THANK YOU, MR. SPEAKER. I YIELD BACK. .

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            • 02:30:48 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

            • 02:30:50 PM

              MR. BARR

              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM PENNSYLVANIA, THE…

              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM PENNSYLVANIA, THE VICE CHAIRMAN OF THE FINANCIAL SERVICES SUBCOMMITTEE ON FINANCIAL INSTITUTIONS, MR. ROTHFUS.

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            • 02:30:59 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN IS RECOGNIZED.

            • 02:31:01 PM

              MR. ROTHFUS

              I THANK THE SPEAKER. I THANK CHAIRMAN BARR FOR YIELDING. I RISE TODAY TO…

              I THANK THE SPEAKER. I THANK CHAIRMAN BARR FOR YIELDING. I RISE TODAY TO EXPRESS MY SUPPORT FOR THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO THANK MY COLLEAGUE FOR HIS IMPORTANT WORK ON THIS ISSUE. THEY HAVE BEEN EXAMINING GLOBAL CRIMINAL ORGANIZATIONS AND THE THREAT THEY POSE TO THE UNITED STATES FINANCIAL SYSTEM. THESE SOPHISTICATED AND DANGEROUS ORGANIZATIONS LIKE DRUG CARTELS INCREASINGLY POSE A DIRECT THREAT TO THE SAFETY AND SECURITY OF ALL AMERICANS. THEY HAVE FUELED THE OPIOID CRISIS THAT CONTINUES TO KILL TENS OF THOUSANDS OF AMERICANS EACH YEAR, INCLUDING THE SPREAD OF HUMAN TRAFFICKING AMONG A HOST OF OTHER ILLICIT ACTIVITIES. I WANT TO REMIND MY COLLEAGUES ENTIRE COMMUNITIES ARE STILL PLAGUED BY THIS CRISIS INCLUDING HARD-HIT COMMUNITIES IN WESTERN PENNSYLVANIA. BEYOND THE OPIOID CRISIS I WANT TO HIGHLIGHT AN EXCEPTIONALLY DANGEROUS SITUATION IN WHICH THE UNITED STATES FINDS ITSELF. SOME OF THE CARTELS ARE NOW WORKING DIRECTLY WITH ORGANIZATIONS LIKE HEZBOLLAH, A TERRORIST ORGANIZATION. AS REFLECTED IN THE RECENT "POLITICO" ARTICLE. FORTUNATELY, THE NEW ADMINISTRATION IS TAKING A TOUGHER STANCE NOW WITH THE ANNOUNCEMENT OF A NEWLY CREATED HEZBOLLAH FINANCING AND NARCOTERRORISM TEAM. MR. SPEAKER, IT'S ABOUT TIME AMERICA FOUGHT BACK AGAINST THIS GROWING INTERNATIONAL THREAT AND THIS BILL WILL HELP ENSURE THE GOVERNMENT HAS A STRATEGY TO STAY IN THIS FIGHT. LIVES DEPEND ON IT. I URGE MY COLLEAGUES TO SUPPORT THIS BILL AND I YIELD BACK THE BALANCE OF MY TIME.

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            • 02:32:40 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

            • 02:32:43 PM

              MR. KILDEE

              I RESERVE.

            • 02:32:44 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY VIRGINIA TECH.

            • 02:32:47 PM

              MR. BARR

              -- THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

            • 02:32:52 PM

              MR. BARR

              I'M PLEASED TO YIELD -- THREE MINUTES TO THE GENTLEMAN FROM NORTH…

              I'M PLEASED TO YIELD -- THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, A MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MR. BUDD.

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            • 02:33:00 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM NORTH CAROLINA IS RECOGNIZED.

            • 02:33:05 PM

              MR. BUDD

              THANK YOU, MR. SPEAKER. I RISE TODAY IN STRONG SUPPORT OF MR. KUSTOFF'S…

              THANK YOU, MR. SPEAKER. I RISE TODAY IN STRONG SUPPORT OF MR. KUSTOFF'S BILL, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSACTIONABLE -- TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO THANK MY FRIEND FOR HIS LEADERSHIP ON THIS IMPORTANT ISSUE, EVEN IF IT DOES HAVE A REALLY, REALLY LONG NAME. I HAVE SEEN FIRSTHAND HOW THESE TRANSNATIONAL DRUG CARTELS CAN DISRUPT CIVIL SOCIETY. IN MY OWN DISTRICT, THE OPIOID EPIDEMIC HAS DESTROYED INNOCENT PEOPLE'S LIVES, INCLUDING KIDS, WHILE TRANSNATIONAL CRIMINAL ORGANIZATIONS OR T.C.O.'S PROFIT ON PEOPLE'S MISERY AND THEIR DEATH. T.C.O.'S HAVE BROUGHT HEROIN TO OUR STREETS AND ALONG WITH IT INCREASED CRIME, PLACING ADDITIONAL BURDENS ON LAW ENFORCEMENT AND LOCAL COMMUNITIES. WE'RE IN CRISIS MODE AND TARGETED STEPS NEED TO BE TAKEN TO ADDRESS THIS EPIDEMIC AT ALL PHASES. WE HAVE TO CRACK DOWN ON THE PUSHER ON THE STREET. WE HAVE TO CRACK DOWN ON THE DRUG CARTELS. WE HAVE TO CRACK DOWN ON THE DRUG COMPANIES THAT HAVE MADE A PROFIT FROM OVERPRESCRIPTION AND FILLING SUSPECT ORDERS. MOST OF ALL, WE HAVE TO CRACK DOWN ON THE INTRY KATE, FACELESS, AND WE HAVE TO CRACK DOWN UNBELIEVABLY COMPLEX CRIMINAL ORGANIZATION THAT IS ALLOWS THE PROFITS FROM THESE ACTIVITIES INTO OUR ECONOMY. WE MUST ERADICATE THE INTERNATIONAL ILLICIT FINANCING NETWORKS THAT ARE THE LINCHPIN OF ANY CRIMINAL ORGANIZATIONS -- ORGANIZATION'S OPERATIONS BUT WE DON'T HAVE A UNIFIED NATIONAL PLAN. THIS COMMITTEE HAS AN OPPORTUNITY TO MAKE A DIFFERENCE BY COMING UP WITH A NATIONAL STRATEGY AND PLAN TO ATTACK TRANSNATIONAL CRIMINAL ORGANIZATIONS'S FINANCES. MR. KUSTOFF'S BILL WOULD DIRECT THE SECRETARY OF TREASURY TO PROVIDE THAT PLAN, A VITAL FIRST STEP TOWARDS ADDRESSING THE CLET POSED BY THE GROWING FIX -- SOPHISTICATEATION OF ILLICIT NETWORKS. PASSING THIS BILL IS AN ADDRESSING THE CLET POSED EFFECTIVE STEP TOWARD A SUSTAINED NATIONAL STRATEGY. THEREFORE, IT IS CRITICAL THAT WE CONTINUE TO MAXIMIZE COOPERATION AMONG FEDERAL DEPARTMENTS TO KEEP OUR POLICIES AHEAD OF THESE TRANSNATIONAL CRIMINALS. I URGE ADOPTION OF MR. KUSTOFF'S TIMELY AND IMPORTANT PIECE OF LEGISLATION. MR. SPEAKER, I YIELD BACK.

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            • 02:35:20 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

            • 02:35:23 PM

              MR. KILDEE

            • 02:35:34 PM

              BARR

              PLCHT BARR: THANK YOU, MR. SPEAKER. AIM PLEASED TO YIELD TWO MINUTES TO…

              PLCHT BARR: THANK YOU, MR. SPEAKER. AIM PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM FLORIDA, MR. GAETZ.

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            • 02:35:37 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

            • 02:35:40 PM

              MR. GAETZ

              I THANK THE GENTLEMAN FOR YIELDING. I ALSO THANK THE GENTLEMAN FROM…

              I THANK THE GENTLEMAN FOR YIELDING. I ALSO THANK THE GENTLEMAN FROM TENNESSEE FOR INTRODUCING THIS RESPONSIBLE LEGISLATION. MR. SPEAKER, I AM LOOKING FORWARD TO CIRCUMSTANCES WHERE THIS ADMINISTRATION WILL HAVE ADDITIONAL TOOLS TO DEAL WITH TRANSNATIONAL CRIMINAL ORGANIZATIONS, AND I HOPE THAT WE WILL USE THOSE TOOLS TO COUNTER THE THREAT POSED THREAT POSED BY HEZBOLLAH. HEZBOLLAH IS NOT A POLITICAL PARTY, NOT A QUAINT REFLECTION OF HISTORY, IT'S A WEB OF TERRORISTS AND CRIMINALS, AND THAT WEB EXTENDS HERE TO OUR HEMISPHERE. IN FACT, IN 2009, THERE WAS AN ARREST MADE IN PHILADELPHIA WHERE HEZBOLLAH OPERATIVE WERE LOOKING TO MOVE MACHINES GUNS INTO SYRIA. THIS IMPORTANT LEGISLATION WILL HELP US BUILD A PLAN TO LEVERAGE OUR ALLIES, TO LEVERAGE THE ORGANIZATION OF AMERICAN STATES AND OTHER ASSETS SO THAT WE RECOGNIZE THE THREAT THAT HEZBOLLAH AND OTHER TERRORIST ORGANIZATIONS POSE AND SO WE MEET THAT THREAT HEAD-ON. I YIELD BACK THE BALANCE OF MY TIME.

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            • 02:36:49 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

            • 02:36:52 PM

              MR. KILDEE

              THANK YOU, MR. SPEAKER. I'M PREPARED TO CLOSE. OBVIOUSLY AS I SAID…

              THANK YOU, MR. SPEAKER. I'M PREPARED TO CLOSE. OBVIOUSLY AS I SAID HEAD-ON. I YIELD BACK THE BALANCE OF MY TIME.

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            • 02:36:56 PM

              THE SPEAKER PRO TEMPORE

              WE NEED A NATIONAL STRATEGY TO COMBAT THE FINANCING OF TRANSNATIONAL…

              WE NEED A NATIONAL STRATEGY TO COMBAT THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS. THIS LEGISLATION REQUIRES SUCH A STRATEGY BE PUT TOGETHER. IT'S AN ISSUE THAT CROSSES VIRTUALLY EVERY PARTISAN OR IDEOLOGICAL LINE. IT'S A LEGISLATION WE CAN EMBRACE AND SUPPORT. I ENCOURAGE MY COLLEAGUES TO DO SO AND YIELD BACK THE BALANCE OF MY TIME.

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            • 02:37:18 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

            • 02:37:21 PM

              MR. BARR

              THANK YOU, MR. SPEAKER. I AM PREPARED TO CLOSE AS WELL AND AS I CLOSE I…

              THANK YOU, MR. SPEAKER. I AM PREPARED TO CLOSE AS WELL AND AS I CLOSE I WANT TO ONCE AGAIN THANK MY COLLEAGUES FOR SUPPORTING THIS LEGISLATION AND IN PARTICULAR I'D LIKE TO THANK THE GENTLEMAN FROM TENNESSEE, MR. KUSTOFF, FOR HIS LEADERSHIP ON THIS ISSUE. I WOULD NOTE ALSO IN ADDITION TO ALL OF THE MANY SOUND AND PERSUASIVE ARGUMENTS THAT HAVE BEEN OFFERED FOR WHY WE NEED THIS LEGISLATION, THIS NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT, THAT THE NATIONAL FRATERNAL ORDER OF POLICE HAS ENDORSED THIS LEGISLATION. AS A MEMBER OF CONGRESS REPRESENTING A STATE THAT HAS BEEN RAVAGED BY HEROIN AND OPIOID ADDICTION, I CAN'T THINK OF A MORE IMPORTANT THING FOR THIS CONGRESS TO DO THAN TO DEVELOP A NATIONAL STRATEGY FOR COMBATING THESE TRANSNATIONAL GANGS THAT ARE PREYING ON OUR COMMUNITIES. ONCE AGAIN I COMMEND MR. KUSTOFF FOR HIS LEADERSHIP IN THIS AREA AND IN THIS EFFORT AND IN THIS FIGHT. I APPLAUD MY COLLEAGUES FOR SUPPORTING THE LEGISLATION ON BOTH SIDES OF THE AISLE. AND AT THIS TIME WE HAVE NO FURTHER REQUESTS FOR TIME AND YIELD BACK THE BALANCE OF MY TIME.

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            • 02:38:28 PM

              THE SPEAKER PRO TEMPORE

              THE GENTLEMAN YIELDS. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES…

              THE GENTLEMAN YIELDS. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS AMENDED. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 OF THOSE VOTING HAVING RESPONDED IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED, AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID UPON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM OREGON SEEK RECOGNITION?

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          • 02:38:43 PM

            On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

            • 02:38:44 PM

              Motion to reconsider laid on the table Agreed to without objection.

              • 02:39:06 PM

                Mr. Walden moved to suspend the rules and pass the bill, as amended. H.R. 4986 — "To amend the Communications Act of 1934 to reauthorize appropriations for the Federal Communications Commission, to provide for certain procedural changes to the rules of the Commission to maximize opportunities for public participation and efficient decisionmaking, and for other purposes."

                • 02:39:12 PM

                  MR. WALDEN

                  I MOVE THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4986, AS AMENDED.

                • 02:39:17 PM

                  THE SPEAKER PRO TEMPORE

                  THE CLERK WILL REPORT THE TITLE OF THE BILL.

                • 02:39:19 PM

                  THE CLERK

                  H.R. 4986, A BILL TO AMEND THE COMMUNICATIONS ACT OF 1934 TO…

                  H.R. 4986, A BILL TO AMEND THE COMMUNICATIONS ACT OF 1934 TO RE-AUTHORIZATION APPROPRIATIONS FOR THE FEDERAL COMMUNICATIONS COMMISSION TO PROVIDE FOR CERTAIN PROCEDURAL CHANGES TO THE RULES OF THE COMMISSION, TO MAXIMIZE OPPORTUNITIES FOR PUBLIC PARTICIPATION, AND EFFICIENT DECISIONMAKING, AND FOR OTHER PURPOSES.

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              • 02:39:19 PM

                Considered under suspension of the rules.

              • 02:39:35 PM

                DEBATE

                The House proceeded with forty minutes of debate on H.R. 4986.

                • 02:39:40 PM

                  TEMPORE PURSUANT

                  PURSUANT TO THE RULE, THE GENTLEMAN FROM OREGON, MR. WALDEN, AND THE…

                  PURSUANT TO THE RULE, THE GENTLEMAN FROM OREGON, MR. WALDEN, AND THE GENTLEMAN FROM NEW JERSEY, MR. PALLONE, WILL EACH CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM OREGON.

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                • 02:39:48 PM

                  MR. WALDEN

                  THANK YOU, SIR. I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

                  THANK YOU, SIR. I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INSERT EXTRANEOUS MATERIALS INTO THE RECORD ON THE BILL, INCLUDING EXCHANGE OF LETTERS BETWEEN THE ENERGY AND COMMERCE COMMITTEE AND THE OVERSIGHT AND GOVERNMENT REFORM AND THE TRANSPORTATION AND INFRASTRUCTURE COMMITTEE THE.

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                • 02:40:06 PM

                  THE SPEAKER PRO TEMPORE

                  WITHOUT OBJECTION.

                • 02:40:08 PM

                  MR. WALDEN

                  MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                • 02:40:11 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 02:40:13 PM

                  MR. WALDEN

                  MR. SPEAKER, I'M PLEASED TODAY THAT THE HOUSE OF REPRESENTATIVES IS TAKING…

                  MR. SPEAKER, I'M PLEASED TODAY THAT THE HOUSE OF REPRESENTATIVES IS TAKING UP AN IMPORTANT BILL FROM THE HOUSE ENERGY AND COMMERCE COMMITTEE. IT'S TITLED THE REPACKED AIRWAVES, YIELDING BERT ACCESS FOR USERS OF MODERN SERVICES ACT, OR RAY BALM'S ACT. I THANK OUR SUBCOMMITTEE CHAIRMAN, MARSHALL BLACKBURN, FOR HER HARD WORK IN INTRODUCING AND MOVING THIS LEGISLATION FORWARD. BEFORE I GET INTO THE POLICY SIDE, I WANT TO TOUCH ON THE MEANING BEHIND THIS BILL'S TITLE. H.R. 4986 IS A NOD TO OUR DEAR IT FRIEND AND MINE OF 30 YEARS AND THE FORMER STAFF DIRECTOR OF ENERGY AND COMMERCE COMMITTEE, WHO RECENTLY LOST HIS BATTLE WITH CANCER. IT IS A TESTAMENT OF NOT JUST RAY'S DEDICATION TO TELECOM POLICY. HE SERVED AS A PUBLIC UTILITY COMMISSIONER, CHAIRED THE JOINT BOARD WITH THE F.C.C. ON COMMUNICATIONS JUST RAY'S DEDICATION TO ISSUES, AND WAS SUCH A POLICY BRAIN FOR OUR COMMITTEE. BUT ALSO HIS ABILITY TO WORK ACROSS THE AISLE AND WITH ALL LEVELS OF GOVERNMENT OFFICIALS TO GET GOOD THINGS DONE FOR AMERICA. YEARS AGO WHEN I BECAME CHAIRMAN WHAT WAS THEN CALLED THE SUBCOMMITTEE ON TELECOMMUNICATIONS AND INTERNET, RAY AT MY INVITATION, FINALLY AGREED TO COME BACK TO WASHINGTON AND WORK ON THE COMMITTEE. HE HAD SERVED AS A STATE REPRESENTATIVE, AS MAJORITY LEADER OF THE OREGON HOUSE. HAD HE BEEN CHAIRMAN OF THE PUBLIC UTILITY COMMISSION IN OREGON, AND BROUGHT A LOT TO OUR PROCESS AS SENIOR POLICY ADVISOR. IN THE YEARS THAT FOLLOWED, THESE ISSUES REMAIN BOTH A PRIORITY AND PASSION FOR RAY AND I BELIEVE AND HOPE OUR BIPARTISAN WORK TODAY REFLECTS ADMIRABLY THE KIND OF COMMITMENT HE WANTED ALL OF US TO SHARE IN MAKING GOOD PUBLIC POLICY. BY THE WAY, THAT'S RAY RIGHT THERE. FOR THOSE WHO DIDN'T KNOW. THE RAY BALM'S ACT RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION. IT INCLUDES EFFICIENCY AND TRANSPARENCY DIDN'T KNOW. REFORMS FOR THE F.C.C., AND IT SPURS THE DEVELOPMENT OF NEXT GENERATION 5-G TECHNOLOGIES. IT'S GOOD FOR CONSUMERS AND GOOD FOR OUR NATION'S CRITICAL TELECOMMUNICATIONS SERVICES. IMPORTANTLY, THE BILL BEFORE US TODAY IS THE PRODUCT OF A BIPARTISAN AND BICAMERAL AGREEMENT, HOUSE AND SENATE, REPUBLICANS AND DEMOCRATS, CLEARLY MY FRIEND THERE NEW JERSEY, MR. PALLONE, SENATE COMMERCE CHAIRMAN, MR. THUNE, AND THE RANKING MEMBER IN THE SENATE, BILL NELSON. MR. SPEAKER, WE BRING YOU A GOOD PRODUCT TODAY OF SOUND POLICY NAMED FOR A WONDERFUL INDIVIDUAL. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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                • 02:42:46 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW…

                  THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

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                • 02:42:51 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                • 02:42:54 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 02:42:56 PM

                  MR. PALLONE

                  THANK YOU. I RISE ALSO IN SUPPORT OF H.R. 498 , THE RAY BALM'S ACT. THIS…

                  THANK YOU. I RISE ALSO IN SUPPORT OF H.R. 498 , THE RAY BALM'S ACT. THIS BILL IS THE PRODUCT OF EXTENSIVE BIPARTISAN COLLABORATION AFTER EXHAUSTIVE NEGOTIATIONS WE WERE ABLE TO REACH A DEAL THAT INCLUDES BILLS INTRODUCED BY DEMOCRATS AND REPUBLICANS IN BOTH THE HOUSE AND SENATE. THAT DOES NOT HAPPEN OFTEN. AND WOULD LIKE TO THANK MY COLLEAGUES FOR WORKING WITH ME SO CLOSELY. THIS BILL IS A REAL TRIB BOUGHT BUTTE TO ITS NAMESAKE, RAY BALM. HAD HE A PASSION FOR TELECOMMUNICATIONS POLICY AND SPECIAL PLACE FOR BROADCASTING. HE WAS ALSO AN ETERNAL OPTIMIST. HE NEVER FALTERED HIS BELIEF WE COULD FIND A WAY TO WORK TOGETHER TO FIND A SOLUTION, HE WAS RIGHT. WE WERE ABLE TO INCORPORATE PROPOSALS FROM MEMBERS ON BOTH SIDES OF THE AISLE JUST THE WAY RAY WOULD HAVE LIKED IT, AND WE WERE ABLE TO PRODUCE THIS LEGISLATION THAT WILL RE-AUTHORIZE THE F.C.C. FOR THE FIRST TIME IN 28 YEARS. I WOULD LIKE TO BRIEFLY MENTION SOME ASPECTS OF THIS BILL THAT I'M MOST PROUD OF. FIRST, WE WERE ABLE TO INCLUDE THE SANDY ACT, WHICH IS NAMED TO HONOR THOSE AFFECTED BY SUPERSTORM SANDY, A STORM THAT RIPPED THROUGH THE NORTHEAST, INCLUDING MY DISTRICT, OVER FIVE YEARS AGO. DURING THAT SUPERSTORM, WE SAW FIRSTHAND HOW IMPORTANT COMMUNICATIONS WERE FOR SURVIVAL. FROM TELEVISION AND RADIO BROADCASTERS TO WIRELESS AGO. DURING THAT PROVIDERS AND CABLE NETWORKS, EACH PLAYED ITS OWN ROLE IN MAKING SURE PEOPLE KNEW HOW TO FIND HELP, LOOK FOR LOVED ONES, AND STAY OUT OF HARM'S WAY. I USED THE LESSONS WE LEARNED FROM SANDY IN WRITING THIS LEGISLATION WHETHER THIS BILL IS SIGNED INTO LAW OUR NETWORKS WILL BE STRONGER, MORE RESILIENT, AND CAPABLE TO SERVE IN AN MESSAGECY. THIS F.C.C. RE-AUTHORIZATION -- MESSAGECY. THIS F.C.C. RE-AUTHORIZATION BILL INCLUDES THE VIEWER PROTECTION ACT. I INTRODUCED THIS ACT TO MAKE SURE NO VIEWER LOSES SIGNAL AS A RESULT OF THE F.C.C.'S INCENTIVE AUCTION. ACCESS TO LOCAL INFORMATION HAS BECOME EVEN MORE IMPORTANT AS THE NUMBER OF NATURAL DISASTERS HAS INCREASED. NOT ONLY DOES THIS BILL HELP ENSURE CONSIRMSE' BROADCAST STATIONS DON'T GO DARK AS PART OF THIS DEAL, WE HAVE AGREED TO PROVIDE $50 MILLION IN FUNDING TO HELP EDUCATE CONSUMERS ABOUT THE TRANSITION. AND THIS FUND SOMETHING CRITICAL TO ENSURE THAT PEOPLE HAVE ACCESS TO INFORMATION ABOUT HOW TO GET THEIR TELEVISIONS TO WORK. . I'D LIKE TO POINT OUT TWO IMPORTANT PROVISIONS THAT WE INCLUDE AS PART OF THE RE-AUTHORIZATION. FIRST, WE INCLUDED A PROVISION THAT MAKES THE F.C.C.'S INSPECTOR GENERAL INDEPENDENT OF THE COMMISSION'S CHAIRMAN. THE IDEA IS CURRENTLY CONDUCTING -- THE I.G. IS CURRENTLY CONDUCTING INVESTIGATIONS, INCLUDING, ONE, WHETHER THE CHAIRMAN IS FAVORING SINCLAIRE BROADCASTING. UNDER CURRENT LAW THESE INVESTIGATIONS ARE BEING CONDUCTED UNDER A CLOUD. THE VERY CHAIRMAN WHO IS UNDER INVESTIGATION CAN RESTRICT THE REVIEW BY FIRING THE INSPECTOR GENERAL OR HIS OR HER STAFF AT ANY TIME. SO BY PASSING THIS BILL WE'RE ENSURING THESE IMPORTANT INVESTIGATIONS CAN CONCLUDE WITHOUT ANY INTERFERENCE. AND FINALLY, I DO NOT NORMALLY SUPPORT UNNECESSARILY CUTTING THE BUDGET OF OUR AGENCIES, BUT IN THIS CASE I'D LIKE TO THANK MY COLLEAGUES FOR AGREEING TO LIMIT THIS CUT TO THE LENGTH OF THIS ADMINISTRATION. THE CURRENT LEADERSHIP OF THE S.E.C. IN MY OPINION HAS PROVEN IT CAN'T TRUST THE -- F.C.C. IN MY OPINION HAS PROVEN IT CAN'T BE TRUSTED. BY LIMITING THE RESOURCES WE PROVIDE FOR THE NEXT THREE YEARS, THIS RE-AUTHORIZATION WILL LIMIT THIS COMMISSION'S POWER, IN MY OPINION, TO DO MORE HARM. AND FOR THESE REASONS AND MANY MORE I URGE MY COLLEAGUES TO SUPPORT THE BIPARTISAN AND BICAMERAL AGREEMENT EMBODIED BY THE RAY BAUM ACT. I'D ALSO LIKE TO THANK THE DEMOCRATIC COMMITTEE STAFF FOR ALL OF THEIR HARD WORK IN GETTING THIS BILL TO THE FLOOR TODAY. AND WITH THAT, MR. SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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                • 02:46:59 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN RESERVES. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 02:47:02 PM

                  MR. WALDEN

                  THANK YOU, MR. SPEAKER. AND NOW IT'S MY PRIVILEGE TO RECOGNIZE THE…

                  THANK YOU, MR. SPEAKER. AND NOW IT'S MY PRIVILEGE TO RECOGNIZE THE GENTLELADY FROM TENNESSEE, WHO HAS BEEN AN INCREDIBLE LEADER ON OUR COMMUNICATIONS ISSUES AT THE ENERGY AND COMMERCE COMMITTEE FOR SOME TIME, MRS. BLACKBURN, FOR THREE MINUTES.

                  Show Full Text
                • 02:47:15 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLELADY IS RECOGNIZED.

                • 02:47:17 PM

                  MRS. BLACKBURN

                  THANK YOU, MR. CHAIRMAN, FOR THE RECOGNITION. AND THANK YOU FOR YOUR…

                  THANK YOU, MR. CHAIRMAN, FOR THE RECOGNITION. AND THANK YOU FOR YOUR EFFORTS ON THIS. MR. SPEAKER, IT REALLY IS A PLEASURE TO COME HERE TODAY TO TALK ABOUT THE RAY BAUM ACT. WE HAVE FOR SO LONG TALKED ABOUT THE NEED TO PUSH THIS THROUGH TO COMPLETION ANDRAY SERVED AS OUR STAFF DIRECTOR -- AND RAY SERVED AS OUR STAFF DIRECTOR AND REALLY HELPED OUR COMMITTEE AND SUBCOMMITTEE PUSH THIS FORWARD TO THE POINT WE COULD SAY, YES, WE HAVE THE F.C.C. RE-AUTHORIZATION DONE. AS MR. PALLONE SAID, 28 YEARS SINCE THIS AGENCY HAS BEEN RE-AUTHORIZED, AND IT IS CERTAINLY AN HONOR TO SAY WE HAVE DONE THIS IN RAY'S NAME AND WE HAVE DONE IT IN A BIPARTISAN WAY. THERE ARE SO MANY THINGS THAT ARE INCLUDED IN THIS BILL. AND ONE OF THE PROVISIONS THAT IS IN HERE IS CHAIRMAN WALDEN'S PROVISION OF F.C.C. PROCESS REFORM. MANY TIMES YOU WILL HEAR US TALK ABOUT NEEDING TO BRING SUNLIGHT TO THESE AGENCIES AND BRINGING ORDER AND THE ABILITY FOR CONSTITUENTS AND CITIZENS TO KNOW WHAT IS HAPPENING. WE HAVE THAT INCLUDED IN THIS BILL. WE ALSO HAVE PROVISIONS THAT OUR WHIP, STEVE SCALISE, THE CONSOLIDATED REPORTING ACT, IS INCLUDED IN THIS BILL. WE HAVE PROVISIONS FROM MS. ESHOO AND FROM REPRESENTATIVE ENGEL, AND THESE ARE ALL BIPARTISAN PROVISIONS THAT YOU WILL SEE INCLUDED IN THIS LEGISLATION. MR. JOHNSON HAS A PROVISION THAT IS INCLUDED THAT WILL CHANGE THE WAY THE INSPECTOR GENERAL WORKS IN THIS AGENCY SO THAT HE TRULY IS AN INSPECTOR GENERAL WHO IS INDEPENDENT. SO WE'VE WORKED TOGETHER IN A BIPARTISAN WAY TO DO OUR REPACK WHICH DEALS WITH OUR BROADCASTERS AND OUR SPECTRUM TO HANDLE MOBILE NOW WHICH HAS BEEN A PRIORITY OF THE SENATE THAT COULD NOT GET IT FINISHED. WE HAVE FINISHED THAT PROCESS, AND THEN ALSO THE F.C.C. RE-AUTHORIZATION. SO I EXPRESS MY GRATITUDE TO THE COMMITTEE MEMBERS, BOTH DEMOCRATS AND REPUBLICANS, AND THE STAFF MEMBERS FROM BOTH SIDES OF THE DIEAS TO SAY THANK YOU -- DAIS TO SAY THANK YOU FOR RE-AUTHORIZING THIS AGENCY TO DEAL WITH OUR SPECTRUM REPACK AND TO ADDRESS THE MOBILE NOW CONCERNS. AND I YIELD BACK THE BALANCE OF MY TIME.

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                • 02:50:00 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLELADY YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 02:50:03 PM

                  MR. PALLONE

                  MR. SPEAKER, I WOULD NOW YIELD TWO MINUTES TO THE RANKING MEMBER OF THE…

                  MR. SPEAKER, I WOULD NOW YIELD TWO MINUTES TO THE RANKING MEMBER OF THE TELECOMMUNICATIONS SUBCOMMITTEE, MR. DOIL OF PENNSYLVANIA.

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                • 02:50:14 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED.

                • 02:50:16 PM

                  MR. DOYLE

                  I THANK THE GENTLEMAN FOR YIELDING. I'D LIKE TO TAKE A MOMENT TO SPEAK IN…

                  I THANK THE GENTLEMAN FOR YIELDING. I'D LIKE TO TAKE A MOMENT TO SPEAK IN MEMORIAL TO THE LATE RAY BAUM. HE WAS A DEDICATED HUSBAND AND FATHER, THE STAFF DIRECTOR FOR THE MAJORITY ON ENERGY AND COMMERCE COMMITTEE AND A TRUSTED ADVISOR AND FRIEND TO CHAIRMAN WALDEN. WE WERE ALL SADDENED BY HIS PASSING AND I'D LIKE TO EXPRESS OUR CONDOLENCES TO HIS FRIENDS AND FAMILY. THE LEGISLATION BEFORE US TODAY IS THE PRODUCT OF BIPARTISAN AND BICAMERAL COMPROMISE. WHILE IT'S NOT PERFECT, IT REPRESENTS A GOOD-FAITH EFFORT BY RANKING MEMBER PALLONE, CHAIRMAN WALDEN, SENATOR NELSON AND SENATOR THUNE. THIS COMPROMISE INCORPORATES A NUMBER OF DEMOCRATIC PRIORITIES INCLUDING RANKING MEMBER PALLONE'S BURROW PROTECTION ACT AND CONGRESSMAN ESHOO'S DIG ONCE BILL AND A NUMBER OF PROVISION FATHERS OTHER MEMBERS OF OUR COMMITTEE ON CYBERSECURITY, TRIBAL BROADBAND, BROADBAND ACCESS FOR VETERANS AND OTHERS. LIKE RANKING MEMBER PALLONE, I'M ALSO HAPPY TO SEE BIPARTISAN LANGUAGE INCLUDED IN THE BILL WHICH MAKES THE F.C.C.'S INSPECTOR GENERAL AN INDEPENDENT ENTITY. THIS SENDS A STRONG BIPARTISAN, BICAMERAL MESSAGE TO CHAIRMAN PAI THAT HE CANNOT END THE F.C.C. I.G.'S INVESTIGATION INTO COLLUSION BETWEEN HIS OFFICE AND SINCLAIRE BROADCASTING SIMPLY BY FIRING THE CURRENT I.G. THIS REQUIRES CONGRESSIONAL OVERSIGHT AND INVESTIGATION. I'M ALSO HAPPY TO SEE WE HAVE AN AGREEMENT TO PROVIDE THE REMAINDER OF THE FUNDS NECESSARY TO TRANSITION BROADCASTERS AS PART OF THE F.C.C.'S INCENTIVE AUCTION, KEEPING THE PROMISE WE MADE TO THEM THEY WOULD BE HELD HARMLESS. THE AGREEMENT ALSO INCLUDES FUNDS FOR CONSUMER EDUCATION ABOUT THE TRANSITION. IT'S CRITICAL THE PUBLIC BE EDUCATED ABOUT THE UPCOMING REPACK AND UNDERSTAND WHAT, WHEN, AND WHERE AND HOW IT WILL WORK. I LOOK FORWARD TO CONTINUING TO WORK ON THIS LEGISLATION WITH MY COLLEAGUES AS IT MOVES FORWARD AND I YIELD BACK THE BALANCE OF MY TIME.

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                • 02:52:17 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 02:52:20 PM

                  MR. WALDEN

                  MR. SPEAKER, IT'S NOW MY PRIVILEGE TO RECOGNIZE THE GENTLEMAN FROM NEW…

                  MR. SPEAKER, IT'S NOW MY PRIVILEGE TO RECOGNIZE THE GENTLEMAN FROM NEW JERSEY, A TALENTED MEMBER OF OUR COMMITTEE, MR. LANCE, FOR A MINUTE.

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                • 02:52:26 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 02:52:29 PM

                  MR. LANCE

                  THANK YOU, MR. SPEAKER. I RISE IN STRONG SUPPORT OF THE RAY BAUM ACT WHICH…

                  THANK YOU, MR. SPEAKER. I RISE IN STRONG SUPPORT OF THE RAY BAUM ACT WHICH RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION FOR THE FIRST TIME IN 28 YEARS. HOW APPROPRIATE THIS CRITICAL LEGISLATION IS NAMED FOR RAY WHO DEDICATED HIS TREMENDOUS PUBLIC SERVICE TO THESE ISSUES AND WHOM WE ALL ADMIRED. THIS COMMITTEE PUTS MORE BIPARTISAN BILLS ON THE PRESIDENT'S DESK THAN ANY COMMITTEE ON CAPITOL HILL. THIS STRENGTHENS THE F.C.C., PROTECTS CONSUMERS AND EXPANDS THE INFORMATION CHANNELS OUR LIVES AND THE ECONOMY NEEDS. I'M PLEASED THIS INCLUDES THE ANTI-SPOOFING ACT, A BILL I WORKED ON WITH CHAIRWOMAN MENG AND CHAIRMAN BARTON. SCAMMERS CALL CONSUMERS USING A FAKE PHONE NUMBER OFTEN PRETENDING TO BE A BANK OR GOVERNMENTAL AGENCIES. MANY GET TO BE DEFRAUDED BY CON ARTISTS AND SCAM ARTISTS. THIS DISGRACEFUL PRACTICE MUST END AND IT WILL BE ENDED IN LARGE PART DUE TO THIS LEGISLATION. I'M PLEASED THIS ENACTS CONSUMER PROTECTIONS LIKE THOSE HE IN THE ANTI-SPOOFING ACT. I URGE A YES VOTE AND YIELD BACK THE BALANCE OF MY TIME.

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                • 02:53:45 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN IS RECOGNIZED.

                • 02:53:47 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEWOMAN FROM…

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEWOMAN FROM CALIFORNIA, MS. MATSUI.

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                • 02:53:51 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

                • 02:53:53 PM

                  MS. MATSUI

                  THANK YOU, MR. SPEAKER. I'M PLEASED THAT TODAY WE'RE RE-AUTHORIZING THE…

                  THANK YOU, MR. SPEAKER. I'M PLEASED THAT TODAY WE'RE RE-AUTHORIZING THE FEDERAL COMMUNICATIONS COMMISSION, THE RAY BAUM ACT, WHICH AMONG OTHER THINGS ENSURES OUR LOCAL BROADCASTERS HAVE THE RESOURCES THEY NEED AND WILL DELIVER ADDITIONAL SPECTRUM INTO THE COMMERCIAL MARKETPLACE. SPECTRUM IS THE INVISIBLE INFRASTRUCTURE THAT SUPPORTS OUR WIRELESS ECONOMY. AS A WAY WE DO BUSINESS CONTINUES TO DEPEND ON CONNECTIVITY AND MOBILITY, SPECTRUM WILL BE PART OF EVERYTHING FROM REMOTE HEALTH MONITORING TO PRECISION AGRICULTURE TO PUBLIC SAFETY COMMUNICATIONS AND CONNECTED DEVICES. THAT IS WHY I'M PLEASED THAT THIS PACKAGE INCLUDES SEVERAL OF MY PRIORITIES, INCLUDING MY SPECTRUM AUCTIONS DEPOSITS ACT, WHICH I CO-AUTHORED WITH CONGRESSMAN GUTHRIE. THIS LEGISLATION WILL ENABLE THE F.C.C. TO CONTINUE TO CONDUCT AUCTIONS THAT WILL UNLOCK THE SPECTRUM NECESSARY TO DEPLOY NEXT GENERATION BROADBAND NETWORKS. WITHOUT THIS FIX, AUCTIONS TO DELIVER MORE SPECTRUM INTO THE COMMERCIAL MARKETPLACE MAY BE PUT ON HOLD INDEFINITELY. THIS PACKAGE ALSO INCLUDES MY LEGISLATION TO CREATE A FEDERAL SPECTRUM CHALLENGE PRIZE WHICH WOULD ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION OF INNOVATIVE TECHNOLOGIES TO MAKE SPECTRUM USE MORE EFFICIENT. IT COULD ALSO FACILITATE THE APPLICATION OF EXISTING TECHNOLOGIES, SUCH ONE TO DEVELOP SPECTRUM SHARING MECHANISMS THAT WILL ALLOW THEM TO GET SPECTRUM ON A REAL-TIME BASIS. THIS WILL PROMOTE THE EXPANSION OF CURRENT AND NEXT GENERATION BROADBAND NETWORKS ACROSS AMERICA. IT IS AN IMPORTANT STEP FORWARD, AND I'M PROUD TO SUPPORT ITS PASSAGE. THANK YOU AND I YIELD BACK.

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                • 02:55:36 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLELADY YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 02:55:39 PM

                  MR. WALDEN

                  MR. SPEAKER, I'M DELIGHTED TO YIELD A MINUTE TO THE GENTLEMAN FROM…

                  MR. SPEAKER, I'M DELIGHTED TO YIELD A MINUTE TO THE GENTLEMAN FROM ILLINOIS, ANOTHER GREAT MEMBER OF OUR COMMITTEE, MR. KINZINGER.

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                • 02:55:46 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM ILLINOIS IS RECOGNIZED.

                • 02:55:48 PM

                  MR. KINZINGER

                  I THANK THE GENTLEMAN FOR YIELDING. I SUPPORT RAY BAUM ACT AND IT'S…

                  I THANK THE GENTLEMAN FOR YIELDING. I SUPPORT RAY BAUM ACT AND IT'S FITTING THIS BILL BE NAMED IN HIS HONOR. THIS RE-AUTHORIZES THE F.C.C. FOR THE FIRST TIME IN 28 YEARS EYE' PROUD OF THE INCLUSION OF TWO -- 28 YEARS. I'M PROUD OF THE INCLUSION OF TWO OF MY BILLS. EXPANDING ACCESS IN RURAL COMMUNITIES BY ALLOWING LICENSED UNUSED SPECTRUM TO BE USED TO SERVE RURAL COMMUNITIES. AND THE OTHER TO REQUIRE VETERANS' ACCESS TO BROADBAND AND PROVIDE RECOMMENDATIONS TO INCREASE ACCESS, ESPECIALLY FOR RURAL AND LOW-INCOME VETERANS. AGAIN, THIS LEGISLATION IS ONE MORE EXAMPLE TO SHOW THE MAJORITY OF THE WORK DONE IN CONGRESS IS BIPARTISAN AND SOMETIMES EVEN BICAMERAL. I THANK THE CHAIRMAN AND EVERYBODY FOR WORKING TOGETHER TO GET THIS DONE. I URGE MY COLLEAGUES TO SUPPORT RAY BAUM'S ACT AND I YIELD BACK.

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                • 02:56:53 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 02:56:56 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES NOW TO THE GENTLEMAN FROM…

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES NOW TO THE GENTLEMAN FROM CALIFORNIA, MR. MCNERNEY.

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                • 02:57:00 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM CALIFORNIA IS RECOGNIZED.

                • 02:57:02 PM

                  MR. MCNERNEY

                  I THANK MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE FOR A BIPARTISAN…

                  I THANK MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE FOR A BIPARTISAN EFFORT HERE. I RISE IN SUPPORT OF H.R. 4986, THE RAY BAUM ACT. THIS BILL WILL HELP ENSURE THE INCENTIVE AUCTION REPACK CAN MOVE FORWARD IN A TIMELY FASHION AND THAT AMERICANS HAVE ACCESS TO THE LOCAL BROADCASTING STATIONS DURING THIS PERIOD OF TIME. ON THE OTHER HAND, I'M VERY PROUD THIS BILL INCLUDES A BIPARTISAN PROVISION THAT CONGRESSMAN KINZINGER AND I WORKED ON. THIS PROVISION WILL MOVE US FORWARD IN CLOSING THE DIGITAL DIVIDE FOR OUR NATION'S VETERANS. ACCESS TO BROADBAND, INTERNET ACCESS SERVICE IS CRITICAL FOR THE MORE THAN 20 MILLION VETERANS ACROSS OUR COUNTRY WITH THE HIGHEST POPULATION OF VETERANS RESIDING IN CALIFORNIA. HAVING A BROADBAND INTERNET CONNECTION HELPS VETERANS. IT HELPS THEM APPLY FOR JOBS MORE EASILY, TO OBTAIN NECESSARY VOCATIONAL TRAINING, TO COMMUNICATE WITH TAMLY AND FRIENDS, TO KEEP UP WITH CURRENT EVENTS, TO ACCESS HEALTH CARE SERVICES AND TO GET IMPORTANT INFORMATION ABOUT THEIR BENEFITS AND MILITARY RECORDS. WITHOUT BROADBAND INTERNET ACCESS, IT'S DIFFICULT TO FULLY PARTICIPATE IN TODAY'S SOCIETY. VETERANS FACE MANY CHALLENGES WHEN THEY RETURN HOME, AND NOT HAVING INTERNET ACCESS MAKES WHAT IS ALREADY AN INCREDIBLY TOUGH TRANSITION PROCESS EVEN HARDER. THIS IS PARTICULARLY LIKELY TO BE THE CASE FOR LOW-INCOME VETERANS AND VETERANS LIVING IN RURAL AREAS. ALTHOUGH WE LACK SPECIFIC DATA ON THE NUMBER OF VETERANS WITH BROADBAND INTERNET ACCESS, WE KNOW THAT AMERICANS WHO LIVE IN RURAL AREAS ARE LESS LIKELY TO BE CONNECTED. THIS IS ALSO THE CASE FOR AMERICANS WHO LIVE AT OR BELOW THE FEDERAL POVERTY LEVEL. WE MUST FIND WAYS TO ENSURE THAT VETERANS, ESPECIALLY THE MORE THAN 1.4 MILLION VETERANS LIVING BELOW THE FEDERAL POVERTY LEVEL, AND THE 5.3 MILLION RESIDING IN RURAL AREAS, WE DON'T WANT THEM TO BE LEFT BEHIND. THIS IS WHY MY PROVISION DIRECTS THE FEDERAL COMMUNICATIONS COMMISSION TO EXAMINE THE CURRENT STATE OF BROADBAND ACCESS FOR VETERANS AND WHAT CAN BE DONE TO INCREASE ACCESS WITH A FOCUS ON LOW-INCOME VETERANS AND VETERANS RESIDING IN RURAL AREAS. THE FINDINGS AND RECOMMENDATIONS FROM THIS REPORT WILL BE IMPORTANT FOR PAVING THE WAY TO GET MORE VETERANS CONNECTED. I URGE MY COLLEAGUES TO VOTE FOR THIS BILL. I THANK MY CHAIRMAN AND MY RANKING MEMBER, AND I YIELD BACK.

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                • 02:59:27 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 02:59:30 PM

                  MR. WALDEN

                  THANK YOU, MR. SPEAKER. I NOW YIELD THE GENTLEMAN FROM FLORIDA A MINUTE TO…

                  THANK YOU, MR. SPEAKER. I NOW YIELD THE GENTLEMAN FROM FLORIDA A MINUTE TO SPEAK ON THIS IMPORTANT LEGISLATION, MR. BILIRAKIS.

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                • 02:59:36 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

                • 02:59:39 PM

                  MR. BILIRAKIS

                  THANK YOU, MR. SPEAKER. THANK YOU, MR. CHAIRMAN. I APPRECIATE IT VERY…

                  THANK YOU, MR. SPEAKER. THANK YOU, MR. CHAIRMAN. I APPRECIATE IT VERY MUCH. NAMED IN MEMORY OF A HARDWORKING AND HONORABLE MAN, THE RAY BAUM ACT RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION FOR THE FIRST TIME IN 28 YEARS, MR. SPEAKER. THIS BILL IS THE RESULT OF A WHOLLY BIPARTISAN PROCESS THAT INCLUDES IMPORTANT PROVISIONS THAT WILL BENEFIT ALL OF OUR COMMUNITIES. THIS INCLUDES FURTHER PROHIBITIONS ON SPOOFING CALLS, REPORTS ON PROMOTING INTERNET ACCESS FOR LOW-INCOME VETERANS, AND IMPROVING 911 CALLER INFORMATION. THE BILL ALSO PROVIDES ADDITIONAL FUNDING FOR THE REPACK PROCESS AND FOSTERS TECHNOLOGY GROWTH BY AUTHORIZING STUDIES ON SPECTRUM AVAILABLE FOR FUTURE AUCTIONS. I APPLAUD THE WORK OF THE SUBCOMMITTEE ON GETTING THIS DONE. THIS BILL WILL TRULY BENEFIT THE INNOVATION AND OUR CONSTITUENTS AND I SUPPORT ITS PASSAGE. I YIELD BACK. THANK YOU.

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                • 03:00:45 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED. .

                • 03:00:48 PM

                  >>

                  I YIELD TWO MINUTES TO THE GENTLEMAN FROM IOWA.

                • 03:00:56 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:01:00 PM

                  >>

                  THANK YOU, MR. SPEAKER, I THANK THE CHAIR AND RANKING MEMBER FOR BRINGING…

                  THANK YOU, MR. SPEAKER, I THANK THE CHAIR AND RANKING MEMBER FOR BRINGING THIS TO THE FLOOR TODAY. THIS IS A GOOD EXAMPLE OF COMPROMISE. NO ONE GOT EVERYTHING THEY WANT BUD WE WORKED TOGETHER TO FIND COMMON GROUND AND I THINK IT REPRESENTS WHAT WE NEED TO BE DOING MORE OF IN WASHINGTON AND IN THIS BODY AND WHAT PEOPLE IN IOWA WANT TO SEE HAPPEN MORE OFTEN, NAMELY THAT MEMBERS OF CONGRESS COME TOGETHER IN A BIPARTISAN MANNER TO REACH A COMMONSENSE AGREEMENT. BUT TODAY I COME TO THE FLOOR TO TALK ABOUT A PIECE OF LEGISLATION, THE WORLD WIRELESS ACCESS ACT, WHICH I WAS PLEASED TO HELP INTRODUCE AND INCORPORATE INTO THE LARGER F.C.C. RE-AUTHORIZATION ACT AND I WANT TO THANK IN PARTICULAR MY FRIEND MR. COSTELLO FOR WORKING WITH ME ON THIS BIPARTISAN BILL. I ALSO WANT TO THANK MRS. BLACKBURN THE CHAIR OF THE TELECOMMUNICATIONS SUBCOMMITTEE FOR HELPING TO MOVE THIS FORWARD. THIS BILL WHICH I INTRODUCED LAST YEAR WOULD REQUIRE THE F.C.C. TO ESTABLISH STANDARDS FOR COLLECTING WIRELESS COVERAGE DAY TAFMENT

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                • 03:02:02 PM

                  MR. LOEBSACK

                  EVERYONE AT SOME POINT HAS BEEN DRIVING THROUGH PLACES IN RURAL AMERICA…

                  EVERYONE AT SOME POINT HAS BEEN DRIVING THROUGH PLACES IN RURAL AMERICA THAT DON'T GET WIRELESS COVERAGE. UNFORTUNATELY, THE MAPS AT THE F.C.C. USES TO TRY TO FIX COVERAGE GAPS ARE OFTEN INADEQUATE. CURRENTLY THE STANDARDS THAT DEFINE HOW WIRELESS COVERAGE IS DETERMINED JUST ARE NOT SUFFICIENT. MEANING THAT COVERAGE MAPS CAN BE INCOMPLETE OR INACCURATE. WITHOUT ACCURATE COVERAGE MAPS, RESOURCES NEEDED TO IMPROVE WIRELESS ACCESS WILL NOT BE DIRECTED TO THE AREAS THAT NEED THE MOST HELP, INCLUDING RURAL AREAS. I'M PLEASED THAT THE ENERGY AN COMMERCE COMMITTEE AGREED TO INCLUDE THIS LEGISLATION, THE RURAL WIRELESS ACT, AS PART OF THE LARGER PROAGE SO WE CAN IMPROVE WIRELESS VOICE AND MOBILE INTERNET SERVICES AND ENSURE THE RESOURCES GO TO THE AREAS THAT NEED IT MOST. IN ORDER TO FIX THE PROBLEM, WE HAVE TO GET THE DATA RIGHT. I'M HOPEFUL THAT PASSAGE OF THE F.C.C. RE-AUTHORIZATION ACT WILL HELP FOLKS IN RURAL AREAS GET THE WIRELESS COVERAGE THEY NEED. I THANK THE RANKING MEMBER FOR THE TIME, I THANK THE CHAIR OF THE COMMITTEE AND RANKING MEMBER OF THE COMMITTEE, AND WITH THAT, I YIELD BACK.

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                • 03:03:12 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 03:03:15 PM

                  MR. WALDEN

                  WITH THIS I'M NOW PLEASED TO RECOGNIZE THE GENTLEMAN FROM OHIO, MR.…

                  WITH THIS I'M NOW PLEASED TO RECOGNIZE THE GENTLEMAN FROM OHIO, MR. JOHNSON, WHO HAS BEEN A REAL LEADER ON OUR TELECOMMUNICATIONS ISSUES FOR ONE MINUTE.

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                • 03:03:26 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                • 03:03:29 PM

                  MR. JOHNSON

                  THANK YOU, MR. CHAIRMAN. I, TOO, WANT TO ADD MY STRONGEST, DEEPEST…

                  THANK YOU, MR. CHAIRMAN. I, TOO, WANT TO ADD MY STRONGEST, DEEPEST SYMPATHIES AND CONDOLENCES TORAY BAUM'S FAMILY IN HIS PASSING AND I RISE -- CONDOLENCES TO RAY BALM'S FAMILIENED N HIS PASSING. I RISE TO SUPPORT THIS LEGISLATION, IT PROVIDES TRANSPARENCY AND EFFICIENCY REFORMS INCLUDING LANGUAGE FROM MY BILL, H R. 2636 TO CREATE AN INDEPENDENT INSPECTOR GENERAL FOR THE F.C.C. CURRENTLY THE I.G. IS NOT ONLY APOINTED BY THE CHAIRMAN BUT ALSO REPORTS TO AND IS UNDER GENERAL SUPERVISION OF THE CHAIRMAN OF THE COMMISSION. THIS LEGISLATION WOULD REQUIRE THE PRESIDENT WITH THE ADVICE AND CON STHOVENTE SENATE TO APPOINT THE INSPECTOR GENERAL. IT'S SIMPLY GOOD GOVERNANCE AND A MATTER OF TRANSPARENCY AND ACCOUNTABILITY TO HAVE AN INDEPENDENT I.G. IMPORTANTLY THIS LEGISLATION ALSO CREATES AND AUTHORIZES A BROADCAST REPACK FOUND ADDRESS THE ANTICIPATED SHORTFALL IN RELOCATING BROADCAST WHORS DISPLACED IN THE MOST RECENT SPECTRUM AUCTION. IT IS IMPORTANT TO SUCCESSFULLY RELOCATE BROADCASTERS AND ENSURE AN EFFICIENT AND TIMELY TRANSITION. I URGE MY COLLEAGUES TO SUPPORT THIS TRANSITION TO RE-AUTHORIZE THE F.C.C. AND I YIELD BACK THE BALANCE OF MY TIME.

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                • 03:04:52 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE CHAIR RECOGNIZE THIS IS THE GENTLEMAN FROM NEW…

                  THE GENTLEMAN YIELDS. THE CHAIR RECOGNIZE THIS IS THE GENTLEMAN FROM NEW JERSEY.

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                • 03:05:00 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEMAN FROM…

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEMAN FROM CALIFORNIA, MR. LOUISE TISSUE MR. RUIZ.

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                • 03:05:05 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:05:08 PM

                  MR. RUIZ

                  I WANT TO THANK CHAIRMAN WALDEN AND RANKING MEMBER PALLONE AND THE…

                  I WANT TO THANK CHAIRMAN WALDEN AND RANKING MEMBER PALLONE AND THE COMMITTEE FOR THEIR HARD WORK ON THIS BIPARTISAN BILL. THIS LEGISLATION INCLUDES MY BILL, H.R. 5007, THE TRIBAL BROADBAND DEPLOYMENT ACT WHICH WILL DIRECT THE F.C.C. TO IMPROVE BROADBAND ACT SONES TRIBAL LANDS WITHIN 30 MONTHS. FOR THE COMMUNITIES IN MY CONGRESSIONAL CALIFORNIA 36TH DISTRICT AND THROUGHOUT OUR NATION, WILL BE A GAME CHANGER. THROUGHOUT THE VALLEY, THE SAN JACINTO MOUNTAIN COMMUNITIES AND REGIONS OF CALIFORNIA, RURAL, UNDERDEVELOPED TRIBAL LANDS ARE SPREAD OUT AMONG NONTRIBAL COMMUNITIES, BOTH OF WHICH ARE OFTEN LACKING BROADBAND INTERNET. BOTH OF WHICH WILL BENEFIT. MY BILL WOULD BRING REAL RESOURCES AND OPPORTUNITIES TO THESE AREAS, IMPROVING CONNECTIVITY AND HELPING TO CLOSE THE DIGITAL DIVIDE IN THESE HISTORICALLY UNDERSERVED COMMUNITIES. WITH EXPANDING ACCESS TO THE INTERNET, FAMILIES, STUDENTS, WORKERS AND BUSINESSES WILL BE ABLE TO HARNESS THE POWER OF THEIR IDEAS AND INFORMATION TO ACHIEVE THEIR DREAMS AND GROW OUR LOCAL ECONOMIES. I WANT TO THANK CHAIRMAN BLACKBURN FOR HONORING HER COMMITMENT TO WORK WITH ME ON THIS ISSUE. I URGE THE HOUSE TO PASS THIS IMPORTANT BIPARTISAN BILL AND YIELD BACK THE BALANCE OF MY TIME.

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                • 03:06:33 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED. I MEAN…

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED. I MEAN FROM OREGON, IS RECOGNIZED.

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                • 03:06:40 PM

                  MR. WALDEN

                  THANK YOU, MR. SPEAKER. NOW IT'S A PLEASURE TO RECOGNIZE THE GENTLEMAN…

                  THANK YOU, MR. SPEAKER. NOW IT'S A PLEASURE TO RECOGNIZE THE GENTLEMAN FROM PENNSYLVANIA, MR. COSTELLO A VERY IMPORTANT MEMBER OF THE COMMITTEE, FOR ONE MINUTE.

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                • 03:06:48 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:06:51 PM

                  MR. COSTELLO

                  THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4986, RAY BAUM'S ACT OF…

                  THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4986, RAY BAUM'S ACT OF 2018, NAMED AFTER THE LATE RAY BAUM WHO DEDICATED HIS LIFE TO PUBLIC SERVICE THIS BILL INCLUDES IMPORTANT PROVISIONS TO MODERNIZE TELECOMMUNICATIONS AGENCIES AND TO FUEL NEXT GENERATION SERVICES LIKE GIG BA -- GIGABIT SERVICES AND 5G NETWORKS. WE'RE GENG TO INCREASE ACCESS FOR MILLIONS OF AMERICANS WITH THIS. 5G NETWORKS MEANS DOCTORS CAN MORE EFFECTIVELY TREAT PATIENTS WHO LIVE HOURS AWAY FROM THE CLOSEST HOSPITAL. AUTOMATED VEHICLES MEANS MORE PEOPLE HAVE ACT TO SERVICE BY PASSING THIS BILL WE CAN FULLY REALIZE THE BENEFITS OF AN INTERCONNECT AND INCREASINGLY WIRELESS WORLD. I URGE MY COLLEAGUES TO SUPPORT H.R. 4986 AND YIELD BACK THE BALANCE OF MY TIME.

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                • 03:07:51 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 03:07:56 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEMAN FROM OREGON,…

                  THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEMAN FROM OREGON, MR. BLUMENAUER.

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                • 03:08:01 PM

                  THE SPEAKER PRO TEMPORE

                • 03:08:11 PM

                  PLL BLUMENAUER

                  I APPRECIATE THE GENTLEMAN'S COURPTCY IN PERMITTING ME TO SPEAK ON THIS.…

                  I APPRECIATE THE GENTLEMAN'S COURPTCY IN PERMITTING ME TO SPEAK ON THIS. THIS BILL IS, I THINK, AN EXAMPLE OF THE POLITICS AND LEGISLATION THAT RAY BAUM WOULD BE PARTICULARLY PROUD OF. CHARACTERIZING HIS WORK AS A POLICYMAKER AND A POLICY ADVISOR. I HAD A CHANCE TO WORK WITH RAY IN HIS OTHER HATS, CHAIRING THE PUBLIC UTILITY COMMISSION AS A A DISTINGUISHED LEGISLATOR AND MAJORITY LEADER AND OF COURSE IN HIS ROLE HERE IN CONGRESS. I APPRECIATE THE PRODUCT WE HAVE BEFORE US TODAY. I'VE ENJOYED LISTENING TO PEOPLE REAFFIRM AREAS THAT THEY'RE PROUD OF, MAKING A DIFFERENCE FOR PEOPLE. I APPRECIATE IN PARTICULAR THE AUTHORIZATION OF NEW SPENDING TO HELP BROADCASTERS EXPENSES RELATED TO SPECTRUM REALLOCATION. THIS IS VERY IMPORTANT. ESPECIALLY FOR PUBLIC BROADCASTING STATIONS. BUT I WANTED TO RAISE ONE ITEM OF CONCERN AND I HOPE THAT THE CHAIRMAN AND RANKING MEMBER WOULD WORK WITH US TO LOOK AT THE BILL'S STUDY OF SPECTRUM FOR COMMERCIAL USES DEALING WITH THE MID BAND, THE C-BAND. TO CONSIDER PUBLIC BROADCASTING. IF -- I FEAR THAT IF WE'RE THRUST INTO A COMPETITIVE BIDDING WITH PUBLIC BROADCASTING, THEY ARE LIKELY TO NOT BE ABLE TO COMPETE EFFECTIVELY BUT IT WILL AFFECT MILLIONS OF PEOPLE ACROSS THE COUNTRY. I APPLAUD THE COMMUNITY'S BIPARTISANSHIP AND WORK WITH THE SENATE BUT I HOPE THAT FUTURE CONSIDERATION OF THE IMPACT OF C-BAND REALLOCATION ON PUBLIC BROADCASTING COULD BE SOMETHING THAT THE COMMITTEE COULD LOOK AT TO MAKE SURE WE'RE PROTECTING THOSE VITAL INTERESTS. THANK YOU AND I YIELD BACK.

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                • 03:10:05 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 03:10:12 PM

                  MR. WALDEN

                  APPRECIATE HIS THOUGHTS ON SPECTRUM, THERE ARE MULTIPLE USES AROUND AND WE…

                  APPRECIATE HIS THOUGHTS ON SPECTRUM, THERE ARE MULTIPLE USES AROUND AND WE WANT TO MAKE SURE THOSE USING THEM ARE NOT DISADVANTAGED. I NOW YIELD TO THE DISTINGUISHED MEMBER OF THE ENERGY AND COMMERCE COMMITTEE WHO ALSO HAS AN IMPORTANT TITLE AROUND THIS HOUSE, THE WHIP OF THE HOUSE, THE GENTLEMAN FROM LOUISIANA WHO HAS BEEN VERY INVOLVED IN TELECOMMUNICATIONS POLICY SINCE HE FIRST CAME ON THE ENERGY AND COMMERCE COMMITTEE, MR. SCALISE, FOR TWO MINUTES.

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                • 03:10:40 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:10:42 PM

                  MR. SCALISE

                  THANK YOU, MR. SPEAKER. I WANT TO THANK THE CHAIRMAN FOR YIELDING AND FOR…

                  THANK YOU, MR. SPEAKER. I WANT TO THANK THE CHAIRMAN FOR YIELDING AND FOR HIS LEADERSHIP AT WORKING TOGETHER IN A VERY BIPARTISAN WAY TO BRING FORWARD THE RAY BAUM ACT. NOT ONLY IS THIS PIECE OF LEGISLATION IMPORTANT TO RETHORS THE F.C.C. AND IMPORTANT WORK THEY DO BUT IT ALSO IS A FITTING TRIBUTE TORAY BAUM HIMSELF AND -- IN SO MANY WAYS TO ALL THE WORK OUR GREAT STAFFS DO TO ALLOW THIS CAPITAL TO WORK PROPERLY, TO ALLOW CONGRESS TO WORK FOR THE AMERICAN PEOPLE. IT DOESN'T JUST TAKE MEMBERS OF CONGRESS BUT IT TAKES AN INCREDIBLY DEDICATED, TALENTED STAFF AND EACH OF US ARE BLESSED TO HAVE WONDERFUL STAFF, I'M SURELY NO EXCEPTION THAT ALLOW US TO DO OUR JOB SO WELL. THE FACT THAT WE ARE USING THIS LEGISLATION TO PAY TRIBUTE TORAY BAUM AND ALL THE STAFF OF THE CAPITOL I THINK IS EQUALLY IMPORTANT THAT WE DO JUST THIS. MR. SPEAKER, PRESIDENT TRUMP CHALLENGED CONGRESS TO MAKE THE FEDERAL GOVERNMENT MORE ACCOUNTABLE TO THE AMERICAN PEOPLE. TO ELIMINATE RED TAPE THAT HURTS JOB CREATION AND ECONOMIC GROWTH. AND THE RAY BAUM ACT DOES JUST THAT. FIRST OF ALL, WE MEET THOSE TWO GOALS BY DOING A NUMBER OF THINGS. THE LEGISLATION WILL RE-AUTHORIZE THE FEDERAL COMMUNICATIONS COMMISSION FOR THE FIRST TIME IN 28 YEARS. THE F.C.C. DOES IMPORTANT WORK FOR OUR COUNTRY ESPECIALLY IN THE TELECOMMUNICATIONS ARENA AND I'M PROUD TO CONTINUE TO SERVE ON THE TELECOMMUNICATIONS SUBCOMMITTEE WHICH IS ONE OF THE GREAT EXAMPLES OF UNITED STATES DOMINANCE. AMERICA IS THE DOMINANT FORCE IN THE WORLD IN TECHNOLOGY AND IT'S IMPORTANT THAT WE HAVE FAIR RULES OF THE GAME AND THE F.C.C. IS THAT ARBITER AND THE FACT THAT THEY HAVEN'T BEEN RE-AUTHORIZED FOR 28 YEARS I THINK IT'S LONG PAST DUE WE GET THIS DONE. WE ALSO MAKE CRITICAL REFORMS THAT WILL MODERNIZE THE AGENCIES WITH TOOLS THAT IT NEEDS TO MEET THE DEMANDS OF CONSUMERS FOR THE 21ST CENTURY. THE LEGISLATION CREATES AN IMPORTANT BACKSTOP FOR LOCAL RADIO AND TV BROADCASTERS WHO HAVE BEEN PLEATING THE FINAL STAGE OF THE INCENTIVE AUCTION. THIS KEEPS AMERICA ON TRACK TO BE THE GLOBAL LEADER ON FE 5G COMMUNICATIONS BY IMPLEMENTING NEW SPECTRUM POLICY. THIS IS SOMETHING OUR COMMITTEE HAS LED ON. THE COUNTRY NEEDS MORE SPECTRUM. WE'VE BEEN ABLE TO FIND CREATIVE WAYS TO FREE UP MORE SPECTRUM SO THAT MORE INVESTMENT, BILLIONS OF DOLLARS OF PRIVATE SECTOR INVESTMENT, CAN BE USED TO BUILD UP THESE GREAT NETWORKS, 3G, 4G, AND NOW 5G SO WE CAN CONTINUE TO ADVANCE TECHNOLOGY.

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                • 03:13:25 PM

                  MR. WALDEN

                  I YIELD THE GENTLEMAN ANOTHER MINUTE.

                • 03:13:27 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:13:29 PM

                  MR. SCALISE

                  FOR REPORTING THE REPORTING ACT I WORK SOD CLOSELY ON WITH SENATOR HELLER…

                  FOR REPORTING THE REPORTING ACT I WORK SOD CLOSELY ON WITH SENATOR HELLER FOR YEARS TO TRY TO GET THIS PASSED, THIS IS INCLUDED AS PART OF THIS LEGISLATION. THIS WILL PROVIDE RELIEF TO SO MANY JOB CREATORS AND THE F.C.C. BY CONSOLIDATING AND ELIMINATING SO MANY OUTDATED REPORTING REQUIREMENTS. WHAT DO I MEAN BY ELIMINATING OUTDATED REPORTING REQUIREMENTS, MR. SPEAKER? HOW OFTEN DO WE HEAR ABOUT THINGS ON THE BOOKS, LAWS ON THE BOOKS THAT ARE SO OUTDATED AND SO UNNECESSARY, THIS IS ONE OF THE REPORTS THAT WE'RE UPDATING IN THIS BILL. RIGHT NOW THEY'RE STILL ON THE BOOKS, A REQUIREMENT THAT THE F.C.C. REPORTS ON THE ANNUAL COMPETITION WITHIN THE TELEGRAPH INDUSTRY. MR. SPEAKER, THAT'S RIGHT, SAMUEL MORSE INVENTED THE TELEGRAPH BACK IN THE 1830'S. THAT MIGHT HAVE BEEN IMPORTANT IN THE 1800'S, EVEN IN THE EARLY 1900'S, BUT THE FACT THAT TODAY IN 2018 THERE'S STILL A REQUIREMENT THE F.C.C. ISSUES A REPORT ON COMPETITION WITHIN THE TELEGRAPH INDUSTRY IS A GLARING EXAMPLE OF WHY IT'S SO IMPORTANT TO UPDATE LAWS AN ELIMINATE OUTDATED LAWS. WE ARE GETTING ROIFED THIS RIDICULOUS REQUIREMENT AND A NUMBER OF OTHER UNNECESSARY AND RIDICULOUS REQUIREMENTS LIKE THIS SO THAT WE CAN FREE THE F.C.C. UP TO DO THE IMPORTANT WORK THEY NEED TO DO. SO AGAIN I COMMEND THE CHAIRMAN FOR THE WORK HE'S DONE IN A VERY BIPARTISAN WAY TO BRING FORTH THE RAY BAUM ACT AND I URGE MY COLLEAGUES TO SUPPORT THIS LEGISLATION AND I YIELD BACK THE BALANCE OF MY TIME.

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                • 03:15:05 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 03:15:10 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I HAVE NO

                • 03:15:14 PM

                  MR. PALLONE

                  I HAVE NO ADDITIONAL SPEAKERS. SO I RESERVE.

                • 03:15:18 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                • 03:15:21 PM

                  MR. WALDEN

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:15:35 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN IS RECOGNIZED.

                • 03:15:36 PM

                  MR. WALBERG

                  THANK YOU, MR. SPEAKER. AND I THANK THE CHAIRMAN AS WELL. I WOULD FIRST…

                  THANK YOU, MR. SPEAKER. AND I THANK THE CHAIRMAN AS WELL. I WOULD FIRST LIKE TO START OFF BY REMEMBERING RAY BAUM, WHOM THIS LEGISLATION IS NAMED AFTER VERY APPROPRIATELY. AND THANK YOU FOR SHARING HIM WITH US. AS CORRECTLY STATED BY THE WHIP, WE APPRECIATE THE STAFF. HE WILL BE MISSED BUT WE WILL CARRY ON IN HIS MEMORY. AND IN THE QUALITY OF SERVICE THAT HE SUPPLIED. THE RAY BAUM ACT DOES SOMETHING THAT HASN'T BEEN DONE IN OVER 28 YEARS. IT RE-AUTHORIZED THE FEDERAL COMMUNICATIONS COMMISSION. AMAZING TO THINK THAT WE HAVE A COMMISSION AS IMPORTANT AS THAT AND IT HASN'T BEEN AUTHORIZED OR RE-AUTHORIZED. IT'S TIME TO DO IT AND BRING IT UP TO THIS CENTURY AS WELL AND BEYOND. THIS BIPARTISAN BILL IS GOOD FORWARD-THINKING POLICY THAT MODERNIZES THE F.C.C. TO ENSURE IT IS MORE PRPT, EFFICIENT AND ABLE TO TACKLE THE ISSUES OF THE 231ST CENTURY AND MAINTAINS THE CREDIBILITY OF SPECTRUM AUCTIONS AND THE PROMISE THE FCC MADE TO MICHIGAN BROADCASTERS AND PAVES THE WAY THAT WILL ALLOW FOR THE UNITED STATES TO MAINTAIN ITS LEADERSHIP IN DEVELOPING AND DEPLOYING TECHNOLOGIES SUCH AS 5 G AND WIN THE RACE. IT REQUIRES THE FCC TO REPORT TO CONGRESS ON ITS EFFORTS TO PROMOTE BROADBAND INTERNET ACCESS FOR VETERANS, ESPECIALLY LOW-INCOME

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                • 03:17:13 PM

                  MR. WALBERG

                  PROMOTE BROND BAD ACCESS TO VETERANS. I WOULD LOVE TO HAVE BROADBAND TO MY…

                  PROMOTE BROND BAD ACCESS TO VETERANS. I WOULD LOVE TO HAVE BROADBAND TO MY HOME AS WELL. THIS BILL IS CRITICAL FOR CONSUMERS AND OUR NATION'S TELECOMMUNICATIONS INFRASTRUCTURE. AND I URGE ITS PASSAGE TODAY. AND I YIELD BACK.

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                • 03:17:35 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW…

                  THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

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                • 03:17:40 PM

                  MR. PALLONE

                  I WOULD RESERVE AND AM PREPARED TO CLOSE.

                • 03:17:43 PM

                  MR. WALDEN

                  WE HAVE NO FURTHER SPEAKERS OTHER THAN MYSELF TO CLOSE.

                • 03:17:48 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                • 03:17:51 PM

                  MR. PALLONE

                  THANK YOU, MR. SPEAKER. I WANT TO SAY AGAIN THAT THIS BILL IS A BIPARTISAN…

                  THANK YOU, MR. SPEAKER. I WANT TO SAY AGAIN THAT THIS BILL IS A BIPARTISAN BILL, A LOT OF WORK DONE ON BOTH SIDES OF THE AISLE AND I APPRECIATE THE FACT THAT WE ARE ABLE TO ACCOMPLISH THIS AND ALSO INCLUDE A LOT OF INITIATIVES FROM MEMBERS ON BOTH SIDES OF THE AISLE. AND AGAIN AS A TRIBUTE TO RAY BAUM AND ALL THAT HE DID FOR US OVER THE MANY YEARS, WE URGE ITS PASSAGE AND I YIELD BACK.

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                • 03:18:21 PM

                  THE SPEAKER PRO TEMPORE

                  THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

                  THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

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                • 03:18:25 PM

                  MR. WALDEN

                  I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I THANK MY FRIEND FROM NEW…

                  I YIELD MYSELF SUCH TIME AS I MAY CONSUME. I THANK MY FRIEND FROM NEW JERSEY. I THINK IT WOULD BE APPROPRIATE AS WELL TO THANK THE STAFF WHO PUT SO MUCH WORK INTO THIS, PUTTING ROBIN, TIM, SEAN, LAUREN, EVAN AND ELENA AND DAVID, GERALD AND DAN. AND WE THANK ALL OF THEM FOR WORKING FOR BOTH HERE AND ON THE SENATE SIDE. MR. SPEAKER, I JUST WANT TO QUICKLY GO THROUGH THE PROVISIONS AGAIN, BECAUSE THIS REALLY IS IMPORTANT FOR MORE THAN A QUARTER OF CENTURY, THE FCC HAS NOT BEEN RE-AUTHORIZED. WE DO IT THANKS TO CHAIRMAN BLACKBURN'S LEGISLATION. WE TAKE CARE OF BROADCASTERS, BOTH PUBLIC AND PRIVATE AND TRANSLATORS AND FM TRANSLATORS. MR. PALLONE HAS BEEN A CHAMPION OF THE REPACK EFFORT AND SANDY LEGISLATION. YOU HEARD FROM MR. SCALISE AND IT WILL CONSOLIDATE OUTDATED REPORTS. STREAMLINE THE REST. BRING EFFICIENCY. MR. SQUONSON'S LEGISLATION ESTABLISHED THAT INDEPENDENT INSPECTOR GENERAL AT THE FCC. THIS IS GOOD GOVERNMENT WE CAN EMBRACE. GIVE THE CHIEF INFORMATION OFFICE THE FCC TO PLAY A SIGNIFICANT ROLE IN BUDGETING, PLANNING AND PROGRAMMING. PROHIBIT SPOOFING CALLS OR TEXTS ORIGINATING OUT OF THE U.S. AND I THINK WE ARE GETTING TIRED OF THOSE SPOOFS WE GET ON OUR PHONES. LOOKS LIKE IT IS COMING FROM OUR HOMETOWNS AND TURNS OUT IT IS NOT. THE FCC HAS TO WORK TO DO THAT. A SPECTRUM AUCTION FIX. IT WILL ALLOW AUCTIONS TO GO FORWARD LEGALLY AND COULDN'T DO IT BECAUSE OF AN INTERPRETATION. WE FIXED THAT. CONGRESSMAN MCNERNEY'S LEGISLATION REQUIRE THE FCC TO REPORT TO CONGRESS TO PROMOTE TO CONGRESS ON VETERANS AND LOW-INCOME VETERANS IN OUR RURAL COMMUNITIES. IMPROVING METHODOLOGY FOR MOBILE COVERAGE. WE NEED NUMBERS THAT WE CAN TRUST. AND BROADBAND IN TRIBAL AREAS AND CARRYING OUT RULEMAKING TO ADDRESS UNSERVED TRIBAL AREAS. A LOT LACK SERVICE. AND PROVIDE FURTHER IMPROVEMENTS ON 911 CALLER INFORMATION THAT BUILDS ON CAR YI'S LAW AND REALLY IMPORTANT AND ELLIOTT ENGEL'S LEGISLATION, HOW THE AGENCY CAN COORDINATE CYBER INCIDENTS. IT GOES ON AND ON, AND SENATOR THUNE'S MOBILE NOW ACT. SO AS YOU CAN SEE, THIS IS COMPREHENSIVE, THOUGHTFUL, WELL WRITTEN, COMPREHENSIVE LEGISLATION ON TELECOMMUNICATIONS AND RE-AUTHORIZES THE FCC AND FITTING TRIBUTE TO MY FRIEND AND POLICY LEADER, MR. BAUM, RAY BAUM FROM OREGON. AND WITH THAT, I WOULD ENCOURAGE MY COLLEAGUES TO SUPPORT THIS LEGISLATION. AND I YIELD BACK.

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                • 03:21:55 PM

                  THE SPEAKER PRO TEMPORE

                  THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R.…

                  THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4986 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED. THE BILL IS PASSED. AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. WITHOUT OBJECTION, THE TITLE IS AMENDED.

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              • 03:22:07 PM

                On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

                • 03:22:10 PM

                  Motion to reconsider laid on the table Agreed to without objection.

                  • 03:22:11 PM

                    The title of the measure was amended. Agreed to without objection.

                    • 03:22:58 PM

                      Mr. Blum moved to suspend the rules and pass the bill, as amended. H.R. 1132 — "To amend title 5, United States Code, to provide for a 2-year prohibition on employment in a career civil service position for any former political appointee, and for other purposes."

                      • 03:23:01 PM

                        THE SPEAKER PRO TEMPORE

                        FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

                      • 03:23:04 PM

                        >>

                        MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 1132, WITH…

                        MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 1132, WITH AN AMENDMENT.

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                    • 03:23:08 PM

                      Considered under suspension of the rules.

                    • 03:23:10 PM

                      DEBATE

                      The House proceeded with forty minutes of debate on H.R. 1132.

                      • 03:23:11 PM

                        THE SPEAKER PRO TEMPORE

                        THE CLERK WILL REPORT THE TITLE OF THE BILL.

                      • 03:23:13 PM

                        THE CLERK

                        H.R. 1132 A BILL TO AMEND TITLE 5 UNITED STATES CODE TO PROVIDE FOR A TWO…

                        H.R. 1132 A BILL TO AMEND TITLE 5 UNITED STATES CODE TO PROVIDE FOR A TWO YEAR PROHIBITION ON EMPLOYMENT IN A CAREER CIVIL SERVICE POSITION FOR ANY FORMER POLITICAL APPOINTEE AND FOR OTHER PURPOSES.

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                      • 03:23:28 PM

                        TEMPORE PURSUANT

                        PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. BLUM AND THE GENTLEMAN…

                        PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. BLUM AND THE GENTLEMAN FROM VIRGINIA, MR. CONNOLLY, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM IOWA.

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                      • 03:23:40 PM

                        MR. BLUM

                        I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO…

                        I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THE BILL UNDER CONSIDERATION.

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                      • 03:23:50 PM

                        THE SPEAKER PRO TEMPORE

                        WITHOUT OBJECTION.

                      • 03:23:52 PM

                        MR. BLUM

                        I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                      • 03:23:54 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN IS RECOGNIZED.

                      • 03:23:56 PM

                        MR. BLUM

                        I RISE IN SUPPORT OF H.R. 1132 THE POLITICAL APPOINTEE BURROWING…

                        I RISE IN SUPPORT OF H.R. 1132 THE POLITICAL APPOINTEE BURROWING PREVENTION ACT INTRODUCED BY REPRESENTATIVE BUCK. THIS IMPORTANT BILL WILL PROTECT THE INTEGRITY OF THE CIVIL SERVICE AND ENSURE THAT THE PEOPLE ARE SERVED BY A COMPETENT NONPOLITICAL WORK FORCE. UNDER CURRENT LAW, EACH ADMINISTRATION APPOINTS A POLITICAL STAFF TO ADVANCE THE ADMINISTRATION'S POLITICAL GOALS. THESE POLITICAL EMPLOYEES LEAVE AT THE END OF THE ADMINISTRATION TO MAKE WAY FOR THE NEXT ADMINISTRATION'S APPOINTEES. THE CAREER CIVIL SERVICE CARRIES OVER FROM ADMINISTRATION TO ADMINISTRATION. THEY SHOULD BE BASE HIRED BASED ON THEIR QUALIFICATIONS AND PERFORMANCE. DESPITE THE SIGNIFICANT DIFFERENCES, POLITICAL APPOINTEES ARE ALLOWED TO CONVERT TO CAREER POSITIONS. THIS IS KNOWN AS BURROWING. AS THE GOVERNMENT ACCOUNTABILITY OFFICE EXPLAINED, QUOTE, CIRCUMSTANCES SURROUNDING CONVERSIONS CAN RAISE QUESTIONS AS TO WHETHER THE INDIVIDUALS SELECTED EXPERIENCE FAVORITISM OR ENJOYED AN UNFAIR ADVANTAGE IN THE SELECTION PROCESS, END QUOTE. G.A.O. SAID, ANY APPEARANCE OF THIS COULD COMPROMISE THE MERIT SYSTEM'S INTEGRITY, END QUOTE. H.R. 1132 WILL ENACT IN LAW THE REQUIREMENT FOR O.P.M. TO REVIEW POLITICAL CONVERSIONS AND THE BILL RAISES THE BAR FOR POLITICAL CONVERSIONS REQUIRING AN AGENCY CERTIFY THE CONVERSION IS NECESSARY TO MEET ITS MISSION. TO ENSURE CONGRESS CAN MONITOR FOR ABUSE, THE CERTIFICATION MUST BE PROVIDED TO CONGRESS BEFORE IT IS APPROVED. FINALLY, THE BILL PROHIBITS POLITICAL CONVERSIONS WITHIN TWO YEARS OF LEAVING A POLITICAL APPOINTMENT. THIS ENSURES SUFFICIENT TIME HAS PASSED BETWEEN WHEN APPOINTEES FINISH THEIR APPOINTMENT AND WHEN THEY CAN BECOME A CAREER EMPLOYEE. THIS BILL PROTECTS THE INTEGRITY OF THE MERIT-BASED SYSTEM SO CAREER POLITICIANS STAY FREE OF POLITICS. THE AMERICAN DESERVE NOTHING LESS. I URGE MY COLLEAGUES TO SUPPORT THE BILL. AND I RESERVE THE BALANCE OF MY TIME.

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                      • 03:26:09 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

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                      • 03:26:14 PM

                        MR. CONNOLLY

                        I YIELD MYSELF SUCH TIME AS I MAY CONSUME. THE BILL BEFORE US, H.R. 1132,…

                        I YIELD MYSELF SUCH TIME AS I MAY CONSUME. THE BILL BEFORE US, H.R. 1132, THE POLITICAL APPOINTEE BURROWING PREVENTION ACT AS AMENDED, I THANK MY FRIEND FOR WORKING WITH US TO IMPROVE THIS BILL. BECAUSE OF THE IMPROVEMENTS WE HAVE BEEN ABLE TO MAKE, I SUPPORT MOVING THIS BILL FORWARD IN THE LEGISLATIVE PROCESS. HOWEVER, I CONTINUE TO BELIEVE THAT SOME FURTHER CHANGES MAY BE NEEDED. THE BILL WOULD MAKE IT VERY DIFFICULT TO HIRE FORMER POLITICAL APPOINTEES IN THE CAREER POSITIONS IN THE FEDERAL GOVERNMENT. IT WOULD PROHIBIT HIRING OF A FORMER POLITICAL APPOINTEE INTO A CAREER POSITION FOR TWO YEARS AFTER THAT INDIVIDUAL HELD THE POLITICAL POSITION. IT WOULD ALSO ADD SIGNIFICANT HURDLES FOR AGENCIES SEEKING TO HIRE AN APPLICANT TO A CAREER POSITION, WHO SEPARATED FROM A POLITICAL APPOINTMENT IN THE LAST FIVE YEARS. THE AGENCY WOULD BE REQUIRED TO CERTIFY TO THE OFFICE OF PERSONNEL MANAGEMENT THE APPOINTMENT IS NECESSARY TO THE AGENCY'S ABILITY TO MEET ITS MISSION. THERE ARE SEVERAL CONTROLS ALREADY IN PLACE TO ENSURE THAT THE PROCESS USED TO HIRE FORMER POLITICAL APPOINTEES INTO CAREER POSITIONS IS FAIR, OPEN AND BASED ON MERIT. FOR EXAMPLE, THE OFFICE OF PERSONNEL MANAGEMENT MUST ENSURE RIGHT NOW THAT THE APPOINTMENT PROCESS WAS FREE FROM POLITICAL INFLUENCE AND REPORT THE RESULTS OF ITS REVIEWS TO CONGRESS. A FEBRUARY, 2017 REPORT FOUND THAT O.P.M. REVIEWED 16 REQUESTS BY AGENCIES TO HIRE FORMER POLITICAL APPOINTEES FROM OCTOBER 1, 2016 THROUGH JANUARY 20 OF 2017 AND DID NOT FIND ANY REASON TO DENY ANY OF THOSE REQUESTS. WE ALL WANT THE BEST PEOPLE IN THE FEDERAL SERVICE. AND THERE SHOULD BE NO UNDO FAVORITISM IN THE HIRING PROCESS. IN COMMENTS ON THIS BILL, O.P.M. SUGGESTED CERTAIN PROVISIONS MACON FLICT WITH THE MERIT SYSTEM PRINCIPLES THAT FORMS THE BASIS OF THE FEDERAL CIVIL SERVICE. THAT ISSUE SHOULD BE CLARIFIED BEFORE THIS BILL BECOMES ENACTED INTO LAW. NONETHELESS, WE SUPPORT THE SPIRIT WITH WHICH THE BILL IS OFFERED TO US TODAY AND WE HAVE NO OBJECTIONS TO THE LEGISLATION. WITH THAT, I RESERVE.

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                      • 03:28:37 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA IS…

                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

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                      • 03:28:41 PM

                        MR. BLUM

                        MR. SPEAKER, I YIELD FIVE MINUTES TO THE GENTLEMAN FROM COLORADO, AND…

                        MR. SPEAKER, I YIELD FIVE MINUTES TO THE GENTLEMAN FROM COLORADO, AND SPONSOR OF THE BILL, MY ESTEEMED COLLEAGUE,

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                      • 03:28:50 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN IS RECOGNIZED.

                      • 03:28:52 PM

                        MR. BUCK

                        THANK YOU, MR. SPEAKER AND THE GENTLEMAN FROM IOWA FOR THE TIME TODAY TO…

                        THANK YOU, MR. SPEAKER AND THE GENTLEMAN FROM IOWA FOR THE TIME TODAY TO TALK ABOUT THIS IMPORTANT LEGISLATION. MR. SPEAKER, ON -- I WANT TO SPEAK ON BEHALF OF THIS. THIS IMPORTANT LEGISLATION ADDRESSES A PROBLEM AFFECTING OUR FEDERAL WORK FORCE. OUR FEDERAL SERVICE -- CIVIL SERVICE HIRING PROCESS IS SUPPOSED TO BE A COMPETITIVE MERIT-BASED SYSTEM WHERE THE BEST AND BRIGHTEST INDIVIDUALS ARE CONSIDERED BASED ON THEIR QUALIFICATIONS TO DO THEIR JOB, NOT THEIR POLITICAL CONNECTIONS. WE ARE SEEING A TREND WHERE EMPLOYEES, SPECIFICALLY POLITICAL APPOINTEES ARE APPOINTED INTO HIGH PAYING POSITIONS BYPASSING THE NORMAL HIRING PROCESS. THIS PROCESS KNOWN AS BURROWING DEFEATS THE PURPOSE OF HAVING A NONPARTISAN CIVIL SERVICE. THE OBAMA ADMINISTRATION CONVERTED 78 POLITICAL APPOINTMENTS INTO CAREER POSITIONS WHILE THE BUSH ADMINISTRATION ALLOWED 135 POLITICAL APPOINTEES TO BURROW INTO POSITIONS. INDIVIDUALS WHO WERE NOT CHOSEN BASED SOLELY ON THEIR MERITS MAY AT BEST NOT BE THE MOST QUALIFIED CANDIDATE FOR THE JOB OR AT WORST MAY NOT BE WILLING TO PROPERLY EXECUTE THE LAW UNDER A NEW ADMINISTRATION. POLITICAL APPOINTEES ARE SUPPOSED TO SERVE THEIR ADMINISTRATION'S AGENDA FOR A TEMPORARY POINT OF TIME. HE THEY NEED TO KNOW WHEN IT'S TIME TO STEP DOWN. CONGRESS MUST ACT TO ENSURE THE PRINCIPLE IS UPHELD AND PROTECT THE INDEPENDENCE OF OUR MERIT-BASED CIVIL SERVICE. THAT IS WHY I AND TED LIEU TO MAKE SURE THIS PROBLEM IS STOPPED. OUR BILL PLACES A TWO-YEAR BAN ON POLITICAL APPOINTEES BEING HIRED FOR ANY JOB IN THE SERVICE SERVICE AFTER THEY DEPART A POLITICAL POSITION. THE BILL ENSURES AFTER THE TWO-YEAR BAN IS COMPLETED, THE HEAD OF THE AGENCY SEEKING TO EMPLOY THE INDIVIDUAL MUST SUBMIT A WRITTEN REQUEST TO O.P.M. DETAILING WHY HIRING A FORMER APPOINTEE IS NECESSARY. O.P.M. IS DIRECTED TO DENY THE POLITICS -- APPLICATION. THIS COMMONSENSE BILL ENSURES OUR FEDERAL WORK FORCE IS FILLED WITH CAREER CIVIL SERVANTS WHO ARE THE MOST QUALIFIED. I URGE MY COLLEAGUES TO SUPPORT THIS COMMONSENSE LEGISLATION THAT ENSURES OUR FEDERAL WORK FORCE IS BEING SELECTED BY MERIT AND NOT POLITICAL PARTY. I YIELD BACK. .

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                      • 03:31:50 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN FROM IOWA IS RECOGNIZED.

                      • 03:31:52 PM

                        >>

                        I WOULD LIKE TO MAKE THE GENTLEMAN FROM VIRGINIA AWARE I HAVE NO FURTHER…

                        I WOULD LIKE TO MAKE THE GENTLEMAN FROM VIRGINIA AWARE I HAVE NO FURTHER SPEAKERS AND AM PREPARED TO CLOSE.

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                      • 03:31:57 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

                      • 03:32:02 PM

                        >>

                        OFFERED, IT'S IMPORTANT WE PRESERVE THE INTEGRITY OF THE CIVIL SERVICE…

                        OFFERED, IT'S IMPORTANT WE PRESERVE THE INTEGRITY OF THE CIVIL SERVICE SYSTEM WE HAVE WORK SOD HARD TO BUILD IN THIS SYSTEM WHERE WE BUILD IN INTEGRITY AND REJECT NEPOTISM AND FAVORITISM OVER MERIT.

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                      • 03:32:26 PM

                        MR. CONNOLLY

                        ONE CAVEAT, ONCE IN A WHILE THERE MAY BE A POLITICAL APPOINTEE WHO IS THE…

                        ONE CAVEAT, ONCE IN A WHILE THERE MAY BE A POLITICAL APPOINTEE WHO IS THE BEST THING SINCE SLICED BREAD WHO BRINGS A LEVEL OF EXPERTISE THAT WE NEED. WE DON'T WANT TO MAKE IT HARDER TO LOOK AT THE MERITS. I KNOW THAT'S NOT THE INTENTION OF THE BILL BUT IT MAY BE AN UNINTENDED CONSEQUENCE. WITH THAT, WE SUPPORT THE BILL AND YIELD BACK THE BALANCE OF OUR TIME.

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                      • 03:32:51 PM

                        THE SPEAKER PRO TEMPORE

                        THE GENTLEMAN FROM IOWA IS RECOGNIZED.

                      • 03:32:53 PM

                        >>

                        I URGE ADOPTION OF THE BILL AND YIELD BACK THE BALANCE OF MY TIME.

                      • 03:32:57 PM

                        THE SPEAKER PRO TEMPORE

                        THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R.…

                        THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 1132 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED, AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

                        Show Full Text
                    • 03:33:09 PM

                      On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

                      • 03:33:11 PM

                        Motion to reconsider laid on the table Agreed to without objection.

                        • 03:33:12 PM

                          Mr. Blum moved to suspend the rules and pass the bill. H.R. 3737 — "To provide for a study on the use of social media in security clearance investigations."

                          • 03:33:28 PM

                            >>

                            I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 3737.

                          • 03:33:33 PM

                            THE SPEAKER PRO TEMPORE

                            THE CLERK WILL REPORT THE TITLE OF THE BILL.

                          • 03:33:37 PM

                            THE CLERK

                            UNION CALENDAR 382, H.R. 3737, A BILL TO PROVIDE FOR A STUDY ON THE USE OF…

                            UNION CALENDAR 382, H.R. 3737, A BILL TO PROVIDE FOR A STUDY ON THE USE OF SOCIAL MEDIA AND SECURITY CLEARANCE INVESTIGATION.

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                          • 03:33:46 PM

                            TEMPORE PURSUANT

                            PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. BLUM AND THE GENTLEMAN…

                            PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. BLUM AND THE GENTLEMAN FROM VIRGINIA, MR. CONNOLLY, WILL EACH CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM IOWA.

                            Show Full Text
                        • 03:33:50 PM

                          Considered under suspension of the rules.

                        • 03:33:51 PM

                          DEBATE

                          The House proceeded with forty minutes of debate on H.R. 3737.

                          • 03:33:59 PM

                            >>

                            CONSENT TO -- CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO…

                            CONSENT TO -- CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THE BILL UNDER CONSIDERATION.

                            Show Full Text
                          • 03:34:10 PM

                            THE SPEAKER PRO TEMPORE

                            WITHOUT OBJECTION.

                          • 03:34:11 PM

                            MR. BLUM

                            WITHOUT OBJECTION.

                          • 03:34:13 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN IS RECOGNIZED.

                          • 03:34:15 PM

                            MR. BLUM

                            I RISE IN SUPPORT OF H.R. 3737, THE SOCIAL MEDIA USE IN CLEARANCE…

                            I RISE IN SUPPORT OF H.R. 3737, THE SOCIAL MEDIA USE IN CLEARANCE INVESTIGATIONS ACT OF 2017, INTRODUCED BY THE GENTLEMAN FROM FLORIDA, REPRESENTATIVE DESANTIS. ACCORDING TO THE PEW RESEARCH CENTER, SNEVPB 10 AMERICANS USE SOCIAL MEDIA TODAY. A SIGNIFICANT PORTION OF THOSE AMERICANS' PERSONAL AND PROFESSIONAL INTERACTIONS OCCUR ONLINE. IT'S COMMONSENSE THAT THE GOVERNMENT SHOULD CHECK THE SOCIAL MEDIA OF INDIVIDUALS WHO APPLY FOR SECURITY CLEARANCES. BUT IT DOESN'T. H.R. 3737 WILL MOVE THE GOVERNMENT TOWARD IMPLEMENTING CHECKS OF SOCIAL MEDIA FOR INDIVIDUALS WE TRUST WITH OUR COUNTRY'S MOST SENSITIVE INFORMATION. THE BILL REQUIRES A STUDY OF THE USE OF SOCIAL MEDIA IN CLEARANCE INVESTIGATIONS, INFORM GOVERNMENT-WIDE IMPLEMENTATION OF SOCIAL MEDIA CHECKS. IT WILL PROVIDE COMPREHENSIVE INFORMATION ON PILOT PROGRAMS, LESSONS LEARNED, AND COSTS. WE MUST BEGIN THE PROCESS OF STRENGTHENING THE SYSTEM NOW AND THAT STARTINGS WITH DETERMINING BEST PRACTICES MOVING FORWARD. H.R. 3737 WILL HELP ENSURE THE GOVERNMENT CHECKS SOCIAL MEDIA BEFORE ISSUING SECURITY CLEARANCES. I URGE MY COLLEAGUES TO SUPPORT THIS BILL AND RESERVE THE BALANCE OF MY TIME.

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                          • 03:35:34 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN IS RECOGNIZED.

                          • 03:35:35 PM

                            >>

                            THANK YOU, MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                          • 03:35:38 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN IS RECOGNIZED.

                          • 03:35:42 PM

                            MR. CONNOLLY

                            I THINK THIS BILL IS LONG OVERDUE AND RECOGNIZES THE INTERNET WORLD IN…

                            I THINK THIS BILL IS LONG OVERDUE AND RECOGNIZES THE INTERNET WORLD IN WHICH WE LIVE AND OPERATE THIS BILL WOULD REQUIRE THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET TO ISSUE A REPORT TO CONGRESS ON THE USE OF SOCIAL MEDIA CHECKS IN BACKGROUND INVESTIGATIONS FOR SECURITY CLEARANCES. IN RECENT YEAR A NUMBER OF AGENCIES HAVE BEGUN PILOT PROGRAMS TO HELP DEVELOP THE BEST METHODS OF INCORPORATING SOCIAL MEDIA INTO THOSE BACKGROUND CHECKS. FOR EXAMPLE, THE ARMY INITIATED A PILOT PROGRAM THAT FOUND THAT WHILE CHECKING SOCIAL MEDIA IS A VALUABLE TOOL IT CAN BE COSTLY AND MAY RAISE SOME LEGAL ISSUES. THIS BILL WOULD REQUIRE THAT O.M.B. CONDUCT A COMPREHENSIVE STUDY ON THOSE ISSUES AND REPORT BACK TO CONGRESS THIS ONE-TIME REPORT WOULD DESCRIBE THE CURRENT USES OF SOCIAL MEDIA POSTINGS FOR INVESTIGATIVE PURPOSES AND ANY LEGAL CONCERNS OR IMPEDIMENTS THAT MAY ARISE. IN ADDITION, THE REPORT WOULD SUMMARIZE THE RESULTS OF ANY PILOT PROGRAMS ON THE USE OF SOCIAL MEDIA CONDUCTED TO DATE AND PROVIDE COST ESTIMATES FOR IMPLEMENTING THEIR WIDESPREAD USE AND BACKGROUND INVESTIGATIVE PROCESS. THE REPORT WOULD GREATLY ASSIST CONGRESS IN DETERMINING WHETHER FURTHER LEGISLATIVE ACTION IS NEEDED IN DETERMINING SOCIAL MEDIA USE AND BACKGROUND INVESTIGATIONS. THIS BILL IS APPROVED WITHOUT OPPOSITION, THE COMMITTEE ON GOVERNMENT AND OVERSIGHT REFORM LAST YEAR. I COMMEND IT TO OUR COLLEAGUES TODAY AND I WANT TO THANK MR. DESANTIS AND MR. LYNCH FOR THEIR LEADERSHIP ON WHAT I THINK IS A COMMONSENSE MEASURE THAT WILL ACTUALLY IMPROVE THE PROCESS. I URGE EVERY MEMBER TO SUPPORT THE BILL AND I RESERVE THE BALANCE OF OUR TIME.

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                          • 03:37:22 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN RESERVES. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

                          • 03:37:26 PM

                            MR. BLUM

                            FIVE MINUTES TO THE GENTLEMAN FROM FLORIDA AND SPONSOR OF THIS BILL, MR.…

                            FIVE MINUTES TO THE GENTLEMAN FROM FLORIDA AND SPONSOR OF THIS BILL, MR. DESANTIS.

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                          • 03:37:32 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN IS RECOGNIZED.

                          • 03:37:34 PM

                            MR. DESANTIS

                            MR. SPEAKER IN THE PRIVATE SECTOR IF AN EMPLOYER IS GOING TO HIRE SOMEBODY…

                            MR. SPEAKER IN THE PRIVATE SECTOR IF AN EMPLOYER IS GOING TO HIRE SOMEBODY A LOT OF TIMES THEY'LL DO A GOOGLE SEARCH, CHECK SOCIAL MEDIA POSTING TO SEE, LEARN A LITTLE MORE ABOUT THIS PROSPECTIVE EMPLOYEE. IT MAY BE HARD TO BELIEVE THAT THE FEDERAL GOVERNMENT OFTEN FAILS TO CONDUCT A SIMPLE INTERNET SEARCH ON INDIVIDUALS BEFORE THEY ENTRUST -- BEFORE THEY ARE ENTRUSTED WITH A SECURITY CLEARANCE. PUBLICLY AVAILABLE SOCIAL MEDIA IS ONE OF THE BEST WAYS TO UNDERSTAND AN INDIVIDUAL'S INTERESTS AND INTENTION BUT OUR INVESTIGATORY PROCESS FOCUSES ON INTERVIEWING THE APPLICANT'S FAMILY, FRIENDS AND NEIGHBORS. FOR OVER A DECADE, VARIOUS AGENCIES HAVE CONDUCTED STUDIES AND PILOT PROGRAMS TO ASSESS THE EFFECTIVENESS OF SOCIAL MEDIA CHECKS AND SECURITY CLEARANCE INVESTIGATIONS. CONGRESS HAS NOT BEEN PROVIDED THOSE RESULTS. WITH THIS BILL WILL REQUIRE THOSE AGENCIES TO IDENTIFY BEST PRACTICES SO WE CAN USE THIS GOING FORWARD TO MAKE SURE THAT THE PEOPLE WHO ARE EMPLOYED BY THIS GOVERNMENT, ARMED WITH A SECURITY CLEARANCE THAT HAVE ACCESS TO SENSE TIFFTIVE INFORMATION THAT PUTS THE SECURITY OF THE COUNTRY AT RISK, THAT THESE ARE PEOPLE THAT WE WANT TO HAVE THERE AND THEY'RE NOT FOLKS WHO HAVE ULTERIOR DESIGNS. A LOT OF TIMES IT'S GOING TO BE MUCH MORE INFORMATIVE TO LOOK AT THEIR PUBLICALLY AVAILABLE WRITINGS THAN TO TALK TO SOMEBODY WHO MAY LIVE NEXT DOOR TO THEM IN AN APARTMENT 10 YEARS AGO. THING THIS BILL IS OVERDUE. I THINK MY -- I THANK MY COLLEAGUE FROM MASSACHUSETTS, MR. LYNCH, FOR CO-SPONSORING IT FOR ME. I'M PROUD TO BE HERE TODAY AS A SPONSOR. I THINK THEY SHOULD HAVE BIPARTISAN SUPPORT AND I THINK IT'LL GIVE US A SOME GOOD ANSWERS AND WE CAN MOVE FORWARD AND MODERNIZE THIS PROCESS. I YIELD BACK.

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                          • 03:39:20 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN YIELDS. THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

                          • 03:39:25 PM

                            MR. CONNOLLY

                            MAY I INQUIRE, MR. SPEAKER, WHETHER MY REPUBLICAN FRIEND HAS ANY OTHER…

                            MAY I INQUIRE, MR. SPEAKER, WHETHER MY REPUBLICAN FRIEND HAS ANY OTHER SPEAKERS?

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                          • 03:39:33 PM

                            MR. BLUM

                            I DO NOT.

                          • 03:39:34 PM

                            MR. CONNOLLY

                            I THANK MY FRIEND. MR. SPEAKER, LET ME CLOSE. WE THINK THIS IS A…

                            I THANK MY FRIEND. MR. SPEAKER, LET ME CLOSE. WE THINK THIS IS A COMMONSENSE BILL. I AGREE WITH THE SENTIMENTS EXPRESSED BY OUR FRIEND FROM FLORIDA THAT IN TODAY'S DAY AND AGE WE CAN'T NOT TAKE COGNIZANCE OF SOCIAL MEDIA AND IT CAN BE A USEFUL TOOL IN EVALUATING SOMEONE'S SECURITY CLEARANCE APPLICATION. WE ALSO UNDERSTAND IT COULD BE A TOOL THAT'S USED TO INVADE PEOPLE'S PRIVACY AND WE WANT TO AVOID THAT. THAT'S WHY WHAT THIS BILL SUZZZUS CALL FOR A REPORT. LOOKING A AT THE LEGAL RAMIFICATIONS AND PRACTICALITY OF USING THIS TOOL TO GET TO A BETTER OUTCOME AND THE PROCESS OF SECURITY CLEARANCES AND SUPPORT THE BILL, COMMEND IT TO OUR COLLEAGUES, I YIELD BACK THE BALANCE OF OUR TIME.

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                          • 03:40:20 PM

                            THE SPEAKER PRO TEMPORE

                            THE GENTLEMAN YIELDS. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

                          • 03:40:26 PM

                            MR. BLUM

                            I URGE ADOPTION OF THE BILL AND YIELD BACK THE BALANCE OF MY TIME.

                          • 03:40:29 PM

                            THE SPEAKER PRO TEMPORE

                            THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R.…

                            THE QUESTION IS WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 3737. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

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                        • 03:40:34 PM

                          On motion to suspend the rules and pass the bill Agreed to by voice vote.

                          • 03:40:39 PM

                            Motion to reconsider laid on the table Agreed to without objection.

                            • 03:40:56 PM

                              Mr. Blum moved to suspend the rules and pass the bill, as amended. H.R. 4043 — "To amend the Inspector General Act of 1978 to reauthorize the whistleblower protection program, and for other purposes."

                              • 03:40:58 PM

                                MR. BLUM

                                I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4043.

                              • 03:41:01 PM

                                THE SPEAKER PRO TEMPORE

                                THE CLERK WILL REPORT THE TITLE OF THE BILL. THE CLERK WILL SUSPEND. DOES…

                                THE CLERK WILL REPORT THE TITLE OF THE BILL. THE CLERK WILL SUSPEND. DOES THE GENTLEMAN CALL UP THE BILL AS AMENDED?

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                              • 03:41:16 PM

                                MR. BLUM

                                THERE'S NO AMENDMENT.

                              • 03:41:18 PM

                                THE SPEAKER PRO TEMPORE

                                THE CLERK WILL REPORT THE TITLE OF THE BILL.

                              • 03:41:51 PM

                                THE SPEAKER PRO TEMPORE

                                H.R. 4043, A BILL TO AMEND THE INSPECTOR GENERAL ACT TO RE-AUTHORIZE THE…

                                H.R. 4043, A BILL TO AMEND THE INSPECTOR GENERAL ACT TO RE-AUTHORIZE THE WHISTLEBLOWER PROTECTION PROGRAM AND FOR OTHER PURPOSES.

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                            • 03:41:55 PM

                              Considered under suspension of the rules.

                            • 03:41:57 PM

                              DEBATE

                              The House proceeded with forty minutes of debate on H.R. 4043.

                              • 03:42:02 PM

                                THE SPEAKER PRO TEMPORE

                                PURR SUNE TO THE RULE, THE GENTLEMAN FROM IOWA, MR. WLUM, AND THE…

                                PURR SUNE TO THE RULE, THE GENTLEMAN FROM IOWA, MR. WLUM, AND THE GENTLEMAN FROM VIRGINIA, MR. CONNOLLY, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM IOWA.

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                              • 03:42:13 PM

                                MR. BLUM

                                I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO…

                                I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIALS ON THE BILL UNDER CONSIDERATION.

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                              • 03:42:21 PM

                                THE SPEAKER PRO TEMPORE

                                WITHOUT OBJECTION.

                              • 03:42:22 PM

                                MR. BLUM

                                I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                              • 03:42:25 PM

                                THE SPEAKER PRO TEMPORE

                                THE GENTLEMAN IS RECOGNIZED.

                              • 03:42:28 PM

                                MR. BLUM

                                I RISE TODAY, MR. SPEAKER , IN SUPPORT OF H.R. 4043, THE WHISTLEBLOWER…

                                I RISE TODAY, MR. SPEAKER , IN SUPPORT OF H.R. 4043, THE WHISTLEBLOWER PROTECTION ENHANCEMENT ACT, A BILL I INTRODUCED WITH RANKING MEMBER ELIJAH CUMMINGS. THE WHISTLEBLOWER PROTECTION EXTENSION ACT RE-AUTHORIZES THE WHISTLE BLER OMBUDSMAN PROGRAM. WHISTLEBLOWERS ARE THE FRONTLINE DEFENSE AGAINST WASTE, FRAUD, AND ABUSE IN THE FEDERAL GOVERNMENT. TOO MANY FEDERAL EMPLOYEES ARE UNAWARE OF THE LAWS THAT PROTECT THEM AND THE OPTIONS AVAILABLE FOR DEALING WITH RETALIATION AND OTHER ACTIONS INTENDED TO SILENCE THEM. TO ADDRESS THIS PROGRAM, CONGRESS CREATED THE OMBUDSMAN PROGRAM IN 2012. THE PROGRAM DIRECTS AGENCY INSPECTOR GENERAL TO DESIGNATE AN OMBUDSMAN FOR WHISTLEBLOWER PROTECTIONS AT THE AGENCY. THEY PROVIDE INFORMATION TO EMPLOYEES ON WHISTLEBLOWER PROTECTIONS AND REMEDIES IN THE EVENT OF RETALIATION THIS PROGRAM WAS ORIGINALLY A COMPONENT OF THE 2012 WHISTLE BLOW BROTHER TEXT ENHANCEMENT ACT AND WAS SET TO EXPIRE AFTER FIVE YEARS. OVER THE PAST FIVE YEAR THE OMBUDSMAN PROGRAM HAS RECEIVED HIGH MARKS FROM THE INSPECTOR GENERAL COMMUNITY. THIS BENEFITS THE COUNTRY AS A WHOLE AND MAKES THE FEDERAL GOVERNMENT MORE EFFICIENT. FOR THAT REASON, IT IS IMPERATIVE WE PASS H.R. 4043 AND MAKE THE OMBUDSMAN PROGRAM PERMANENT. I URGE MY COLLEAGUES TO SUPPORT THIS BILL AND RESERVE THE BALANCE OF MY TIME.

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                              • 03:43:49 PM

                                THE SPEAKER PRO TEMPORE

                                THE GENTLEMAN RESERVES. THE GENTLEMAN FROM VIVERAGE IS RECOGNIZED.

                              • 03:43:53 PM

                                MR. CONNOLLY

                                I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                              • 03:43:56 PM

                                THE SPEAKER PRO TEMPORE

                                THE GENTLEMAN IS RECOGNIZED.

                              • 03:43:59 PM

                                MR. CONNOLLY

                                THE NEED FOR THIS BILL COMES INTO FOCUS JUST TODAY WITH REPORTS, MAYBE…

                                THE NEED FOR THIS BILL COMES INTO FOCUS JUST TODAY WITH REPORTS, MAYBE UNCONFIRMED, THAT ONE OF THE TRUMP CABINET MEMBERS IS ENGAGED IN A WITCH HUNT AGAINST A WHISTLEBLOWER. WE NEED THIS KIND OF PROTECTION. RYE I RISE IN STRONG SUPPORT OF H.R. 4043, THE WHISTLEBLOWER PROTECTION EXTENSION ACT. REPRESENTATIVE BLUM AND OVERSIGHT COMMITTEE RANKING MEMBER ELIJAH CUMMINGS INTRODUCED BE THILL TO EXTEND THE PILOT PROGRAM THAT REQUIRES EVERY INSPECTOR GENERAL'S OFFICE TO HAVE A LIAISON DEDICATED TO ASSISTING WHISTLEBLOWERS. UNDER THIS LEGISLATION, THE WHISTLEBLOWER PROTECTION COORDINATOR WOULD HELP EDUCATE AGENCY EMPLOYEES ABOUT WHISTLE BLOW BROTHER TEXT LAWS. THIS BILL WOULD HELP EMPLOYEES WHO WANT TO BLOW THE WHISTLE KNOW THEIR RIGHTS AND WOULD PUT AGENCY MANAGEMENT ON NOTICE THAT IT'S AGAINST THE LAW TO RETALIATE AGAINST WHISTLEBLOWERS. THIS BILL WOULD REQUIRE WHISTLEBLOWER PROTECTION COORDINATORS TO PROVIDE WHISTLEBLOWERS WHO HAVE SUFFERED RETALIATION ABOUT OPTIONS AVAILABLE TO THEM TO HAVE THEIR ALLEGATIONS EVALUATED. NO MATTER HOW STRONG WE MAKE OUR WHISTLE BLOW BROTHER TEXT LAWS THAT I WILL NOT HELP IF WHISTLEBLOWERS DO NOT KNOW HOW TO EXERCISE THEIR RIGHTS UNDER THOSE LAWS. I URGE MY COLLEAGUES TO PASS THIS BIPARTISAN MEASURE, TO STRENGTHEN WHISTLEBLOWER PROTECTIONS, AND I RESERVE THE BALANCE OF MY TIME.

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                              • 03:45:24 PM

                                MR. BLUM

                                I HAVE NO FURTHER SPEAKERS AND AM PREPARED TO CLOSE.

                              • 03:45:27 PM

                                THE SPEAKER PRO TEMPORE

                                THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

                              • 03:45:31 PM

                                MR. CONNOLLY

                                MR. SPEAKER, I JUST URGE THIS BILL, COMMONSENSE BILL, GOOD GOVERNMENT…

                                MR. SPEAKER, I JUST URGE THIS BILL, COMMONSENSE BILL, GOOD GOVERNMENT COMING OUT OF OUR COMMITTEE. I THANK MY FRIEND FROM IOWA FOR COLLABORATING ON THIS COMMONSENSE PIECE OF LEGISLATION AND I URGE ITS ADOPTION. AND I YIELD BACK.

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                              • 03:45:50 PM

                                THE SPEAKER PRO TEMPORE

                                THE GENTLEMAN IS RECOGNIZED.

                              • 03:45:52 PM

                                MR. BLUM

                                I URGE ADOPTION AND I YIELD BACK.

                              • 03:45:54 PM

                                THE SPEAKER PRO TEMPORE

                                WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4043 AS AMENDED.…

                                WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4043 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM IOWA SEEK RECOGNITION?

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                            • 03:45:58 PM

                              On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

                              • 03:46:03 PM

                                On motion to suspend the rules and pass the bill Agreed to by voice vote.

                                • 03:46:07 PM

                                  Motion to reconsider laid on the table Agreed to without objection.

                                  • 03:46:08 PM

                                    Motion to reconsider laid on the table Agreed to without objection.

                                    • 03:46:19 PM

                                      MR. BLUM

                                      SUSPEND THE RULES AND PASS THE BILL S. 118 WITH AN AMENDMENT.

                                    • 03:46:26 PM

                                      THE SPEAKER PRO TEMPORE

                                      THE CLERK WILL REPORT THE BILL.

                                    • 03:46:29 PM

                                      THE CLERK

                                      FUNDS FOR THE COST OF PAINTING PORTRAITS OF OFFICERS AND EMPLOYEES OF THE…

                                      FUNDS FOR THE COST OF PAINTING PORTRAITS OF OFFICERS AND EMPLOYEES OF THE FEDERAL GOVERNMENT.

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                                    • 03:46:38 PM

                                      TEMPORE PURSUANT

                                      PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. PLUM AND THE GENTLEMAN…

                                      PURSUANT TO THE RULE, THE GENTLEMAN FROM IOWA, MR. PLUM AND THE GENTLEMAN FROM VIRGINIA, MR. CONNOLLY, EACH WILL CONTROL 20 MINUTES.

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                                    • 03:46:48 PM

                                      MR. BLUM

                                      I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS IN…

                                      I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS IN WHICH TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THE BILL UNDER CONSIDERATION INCLUDING AN EXCHANGE OF LETTERS ON THE HOUSE COMPANION BILL BETWEEN THE COMMITTEE ON GOVERNMENT OVERSIGHT REFORM AND I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

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                                  • 03:46:53 PM

                                    Mr. Blum moved to suspend the rules and pass the bill, as amended. S. 188 — "To prohibit the use of Federal funds for the costs of painting portraits of officers and employees of the Federal Government."

                                    • 03:47:06 PM

                                      Considered under suspension of the rules.

                                    • 03:47:07 PM

                                      DEBATE

                                      The House proceeded with forty minutes of debate on S. 188.

                                      • 03:47:13 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE GENTLEMAN IS RECOGNIZED.

                                      • 03:47:15 PM

                                        MR. BLUM

                                        I RISE TODAY IN SUPPORT OF THE ELIMINATING GOVERNMENT-FUNDED OIL PAINTING…

                                        I RISE TODAY IN SUPPORT OF THE ELIMINATING GOVERNMENT-FUNDED OIL PAINTING ACT, A BILL INTRODUCED BY SENATOR CASSIDY. IN YEARS PAST, THE FEDERAL GOVERNMENT SPENT HUNDREDS OF THOUSANDS OF DOLLARS ON GOVERNMENT FIRST. TAXPAYER FUNDS SHOULD BE GOING TO AGENCIES NOT OIL PAINTING OF CABINET MEMBERS. ELIMINATING GOVERNMENT FUNDED OIL PAINTING ACT. THE EGO ACT MAKES CLEAR ONCE AND FOR ALL THAT GOVERNMENT AGENCIES CANNOT SPEND TAXPAYER DOLLARS ON OIL PAINTINGS. SUPPORT THIS BIPARTISAN LEGISLATION. AND I RESERVE.

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                                      • 03:48:02 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

                                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED.

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                                      • 03:48:07 PM

                                        MR. CONNOLLY

                                        I THANK THE SPEAKER, AND I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                      • 03:48:12 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE GENTLEMAN IS RECOGNIZED.

                                      • 03:48:14 PM

                                        MR. CONNOLLY

                                        THIS IS A SAD DAY IN THE SWAMP. TO ELIMINATE OIL PAINTINGS OF MEN AND…

                                        THIS IS A SAD DAY IN THE SWAMP. TO ELIMINATE OIL PAINTINGS OF MEN AND WOMEN WHO CONSIDER THEMSELVES VERY IMPORTANT TO MAKE SURE THE TAXPAYER FUNDS IS NEVER USED FOR SUCH A THING, SAD DAY FOR THE SWAMP IN WASHINGTON. ONE CAN COME TO THE CAPITOL AND LOOK AT OIL PAINTINGS THAT ARE ON EVERY CORRIDOR AND WALL, IN HEARING ROOMS, HERE IN THE CAPITOL AND NOT KNOW MOST OF THESE PEOPLE. WE HAVEN'T GOT A CLUE WHOM MOST OF THEM ARE. WE RECOGNIZE JOHN ADAMS. BUT WHEN WE GO TO COMMITTEE HEARING ROOMS, ONE OR TWO CHAIRMEN PAST, WE DON'T KNOW WHO THEY ARE. I GUESS IT WAS AN ATTEMPT TO ACHIEVE IMMORTALITY. BUT IT IS AN ACT OF EGO THAT IS A LITTLE EMBARRASSING EVEN FOR WASHINGTON, D.C. THIS IS AN IMPORTANT BILL, COMMONSENSE BILL, THAT BRINGS US ALL BACK TO EARTH THAT NONE OF US IS INEXPENDABLE AND THAT FRANKLY, WE MAKE OUR CONTRIBUTION AND WE MOVE ON. THIS BILL STRIKES AT THE UNCONTROLLED EGOS AND I HOPE SENDS A MESSAGE TO THOSE AMONG US, THAT THEY CAN STAY THAT WAY IF THEY WISH, BUT THE TAXPAYER ISN'T GOING TO PAY FOR THEIR OIL PAINTING. I SUPPORT THE BILL AND URGE ITS PASSAGE. AND I RESERVE.

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                                      • 03:49:51 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA IS…

                                        THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

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                                      • 03:49:55 PM

                                        MR. BLUM

                                        I WOULD LIKE TO MAKE THE GENTLEMAN AWARE I HAVE NO FURTHER SPEAKERS AND AM…

                                        I WOULD LIKE TO MAKE THE GENTLEMAN AWARE I HAVE NO FURTHER SPEAKERS AND AM PREPARED TO CLOSE AND I ENJOYED MY MY COL'S EEG RATHER DRY SENSE OF WITT.

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                                      • 03:50:13 PM

                                        MR. CONNOLLY

                                        BEING IRISH THAT LEPRECHAUNS ARE ALWAYS ON MY SHOULDER. I LIKE THIS BILL.…

                                        BEING IRISH THAT LEPRECHAUNS ARE ALWAYS ON MY SHOULDER. I LIKE THIS BILL. I THINK MOST TAXPAYERS ARE GOING TO LIKE THIS BILL AND HIGH TIME THAT WE ACTED ON THIS KIND OF IMPROVEMENT AND INJECTED A SENSE OF HUMILITY AND HUMIDITY INTO OUR ENTERPRISE HERE IN THE UNITED STATES COL. I URGE PASSAGE AND I YIELD BACK.

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                                      • 03:50:46 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA…

                                        THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM IOWA IS RECOGNIZED.

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                                      • 03:50:49 PM

                                        MR. BLUM

                                        I URGE PASSAGE AND I YIELD BACK.

                                      • 03:50:53 PM

                                        THE SPEAKER PRO TEMPORE

                                        THE QUESTION IS WILL THE HOUSE PASS SENATE 188 AS AMENDED. THOSE IN FAVOR…

                                        THE QUESTION IS WILL THE HOUSE PASS SENATE 188 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE. WITHOUT OBJECTION, THE TITLE IS AMENDED. PURSUANT TO CLAUSE 8 OF RULE 20, PROCEEDINGS WILL RESUME ON QUESTIONS PREVIOUSLY POSTPONED. VOTES WILL BE TAKEN IN THE FOLLOWING ORDER. MOTION TO RECOMMIT ON H.R. 4607 AND PASSAGE OF H.R. 4607 IF ORDERED. THE FIRST ELECTRONIC VOTE WILL BE CONDUCTED AS A 15-MINUTE VOTE. REMAINING ELECTRONIC VOTES WILL BE CONDUCTED AS FIVE-MINUTE VOTES. THE UNFINISHED BUSINESS IS THE QUESTION ON AGREEING TO THE MOTION TO RECOMMIT ON H.R. 4607 OFFERED BY THE GENTLEWOMAN FROM MASSACHUSETTS, MS. CLARKE, ON WHICH THE YEAS AND NAYS WERE ORDERED. THE CLERK WILL REDESIGNATE THE MOTION.

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                                    • 03:51:00 PM

                                      On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

                                      • 03:51:02 PM

                                        Motion to reconsider laid on the table Agreed to without objection.

                                        • 03:51:06 PM

                                          The title of the measure was amended. Agreed to without objection.

                                        • 03:51:25 PM

                                          UNFINISHED BUSINESS

                                          The Chair announced that the unfinished business was on the motion to recommit the bill H.R. 4607, which had been debated earlier and on which further proceedings had been postponed.

                                          • 03:52:03 PM

                                            Considered as unfinished business. H.R. 4607 — "To amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes."

                                            • 03:52:04 PM

                                              THE CLERK

                                              MOTION TO RECOMMIT ON H.R. 4607 OFFERED BY MS. CLARKE OF MASSACHUSETTS.

                                            • 03:52:12 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE QUESTION IS ON AGREEING TO THE MOTION TO RECOMMIT. MEMBERS WILL RECORD…

                                              THE QUESTION IS ON AGREEING TO THE MOTION TO RECOMMIT. MEMBERS WILL RECORD THEIR VOTES BY ELECTRONIC DEVICE. THIS IS A 15-MINUTE VOTE. [CAPTIONING MADE POSSIBLE BY THE NATIONAL CAPTIONING INSTITUTE, INC., IN COOPERATION WITH THE UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED COVERAGE OF THE HOUSE PROCEEDINGS FOR POLITICAL OR COMMERCIAL PURPOSES IS EXPRESSLY PROHIBITED BY THE U.S. HOUSE OF REPRESENTATIVES.]

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                                          • 03:52:19 PM

                                            On motion to recommit with instructions Roll Call 94 - Yea and Nay vote pending.

                                            • 04:18:28 PM

                                              THE SPEAKER PRO TEMPORE

                                              ON THIS VOTE THE YEAS ARE 182. THE NAYS ARE 228. THE MOTION IS NOT…

                                              ON THIS VOTE THE YEAS ARE 182. THE NAYS ARE 228. THE MOTION IS NOT ADOPTED. THE QUESTION IS ON PASSAGE OF THE BILL. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE AYES HAVE IT. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                        • 04:18:30 PM

                                          House Vote 94 - On Motion to Recommit with Instructions

                                          Comprehensive Regulatory Review Act

                                          Failed (182 - 228)
                                          Yea
                                          Nay

                                          Vote Details: Yea - 182
                                          Democratic - 180
                                          Republican - 2

                                          Vote Details: Nay - 228
                                          Republican - 227
                                          Democratic - 1

                                          Vote Details: Not Voting - 20
                                          Republican - 8
                                          Democratic - 12

                                          • 04:18:41 PM

                                            On passage Roll Call 95 - Yea and Nay vote pending.

                                            • 04:19:06 PM

                                              MR. HENSARLING

                                              I ASK FOR THE YEAS AND NAYS.

                                            • 04:19:08 PM

                                              MS. WATERS

                                              CALL FOR THE YEAS AND NAYS.

                                            • 04:19:11 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTE BY THE YEAS AND…

                                              THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTE BY THE YEAS AND NAYS WILL RISE. A SUFFICIENT NUMBER HAVING ARISEN, THE YEAS AND NAYS ARE ORDERED. MEMBERS WILL RECORD THEIR VOTES BY ELECTRONIC DEVICE. THIS IS A FIVE-MINUTE VOTE. [CAPTIONING MADE POSSIBLE BY THE NATIONAL CAPTIONING INSTITUTE, INC., IN COOPERATION WITH THE UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED COVERAGE OF THE HOUSE PROCEEDINGS FOR POLITICAL OR COMMERCIAL PURPOSES IS EXPRESSLY PROHIBITED BY THE U.S. HOUSE OF REPRESENTATIVES.]

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                                            • 04:26:11 PM

                                              THE SPEAKER PRO TEMPORE

                                              ON THIS VOTE THE YEAS ARE 264. THE NAYS 143. THE BILL IS PASSED. WITHOUT…

                                              ON THIS VOTE THE YEAS ARE 264. THE NAYS 143. THE BILL IS PASSED. WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE.

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                                        • 04:26:18 PM

                                          House Vote 95 - On Passage

                                          Comprehensive Regulatory Review Act

                                          Passed (264 - 143)
                                          Yea
                                          Nay

                                          Vote Details: Yea - 264
                                          Republican - 226
                                          Democratic - 38

                                          Vote Details: Nay - 143
                                          Democratic - 143

                                          Vote Details: Not Voting - 23
                                          Republican - 11
                                          Democratic - 12

                                          • 04:26:19 PM

                                            Motion to reconsider laid on the table Agreed to without objection.

                                            • 04:26:31 PM

                                              The House received a communication from the Honorable Val Butler Demings. Mrs. Demings submitted her resignation from the Committee on Oversight and Government Reform. The resignation was accepted without objection.

                                              • 04:26:50 PM

                                                THE SPEAKER PRO TEMPORE

                                                THE CHAIR LAYS BEFORE THE HOUSE A COMMUNICATION.

                                              • 04:26:55 PM

                                                THE CLERK

                                                THE HONORABLE THE SPEAKER, HOUSE OF REPRESENTATIVES, SIR, I, VAL DEMINGS,…

                                                THE HONORABLE THE SPEAKER, HOUSE OF REPRESENTATIVES, SIR, I, VAL DEMINGS, IS SUBMITTING MY RESIGNATE -- RESIGNATION ON THE COMMITTEE OF OVERSIGHT AND GOVERNMENT AFFAIRS. VAL DEMINGS, MEMBER OF CONGRESS.

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                                            • 04:27:19 PM

                                              Considered as privileged matter. H. Res. 764 — "Electing Members to a certain standing committee of the House of Representatives."

                                              • 04:27:24 PM

                                                TEMPORE WITHOUT

                                                WITHOUT OBJECTION, THE RESIGNATION IS ACCEPTED.

                                              • 04:27:32 PM

                                                THE SPEAKER PRO TEMPORE

                                                FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION?

                                              • 04:27:38 PM

                                                >>

                                                MR. SPEAKER, I OFFER A PRIVILEGED RESOLUTION AND ASK FOR ITS IMMEDIATE…

                                                MR. SPEAKER, I OFFER A PRIVILEGED RESOLUTION AND ASK FOR ITS IMMEDIATE CONSIDERATION BY THE CHAMBER.

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                                              • 04:27:45 PM

                                                THE SPEAKER PRO TEMPORE

                                                THE CLERK WILL REPORT THE RESOLUTION.

                                              • 04:27:47 PM

                                                THE CLERK

                                                HOUSE RESOLUTION 763, RESOLVED, THAT THE FOLLOWING NAMED MEMBERS BE AND…

                                                HOUSE RESOLUTION 763, RESOLVED, THAT THE FOLLOWING NAMED MEMBERS BE AND ARE HEREBY ELECTED TO THE STANDING COMMITTEE OF THE HOUSE OF REPRESENTATIVES -- ONE, COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM, MR. GOMEZ TO RANK IMMEDIATELY AFTER MR. RASKIN, MR. WELCH, MR. CARTWRIGHT, MR. DESAULINER, MS. PLASKETT AND MR. SARBANES.

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                                          • 04:27:57 PM

                                            On agreeing to the resolution Agreed to without objection.

                                            • 04:28:05 PM

                                              Motion to reconsider laid on the table Agreed to without objection.

                                              • 04:28:12 PM

                                                TEMPORE WITHOUT

                                                WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE.

                                              • 04:28:17 PM

                                                >>

                                                MR. SPEAKER, I YIELD BACK. THANK YOU.

                                              • 04:29:05 PM

                                                THE SPEAKER PRO TEMPORE

                                                THE HOUSE WILL BE IN ORDER. THE CHAIR WILL NOW ENTERTAIN REQUESTS FOR…

                                                THE HOUSE WILL BE IN ORDER. THE CHAIR WILL NOW ENTERTAIN REQUESTS FOR ONE-MINUTE SPEECHES. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM FLORIDA SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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                                          • 04:29:09 PM

                                            ONE MINUTE SPEECHES

                                            The House proceeded with further one minute speeches.

                                            • 04:29:25 PM

                                              >>

                                              MR. SPEAKER.

                                            • 04:29:27 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE HOUSE WILL BE IN ORDER. THE HOUSE WILL BE IN ORDER. THE GENTLEMAN MAY…

                                              THE HOUSE WILL BE IN ORDER. THE HOUSE WILL BE IN ORDER. THE GENTLEMAN MAY PROCEED.

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                                            • 04:29:34 PM

                                              >>

                                              MR. SPEAKER, WHEN YOU DRIVE THROUGH FLORIDA'S HEARTLAND IN HIGHLANDS,…

                                              MR. SPEAKER, WHEN YOU DRIVE THROUGH FLORIDA'S HEARTLAND IN HIGHLANDS, COUNTY, YOU'LL PROBABLY SEE SIGNS THAT SAY CONGROVES AND YOU'LL DRIVE THROUGH CITRUS GROVES. MILES HAS BEEN AN ADVOCATE OF CITRUS LEADING TO HIS MANAGEMENT COMPANY FOR MANAGING OVER 400 ACRES TO OVER 5,500 ACRES AT ITS PEAK. HE SERVED ON THE FLORIDA CITRUS COMMISSION FOR EIGHT YEARS AND WORKED ON THE LONG RANGE PLANNING COMMITTEE FOR SEVERAL YEARS AFTER THAT.

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                                            • 04:30:08 PM

                                              MR. ROONEY

                                              HIM IN THE HOUSE OF REPRESENTATIVES. THANK YOU, MR. SPEAKER. I YIELD BACK.

                                            • 04:30:48 PM

                                              THE SPEAKER PRO TEMPOR

                                              THE GENTLEMAN YIELDS BACK.

                                            • 04:30:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FR NEWOMERSEY SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 04:31:13 PM

                                              MR. PAYNE

                                              MR. SPEAKER, COLORECTAL CANCER IS THE SECOND LEADING CAUSE OF DEATH FOR…

                                              MR. SPEAKER, COLORECTAL CANCER IS THE SECOND LEADING CAUSE OF DEATH FOR MEN AND WOMEN COMBINED. IT IS A SILENT KILLER BECAUSE THE DISEASE OFTEN HAS NO SIGNS OR SYMPTOMS. EACH YEAR MORE THAN 50,000 AMERICANS DIE FROM COLORECTAL CANCER. EVEN THOUGH IT IS MOSTLY PREVENTABLE AND TREATABLE IF CAUGHT EARLY. SIX YEARS AGO TODAY, MY FATHER, THE LATE CONGRESSMAN DONALD PAYNE, DIED FROM COLORECTAL CANCER. COLORECTAL CANCER SCREENING JUST WASN'T SOMETHING PEOPLE OF HIS GENERATION DID. MR. SPEAKER, MY FATHER MIGHT HAVE LIVED HAD HE GOTTEN TESTED FOR COLORECTAL CANCER. THAT'S WHY EACH YEAR I SPONSOR A RESOLUTION TO RECOGNIZE MARCH AS NATIONAL COLORECTAL CANCER AWARENESS MONTH. A TIME TO EDUCATE THE PUBLIC ABOUT THE DISEASE AND THE NEED FOR SCREENING. BY EDUCATING PEOPLE, INCREASING RESEARCH FUNDING, AND MAKING MEDICARE COVERAGE BETTER FOR SENIORS, WE CAN SAVE TENS OF THOUSANDS OF LIVES EACH YEAR. AND I WOULD RATHER NOT HAVE TO MAKE THIS ONE-MINUTE SPEECH EVERY YEAR, TO HAVE MY FATHER STILL THE MEMBER OF CONGRESS FROM THE 10TH CONGRESSIONAL DISTRICT. AND WITH THAT I YIELD BACK.

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                                            • 04:32:42 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ARE THERE FURTHER…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ARE THERE FURTHER ONE-MINUTE REQUESTS? FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MINNESOTA SEEK RECOGNITION?

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                                            • 04:32:50 PM

                                              MR. PAULSEN

                                              UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE, REVISE AND EXTEND…

                                              UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE, REVISE AND EXTEND MY REMARKS.

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                                            • 04:32:53 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 04:32:56 PM

                                              MR. PAULSEN

                                              MR. SPEAKER, I RISE TODAY TO SPEAK IN SUPPORT OF THE MILITARY SAVE ACT.…

                                              MR. SPEAKER, I RISE TODAY TO SPEAK IN SUPPORT OF THE MILITARY SAVE ACT. LAST YEAR THE DEPARTMENT OF DEFENSE REPORTED THERE WERE AN ESTIMATED 20,300 MILITARY MEMBERS WHO INDICATED THEY EXPERIENCED A SEXUAL ASSAULT THE YEAR PRIOR. MANY OF THESE MILITARY SEXUAL TRAUMA SURVIVORS EXPRESSED CONCERNS THAT SERVICES AVAILABLE WITHIN THE V.A. HEALTH CARE SYSTEM DID NOT MEET THEIR POST TRAUMA NEEDS -- POSTTRAUMA NEEDS. THIS BILL WILL NOW REQUIRE THE DEPARTMENT OF VETERANS AFFAIRS TO ESTABLISH A THREE-YEAR PILOT PROGRAM TO ALLOW THESE SURVIVERS TO SEEK TREATMENT RELATED TO THEIR INJURIES FROM THE PROVIDER OF THEIR CHOICE. THEN THE V.A. WILL COMPARE THE CARE RECEIVED FROM OUTSIDE PROVIDERS WITH THE V.A. SO THEY CAN FIND WAYS TO PAY BETTER CARE FOR M.S.T. SURVIVORS. MR. SPEAKER, ANYONE WHO IS SEXUALLY ASSAULTED SHOULD BE ABLE TO RECEIVE THE CARE THAT THEY NEED. AND THAT STANDS TRUE FOR THE MEN AND WOMEN PROTECTING OUR NATION. MEMBERS OF THE MILITARY SHOULD BE CONFIDENT IN THE QUALITY OF CARE THEY RECEIVE FROM THE V.A. AND THIS NEW BILL COULD BECOME LAW, WOULD HELP THE V.A. TO IMPROVE THE SERVICES THAT THEY OFFER. I YIELD BACK.

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                                          • 04:33:56 PM

                                            SPECIAL ORDER SPEECHES

                                            The House has concluded all anticipated legislative business and has proceeded to Special Order speeches.

                                            • 04:33:59 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ARE THERE ANY FURTHER…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. ARE THERE ANY FURTHER REQUESTS FOR ONE-MINUTE SPEECHES? THE CHAIR LAYS BEFORE THE HOUSE THE FOLLOWING PERSONAL REQUESTS.

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                                            • 04:34:15 PM

                                              THE CLERK

                                              LEAVES OF ABSENCE REQUESTED FOR MR. DEFAZIO OF OREGON FOR TODAY. MR. POE…

                                              LEAVES OF ABSENCE REQUESTED FOR MR. DEFAZIO OF OREGON FOR TODAY. MR. POE OF TEXAS FOR AFTER 4:00 PRIME MINISTER TODAY AND FOR THE BALANCE OF THE WEEK. AND MR. STIVERS OF OHIO FOR TODAY AND FOR TOMORROW.

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                                            • 04:34:31 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION, THE REQUESTS ARE GRANTED. UNDER THE SPEAKER'S ANNOUNCED…

                                              WITHOUT OBJECTION, THE REQUESTS ARE GRANTED. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 3, 2017,, THE GENTLEMAN FROM CALIFORNIA, MR. GAR -- UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 3, 2017, THE GENTLEMAN FROM CALIFORNIA, MR. GARAMENDI, IS RECOGNIZED FOR 60 MINUTES AS THE DESIGNEE OF THE MINORITY LEADER.

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                                            • 04:35:09 PM

                                              MR. GARAMENDI

                                              THANK YOU, MR. SPEAKER. I SEE MY COLLEAGUES FROM THE GREAT SOUTH ARE HERE…

                                              THANK YOU, MR. SPEAKER. I SEE MY COLLEAGUES FROM THE GREAT SOUTH ARE HERE AND THEY SHOULD BE LISTENING VERY CAREFULLY AS WE DISCUSS INFRASTRUCTURE. AND I MIGHT LIKE TO DRAW THE ATTENTION OF THE HOUSE TO THIS, IF I MIGHT. A FELLOW THAT WE KNOW, AT THE F.D.R. MEMORIAL. THE TEST OF OUR PROGRESS IS NOT WHETHER WE ADD MORE TO THE ABUNDANCE OF THOSE WHO HAVE MUCH , KEEP IN MIND THE TAX BILL THAT PASSED HERE AND WAS SIGNED BY THE PRESIDENT IN JANUARY. THE TEST OF OUR PROGRESS IS NOT WHETHER WE ADD MORE TO THE ABUNS DANCE -- ABUNDANCE OF THOSE WHO HAVE MUCH, IT IS RATHER WHETHER WE PROVIDE ENOUGH FOR THOSE WHO HAVE TOO LITTLE. WORDS TO LEGISLATE BY. WOULDN'T YOU SAY? SO MY COLLEAGUES, PLEASE KEEP THIS IN MIND. DON'T LEAVE RIGHT IN THE MIDDLE OF A GOOD DISCUSSION. BUT IF WE'RE TO PAY ATTENTION TO WHAT IS IMPORTANT HERE, KEEP IN MIND THOSE WHO HAVE LITTLE. IT TURNS OUT THAT THE GREAT TAX CUT, WAS PROBABLY BEST DESCRIBED BY THE PRESIDENT. SHORTLY AFTER HE SIGNED THE BILL, HE WENT DOWN TO HIS MAR-A-LAGO CLUB AND TOLD HIS FRIENDS WHO HAD GATHERED THERE, ALL OF WHOM WERE THE GREAT BENEFICIARIES OF THAT TAX CUT, AND HE SAID, I HAVE MADE YOU SO MUCH MORE WEALTHY. AND INDEED, THAT'S EXACTLY WHAT THE TAX CUT DID. IT MADE THE WEALTHY IN AMERICA EVEN MORE WEALTHY. TO THE TUNE OF SEVERAL HUNDRED BILLION DOLLARS. THE AMERICAN CORPORATIONS SAW THEIR TAX RATE FALL FROM 35% TO 20%. AND THE TOP, TOP INCOME EARNERS IN AMERICA SAW THEIR TAX RATE GO DOWN BY 2.5%. IT WAS MARVELOUS, IF YOU HAVE A GREAT DEAL OF MONEY, BECAUSE 80%-PLUS OF THE TRILLION AND A HALF, BILLION DOLLARS, THAT'S $1,500,000,000,000, PERHAPS MORE, OF THE BENEFITS WENT TO THE TOP 1%. AMERICAN CORPORATIONS AND THE SUPERWEALTHY. IS THERE SUCH A THING AS TRICKLE-DOWN ECONOMICS? IS THERE REALLY THE PROBABILITY THAT THE SUPERWEALTHY ARE GOING TO BUY MORE CARS, BUILD NEW HOMES, PALACES IN AMERICA WITH ALL OF THE NEW MONEY THAT THEY RECEIVED? THE ANSWER IS PROBABLY NOT IN AMERICA. BUT PROBABLY ON SOME ISLAND SOMEWHERE WHERE THEY CAN USE THE NEW TAX BREAKS FOR FOREIGN INVESTMENT THAT ARE IN THIS TAX BILL. OH, THEY WERE GOING TO CLOSE THE LOOPHOLES FOR CORPORATIONS AND INDIVIDUALS THAT WANTED TO GO OFFSHORE. NO. DIDN'T HAPPEN. DID NOT HAPPEN. INSTEAD NEW OFFSHORE TAX ADVANTAGES ARE CREATED FOR AMERICAN CORPORATIONS. INVERSIONS, ELIMINATE -- INVERSIONS ELIMINATED. NO. CORPORATE INVERSIONS ARE NOT ELIMINATED. THEY ARE IN FACT CONTINUED. AND INCREASED. HOW DID THIS COME TO PASS? PROBABLY CAME TO PASS BECAUSE THERE WAS NOT ONE HEARING. NOT ONE SUBSTANTIVE HEARING IN THE WAYS AND MEANS COMMITTEE AND IN THE SENATE FINANCE COMMITTEE ON THE MOST IMPORTANT TAX BILL THAT'S PASSED OUT OF CONGRESS IN THE LAST 25 YEARS. SO NOW WE LIVE WITH THIS. NOW WE LIVE WITH THE SITUATION WHERE THE TREASURY DEPARTMENT ANNOUNCED A COUPLE OF WEEKS AGO THAT THE TAX REVENUES FOR THE 2018 FISCAL YEAR, THAT IS NOW, ARE DOWN BY A COUPLE HUNDRED BILLION DOLLARS. SO, WHAT'S GOING TO HAPPEN? WELL, WHEN THE TAX BILL IS MOVING ALONG, ALL OF THE DEFICIT HAWKS, AND THERE USED TO BE, I DON'T KNOW, A COUPLE HUNDRED OF THEM, OVER HERE ON MY REPUBLICAN COLLEAGUES' SIDE, THEY LEFT TOWN IN DECEMBER. NOT ONE WORD ABOUT THE NEW $1,500,000,000,000 ADDITION TO THE DEFICIT. BUT, LIKE MOST MIGRATORY BIRDS, THEY'RE GOING TO COME BACK WHEN THE WEATHER WARMS UP IN WASHINGTON AND THEY'RE GOING TO GO AFTER THE DEFICIT WITH A VENGEANCE AND I'LL BET THEY'RE NOT GOING TO PROPOSE THAT WE GO BACK AND CLEAN UP THE TAX MESS THAT WAS CREATED. MY GUESS IS WHAT THEY'RE GOING TO DO IS GO AFTER PROGRAMS. AND I THINK WE KNOW WHAT PROGRAMS THEY ARE. BECAUSE THE SPEAKER OF THIS ESTEEMED HOUSE HAS VERY CLEARLY LAID OUT IN PREVIOUS BUDGETS THAT HE WROTE WHEN HE WAS HEAD OF THE BUDGET COMMITTEE, GOING TO GO AFTER SOCIAL SECURITY, MEDICARE, MEDICAID. THE PROGRAMS OF THE SOCIAL SAFETY NET. PHONE CALL I HAD JUST A FEW MOMENTS AGO FROM A CONSTITUENT IN MY DISTRICT. SAYING, YOU'VE GOT TO UNDERSTAND THAT MORE AND MORE OF YOUR CONSTITUENTS ARE GETTING ELDERLY AND THEY'RE GETTING ALZHEIMER'S AND THEY NEED CARE. AND THEIR HUSBAND OR THEIR WIFE NEEDS RESPITE CARE. WHAT ABOUT THE PROGRAMS FOR THAT? AND I HAD TO ANSWER, IT DOESN'T LOOK GOOD. BECAUSE WE KNOW WHAT THE SPEAKER SAID HE WANTED WHEN HE WAS CHAIRMAN OF THE BUDGET COMMITTEE, AND UNLESS HE'S HAD AN EPIPHANY, HE'S LIKELY TO WANT IT AGAIN. IN FACT, I BELIEVE HE'S ALREADY SAID THEY'RE LOOKING AT CUTTING MEDICARE, MEDICAID. SO WHAT DOES THAT MEAN FOR THE WORKING MEN AND WOMEN WHO ARE TAKING CARE OF THEIR PATIENT -- PARENTS? IT MEANS THERE ARE TOUGH TIMES OUT AHEAD. IT MEANS THAT THE PROPOSED DISCUSSION ABOUT THE REDUCTION IN MEDICAID IS $1,400,000,000,000 OVER THE NEXT DECADE. IT MEANS THAT FOR MEDICARE, $500 BILLION CUT FOR MEDICARE. SO, IF YOU'RE A SENIOR, YOU SHOULD WORRY. IF YOU'RE AMONG THE WORKING MEN AND WOMEN OF AMERICA WHOSE FATHER OR MOTHER IS NOW A SENIOR, YOU SHOULD WORRY. THE MOST EXPENSIVE ILLNESS NOW AND IN THE FUTURE IS ALZHEIMER'S. SO WHAT OF ALZHEIMER'S RESEARCH? WELL, IT'S GOING TO GET REDUCED. OH, AND THAT CORPORATE TAX CUT FOR FISA, YOU REMEMBER HOW HAPPY THEY WERE TO HAVE THE EXTRA $12 BILLION? THEY'RE GOING TO SPEND IT ON ALZHEIMER'S RESEARCH. NO. THEY'RE NOT. -- RESEARCH? NO. THEY'RE NOT. THEY STOPPED THEIR ALZHEIMER'S RESEARCH. INSTEAD, GUESS WHAT THEY'RE GOING TO DO WITH THE MONEY THAT THEY WERE INVESTING IN ALZHEIMER'S RESEARCH. THEY'RE GOING TO USE IT, TOGETHER WITH THEIR TAX CUT MONEY, TO BUY BACK THEIR STOCK. WHICH HAS THE MARVELOUS RESULT OF INCREASING THE VALUE OF THEIR STOCK, BECAUSE THERE ARE FEWER SHARES OUT THERE. BRILLIANT FOR THE MANAGERS. FOR THE CORPORATE OFFICERS. BECAUSE THEIR PAY IS BASED ON THE STOCK PRICE. WHAT A MARVELOUS WAY TO USE THE TAX CUT. AND RESEARCH ON THE MOST EXPENSIVE ILLNESS IN AMERICA. ALZHEIMER'S. ANDDY MENGIA. AND INSTEAD USE -- AND DEMENTIA. AND INSTEAD USE THAT MONEY TO BUY BACK STOCK. SO YOU CAN INCREASE YOUR PAY AS THE CORPORATE PRESIDENT. NOW, THERE'S A GOOD AMERICAN CAPITALISTIC IDEA. THAT'S WHERE WE ARE. AND SO TODAY, TODAY WE HAD A HEARING ON INFRASTRUCTURE IN THE TRANSPORTATION-INFRASTRUCTURE COMMITTEE. GREAT. GREAT OPPORTUNITY TO UNDERSTAND THE PRESIDENT'S INFRASTRUCTURE PLAN. WELL, IT'S BIG, IT'S BEAUTIFUL. HE SAYS. AND IT'S GOING TO PROVIDE A GAZILLION JOBS. WELL, WE TOOK A LOOK AT IT AND WE GO, WHERE'S THE BEEF? WHERE'S THE MONEY? $200 BILLION OVER A 10-YEAR PERIOD, $20 BILLION A YEAR, SAID TO BE NEW MONEY. AND THEN YOU LOOK AT THE PRESIDENT'S BUDGET PROPOSAL AND YOU TEE IT UP WITH THE INFRASTRUCTURE PROPOSAL AND YOU GO, WELL, WAIT A MINUTE. WHAT KIND OF SHELL GAME ARE YOU PLAYING HERE? YOUR BUDGET REMOVES OVER $200 BILLION FROM INFRASTRUCTURE, AND YOU COME OVER HERE ON YOUR INFRASTRUCTURE PLAN AND YOU SAY YOU HAVE $200 BILLION OF NEW MONEY. NO, YOU DON'T. YOU REALLY DON'T HAVE $200 BILLION OF NEW MONEY. YOU HAVE $200 BILLION OF REPURPOSED MONEY IN PROGRAMS THAT ACTUALLY DEVOLVE THE NATION'S INFRASTRUCTURE BACK TO THE STATES AND THE COUNTIES. SO THAT WE WILL HAVE A DISCONNECT BETWEEN AN INTERSTATE IN ONE STATE AND AN INTERSTATE IN ANOTHER STATE, THAT CONNECT AT THE STATE LINES. AND ONE IS REPAIRED AND THE OTHER IS NOT. . SO INFRASTRUCTURE, TRANSPORTATION IS A NATIONAL NETWORK BUT IN THIS CASE WHAT HAPPENS IS THAT THE STATES ARE SAID TO BE GIVEN THE RESPONSIBILITY AND THE FEDERAL GOVERNMENT WILL SIMPLY PICK AND CHOOSE AMONG THOSE PROGRAMS THAT THE ADMINISTRATION HAPPENS TO LIKE. NOW, SURE, IT'S NOW TO HAVE AN EXTRA $50 BILLION FOR RURAL INFRASTRUCTURE. THAT WOULD BE GREAT. BUT WHAT IS THE DEFINITION OF RURAL? IT'S 50,000 PEOPLE. EXCUSE ME. 55,000 PEOPLE. AND HOW MUCH TERRITORY? AN ENTIRE STATE? WELL, THERE'S NO STATE THAT'S RURAL THEN. IN A COUNTY? IN A MULTITUDE OF COUNTIES? IN A METROPOLITAN STATISTICAL AREA? WE DON'T KNOW. BUT I WILL TELL YOU I DO HAVE A RURAL AREA. I'VE GOT TWO CITIES, YUBA CITY, MERRISVILLE. RURAL IS 10 MILES DOWN THE ROAD. SO WHERE IS THE LINE AROUND WHERE IS THIS RURAL AREA? I'M CONCERNED, PARTICULARLY CONCERNED BECAUSE THE FEDERAL GOVERNMENT WILL MAINTAIN CONTROL OF THAT MONEY. DOESN'T GO OUT BY FORMULA, AT LEAST AS WE NOW LOOK AT THE LANGUAGE. SO IT'S A GREAT AND GLORIOUS, A WONDERFUL, SPECTACULAR INFRASTRUCTURE PLAN. OH, INCIDENTALLY, THERE'S A SMALL PROBLEM FOR CITIES AND COUNTIES. PRESENTLY, IF THE FEDERAL GOVERNMENT IS INVOLVED IN A LEVEE PROJECT TO PREVENT FLOOD, HIGHWAY PROJECT, ONE OF THE FEDERALLY DESIGNATED HIGHWAYS OR AN AIRPORT, THE FEDERAL GOVERNMENT WILL USUALLY COME UP BETWEEN SOMEWHERE OF 70% AND 80% OF THE MONEY. ALL WELL. IN THE PRESIDENT'S PROPOSAL -- WELL, LET'S SEE. 70%, 80% FEDERAL. ANOTHER 30% TO 20% LOCAL MONEY. IN THE PRESIDENT'S PROPOSAL THAT FLIPS. THE STATE AND LOCAL GOVERNMENT COMES UP WITH 70% TO 80%, AND THE FEDERAL GOVERNMENT COMES UP WITH 30% TO -- 20% TO 30%. SO THE ROLE OF THE FEDERAL GOVERNMENT IS DIMINISHED, BECOMES THE MINOR PARTNER, AND THE STATE OR LOCAL COMMUNITY BECOME THE MAJOR PARTNER. I HAD A MEETING TODAY WITH HAMILTON CITY, A COMMUNITY OF ABOUT 1,600 PEOPLE RIGHT ON THE SACRAMENTO RIVER WITH A LEVEE THAT'S MAYBE GOOD FOR A 10-YEAR HIGH WATER BUT NOT FOR ANY EXTENDED AMOUNT OF FLOOD BEYOND WHAT NORMALLY OCCURS. THEY HAVE BEEN TRYING FOR 30 YEARS TO RAISE THE MONEY LOCALLY TO MATCH THE 80% FEDERAL. THEY DID IT. ARE THEY GOING TO BE ABLE GOING INTO THE FUTURE TO COMPLETE THAT FLOOD PROJECT IF THIS PROGRAM GOES INTO EFFECT AND THEY GOT TO COME UP WITH 80% OF THE MONEY? WON'T HAPPEN. I WOULD DARE SAY ALL ACROSS THIS COUNTRY WITH THE EXCEPTION OF HOUSTON, TEXAS, THAT NO COMMUNITY IS GOING TO BE ABLE TO COME UP WITH 70%, 80% OF THE MONEY FOR A FLOOD CONTROL PROJECT. THIS IS A ROLE THAT HAS TRADITIONALLY BEEN THE ARMY CORPS OF ENGINEERS AND THE FEDERAL GOVERNMENT. BUT, NO. THE ADMINISTRATION FLIPS IT OVER SO NOW THE GREAT BURDEN LIES WITH THE LOCAL GOVERNMENT. WELL, THAT'S FINE, YOU SAY. I THINK NOT. ALL ACROSS THIS COUNTRY, SMALL COMMUNITIES, RURAL COMMUNITIES AND EVEN URBAN COMMUNITIES DO NOT HAVE THE RESOURCES. SO HERE WE ARE. HERE WE ARE IN A SITUATION WHERE WE'VE HAD A MASSIVE TAX CUT THAT BENEFITS THE SUPERWEALTHY AND AMERICAN CORPORATIONS, THE AMERICAN CORPORATIONS CLEARLY INDICATING, NOT FROM ME. GO LOOK AT THE WALL STREET FOLKS THAT HAVE DONE THE ANALYSIS. CLEARLY INDICATING THAT THAT TAX REDUCTION, WHICH IS NOW IN THE POCKETS OF THE CORPORATIONS, IS NOT BEING USED FOR HIGHER WAGES, NOT BEING USED FOR PLANT AND EQUIPMENT AND NEW JOBS ABOVE THE 16%. THE REST OF THE MONEY IS USED FOR ACQUISITIONS AND BUYING BACK STOCK. SO MUCH FOR TRICKLE DOWN. AND, OF COURSE, THE SUPERWEALTHY, HOW MUCH CAN YOU POSSIBLY SPEND? HOW MUCH CAN YOU POSSIBLY SPEND ON YOUR MCMANSION? HOW MUCH CAN YOU POSSIBLY SPEND ON A FLEET OF MERCEDES? THE BOTTOM LINE, WHEN IT COMES TO INFRASTRUCTURE, THERE IS NO MONEY. IT'S GONE. IT DISAPPEARED WITH THE TAX CUT. THINK ABOUT WHAT COULD HAVE BEEN DONE IF THAT TAX BILL ACTUALLY HAD HEARINGS IN WHICH THE DEMOCRATS COULD HAVE PUT FORTH PROPOSALS THAT WE HAVE INTRODUCED IN BILLS, PROPOSALS TO REPATRIATE THE OFF-SHORE EARNINGS OF CORPORATIONS WITH A LOWER TAX AND THEN USE THAT MONEY FOR INFRASTRUCTURE. WE WOULD HAVE REAL DOLLARS FOR AN INFRASTRUCTURE PROGRAM TO THE TUNE OF MAYBE $50 BILLION TO $100 BILLION OVER A PERIOD OF TIME. BUT, NO, NO HEARINGS, NO AMENDMENTS FROM DEMOCRATS. NO. NOT AT ALL. WE COULD HAVE USED THAT TAX BILL TO CREATE INFRASTRUCTURE BANKS SO THERE WOULD BE A FINANCING MECHANISM FOR THOSE SMALL COMMUNITIES AROUND THE NATION THAT NEEDED TO BUILD A ROAD, NEEDED TO BUILD A LEVEE, NEEDED TO BUILD A BROADBAND INFRASTRUCTURE FOR THEIR COMMUNITY BUT, NO, THAT DIDN'T HAPPEN EITHER. NOT ONE HEARING. NOT ONE DEMOCRATIC AMENDMENT TO THAT TAX BILL, AND, THEREFORE, WE GO INTO THE GREAT INFRASTRUCTURE PROGRAM WHERE WE REALLY NEED TO DO SOME THINGS. WHAT DO WE NEED TO DO? WELL, LET ME FIND THE RIGHT PLACARD. SOME OF YOU MAY HAVE NOTICED JUST 12 MONTHS -- 13 MONTHS AGO THE MANMADE CREATION OF THE BIG ESTUARYFALL IN THE WORLD. ORAVILLE DAM -- BIGGEST WATERFALL IN THE WORLD. ORAVILLE DAM. 200,000 OF MY CONSTITUENTS HAD TO EVACUATE WITHIN HOURS BECAUSE THAT SPILLWAY, THE EMERGENCY SPILLWAY NEXT TO IT, WAS BEING OVERTOPPED BY THE RIVER AND ERODED AT THE BASE AND A 30-FOOT WALL OF WATER ALMOST DESCENDED UPON THOSE 200,000 PEOPLE. THE NUMBER OF DEATHS, UNKNOWN, BUT IT WOULD HAVE BEEN IN THE THOUSANDS BECAUSE THEY COULDN'T GET OUT OF TOWN FAST ENOUGH. THANKFULLY THE RAIN STOPPED AND THE RESERVOIR RECEDED. HAD IT NOT, HAD IT CONTINUED AND THE WATER CONTINUED TO SPILL OVER THE EMERGENCY SPILLWAY HERE, UNMITIGATED DISASTER. WHY DID THIS FAIL? THIS FAILED FOR LACK OF REPAIR, FOR A LACK OF MAINTENANCE. JUST ONE EXAMPLE OF THE THOUSANDS OF DAMS IN AMERICA THAT COULD FAIL. WE SAW THIS POTENTIAL FAILURE IN PUERTO RICO WITH ONE OF THE MAJOR RESERVOIRS THERE. FORTUNATELY A THIRD HURRICANE DIDN'T OCCUR. OR MAYBE YOU'RE INTERESTED IN BRIDGES. THIS ISN'T A BRIDGE TO NOWHERE. THIS HAPPENS TO BE ONE OF THE MAIN BRIDGES ON INTERSTATE 5, INTERSTATE HIGHWAY SYSTEM THAT GOES FROM VANCOUVER, BRITISH COLUMBIA, TO TIJUANA, MEXICO. IT'S THE MAJOR TRADE ROUTE ON THE WEST COAST. THIS IS ABOUT SEVEN YEARS AGO. THE BRIDGE FELL DOWN. I COULD PUT A BRIDGE UP HERE SHOWING ANOTHER BRIDGE THAT FAILED ON THE MISSISSIPPI RIVER IN THE TWIN CITIES AREA. WE COULD PUT THOUSANDS OF PICTURES UP HERE OF BRIDGES THAT COULD FAIL AND HAVE FAILED. THIS IS AN INFRASTRUCTURE ISSUE. WHERE'S THE MONEY TO REBUILD THIS? WELL, IT'S IN THE HANDS OF THE CORPORATIONS WHO ARE SPENDING IT TO BUY BACK THEIR STOCK, TO INCREASE THE STOCK PRICE SO THE CORPORATE OFFICERS CAN HAVE A HIGHER PAYCHECK. OH, DID I FORGET TO MENTION HOW GENEROUS THEY WERE IN BONUSES? WE'RE TALKING ABOUT ONE-TIME BONUSES HERE. WE'RE NOT TALKING ABOUT INCREASING THE PAYCHECK OVER TIME. WE'RE TALKING ABOUT ONE-TIME BONUSES. OH, I DO LIKE MY SAN FRANCISCO BASE WELLS FARGO BANK WHO SAID WE'RE GOING TO INCREASE THE PAY FOR THE MINIMUM WAGE WORKERS. GOOD FOR YOU. YOU'RE OBEYING THE STATE LAWS THAT REQUIRE MINIMUM WAGE INCREASES. GOOD FOR YOU OBEYING THE LAW. TAKE CREDIT IF YOU WILL. BUT IT'S NOT OUT OF THE GENEROSITY. WHERE'S THE MONEY FOR ALL THIS? IT'S GONE. IT'S GONE. WHAT IF -- WHAT IF WE HAD A CHANCE IN THAT TAX BILL TO TALK ABOUT A PROGRAM THAT DEMOCRATS HAVE BEEN PUTTING FORTH FOR THE LAST YEAR? IT'S A BETTER DEAL. A BETTER DEAL FOR AMERICA. TAX POLICY THAT ACTUALLY PROVIDES BENEFITS TO THE WORKING MEN AND WOMEN OF AMERICA. TO THE FAMILIES THAT ARE ON THE EDGE OF POVERTY. IT ACTUALLY PROVIDES AN INFRASTRUCTURE PROGRAM THAT HAS REAL MONEY, MONEY THAT CAN BE USED TO BUILD THE FOUNDATION FOR ECONOMIC GROWTH, MONEY THAT CAN BE USED FOR EMPLOYING PEOPLE IN HIGH-PAYING CONSTRUCTION JOBS. OH, AND BY THE WAY, IT'S NOT ALL CLEAR, AND THERE ARE THOSE WHO THINK THIS MAY BE IN THE PRESENT INFRASTRUCTURE PLAN, ALL OF THE TALK ABOUT BUY AMERICA, BUILD AMERICA, IT APPEARS THAT LANGUAGE IN THAT INFRASTRUCTURE PLAN WOULD DO AWAY WITH THE BUY AMERICA PROVISIONS IN HIGHWAY INFRASTRUCTURE. WE CAN'T LET THAT HAPPEN, BUT A BETTER DEAL FOR AMERICA WOULD BE TAX POLICY. IT WOULD BE A PROGRAM THAT WOULD PROVIDE THE EDUCATION AND TRAINING FOR THE MEN AND WOMEN THAT NEED -- THAT WE NEED IN OUR MANUFACTURING SECTOR. EVERY SIX MONTHS I DO A MANUFACTURING ADVISORY ORGANIZATION OF MANUFACTURERS, AND EVERY TIME OVER THE LAST EIGHT YEARS WE HAVE MET, THEY CAME BACK WITH THE VERY SAME CONCERN AND THAT CONCERN IS, WE NEED HIGHLY SKILLED WORKERS. HOW DO YOU GET HIGHLY SKILLED WORKERS? YOU TRAIN THEM. YOU PROVIDE THE JOB TRAINING. FOR THOSE THAT HAVE LOST THEIR JOBS, FOR THOSE THAT WANT TO IMPROVE THEMSELVES AND IN OUR HIGH SCHOOL, WHATEVER HAPPENED TO TECHNICAL TRAINING, VOCATIONAL TRAINING? IT'S CRITICALLY IMPORTANT. THE PROGRAMS THAT ARE OUT THERE, THEY NEED THIS SUPPORT. THE PROGRAMS OF AMERICAN UNIONS WHERE THEY HAVE APPRENTICESHIP TRAINING. SCRITCAL WAY OF BUILDING INTO OUR -- CRITICAL WAY OF BUILDING INTO OUR ECONOMY, HIGHLY SKILLED MEN AND WOMEN THAT EARN A GOOD, SOLID LIVING OF WELDERS, PLUMBERS, TECH -- TECHNICIANS OF ALL KIND. THAT'S WHAT WE WANT. IT TAKES MONEY TO DO THOSE THINGS. SO WHAT ARE WE GOING TO DO? I DON'T KNOW HOW WE'RE GOING TO COME BACK FROM THIS TAX CUT. IT'S NOT GOING TO BE DONE ANYTIME SOON. BUT I KNOW THIS, THAT WE'RE GOING TO BE REALLY, REALLY SHORT OF MONEY. IT'S BEEN ESTIMATED THAT IN THIS CURRENT BUDGET YEAR THE DEFICIT WILL REACH $1 TRILLION, AND I KNOW THAT WE'RE JUST WEEKS AWAY FROM ON THIS FLOOR THE RETURN OF THE DEFICIT HAWKS THAT ARE GOING TO SAY, OH, MY GOODNESS, THE MONEY IS GONE, WE'RE GOING TO HAVE TO MAKE CUTS. WE CAN'T HAVE THESE KINDS OF DEFICITS. I CAN HEAR THEM ALREADY. I HEAR THE VOICES OF THE PAST, AND I HEAR THE VOICES OF THE FUTURE AND I KNOW THEY'RE GOING TO COME BACK AND THEY'RE GOING TO GO AFTER PROGRAMS THAT ARE ABSOLUTELY ESSENTIAL. WE GOT WORK TO DO. WE GOT THINGS WE NEED TO DO IN AMERICA. THE AMERICAN SOCIETY OF CIVIL ENGINEERS POINT OUT WHERE WE NEED WORK. AVIATION. WE GOT A D FOR HOW GOOD OUR AVIATION SYSTEM IS. BRIDGES, C. DAMS, D. DRINKING WATER, D. ANYBODY HERE FROM MICHIGAN? ANYBODY HERE FROM THE CENTRAL VALLEY OF CALIFORNIA? SHALL WE TALK ABOUT WATER SUPPLIES? IT USED TO BE -- I REMEMBER WHEN I WAS IN COLLEGE YOU WOULD NEVER GO OUTSIDE THE UNITED STATES AND DRINK THE WATER FROM THE TAP. NOW YOU DON'T GO TO THE UNITED STATES AND DRINK WATER FROM THE TAP BECAUSE THERE'S A HIGH PROBABILITY THAT IT'S CONTAMINATED. WE'VE SEEN THIS STORY. WE'VE SEEN THIS STORY IN FLINT, MICHIGAN. WE'VE SEEN THIS STORY UP AND DOWN THE CENTRAL VALLEY OF CALIFORNIA. SO WHAT ARE WE SPENDING OUR MONEY ON? NOT ON DRINKING WATER. ON ENERGY SYSTEMS HAZARDOUS WASTE, INLAND WATER WASTE. OH, THIS IS A GOOD ONE. IF YOU'RE ON THE MISSISSIPPI AND THE OHIO RIVER AND YOU ARE RUNNING A FLEET OF BARGES, YOU GOT YOUR TUG BOAT AND YOU HAVE A FLEET OF BARGES, YOU DEPEND UPON THE FEDERAL GOVERNMENT'S LOCK SYSTEM SO YOU CAN TRAVEL UP AND DOWN THE RIVER. IF YOU'RE OUT THERE IN THE MARITIME AND YOU'RE AN INTERNATIONAL SHIPPER AND YOU WANT TO GO INTO ONE OF THE HARBORS ON THE EAST COAST, WHERE'S THE MONEY FOR DREDGING? WELL, IT DISAPPEARED WITH THE TAX CUTS. IT'S NOT THERE. SO IS YOUR SHIP GOING TO RUN AGROUND? NO, YOU WON'T LET THAT HAPPEN. WHAT YOU DO IS YOU GO TO SOME OTHER PORT. . CUBA. WE LOVE TO TALK ABOUT CUBA. THEY'RE BUILDING AN INTERNATIONAL PORT FOR THE PURPOSE OF TAKING THE NEW SHIPS THAT ARE ABLE TO GO THROUGH THE PANAMA CANAL, BRING THEM TO CUBA, OFFLOAD THEM, PUT THEM ON A SMALLER SHIP AND BRING THEM TO AMERICAN HARBORS. THERE'S AN AMERICAN SUCCESS STORY. WE DON'T HAVE THE MONEY TO DREDGE OUR HARBORS BUT WE GOT THE MONEY FOR A NEW MERCEDES FOR THE SUPER WEALTHY. PARKS AND RECREATION, SPORTS. RAIL SYSTEM. RAILS ARE DOING PRETTY GOOD, BUT NOT AMTRAK. THE PRESIDENT'S BUDGET PROPOSES TO CUT AMTRAK. TO BASICALLY DEFUND AMTRAK. YOU WANT TO GO ON THE EAST CORRIDOR HERE? YOU WANT TO GO FROM WASHINGTON TO BOSTON? YOU WANT TO TAKE A PLANE, WE KNOW WE'VE GOT AN AVIATION PROBLEM. WANT TO TAKE THE TRAIN? I GUESS YOU'RE GOING TO HOP A FREIGHT TRAIN. BECAUSE AMTRAK ISN'T GOING TO BE AROUND TO RUN IT. THAT'S THE PRESIDENT'S BUDGET PROPOSAL. SCHOOLS. D-PLUS. SOLID WASTE TRANSIT, WASTEWATER. AMERICAN SOCIETY OF CIVIL ENGINEERS RATE AMERICA IN THE D RANGE. OH, WE SHOULD BE SO PROUD OF THE MOST ADVANCED NATION IN THE WORLD. NO, I THINK NOT. WOULDN'T TAKE PRIDE IN OUR INFRASTRUCTURE. BUT, GENTLEMEN AND LADIES, IT TAKES MONEY. WHERE DID THE MONEY GO? WELL, JUST HAPPENS I LIKE CHARTS. THE TRUMP INFRASTRUCTURE SCAM. CUTS MORE THAN $168 BILLION FROM EXISTING TRANSPORTATION AND INFRASTRUCTURE PROGRAMS. I HAVEN'T TALKED ABOUT THIS ONE. REMEMBER I TOLD YOU ABOUT THE FLIP, 80% FEDERAL, 20% LOCAL FLIPPED TO 20% FEDERAL, 80% LOCAL? UNLESS YOU HAPPEN TO BE A PRIVATE INVESTOR. YOU WANT TO BUY DULLES INTERNATIONAL AIRPORT OR NEIGHBOR REAGAN INTERNATIONAL -- EXCUSE ME, I PROMISE NOT TO DO THAT, WHATEVER THE NAME OF THAT AIRPORT HERE IS. I'LL SAY REAGAN. REAGAN AIRPORT, IT'S UP FOR SALE, ACCORDING TO THE TRUMP ADMINISTRATION. THE FEDERAL GOVERNMENT WILL COME UP WITH 80% OF THE MONEY. NOT A BAD DEAL. SLASHES FEDERAL INVESTMENTS AND PASSES THE BUCK BACK TO THE LOCAL GOVERNMENTS. JUST TALKED ABOUT THAT. WE HAVEN'T TALKED ABOUT THE ENVIRONMENTAL PROGRAMS. ENVIRONMENTAL PROTECTION PROGRAMS THAT ARE SIGNIFICANTLY HARMED, REDUCED, GUTTED IN THE PROPOSAL. SAY IT'S GOING TO SPEED UP PROJECTS. HELLO, ANYBODY AROUND HERE KNOW THAT OVER THE LAST TWO TRANSPORTATION PROGRAMS, CONGRESS WITH DEMOCRAT AND REPUBLICAN SUPPORT SIGNIFICANTLY REDUCED THE TIME FOR AN INFRASTRUCTURE PROGRAM TO BE DONE. IT'S NOT 14 YEARS. THE NEW -- THE LAWS THAT HAVE BEEN IN PLACE FOR THE LAST DECADE, SIGNIFICANTLY REDUCED THE PROCESSING TIME FOR INFRASTRUCTURE PROJECTS IN WHICH THE FEDERAL GOVERNMENT'S INVOLVED IN WITHOUT, WITHOUT HARMING THE VITAL ENVIRONMENTAL PROTECTIONS THAT ARE OUT THERE, CLEAN WATER, CLEAN AIR, ALL OF THOSE THINGS. ANYWAY. I SEE MY REPUBLICAN COLLEAGUES ANXIOUS TO GET UP AND ENGAGE ME IN A DEBATE. IF THEY WANT TO, I COULD YIELD TO THEM, WE COULD DEBATE THE WISDOM OF WHAT HAS HAPPENED HERE. BUT WHAT IS HAPPENING IS THERE'S AN ALTERNATIVE. AN ALTERNATIVE WE PUT FORTH FROM OUR SIDE THAT UNFORTUNATELY WAS NOT CONSIDERED IN THE TAX LEGISLATION. WE'RE GOING TO BE WORKING ON THE INFRASTRUCTURE BILL, I DARE SAY THE PRESIDENT'S INFRASTRUCTURE PROGRAM IS GOING NOWHERE IN CONGRESS, AT LEAST IT SHOULDN'T. WE'RE GOING TO HAVE TO FIND THE MONEY AS BEST WE CAN AND I HAVE AN IDEA. OVER THE NEXT 15 YEARS, WE'RE GOING TO SPEND $1 TRILLION REBUILDING OUR ENTIRE NUCLEAR ARMAMENTS. ALL OF THE DELIVERY SYSTEM, ALL THE BONDS, ALL THE SATELLITES. ALL REBUILT. SO WILL RUSSIA SO WILL CHINA AND WE'RE IN THE MIDST OF A NUCLEAR ARMS RACE. WELL INTO THE SECOND QUARTER. OF A NEW NUCLEAR ARMS RACE. EXCEEDINGLY EXPENSIVE, EXCEEDINGLY DANGEROUS. BECAUSE THE DELIVERY SYSTEMS ARE STEALTHY, DESIGNED NOT TO BE OBSERVED. THAT'S A PROBLEM. BECAUSE THAT INCREASES THE RISK. SO MAYBE WE CAN USE SOME OF THAT MONEY TO BUILD THE INFRASTRUCTURE, TO EDUCATE OUR KIDS, TO PROVIDE FOR SENIORS WHO HAVE ALZHEIMER'S, CARE FOR THE CARE GIVERS THAT ARE TAKING CARE OF THEIR PARENTS. TO BUILD AN INFRASTRUCTURE PROGRAM THAT REALLY GIVES AMERICA A SOLID FOUNDATION FOR ECONOMIC GROWTH. ONE IN WHICH THE RESEARCH FACILITIES ARE THE MOST MODERN AND IN WHICH THE MOST ADVANTAGEOUS RESEARCH IS CONDUCTED. MAYBE WE CAN FIND AMONGST OUR CHOICES HERE MONEY TO BUILD A HIGHWAY SYSTEM THAT IS WORTHY OF THIS NATION. ONE IN WHICH THERE'S NOT POTHOLES EVERY 100 YARDS. ONE IN WHICH BRIDGES DON'T COLLAPSE. THAT WE CAN BUILD WATER SYSTEMS IN WHICH YOU CAN TAKE TAP WATER FROM EVERY FOUNTAIN IN THIS NATION AND DRINK IT. WITHOUT A CONCERN ABOUT CONTAMINATION OF LEAD OR SOMETHING ELSE. WE COULD DO THAT. WE CAN MAKE SOME CHOICES. WE CAN GO BACK AND REVISIT THE TAX SCAM IN WHICH THERE ARE SPECIFIC INDUCEMENT FOR OFFSHORING AMERICAN JOBS. MAYBE WE CAN DO THAT. MAYBE WE CAN LOOK AT SOME OF THE MILITARY SPENDING AND SAY, WHY DOES IT COST A BILLION DOLLARS TO LAUNCH A SATELLITE WITH ONE SYSTEM AND $90 MILLION WITH ANOTHER SYSTEM TO DO THE SAME THING? THERE ARE THINGS WE CAN DO. MOST OF ALL, IT'S TIME FOR A BETTER DEAL FOR AMERICA. A BETTER DEAL FOR THE WORKING MEN AND WOMEN. A BETTER DEAL FOR THE ELDERLY. A BETTER DEAL FOR THE CHILDREN. THAT'S WHAT WE NEED TO DO. AND SO WITH THAT, MR. SPEAKER, I YIELD BACK.

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                                            • 05:07:21 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. UNDER THE SPEAKER'S ANNOUNCED SPOIFL JANUARY 3,…

                                              THE GENTLEMAN YIELDS BACK. UNDER THE SPEAKER'S ANNOUNCED SPOIFL JANUARY 3, 2017, THE GENTLEMAN FROM MICHIGAN, MR. MITCHELL IS RECOGNIZED FOR 60 MINUTES AS THE DESIGNEE OF THE MAJORITY LEADER.

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                                            • 05:07:34 PM

                                              MR. MITCHELL

                                              BEFORE I BEGIN, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

                                              BEFORE I BEGIN, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS IN WHICH TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIALS ON THE TOPIC OF MY SPECIAL ORDER.

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                                            • 05:07:45 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION.

                                            • 05:07:48 PM

                                              MR. MITCHELL

                                              THIS IS THE SECOND WEEK OF THE TAX TRUTH SQUAD EFFORT TO SHARE THE FACTS,…

                                              THIS IS THE SECOND WEEK OF THE TAX TRUTH SQUAD EFFORT TO SHARE THE FACTS, THE REAL FACTS ABOUT THE TAX CUTS AND JOBS ACT AND THE IMPACT IT'S HAD ON THE AMERICAN ECONOMY AND THE AMERICAN PEOPLE. I'M PLEASED TO BE HERE WITH MY FELLOW COLLEAGUES REPRESENTING MICHIGAN AND ILLINOIS. THESE TWO STATES INCLUDE DIVERSE INDUSTRIES AND DIVERSE PEOPLE FROM FARMERS TO BANKERS TO MANUFACTURERS. I AM HUMBLED TO REPRESENT THE HARDWORKING PEOPLE OF THE 10TH CONGRESSIONAL DISTRICT AND THE MIDWEST. THIS IS EXACTLY WHAT THE TAX CUTS AND JOBS ACT HAS DONE, HELPED OUR STILTS WORK EVERY DAY SUPPORTING THEIR FAMILY AND HELPED THE LOCAL ECONOMY. MY COLLEAGUE BEFORE ME PROCEEDED TO SPEAK ABOUT WE SHOULD PAY ATTENTION TO THE NEEDS OF THOSE CLOSE TO AND LIVING IN POVERTY. I WISH HE'D STAYED, I GREW UP IN POVERTY. LIKE MANY IN MICHIGAN I GREW UP IN A LARGE FAMILY, SIX BROTHERS AND SISTERS. MY DAD WORKED FULL-TIME AT A FACTORY, MY MOM OFTEN WORKED A JOB TO MAKE ENDS MEET. THAT'S WHY I SUPPORT POLITIES -- POLICIES THAT PROVIDE ECONOMIC GROWTH AND TUNS FOR A FAMILY LIKE THE ONE IN WHICH I GREW UP. I WAS BUTT A YOUNG PUP IN 1986, THE LAST TIME THE TAX CODE WAS MODERNIZED SINCE THEN IT'S GRUN TO 74,000 PAGES OF RULES AND REGULATIONS THAT ONLY CONFUSE PEOPLE. YOU'D NEED TO BE A WIZARD TO UNDERSTAND THE TAX CODE AS IT STOOD AT THE END OF THE YEAR. THAT'S WHY I PROMISED MY CONSTITUENTS THAT WHEN I RAN FOR OFFICE I WOULD WORK HARD TO ACHIEVE MEANINGFUL TAX CUTS AND REFORMS FOR THE AMERICAN PEOPLE. I BELIEVE AMERICANS CAN AND SHOULD MAKE INDEPENDENT DECISIONS ABOUT THE USE OF THEIR OWN MONEY, THE MONEY THEY WORKED FOR, NOT THE GOVERNMENT. THE GOVERNMENT SHOULDN'T COME FIRST. THE TAX CUTS AND JOBS ACT ALLOW HARDWORKING INDIVIDUALS TO DO JUST THAT. ACROSS THE NATION AND BACK HOME, WE HAVE ALREADY SEEN THE DIRECT IMPACT OF THE TAX CUT AND JOBS ACT. MORE THAN 400 COMPANIES HAVE ALREADY ANNOUNCED PAY RAISES, BONUSES, INCREASED 40 -- 401 D K BENEFITS AND LOWERED RATES. DIRECT BONUS ANNOUNCE PTS REACHED OVER $3 BILLION ACROSS THE NATION. $3 BILLION. COMPANIES IN MICHIGAN HAVE ALREADY COMMITTED MORE THAN $180 MILLION IN BONUSES TO EMPLOYEES. A COUPLE OF EXAMPLES, FIAT-CHRYSLER, ONE OF THE STATE'S LARGEST EMPLOYERS, IS REINVESTING ITS TAX SAVINGS TO OUR EMPLOYERS AND THE COMMUNITY. IN ADDITION TO GIVING A $200 BONUS TO EMPLOYEES, IN ADDITION TO PROFIT SHARING AS PART OF THEIR CONTRACT, THEY ANNOUNCED THEY'LL MOVE HEAVY DUTY RAM TRUCK CONSTRUCTION FROM MEXICO TO MICHIGAN, AN INVESTMENT THAT WILL CREATE 125 JOBS. LAKESTONE BANK A SMALL COMMUNITY BANK, GAVE ALL HOURLY EMPLOYEES A $1 AN HOUR RAISE. SOME CONSIDER THAT CRUMB BUS WHERE I GREW UP, $1 AN HOUR MORE IS REAL MONEY. THEY GAVE THEM ALL A BONUS SAYING THEY'RE APPRECIATIVE OF ALL LAKESTEN BANK AND TRUST EMPLOYEES AND WHAT THEY'VE ACCOMPLISHED OVER THE YEARS. S THAT ONCE IN A LIFETIME OPPORTUNITY AND WE KNOW WE WANT TO REINVEST MUCH OF THE SAVINGS FROM THE TAX BILL IN OUR BANK AND THE FIRST PLACE WE'RE GOING TO PUT IT IS IN THE HANDS OF OUR EMPLOYEES. EMPLOYEES ARE OUR MOST IMPORTANT ASSET. STORIES LIKE THIS ARE NOT UNIQUE FROM C.V.S. TO WHICH I POET LEE, AT&T TO WELLS FAR GE. THEY'RE REINVESTING IN HARDWORKING MES THROUGHOUT THE COUNTRY. THIS IS THE SECOND WEEK OF THE TAX REFRM TRUTH SQUAD, WE'RE CALLING IT, INITIATIVE WHERE MEMBERS FROM STATES ACROSS THE NATION ARE INVITED TO TELL THEIR STORIES ABOUT THE BENEFITS OF TAX REFORM. THERE ARE COUNTLESS STORIES THAT THEY'RE ANXIOUS TO EXPRESS. AT THIS POINT IN TIME I'D LIKE TO RECOGNIZE ONE OF THOSE MEMBERS. I WOULD LIKE TO INTRODUCE TO ALL OF YOU, MY COLLEAGUE, SERVING ON THE ENERGY AND COMMERCE COMMITTEE A DEFENDER OF THE STRONGER ECONOMY AND GOOD FRIEND, REPRESENTING THE SEVENTH CONGRESSIONAL DISTRICT, I YIELD TWO CONGRESSMAN TIM WALBERG.

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                                            • 05:12:03 PM

                                              MR. WALBERG

                                              I THANK THE GENTLEMAN. I APPRECIATE THE OPPORTUNITY TO TALK ABOUT THE…

                                              I THANK THE GENTLEMAN. I APPRECIATE THE OPPORTUNITY TO TALK ABOUT THE TRUTH. WE HEARD SO MUCH DISMISSAL OF THE TAX CUT PLAN BEFORE WE PASSED IT. NOW THAT WE PASSED IT, NOT ONLY DID WE READ IT BEFOREHAND BUT REREADING IT AGAIN WE'RE SEING THE TRUTH IS WORKING OUT. YOU KNOW, AS I TRAVEL AROUND, MR. SPEAKER, THE SEVENTH DISTRICT OF MICHIGAN, OPTIMISM ABOUT THE NEW TAX CUTS IS HARD TO MISS. I HAVE PEOPLE COMING UP TO ME AT THE GROCERY STORE, AT GAS STATIONS, EVEN IN CHURCH, SAYING YOU KNOW, CONGRESSMAN, WE HEARD A LOT OF REPORTS THAT THIS WASN'T FOR MIDDLE CLASS PEOPLE BUT I SAW MY PAYCHECK. IN FEBRUARY. AND IT'S TRUE. I GOT A RAISE. BECAUSE THE GOVERNMENT IS TAKING LESS OUT OF IT. AYE HEARD FROM A NUMBER OF WORKERS EXCITED ABOUT THEIR BONUSES AND PAY RAISES. AND FOR BUSINESSES THAT ARE LOOKING TO EXPAND THEIR OPERATIONS. JUST LAST WEEK, I TOURED LOEW'S HOME CENT FOR THE ATREIAN, MICHIGAN, TO VISIT WITH THEIR TEAM. BECAUSE OF THE NEW TAX LAW, THEIR EMPLOYEES ARE RECEIVING $1,000 BONUSES AND EXPANDED MATERNITY AND PARENTAL LEAVE. I TOURED SYNTEST LANSING OPERATIONS, THE TAX CUT AFFORDED THEIR EMPLOYEES $1,000 BONUSES AND THEY REPORTED THEY JUMPED NOW ON A PLAN THEY WERE HOLDING OFF BUT NOW THEY'RE GOING TO BUILD A $17 MILLION FACILITY TO ADD ON TO TO THEIR OPERATIONS. WE ALREADY HEARD ABOUT FIAT-CHRYSLER GIVING OUT $2,000 BONUSES TO ALL THEIR WORKERS. THEY'RE ALSO MOVING PRODUCTION OF THE RAM HEAVY DUTY TRUCK PLANT BACK FROM MEXICO TO MICHIGAN. I WANTED TO REITERATE THAT, THAT'S COMING HOME AND CREATING 2,500 NEW GOOD-PAYING JOBS. WE'VE ALSO SEEN ANNOUNCEMENTS FROM D.T.E. AND CONSUMERS ENERGY, UTILITIES IN MICHIGAN AND IN OTHER STATES THAT THEIR CUSTOMERS CAN EXPECT TO SEE LOWER UTILITY BILLS THANKS TO THE TAX CUTS. IN FACT, THEY SUBMITTED A REQUEST TO THE P.S.C. FOR ALMOST $400 MILLION IN RATE REDUCTIONS. THAT'S REAL MONEY. AS VICE PRESIDENT PENCE SAID LAST WEEK WHEN WE WELCOMED HIM TO THE MOTOR CITY, TAX REFORM IS WORKING FOR MICHIGAN. HERE'S EVEN MORE GOOD NEWS. THE BENEFITS ARE JUST BEGINNING TO KICK IN. THIS TAX SEASON IS THE LAST TIME TAXPAYERS WILL HAVE TO FILE UNDER THE OLD BROKEN TAX CODE. UNDER THE UPDATED CODE, INDIVIDUALS AND FAMILIES HAD EVERY -- AT EVERY INCOME LEVEL WILL SEE TAX RELIEF. THE STANDARD DEDUCTION IS NEARLY DOUBLED TO PROTECT MORE OF PEOPLE'S HARD-EARNED INCOME FROM TAXATION. THE CHILD TAX CREDIT IS EXPANDED FROM $1,000 TO $2,000 TO HELP WITH THE COST OF RAISING KIDS. WITH THESE NEW REFORMS, THE TYPICAL MIDDLE INCOME FAMILY OF FOUR WILL RECEIVE A TAX CUT OF MORE THAN $2,000. ON TOP OF THAT, THE LAW WILL HELP SMALL BUSINESSES THRIVE, BOOST JOB CREATION, HERE AND AT HOME AND MAKE OUR ECONOMY STRONGER AND MORE COMPETITIVE LIKE IT OUGHT TO BE IN THE UNITED STATES. AND IN MICHIGAN. IT MEEVENS BIGGER PAYCHECKS AND MORE MONEY IN THEIR POCKETS, NOT THE FEDERAL GOVERNMENT'S POCKETS. THAT'S WHERE IT PLONGS. MR. SPEAKER, I APPRECIATE THE OPPORTUNITY AT ANY TIME TO PUT FORTH TRUTH BUT MORE IMPORTANTLY TRUTH THAT'S OPTIMISTIC, THAT BUILDS ON OUR PEOPLE THAT BUILDS ON LETTING THEM DO FOR THEMSELVES WITH THE RESOURCES THEY'VE EARNED. AND I EXPRESS I APPRECIATE MY COLLEAGUE FOR HOLDING THIS TRUTH SQUAD TONIGHT BECAUSE PEOPLE NEED MORE OF THAT. THEY NEED MORE OPTIMISM THAT COMES FROM TRUTH THAT IMPACTS THEM IN A GROWING AND POSITIVE WAY AND GLAD TO BE PART OF IT. I YIELD BACK.

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                                            • 05:16:17 PM

                                              >>

                                              THANK YOU, MR. WALBERG. I SERVED WITH MR. WALBERG IN THE EDUCATION AND…

                                              THANK YOU, MR. WALBERG. I SERVED WITH MR. WALBERG IN THE EDUCATION AND WORK FORCE COMMITTEE WHICH HE IS A SUBCOMMITTEE CHAIR SO I THANK YOU FOR THE TIME TO JOINING US. I WANT TO SHARE WITH EVERYONE TONIGHT, AS WE MOVE FORWARD, WITH THE CHANGING OF THE STANDARD DEDUCTION, NEARLY DOUBLING OF THE STANDARD DEDUCTION, 90% OF TAXPAYERS WILL BE ABLE TO FILE THEIR TAXES LIKE THIS RATHER THAN THE PILE OF PAPERWORK THEY DEALT WITH FOR YEARS.

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                                            • 05:16:48 PM

                                              MR. MITCHELL

                                              MOST WILL FILE THEIR WAGE AND COMPENSATION INCOME AND USE THE STANDARD…

                                              MOST WILL FILE THEIR WAGE AND COMPENSATION INCOME AND USE THE STANDARD DEDUCTION. IT WILL BE DONE EXCEPT FOR A FEW OTHER TAX CUTS WE'LL TALK ABOUT. FAMILY CHILD CREDIT, WE'LL TALK ABOUT THAT. BUT MOST AMERICANS CAN FILE LIKE THIS. THAT'S ONE OF THE THINGS WE WANTED TO ACHIEVE. ONE OF THE GREATEST ACHIEVEMENTS. NEXT, I'D LIKE TO RECOGNIZE THE FORMER CHAIRMAN OF THE ENERGY AND COMMERCE COMMITTEE, ANOTHER COLLEAGUE FROM MICHIGAN, SENIOR MEMBER OF OUR DELEGATION -- EXPERIENCE IN ONLY, NOT AGE -- WITH DECADES OF EXPERIENCE IN CONGRESS FOCUSING ON JOB CREATION AND ECONOMIC OPPORTUNITY FOR OUR STATE AND FOR OUR NATION, REPRESENTING MICHIGAN'S SIXTH CONGRESSIONAL DISTRICT, I YIELD TO CONGRESSMAN FRED UPTON.

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                                            • 05:17:33 PM

                                              MR. UPTON

                                              I THANK THE GENTLEMAN. I THANK THE GENTLEMAN, MY GOOD FRIEND, FOR HOSTING…

                                              I THANK THE GENTLEMAN. I THANK THE GENTLEMAN, MY GOOD FRIEND, FOR HOSTING THIS HOUR TONIGHT AND I LOOK FORWARD TO THE COMMENTS BY ALL MY COLLEAGUES FROM MICHIGAN AND ILLINOIS. LET ME JUST START OFF BY SAYING A COUPLE OF THINGS. I HAD A GREAT NINTH GRADE CIVICS TEACHER. WE LEARNED HOW THE GOVERNMENT WORKED. YOU PASS A BILL IN THE HOUSE, YOU PASS A BILL IN THE SENATE, I LEARNED LATER ON THE HOUSE BILL IS ALWAYS BETTER THAN THE SENATE. IN THIS CASE, JOHN SHIMKUS AND I -- AND HE'S GOING TO BE A SPEAKER FROM ILLINOIS A LITTLE BIT LATER ON YET THIS EVENING -- JOHN SHIMKUS AND I WERE TWO CONFEREES ON THIS BILL. I GOT TO SAY AS WE DEBATED THIS BILL, THERE WERE SOME ELEMENTS THAT WERE NOT SO GOOD. BUT AT THE END OF THE DAY AS THIS BILL MESHED TOGETHER, WE TOOK THE BEST ELEMENTS OF BOTH THE HOUSE AND THE SENATE BILL AND WE GOT A BILL THAT THE PRESIDENT WAS ABLE TO SIGN. I CAN REMEMBER BEING TRASHED LEFT AND RIGHT BACK IN NOVEMBER AND DECEMBER ABOUT WHAT THIS BILL WAS GOING TO DO OR NOT GOING TO DO. WASN'T GOING TO PROVIDE REAL TAX RELIEF TO THE WORKING CLASS. COMPANIES WEREN'T REALLY GOING TO GIVE BONUSES. THIS IS ALL GOING TO BE BOGUS ARGUMENTS. BUT NOW AT THE END OF THE DAY, TWO MONTHS-PLUS SINCE THE BILL WAS SIGNED AND BECAME ENACTED, MY CONSTITUENTS ARE FINDING OUT GOOD THINGS ABOUT THE BILL. YES, THEY'RE GETTING REAL TAKE-HOME PAY INCREASES FROM THE JOBS THAT THEY DO. YES, THEY'RE GETTING BONUSES. I WAS AT A SMALL LITTLE ALMOST FARMERS MARKET, MULTIGENERATIONAL MARKET JUST NORTH OF NOTRE DAME. SHELTON'S. THEY HAVE 83 EMPLOYEES. THE OWNERS GAVE EVERY EMPLOYEE THERE A BONUS. I TALKED TO ONE OF THEM WHO LITERALLY STOCKS THE SHELVES. HE GOT $600. HE SAID, YOU KNOW, MR. UPTON -- I SAID, CALL ME FRED. HE SAID, THIS WASN'T JUST CRUMBS. THIS MADE A REAL DIFFERENCE. WHAT ARE YOU GOING TO DO WITH THAT $600? HE SAID, YOU KNOW, MY WIFE HAS CANCER AND I BOUGHT HER A NEW DRESS. HE WAS SO EXCITED THAT THAT INCREASE IN THE TAKE-HOME PAY WAS GOING TO DO SOME REAL BENEFIT FOR HE AND HIS FAMILY. I WAS AT A GROUNDBREAKING AT PFIZER, MY LARGEST EMPLOYER. NOT ONLY WILL THEY INVEST $6 BILLION -- THAT'S B AS IN BIG -- $6 BILLION IN NEW FACILITIES HERE IN NORTH AMERICA, THEY'RE ALSO GIVING THE -- THEY ALSO ANNOUNCED THEY'RE GOING TO GIVE $100 MILLION IN BONUSES FOR ALL OF THEIR NONEXECUTIVE EMPLOYEES. THAT'S REAL MONEY, AND THAT'S THANKS TO TAX REFORM. MR. WALBERG TALKED A LITTLE BIT ABOUT SOME OF THE UTILITIES IN MICHIGAN. I WAS WITH A LITTLE BIT EARLIER TODAY THE CHAIR OF CONSUMERS ENERGY. VERY IMPORTANT PLAYER. AND THE CHAIR OF D.T.E. AS WELL. YES, BECAUSE OF THE REDUCTION IN THE CORPORATE TAX RATES, THEY ARE GOING TO PASS ON THOSE SAVINGS, AS THEY WANT TO, TO THE CONSUMERS. IN THE CASE OF CONSUMERS ENERGY, THEY'RE GOING TO GIVE BACK $200 MILLION IN RATE RELIEF TO VIRTUALLY EVERY ONE OF THEIR CUSTOMERS THAT THEY SERVE ACROSS THE BOARD. THAT'S GOOD NEWS. IT HAS TO BE APPROVED BY THE PUBLIC SERVICE COMMISSION, BUT IN FACT THAT MONEY'S GOING TO BE THERE. WHETHER IT'S A SMALL BUSINESS WHO'S NOW GOING TO GET A LOWER RATE. PASS-THROUGH RATE MEANS A LOT. KEEPING YOUR DEDUCTIONS ON HEALTH CARE. SEEING THE HIGHEST CORPORATE RATE BEING REDUCED TO 21%. AND I REMEMBER WELL THAT DEBATE THAT WE HAD BETWEEN MITT ROMNEY AND BARACK OBAMA BACK IN 2012. THE QUESTION WAS ON TAX REFORM. AND EVEN BARACK OBAMA SAID HE WOULD SUPPORT LOWERING THAT CORPORATE TAX RATE TO 25% BECAUSE WE WERE ALREADY AT THE HIGHEST CORPORATE TAX RATE IN THE WORLD. THAT'S WHAT THIS BILL DID. AND THANK GOODNESS. THE LAST POINT I WOULD MAKE, I WAS TIRED OF ECONOMIC GROWTH BEING AT.7% OR 1%. WE CAN DO BETTER THAN THAT. THIS BILL IS NOW LEADING THE WAY TO SEE THIS HAPPEN. THE REPORT THIS WEEK I THINK IS PREDICTING A 3.5% GROWTH RATE FOR FISCAL YEAR -- FOR CALENDAR YEAR 2018. THAT IS A FAR CRY FROM WHERE WE WERE JUST A FEW YEARS AGO, AND I DARE SAY IN LARGE PART IT'S DUE BECAUSE WORKERS ARE IN FACT GETTING MORE MONEY FROM THEIR PAYCHECKS. WE'VE REDUCED THE CORPORATE RATES. COMPANIES, INSTEAD OF HAVING AN INCENTIVE TO GO OVERSEAS AS THEY DID BY MY LARGEST EMPLOYER IN ONE OF MY COUNTIES A FEW YEARS AGO, THEY NOW HAVE A REASON TO COME HOME AND INVEST THAT MONEY HERE. SO I APPRECIATE THE GENTLEMAN. LOOK FORWARD TO THE OTHER FOLKS' COMMENTS TONIGHT, AND I'D YIELD BACK TO MY GOOD FRIEND, THE GENTLEMAN FROM THE GREAT STATE OF MICHIGAN.

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                                            • 05:22:29 PM

                                              MR. MITCHELL

                                              THANK YOU FOR TAKING TIME OUT OF YOUR BUSY SCHEDULE TO TALK ABOUT HOW THE…

                                              THANK YOU FOR TAKING TIME OUT OF YOUR BUSY SCHEDULE TO TALK ABOUT HOW THE TAX CUTS AND JOBS ACT HAS IMPACTED YOUR DISTRICT. LET ME STATE -- AS WE GET READY FOR THE NEXT SPEAKER -- IN FOR THE AVERAGE FILER IN MY STATE THEY SAVE $2,700. NOW SOME REFER TO THAT AS CRUMBS, AS MEANINGLESS. THAT'S REAL MONEY THAT ALLOWS FOR PEOPLE TO MAKE A DIFFERENCE IN THEIR LIVES, TO MOVE FORWARD, MAKE DECISIONS ABOUT FIXING THEIR HOUSES, GO ON VACATION. YOU KNOW, PUT A DOWN PAYMENT ON A NEW CAR. ALL THINGS THAT WOULDN'T BE POSSIBLE, AND MORE IMPORTANTLY THAT'S MONEY THEY WORK FOR. THAT'S NOT MONEY THAT SOMEBODY GAVE THEM. THAT'S MONEY THEY EARNED AND THEY GET TO KEEP IT. THAT'S SO IMPORTANT. THE NEXT SPEAKER THAT WANTS TO COME FORWARD AND TALK ABOUT HIS DISTRICT IS REPRESENTATIVE SHIMKUS WHO, AS MR. UPTON SAID, WAS A CONFEREE ON THIS BILL. I NOW YIELD TO A MEMBER OF THE ENERGY AND COMMERCE COMMITTEE, A CONFEREE ON THE TAX CUTS AND JOBS ACT, WHO'S BEEN AN ADVOCATE FOR SMALLER GOVERNMENT FOR YEARS, REPRESENTING THE 15TH CONGRESSIONAL DISTRICT, CONGRESSMAN JOHN SHIMKUS.

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                                            • 05:23:39 PM

                                              MR. SHIMKUS

                                              THANK YOU VERY MUCH. IT'S GREAT TO BE WITH YOU AND MY FRIENDS FROM THE…

                                              THANK YOU VERY MUCH. IT'S GREAT TO BE WITH YOU AND MY FRIENDS FROM THE GREAT STATE OF MICHIGAN. YOU KNOW, AS A REPUBLICAN, SOMETIMES PEOPLE ASK, WHAT'S THE DIFFERENCE? I SAY, WELL, REPUBLICANS, WE BELIEVE IN LESS GOVERNMENT, INDIVIDUAL RESPONSIBILITY, LOWER TAXES, MORE PERSONAL FREEDOMS AND LIBERTIES. SO FROM MY TIME HERE IN WASHINGTON, I'VE ALWAYS WANTED A FAIRER, FLATTER, SIMPLER TAX CODE. I -- WE SHOULDN'T HAVE TO FEAR FILING OUR INCOME TAXES. WE SHOULDN'T HAVE TO FEAR WHETHER WE HAVE THE RECEIPTS AND I THINK THE OTHER THING THAT WAS ALWAYS FRUSTRATING ABOUT THE CODE IS YOU NEVER KNOW IF YOU'VE DONE ENOUGH OF THE ITEMIZING IF YOU'LL GET ANYTHING OR NOT AND THEN HAVE YOU FORGOTTEN SOMETHING THAT YOU ARE NOT RECOUPING, SO HAVING SAID THAT, THAT'S WHY -- AND I'M GLAD CONGRESSMAN MITCHELL RAISED THIS ISSUE, THE FAIRER, FLATTER, SIMPLER TAX CODE. BEFORE WE PASSED THE BILL, 80% OF MY CONSTITUENTS DID NOT ITEMIZE. UNDER THIS TAX REFORM, 90% OF ALL MY FILERS -- 90% WILL BE ABLE TO DO IT ON THIS SIMPLE POSTCARD. AND IT'S EASY TO FIND. PEOPLE CAN PULL IT UP. FAIRANDSIMPLEGOP TO CHECK IT OUT. CONGRESSMAN UPTON WAS CORRECT. THIS PROCESS WORKED. WE HAD A HOUSE BILL. WE HAD A SENATE BILL. AND THEN THE TWO SIDES MERGED TO KEEP SOME OF THE DEDUCTIONS THAT PEOPLE REALLY THOUGHT WERE IMPORTANT AND A GREAT COMPROMISE THAT WAS WORKING. THE QUESTION IS, THE PROOF -- IS THE PROOF IN THE PUDDING? IN OTHER WORDS, IS IT OPERATING AS ADVERTISED FOR EITHER SIDE? AND I THINK WE'RE DOWN HERE TO SAY IT'S OPERATING AS ADVERTISED, AND WE CAN PROBABLY STAND DOWN HERE AND TELL SOME OF THESE STORIES. WHAT WE DID IS WE POSTED A QUESTION ON OUR NEWSLETTER TO ASK PEOPLE TO RESPOND, AND I WANT TO SHARE SOME OF THESE RESPONSES. AND THESE ARE ON THE INDIVIDUAL SIDE. I'LL TALK ABOUT THE CORPORATE SIDE IN A MINUTE. KEN AND PAM FROM ST. JOE -- ST. JOSEPH -- ST. JOE WE CALL IT, THEY SAY, AND I QUOTE, PERSONALLY, WE'VE SEEN AN INCREASE IN OUR NET WAGES EACH WEEK. WITH OUR BUSINESS WE SEEM TO HAVE AN INCREASE IN COMPANIES STARTING NEW THINGS. GREG SAYS MORE MONEY IN MY TAKE-HOME CHECK. JANE SAID, MY RETIREMENT WENT UP. POSITIVE RESULTS ONLY SO FAR. JUST AS EXPECTED WITH COMMONSENSE TAX CUT. CARL FROM COLLINSVILLE, THAT'S MY HOMETOWN, GLAD CARL IS HAPPY. I'M SEEING MORE IN MY PAYCHECK EACH WEEK. KEEP UP THE GREAT WORK. SO THAT'S JUST ON THE INDIVIDUAL SIDE. THEN WE BRIEFLY WANT TO TALK ABOUT WHAT'S GOING ON FROM THE BUSINESS -- YOU KNOW, GREATS. ANNOUNCEMENTS, I HAD THE CHAIRMAN OF THE WAYS AND MEANS COMMITTEE, MY GOOD FRIEND, KEVIN BRADY SAY, LISTEN TO THIS, 50% OF ALL MANUFACTURERS IN THIS COUNTRY ARE PLANNING EXPANSION. NOT 50% OF THE MANUFACTURERS IN ILLINOIS OR MICHIGAN. ACROSS THE COUNTRY. THAT'S PRETTY AWESOME. SO WHAT'S GOING ON IN MY DISTRICT? GRIFFITH TRUCKING, BROADWAY EXPRESS, HEARTLAND CLASSICS, WHICH IS IN NEWTON, GAVE $1,000 BONUSES TO 65 FULL-TIME EMPLOYEES. FEDEX HAS A BIG DISTRIBUTION HUB IN MY DISTRICT, SAME PLACE IN EFFINGHAM. FEDEX IS COMMITTED TO MORE THAN $3 BILLION IN WAGE INCREASES, BONUS, PENSION FUNDING AND EXPANDED U.S. CAPITAL INVESTMENT. CHARTER COMMUNICATIONS IS RAISING THEIR MINIMUM WAGE TO $15 AN HOUR AS A RESULT OF THIS TAX CUT PLAN. IT'S GREAT TO SEE CONGRESSMAN RASKIN ON THE FLOOR. HE WAS A MAJOR -- CONGRESSMAN ROSK UP ON THE FLOOR. HE WAS A MAJOR PLAYER. THESE STORIES ARE ATTRIBUTED TO PETER'S GREAT WORK. THE OTHER ONE I WANTED TO MENTION, OF COURSE. I LIVE IN THE METRO ST. LOUIS AREA. BOEING HAS A BIG PRESENCE IN ST. LOUIS BUT, OF COURSE, A LOT OF THEIR GREAT WORKERS PROBABLY LIVE ON THE ILLINOIS SIDE. SO BOEING HAS AN NOW UNDERSTANDED EMPLOYEE-RELATED AND CHARITABLE INVESTMENTS OF $300 MILLION AS A RESULT OF THE TAX LAW. SO GREAT THINGS ARE HAPPENING. I WANT TO FOLLOW WHAT FRED UPTON SAID AND THAT WE AS A BODY WE'RE TIRED OF BEING IN A MALAISE. IS THIS ALL WE CAN HOPE FOR? WE WANTED AN EMPLOYEE THAT WOULD GROW AND CREATE JOBS AND BE VIBRANT, THAT PEOPLE WOULD BE EXCITED GOING BACK TO THE WORK FORCE, WORKING HARD, TAKING MORE OF THEIR PAY, INVESTING INTO THE MARKET OR IN THEIR RETIREMENT SAVINGS AND THAT'S JUST WHAT WE'RE HAVING. I HAVE A LOT OF MY COLLEAGUES HERE ON THE FLOOR. CONGRESSMAN MITCHELL, WITH THAT I COULD TALK A LONG TIME ON THE BENEFITS. I'M VERY, VERY EXCITED ABOUT IT. THANK YOU FOR ORGANIZING THIS TONIGHT, AND I'LL YIELD BACK MY TIME.

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                                            • 05:29:19 PM

                                              MR. MITCHELL

                                              THANK YOU FOR THE ENTHUSIASM AND DETAIL OF THE TAX CUTS AND JOBS ACT.…

                                              THANK YOU FOR THE ENTHUSIASM AND DETAIL OF THE TAX CUTS AND JOBS ACT. WE'LL CONTINUE THIS CONVERSATION AND TALK A LITTLE BIT ABOUT TRADE STATES BECAUSE IT'S HAD A GREAT IMPACT NOT ONLY IN ILLINOIS BUT MICHIGAN. JOINING US AT THIS POINT IN TIME IS CONGRESSMAN MIKE BISHOP, A NEIGHBOR OF MINE IN A NEIGHBORING DISTRICT TO THE 10TH CONGRESSIONAL DISTRICT, MEMBER OF THE WAYS AND MEANS COMMITTEE THAT HAD A DIRECT IMPACT ON IN BILL. HE'S BEEN A LEADING ADVOCATE FOR A SIMPLER AND FAIRER TAX CODE. I NOW LEAD TO CONGRESSMAN BISHOP.

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                                            • 05:29:51 PM

                                              MR. BISHOP

                                              THANK YOU FOR YIELDING AND LEADING IN THIS EFFORT. VERY EXCITING TO BE…

                                              THANK YOU FOR YIELDING AND LEADING IN THIS EFFORT. VERY EXCITING TO BE BACK IN THE COMEBACK STATE OF MICHIGAN. AFTER YEARS OF STAGNANT ECONOMIC GROWTH, OUR STATE IS EXPERIENCING THE BENEFITS OF A MODERNIZED TAX CODE. SO FAR MORE THAN FOUR MILLION HARD-WORKING MICHIGANDERS HAVE BENEFITED FROM HIGHER WAGES. ACROSS MICHIGAN, I'VE HAD THE OPPORTUNITY TO TRAVEL, NOT ONLY IN MY DISTRICT BUT ACROSS THIS GREAT STATE, AND I HAVE SEEN FIRSTHAND GREAT THINGS, SO MANY GREAT STORIES TO TELL, SITTING DOWN WITH FOLKS, HEARING ABOUT THE NEW TAX LAW AND HOW IT'S IMPACTING THEIR COMMUNITY AND HOW IT'S IMPACTING THEIR BUSINESSES AND I TAKE AWAY FROM THIS A NUMBER OF REALLY EXCITED TESTIMONIALS FROM EVERYONE I SAT DOWN WITH. FOR EXAMPLE, DAN, A SMALL BUSINESS OWNER FROM ROCHESTER HILLS, MICHIGAN, SHARED WITH ME AS A RESULT OF TAX REFORM HE WAS ABLE TO INVEST IN HIS NEW CAR WASH BY BUYING NEW EQUIPMENT. . ANOTHER CONSTITUENT IS SEEING EXTRA MONEY IN HIS TAKE-HOME PAY. I STOPPED BY THE FIAT-CHRYSLER TRUCK ASSEMBLY PLANT TO TALK WITH WORKERS ABOUT THE NEW RAM TRUCK PRODUCTION LINE THAT'S RELOCATING FROM MEXICO ALL THE WAY BACK TO MICHIGAN, WHERE IT BELONGS, BRINGING WITH IT 2,500 NEW JOBS. AS YOU CAN IMAGINE THERE'S EXTREME EXCITEMENT WITHIN THE FOUR WALLS OF THAT BEAUTIFUL PLANT. MICHIGAN IS THE AUTO CAPITAL OF THE WORLD. WE PRODUCE MORE THAN 2. MILLION CARS AND TRUCKS, WE PRODUCE MORE CARS AND TRUCKS THAN ANY OTHER STATE IN THE UNION AND WE ARE EXCITED AND PROUD TO BE THE AUTO CAPITAL OF THE WORLD, THE STATE THAT PUT THE WORLD ON WHEELS. THE FIAT-CHRYSLER DECISION WILL PRVIDE MORE THAN $1 BILLION IN U.S. INVESTMENT AND $2,000 BOE NEWS, $2,000, FOR EACH EMPLOYEE, ALL AS A RESULT OF TAX REFORM. IN LAKE WARREN, MICHIGAN, COMPLETE AUTOMATION. THEY EMPLOY ABOUT 250 EMPLOYEES. I VISITED THEIR OPERATION TO TALK WITH EMPLOYEES ABOUT THE NEW BENEFIT THEY'LL SOON BE SEEING. AS A RESULT OF TAX REFORM, EMPLOYEES THAT COMPLETE WILL IN THEIR 401K CONTRIBUTIONS SEE A MATCH OF UP TO 50%, UP TO 4% OF THEIR INVESTMENT IN THEIR 401K. THAT'S A BIG DEAL FOR A LOT OF PEOPLE. A GREAT DEAL FOR THEIR FAMILY. IT'S A GREAT DEAL FOR THEM INDIVIDUALLY, BUT IT'S A GREAT DEAL FOR THEIR FAMILY. I ALSO SAY THIS. WITH THE AVERAGE TAX CUT IN MY DISTRICT OF ABOUT $2,500 PER FAMILY, AVERAGE FAMILY, THAT'S NOT CRUMBS. THAT IS REAL, REAL, RELIEF FOR FAMILIES THAT COULD REALLY USE IT RIGHT NOW. THE TAKEAWAY FROM ALL THESE CONFERRINGS I'VE HAD ACROSS MY DISTRICT IS THAT THE TAX CUT AND JOBS ACT IS WORKING. AMERICA'S OPTIMISM IS RISING AND THE WORK FORCE IS TAKING NOTICE. WE'RE FINALLY CREATING AN ENVIRONMENT THAT FOSTERS ECONOMIC GROWTH AND BRINGS JOBS BACK TO THE UNITED STATES AND BACK TO MY HOME STATE AND THE COMEBACK STATE OF MICHIGAN. THIS IS JUST THE BEGINNING. THANK YOU AND I YIELD BACK.

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                                            • 05:33:29 PM

                                              >>

                                              THANK YOU, MR. BISHOP FOR YOUR FEEDBOOK.

                                            • 05:33:36 PM

                                              MR. MITCHELL

                                              NEXT, I HAVE THE HONOR TO RECOGNIZE THE CHAIRMAN OF THE WAYS AND MEANS…

                                              NEXT, I HAVE THE HONOR TO RECOGNIZE THE CHAIRMAN OF THE WAYS AND MEANS SUBCOMMITTEE ON TAX POLICY, THANK YOU FOR YOUR LEADERSHIP ON THIS AND I HOPE FOR CONTINUED SUCCESS ON TAX LAWS, CONGRESSMAN PETER ROSKAM.

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                                            • 05:33:51 PM

                                              MR. ROSKAM

                                              THANK YOU FOR YIELDING. MR. SPEAKER, THANK YOU FOR THE TIME. I THINK IT'S…

                                              THANK YOU FOR YIELDING. MR. SPEAKER, THANK YOU FOR THE TIME. I THINK IT'S SO INTERESTING, WE'RE ALL COMING TOGETHER, VARIOUS STATES, TO CELEBRATE THESE ACCOMPLISHMENTS AND TO TAKE A STEP BACK, HUH FAR WE'VE COME IN THE PAST YEAR OR THE PAST SEVERAL MONTHS WHERE YOU LOOK BACK AND BASICALLY THERE WAS A NATIONAL CONSENSUS THAT DEVELOPED AND THE CONSENSUS WAS NOBODY LIKED OUR TAX CODE. NOBODY. NOBODY COULD DEFEND IT. BECAUSE IT WAS ABSURD. IT WAS SO COMPLICATED. THOSE OF US WHO ARE FROM THE CHICAGO AREA, WE KNOW THAT THE LAST TIME THE TAX CODE WAS UPDATED WAS WHEN THE BEARS WON THE WORLD SERIES -- WHEN THE BEARS WON THE SUPER BOWL. WORLD SERIES, I'M THINKING CUBS. SO THAT'S 30 YEARS AGO. AND YET WE'VE GOT A TAX CODE THAT'S A COMPLETE THROWBACK. THE TAX CODE WAS SUCH A THROWBACK THAT THE LAST TIME IT WAS UPDATED, IN 1986, THE INTERNET DIDN'T EXIST AS A COMMERCIAL ENTERPRISE. THERE WAS NO SHARED ECONOMY. AIR BNB, UBER, THOSE THINGS DIDN'T EXIST. GLOBAL SUPPLY CHAINS WERE NOT AS EXECTED -- CONNECTED AS THEY ARE TODAY. HERE'S WHAT'S INTERESTING. THE HIGH PER GHOW BOWE LEE THAT SURROUNDED THE DEBATE ON THE TAX REFORM BILL AS H.R. 1 KEPT MOVING IN AND CAME TO A CRESCENDO, PASSED THROUGH THE HOUSE, PASSED THROUGH THE SENATE, SIGNED INTO LAW, IT WAS DESCRIBED BY OUR FRIENDS ON THE OTHER SIDE OF THE AISLE AS WORST BILL EVER, ARMAGEDDON AND OBVIOUSLY NOW THE FAMOUS LINE, THE RESULT OF THESE THINGS, WERE CRUMBS. WELL NONE OF THAT TURNED OUT TO BE TRUE. THIS WAS A TERRIFIC BILL. LET ME GIVE YOU A COUPLE OF EXAMPLES, MR. SPEAKER, OF PEOPLE IN MY CONSTITUENCY WHO HAVE WRITTEN PUBLICLY OR WRITTEN TO MY PRIVATELY ABOUT THIS BILL. HERE'S MARY FROM WHEATON, ILLINOIS, MY HOMETOWN HE SAID OUR FAMILY IS ALREADY FEELING THE POSITIVE IMPACT OF THE CHANGES MADE IN THE TAX CODE. OUR DAUGHTER AND HER HUSBAND JUST HAD THEIR FIRST BABY AND THEY'LL BE ABLE TO TAKE ADVANTAGE OF THE DOUBLED CHILD TAX CREDIT NEXT YEAR. THROUGHOUT OUR EXTENDED FAMILY, THOSE WHO WORK FOR BIG AND SMALL BUSINESSES ARE -- ALIKE ARE WITNESSING IMMEDIATE EFFECTS. COMPANIES ARE NSTING THE ANTICIPATED BENEFITS OF THE NEW TAX LAW IN THE FORM OF BONUS, PAY RAISES, CAPITAL IMPROVEMENTS -- IMPROVEMENTS AND NEW HIRE. THAT'S JUST THE BEGINNING. THE TRUE VALUE OF THE TAX CODE WILL COME IN THE MONTHS AND YEARS AHEAD. MARY IS ABSOLUTELY RIGHT. OR ANOTHER PERSON, NICOLE FROM ELGIN. SHE SAYS THANKS TO THE NEW TAX BILL MY FAMILY WILL BE SAVING AN ESTIMATED $4,000 ON OUR TAXES NEXT YEAR. NOT ONLY THAT, BUT I'M GETTING A $1,000 BONUS, AND AN EXTRA $150RKS0 IN MY EMPLOYEE PENSION ACCOUNT IF MY EMPLOYER AS A RESULT OF THESE CHANGES. OR HOW ABOUT AN ENROLLED AGENT, STEPHEN, FROM WAYNE, HE SAYS THIS, HE PREPARES PEOPLE'S TAXES. HE SAID AS AN ENROLLED AGENT ENTERING MY 35TH TAX SEASON I'M ANXIOUSLY AWAITING THE SMILES I'LL BE GETTING FROM MY CLIENTS WHEN I INFORM THEM HOW MUCH THEY'LL BE SAVING ON THEIR 2018 TAX RETURN. THE CLEAR MAJORITY OF MY CLIENTS WILL BE PAYING LOWER TAX RATES IN 2018 DUE TO THE RECREBLY PASSED TAX CUTS AND JOBS ACT. THEN I'LL GO TO THE END OF HIS NOTE, I HAVEN'T BEEN ABLE TO SAY THIS VERY OFTEN OVER THE PAST 35 YEARS BUT I'M ACTUALLY LOOKING FORWARD TO THIS SAX SEASON. -- THIS TAX SEASON. WITH EKNOW THESE THINGS ARE TRUE. WE KNOW THEY'RE MANIFESTING THEMSELVES. I'VE GOT A CONSTITUENCY WHERE THERE'S ABOUT 30,000 PEOPLE THAT GET HIT, HARD, BY THE ALTERNATIVE MINIMUM TAX. AND THEY'RE NOT GOING TO BE HIT BY THE ALTERNATIVE MINIMUM TAX. THEY'RE GOING TO BE SPARED THAT TAX. THERE'S MANY OTHER EXAMPLES IN THE STATE OF ILLINOIS WHERE YOU SEE REAL PROGRESS BEING MADE. UP BY ME IN CHICAGOLAND, M.K. INCORPORATION A FLEET MANAGEMENT COMPANY, IS GIVING $1,000 BONUSES TO 150 EMPLOYEES. AMARON, ILLINOIS, THE CUSTOMERS ARE USING BOTH ELECTRICITY AND NATURAL GAS. THEY'LL SEE A COMBINED SAVINGS OF LOWER UTILITY RATE. WE'VE TALKED ABOUT A. B AT&T ALREADY, $1,000 BONUSES TO 10,000 ILLINOIS-BASED MES AND NATIONWIDE, OVER $1 BILLION, AND INCREASE IN CAPITAL EXPENDITURES. THERE'S EXAMPLE OUT OF EXAMPLE AFTER EXAMPLE. LOOK, IF ALL THE CRITICS CAN DO IS BASICALLY SAY, WELL THIS ISN'T ENOUGH, OR THIS IS CRUMBS, THEY'VE NOT BEEN TO MY CONSTITUENCY TO TELL A FAMILY I REPRESENT, MR. SPEAKER THAT $1,000 IS CRUMBS IS JUST PATENTLY OBTUSE. $1,000 IS REAL MONEY. $1,000 IS GETTING AHEAD ON A CAR PAYMENT. $1,000 IS THE ABILITY TO MOVE FORWARD AND SAY WE'RE GOING TO GO ON A LITTLE EXTRA SPECIAL VACATION. GOING TO PUT A LITTLE MORE MONEY TOWARD OUR COLLEGE FUND. GOING TO PUT A LITTLE MORE MONEY TOWARD RETIREMENT. THAT'S JUST ONE PARTICULAR EXAMPLE. SO I WANT TO THANK THE GENTLEMAN FOR ORGANIZING THIS TIME AND I WILL YIELD TO HIM AND VERY MUCH APPRECIATE YOUR BRINGING US TOGETHER TO CELEBRATE THESE THINGS.

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                                            • 05:39:27 PM

                                              MR. MITCHELL

                                              I ASK YOU TO STAY FAR MOMENT FOR A REAL QUICK QUESTION. THE BEARS, AS YOUR…

                                              I ASK YOU TO STAY FAR MOMENT FOR A REAL QUICK QUESTION. THE BEARS, AS YOUR EXAMPLE AND MY EXAMPLE, STEVIZEMAN WAS A YOUNG CAPTAIN IN THE NATIONAL HOCKEY LEAGUE. A QUESTION FOR YOU, 90% OF OUR TAXPAYERS, WE BELIEVE ARE GOING TO FILE A STANDARD DEDUCTION BUT WE KEPT, WE TALKED ABOUT IT, WE KEPT SOME KEY TAX CREDITS AND -- IN THE TAX CODE TO HELP FAMILIES. CAN YOU BRIEFLY TALK ABOUT MAYBE THE FAMILY AND CHILD TAX CREDIT, WHAT WE DID WITH THAT, AND WHY WE THINK IT'S IMPORTANT.

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                                            • 05:40:08 PM

                                              >>

                                              WHAT WE DID WITH IT IS WE DOUBLED IT. FOLKS SAY, I DON'T LIKE THIS TAX…

                                              WHAT WE DID WITH IT IS WE DOUBLED IT. FOLKS SAY, I DON'T LIKE THIS TAX PLAN. REALLY? YOU DON'T LIKE DOUBLING THE CHILD TAX CREDIT? THERE WAS VERY MUCH AN INTENTIONALITY AS YOU KNOW TO SAY, WE VALUE FAMILY. WE VALUE CHILDREN. WE VALUE DOMESTIC LIFE. TOWARD THAT END WE'RE GOING TO SUPPORT IT THROUGH THE TAX CODE. THERE WAS A VERY SPECIFIC DESIGN NOT JUST TO KEEP IT BUT TO ENHANCE IT.

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                                            • 05:40:32 PM

                                              MR. MITCHELL

                                              WE WANT TO BE CLEAR WITH FOLKS, THERE'S THE CHILD TAX CREDIT, THE EARNED…

                                              WE WANT TO BE CLEAR WITH FOLKS, THERE'S THE CHILD TAX CREDIT, THE EARNED INCOME CREDIT AND THOSE ARE CREDITS AGAINST YOUR TAX LIABILITY. THIS IS NOT A DEDUCTION. THOSE ARE CREDITS BACK.

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                                            • 05:40:46 PM

                                              MR. ROSKAM

                                              RIGHT.

                                            • 05:40:48 PM

                                              MR. MITCHELL

                                              NOT A DEDUCTION.

                                            • 05:40:50 PM

                                              MR. ROSKAM

                                              A DEDUCTION IS A DECREASE IN TAXABLE LIABILITY. A SCREAT CREDIT. ONCE THE…

                                              A DEDUCTION IS A DECREASE IN TAXABLE LIABILITY. A SCREAT CREDIT. ONCE THE TAX IS TALL CUELATED, THE CREDIT IS AN AMOUNT THAT COMES OFF THE TAX LIABILITY. IT'S A VERY SIGNIFICANT THING. SAID ANOTHER WAY, DRET -- CREDITS ARE MORE VALUABLE THAN DEDUCTIONS.

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                                            • 05:41:11 PM

                                              MR. MITCHELL

                                              THANK YOU VERY MUCH FOR THAT, I HOPE SOME PEOPLE LISTENED TO THAT, SOME…

                                              THANK YOU VERY MUCH FOR THAT, I HOPE SOME PEOPLE LISTENED TO THAT, SOME PEOPLE DON'T UNDERSTAND THE DIFFERENCE. THANK YOU FOR TAKING THE TIME TONIGHT. I'M NOW PLEASED TO YIELD TIME TO THE GENTLEMAN REPRESENTING THE 12TH DISTRICT OF ILLINOIS AND A SMALL FAMILY BUSINESS OWNER HIMSELF, CONGRESSMAN MIKE BOST.

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                                            • 05:41:28 PM

                                              MR. BOST

                                              I THANK THE GENTLEMAN FOR HOSTING THIS SPECIAL ORDER AND BECAUSE WE'RE…

                                              I THANK THE GENTLEMAN FOR HOSTING THIS SPECIAL ORDER AND BECAUSE WE'RE GOING DOWN A THEME IF WE PUT IN PERSPECTIVE OF HOW LONG AGO IT WAS THAT WE DID TAX REFORM IN THIS NATION, I WAS RUNNING FOR MY FIRST POLITICAL OFFICE, ON COUNTY BOARD, I HAD A MULLET, AND IT LOOKED GOOD, OR AT LEAST MY WIFE TOLD ME IT DID. AFTER WE PASSED THIS TAX REFORM IRK COME FROM DEEP SOUTHERN ILLINOIS, NOWHERE NEAR CHICAGO, A RURAL AREA A TYPICAL FAMILY OF FOUR WILL RECEIVE A BREAK OF OVER $2,000 PER YEAR. FOLKS, I DON'T KNOW HOW IT WOULD BE IN YOUR DISTRICT OR YOUR HOMETOWN IF YOU'RE LISTENING TO THIS TONIGHT, BUT THAT'S NOT CRUMBS WHERE I COME FROM. SOME OF THE FOLKS HERE IN WASHINGTON MAY THINK THAT'S THE CASE BUT THAT'S NOT. LET ME TELL YOU THAT I'VE BEEN AROUND MY DISTRICT, TALKING TO PEOPLE AND YOU GO TO BARBERSHOPS AND COFFEE SHOPS AND MY WIFE AND I OWN A BEAUTY SALON AND YOU HEAR FROM PEOPLE HOW MUCH THEY'RE SAVING. SO MUCH SO WE ACTUALLY ASKED FOR PEOPLE TO START REPLYING IN ON OUR FACEBOOK AND TELL US WHAT THEIR STORY WAS. I'M GOING TO GIVE YOU A FEW OF THESE. I KNOW WE'RE ON LIMITED TIME BUT I'M GOING TO TELL YOU THAT BOBBIE FROM MCCANN, HERE'S WHAT HE WRITES. I'M A POLICE OFFICER, MY WIFE IS A HIGH SCHOOL TEACHER. COMBINED THE NEW TAX RATES SAVES US OVER $300 A MONTH. WE HAVE TWO TEENAGE CHILDREN. THE ADDITIONAL INCOME WILL HELP US SAVE FOR UPCOMING COLLEGE EXPENSES. TERRY FROM ROYALTON WRITES, MY WIFE IS AN EDUCATOR, I'M IN HEALTH CARE. SINCE THESE CHANGES HAVE AFFECTED MY PAY, ABOUT THE SAME AS HERS, WE KNOW -- WE NOW HAVE -- WE THE HOW MUCH IT CHANGE OURS MONTHLY INCOME. ABOUT $3,000. TRACY FROM WOOD RIVER WRITES, TAX REFORM ALLOWS MORE MONEY FOR COLLEGE, MORE MONEY TO BE PUT TOWARD PAYING OFF OUR HOME. PROVIDES MORE ACTIVITY FOR OUR CHILDREN AND ALLOWS US TO SAVE MORE MONEY FOR THE FUTURE. THESE ARE JUST THREE STORIES. OF COUNTLESS OTHAT WE'VE HEARD. COUNTLESS THAT COME IN NOT ONLY FROM INDIVIDUALS ON THE INDIVIDUAL TAX RATE BUT BUSINESS TAX RATES AS WELL. EXPANSION OF BUSINESS. GROWING OF BUSINESS. USING IT TO EXPAND THE 401K'S OF THEIR EMPLOYEES. GIVING INCREASES IN PAY TO THEIR EMPLOYEES. THE BOTTOM LINE IS THIS. THE TAX REFORM ALLOWS PEOPLE TO KEEP MORE MONEY IN THEIR PAYCHECK. IT ALLOWS THEM THE OPPORTUNITY TO USE THAT MONEY IN THE WAY THEY SEE FIT, NOT HOW THE GOVERNMENT WANTS TO USE IT. THEY EARN THAT MONEY. IT'S THEIRS. THEY SHOULD BE ABLE TO KEEP MORE OF IT. TO SPEND AND SAVE AS THEY PLEASE. THIS NEW TAX REFORM DOES JUST THAT. WITH THAT I YIELD BACK.

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                                            • 05:44:34 PM

                                              MR. MITCHELL

                                              THANK YOU FOR TAKING TIME TO JOIN US THIS EVENING. I'D LIKE TO NOW…

                                              THANK YOU FOR TAKING TIME TO JOIN US THIS EVENING. I'D LIKE TO NOW RECOGNIZE CONGRESSMAN ADAM KINZINGER WHO SERVES ON THE FOREIGN AFFAIRS COMMITTEE, I YIELD THE GENTLEMAN FROM THE 16TH DISTRICT OF ILLINOIS TO TALK ABTAX CUTS IN HIS DISTRICT.

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                                            • 05:45:01 PM

                                              >>

                                              I WAS 18 YEARS OLD THE LAST TIME THE TAX CODE WAS REFORMED. I THINK THIS…

                                              I WAS 18 YEARS OLD THE LAST TIME THE TAX CODE WAS REFORMED. I THINK THIS IS SOMETHING WE OUGHT TO DO EVERY DECADE, WORST CASE EVERY TWO DECADES, NOT EVERY 30 YEARS. I WISH THIS COULD HAVE BEEN BIPARTISAN. I THINK THERE'S A LOT OF FANTASTIC THINGS IN HERE. I THINK IT'S OBVIOUS THE ECONOMY IS SHOWING BIG BENEFIT AS A AS A RESULT. IT'S HARD TO HIDE THAT OR PRETEND THAT'S NOT THE CASE EVEN THOUGH SOME OF OUR FRIENDS TRY TO DO THAT. IT'S OBVIOUS IT'S WORKED. I WANT TO TELL A FEW STORIES, THEN I'LL YIELD BACK, OF MY DISTRICT, THE 16TH DISTRICT OF ILLINOIS. I WAS AT A TAX REFORM ROUND TABLE LAST MONTH AT THE ILLINOIS VALLEY CHAMBER OF COMMERCE AND HEARD FROM MY LOCAL BUSINESS COMMUNITY ABOUT HOW THIS BILL AFFECTS THEM AND WHAT THEY'D LIKE TO SEE MOVING FORWARD. ONE GENTLEMAN FROM WALNUT, ILLINOIS, IN BUREAU COUNTY, WAS EXITED ABOUT THE TAX CUTS HIS SMALL BUSINESS WOULD RECEIVE. THE PLANS TO INCREASE HOURLY WAGES AND HIRE SEVEN TO 10 NEW EMPLOYEES. THAT'S NOT CRUMB, THAT'S IMPORTANT. THE TAX RELIEF FOR BUSINESS LARGE AND SMALL BEING SHARED WITH EMPLOYEES ALL OVER. OVER THE LAST FEW MONTHS MORE THAN 300 COMPANIES AND COUNT HAVING ANNOUNCED PLANS TO ADD PEOPLE, ADD BONUSES, ADD TO RETIREMENT BENEFITS, GIVE BACK TO THE U.S. ECONOMY. EMPLOYEES AT U.P.S. IN MY DISTRICT, HOME DEPOT, BANK OF AMERICA, RYDER, AT&T, U-HAUL AND MANY OTHERS WITH ILLINOIS LOCATIONS WILL RECEIVE THESE BONE IBO NUSSES AND BENEFITS. A FEW YEARS AGO TISSUE A FEW WEEKS AGO I WENT TO THE FIE YACHT-CHRYSLER PLANT IN BELVEDERE AND THE EMPLOYEES WERE EXCITED ABOUT THE BONUS THEY'LL RECEIVE IN THE SECOND QUARTER OF THIS YEAR. 85% OF ILLINOISANS WILL SEE A TAX CUT NEXT YEAR AND THE NONPARTISAN TAX FOUNDATION ESTIMATES THAT THE STATE OF ILLINOIS STANDS TO GAIN TENS OF THOUSANDS OF JOBS FROM THIS REFORM. . THIS IS REAL AND TANGIBLE IN TERMS OF THE BENEFITS IT WILL PUT ONTO OUR ECONOMY. OUR FUTURE'S BRIGHT. OUR ECONOMY'S GROWING STRONGER, AND WITH TAX RELIEF, THE AMERICAN DREAM IS ONCE AGAIN ON THE HORIZON FOR FOLKS IN MY DISTRICT AND ACROSS THE COUNTRY. I THANK THE GENTLEMAN FOR YIELDING AND I YIELD BACK.

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                                            • 05:47:09 PM

                                              MR. MITCHELL

                                              THANK YOU FOR JOINING US THIS EVENING. I APPRECIATE THE DETAIL IN YOUR…

                                              THANK YOU FOR JOINING US THIS EVENING. I APPRECIATE THE DETAIL IN YOUR DISTRICT. WE'LL CONTINUE WITH ILLINOIS FOR A BIT HERE. I GUESS IT'S ILLINOIS NIGHT FOR A WHILE. I NOW YIELD TO THE REPRESENTATIVE OF THE 14TH DISTRICT OF ILLINOIS WHO HAS BEEN A VOICE FOR BUSINESS OWNERS ACROSS AMERICA THROUGH HIS WORK ON THE COMMITTEE, CONGRESSMAN RANDY HULTGREN.

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                                            • 05:47:31 PM

                                              MR. HULTGREN

                                              THANK YOU SO MUCH. ILLINOIS IS A HIGH TAX STATE. WE'VE SEEN ILLINOIS STATE…

                                              THANK YOU SO MUCH. ILLINOIS IS A HIGH TAX STATE. WE'VE SEEN ILLINOIS STATE TAXES CONTINUE TO GO UP SO IT IS WELCOME RELIEF THAT CONGRESS HAS BROUGHT FEDERAL TAX RELIEF TO THE PEOPLE OF ILLINOIS AND ESPECIALLY I'M GRATEFUL FOR THE RESIDENTS OF THE 14TH CONGRESSIONAL DISTRICT, THE SUBURBS OF CHICAGO WHO ARE SEEING GREAT RELIEF AND ESPECIALLY THE BENEFITS THAT COME TO SMALL BUSINESSES, TRULY THE ENERGY AND THE ENGINE BEHIND ILLINOIS' ECONOMY. THEY ARE GOING TO RECEIVE IMMEDIATE BENEFITS FROM REDUCED TAX BURDEN AND MORE FLEXIBLE ACCOUNTING RULES. I'M PLEASED THE FINAL VERSION INCLUDED THIS PORTION OF MY BILL WHICH WAS TO LOWER TAXES ON ILLINOIS' LARGEST EMPLOYERS, WHICH IS SMALL BUSINESSES, AND IT'S CALLED BRING SMALL BUSINESS BACK TAX REFORM ACT. FURTHER, THE TAX CUTS AND JOBS ACT REDUCED CORPORATE TAX RATES TO 21% AND INCLUDES PROVISIONS TO DETER U.S. COMPANIES FROM MOVING THEIR HEADQUARTERS AND INVESTMENTS ABROAD. ENCOURAGING THEM TO BRING INCOME AND JOBS BACK HOME AGAIN. AGAIN, THIS IS WELCOMED NEWS FOR ILLINOIS RESIDENTS. NUMEROUS COMPANIES WHO EMPLOY RESIDENTS OF THE 14TH CONGRESSIONAL DISTRICT HAVE ANNOUNCED NEW INVESTMENTS AND NEW HIRING AND GIVING MORE MONEY TO THEIR EMPLOYEES, WAGES, BONUSES, TRAINING, AND MORE. JUST A SAMPLING OF THESE ARE AMERICAN COMMUNITY BANK, FIRST MIDWEST BANK, M.K., BOEING, U.S. BANK, WELLS FARGO, WIND TRUST FINANCIAL, HOME DEPOT, WAL-MART, C.V.S. AND STARBUCKS. THEY'RE HIRING MORE EMPLOYEES IN MY DISTRICT. GENEVA HAS BROUGHT ON TWO NEW EMPLOYEES TO MANAGE THE EQUIPMENT THE COMPANY INVESTED IN UNDER THE NEW EXPENSING RULES. ONE PLANS TO HIRE TWO NEW EMPLOYEES IN 2018 WITH THE MONEY THE COMPANY SAVED THROUGH TAX REFORM AND THE LIST GOES ON AND ON. MR. SPEAKER, IT'S TIME AMERICANS WERE GIVEN THE TRUTH ABOUT THE TAX CUTS AND JOBS ACT. 80% OF U.S. HOUSEHOLDS WILL SEE A TAX CUT IN 2018, ACCORDING TO THE NONPARTISAN TAX POLICY CENTER, BUT ONLY 17% OF AMERICANS ACTUALLY THINK THEY WILL. IN FACT, THE BILL LOWERS INDIVIDUAL RATES FOR LOW AND MIDDLE-INCOME AMERICANS ACROSS THE BOARD AND DOUBLES THE STANDARD DEDUCTION FOR BOTH INDIVIDUALS AND FAMILIES. IF YOU'RE ONE OF THE 70% OF AMERICANS THAT CURRENTLY TAKE THE STANDARD DEDUCTION, GETTING AN IMMEDIATE RATE CUT AND A DOUBLING OF THE EARNINGS YOU CAN KEEP TAX-FREE WILL MAKE A BIG DIFFERENCE TO YOU AND TO YOUR FAMILY. THIS BILL DOES NOT CUT MEDICARE, MEDICAID, OR SOCIAL SECURITY, PERIOD. THIS BILL DOES NOT GET RID OF MEDICAL EXPENSE DEDUCTION OR THE CHARITABLE DEDUCTION. THOSE ARE PROTECTED AND EXPANDED. THE BILL DID NOT TAKE HEALTH CARE AWAY FROM AMERICANS. 80% OF THOSE WHO PAY FOR THE INDIVIDUAL MANDATE TAX ARE FAMILIES MAKING LESS THAN $50,000. THIS BILL GETS RID OF THE INDIVIDUAL MANDATE PENALTY SO FAMILIES ARE NOT BURDENED BY YET ANOTHER TAX. IT'S CLEAR, THE TAX CUTS AND JOBS ACT IS ALREADY DELIVERING POSITIVE RESULTS TO ILLINOIS INDIVIDUALS, FAMILIES, AND SMALL BUSINESSES AND TO AMERICANS EVERYWHERE. IT'S GOOD NEWS AND MORE GOOD NEWS IS COMING. WITH THAT I'LL YIELD BACK.

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                                            • 05:50:37 PM

                                              MR. MITCHELL

                                              THANKS FOR JOINING US. APPRECIATE YOU TAKING THE TIME TO EXPLAIN THE…

                                              THANKS FOR JOINING US. APPRECIATE YOU TAKING THE TIME TO EXPLAIN THE IMPORTANCE OF THIS IN YOUR DISTRICT. MY NEXT SPEAKER HAS EXTENSIVE EXPERIENCE ON THE WAYS AND MEANS COMMITTEE REPRESENTING THE 18TH DISTRICT OF ILLINOIS, I YIELD TO CONGRESSMAN DARREN LAHOOD.

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                                            • 05:51:00 PM

                                              MR. LAHOOD

                                              THANK YOU. I WANT TO THANK YOU AND MIMI WALTERS FOR PUTTING TOGETHER AND…

                                              THANK YOU. I WANT TO THANK YOU AND MIMI WALTERS FOR PUTTING TOGETHER AND ORGANIZING THIS SPECIAL ORDER IN ORDER TO HIGHLIGHT THE EFFECTS OF THE TAX CUTS AND JOBS ACT IN ILLINOIS AND ACROSS THE COUNTRY. 31 YEARS IS WAY TOO LONG. THAT'S WHAT IT TOOK BEFORE WE PASSED COMPREHENSIVE TAX REFORM AT THE END OF LAST YEAR. IN MY 2 1/2 YEARS HERE, I COULDN'T BE MORE PROUDER TO SUPPORT THE BILL, AND WHEN I WENT INTO LOOKING AT THE LEGISLATION, I REALLY LOOKED AT TWO THINGS AS WE LOOKED AT COMPREHENSIVE TAX REFORM. ONE IS, HOW DO WE HELP MIDDLE-CLASS AND LOWER MIDDLE-CLASS PEOPLE ACROSS THIS COUNTRY IN MY DISTRICT? SECOND, HOW DO WE GET THE ECONOMY ROARING AGAIN? WE ALMOST FOR NINE YEARS HAD A SLUGGISH ECONOMY, STAGNANT WAGES. HOW DO WE GET THE ECONOMY ROBUST, VIBRANT AGAIN? AND WE SUCCEEDED ON BOTH THOSE COUNTS WITH THIS BILL. AND VERY PROUD TO SUPPORT IT. THIS HISTORIC TAX REFORM LAW IS MAKING A REAL DIFFERENCE FOR OUR FAMILIES AND OUR WORKERS. BUT DON'T -- YOU DON'T HAVE TO TAKE MY WORD FOR IT. TAKE IT FROM THE HARDWORKING PEOPLE I'VE SPOKEN WITH ACROSS ILLINOIS' 18TH DISTRICT. THE WORKERS I'VE SPOKEN WITH ARE ALREADY SEEING THE RESULTS OF THE NEW WITHHOLDING TABLES WHICH IS NO SURPRISE. IN FACT, THE MEDIAN FAMILY OF FOUR IN MY DISTRICT WILL SAVE $2,593. LET ME REPEAT THAT. $2,23593 EVERY YEAR FROM THIS -- $$2.593 EVERY YEAR FROM THIS LAW. THIS IS CERTAINLY NOT CRUMBS -- $2,593 EVERY YEAR FROM THIS LAW. THIS IS CERTAINLY NOT CRUMBS. THE BENEFITS HAVE ALREADY GONE BEYOND LOWERING THE RATES WITH MORE BONUSES AND PAY RAISES BEING ANNOUNCED EVERY SINGLE DAY. ONE EXAMPLE FROM MY DISTRICT IS THE FIVE CENSUS SPA IN PEORIA. FOR OVER A DECADE, PAULA HAS PROVIDED CUSTOMERS WITH RELIEF IN HER SPA. WITH THE PASSAGE OF THIS BILL, THEY ARE NOW PROVIDING TAX RELIEF TO THEIR EMPLOYEES. AFTER CALCULATING THE SAVINGS FROM HER BUSINESS THAT SHE SAW THROUGH THE TAX CUTS AND JOBS ACT, PAULA HANDED OUT $500 BONUSES TO ALL OF HER EMPLOYEES. AS A THANK YOU FOR THEIR HARD WORK. THIS IS REAL MONEY THAT THE EMPLOYEES CAN PUT TOWARDS EXPENSIVE, NEW PURCHASES, OR EVEN SAVING UP FOR THINGS LIKE EDUCATION OR A HOME OR A NEW CAR. BUT TAX REFORM ALSO HAS POSITIVE EFFECTS BEYOND LARGER PAYCHECKS. LAST MONTH I SPOKE WITH A CONSTITUENT NAMED CHRIS WHO'S A SMALL BUSINESS OWNER AND ALSO THE FIRE MARSHAL FOR SPRINGFIELD COUNTY. CHRIS ATTENDED A ROUNDTABLE DISCUSSION I HOSTED IN SPRINGFIELD AND TALKED ABOUT HOW THE NEW DEPRECIATION RULES AS PART OF THE TAX REFORM LAW HAVE ALREADY INCENTIVIZED BUILDING OWNERS TO UPGRADE THEIR SPRINKLER AND SAFETY EQUIPMENT WHICH HAS BENEFITED HIS SMALL BUSINESS. SAFER BUILDINGS AND UP-TO-DATE FIRE PREVENTION ARE A WIN-WIN FOR EVERYONE. AND I WAS GLAD TO HEAR THAT EVEN OUR LOCAL FIRE MARSHAL WAS SEEING THE REAL EFFECTS OF COMMONSENSE TAX REFORM AND REFORMING OUR TAX CODE. STORIES LIKE THESE ARE COMING FROM EVERY DISTRICT ACROSS THIS GREAT COUNTRY, AND THE BENEFITS OF THE TAX CUTS AND JOBS ACT SHOW NO SIGN OF SLOWING DOWN AND THAT'S GOOD NEWS FOR ALL AMERICANS. IT SHOULD BE CLEAR BY NOW THAT LETTING WORKERS KEEP MORE OF THEIR HARD-EARNED PAYCHECKS IS A RECIPE FOR A HEALTHY ECONOMY. AND I AM EXCITED TO SEE HOW THIS BILL CONTINUES TO IMPROVE THE LIVES AND SECURITY OF ALL AMERICAN FAMILIES. I YIELD BACK.

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                                            • 05:54:53 PM

                                              MR. MITCHELL

                                              MAYBE THE CONGRESSMAN CAN STAY ONE MOMENT FOR A QUICK QUESTION.

                                            • 05:54:57 PM

                                              MR. LAHOOD

                                              SURE.

                                            • 05:54:59 PM

                                              MR. MITCHELL

                                              ALLOWANCE AND WHAT IT MEANS FOR ESPECIALLY SMALL BUSINESSES. WHAT ONE OF…

                                              ALLOWANCE AND WHAT IT MEANS FOR ESPECIALLY SMALL BUSINESSES. WHAT ONE OF THE THINGS WE DID WAS CHANGE HOW THE TAXES ARE STRUCTURED FOR PASS-THROUGHS, SMALL BUSINESSES. MAYBE EXPLAIN THAT BRIEFLY HOW WE HELPED SMALL BUSINESSES BE VIABLE AND GROW IN THIS COUNTRY.

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                                            • 05:55:16 PM

                                              MR. LAHOOD

                                              SMALL BUSINESSES ARE THE LIFEBLOOD OF OUR ECONOMY. THEY CREATE THE MOST…

                                              SMALL BUSINESSES ARE THE LIFEBLOOD OF OUR ECONOMY. THEY CREATE THE MOST JOBS IN OUR ECONOMY. WHEN WE LOOKED AT COMPRE-IVE TAX REFORM WE -- AGREE HENCIVE TAX -- COMPREHENSIVE TAX REFORM WE ASKED, WHAT CAN WE DO TO HELP YOU, EXPENSING, WE TOOK THAT INTO ACCOUNT AND NOW YOU'RE SEEING THE RESULTS OF THAT. WHAT DOES THAT MEAN? WHAT DO THEY DO WITH THOSE SAVINGS? WELL, THEY'RE HIRING MORE PEOPLE. THEY'RE INVESTING IN HIGHER WAGES. THEY'RE INVESTING BACK INTO THEIR COMPANIES WHICH HAS A DOWNSTREAM EFFECT THROUGHOUT THIS COUNTRY AND THOSE ARE REAL RESULTS AND, AGAIN, THAT'S A POSITIVE NATURE WHICH WILL CONTINUE INTO THE FUTURE AND WE'RE AWFULLY PROUD OF THOSE PROVISIONS.

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                                            • 05:55:58 PM

                                              MR. MITCHELL

                                              THANK YOU FOR DETAILING THAT AND APPRECIATE TAKING YOUR TIME THIS EVENING.…

                                              THANK YOU FOR DETAILING THAT AND APPRECIATE TAKING YOUR TIME THIS EVENING. WE'LL NOW ROTATE BACK TO MICHIGAN. FELLOW FRESHMAN, GOOD FRIEND OF MINE, ALSO A PROUT U.P.ER. I AM PROUD TO YIELD TO MY COLLEAGUE FROM THE NORTHERN REGIONS OF MICHIGAN WHO THROUGHOUT THIS PROCESS SERVED ON THE BUDGET COMMITTEE AND HAD INPUT, I YIELD TO THE CONGRESSMAN FROM THE FIRST DISTRICT OF MICHIGAN, MR. BERGMAN.

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                                            • 05:56:34 PM

                                              MR. BERGMAN

                                              THANK YOU, MR. SPEAKER. THANK YOU FOR LETTING ME SMILE AND TALK TO THE…

                                              THANK YOU, MR. SPEAKER. THANK YOU FOR LETTING ME SMILE AND TALK TO THE AMERICAN PUBLIC WITH THE WORDS OF CONSTITUENTS FROM MICHIGAN'S FIRST DISTRICT BECAUSE THESE ARE NOT MY WORDS. THESE ARE THEIR WORDS OVER THE LAST 2 1/2 MONTHS OR SO SINCE WE PASSED THE TAX CUTS AND JOBS ACT. YOU KNOW, IN NOVEMBER, 2016, THE GREAT PEOPLE OF MICHIGAN'S FIRST DISTRICT SENT ME TO WASHINGTON WITH THE DIRECT, YET SIMPLE MANDATE, GET WASHINGTON, D.C., OUT OF OUR POCKETS AND OFF OUR BACKS. THAT'S PRETTY SIMPLE INSTRUCTIONS. THE TAX CUTS AND JOBS ACT WAS THE FIRST MAJOR STEP TO ACCOMPLISHING THAT GOAL. SINCE WE PASSED TAX REFORM, I'VE TRAVELED THROUGHOUT MANY OF THE FIRST DISTRICT'S 32 COUNTIES TALKING WITH CONSTITUENTS, BUSINESS OWNERS, AND HEARING THEIR INDIVIDUAL STORIES. FARMERS, BUSINESSES, BOTH LARGE AND SMALL, AND FAMILIES ARE ALREADY SEEING THE BENEFITS THAT TAX REFORM BRINGS, AND WE'RE JUST GETTING STARTED. MANY OF THESE SMALL COMPANIES SAID, WELL, I DON'T KNOW YET BUT I GOT TO MEET WITH MY ACCOUNTANT IN THE MIDDLE OF APRIL AND THEN WE'LL SEE. NOW THEY'RE STARTING TO SEE. WAGE INCREASES, BONUSES AND EXPANSIONS ARE STARTING TO ROLL IN AND TAKE EFFECT AND IT'S LONG OVERDUE IN OUR NECK OF THE WOODS. AND WHEN I SAY OUR NECK OF THE WOODS, THAT'S NOT A FIGURATIVE STATEMENT, THAT IS A LITERAL STATEMENT. YOU KNOW, MANY FAMILIES IN OUR DISTRICT LIVE PAYCHECK TO PAYCHECK, AND EVEN A SMALL CRISIS COULD SEND THEM INTO A TAIL SPIN. AN EXTRA $100 OR $150 IN A PAYCHECK IN MY DISTRICT IS NOT CRUMBS. IT'S NOT ARMAGEDDON. IT'S A BIG PLUS. IT GIVES THAT FAMILY FLEXIBILITY TO LIVE ITS LIFE AND TO RAISE THEIR KIDS AND BE PROUD COMMUNITY WAGE-EARNING MEMBERS OF THAT COMMUNITY. THAT $1,000 A YEAR MAY MEAN A NEW SET OF SNOW TIRES. AND BY THE WAY, WE ONLY HAVE ROUGHLY -- A LITTLE OVER TWO WEEKS OF WINTER LEFT, BUT WE USE OUR SNOW TIRES UP THERE THROUGH ABOUT MID MAY. THAT'S JUST THE WAY IT WORKS. THAT MONEY MIGHT GO FOR THE KIDS TO PLAY ON A SPORTS TEAM. HOCKEY IS NOT A CHEAP SPORT TO PUT YOUR SON OR DAUGHTER IN. OR IT COULD BE SAVING UP IN THAT FAMILY'S RAINY DAY FUND. WE HEAR BUSINESSES GROWING, EXPANDING THEIR STAFF, RAISING THEIR WAGES, AS A RESULT OF A FAIRER, SIMPLER TAX CODE. YOU KNOW, WHEN I TALK TO SOME FOLKS THEY SAY, YOU KNOW WHAT, I DON'T MIND WORKING. I'M PROUD TO WORK. THE DIGNITY OF WORK IS WHAT MAKES ME STRONG AS AN INDIVIDUAL, WHAT MAKES ME STRONG AS A MOTHER OR A FATHER. AND THEY JUST THINK IN SOME WAYS IT'S JUST NOT FAIR IF YOU DON'T EARN YOUR WAGE. SO THERE'S A CERTAIN SENSE OF PRIDE THAT GOES ALONG WITH THAT. WE ALL KNOW THAT IF YOU'RE LOOKING FOR THANKS, RUNNING FOR OFFICE PROBABLY ISN'T THE FIELD OF WORK YOU SHOULD GET INTO. YET, EVERYWHERE I GO IN THE DISTRICT THESE LAST COUPLE OF MONTHS CONSTITUENTS HAVE BEEN COMING UP SAYING, THANK YOU. THEY DON'T KNOW WHO I AM. THEY JUST -- WE GOT TO TALKING AND THEY SAID, YOU'RE THE GUY ON TV. WELL, THANK YOU. YOU KNOW, FOR WHAT YOU DID. THANK YOU FOR PASSING TAX REFORM. JUST A FEW WEEKS AGO I WAS AT THE HOME DEPOT AND THE GENTLEMAN WHO WAS WORKING THERE PULLED ME ASIDE AND THAAD ME FOR GETTING -- THANKED ME FOR GETTING TAX REFORM DONE AND THAT ALLOWED HIM TO KEEP MORE OF HIS CHECK PLUS A SIZEABLE BONUS THAT WAS PAID BY HOME DEPOT. IN THE UPPER PENINSULA, U.S. SPECIAL DELIVERY GAVE ALL 200 EMPLOYEES $1,000 BONUSES AFTER TAX REFORM PASSED BECAUSE OF THE MONEY THAT THEY WILL SAVE AS A COMPANY ON THEIR TAXES THIS YEAR. . WHEN I WAS IN A BANK, THEY ANNOUNCED THEY ARE GIVING OUT NEW BONUSES. MANY MORE BONUSES ARE ADDING WORKERS AND EXPANDING. WE KNOW THIS IS JUST THE BEGINNING. AND AMERICANS EXPECT -- CAN EXPECT MUCH MORE IN THE DAYS AHEAD BECAUSE OF THE ENERGY THAT WE HAVE PUT INTO THE GROWTH OF OUR AMERICAN ECONOMY. YOU KNOW, MR. SPEAKER, THIS CONFIRMS THE VERY CORE BELIEFS THAT I HAVE AND CONSERVATIVES ALL THROUGHOUT THE COUNTRY BELIEVE IN. IF WE GET THE FEDERAL GOVERNMENT OFF OUR BACK WHERE IT'S NOT SUPPOSED TO BE AND OUT OF OUR POCKETS, WE WILL UNLEASH UNPRECEDENTED ECONOMIC POTENTIAL FOR THE CITIZENS OF OUR GREAT COUNTRY. AND I WOULD JUST CLOSE WITH ONE NOTE, AND THAT IS, I'M SCANDANAVIAN AND THERE IS A WONDERFUL FOOD THAT YOU CAN ONLY AFFORD AT THE HOLIDAYS AND I THINK MORE PEOPLE ARE ABLE TO AFFORD IT AND IT IS CALLED THE CRUMB CAKE AND IT'S DEBATE. AND I YIELD BACK.

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                                            • 06:02:09 PM

                                              MR. MITCHELL

                                              SPRING IN NORTHERN MICHIGAN SOONER THAN MID-MAY. I WANT TO WRAP UP BY…

                                              SPRING IN NORTHERN MICHIGAN SOONER THAN MID-MAY. I WANT TO WRAP UP BY TALKING ABOUT ALL MY COLLEAGUES SPOKE ABOUT, OUR PRINCIPLES. OUR PRINCIPLES WERE THAT PEOPLE THAT WORKED HARD TO KEEP MORE OF THEIR MONEY AND THEIR FAMILIES AND POCKETBOOKS SHOULD COME FIRST. AND WE HAVE ACHIEVED THAT. HOW DID WHICH ACHIEVE THAT. WE ALMOST DOUBLED THE STANDARD DEDUCTION FOR A FAMILY, MARRIED COUPLE, $24,000. $24,000 AND YOU PAY NO TAXES AND LOWERED THE INDIVIDUAL TAX RATES FOR ALL TAX BRACKETS AND SIMPLIFIED THE TAX CODE SO TAXPAYERS CAN FILE THEIR TAXES ON A POST CARD OF THIS SIZE. YOU DON'T NEED MULTIPLE PAGES AND HOPE YOU DON'T NEED AP WIZARD TO HELP YOU. AND INCLUDE THE W-2. AND EXPANDED THE CHILD TAX CREDIT FROM $1,000 TO $2,000 TO HELP PARENTS WITH THE COST OF RAISING THEIR CHILDREN AND WE MADE THAT AND FULLY REFUNDABLE UP TO $1,000 400, IF YOUR TAXES ARE SERO YOU GET A REFUND FOR $1,400. FOR TAXPAYERS THAT THE STANDARD DEDUCTION DID NOT WORK AS WELL, WE KEPT A NUMBER OF IMPORTANT DEDUCTIONS. CHILDHOOD DEDUCTION KEPT THAT. THE HOME INTEREST DEDUCTION, WE KEPT THAT. AND STATE AND LOCAL TAXES DEDUCTION. AND WHAT THAT MEANS IS FOR 95%, 98% OF MY FILERS, IF THEY FILL IT OUT, THEY ARE MUCH BETTER OFF. SINCE THE TAX REFORM BILL HAS PASSED, AS I STATED EARLIER, 400 COMPANIES IN 170 DAYS HAS GIVEN A PAY RAZOR BONUSES AND INCREASED 401K INCREASES. SOMETHING WE HADN'T THOUGHT ABOUT. REAL MONEY SAVED BY OUR CONSUMERS. FOUR MILLION PEOPLE HAVE RECEIVED A SPECIAL TAX BONUS RESULTING IN $3 BILLION. IN MICHIGAN, $180 BILLION. THAT IS REAL MONEY. IT IS NOT ECONOMIC ARMAGEDDON. I'M PROUD TO BE PART OF THE TAX CUTS AND JOBS ACT AND WILL CONTINUE WITH THIS EVERY WEEK THROUGH THE SUMMER TO SEND THE MESSAGE THAT WE ARE LOOKING OUT FOR THEIR PAYCHECKS AND WELL-BEING OF THEIR FAMILY. AND I YIELD BACK. THANK YOU VERY MUCH.

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                                            • 06:05:16 PM

                                              THE SPEAKER PRO TEMPORE

                                              UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 3, 2017, THE CHAIR…

                                              UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 3, 2017, THE CHAIR RECOGNIZES THE GENTLEMAN FROM FLORIDA, MR. SOTO, FOR 30 MINUTES.

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                                            • 06:05:32 PM

                                              MR. SOTO

                                              THANK YOU, MR. SPEAKER. TONIGHT I RISE FOR THE 92,000 DREAMERS IN THE…

                                              THANK YOU, MR. SPEAKER. TONIGHT I RISE FOR THE 92,000 DREAMERS IN THE STATE OF FLORIDA. TONIGHT, I RISE FOR THE 3.6 MILLION DREAMERS ACROSS THIS NATION. PRESIDENT TRUMP MAY HAVE TERMINATED THE DACA PROGRAM THIS WEEK, BUT THE DREAM WILL SURVIVE. THESE DREAMERS ARE SERVING IN OUR MILITARY. THEY ARE ARE OUR TEACHERS, THEY ARE STUDENTS AND BUSINESS OWNERS, LAWYERS, DOCTORS AND ENGINEERS. THEY ARE AN AMBITIOUS GROUP OF YOUNG PEOPLE WHO ARE RENEWING OUR DEMOCRACY AND WHO ARE SOME OF THE VERY BEST OF WHAT THE NEXT GENERATION HAS TO OFFER. AND I HAVE NO DOUBT DESPITE THIS TERMINATION THIS WEEK, THESE YOUNG PEOPLE WILL CONTINUE TO FIGHT. AND WE IN THE CONGRESSIONAL HISPANIC CAUCUS WILL STAND WITH THEM. WE IN THE DEMOCRATIC CAUCUS, WILL CONTINUE TO STAND WITH THEM. I HOPE SOME OF MY COLLEAGUES WHO HAVE SIGNED ON TO THESE BILLS WILL CONTINUE. BUT WE NEED A VOTE ON THE FLOOR. 70% OF AMERICANS ALREADY STAND WITH OUR DREAMERS. IT IS TRUE THAT THE FEDERAL COURTS THIS WEEK HAVE CONTINUED WITH THEIR INJUNCTION, ENJOINING THE TERMINATION OF THE DACA PROGRAM. THIS WILL HELP THOSE ALREADY IN THE PROGRAM. BUT THAT IS A SMALL FRACTION OF THE DREAMERS IN THIS COUNTRY. IT'S A SAD STATE OF AFFAIRS THAT DREAMERS COULD ONLY FIND JUSTICE IN OUR COURTS. THIS IS THE PEOPLE'S HOUSE. AND THE PEOPLE'S BUSINESS NEEDS TO BE DONE. IT'S TIME TO HAVE A VOTE ON THE FLOOR IN A BIPARTISAN FASHION, A CLEAN DREAM ACT NOW OR IN NOVEMBER, THE VOTERS WILL HAVE THEIR OWN VOTE REGARDING DREAMERS. IN HONOR OF WOMEN'S HISTORY MONTH, I WOULD LIKE TO HONOR SERETHA TINSLY WHO IS A TRAILBLAZER AND OVERACHIEVER AND FIRST AFRICAN-AMERICAN FEMALE TO GRADUATE FROM WESLEYAN COLLEGE IN 1971. SHE BECAME ONE OF THE FIRST BLACK FEMALE GENERAL MANAGERS IN RADIO. IN 2008, SHE BECAME THE FIRST AFRICAN-AMERICAN PRESIDENT OF THE WINTER HAVEN CHAMBER OF COMMERCE BOARD OF DIRECTORS. SHE IS AN ENTREPRENEUR, CIVIL SERVANT AND WIFE. SHE TOOK A TRIP TO WEST AFRICA AND VISITED SIX COUNTRIES AND STUDIED WITH EDUCATORS AND SHE BECAME AN EDUCATOR TO EMPOWER YOUNG LIVES WITH KNOWLEDGE. SHE WAS EXECUTIVE DIRECTOR AND CO-FOUNDER OF THE CHAIN OF LAKES ACHIEVERS, DEVOTED TO EMPOWERING YOUTH. SHE MAINTAINS HER PASSION FOR TEACHING BY MENTORING ON A DAILY BASIS. SHE TAKES PRIDE IN HELPING OTHERS. SHE IS THE OWNER OF SEVERAL FAMILY BUSINESSES, K.F.C., AND SHE OVERSEES ADMINISTRATIVE AND FIDUCIARY RESPONSIBILITIES. HER COMMUNITY SERVICE HAS EARNED HER NUMEROUS HONORS AND MEDIA COVERAGE. SHE IS INVOLVED WITH MULTIPLE ORGANIZATIONS. SHE IS A WINNER OF CHAMBER OF COMMERCE WINNER, AND FIRST BAPTIST TRUSTEE. AND POLK ADVISORY BOARD, PAST PRESIDENT OF THE NATIONAL COALITION OF NATIONAL BLACK WOMEN, POLK COUNTY CHAPTER. WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I WOULD LIKE TO HONOR LISA LANDERS. SHE SERVED IN THE EXECUTIVE DIRECTOR POSITION OF THE WINTER HAVEN HOUSING AUTHORITY. SHE LEADS IN THE OVERALL OPERATIONS OF THE AGENCY'S PUBLIC HOUSING, SECTION 8, LOW-INCOME TAX CREDIT. KNOWN FOR HER SPIRIT, LISA HAS BEEN RECOGNIZED FOR TRANSFORMING A ONCE NONPERFORMING TROUBLED AGENCY INTO ONE RECOGNIZED BY FLORIDA HOUSING OFFICIALS. PRIOR TO JOINING THE WHHA AS A VOLUNTEER, LISA CHOONGED RESEARCH ON INFANT MORTALITY FOR THE LATE GOVERNOR CHILES AT THEIR CENTER FOR HEALTHY MOTHER AND BABIES. MS. LANDERS IS A JOURNALIST FOR THE "TAMPA TRIBUNE." SHE IS DIRECTOR OF PUBLIC RELATIONS FOR THE SPRING OF TAMPA BAY, ONE OF FLORIDA'S LARGEST DOMESTIC VIOLENCE FACILITIES. MS. LANDERS HAS PURSUED ADVANCED STUDIES AT U.S.F. AND HOLDS THE EXECUTIVE DIRECTOR'S CERTIFICATION FROM RUTGERS' UNIVERSITY CENTER. MS. LANDERS IS A MEMBER OF THE WINTER HAVEN MEMBERSHIP CLASS OF 1935 AND SERVES AS A PUBLIC RELATIONS REPRESENTATIVE FOREVER THE FLORIDA ASSOCIATION OF HOUSING AND REDEVELOPMENT OFFICIALS AND SOUTH REGIONAL COUNCIL. AND IS CURRENTLY A MEMBER OF THE POLK LEADERSHIP CLASS 2011. LISA LANDERS, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I WOULD LIKE TO HONOR TUWANA DUBE ANY. SHE IS A PROPERTYOR OF A SALON AND HAS OPERATED IT FOR 13 YEARS AND CONSIDERS IT A VITAL RESOURCE TO THE COMMUNITY. AS A COMMUNITY ACTIVIST. SHE ADVOCATES FOR HIV-AIDS PREVENTION. HER SALON IS A TESTING SITE. SHE SERVES AS A LOCATION FOR VOTER OUTREACH, REGISTRATION AND SCHOOL SUPPLY DRIVES. CHILDREN WITHIN THE NEIGHBORHOOD UTILIZE HER AS A PLACE OF REFUGE AND PRIDES HERSELF AS A MENTOR TO YOUNG WOMEN. HER MINISTRY EXTENDS BEYOND HER LOCAL COMMUNITY AND HAS TOILET TRY DRIVES. SHE BEGAN PARK BEEN MUCH. ITEMS ARE THEN DONATED TO THE MISSION OF WINTER HAVEN AND USES HER SALON TO PROMOTE OTHER ENTREPRENEURS. IN 2010, SHE RECEIVED THE COMMUNITY SERVICE AWARD FROM AN ALUMNI ASSOCIATION AND BRING YOUR BUSINESS BACK AWARD FROM THE NAACP. IN 2011, SHE RECEIVED HER ASSOCIATE IN ARTS DEGREE AND BACHELOR OF APPLIED SCIENCE IN SUPERVISION MANAGEMENT. SHE IS AN USHER AND PRESIDENT OF THE AIDS MINISTRY AND AT HERETOFORE CHAPEL. IN 2014, RECIPIENT OF THE GIRLS KNOWS WHERE SHE IS GOING. IN 2015, SHE RECEIVED THE OUTSTANDING ENTREPRENEUR'S SELF-DETERMINATION AWARD PRESENTED BY JIMMY THOMPSON IN THE LAKELAND DISTRICT HE PASS COULD PAL CHURCH AND AWARD FOR OUTSTANDING AWARD FOR THE ACHIEVEMENT AWARD FROM THE LAKELAND AWARD. WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I WOULD LIKE TO HONOR GLENDA JONES. HUMILITY IS OFTEN FOUND IN THOSE WHO BEST SERVE OTHERS. SHE BEST PERSONIFIES THAT STATEMENT. FOR 45 YEARS, GLENDA HAS AND CONTINUES TO CHAMPION THE ELT DEERLY BY SEEKING TO EMPOWER THEM WITH KNOWLEDGE, SKILL AND RESOURCES THROUGH THE WINTER HAVEN NEIGHBORHOOD SERVICE CENTER. AND SHE PROVIDES CIVIC ENGAGEMENT. SHE SERVES HER COMMUNITY AND HAS BEEN RECOGNIZED FOR HER PARTICIPATION WITH A NUMBER OF ORGANIZATIONS IN OUR COMMUNITY. DEMRENDA WON WOMAN OF THE YEAR, HIGHEST HONOR IN WINTER HAVEN IN 2008 BANKER S' CUP AND INVOLVED WITH ST. JOSEPH'S SCHOOL BOARD AND BEAUTIFUL ORGANIZATION, A CHARTER MEMBER OF EAST CENTRAL DEMOCRATIC CLUB, SECRETARY FOR POLK COUNTY BLACK CAUCUS AND UNITED WAY BOARD OF DIRECTORS. SHE IS CURRENT MEMBER OF THE AGRICULTURAL AND LABOR PROGRAM BOARD OF DIRECTORS, PRIDE OF POLK COUNTY, THE WOMEN'S CLUB OF WINTER HAVEN AND CHAIR OF THE WINTER HAVEN DR. KING COMMISSION AS WELL. GLENDA HAS BEEN THE SPONSOR OF THE M.L.K. PARADE DURING KING WEEK AND CURRENT CHAIR OF THE C.R.A. IN THE CITY OF WINTER HAVEN AND PAST RECIPIENT OF THE WINTER HAVEN GIRLS SHE KNOWS WHERE SHE IS GOING AWARD. WE HONOR YOU. . I'D LIKE TO HONOR LAKESHA GUNTHER. SHE'S A HANE CITY NATE -- HANES CITY NATIVE. SHE'S CURRENTLY A TECHNICAL ASSISTANT OF INTEL. PRIOR TO HER CURRENT ROLE, SHE WAS THE GENERAL MANAGER OF CONSUMER DESK TOP SEGMENT MARKETING TEAM IN THE CLIENT COMPUTER GROUP. WHERE SHE WAS RESPONSIBLE FOR MAXIMIZING DESK TOP PROFITABILITY TO GROW THE DESK TOP P AND L. SHE'S AN ACTIVE MEMBER OF THE INTEL BLACK LEADERSHIP COUNCIL, INTEL'S NETWORK OF INTEL AFRICAN-AMERICANS AND WOMEN AT INTEL. LAKESHA STARTED FROM HUMBLE BEGINNINGS, GROWING UP IN A SINGLE PARENT HOUSEHOLD. HER LATE MOM, BARBARA GRIFFIN, ALWAYS DESCRIBED HER AS A CURIOUS CHILD. SHE IS A TRAILBLAZE WHO ARE HAS NEVER BEEN AFRAID TO -- TRAIL BLAZER WHO HAS NEVER BEEN AFRAID TO BE THE ONLY ONE. QUOTE, IF THEY LET ME IN THE DOOR I'M GOING TO MAKE THE ENTRANCE WIDER, SHE SAYS. AND SHE DOES JUST THAT BY SHARING HER TIME AND TALENTS WITH SEVERAL NONPROFITS, FOCUSED ON IMPROVING EDUCATIONAL OUTCOMES FOR HIGH SCHOOL DIPLOMAS FOR DROPOUTS AND UNDERPREPARED COLLEGE STUDENTS. SHE TRIES TO IMPRESS UPON KIDS THAT CHALLENGES ARE DESIGNED TO HELP THEM GROW. LA KEISHA EARNED AN -- LAKESHA LEARNED AN M.S. AND A BACHELOR OF SCIENCE DIEGO IN COMPUTER ENGINEERING FROM UNIVERSITY OF SOUTH FLORIDA. SHE ALSO EARNED HER PROJECT MANAGEMENT PROFESSIONAL CERTIFICATION. HER EFFORTS IN THE ENGINEERING CAREER FIELD AND THE COMMUNITY HAS GARNERED HER NATIONAL RECOGNITION. SHE RECENTLY WAS NAMED TO BUSINESS INSIDER'S LIST OF THE 26 MOST POWERFUL FEMALE ENGINEERS IN 2016. SHE WAS THE RECIPIENT OF THE SOCIETY OF WOMEN ENGINEERS PRISM AWARD FOR DEMONSTRATING OUTSTANDING CAREER TECHNOLOGY LEADERSHIP, AS WELL AS THE LEADERSHIP IN STEM AND IN THE COMMUNITY. FURTHER, SHE WAS NAMED TO DIVERSITY M.B.A. MAGAZINE'S 2014 LIST OF TOP 100 UNDER 50 DIVERSE EXECUTIVE LEADERS FOR HER TECHNOLOGY LEADERSHIP AND ACHIEVEMENTS AT INTEL AND THE COMMUNITY. AND FOR THAT, LAKESHA GUNTHER, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I'D LIKE TO HONOR GLORIA NEEK. MS. NEEK IS THE EXECUTIVE DIRECTOR OF THE CELEBRATION FOUNDATION AND HAS TACKLED SERIOUS ISSUES. IN 2012 THE CELEBRATION FOUNDATION LED THE EFFORT TO INCREASE AWARENESS OF THOSE EXPERIENCING HUNGER IN THE COUNTY BY CREATING OWES YOELA CONNECTED. THE GROUP BECAME VERY INVOLVED IN COMBATING CHILDHOOD HUNGER. TODAY OSEOLA CONNECTED PROVIDES FOOD TO OVER 1,000 OSEOLA COUNTY ELEMENTARY STULE STUDENT -- STUDENTS EVERY WEEK DURING THE SCHOOL YEAR. WHILE HANDING OUT BAGS OF FOOD OR TAKING CHILDREN TO SUMMER CAMP, GLORIA LEARNED THAT MANY GRADUATING SENIORS HAD NO POSTSECONDARY PLANS. ONCE SHE LEARNED THAT MOST STUDENTS NEVER EVEN VISITED A COLLEGE CAMPUS BEFORE, GLORIA AND HER COMMITTEE BEGAN SPONSORING CAMPUS TOURS OF TECHNICAL EDUCATION CENTER OSEOLA AND VALENCIA COLLEGE OSEOLA CAMPUS. THE FIRST YEAR JUST OVER 100 STUDENTS TOURED THE CAMPUSES. SINCE THEN, OVER 6,000 STUDENTS HAVE TOURED THE CAMPUSES, WHICH HAVE HELPED IMPROVE THE COUNTY'S COLLEGE-GOING RATE. EDUCATION IS ONE OF THE CORNER STONES OF THE FOUNDATION'S MISSION TO, QUOTE, TO WORK HAND IN HAND WITH OUR NEIGHBORS TO BUILD A STRONG COMMUNITY AND CARING CENTRAL FLORIDA COMMUNITY. GLORIA WAS CONCERNED ABOUT THE EFFECT OF MEDIA ON GIRLS AND YOUNG WOMEN. SHE CONVENED A GROUP OF TALENTED WOMEN AND THEY FORMED WINGS. WOMEN'S INITIATIVE NURTURING GIRLS' STRENGTH. THE GOAL IS TO HELP GIRLS AND WOMEN CREATE POWERFUL LIFE JOURNEYS. GLORIA ALSO GATHERED A GROUP OF ARCHITECTS AND URBAN PLANNERS WHO ARE COMMITTED TO PRESERVING, PROTECTING AND ADVANCING THE PRINCIPLES UPON WHICH CELEBRATION WAS BASED. THEY TEACH THAT LIFE LONG LEARNING, LEAD TOURS AND SPONSOR AN ANNUAL SPEAKER. THE CONCERT SERIES, IN ITS 16TH YEAR, IS ENJOYING ROBUST ATTENDANCE AND SPONSORSHIP. GLORIA HAS HELPED TO GROW THE SERIES IN WHICH OFFERS A CULTURAL RESIDENT OPPORTUNITY FOR FOLKS IN CELEBRATION. SHE'S ALSO BEEN INVOLVED WITH THRIVING IN PLACE AND LIFE LONG LEARNING, PROGRAMS THAT ENABLE SENIORS TO LIVE HEALTHY, SAFE, INDEPENDENT AND ENRICHED LIVES. AND FOR THAT, GLORIA NEEK, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I'D LIKE TO HONOR HEATHER WHICH WILLKY. HEATHER WHICH WILLKY IS THE EXECUTIVE -- WILKE. HEATHER WILKE IS THE EXECUTIVE DIRECTOR OF A COMMUNITY OF NETWORKS WHICH PROVIDE SERVICES TO LESBIAN, GAY, BISEXUAL, TRANSGENDER AND ALL YOUTH. FOLLOWING THE TRAGIC PULSE NIGHT CLUB SHOOTING, THE ZEBRA COALITION EVOLVED AS A LEADING ORGANIZATION IN THE COMMUNITY'S PROVISIONS OF SERVICES TO VICTIMS AND THEIR FAMILIES. AND WILKE CONTINUES TO LEAD THESE EFFORTS TO ENSURE THE LGBT Q -- LGBTQ-PLUS YOUTH IN CENTRAL FLORIDA HAVE A SAFE PLACE TO TURN. SHE SERVES ON THE TASK FORCE FOR THE LGBTQ YOU A LINES, A GROUP OF APPOINTED LGBTQ ORGANIZATIONS AND COMMUNITY LEADERS FORMED TO ADDRESS OUR COMMUNITY'S NEEDS AS A RESULT OF THE PULSE SHOOTING. SHE IS AN EXPERIENCED EXECUTIVE LEADER IN THE NONPROFIT SECTOR WITH OVER 13 YEARS OF PERSONAL COMMITMENT AND DEDICATION TO COMMUNITY SERVICE. A DYNAMIC AND ENERGETIC ADVOCATE FOR GLOBAL CHANGE AND EQUALITY, WILKE CONTRIBUTES A STRONG PASSION FOR SOCIAL JUSTICE. PRIOR TO JOINING THE ZEBRA COALITION, WILKE SERVES AS CHIEF OPERATING OFFICER FOR THE LEADING CENTRAL FLORIDA DOMESTIC VIOLENCE ORGANIZATION, HARBOR HOUSE. DURING THAT TIME, SHE CHAIRED THE LGBT-PLUS CAUCUS WITH THE COALITION AGAINST DOMESTIC VIOLENCE, WHERE SHE LED THE STATE-WIDE INITIATIVE TO ENHANCE SERVICES FOR THE LGBTQ SURVIVORS OF ABUSE. WILKE HOLD AS MASTER'S DIEGO IN MENTAL HEALTH COUNSELING FROM ROLLINS COLONEL. AND FOR THAT WE HONOR YOU, HEATHER WILKE. -- COLLEGE. AND FOR THAT WE HONOR YOU, HEATHER WILKE. I'D LIKE TO HONOR MARY DOWNEY. REVEREND MARY LEE DOWNEY IS THE EXECUTIVE DIRECTOR AND FOUNDER OF THE NONPROFIT COMMUNITY HOPE CENTER. THE COMMUNITY HOPE CENTER IS A ONE-STOP-SHOP PROVIDING SERVICES TO THE HOMELESS AND DISENFRANCHISED IN OSEOLA COUNTY. IN 2016 THE COMMUNITY HELP SENT -- HOPE CENTER WAS AWARDED THE PRESTIGIOUS BANK OF AMERICA NEIGHBORHOOD BUILDERS AWARD AND IN 2015 THE BOB ALLEN AWARD BY WALT DISNEY WORLD FOR INNOVATIVE APPROACHES TO HELPING THE HOMELESS IN COMMUNITY. IN THE LAST FIVE YEARS, THE COMMUNITY HOPE CENTER HAS SERVED OVER 25,000 INDIVIDUALS IN THE CENTRAL FLORIDA AREA. THE CENTER FOCUSES ON HOUSING FIRST. MODEL OF CARE. WHILE ALSO INCLUDING A STRONG POSITION REGARDING POVERTY ALLEVIATION. REVEREND DOWNEY'S A DEACON AT THE UNITED METHODIST CHURCH FOR THE FLORIDA ANNUAL CONFERENCE. HER FOCUS IS ON MISSIONAL OUTREACH THROUGH SOCIAL JUSTICE IN THE NONPROFIT ORGANIZATIONS. SHE IS ALSO A CLERGY AT THE SPRING OF LIFE UNITED METHODIST CHURCH. PREVIOUSLY MARY SERVED AS THE DEPUTY DIRECTOR OF HELPING OTHERS MAKE THE EFFORT. HOME, A NONPROFIT COMMITTED TO ENDING HOMELESSNESS IN OSEOLA COUNTY. SHE WAS ALSO THE PROGRAM DIRECTOR FOR THE UNITED -- FIRST UNITED METHODIST CHURCH OF KISSIMMEE, WHERE SHE FOCUSED ON SPIRITUAL FORMATION, OUTREACH AND MISSIONS. BEFORE MOVING TO CENTRAL FLORIDA, MARY WAS A JOURNALIST. IN 2004 MARY EXTRAED -- GRADUATED KLUM LAUD -- CONSUME LAUDY IN ARKANSAS WITH A BACHELOR OF ART IN MASS MEDIA. IN 2016 SHE GRADUATED FROM HENDERSON STATE WITH A MASTER OF ART IN ART HISTORY AND LIBERAL ARTS. AND IN 2012 MARY GRADUATED WITH A MASTER'S OF CHRISTIAN LEADERSHIP, WITH BE A EMPHASIS IN MISSIONS -- WITH AN EMPHASIS IN MISSIONS FROM THEOLOGICAL SEMINARY. MARY AND HER AMAZING HUSBAND, MARTIN, HAVE THREE CHILDREN. SHE ENJOYS WRITING, PREACHES AND READING. AND IN HER FREE TIME YOU CAN FIND HER AND FAMILY ENJOYING THE THEME PARKS IN CENTRAL FLORIDA. AND FOR THAT, MARY DOWNEY, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I'D LIKE TO HONOR SHERRY MORTEN. FOR OVER A HALF A CENTURY, SHERRY MORTEN HAS VOLUNTEERED FOR PROGRESSIVE CAUSES. FROM THE PEACE, CIVIL RIGHTS AND WOMEN'S MOVEMENTS IN THE 1960'S, TO VOTING, EQUAL RIGHTS AND QUALITY, AFFORDABLE HEALTH CARE, MS. MORTEN HAS VOLUNTEERED TENS OF THOUSANDS OF HOURS TO HELP IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN OUR COMMUNITY, OUR COUNTRY AND OUR WORLD. MS. MORTEN BEGAN VOLUME TEERING AS A TEENAGER AND CONTINUED -- VOLUNTEERS AS A TEENAGER AND CONTINUED DOING SO IN HER UNDERGRADUATE YEARS, WHEN SHE WAS THE FIRST WOMAN FROM HER HIGH SCHOOL TO ATTEND HARVARD COLLEGE. SHE EARNED A MASTER'S DIEGO AT HARVARD GRADUATE SCHOOL -- DEGREE AT HARVARD GRADUATE SCHOOL WHERE SHE LATER WORKED. AFTER RECEIVING HER G.E.D., SHE BECAME AN ATTORNEY AND IS NOW RETIRED. SHE'S HELD NUMEROUS VOLUNTEER POLITICAL POSITIONS, AS WELL AS SERVED ON THE OSEOLA COUNTY LIBRARY ADVISORY BOARD. A LIFE LONG SUPPORTER OF QUALITY, AFFORDABLE HEALTH CARE FOR ALL AMERICANS, SHE WAS A LOCAL VOLUNTEER SPOKESPERSON, ENCOURAGING ENROLLMENT IN THE AFFORDABLE HEALTH CARE HEALTH INSURANCE EXCHANGES. MS. MORTEN'S VOLUNTEER WORK HAS RANGED FROM TEACHING ENGLISH TO IMMIGRANTS AND TUTORING A BLIND STUDENT IN HIGH SCHOOL MATH TO COLLECTING FOOD FOR APPALACHIA'S NEEDY AND WARM CLOTHES FOR THE HOMELESS. CURRENTLY SHE REGULARLY VOLUNTEERS, HOSTING JEWISH CULTURAL EVENTS FOR THE RESIDENTS OF A LOCAL ASSISTED LIVING FACILITY. AFTER A HALF A CENTURY OF VOLUNTEERING, MS. MORTEN'S DEDICATION TO IMPROVING THE LIVES OF OTHERS CONTINUES UNABATED. AND FOR THAT, SHERRY MORTEN, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I'D LIKE TO HONOR KATHLEEN PLINSKY. KATHLEEN SERVED AS CAMPUS PRESIDENT OF THE OSEOLA, LAKE KNOWNA AND OTHER CAMPUSES AT VALENCIA COLLEGE IN ORLANDO, FLORIDA, AND IN CENTRAL FLORIDA. SHE HAS SERVED AS AN ADVOCATE FOR INCREASING ACCESS TO HIGHER EDUCATION IN HISTORICALLY UNDERSERVED COMMUNITIES AND HAS BEEN INSTRUMENTAL IN OSEOLA COUNTY'S GOT COLLEGE EFFORTS, WHICH HAVE RESULTED IN AN INCREASE IN THE COMMUNITY COLLEGES GOING RATE BY MORE THAN 20% OVER THE LAST FIVE YEARS. PRIOR TO JOINING VALENCIA IN 2010, KATHLEEN BEGAN HER CAREER AS MCHENRY COUNTY COLLEGE, RISING UP TO ULTIMATELY BECOME INTERIM PRESIDENT OF INSTITUTIONAL EFFECTIVENESS. A GRADUATE OF ILLINOIS MATHEMATICS AND SCIENCE ACADEMY, KATHLEEN ATTENDED INDIANA UNIVERSITY-BLOOMINGTON AS A HERMAN B. WELL SCHOLAR. EARNING A BACHELOR OF ARTS IN SPANISH AND PHYSICS, WITH HIGHEST DISTINCTION AND HONORS. A MEMBER OF THEIFY BETA KAPPA, SHE COMPLETED A MASTER OF ARTS IN SPANISH FROM ROOSEVELT UNIVERSITY, A DOCTORATE IN EDUCATION TECHNOLOGY FROM PEPPER DINE UNIVERSITY, AND A MASTERS OF BUSINESS ADMINISTRATION FROM THE UNIVERSITY OF FLORIDA. ACTIVELY INVOLVED IN HER COMMUNITY, KATHLEEN HAS SERVED AS A BOARD CHAIR OF THE EDUCATION FOUNDATION OF OSEOLA COUNTY, AND AS PRESIDENT OF THE ROTARY CLUB OF LAKE NONA. SHE'S ALSO SERVED ON THE BOARD OF CAREER SOURCE CENTRAL FLORIDA, THE O SEMBINGS OLA CENTER FOR -- OSEOLA CENTER FOR THE ART, JUNIOR ACHIEVEMENT OF OSEOLA COUNTY, AND THE LAKE NONA EDUCATION COUNCIL. IN 2010 SHE WAS RECOGNIZED AS ONE OF 24 EMERGING LEADERS IN THE WORLD BY PHI DEALTA KAPPA. IN 2012 SHE WAS NAMED WOMAN OF THE YEAR BY ORLANDO BUSINESS JOURNAL AND ITS 40 UNDER 40 COMPETITION, AND THE OUTSTANDING YOUNG ALUMNI BY INDIANA UNIVERSITY. IN 2014, SHE RECEIVED THE COMPADRY REWARD FROM THE HISPANIC BUSINESS COUNCIL OF THE KISSIMMEE-OSEOLA CHAME BEFORE HE COMMERCE AND THE HISPANIC COMMUNITY CHAMPION AWARD FROM THE HISPANIC CHAMBER COMMERCE OF METRO ORLANDO. SHE WAS SELECTED AS ANS A PIN PRESIDENTIAL FELLOW IN 2016 AND WAS NAMED PEPPERDINE UNIVERSITY'S DISTINGUISHED ALUM IN A IN 2017. AND FOR THAT, KATHLEEN PLINSKY, WE HONOR YOU. IN HONOR OF WOMEN'S HISTORY MONTH, I'D LIKE TO HONOR KATHY WANDELL. KATHY COMES FROM A CAREER IN TRANSPORTATION, WHICH FOCUSED ON SALES, OPERATION AND TRAINING. UPON HER RETIREMENT, SHE AND HER HUSBAND RELOCATED FROM TEXAS TO CENTRAL FLORIDA. SHE SERVED ON THE BOARD OF DIRECTORS FOR THE SENIOR RESOURCE ALLIANCE, THE AREA AGENCY FOR AGING FOR CENTRAL FLORIDA, REPRESENTING OSEOLA COUNTY AND WAS BOARD CHAIR FOR THREE YEARS. SHE ALSO DELIVERED MEALS ON WHEELS FOR THE OSEOLA COUNTY COUNCIL ON AGING. SHE BECAME A VOLUNTEER GUARDING, HELPING TO PROVIDE A POWERFUL VOICE IN COURT ON BEHALF OF FLORIDA'S ABUSED, NEGLECTED AND ABANDONED CHILDREN IN 2003. SHE WAS SOON INVITED TO JOIN THE LOCAL NONPROFIT FOR THE GUARDIAN AD LIETUM PROGRAM IN OSEOLA COUNTY. VOICES FOR OSEOLA'S CHILDREN, WHERE SHE'S SERVING AS BOARD CHAIR. THIS NONPROFIT SUPPORTS THE EFFORTS OF OVER 200 CERTIFIED LOCAL VOLUNTEER G.A.L.'S AS WELL AS PROVIDES FOR THE UNMET NEEDS OF OVER 500 LOCAL CHILDREN, WHILE THEY ARE UNDER THE SUPERVISION OF THE COURT DEPENDENCY SYSTEM. . SHE IS A MEMBER OF THE ROTARY CLUB IN OSCEOLA COUNTY AND CONTINUES TO SUPPORT THE FUNDRAISING EFFORTS INCLUDING THE ADOPT THE PRECINCT. SHE FINDS THE ROTARY IDEA A WONDERFUL WAY TO MEET NEW PEOPLE WHO SHARE THE IDEAL AND WORK TO GIVE BACK TO THE COMMUNITY. AND FOR THAT, KATHY, WE HONOR YOU. WITH THAT, MR. SPEAKER, I YIELD BACK.

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                                            • 06:31:22 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. UNDER THE SPEAKER'S…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 3, 2017, THE CHAIR RECOGNIZES THE GENTLEMAN FROM IOWA, MR. KING, FOR 30 MINUTES.

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                                            • 06:31:36 PM

                                              MR. KING

                                              THANK YOU, MR. SPEAKER. IT'S MY PRIVILEGE TO HAVE THE OPPORTUNITY TO…

                                              THANK YOU, MR. SPEAKER. IT'S MY PRIVILEGE TO HAVE THE OPPORTUNITY TO ADDRESS YOU HERE ON THE FLOOR OF THE UNITED STATES HOUSE OF REPRESENTATIVES AND PEOPLE LISTENING TO WEIGH HELPFULLY SOME OF THE REMARKS THAT WILL BE MADE DURING THIS HALF HOUR. I COME TO THE FLOOR TONIGHT, MR. SPEAKER, TO ADDRESS THE SITUATION OF INNOCENT UNBORN HUMAN LIFE IN AMERICA AND RECOUNT THE PATH THAT WE HAVE FOLLOWED AND TO LAY OUT A PATH FOR THE FUTURE THAT GIVES US A BETTER OPPORTUNITY TO SAVE AS MANY LIVES AS POSSIBLE. FOR ME, MR. SPEAKER, I RECALL WHEN 1973 ROLLED AROUND, JANUARY 22, 1973 AND ON THAT DATE WE HAD TWO MAJOR DECISIONS THAT CAME DOWN FROM THE UNITED STATES SUPREME COURT, ROE VERSUS WADE AND DOUGH VERSUS BOLTON AND OF THOSE TWO CASES THAT DROPPED ON US, IN JANUARY OF 1973, NOT VERY MANY PEOPLE, IF ANY, UNDERSTOOD THE MAGNITUDE OF THE DECISIONS THAT MADE THAT DAY OR THE IMPACT IT WOULD HAVE ON THE POPULATION OF THE UNITED STATES OF AMERICA OR DID THEY BELIEVE THAT WE WOULD SEE 45 YEARS OF PRO-LIFE MARCH I.R.S. COMING IN THE MIDDLE OF THE WINTER AND SOMETIMES MARCHING FROM THE SNOW FROM THE MALL UP TO THE UNITED STATES SUPREME COURT BUILDING CALLING UPON THE SUPREME COURT TO CORRECT THE DECISION THAT WAS MADE BY AN ACTIVIST IN 19P 3. THE BOTTOM LINE WAS THAT AN ABORTION WAS ESSENTIALLY DECLARED TO BE, SOME WOULD SAY, A CONSTITUTIONAL RIGHT FOR ANY REASON OR NO REASON AT ALL, IF YOU WANT TO PARS THE PHRASES. AND OF COURSE, AND FOR ME, I DIDN'T REALIZE IN 1973, THE IMPACT OF THIS. BUT BY 1976, WHEN MY FIRST SON WAS BORN, I REMEMBER HOLDING HIM IN MY HANDS AND LOOKING AT DAVID STEVEN KING, UNDERSTANDING THE MIRACLE OF LIFE AND THE MIRACLE OF BIRTH AND THINKING WITHIN THAT FIRST HOUR OF LIFE, HOW COULD ANYONE TAKE HIS LIFE, THIS MIRACLE CHILD WITH DARK HAIR AND BLUE EYES AND SQUIRMING, BUT A MIRACLE AND I THOUGHT HOW COULD ANYONE TAKE HIS LIFE NOW, HE IS AN HOUR OLD OR A MINUTE BEFORE HE WAS BORN OR AN HOUR BEFORE HE WAS BORN OR A DAY OR A WEEK OR A MONTH OR A TRIMESTER. WHEN COULD YOU DECIDE THAT THIS CHILD'S LIFE COULD BE ENDED AND DO SO WITHIN A MORAL FRAMEWORK RATHER THAN IN A FRAMEWORK OF SELF-INTEREST. I CONCLUDED THERE WAS ONLY ONE INSTANCE. WE HAVE TO CHOOSE THAT MOMENT WHEN LIFE BEGINS. AND IT IS THE MOMENT OF CONCEPTION. I KNEW IT IN 1976. I'M SURE I KNEW IT BEFORE THEN BUT I HADN'T THOUGHT ABOUT IT. WE KNOW BY THE BENEFIT OF ULTRASOUND, WE ARE WATCHING LITTLE BABIES SQUIRM AROUND IN THE WOMB, STRETCH AND TRY TO TALK AND THEY BELL MUCH AND DO ALL THOSE THINGS THEY DO INSIDE THE WOMB. IT IS LIFE. IT IS LITTLE FEET, LITTLE TOES, LITTLE BABIES THAT ARE DEFENSELESS. AND THIS CONGRESS HAS ALLOWED A SUPREME COURT TO IMPOSE AN ABORTION ON DEMAND IN AMERICA AND WE WORKED TO PUT TOGETHER VERY FEW LIMITATIONS ON THAT ABORTION ON DEMAND AND I DON'T THINK WE HAVE DONE ENOUGH EITHER TO AMERICA THAT LIFE BEGINS AT THE MOMENT OF CONTRACEPTION. BUT ULTRASOUND HAS SHOWN MILLIONS OF US THAT LIFE DOES EXIST INSIDE THE WOMB. AND EVEN WITH A TRABS ABDOMINAL ULTRASOUND, WE CAN VERIFY A HEARTBREAK FROM CONCEPTIONS, SEVEN TO EIGHT WEEKS AND FORMED BY THEN WITH A BEATING HEART. AND WE KNOW OF THOSE BABIES THAT HAVE A DETECTIBLE BEATING HEART, 95% OF THOSE BABIES WILL EXPERIENCE A SUCCESSFUL BIRTH. SOME SAY MORE. 95% OF THEM OR MORE ARE DESTINED TO EXPERIENCE A SUCCESSFUL BIRTH, BUT YET, THE MOST DANGEROUS PLACE FOR A BABY IS IN THAT MOTHER'S WOMB. THE MOST DANGEROUS PLACE. BECAUSE OUR HEARTS ARE HARDENED BY A SUPREME COURT DECISION THAT THERE IS NO CHANGING. WE HAVE TO ACCEPT THE CONSEQUENCES OF 60 MILLION BABIES BEING ABORTED. THERE IS A HOLE IN THE POPULATION OF AMERICA, 60 MILLION BABIES STRONG. SOME OF THOSE WOULD BE MOTHERS BY NOW. AND IF YOU DO THE MATH, AS PERHAPS AS ANOTHER 60 MILLION BABIES ARE MISSING 120 MILLION AMERICANS THAT WOULD HAVE BEEN BORN IN THIS COUNTRY AND HAD THE OPPORTUNITY TO LIVE, LOVE, TO LAUGH, TO LEARN, TO WORSHIP, TO BE MOTHERS OR FATHERS OF THEIR OWN. THAT'S WHAT WE ARE ASKING, WITH 170 CO-SPONSORS ON THE HEARTBEAT BILL. AND ONE OF THE CO-SPONSORS, THE GENTLEMAN WHO IS THE CONSERVATIVE FROM CALIFORNIA, MR. DOUG LAMALFA AND I YIELD TO HIM AS MUCH TIME AS HE WOULD LIKE TO CONSUME.

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                                            • 06:38:11 PM

                                              MR. LAMALFA

                                              I'M PLEASED TO JOIN MY COLLEAGUE MR. KING, WHO HAS BEEN A LEADER ON THIS…

                                              I'M PLEASED TO JOIN MY COLLEAGUE MR. KING, WHO HAS BEEN A LEADER ON THIS ISSUE AND MANY IMPORTANT WUBS FOR CONGRESS AND OUR COUNTRY AND I THANK YOU FOR LETTING ME BE HERE TONIGHT. OBVIOUSLY, IT IS AN IMPORTANT ISSUE THAT WE NEED TO HAVE A MUCH BETTER DISCUSSION THAN WE HAVE HAD IN A LONG TIME. THE MORAL IS SIMPLY TO UNDERSTAND. IF A PHYSICIAN PERFORMS AN ABORTION AFTER DETECTING A HEARTBEAT OTHER THAN TO SAVE THE LIFE OF A MOTHER, IT IS AGAINST THE LAW. NOW MR. KING WAS SPEAKING ABOUT, A MOMENT AGO, TO ANYBODY THAT USES COMMON SENSE, LIFE BEGINS AT CONCEPTION. YOU HAVE A LIFE. IF YOU DON'T HAVE THE CONCEPTION, OBVIOUSLY, YOU DON'T HAVE A LIFE. SO HOW IS IT IT IS EVEN A DEBATE. HOW DO PEOPLE HIDE ON THE SHADOWS. WELL, IS IT A LIFE. WHAT IS THE LINE? AND THAT IS AN IMPORTANT POINT THAT MR. KING MADE AS WELL, WITH ALL THE DIFFERENT IDEAS OF WHEN IS AN ABORTION APPROPRIATE. WE HAVE THE 20-WEEK MARK. WE HAVE THE END OF THE FIRST TRIMESTER, END OF THE SECOND TRIMESTER. PEOPLE ARE TALKING ABOUT PARTIAL BIRTH ABORTION NOT BEING A PROBLEM AND EVEN EXTREME QUARTERS, SOME PEOPLE ARE SAYING POST HEIST BIRTH IS AN ACCEPTABLE WAY THAT IT ISN'T A PERSONAL RIGHT. BUT WE ARE TALKING ABOUT A MUCH NARROWING THING HERE, THE HEARTBEAT BEING A TRUE DETECTIBLE MOMENT OF LIFE. WHEN PERSPECTIVE MOTHERS GO IN IT IS A VERY MOMENT FOR SHE AND HER MATE THERE WITH HER TO SEE WHAT'S GOING ON INSIDE THERE, WITH ALL THE LITTLE BABY PARTS THAT ARE BEING FORMED AND THE MIRACLE THAT LIFE IS. BUT IT IS A TELLING MOMENT WHEN THAT PERCENT PERFECT TIFFER MOTHER CAN HEAR THAT HEARTBEAT. THAT IS WHAT IS SO IMPORTANT HAVING THE TOOL OF THE ULTRASOUND TO SHOW WHAT IS REALLY GOING ON HERE, FOR THOSE WHO ARE TRYING TO OBJECT FEW SKATE WHAT IS GOING ON WITH THE PREGNANCY AND LET THAT MOTHER MAKE AN INFORMED DECISION AND NOT ONE FORMED BY, OH, IT'S A TISSUE MASS. THE CRIME ABOUT THIS IS THAT A LOT OF THESE WOMEN ARE NOT BEING ALLOWED TO MAKE AN INFORMED DECISION ABOUT WHAT IS GOING ON. THIS HEARTBEAT THAT MR. KING IS CHAMPIONING IS AN IMPORTANT MOMENT IN TIME FOR A PERSPECTIVE MOM AND HER MATE TO BE ABLE TO HAVE AN INFORMED DECISION AND REALLY CONTEMPLATE THIS LIFE THAT IS HAPPENING. AND THE DOWNSIDE WHAT THAT ABORTION MIGHT MEAN. SO, INDEED, IS IT NOT A CRIME TO MURDER A HUMAN BEING WITH A HEARTBEAT? IT REALLY SHOULDN'T BE DIFFERENT FOR BABIES YET TO BE BORN. ARGUABLY, SINCE THEY ARE INNOCENT, ISN'T IT MORE IMPORTANT TO PROTECT THEIR RIGHTS, BECAUSE THEY DON'T HAVE SOMEONE TO SPEAK FOR THEM EXEPS FOR THOSE WHO REALIZE, AN INNOCENT LIFE WITH A HEARTBEAT THAT WOULD WALK AMONGST THE REST OF OUR HUMANS WITH DIGNITY, PASSION AND IDEAS AND DREAMS. THAT'S WHAT WE ARE DEFENDING HERE. SO, IT REALLY MYSTIFIES ME HOW LEGISLATION IS SO DIFFICULT TO MOVE THROUGH THIS BODY, THE SENATE, THE CONGRESS AS A WHOLE OR STATE LEGISLATURES OR OTHER TYPES OF BILLS WE HAVE TRIED TO PRESERVE THE VALUE OF LIFE. IF WE ARE NOT A COUNTRY THAT IS NOT GOING TO VALUE LIFE IN ALL OF ITS HUMAN FORMS AND THEN, REALLY, WHAT ARE WE? OUR FOUNDERS PLACED A GREAT VALUE OF THOSE LITS THAT FORMED THIS GREAT COUNTRY. IN GOD WE TRUST. I THINK GOD WATCHES US WHAT WE DO HERE AND HE IS WATCHING WHAT IS HAPPENING WITH THESE BABIES AND WANT US TO KNOW THE TRUTH AND BE ABLE TO PROJECT THANKING TRUTH AND WHAT IS GOING WITH THE PREGNANCY WITH THOSE WHO ARE CON TEMPERATURE TEMPLATING A DIFFICULT DECISION. THIS BILL WILL SHED THE LIGHT ON A QUANTIFIABLE MOMENT, WHEN THERE IS A DETECTED HEARTBEAT, THAT SHOULD BE A REALITY MOMENT. AND I THINK MORE TIMES THAN NOT, THE PERSPECTIVE MOTHER WILL MAKE A DECISION FOR LIFE GIVEN THAT. I COMMEND MY COLLEAGUE, MR. KING FOR BATTLING THIS. FOR THOSE WHO HAVE LOST THEIR LIVES. SO MANY MILLIONS OF TIMES IN THE PAST AND HAD NOBODY TO DEFEND THEM. BUT THE MOMENTUM WHICH YOU ARE BUILDING ON THIS EFFORT, SO MANY PRO-LIFE EFFORT AND LEGISLATORS THAT ARE ON BOARD WITH THIS, WE NEED NATIONAL GROUPS TO GET INVOLVED AND NOT SEE FOG BUT SEE THE CLEAR PATH THAT THIS IS. SO I IMPLORE PEOPLE TOLL CONTACT YOUR LEGISLATORS AND THE ORGANIZATIONS THAT ARE SUPPOSED TO BE STANDING FOR LIFE AND GET ON BOARD BECAUSE THE HEARTBEAT IS A TRUE INDICATION OF LIFE. .

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                                            • 06:44:54 PM

                                              MR. KING

                                              I THANK THE GENTLEMAN. HE GIVES ME CREDIT. AS I MEASURE HUMILITY, I WAS…

                                              I THANK THE GENTLEMAN. HE GIVES ME CREDIT. AS I MEASURE HUMILITY, I WAS ASKED ABOUT EARLIER TODAY, I WOULD QUOTE TRENT FRANKS. HE ALWAYS SAID, FUNNY THING ABOUT HUMILITY. ABOUT THE TIME YOU THINK YOU'VE ACHIEVED IT, YOU'VE LOST IT. AND MR. LAMALFA IS A SOLID PRINCIPLED CONSERVATIVE AND THE EFFORT THAT WE'VE HAD AS THE WHIP TEAM THAT'S GONE OUT AND PULLED TOGETHER 170 CO-SPONSORS ON THIS BILL, HAS HELPED SET THE STAGE FOR A PATH THAT I BELIEVE SOON WILL BE TO THE FLOOR OF THE HOUSE OF REPRESENTATIVES AND LET'S PUT THE HEART BEAT BILL OVER ON MITCH MCCONNELL'S DESK. THAT'S A GOOD PLACE FOR A LOT OF GOOD THINGS TO HAVE A CHANCE TO HAPPEN. EVEN THOUGH THEY ARE A LITTLE SLOWER MOVING OVER THERE THAN WE ARE OVER HERE. ONE OF THE NIMBLE FOLKS THAT HAS BEEN ACTIVELY ENGAGED IN THE PRO-LIFE MOMENT, AND THE HOUSE OF REPRESENTATIVES, MR. LAMBORN OF COLORADO. AND I'D BE HAPPY TO YIELD AS MUCH TIME AS HE MAY CONSUME TO THE GENTLEMAN FROM COLORADO, DOUG LAMBORN.

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                                            • 06:45:52 PM

                                              MR. LAMBORN

                                              THANK YOU, CONGRESSMAN KING. I WANT TO RECOGNIZE AND APPRECIATE YOU FOR…

                                              THANK YOU, CONGRESSMAN KING. I WANT TO RECOGNIZE AND APPRECIATE YOU FOR YOUR ENDLESS AND TIRLSE LEADERSHIP AND REMINDING -- TIRELESS LEADERSHIP AND REMINDING US OF THE HUMANITY OF THE UNBORN. I AM A PROUD CO-SPONSOR OF THE HEART BEAT PROTECTION ACT. I'M ONE OF THE 170 THAT HAVE STEPPED FORWARD TO SUPPORT THIS MUCH-NEEDED PIECE OF LEGISLATION. YOU KNOW, THE DEVELOPMENT OF AN UNBORN BABY IS TRULY MIRACULOUS. AROUND SIX TO EIGHT WEEKS YOU CAN DETECT THROUGH ULTRASOUND THE HEART BEAT OF THE LITTLE CHILD INSIDE THE MOTHER'S WOMB. SIX TO EIGHT WEEKS. SO, I DON'T SEE HOW PEOPLE CAN DENY THAT AN ABORTION IS THE TAKING OF A HUMAN LIFE. SO, HOW MANY LIVES WOULD WE SAVE IF WE REMEMBERED THAT SIMPLE FACT? WHAT IF INSTEAD OF RUSHING TO ABORTION, WHICH SOME PEOPLE THINK IS THEIR ONLY OPTION, WE INSTEAD TURNED OUR ATTENTION TO ADDRESSING PRACTICAL NEEDS? THE NEEDS OF A WOMAN FACING A PREGNANCY DECISION. WHAT IF WE EMPOWERED WOMEN TO CARRY AND RAISE THEIR CHILD? OR WHAT IF WE DID EVERYTHING WE COULD TO PROMOTE A STABLE AND HAPPY LIFE FOR THE CHILD THROUGH ADOPTION? AMERICA WAS BUILT ON THE PRINCIPLE THAT LIFE IS A GOD-GIVEN GIFT AND HERE IN CONGRESS IT IS OUR DUTY TO PROTECT HUMAN LIFE AT ALL STAGES. AND I WILL CONTINUE TO DO SO. I KNOW REPRESENTATIVE KING, YOU WILL CONTINUE TO DO SO. I THANK YOU FOR YOUR LEADERSHIP AND I'M GLAD THAT I CAN SUPPORT YOU WITH THIS WONDERFUL PIECE OF LEGISLATION. AND I YIELD BACK.

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                                            • 06:47:24 PM

                                              MR. KING

                                              THE GENTLEMAN RETURNS HIS TIME AND RECLAIMING IT, I THANK THE GENTLEMAN…

                                              THE GENTLEMAN RETURNS HIS TIME AND RECLAIMING IT, I THANK THE GENTLEMAN FROM COLORADO FOR COMING TO THE FLOOR, TO MAKE SUCH A STRONG MESSAGE HERE ON THE SANCTITY OF HUMAN LIFE. WHEN I THINK ABOUT THAT HEART BEAT, A HEART BEAT IS A CERTAIN INDICATOR OF LIFE. THAT IF THE BABY HAS A BEATING HEART, WE KNOW THAT THAT BABY IS ALIVE. AND THAT STATISTICALLY SPEAKING, THAT 95% OR MORE OF THOSE LITTLE BABIES THAT HAVE A BEATING HEART, THAT CAN BE DETECTED BY AN ULTRASOUND IN THAT SIX TO EIGHT WEEK PERIOD OF TIME, 95% OF THEM WILL EXPERIENCE A SUCCESSFUL BIRTH. AND SO I'VE ASKED THE QUESTION OF THOSE WHO WEREN'T SUPPORTIVE OF THE BILL. DID YOU EVER HEAR THE EXPRESSION , LET'S ERR ON THE SIDE OF LIFE? LET'S NOT ERR WITH LIFE AT ALL IF WE CAN HELP IT. IF WE HAVE A 95% CHANCE OF A SUCCESSFUL BIRTH, WE CAN'T TAKE A CHANCE ON ENDING THAT LITTLE BABY'S LIFE. MR. SPEAKER, THIS BILL IS A BILL THAT'S COME TOGETHER OVER THE LAST YEAR AND A HALF OR SO. AND JUST TO MENTION SOME OF THE POINTS HERE THAT I THINK ARE IMPORTANT, THAT WE HAVE AT LEAST 162 PRO-LIFE ORGANIZATIONS AND LEADS THAT ARE SUPPORT THE HEART BEAT BILL. I HAVE A LITTLE DEMONSTRATION HERE. THESE ARE SOME OF THE ORGANIZATIONS AND LEADERS THAT SUPPORT THE HEART BEAT BILL. WE'RE HAVING -- WE HAVE TO REALLY SEARCH PRETTY HARD TO FIND SOMEBODY THAT'S NOT ONBOARD. SO YOU CAN GO DOWN THROUGH THIS LIST. I COULD READ THESE ALL OFF. BUT I THINK IT WOULD BE A LITTLE BIT TIRESOME AND MAYBE A LITTLE REDUNDANT. I PUT THESE TOGETHER. THIS MAY BE 1/3 OR OF MAYBE EVEN 1/4 OF THE OVERALL LIST OF 162 PRO-LIFE ORGANIZATIONS AND LEADERS THAT SUPPORT THE HEART BEAT BILL. IT'S NEARLY UNIVERSAL ACROSS THIS COUNTRY. OF COURSE WE DON'T HAVE PLANNED PARENTHOOD ON HERE. WE DON'T HAVE THE NATIONAL ABORTION RIGHTS ACTION LEAGUE, IS WHAT THEY USED TO BE, AND THEY SAY THEY'RE NOT ANYMORE, BUT, YES, THEY ARE. NO, WE HAVE THE PRO-LIFE ORGANIZATIONS HERE. THE PEOPLE THAT CARE ABOUT LIFE, THE PEOPLE THAT UNDERSTAND THAT HUMAN LIFE IS SACRED IN ALL OF ITS FORMS. AND IT BEGINS AT THE MOMENT OF CONCEPTION. AND THAT WE HAVE TO PROTECT LIFE FROM THAT TIME ON. WE HAVE A CONSTITUTIONAL DUTY TO DO SO. WE HAVE AN EQUAL PROTECTION CLAUSE IN THE 14TH AMENDMENT OF THE CONSTITUTION THAT TELLS US THAT. BUT IT SEEMS AS THOUGH THE UNITED STATES SUPREME COURT IN ROE VS. WADE AND DOE VS. BOLTEN UPSET THAT AND THEY DECIDED THAT A RIGHT TO PRIVACY, WHICH WAS A MANUFACTURED RIGHT, I DON'T THINK I HAVE IT IN MY MEMOS, BUT IT'S GRISWOLD VS. CONNECTICUT BACK IN THE 1960'S. THIS DECISION THAT A COUPLE HAD A RIGHT TO PRIVACY, IN ORDER TO BUY BIRTH CONTROL PILLS. IT WAS IN CONNECTICUT. IN THAT PERIOD OF TIME. SHORTLY AFTER THAT DECISION, THEY DECIDED IT WASN'T JUST A MARRIED COUPLE THAT HAD THE RIGHT TO PRIVACY. IT WAS AN UNMARRIED COUPLE THAT HAD A RIGHT TO PRIVACY IN THE FORM OF CONTRACEPTIVES. AND THAT WAS ONLY IN THE MID 1960'S. AND THEN ROE VS. WADE CAME ALONG AND I THINK THAT THIS COURT CAN NEVER BE DEFENDED FOR THE DECISION THAT THEY MADE. THE IDEA THAT PRIVACY TRUMPS LIFE. AND THAT THE PRIVACY OF A MOTHER CAN -- WILL ALLOW FOR AN ABORTION AT ANY STAGE, IS HOW THIS ALL CAME TOGETHER, BETWEEN ROE VS. WADE AND DOE VS. BOLTEN. EVEN SOME OF OUR PROFESSORS, YOU MIGHT THINK WOULD BE ON THE OTHER SIDE OF THE ISSUE, HAD THEIR SKEPTICISM. THERE'S A BIT OF IT HERE IN RUTH BADER GINSBURG, A STATEMENT THAT SHE MADE IN 1985. SHE SAID, OUR SUPREME COURT JUSTICE GINSBURG, ROE, I BELIEVE, WOULD HAVE BEEN MORE ACCEPTABLE AS A JUDICIAL DECISION IF IT HAD NOT GONE BEYOND A RULING ON THEIR EXTREME STATUTE BEFORE THE COURT. HEAVYHANDED JUDICIAL INTERVENTION WAS DIFFICULT TO JUSTIFY AND APPEARS TO HAVE PROVOKED, NOT RESOLVED, THE CONFLICT. CLOSED QUOTE FROM RUTH BADER GINSBURG. AND THEN I WOULD RESTATE THE 14TH AMENDMENT. AND IT SAYS THIS. NO STATE SHALL MAKE OR ENFORCE ANY LAW WHICH SHALL ABRIDGE THE PRIVILEGES OR IMMUNITIES OF CITIZENS OF THE UNITED STATES, NOR SHALL ANY STATE DEPRIVE ANY PERSON OF LIFE, LIBERTY OR PROPERTY WITHOUT DUE PROCESS OF LAW, NOR DENY TO ANY PERSON WITHIN ITS JURISDICTION THE EQUAL PROTECTION OF THE LAWS. SO, THIS COMES BACK TO PERSONHOOD. I BELIEVE THAT A CONCEIVED BABY FROM THAT MOMENT IS A PERSON. WE DON'T HAVE THE TECHNICAL, MEDICAL ABILITY TO DEFINE THAT MOMENT THAT THE POINT. BUT WE CAN DEFINE HEART BEAT. AND WE'VE DONE SO IN THE HEART BEAT PROTECTION ACT. AND I'D BE HAPPY TO YIELD TO THE GENTLEMAN FROM PENNSYLVANIA, MR. ROTHFUS, WHO HAS BEEN A LEADER AND A FIGHTER FOR LIFE SINCE BACK IN THE 1980'S OR SO, WHEN I WAS STILL IN THE CRIB. MR. ROTHFUS, AS MUCH TIME AS HE MAY CONSUME, PROVIDING IT REMAINS. WE HAVE ABOUT NINE MINUTES LEFT.

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                                            • 06:52:41 PM

                                              MR. ROTHFUS

                                              I THANK THE GENTLEMAN FOR LEADING THIS SPECIAL ORDER. AND MAY I ASK HOW…

                                              I THANK THE GENTLEMAN FOR LEADING THIS SPECIAL ORDER. AND MAY I ASK HOW MUCH TIME WE HAVE?

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                                            • 06:52:48 PM

                                              MR. KING

                                              ABOUT NINE MINUTES.

                                            • 06:58:57 PM

                                              MR. KING

                                              RECLAIMING MY TIME. I THANK THE GENTLEMAN FROM PENNSYLVANIA FOR HIS…

                                              RECLAIMING MY TIME. I THANK THE GENTLEMAN FROM PENNSYLVANIA FOR HIS ELOQUENT WORDS. I HADN'T HEARD THE DESCRIPTION DELIVERED BY GOVERNOR CASEY IN THOSE YEARS BACK. BUT GOVERNOR BOB CASEY, GOD REST HIS SOUL, CAPTURED MY ATTENTION YEARS AGO, 20 OR MORE YEARS AGO, AND I HAD A QUOTE THAT I HAD IN MY BULLETIN BOARD THAT I DON'T HAVE TO LOOK IT UP ANYMORE. IT WAS THIS. FROM GOVERNOR BOB CASEY, DEMOCRAT, HUMAN LIFE CANNOT BE MEASURED. IT IS THE MEASURE ITSELF AGAINST WHICH ALL OTHER THINGS ARE WEIGHED. AND IT RANG SO CLEAR AND TRUE TO ME THAT I CUT IT OUT OF THE MAGAZINE AND STUCK IT UP ON THE BULLETIN BOARD AND HIS WORDS ECHO IN THIS CHAMBER TODAY. I WISH THEY ECHOED IN HIS SON OVER IN THE SENATE. THE SAME WAY THEY ECHOED OUT OF THE MOUTH OF GOVERNOR BOB CASEY BACK IN THOSE DAYS, WHEN HE WAS DENIED THE OPPORTUNITY TO SPEAK BEFORE THE DEMOCRAT NATIONAL CONVENTION BECAUSE HE'S PRO-LIFE. AND WE LOOK TODAY AND WE SEE THIS ISSUE HAS BEEN MORE AND MORE POLARIZED. AND I HOPE THAT WE CAN BE MORE BROAD WITH THIS AND THAT WE CAN BE MORE BIPARTISAN. BUT WE DO HAVE BIPARTISAN CO-SPONSORSHIP ON THIS BILL. IT'S NARROW. BUT IT EXISTS. AND I URGE, MR. SPEAKER, THIS BODY TO TAKE THIS BILL TO THE FLOOR, 170 CO-SPONSORS IS FURTHER AHEAD THAN ANY COMPARABLE PIECE OF PRO-LIFE LEGISLATION. . AND A GOOD NUMBER OF OR MEMBERS WHO HAVE SAID I'M NOT READY TO SIGN ON THE DOTTED LINE, BUT I'LL VOTE YES. I THINK WE'LL GET TO YES. AND THERE ARE CONCERNS THAT IF WE PASS IT OFF THE FLOOR OF THE HOUSE, THE SENATE WON'T TAKE IT UP. THEY WON'T TAKE IT UP UNLESS WE PASS IT OFF THE FLOOR OF THE HOUSE. WE HAVE TO CHALLENGE THE COURT. WE ARE GOING TO LIVE WITH A MILLION ABORTIONS IN THIS COUNTRY AND CHALLENGE THE COURT AND DO SO SUCCESSFULLY. I BELIEVE WE ARE GOING TO SEE ONE OR TWO MORE APPOINTMENTS IN THE NEXT TWO, THREE, FOUR YEARS. AND WE NEED TO GET THE BILL TO GO TO THE PRESIDENT'S DESK WHERE I'M CONFIDENT PRESIDENT TRUMP WILL SIGN THE BILL AND HAS A CHANCE -- I EXPECT IT WILL BE LITIGATED LIKE EVERY OTHER EFFECTIVE PIECE OF LITIGATION. I APPRECIATE THE SPEAKERS WHO HAVE COME TO WEIGH IN. AND TO LAY OUT THE PATH FOR THE FUTURE THAT WE HAVE TO FOLLOW HERE IF WE ARE TO ANSWER TO GOD AND COUNTRY FOR THAT GIFT FROM GOD WHICH IS LIFE AND LIFE, AND PURSUIT OF HAPPINESS. I YIELD BACK.

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                                            • 07:01:40 PM

                                              Mr. King (IA) moved that the House do now adjourn.

                                            • 07:01:42 PM

                                              On motion to adjourn Agreed to by voice vote.

                                              • 07:01:50 PM

                                                THE SPEAKER PRO TEMPORE

                                                THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. IS THERE A MOTION TO…

                                                THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. IS THERE A MOTION TO ADJOURN.

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                                              • 07:01:53 PM

                                                MR. KING

                                                I MOVE THE HOUSE DO NOW ADJOURN.

                                            • 07:01:55 PM

                                              Adjourned

                                              The House adjourned. The next meeting is scheduled for 10:00 a.m. on March 7, 2018.

                                              • 07:01:59 PM

                                                TEMPORE THOSE

                                                THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THE MOTION IS…

                                                THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THE MOTION IS ADOPTED. THE HOUSE IS ADJOURNED

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                                            • 10:00:20 AM

                                              GUEST

                                              VIEWERS LIVE TO THE HOUSE OF

                                            • 10:00:22 AM

                                              HOST

                                              VIEWERS LIVE TO THE HOUSE OF REPRESENTATIVES FOR COVERAGE ON C-SPAN. OF…

                                              VIEWERS LIVE TO THE HOUSE OF REPRESENTATIVES FOR COVERAGE ON C-SPAN. OF THE HOUSE OF REPRESENTATIVES.

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                                            • 10:00:38 AM

                                              TEMPORE PURSUANT

                                              PURSUANT TO THE ORDER OF THE HOUSE OF JANUARY 8, 2018, THE CHAIR WILL NOW…

                                              PURSUANT TO THE ORDER OF THE HOUSE OF JANUARY 8, 2018, THE CHAIR WILL NOW RECOGNIZE MEMBERS FROM LISTS SUBMITTED BY THE MAJORITY AND MINORITY LEADERS FOR MORNING HOUR DEBATE. THE CHAIR WILL ALTERNATE RECOGNITION BETWEEN THE PARTIES. ALL TIME SHALL BE EQUALLY ALLOCATED BETWEEN THE PARTIES AND IN NO EVENT SHALL DEBATE CONTINUE PAST 11:50 A.M. EACH MEMBER OTHER THAN THE MAJORITY AND MINORITY LEADERS AND THE MAJORITY WHIP SHALL BE LIMITED TO FIVE MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. GUTIERREZ, FOR FIVE MINUTES.

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                                            • 10:01:11 AM

                                              MR. GUTIERREZ

                                              YESTERDAY WAS THE DEADLINE FOR THE U.S. CONGRESS TO SECURE THE FUTURES OF…

                                              YESTERDAY WAS THE DEADLINE FOR THE U.S. CONGRESS TO SECURE THE FUTURES OF HUNDREDS OF THOUSANDS OF DREAMERS. OUR CONSTITUENTS WHO GREW UP IN THE UNITED STATES, HAVE BEEN HERE AT LEAST 10 YEARS BUT DO NOT HAVE PERMANENT LEGAL STATUS AND ARE THEREBY DEPORTABLE, VULNERABLE, EXPLOITABLE. THE CYNICS ARE RIGHT AND CONGRESS HAS TAKEN NO ACTION. THERE HAVE BEEN A FEW ATTEMPTS BUT THE REALITY IS CONGRESS HAS NOT PASSED A BILL AND THE OPPORTUNITY TO PASS A BILL IS DWINDLING. HOW IS IT WE ALWAYS END UP HERE WHEN IT COMES TO IMMIGRATION? WELL, IT IS BOTH A FAILURE OF BOTH PARTIES TO ACT, TO COMPROMISE, TO LEGISLATE. BUT LET'S BE HONEST, THE PRESIDENT DOESN'T WANT THESE IMMIGRANTS IN THIS COUNTRY AND REPUBLICANS IN CONGRESS ONLY WANT TO DO WHAT THE PRESIDENT WANTS THEM TO DO BECAUSE THEY FEAR HIS TWEETS AND THE EFFECT THEY MIGHT HAVE ON THEIR VOTERS IN NOVEMBER. OH, THE PRESIDENT SAID HE LOVED DREAMERS. REMEMBER? HE WANTED TO PRESERVE DACA, TO TREAT THEM WITH HEART. HE SAID HE WANTED TO GIVE A PATHWAY TO CITIZENSHIP FOR DREAMERS, AND HE TOLD A GROUP OF LAWMAKERS ON NATIONAL TELEVISION HE WOULD TAKE THE POLITICAL HEAT AND SIGN WHATEVER BIPARTISAN APPROACH THEY WERE ABLE TO COME UP WITH. BUT HE WAS LYING AGAIN. JUST LIKE HIS CONVERSATION WITH LAWMAKERS ON GUNS AFTER THE MASSACRE IN FLORIDA. ALSO WITH THE TELEVISION CAMERAS ROLLING. WHAT THE PRESIDENT SAYS IN PUBLIC, WHAT HE DOES BEHIND CLOSED DOORS, WHAT HE TWEETS AND WHAT HE THINKS FROM MOMENT TO MOMENT DO NOT SEEM TO BE CONNECTED IN ANY LOGICAL WAY. AND WHEN THE CAMERAS ARE TURNED OFF, THE RADICAL RIGHT-WING WHISPERS THEIR ORDERS IN THE PRESIDENT'S EAR AND HE FALLS RIGHT IN LINE. WHETHER IT'S WITH GUN MANUFACTURERS OR THE ANTI-IMMIGRANT NATIVISTS. AND WHEN YOU CANNOT TRUST THE PRESIDENT TO HAVE A STABLE OPINION FOR MORE THAN TWO, MAYBE THREE HOURS, IT MAKES IT HARD FOR REPUBLICANS TO FIGURE OUT WHAT WILL PLEASE HIM AND MAKE HIM HAPPY FROM MOMENT TO MOMENT. BIPARTISAN PROPOSALS THAT COULD HAVE PASSED THE HOUSE AND THE SENATE WERE BROUGHT TO HIM AND HE REJECTED THEM. SAYING HE WANTED TO ELIMINATE VARIOUS TYPES OF LEGAL IMMIGRATION, AVENUES USED BY PEOPLE, ESPECIALLY PEOPLE OF COLOR AND PEOPLE FROM THE DEVELOPING WORLD. AND WITHOUT THESE MASSIVE CUTS TO LEGAL IMMIGRATION, THE PRESIDENT JUST WASN'T INTERESTED. AND WE OFFERED HIM MONEY FOR HIS SILLY, MINDLESS, STUPID, DIM-WITTED, RACIST WALL BUT HE REJECTED THAT TOO. IN THE END IT'S NOT ABOUT DREAMERS, IT'S NOT ABOUT THE WALL, IT'S NOT ABOUT BORDER SECURITY. YOU KNOW WHAT IT'S ABOUT? A DEEPLY HELD CORE BELIEF OF THE PRESIDENT AND MANY OF HIS ADVISORS THAT JUST TOO MANY PEOPLE OF COLOR COMING LEGALLY TO THE UNITED STATES. THERE ARE TOO MANY FAMILY MEMBERS OF IMMIGRANTS UNLESS THOSE IMMIGRANTS ARE MEMBERS OF TRUMP'S OWN FAMILY. IT IS CLEAR THAT THE PRESIDENT DOESN'T WANT IMMIGRANTS WHO LOOK LIKE THE DIE VERSE AND COLORFUL FABRIC OF THE WORLD -- DIVERSE AND COLORFUL FABRIC OF THE WORLD AND HE DOESN'T WANT DREAMERS WHO WERE RAISED ALONGSIDE OF OUR CHILDREN WHO REFLECT THE DIVERSITY OF AMERICA. NOW, TO BE FAIR. SOME OF MY DEMOCRATIC COLLEAGUES ARE JUST AS HAPPY ABOUT THE INJUNCTIONS IN THE FEDERAL COURTS THAT ARE KEEPING THE TRUMP DEPORTATION MACHINE FROM FULLY ENGAGING AND GOING AFTER DREAMERS. LAWMAKERS, BOTH DEMOCRATS AND REPUBLICANS, DON'T NEED MUCH ENCOURAGEMENT SOMETIMES TO JUST KICK THE CAN DOWN THE ROAD. BUT LET'S NOT KID OURSELVES. WE -- RELYING ON THE COURTS TO SAVE DREAMERS ARE A COPOUT. AND A LOT OF PEOPLE ARE LEFT OUT IF THEY DON'T HAVE DACA. AND FOR THE ONES THAT CAN RENEW THEIR STATUS, WE MAY BE BACK HERE IN A FEW DAYS OR WEEK TRYING TO PREVENT THE DEPORTATION OF DREAMERS AND LOTS OF OTHER IMMIGRANTS IF THE COURTS CHANGE COURSE, WHICH THEY MAY. SO I WILL NOT LET MY COLLEAGUES IN EITHER PARTY REST. FOR NOW, EVERY PERSON WHO HAS DACA SHOULD RENEW THEIR DACA AS QUICKLY AS POSSIBLE FOR WHATEVER TIME THEY HAVE LEFT. I SAY, RUN, DON'T WALK, TO RENEW. I'VE BEEN HERE LONG ENOUGH TO KNOW THAT EVEN WHEN FACED WITH AN ISSUE ON WHICH 80% OF THE AMERICAN PEOPLE AGREE, WHETHER IT'S SENSIBLE GUN CONTROL OR PREVENTING THE DEPORTATION OF CHILDREN RAISED IN AMERICA, IT'S THE 20% OF THE AMERICAN PEOPLE WHO REPUBLICANS ARE LISTENING TO AND PLAYING TO AND TWEETING TO AND PLAYING NICE-NICE WITH THE WHITE HOUSE TO APPEASE. SO -- AND THE REST OF US, WHAT DO WE GET? NOTHING ON IMMIGRANTS, ON GUNS, ON CLIMATE CHANGE, ON HEALTH CARE, OR ON TAXES. WE SIMPLY RESHUFFLE THE DECK.

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                                            • 10:05:59 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. MEMBERS ARE REMINDED TO REFRAIN FROM ENGAGING…

                                              THE GENTLEMAN YIELDS BACK. MEMBERS ARE REMINDED TO REFRAIN FROM ENGAGING IN PERSONALITIES TOWARD THE PRESIDENT. THE CHAIR RECOGNIZES THE GENTLEWOMAN FROM FLORIDA, MS. ROS-LEHTINEN, FOR FIVE MINUTES.

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                                            • 10:06:09 AM

                                              MS. ROS-LEHTINEN

                                              THANK YOU SO MUCH, MR. SPEAKER. LAST WEEK, SADLY MARKED THE THIRD…

                                              THANK YOU SO MUCH, MR. SPEAKER. LAST WEEK, SADLY MARKED THE THIRD ANNIVERSARY OF THE MURDER OF RUSSIAN HUMAN RIGHTS ACTIVIST BORIS NEMSOV. ON FEBRUARY 27, 2015, BORIS WAS ASSASSINATED WHILE CROSSING A BRIDGE NEAR THE KREMLIN IN MOSCOW, SHOT IN THE BACK IN THE MOST COWARDLY MANNER. BORIS' MURDER WAS NO DOUBT DIRECTED BY PUTIN BECAUSE BORIS HAD ACTIVELY ORGANIZED RALLIES AGAINST THE REGIME AND EVEN HAD THE COURAGE TO REPORT IN DETAIL ON CORRUPTION IN THE PUTIN REGIME. HIS DEATH WAS A GREAT LOSS FOR THE PEOPLE OF RUSSIA WHO ARE FIGHTING FOR A FREE AND DEMOCRATIC SOCIETY. I WAS LUCKY ENOUGH TO HAVE KNOWN BORIS AND MET WITH HIM SEVERAL TIMES OVER THE YEARS. I HAD THE GREAT PRIVILEGE TO WORK WITH HIM ON GETTING THE SERGEI MAGNITSKY RULE OF LAW ACCOUNTABILITY ACT PASSED INTO LAW IN 2012. IN FACT, I MET WITH BORIS RIGHT AFTER THE HOUSE PASSED THAT BILL. THAT DAY BORIS TOLD ME SOMETHING THAT RESONATED WITH ME, MR. SPEAKER. HE TOLD ME THAT PUTIN HAD MADE STOPPING THE MAGNITSKY ACT HIS UTMOST PRIORITY. THOUGH THAT RESONATED WITH ME, IT DID NOT SURPRISE ME BECAUSE I WAS BORN IN COMMUNIST CUBA AND I WAS FORCED TO FLEE MY HOMELAND WITH MY FAMILY TO GET AWAY FROM THE CASTRO REGIME. AND I KNOW THAT CASTRO WOULD HAVE HAD THE SAME REACTION AS PUTIN BECAUSE THUGS FEAR THE PEOPLE, FEAR THE PEOPLE WHO ARE BRAVE ENOUGH TO STAND UP TO THEIR AUTHORITARIAN RULE AND THAT'S WHY PUTIN FEARED MAGNITSKY. THAT'S WHY PUTIN FEARED BORIS. THAT IS WHY PUTIN FEARS MY FRIEND AND CLOSE FRIEND OF BORIS', VLADIMIR KARAMERSAV, WHO THE PUTIN REGIME TRIED TO KILL ON TWO OCCASIONS BY POISONING. VLADIMIR CARRIES OUT HIS MISSION OF SPEAKING THE TRUTH ABOUT THE PUTIN REGIME AND CALLING ATTENTION TO THE HUMAN RIGHTS ABUSES IN RUSSIA. HE HAS CARRIED ON THE LEGACY AND BROUGHT BORIS' MESSAGE TO THE WORLD AND THROUGH VLADIMIR'S EFFORTS, THE LEGACY HAS BEEN MEMORIALIZED RIGHT HERE IN WASHINGTON, D.C. LAST WEEK, MR. SPEAKER, I ATTENDED THE UNVEILING OF THE NAMING OF THE PLAZA RIGHT IN FRONT OF THE RUSSIAN EMBASSY AFTER BORIS. BORIS PERSONIFIED THE FIGHT FOR HUMAN RIGHTS IN RUSSIA, AND NOW IN FRONT OF THE RUSSIAN EMBASSY IN WASHINGTON, D.C., THREE YEARS AFTER BORIS WAS MURDERED, HE IS NOW MEMORIALIZED AS A SYMBOL, A SYMBOL SIGNIFYING THAT ONE PERSON OR ONE IDEA CAN BE MORE POWERFUL AND MORE THREATENING TO A CORRUPT REGIME THAN EVEN THE BIGGEST ARMY. THAT PLAZA ALSO SERVED AS A SYMBOL FOR THE FUTURE BECAUSE ONE DAY PUTIN WILL BE GONE AND BORIS' DREAM WILL BECOME A REALITY. AND WHEN THAT DAY COMES, THE DIPLOMATS WHO COME TO THE UNITED STATES REPRESENTING A FREE AND DEMOCRATIC RUSSIA WILL BE ABLE TO LOOK OUT THE WINDOWS OF THEIR EMBASSY BEAMING WITH PRIDE AT WHAT BORIS' SACRIFICE HELPED THEM TO REALIZE. AND THEY WILL HONOR BORIS' LEGACY AND EVERYONE ELSE WHO TOLD THE TRUTH ABOUT THE REGIME OF PUTIN AND WHO GAVE EVERYTHING FOR A FREE AND DEMOCRATIC RUSSIA WHERE HUMAN RIGHTS AND THE RULE OF LAW ARE RESPECTED, NOT FEARED. AND I HOPE THAT DAY IS SOON UPON US, MR. SPEAKER. I YIELD BACK.

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                                            • 10:09:55 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM…

                                              THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM CALIFORNIA, MR. COSTA, FOR FIVE MINUTES.

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                                            • 10:10:02 AM

                                              MR. COSTA

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR FIVE MINUTES AND TO…

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR FIVE MINUTES AND TO REVISE AND EXTEND MY REMARKS.

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                                            • 10:10:07 AM

                                              TEMPORE WITHOUT

                                              MR. SPEAKER, I RISE TODAY TO TALK ABOUT THE CHALLENGES THAT WE FACE NOT…

                                              MR. SPEAKER, I RISE TODAY TO TALK ABOUT THE CHALLENGES THAT WE FACE NOT ONLY IN MY CONSTITUENCY AS IT RELATES TO CALIFORNIA AGRICULTURE BUT A HOST OF OTHER ISSUES AS WELL. WE ARE IN THE PROCESS OF TRYING TO RE-AUTHORIZE THE FARM BILL, SOMETHING WE DO EVERY FOUR YEARS. USED TO BE, AND WE HOPE IT WILL CONTINUE TO BE THIS YEAR, TO BE ONE OF THE MOST BIPARTISAN EFFORTS WE ARE ENGAGED IN. I REPRESENT NOT ONLY THE HEARTLAND OF THE SAN JOAQUIN VALLEY BUT THIRD GENERATION FARMER. LAST WEEK, AS I DO EVERY WEEKEND WHEN I GO HOME, I WAS WALKING THE ROLLS OF THE ALMOND TREES IN MY RANCH OUTSIDE OF FRESNO, CALIFORNIA. THEY'RE BEAUTIFUL. THEY'RE IN FULL BLOOM THIS TIME OF YEAR. THERE'S NOT A TIME, THOUGH, IN THE YEAR IN THE SAN JOAQUIN VALLEY WHERE THE INCREDIBLE BOUNTY OF 300 CROPS THAT WE GROW ARE NOT ON DISPLAY BECAUSE THEY ARE ALWAYS OUT THERE. THE BLOSSOMS IN THE SPRING GROW INTO THE ALMONDS AND PISTACHIOS INTO LATE SUMMER. TOMATOES ARE HARVEST IN AUGUST AND SEPTEMBER AND FOLLOWED BY COTTON IN OCTOBER AND NOVEMBER. THE DAIRYMEN AND DAIRY PROCESSORS WORK EVERY DAY BECAUSE THOSE COWS HAVE TO BE MILKED EVERY DAY YEAR ROUND TO PRODUCE THE FINEST QUALITY MILK PRODUCTS, CHEESE AND BUTTER. AS I WALKED THROUGH THE ORCHARD I REMEMBER COUNTLESS STORIES AND INCITES BY MY FELLOW CALIFORNIA FARMERS, RANCHERS, DAIRY MEN AND WOMEN SHARED WITH ME OVER THE PAST YEAR AND I THINK ABOUT MY FATHER WHO FARMED ALL OF HIS LIFE AND MY GRANDFATHER. IN ANTICIPATION OF THE 2018 FARM BILL, I HAVE HELD ROUNDTABLES, LISTENING SESSIONS, LISTENED TO AGRICULTURE TOWN HALLS, MET WITH OUR FARMERS AND FARM WORKERS WHO EVERY DAY WORK SO HARD TO PUT THOSE FOOD PRODUCTS ON AMERICA'S DINNER TABLE. I'VE DONE THIS TO HEAR FIRSTHAND THE CONCERNS AND THE PRIORITIES OF LOCAL PRODUCERS, FARM WORKERS, NUTRITION ORGANIZATIONS REGARDING OUR NATION'S FOOD SUPPLY. I'VE ALSO HAD NUMEROUS MEETINGS WITH KEY AGRICULTURE TRADE OFFICIALS, INCLUDING AGRICULTURAL SECRETARY PURDUE WHO'S BEEN OUT TO CALIFORNIA A NUMBER OF TIMES. AS WE IN CONGRESS MOVE TOGETHER WITH THE FARM BILL AND THE NEGOTIATIONS WE MUST MAINTAIN STRONG SUPPORT FOR THE CULTIVATION AND THE PRODUCTION OF FRESH FRUITS AND VEGETABLES WHICH ARE THE FOUNDATION OF A HEALTHY DIET. CALIFORNIA PRODUCES OVER HALF THE NATION'S FRUITS AND VEGETABLES. IT'S TRULY AMAZING. 300 CROPS. WE MUST ALSO MAKE SURE THAT WE DO NOT ABANDON OUR NATION'S MOST VULNERABLE THROUGH AN INHUMANE CUTS TO THE NUTRITION PROGRAMS THAT WE PROVIDE FOR STEADY SOURCE OF FOOD TO OUR NATION'S FOOD SUPPLY. WE'RE TALKING ABOUT OUR SAFETY NET. WE'RE TALKING ABOUT THE SNAP PROGRAM. WE'RE TALKING ABOUT WOMEN, INFANTS AND CHILDREN. THIS HAS BEEN PART OF THE GLUE ON A BIPARTISAN BASIS THAT HAVE KEPT DEMOCRATS AND REPUBLICANS TOGETHER IN THE RE-AUTHORIZATION OF THE FARM BILL, BUT WE MUST HAVE A SAFETY NET FOR THOSE WHO ARE MOST UNFORTUNATE IN OUR SOCIETY. WE SHOULD WORK TO ALSO EXPAND FOREIGN MARKETS FOR OUR PRODUCTS AND TO INCENTIVIZE SOUND CONSERVATION PRACTICES AND RESEARCH. RESEARCH IS VERY IMPORTANT TO ENSURE THE SUSTAINABILITY. SUSTAINABILITY IS CRITICAL AND TO CONTINUE THE GROWTH OF AMERICAN AGRICULTURE. WE HAVE AN OPPORTUNITY IN THE FARM BILL TO ADDRESS THE CRIPPLING AGRICULTURE LABOR CRISIS AFFECTING OUR FARMERS AND IT MUST BE ADDRESSED AS WE LOOK AT A BROKEN IMMIGRATION SYSTEM THAT NOT ONLY IMPACTS OUR DREAMERS, THE DACA PROGRAM, BUT A RELIABLE SUPPLY OF FARM LABOR. SO THESE ARE ALL AMONG THE ISSUES WE MUST ADDRESS TO ENSURE THAT OUR NATION'S FOOD SUPPLY IS RELIABLE BECAUSE, GUESS WHAT. IT'S A NATIONAL SECURITY ISSUE. IT IS A NATIONAL SECURITY ISSUE. PEOPLE DON'T LOOK ABOUT IT THAT WAY, YOU KNOW. PEOPLE GO INTO THE GROCERY STORE AND THINK, WELL, WHAT'S THE PROBLEM? GROCERY STORES HAVE ALL THE FOOD IN THE WORLD. GO TO RESTAURANTS. GOT ALL THE FOOD YOU NEED. BUT THE FOOD DON'T GET TO THE GROCERY STORE OR TO THOSE RESTAURANTS WITHOUT IT BEING GROWN BY AMERICA'S MEN AND WOMEN WHO LABOR. LESS THAN 3% OF THE NATION'S POPULATION TO PRODUCE THE FINEST, HIGHEST QUALITY, GREATEST YIELD, MOST NUTRITIONOUS FOOD ANYWHERE IN THE WORLD EVERY NIGHT ON AMERICA'S DINNER TABLE. AND THAT'S WHERE WE MUST COME TOGETHER AS DEMOCRATS AND REPUBLICANS TO IMPROVE OUR NATION'S FOOD SUPPLY BY PASSING A STRONG, BIPARTISAN FARM BILL. MR. SPEAKER, I RISE TODAY TO COMMEMORATE THE FIFTH ANNIVERSARY OF THE VIOLENCE AGAINST WOMEN'S RE-AUTHORIZATION ACT, OTHERWISE KNOWN AS VAWA. PROTECTING THE VIOLENCE AGAINST WOMEN'S ACT IS ONE OF THE TOP PRIORITIES IN THE VICTIMS' RIGHTS CAUCUS, A BIPARTISAN RIGHTS CAUCUS THAT CONGRESSMAN TED POE AND I ORGANIZED SOME 10 YEARS AGO. IT SEEKS TO PREVENT VIOLENCE IN OUR COMMUNITY AND PROVIDES SERVICES TO SURVIVORS OF VIOLENCE IN PART BY ENCOURAGING COLLABORATION AMONG LOCAL LAW ENFORCEMENT, JUDICIAL PERSONNEL AND THE PRIVATE SECTOR ORGANIZATIONS, N.G.O.'S. IN MY DISTRICT, THESE ORGANIZATIONS COLLABORATE AND THEY'VE BEEN VITAL IN HELPING SURVIVORS OF VIOLENCE. WE MUST HAVE NUMEROUS ORGANIZATIONS WORKING TIRELESSLY TO SUPPORT THE VICTIMS OF CRIME. IN MY DISTRICT, THEY INCLUDE THE MARJORIE MASON CENTER, CALIFORNIA WOMEN EMPOWERMENT AND CENTRAL LA FAMILIA CRISIS. THIS WILL HELP NOT ONLY END VIOLENCE IN THE VALLEY BUT TO OUR NATION. WE MUST ENSURE SURVIVORS HAVE ACCESS TO SERVICE FOR ESSENTIAL RECOVERY. WE CANNOT STOP AND WE MUST NOT. WE MUST END THIS HORRENDOUS VIOLENCE ONCE AND FOR ALL AND THAT'S WHY WE MUST SUPPORT THE VIOLENCE AGAINST WOMEN'S ACT. I YIELD BACK THE BALANCE OF MY TIME. .

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                                            • 10:16:08 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. BOST, FOR FIVE…

                                              THE CHAIR RECOGNIZES THE GENTLEMAN FROM ILLINOIS, MR. BOST, FOR FIVE MINUTES.

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                                            • 10:16:14 AM

                                              MR. BOST

                                              THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE THE CITY OF ALTON,…

                                              THANK YOU, MR. SPEAKER. I RISE TODAY TO CONGRATULATE THE CITY OF ALTON, ILLINOIS. IT WAS SELECTED FROM HUNDREDS OF CITIES NATIONWIDE TO BE FEATURED ON THE REALITY TV SHOW, "SMALL BUSINESS REVOLUTION, MAIN STREET." THE CITY WILL ALSO RECEIVE A $500,000 INVESTMENT FOR ITS SMALL BUSINESSES. THEY HAVE A RICH HISTORY. IT IS HOME TO HISTORICAL BUILDINGS, A DEEP MANUFACTURING HERITAGE. IT WAS A SITE OF ONE OF THE LINCOLN-DOUGLAS DEBATES. A ROUTE ON THE UNDERGROUND RAILROAD. BLUES MUSICIAN MILES DAVIS. AND A HISTORY OF THE TALLEST MAN, 8'11" ROBERT WADLOE. THESE DAYS IT IS UNDERGOING A SMALL BUSINESS REVOLUTION. FROM A SELF-POUR CRAFT BEER TAP ROOM TO A POST OFFICE CONVERT FOOD A SMALL BUSINESS HUB AND NEW BUSINESSES ARE POPPING UP ALL OVER. IT'S AN EXCITING TIME FOR THE COMMUNITY AND THEY CAN'T WAIT TO SHOW THE NATION, SOUTHERN ILLINOIS SPIRIT AND INNOVATION. MR. SPEAKER, I RISE TODAY TO RECOGNIZE THE DETERMINATION OF A YOUNG MAN FROM MY HOMETOWN OF MURPHYS BOROUGH, ILLINOIS. ROBBY HAS CEREBRAL PALSY AND A NERVE DISORDER. THAT HASN'T HOMETOWN OF MURPHYS STOPPED HIM FROM TRYING OUT FOR THE RED DEVILS BASKETBALL TEAM YEAR AFTER YEAR. WHILE HE HASN'T MADE THE OFFICIAL ROSTER, HE SERVED AS TEAM MANAGER. GOING TO EVERY GAME, ALL THROUGH HIS HIGH SCHOOL CAREER, AND EVERY PRACTICE. ROWDY HAD A CONSTANT PRESENCE WITH THE TEAM, COACHES, AND OUR COMMUNITY. LAST MONTH, FINALLY GOT -- ROWDY FINALLY GOT THE CHANCE TO SEE GAME TIME. ROWDY SCORED 10 POINTS ON THE NIGHT, INCLUDING A BUZZER-BEATING THREE-POINT SHOT. IN HIS OWN WORDS, I GOT A WHOLE LOT OF SCHOOL BEHIND MY BACK AND MY FAMILY. I'VE GOT A LOT OF PEOPLE THAT SUPPORT ME. SO IT IS AN AWESOME TO KNOW THAT THEY ALL CAME TO THE GAME TO WATCH ME PLAY. ROWDY, WE'RE ALL PROUD OF YOU. MR. SPEAKER, I RISE TODAY IF I COULD TO TAKE A MOMENT, I'D LIKE TO READ A PARTICULAR PROVERB, PART OF A PROBLEM VERB, 31:10 :316789 AN EXCELLENT WIFE WHO CONFINED SHE'S MORE PRECIOUS THAN JEWELS. SHE DOES -- THE HEART OF HER HUSBAND TRUSTS IN HER AND HE WILL HAVE NO LACK OF GAIN. SHE DOES HIM GOOD AND NOT HARM AND ALL THE DAYS OF HER LIFE. SHE SEEKS WOOL AND FLACKS AND WORKS -- AND FLAX AND WORKS WITH WILLING HANDS. SHE IS LIKE A SHIP OF THE MERCHANT SHE BRINGS HER FOOD FROM AFAR. SHE RISES WHILE IT IS YET NIGHT AND PROVIDES FOOD FOR HER HOUSEHOLD AND PORTIONS FOR HER MAIDENS. SHE CONSIDERS A FIELD AND BUY IT IS AND THE FRUIT OF HER HAND SHE PLANTS THE VINEYARDS. SHE DRESSES HERSELF WITH STRENGTH AND MAKES HER ARMSTRONG. SHE PERCEIVES THAT THE MERCHANTS IS PROFITABLE -- MERCHANDISE IS PROFITABLE AND HER LAMP DOES NOT GO OUT AT NIGHT. SHE PUTS HER HANDS TO THE SPINDLE. SHE OPENS HER HAND TO THE POOR AND REACHES OUT HER HANDS TO THE NEEDY. SHE IS NOT AFRAID OF SNOW FOR HER HOUSEHOLD FOR ALL OF HER HOUSEHOLD IS CLOTHED IN SCARLETT. SHE MAKES THE BED CONVERSATION FOR HERSELF, HER CLOTHING IS FINE LINEN AND PURPLE. HER HUSBAND IS KNOWN IN THE GATES. AND WHEN HE SITS AMONG THE ELDERS OF THE LAND, SHE MAKES LINEN GARMENTS AND SELLS THEM. SHE STRENGTH AND DIGNITY ARE BLOTHING AND SHE LAUGHS AT TIME TO COME. SHE OPENS HER MOUTH WITH WISDOM AND TEACHES KINDNESS IS ON HER TONGUE. SHE LOOKS WELL TO THE WAYS OF HER HOUSEHOLD AND DOES NOT EAT BREAD OF IDLENESS. HER CHILDREN RISE UP AND CALL HER BLESSED. HER HUSBAND ALSO. AND HE PRAISES HER. MANY WOMEN HAVE DONE EXCELLENTLY, BUT YOU SURPASS THEM ALL. CHARM IS DECEITFUL. BUT A WOMAN WHO FEARS THE LORD IS TO BE PRAISED. GIVE HER THE FRUIT OF HER HANDS AND LET HER WORK PRAISES -- AND LET WORKS PRAISE HER IN THE GATES. MR. SPEAKER, MANY MAY ASK WHY I WOULD READ SUCH A SCRIPTURE THIS DAY ON THE FLOOR. WELL, BECAUSE 38 YEARS AGO TOMORROW I MARRIED A BEAUTIFUL YOUNG WOMAN WHO HAS GROWN TO BECOME THIS VERY WOMAN THAT'S DESCRIBED IN THIS SCRIPTURE. SHE IS VERY BEAUTIFUL AND VERY CHARMING, BUT MOST OF ALL SHE IS VIRTUOUS. SO WITH THAT I WANT TO WISH HER AN EARLY HAPPY ANNIVERSARY. I LOVE YOU, TRACY. WITH THAT I YIELD BACK, MR. SPEAKER.

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                                            • 10:21:20 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS,…

                                              THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS, MR. GREEN, FOR FIVE MINUTES.

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                                            • 10:21:31 AM

                                              MR. GREEN

                                              THANK YOU, MR. SPEAKER. I WOULD ASK I BE PERMITTED TO REVISE AND EXTEND.

                                            • 10:21:33 AM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION.

                                            • 10:21:35 AM

                                              MR. GREEN

                                              THANK YOU. MR. SPEAKER, IT'S AN HONOR FOR ME TO RISE TODAY IN DEFENSE OF…

                                              THANK YOU. MR. SPEAKER, IT'S AN HONOR FOR ME TO RISE TODAY IN DEFENSE OF DREAMERS AND THOSE WHO BROUGHT THEM HERE. I RISE IN DEFENSE OF THEM, MR. SPEAKER, BECAUSE I RISE IN DEFENSE OF THEM, MR. SPEAKER, BECAUSE QUITE FRANKLY THERE WAS A DESIRE FOR PERSONS TO COME HERE. THERE WAS A DESIRE FOR THEM TO COME AND TO WORK AND TO WORK AT WAGES THAT SOME CONSIDERED SUBPAR. A DESIRE FOR THEM TO WORK ON THE CONDITIONS THAT WERE NOT THE BEST. THAT WAS A DESIRE FOR THEM TO COME. AND THEY CAME. I RISE IN DEFENSE OF THEM BECAUSE, MR. SPEAKER, WE ARE COMPLICIT IN THIS BEHAVIOR. WE WERE COMPLICITY BECAUSE WE KNEW THEY WERE COMING AND WE WANTED THEM TO COME. I RISE IN DEFENSE OF THEM BECAUSE I DON'T BELIEVE THAT A COUNTRY AS GREAT AS THE UNITED STATES OF AMERICA CAN ASKED YOUNG PEOPLE TO ACCEPT A PATHWAY TO CITIZENSHIP BUT NOT GIVE IT TO THE PEOPLE WHO BROUGHT THEM HERE, THEIR PARENTS IN MOST CASES, BUT IN A GAD MANY CASES OTHER PERSONS WHO CARED FOR THEM. TO ASK THESE YOUNG PEOPLE TO SELL OUT, TO BORROW A TERM THAT WE USE, TO SELL OUT THEIR PARENTS IS MORE THAN A GREAT NATION SHOULD ASK OF YOUNG PEOPLE. TO SAY TO THEM, YOU CAN STAY, BUT YOUR PARENTS MAY HAVE TO GO. WHAT KIND OF COUNTRY ARE WE IF WE DEMAND THIS OF YOUNG PEOPLE WHO CAME WITH PEOPLE THAT WE WANTED TO COME, WHO HAVE DONE US NO HARM, WHO WORKED HARD IN OUR KITCHENS. WHO WORKED HARD CLEANING OUR HOMES. WHO HAVE WORKED HARD TENDING OUR FIELDS. WHO WORKED HARD BRINGING IN THE FRUITS OF THE LABOR THAT THEY BROUGHT TO THIS COUNTRY. WHAT KIND OF COUNTRY SAYS YOU'RE GOING TO GO BACK AFTER MANY YEARS OF BEING HERE? AND SENDING THE YOUNG PEOPLE BACK TO PLACE THAT IS THEY FRUITS KNOW VERY LITTLE OF. MR. ESCOBAR IS A CASE IN POINT. HE WAS SENT BACK TO SAN SALVADOR HAVE A DOOR, HADN'T BEEN THERE IN MANY, MANY YEARS. CAME HERE AROUND 15 YEARS OF AGE. MR. SPEAKER, NOW IS THE TIME FOR THIS COUNTRY TO TAKE THE AFFIRMATIVE ACTION TO CORRECT WHAT WILL BE AN INJUSTICE IF WE PURSUE THE PATH THAT THE PRESIDENT WOULD HAVE US PURSUE. NOW KNOW VERY LITTLE IS THE TIME FOR US TO MAKE SURE THAT EVERY PERSON IS RECEIVING THE KIND OF LIBERTY AND JUSTICE FOR ALL THAT WE EXTOL IN THE PLEDGE OF ALLEGIANCE. NOW IS THE TIME FOR US TO MAKE SURE THAT ALL OF THESE YOUNG PEOPLE ARE GIVEN THE OPPORTUNITY TO SUCCEED ON THEIR MERITS OR FAIL ON THEIR DEMERITS IN THE COUNTRY THEY KNOW AS HOME. MR. SPEAKER, WE ARE A GREAT COUNTRY. A GREAT COUNTRY DOES NOT DO WHAT THE PRESIDENT IS PROPOSING. AND I WILL NOT STAND WITH THE PRESIDENT ON THIS. I STAND AND DEFEND THE DREAMERS AND THE PEOPLE WHO BROUGHT THEM HERE, IN MOST CASES THEIR PARENTS. THIS IS WHAT A GREAT NATION OUGHT TO DO. I KNOW THAT THERE MAY BE PEOPLE WHO DELIVER, BUT WHEN YOU ARE STANDING ON RIGHT, YOU DON'T WORRY ABOUT THOSE WHO DIFFER. THIS IS THE RIGHT THING FOR THE UNITED STATES OF AMERICA TO DO. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 10:25:13 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR NOW…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR NOW RECOGNIZES THE GENTLEMAN FROM PENNSYLVANIA, MR. THOMPSON, FOR FIVE MINUTES.

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                                            • 10:25:24 AM

                                              MR. THOMPSON

                                              THANK YOU, MR. SPEAKER. MR. SPEAKER, I RISE TODAY TO CONGRATULATE TRACK…

                                              THANK YOU, MR. SPEAKER. MR. SPEAKER, I RISE TODAY TO CONGRATULATE TRACK FORM RESOURCES OF LOGANTOWN, PENNSYLVANIA, FOR BEING NAMED THE 2018 INNOVATIVE DAIRY FARMER OF THE YEAR. THE NATIONAL AWARD CELEBRATES U.S. DAIRY PRODUCERS THAT APPLY CREATIVITY, EXCELLENCE, AND FORWARD THINKING TO ACHIEVE GREATER ON-FARM PRODUCTIVITY AND IMPROVING MARKETING. THE AWARD IS PRESENTED ANNUALLY BY THE INTERNATIONAL DAIRY FOODS ASSOCIATION AND DAIRY HERD MAGAZINE. MR. SPEAKER, TRACK FARM RESOURCES HAS A RICH HISTORY IN CLINTON COUNTY. LOCATED IN THE HEART OF COUNTRY, IT IS OPERATED BY JIM AND LISA AND KEVIN TRACK. LISA AND KEVIN ARE SIBLINGS. THEY RUN THE FARM WITH THE HELP OF THEIR CHILDREN AND GRANDCHILDREN WHO NOW REPRESENT THE 11TH GENERATION FARMERS OF THE LAND. YES, THAT'S RIGHT. TRACK FARM RESOURCES HAS BEEN IN OPERATION SINCE 1773. THREE YEARS BEFORE THE DECLARATION OF INDEPENDENCE WAS EVER ISSUED. THEY HAVE 22 FULL-TIME EMPLOYEES AND SOME PART-TIME HELP AS WELL. THE OWNERS SAID IT IS TEAMWORK THAT MAKE IT POSSIBLE FOR THEM TO RECEIVE THIS AWARD. IT'S ESPECIALLY MEANINGFUL TO SEE A PENNSYLVANIA FARM WITH SUCH A LONG HISTORY OF GOOD STEWARDSHIP BEING NAMED THE LEADING INNOVATOR NATIONWIDE FOR DAIRY FARMING. TODAY THEY ARE GOOD STEWARDSHIP BEING MANAGING AN 1,100 HEAD DAIRY HERD WHILE ADVOCATING FOR NO TILL FARMING AND MAINTAINING SOIL HEALTH AND PROMOTING AWARENESS OF THE CHESAPEAKE BAY WATERSHED. ITS FARMING PRACTICE IS TRULY FOCUSED ON CONSERVATION. TRACK FARMS ALSO WAS AN EARLY ACOPTER OF RENEWABLE ENERGY TECHNOLOGY AND INSTALLED ONE OF THE FIRST METHANE DIE JESTERS IN PENNSYLVANIA. NOW -- DIGESTERS IN PENNSYLVANIA. NOW THEY SELL POWER BACK TO THE GRID AND REDUCES ELECTRICITY COSTS FOR THE FARM. TRACK FARMS IS A MODEL OPERATION THAT IS AT THE FOREFRONT OF MODERN DAY FARMING PRACTICES. THEIR OPERATION EFFECTIVELY DEMONSTRATES AN INVESTMENT IN ENVIRONMENTALLY FRIENDLY PRACTICE CAN LOWER COSTS, PROVIDE NEW REVENUE STREAMS, AND OFFER GREATER EFFICIENCIES IN THE FARM. THEY ALSO EDUCATE LOCAL LEGISLATORS AND AGAIN PUBLIC ABOUT THEIR OPERATIONS, PLUS ECONOMIC AND ENVIRONMENTAL BENEFITS. JIM SAYS THE FARM'S PRACTICES AND BELIEFS GO WELL BEYOND THE BORDERS OF FARMING. FAMILY MEMBERS AND FARM STAFF ARE INVOLVED IN ASSOCIATIONS AND ORGANIZATIONS THAT PROMOTE DAIRY FARMING AND ITS ENVIRONMENTAL IMPACTS. HE'S TRAVELED ACROSS THE COUNTRY SPEAKING ABOUT THE PRACTICES THAT THEY USE RIGHT THERE IN LOGANTON, PENNSYLVANIA. TRACK FARMS ACCEPTED THE AWARD EARLIER THIS YEAR AT THE DAIRY FARM 2018 IN PALM DESERT, CALIFORNIA. THE PENNSYLVANIA SECRETARY OF AGRICULTURE NOMINATED THE FARM FOR THE AWARD AND I WAS PLEASED TO ADD SUPPORTING COMMENTS TO THE NOMINATION IT. MR. SPEAKER, I AM MOST PROUD OF TRACK FARMS AND THE ENTIRE FAMILY FOR BEING A LEADER IN DAIRY FARMING NOT ONLY IN THE COMMONWEALTH OF PENNSYLVANIA, BUT NATIONWIDE. I WHOLEHEARTEDLY CONGRATULATE THEM AND THEIR FAMILIES AND EMPLOYEES ON THIS OUTSTANDING ACHIEVEMENT. THANK YOU, MR. SPEAKER. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 10:28:37 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE THE GENTLEWOMAN FROM OHIO, MS. KAPTUR, FOR FIVE MINUTES.

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                                            • 10:28:47 AM

                                              MS. KAPTUR

                                              MR. SPEAKER. I AM PLEASED TO JOIN MY COLLEAGUE, REPRESENTATIVE JACKIE…

                                              MR. SPEAKER. I AM PLEASED TO JOIN MY COLLEAGUE, REPRESENTATIVE JACKIE WALORSKI, AS CO-CHAIRS OF THE POLISH CAUCUS. THIS YEAR WE COMMEMORATE THE 100TH ANNIVERSARY OF POLAND'S RE-MEERGENCE AS A EUROPEAN NATION IN 1918. AS GRATEFUL POLISH AMERICANS, WE JOIN TOGETHER ON A BIPARTISAN BASIS TO ACKNOWLEDGE THIS HISTORIC ACHIEVEMENT OF FREEDOM'S ADVANCE. THE REALITY IS HISTORY HAS BEEN BRUTAL TO POLAND. IN THE LATE 1700'S, POLAND WAS ERASED FROM THE MAP OF EUROPE FOR 123 YEARS. BY THREE ADJACENT PREDATORY EMPIRES BECAUSE IT PASSED A CONSTITUTION INSPIRED BY OURS WHICH INCLUDED A SEPARATION OF POWERS. POLAND BECAME THE FIRST NATION IN EUROPE TO ABOLISH CERTIFICATE OFDOM BY THE MAN FEST ON MAY 1, 1791. THEN IN 1918, FOLLOWING WORLD WAR I, WITH THE SUPPORT OF PRESIDENT WOODROW WILSON, POLAND WAS RESTORED TO THE MAP OF EUROPE AND RESUMED ITS TORTUROUS CLIMB TO FREEDOM. THEN IN 1939, WORLD WAR II BEGAN. AS POLAND WAS INVADED FIRST. BY NAZI GERMANY AND THEN THREE WEEKS LATER BY COMMUNIST RUSSIA. POLAND A SUFFERED AN UNIMAGINABLE LOSS OF 20% OF ITS POPULATION THAT PERISHED DURING WORLD WAR II, THE MOST OF ANY NATION IN THAT WAR. . OF THE 14 MILLION PEOPLE KILLED OVER SIX MILLION PEOPLE WERE KILLED IN POLAND. THREE MILLION JEWS AND THREE MILLION CHRISTIANS. AS WELL AS ROMA AND THE DISABLED, HOMOSEXUAL AND OTHER INNOCENTS. POLAND NEVER SURRENDERED. THERE NEVER WAS A COLLABORATIONIST POLISH GOVERNMENT. ESTABLISHING A FREE GOVERNMENT IN EXILE, POLISH ARMIES FOUGHT ON EVERY FRONT IN EUROPE INCLUDING ALONGSIDE AMERICAN SOLDIERS AT NORMANDY. DESPITE THE NAZI AND SOVIET CAMPAIGN TO WIPE OUT POLAND'S MOST EDUCATED AND ACCOMPLISHED AND INDEED POLAND'S HISTORY, POLAND RESISTED WITH THE LARGEST DOWNGROUND RESISTANCE. POLAND NEVER SURRENDERED NOR DID IT SURRENDER TO NAZI OR COMMUNIST -- WITH BULLETS TO THE BACK OF THEIR HEADS, KILLED OVER 12,000 POLISH LEADERS FROM ITS MILITARY, CIVIL SOCIETY, THEIR EDUCATIONAL COMMUNITY AND THEIR RELIGIOUS LEADERSHIP. 1945 BROUGHT ALLIED LIBERATION TO A WAR-TORN EUROPE BUT NOT TO POLAND WHICH FELL UNDER THE SOVIET YOKE, REPRESSED AND BLOCKED -- YOLK, REPRESSED AND BLOCKED. EVEN DENIED A TRUE REPRESENTATION OF ITS WAR-TIME HEROISM, TRAGEDY AND TERROR. BUT IN 1989 AFTER 43 YEARS OF INCREASING RESISTANCE TO OCCUPATION INSIDE POLAND, ITS FIERCE LOVE OF LIBERTY SPILLED OVER INTO SUCCESSFUL RESISTANCE AND MASSIVE ELECTORAL VICTORY WON BY THE LABOR MOVEMENT THAT YIELDED ULTIMATE LIBERTY FOR POLAND. THIS WAS THE FIRST WAVE OF MAJOR POPULAR ACROSS THE SOVIET BLOCK THAT RESULTED IN THE BERLIN WALL'S COLLAPSE IN 1989, THE WALL THAT DIVIDED LIBERTY FROM TYRANNY AND ULTIMATELY COMMUNISM'S DEMISE. POLAND HAS ACHIEVED A STEADY ECONOMIC GROWTH AND EACH YEAR SINCE ITS RETURN TO FREEDOM THE MOST ROBUST OF ANY NATION IN EUROPE. YET, THE MILLIONS OF SOULS WHO PERISHED IN POLAND ACROSS EVERY FAITH CONCESSION AND ETHIC ORIGIN, MUCH REMAINS UNKNOWN TO HISTORY. OUR GLOBE IS STILL WEIGHTED DOWN WITH THE SENSE OF GRIEF AND LACK OF HISTORICAL TRUTH THAT HUMANITY MUST ADDRESS. FOR THE MILLIONS THAT PERISHED, THIS ANNIVERSARY YEAR OF POLAND'S REBIRTH SHOULD BE AN OCCASION TO UPLIFT THAT HISTORICAL TRUTH TO HEEL, NOT DIVIDE. AS WE SPEAK, VICIOUS RUSSIAN AGGRESSION AIMS TO DESTIBLIZE EUROPE AND OUR PRESENCE TRANS-ATLANTIC AND NATO ALLIANCE, ESSENTIAL TO LIBERTY. POLAND SHOULD RECOMMIT TO LIBERTY AND RULE OF LAW, SETTING ASIDE LANGUAGE AND GESTURES THAT INFLAME DIVISIONS ACROSS EUROPE. NOW'S THE TIME FOR UNITY, NOT DIVISION. NOW'S THE TIME FOR RESTRAINT, NOT ANTAGONISM. NOW IS THE TIME FOR DIALOGUE, NOT MEDIA TAUNTS. AND LET ME THANK THEM FOR THEIR REASONED PROGRESS AND REASONED STATEMENT. NOW IS THE TIME FOR DIPLOMATIC EXCELLENCE AND MILITARY READINESS, NOT PROVOCATIVE GESTURES. LEGISLATIVE OR OTHERWISE. NOW'S THE TIME FOR ROBUST ARCHIVAL RESTORATION SO THE FULL TRUTH OF MILLIONS WHO PERISHED CAN BE KNOWN AND RECORDED FOREVER. NOW'S THE TIME TO STRENGTHEN FREEDOM'S UMBRELLA, NOT WEAKEN IT. MAY I EXTEND ALL CONGRATULATIONS AND BLESSINGS TO POLAND ON ITS 100TH ANNIVERSARY OF REBORN NATIONHOOD. THANK YOU AND I YIELD BACK.

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                                            • 10:34:18 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM…

                                              THE GENTLEWOMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM PENNSYLVANIA, MR. FITZPATRICK, FOR FIVE MINUTES.

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                                            • 10:34:26 AM

                                              MR. FITZPATRICK

                                              MR. SPEAKER, RECENTLY I WAS FORTUNATE TO MEET AN IMPRESSIVE YOUNG MAN,…

                                              MR. SPEAKER, RECENTLY I WAS FORTUNATE TO MEET AN IMPRESSIVE YOUNG MAN, KEVIN, AND CELEBRATE WITH HIM AS HE EARNED THE RANK OF EAGLE SCOUT. KEVIN IS A SENIOR IN HIGH SCHOOL. HE'S INVOLVED IN THE COMMUNITY AS A MEMBER OF THE UNIFIED SPECIAL OLYMPICS AND THE REGULAR SPECIAL OLYMPICS WHERE HE COMPETES IN SOCCER, SWIMMING, BOCCI, BASEBALL, TRACK AND FIELD. HE'S THE MANAGER OF THE SCHOOL LACROSSE TEAM. INVOLVED IN THIS YEAR'S MUSICAL AND VOTED HOMECOMING KING. AS AN EAGLE SCOUT IN TROOP 91 KEVIN EARNED 36 MERIT BADGES AND LED A GROUP OF 38 OTHERS IN BUILDING A GA Z-BO ON THE HIGH SCHOOL GROUNDS IN JUST TWO -- GAZEBO ON THE HIGH SCHOOL GROUNDS IN JUST TWO DAYS. KEVIN IS A HEINING EXAMPLE OF COMMITMENT TO COMMUNITY -- IS A SHINING EXAMPLE OF COMMITMENT TO COMMUNITY SERVICE. CONGRATULATIONS, KEVIN, ON EARNING THIS WELL-DESERVED RANK OF EAGLE SCOUT. MR. SPEAKER, I RISE TODAY TO RECOGNIZE CHRISTINE, ALLIE AND KIM FOR THEIR WORK IN THE COMMUNITY COMBATING TYPE 1 DIABETES. AFTER ALL THREE WOMEN HAD A CHILD DIAGNOSED WITH DIABETES IN 2014, THEY BEGAN RAISING MONEY TO FIND A CURE. IN 2016, THEY TOOK THEIR EFFORTS EVEN FURTHER, STARTING THE TYPE ONE PARENT PROJECT FOUNDATION, FOCUSED ON PROVIDING SUPPORT AND GUIDANCE FOR FAMILIES IN MY DISTRICT IN BUCKS AND MONTGOMERY COUNTIES AS WELL AS RAISING GENERAL AWARENESS ABOUT TYPE ONE DIABETES. THIS YEAR THIS ORGANIZATION WILL CONTINUE TO EXPAND ITS EFFORTS, INCREASING THE NUMBER AND RANGE OF SPEAKERS AT THEIR MEETINGS, CREATING A MENTORING PROGRAM WHERE OLDER KIDS CAN MENTOR YOUNGER ONES ABOUT THE EFFECTS OF TYPE ONE DIABETES AND THEY WILL IN THE COMING MONTHS AWARD SEVERAL SCHOLARSHIPS TO LOCAL FAMILIES SO KIDS CAN ATTEND THE AMERICAN DIABETES CAMP FREEDOM, A WEEK-LONG OVERNIGHT CAMP FOR KIDS THAT HAVE DIABETES. MR. SPEAKER, I WANT TO THANK THEM FOR ALL THE WORK THEY'RE DOING TO COPE KIDS AND HELP KIDS SAFE IN OUR COMMUNITY AND EDUCATE OUR COMMUNITY ABOUT CHILDREN FACING THIS CHALLENGE. MR. SPEAKER, I YIELD BACK.

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                                            • 10:37:00 AM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM NEW…

                                              THE GENTLEMAN YIELDS BACK. THE CHAIR RECOGNIZES THE GENTLEMAN FROM NEW YORK, MR. JEFFRIES, FOR FIVE MINUTES.

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                                            • 10:37:04 AM

                                              MR. JEFFRIES

                                              MR. SPEAKER, RECKLESS, REGREVES AND REPREHENSIBLE REPUBLICAN BUDGET CUTS…

                                              MR. SPEAKER, RECKLESS, REGREVES AND REPREHENSIBLE REPUBLICAN BUDGET CUTS FUNDING FOR SOCIAL SECURITY, CUTS MEDICARE, CUTS MEDICAID,. THE REPUBLICAN BUDGET CUTS FUNDING FOR MEALS ON WHEELS, CUTS FUNDING FOR SCHOOL VIOLENCE PREVENTION PROGRAMS. IT EVEN CUTS FUNDING FOR THE SPECIAL OLYMPICS. WHO DOES THAT? THE REPUBLICAN BUDGET SEEKS TO BALANCE ITSELF ON THE BACKS OF WORKING FAMILIES, MIDDLE-CLASS FOLKS, SENIOR CITIZENS, THE POOR, THE SICK, THE AFFLICTED, VETERANS, RURAL AMERICA, AND THE SAFETY OF OUR CHILDREN. IT'S AN ABDICATION OF RESPONSIBILITY. IT'S A DIRLIX OF DUTY. IT'S A -- DERELICTION OF DUTY. THE RECKLESS REPUBLICAN BUDGET IS A RAW DEAL FOR THE AMERICAN PEOPLE. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON BETTER JOBS, BETTER WAGES AND A BETTER FUTURE FOR THE AMERICAN PEOPLE. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON HIGHER PAY, LOWER COSTS, AND PROVIDING THE AMERICAN PEOPLE WITH THE TOOLS TO SUCCEED IN THE 21ST CENTURY ECONOMY. DEMOCRATS HAVE A BETTER DEAL FOCUSED ON IMPROVING THE QUALITY OF LIFE OF EVERYDAY AMERICANS. I YIELD BACK.

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                                            • 10:38:37 AM

                                              THE SPEAKER PRO TEMPORE

                                              BACK.

                                            • 12:00:13 PM

                                              THE SPEAKER

                                              THE HOUSE WILL BE IN ORDER. THE PRAYER WILL BE OFFERED BY OUR CHAPLAIN,…

                                              THE HOUSE WILL BE IN ORDER. THE PRAYER WILL BE OFFERED BY OUR CHAPLAIN, FATHER CONROY.

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                                            • 12:00:20 PM

                                              CHAPLAIN CONROY

                                              LET US PRAY. ETERNAL GOD WE GIVE YOU THANKS FOR GIVING US ANOTHER DAY. THE…

                                              LET US PRAY. ETERNAL GOD WE GIVE YOU THANKS FOR GIVING US ANOTHER DAY. THE PROPHET ISAIAH IN THE FIRST CHAPTER BEGINS HIS MESSAGE WITH THESE WORDS -- HEAR OHEAVENS AND LISTEN OH EARTH FOR THE LORD SPEAKS. ALL THE HEAVENS AND ALL THE EARTH CANNOT GRASP OR CONTAIN YOUR WORD, O LORD, WHEN SPOKEN AND UNLEASHED UPON THE WORLD YOU WORD CATAPULTS MESSENGERINGS TO THEIR -- IMAGININGS TO THEIR HEIGHTS. MAY OUR HEARING TURN TO LISTENING AND OUR LISTENING MAKE US SO ATTENTIVE THAT IT LEADS TO NEW UNDERSTANDING AND NEW WAYS OF ACTING. YOUR WORD PROVOKES ISAIAH TO CRY OUT TO THE PEOPLE IF ONLY WE WERE FREE ENOUGH TO BE RAISED UP BY ITS POWER OR STRONG ENOUGH TO BE EMBRACED BY ITS FULL PASSION. THEN WE, LIKE ISAIAH WOULD BE ABLE TO HEAR IN OUR BROADCASTED NEWS THE VICE OF VIOLENCE COMING FROM OUR OWN CHILDREN, AND WE WOULD LAMENT AS A NATION SEARCHING FOR PROPHETIC VISION UNTIL WE IN OUR WAYS OF ACTING CHANGE. WE PRAY FOR THIS VISION NOW AND MAY ALL THAT IS DONE THIS DAY IN THE PEOPLE'S HOUSE BE FOR YOUR GREATER HONOR AND GLORY, AMEN.

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                                            • 12:01:49 PM

                                              THE SPEAKER

                                              THE CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND…

                                              THE CHAIR HAS EXAMINED THE JOURNAL OF THE LAST DAY'S PROCEEDINGS AND ANNOUNCES HIS APPROVAL THEREOF. PURSUANT TO CLAUSE 1 OF RULE 1, THE JOURNAL STANDS APPROVED. THE PLEDGE OF ALLEGIANCE WILL BE LED BY MR. DEUTCH.

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                                            • 12:02:08 PM

                                              MR. DEUTCH

                                              FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND…

                                              FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

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                                            • 12:02:17 PM

                                              THE SPEAKER

                                              THE CHAIR ASKS THAT THE HOUSE NOW OBSERVE A MOMENT OF SILENCE IN HONOR OF…

                                              THE CHAIR ASKS THAT THE HOUSE NOW OBSERVE A MOMENT OF SILENCE IN HONOR OF THOSE WHO HAVE BEEN KILLED OR WOUNDED IN SERVICE TO OUR COUNTRY AND ALL THOSE WHO SERVE AND THEIR FAMILIES.

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                                            • 12:02:43 PM

                                              THE SPEAKER

                                              THE CHAIR WILL ENTERTAIN UP TO 15 REQUESTS FOR ONE-MINUTE SPEECHES ON EACH…

                                              THE CHAIR WILL ENTERTAIN UP TO 15 REQUESTS FOR ONE-MINUTE SPEECHES ON EACH SIDE OF THE AISLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED.

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                                            • 12:03:07 PM

                                              MR. JOHNSON

                                              THE RICHARDSON POLICE FORCE OFFICER DAVID GARRARD. LAST MONTH HE AND OTHER…

                                              THE RICHARDSON POLICE FORCE OFFICER DAVID GARRARD. LAST MONTH HE AND OTHER OFFICERS RESPONDED TO A DOMESTIC DISTURBANCE WHERE SHERRARD WERE SHOT AND LATER SUCCUMBED TO HIS WOUND. MR. SPEAKER, DAVID SERVED WITH THE RICHARDSON POLICE DEPARTMENT FOR 13 YEARS. HE WAS KNOWN FOR HIS GENEROSITY AND BRAVERY BUT ABOVE ALL HE WAS KNOWN FOR HIS FAITH IN GOD WHICH HE SHARED WITH OTHERS. SHERRARD WAS THE FIRST RICHARDSON POLICE OFFICER TO DIE IN THE LINE OF DUTY. HIS DEATH IS A GREAT LOSS. HIS WIFE AND DAUGHTERS REMAIN IN MY THOUGHTS AND PRAYERS. MR. SPEAKER, I ASK MY COLLEAGUES TO JOIN ME IN HONORING THE SERVICE AND SACRIFICE OF DAVID SHERRARD, A TRUE HOMETOWN HERO. THANK YOU AND I YIELD BACK.

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                                            • 12:04:24 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TEXAS YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE…

                                              THE GENTLEMAN FROM TEXAS YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM ILLINOIS SEEK RECOGNITION? THE GENTLEMAN FROM ILLINOIS IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:04:35 PM

                                              MR. QUIGLEY

                                              THANK YOU, MR. SPEAKER. WILLIE BROKE THE COLOR BARRIER IN PROFESSIONAL…

                                              THANK YOU, MR. SPEAKER. WILLIE BROKE THE COLOR BARRIER IN PROFESSIONAL HOCKEY. ALL WHILE OVERCOMING RACIAL SLURS, DOUBT AND BLINDNESS IN HIS RIGHT EYE. OFTEN REFERRED TO AS THE JACKIE ROBINSON OF HOCKEY, WILLIE HAS BEEN A TRUSTED CHAMPION FOR DIVERSITY, A PROPONENT OF INCLUSION, AND AN INSPIRATION FOR SO MANY YOUNG PLAYERS BOTH OFF AND ON THE ICE. EACH FEBRUARY WE CELEBRATE BLACK HISTORY MONTH AS WELL AS HOCKEY IS FOR EVERYONE MONTH AND NO ONE EMBODIES BOTH OF THOSE TRIBUTES AS PROFOUNDLY AS LIVING LEGEND WILLIE. HE'S AS HUMBLE AS HE IS INSPIRING, OFTEN REMINDING PLAYS HE ONLY PLAYED IN THE NHL FOR 45 GAMES. WHILE THAT MAY BE TRUE, HE CHANGED THE GAME FOREVER. THERE ARE FEW PLAYERS WORTHY OF BEING INDUCTED IN THE HALL OF FAME AND IT'S LONG OVERDUE WILLIE'S NAME BE ADDED TO THAT LIST. AS THE HOCKEY HALL OF FAME CONTINUES TO ACCEPT AND REVIEW NOMINEES SUBMISSIONS BEFORE THE MARCH 15 DEADLINE, I WANT TO REMIND EVERYONE OF THE COUNTLESS WAYS WILLIE STRENGTHENED AND SUPPORTED THIS SPORT. I THANK HIM FOR HIS CONTINUED EFFORTS TO INCREASE ACCESS FOR ALL PEOPLE, OF ALL BACKGROUNDS TO GET OUT ON THE ICE AND PLAY THE GREATEST GAME. THANK YOU AND I YIELD BACK.

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                                            • 12:05:52 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN…

                                              THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MONTREAL SEEK -- FROM MONTANA SEEK RECOGNITION?

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                                            • 12:06:00 PM

                                              MR. GIANFORTE

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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                                            • 12:06:03 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MONTANA IS RECOGNIZED.

                                            • 12:06:06 PM

                                              MR. GIANFORTE

                                              MR. SPEAKER, I RISE TODAY TO DRAW ATTENTION TO WASHINGTON'S INACTIVITY…

                                              MR. SPEAKER, I RISE TODAY TO DRAW ATTENTION TO WASHINGTON'S INACTIVITY THAT IS LOCKED UP -- HAS LOCKED UP HUNDREDS OF THOUSANDS OF ACRES OF MONTANA PUBLIC LANDS. IN THE 1970'S, CONGRESS DESIGNATED OVER A MILLION ACRES OF MONTANA AS WILDERNESS STUDY AREAS. THE U.S. FOREST SERVICE AND B.L.M. WERE CHARGED WITH DETERMINING WHETHER TO INCLUDE THEM IN THE NATIONAL WILDERNESS PRESERVATION SYSTEM. BY THE EARLY 1980'S, THE FOREST SERVICE AND B.L.M. HAD MADE THEIR RECOMMENDATIONS, BUT CONGRESS DID NOT ACT. NOW NEARLY 40 YEARS LATER, CONGRESS STILL HASN'T ACTED AND THOSE STUDY AREAS ARE STILL LOCKED UP. MR. SPEAKER, LAST WEEK I INTRODUCED THE UNLOCKING PUBLIC LANDS ACT AND THE PROTECT PUBLIC USE OF PUBLIC LANDS ACT. THESE BILLS WILL RELEASE NEARLY 700,000 ACRES OF LANDS FOUND TO BE NOT SUITABLE FOR WILDERNESS DESIGNATION AND RETURN THEM TO FOREST SERVICE AND B.L.M. MANAGEMENT. COUNTY COMMISSIONERS, STATE LEGISLATORS AND IMPACTED COMMUNITIES SUPPORT THIS OVERDUE ACTION. CONGRESS IS ABOUT 40 YEARS LATE IN UNLOCKING MONTANA'S PUBLIC LANDS AND INCREASING PUBLIC ACCESS TO THEM. IT'S TIME TO FINISH THE JOB. THANK YOU, MR. SPEAKER, AND I YIELD BACK.

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                                            • 12:07:21 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN…

                                              THE GENTLEMAN YIELDS BACK HIS TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM FLORIDA SEEK RECOGNITION?

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                                            • 12:07:27 PM

                                              >>

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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                                            • 12:07:31 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

                                            • 12:07:36 PM

                                              >>

                                              MR. SPEAKER, IT'S BEEN JUST 20 DAYS SINCE THE SHOOTING AT MARJORY STONEMAN…

                                              MR. SPEAKER, IT'S BEEN JUST 20 DAYS SINCE THE SHOOTING AT MARJORY STONEMAN DOUGLAS IN PARKLAND, FLORIDA, BUT WHEN YOU SPEND THOSE DAYS GOING TO FUNERALS AND MEMORIAL SERVICES AND VIGILS AND WHEN YOU SPEND THOSE DAYS MEETING WITH GRIEVING PARENTS WHO DON'T KNOW WHAT LIFE IS WITHOUT THEIR LOVED ONE AND WHEN YOU SPEND THOSE DAYS DEMANDING THAT THIS HOUSE TAKE ACTION, IT FEELS A LOT LONGER.

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                                            • 12:08:06 PM

                                              MR. DEUTCH

                                              LIFE MOVES ON, NEW HEADLINES FIGHT TO PUSH OUR PAIN ASIDE. ONE PARKLAND…

                                              LIFE MOVES ON, NEW HEADLINES FIGHT TO PUSH OUR PAIN ASIDE. ONE PARKLAND STUDENT STARTING HER FIRST FULL WEEK AT MARJORY STONEMAN DOUGLAS SINCE THE SHOOTING SAID THIS ON TWITTER -- THERE ARE NO MEDIA TRUCKS IN SIGHT. DON'T FORGET ABOUT PARKLAND. MR. SPEAKER, THE FIGHT IS NOT OVER. MR. SPEAKER, THIS CONGRESS CANNOT AND WILL NOT JUST MOVE ON FROM THIS TRAGEDY. THE NATION WILL NOT FORGET PARKLAND BECAUSE THIS TIME WE JOIN WITH THE MARJORY STONEMAN DOUGLAS STUDENTS IN DECLARING, NEVER AGAIN, AND I YIELD BACK.

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                                            • 12:08:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM NEW YORK SEEK RECOGNITION?

                                            • 12:08:54 PM

                                              >>

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE.

                                            • 12:09:00 PM

                                              ORE WITHOUT

                                              WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:09:02 PM

                                              MS. STEFANIK

                                              MR. SPEAKER, I RISE TODAY IN RECOGNITION OF THE HARD WORK AND DEDICATION…

                                              MR. SPEAKER, I RISE TODAY IN RECOGNITION OF THE HARD WORK AND DEDICATION OF OUR NORTH COUNTRY OLYMPIANS WHO MADE HISTORY AT THE 2018 WINTER GAMES IN PYEONGCHANG. THE UNITED STATES WOMEN'S BOBSLED TEAM TRAINED IN LAKE PLACID IN MY DISTRICT, FINISHED STRONG WITH AN INCREDIBLE SILVER WIN. WE'RE ALSO INCREDIBLY EXCITED WITH CHRIS, WHO MADE OLYMPIC HISTORY THIS YEAR, TAKING HOME TEAM U.S.A.'S FIRST-EVER MEDAL IN MEN'S SINGLES LUGE. CHRIS TRAINED TIRELESSLY AT THE OLYMPIC TRAINING CENTER IN LAKE PLACID AND I KNOW HE'S INSPIRED THE NEXT GENERATION FROM ACROSS OUR REGION. CHRIS, THE NORTH COUNTRY HAS BEEN BUZZING WITH EXCITEMENT SINCE THE WINTER GAMES BEGAN AND SEEING YOU ON THE PODIUM WAS AN INCREDIBLE MOMENT FOR US ALL. CONGRATULATIONS TO CHRIS AND TO ALL OF OUR OLYMPIANS WHO SHOWED THE WORLD JUST WHAT THE NORTH COUNTRY HAS TO OFFER. THANK YOU AND I YIELD BACK.

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                                            • 12:10:00 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MICHIGAN SEEK RECOGNITION?

                                            • 12:10:05 PM

                                              MR. KILDEE

                                              MR. SPEAKER, I SEEK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE.

                                            • 12:10:09 PM

                                              TEMPORE WITHOUT

                                              WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:10:11 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. THIS WEEK IS GREAT LAKES WEEK. AS A MICHIGANNER, I…

                                              THANK YOU, MR. SPEAKER. THIS WEEK IS GREAT LAKES WEEK. AS A MICHIGANNER, I AM PROUD OF THE FACT -- MICHIGANDER, I AM PROUD OF THE FACT THAT CONGRESS HAS WORKED TO PROTECT THE GREAT LAKES. THE GREAT LAKES GENERATE BILLIONS OF DOLLARS IN ECONOMIC ACTIVITY AND PROVIDE DRINKING WATER TO 40 MILLION PEOPLE. WE HAVE TO DO EVERYTHING WE CAN TO PROTECT THEM FROM HARM. UNFORTUNATELY, PRESIDENT TRUMP RECENTLY UNVEILED HIS PROPOSED BUDGET, WHICH CUTS FUNDING TO THE GREAT LAKES BY 90%. IMPORTANT RESTORATION INITIATIVE THAT HAS SUCCEEDED AND HAS HAD BIPARTISAN SUPPORT. THE PRESIDENT NEARLY ELIMINATES. PROTECTING OUR GREAT LAKES HAS NEVER BEEN A PARTISAN ISSUE. DEMOCRATS AND REPUBLICANS HAVE COME TOGETHER BEFORE TO RESTORE FUNDING CUTS THAT WERE POE POSED BY PRESIDENT TRUMP. I'M CONFIDENT THAT WE WILL COME TOGETHER AGAIN. THIS GREAT LAKES WEEK, AS EVERY WEEK, I STAND UP FOR THE GREAT LAKES AND THOSE WHO DEPEND UPON THEM. THIS IS A CRITICAL WATER RESOURCE THAT MUST BE PROTECTED.

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                                            • 12:11:27 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM FLORIDA SEEK RECOGNITION?

                                            • 12:11:30 PM

                                              MS. ROS-LEHTINEN

                                              RECOGNITION?

                                            • 12:11:35 PM

                                              THE SPEAKER PRO TEMPORE

                                              MY REMARKS. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE GENTLEWOMAN IS…

                                              MY REMARKS. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:11:39 PM

                                              MS. ROS-LEHTINEN

                                              THANK YOU SO MUCH, MR. SPEAKER. I RISE TODAY TO RECOGNIZE ALBERTO CARVALO,…

                                              THANK YOU SO MUCH, MR. SPEAKER. I RISE TODAY TO RECOGNIZE ALBERTO CARVALO, THE SUPERINTENDENT OF MIAMI-DADE COUNTY PUBLIC SCHOOLS, THE NATION'S FOURTH LARGEST SCHOOL SYSTEM WITH MORE THAN 500,000 STUDENTS. FOR THE PAST DECADE, ALBERTO HAS WORKED TIRELESSLY ON BEHALF OF STUDENTS AND EDUCATORS THROUGHOUT MY CONGRESSIONAL DISTRICT. HIS EFFORTS HAVE PROPELLED MIAMI-DADE PUBLIC SCHOOLS INTO A POSITION OF NATIONAL PROMINENCE, AND IT IS NOW ONE OF THE NATION'S HIGHEST PERFORMING URBAN SCHOOL SYSTEMS. RECENTLY, CARVALO WAS OFFERED THE OPPORTUNITY OF A LIFETIME, TO RUN THE LARGEST SCHOOL SYSTEM IN THE COUNTRY, AND THAT IS CHANCELLOR OF NEW YORK CITY SCHOOLS, BUT HE SHOWED HIS DEDICATION AND COMMITMENT TO SOUTH FLORIDA STUDENTS AND TEACHERS WHEN HE DECIDED TO STAY IN MIAMI-DADE. AND AS A FORMER FLORIDA CERTIFIED TEACHER, I AM SO GLAD THAT HE IS STAYING TO CONTINUE LEADING MIAMI-DADE COUNTY PUBLIC SCHOOLS. MR. SPEAKER, ON BEHALF OF OUR GRATEFUL COMMUNITY AND COUNTLESS INDIVIDUALS WHO HAVE BEEN POSITIVELY IMPACTED BY ALBERTO CARVALO'S UNWAVERING DEDICATION, I WANT TO SAY THANK YOU, AMIGO. PLEASE STAY. THANK YOU.

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                                            • 12:12:59 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION?…

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW YORK SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:13:07 PM

                                              MR. HIGGINS

                                              MR. SPEAKER, NINE YEARS AGO CONTINENTAL FLIGHT 3407 CRASHED IN WESTERN NEW…

                                              MR. SPEAKER, NINE YEARS AGO CONTINENTAL FLIGHT 3407 CRASHED IN WESTERN NEW YORK, KILLING ALL ABOARD AND ONE ON THE GROUND. THE NATIONAL TRANSPORTATION SAFETY BOARD FOUND THAT THE CAUSE OF THE CRASH WAS PILOT ERROR AND POOR TRAINING. PRIOR TO THE ENACTMENT OF FLIGHT SAFETY LAWS, THERE WERE TWO LEVELS OF SAFETY. ONE FOR THE MORE -- ONE MORE STRINGENT FOR THE COMMERCIAL CARRIERS THAT WE'RE ALL FAMILIAR WITH AND ONE CONSIDERABLY LESS STRINGENT FOR THE ONES THAT WE ARE LESS AWARE OF. AND THERE WERE TWO LEVELS OF SAFETY. NOW THERE IS ONLY ONE. BECAUSE OF THE COURAGEOUS WORK OF THE FAMILIES OF THE SURVIVORS THAT CAME TO CONGRESS AND ENACTED OR HELP CONGRESS ENACT VERY STRICT SAFETY REGULATIONS. WE HAVE NOT HAD A COMMERCIAL CRASH THAT ENDED UP IN FATALITY SINCE THAT TIME. IT'S IMPORTANT WE NOT ROLL BACK THE SAFETY STANDARDS AS THEY ARE BASED ON THE NATIONAL TRANSPORTATION SAFETY BOARD'S FINDINGS AND THE WORK OF THIS CONGRESS. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 12:14:16 PM

                                              THE SPEAKER PRO TEMPORE

                                              FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS…

                                              FROM TEXAS SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:14:25 PM

                                              MR. SMITH

                                              MR. SPEAKER, THE SPECIAL COUNSEL INVESTIGATION HAS PUSHED WAY BEYOND ITS…

                                              MR. SPEAKER, THE SPECIAL COUNSEL INVESTIGATION HAS PUSHED WAY BEYOND ITS AUTHORIZED PURPOSE. RECENT REPORTS INDICATE THAT INDIVIDUALS HAVE BEEN QUESTIONED ABOUT PRESIDENT TRUMP'S BUSINESS ACTIVITIES PRIOR TO HIS ENTERING THE 2016 CAMPAIGN. THE PRIVATE INTEREST OF TRUMP FAMILY MEMBERS ALSO ARE BEING PROBED. THESE LINES OF INVESTIGATION CLEARLY VIOLATE THE SCOPE OF THE SPECIAL COUNSEL, WHICH IS LIMITED TO, QUOTE, ANY LINKS AND/OR COORDINATION BETWEEN THE RUSSIAN GOVERNMENT AND INDIVIDUALS ASSOCIATED WITH THE CAMPAIGN, END QUOTE. IN THE INTEREST OF JUSTICE, THE INVESTIGATION MUST BE LIMITED. THE DEPUTY ATTORNEY GENERAL SHOULD DO SO PLEADLY TO ENSURE A FAIR -- DO SO IMMEDIATELY TO ENSURE A FAIR PROCESS. A ROGUE INVESTIGATION SHOULD NOT BE ALLOWED TO CONTINUE. .

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                                            • 12:15:22 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM THE DISTRICT OF COLUMBIA SEEK…

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM THE DISTRICT OF COLUMBIA SEEK RECOGNITION? WITHOUT OBJECTION THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:15:33 PM

                                              MS. HOLMES

                                              FLORIDA STATE SENATE GOT SHOCK NUFFED BY THE SHOOTING TO PASS A GUN SAFETY…

                                              FLORIDA STATE SENATE GOT SHOCK NUFFED BY THE SHOOTING TO PASS A GUN SAFETY BILL. THE FLORIDA HOUSE HAS JET TO ACT. WHATEVER FLORIDA DOES, RUBIO'S TOKEN GUN BILL IN FLORIDA IS BELIED BY HIS PENDING BILL TO ELIMINATE VIRTUALLY ALL OF THE DISTRICT OF COLUMBIA'S GUN SAFETY LAWS. WORSE, RUBIO HAS PUT HIS D.C. BILL IN THE CONGRESS ORIGINALLY TO RAISE HIS N.R.A. RATING FOR THE LAST TWO CONGRESSES. IT DID RAISE THE RATING FROM D PLUS TO A. I'VE MANAGED TO SAVE D.C.'S GUN SAFETY LAWS, BUT RUBIO'S SHAMEFULLY TOKEN RESPONSES IN THE SENATE TO THE PARKLAND TRAGEDY WILL BE SEEN AS ONE MORE ACT OF HYPOCRISY UNTIL HE STOPS MEDDLING IN MY DISTRICT'S AFFAIRS AND WITHDRAWS HIS D.C. GUN BILL.

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                                            • 12:16:44 PM

                                              THE SPEAKER PRO TEMPORE

                                              AND PERSONALITIES TOWARD MEMBERS IN THE SENATE. FOR WHAT PURPOSE DOES THE…

                                              AND PERSONALITIES TOWARD MEMBERS IN THE SENATE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

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                                            • 12:16:56 PM

                                              >>

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE…

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND TO REVISE AND EXTEND MY REMARKS.

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                                            • 12:17:01 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:17:12 PM

                                              MR. POE

                                              IN THE EARLY MORNING HOURS, IT WAS COLD, DAMP, AND DARK IN THE OLD SPANISH…

                                              IN THE EARLY MORNING HOURS, IT WAS COLD, DAMP, AND DARK IN THE OLD SPANISH MISSION, THE ALAMO. MARCH 6, 1836. A BATTLE FOR TEXAS INDEPENDENCE. A SMALL BAND OF 186 TEXIANS AND THE HAW KNOWS HAD ALREADY REBELED -- REPELLED TWO ATTEMPTS BY DICTATOR SANTA ANA AND HIS ARMY OF THOUSANDS TO TAKE THE GARRISON. ON THIS MORNING, THE ENEMY OVERWHELMED THE VOLUNTEERS AND KILLED THEM ALL, SURVIVORS WERE MURDERED. TRAVELS WROTE IN A LETTER ON MARCH 3 THAT A VICTORY BY THE ENEMY WILL COST SANTA ANA MORE THAN DEFEAT. HE WAS RIGHT, THE ENEMY LOSSES WERE STAGGERING. AND IT GAVE SAM HOUSTON TIME TO RAISE ANOTHER ARMY. TEXAS THEN WAS A REPUBLIC. IT WAS SUCCESSFUL BECAUSE THE ALAMO DEFENDERS BELIEVED DEATH WAS PREFERABLE TO TYRANNY. TODAY WE HONOR THEIR SACRIFICE ON THE ALTAR OF LIBERTY. THAT'S JUST THE WAY IT IS, EYE YIELD BACK.

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                                            • 12:18:22 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM ILLINOIS SEEK RECOGNITION?

                                            • 12:18:25 PM

                                              >>

                                              I ASK PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE AND RHETT LET'S --…

                                              I ASK PERMISSION TO ADDRESS THE HOUSE FOR ONE MINUTE AND RHETT LET'S -- AND REVISE AND EXTEND MY REMARKS.

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                                            • 12:18:32 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:18:34 PM

                                              >>

                                              THANK YOU, MR. SPEAKER. LAST WEEK I WAS INVITED TO THE WHITE HOUSE TO MEET…

                                              THANK YOU, MR. SPEAKER. LAST WEEK I WAS INVITED TO THE WHITE HOUSE TO MEET WITH PRESIDENT TRUMP AND HIS ADVISORS TO DISCUSS TRADE AND THE RENEGOTIATION OF NAFTA. MY DISTRICT IS THE EIGHTH LARGEST AGRICULTURE DISTRICT IN THE COUNTRY. FOR DISTRICTS LOIK MINE, THE FREEH TRADE IS CRUCIAL TO ENSURING THAT THERE ARE NEW MARKETS FOR OUR FARMERS AN MANUFACTURING, TO SELL THEIR PRODUCTS AND GOODS. THAT IS WHY I URGE THE PRESIDENT TO MAINTAIN AND STRENGTHEN OUR EXISTING TRADE AGREEMENTS INCLUDING AND A HALF TAFMENT NOT WITHDRAW OR CREATE NEW BARRIERS TO FREE TRADE. THE AMERICAN ECONOMY IS CURRENTLY BOOMING. THANKS TO ONCE IN A LIFETIME TAX REFORM. WITH DISPOSABLE INCOME SEEING ITS HIGHEST JUMP SINCE 2015. WE SHOULD BE WORKING TO BUILD UPON THIS SUCCESS, NOT INSTITUTING PROTECTIONIST TARIFFS THAT COULD START A TRADE WAR. IN THE END THE COST OF TARIFFS ARE PASSED ON TO CONSUMERS. AND ACT LIKE A NEW FORM OF TAXATION, WHICH COULD UNDO MUCH OF THE GAIN WE WAS SEEN SINCE TAX REFORM. I URGE THE PRESIDENT AND HIS TEAM TO RECONSIDER THE BLANKET TARIFFS DISCUSSED LAST WEEK AND INSTEAD FOCUS ON FIGHTING SPECIFIC, UNFAIR TRADE PRACTICES THAT PUT AMERICAN BUSINESSES AT A DISADVANTAGE. I YIELD BACK.

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                                            • 12:19:48 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM SOUTH CAROLINA SEEK RECOGNITION?

                                            • 12:19:55 PM

                                              >>

                                              ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND EXTEND MY REMARKS.

                                            • 12:20:00 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:20:06 PM

                                              MR. WILSON

                                              RAME IS OUR ALLY IN THE NORTHEAST AND WE MUST STAND UP FOR OUR FRIENDS. WE…

                                              RAME IS OUR ALLY IN THE NORTHEAST AND WE MUST STAND UP FOR OUR FRIENDS. WE HAVE SEEN SIX ANTI-ISRAEL RESOLUTIONS PASSEDS IN THE LAST YEAR ALONE. THIS IS HYPOCRITICAL DISCRIMINATION. THAT'S WHY I INTRODUCED HOUSE RESOLUTION 728 WHICH RECOGNIZE HS THAT THE UNITED NATIONS HUMAN RIGHTS COUNCIL WASTES TAXPAYER MONEY BY TARGETING ISRAEL AND REITERATES THEY NEED TO STOP THIS SHAMEFUL BEHAVIOR TOWARD ISRAEL. EVEN THE U.N. SEC RETEAR GENERAL HAS PRONOUNCED DISAPPOINTMENT WITH THE HUMAN RIGHTS COUNCIL SINGLING ISRAEL GIVEN THE OTHER VIOLATIONS OCCURRING AROUND THE WORLD. I WAS GRATEFUL TO ATENT THE AIPAC CONFERENCE THIS WEEKEND WHERE I PARTICIPATED ON A DISCUSSION OF THREATS FROM GAZA. I HIGHLIGHTED THE THREATS THEY FACE SUCH AS THE HAMAS TUNNELS AND TALKED ABOUT THE WAYS TO ADDRESS -- THE UNITED STATES CAN HELP ADDRESS THE THREATS OF KIDNAPPING AND MURDER. GOD BLESS OUR TROOP, WE WILL NEVER FORGET SEPTEMBER 11 AND THE GLOBAL WAR ON TERRORISM. AMERICANS APPRECIATE PRIME MINISTER BENJAMIN NETANYAHU FOR HIS VISIT TO CONGRESS TODAY.

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                                            • 12:21:25 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM PENNSYLVANIA SEEK RECOGNITION?

                                            • 12:21:28 PM

                                              >>

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND…

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE AND REVISE AND EXTEND MY REMARKS.

                                              Show Full Text
                                            • 12:21:33 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:21:36 PM

                                              >>

                                              THANK YOU, MR. SPEAKER. THIS AFTERNOON I'LL MEET WITH LEADERS FROM THE…

                                              THANK YOU, MR. SPEAKER. THIS AFTERNOON I'LL MEET WITH LEADERS FROM THE SCHOOL NUTRITION ASSOCIATION OF PENNSYLVANIA, COMMONLY KNOWN AS SNAP--PA, A STATEWIDE ORGANIZATION OF SCHOOL NUTRITION PROFESSIONALS.

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                                            • 12:21:50 PM

                                              MR. THOMPSON

                                              THEY WORK TO ADVANCE QUALITY CHILD NUTRITION PROGRAMS THROUGH EDUCATION…

                                              THEY WORK TO ADVANCE QUALITY CHILD NUTRITION PROGRAMS THROUGH EDUCATION AND ADVOCACY. IT'S AN ALL-VOLUNTEER BOARD OF DIRECTORS ELECTED BY ITS MEMBERSHIP WHICH CURRENTLY STANDS AT MORE THAN 2,300 INDIVIDUALS. AS CHAME OF THE AGRICULTURE SUBCOMMITTEE ON NUTRITION, A SENIOR MOBE THEN HOUSE EDUCATION WORK FORCE COMMITTEE, I KNOW THE ESSENTIAL SERVICES SNAP-PA WORKS TO PROVIDE. STUDENTS RECEIVE HIGH QUALITY, LOW COST MEALS THANKS TO SNAP-PA. MR. SPEAKER, IT IS IMPORTANT TO REMEMBER THAT FOR SOME STUDENT THE ONLY MEAL THEY MAY RECEIVE MAY BE AT SCHOOL. THIS ORGANIZATION WORKS TO KEEP OUR CHILDREN HELICOPTERY AND EBB SURES THEY HAVE HEALTHY OPTIONS FOR THE SCHOOL PROGRAMS. I LOOK FORWARD TO WORKING WITH THEM AND THANK SNAP-PA FOR ADVANCING THE AVAILABILITY, CALL AND ACCEPTANCE OF JUNIOR HIGH SCHOOL NUTRITION PROGRAMS AS AN ENESSENTIAL PART OF EDUCATION IN PENNSYLVANIA FOR MORE THAN 60 YEARS. THANK YOU AND I YIELD BACK.

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                                            • 12:22:52 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS SEEK RECOGNITION?

                                            • 12:22:55 PM

                                              >>

                                              I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE, MR. SPEAKER.

                                            • 12:22:58 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 12:23:01 PM

                                              >>

                                              MR. SPEAKER, I RISE IN SUPPORT OF THE COMPREHENSIVE REGULATORY REVIEW ACT.…

                                              MR. SPEAKER, I RISE IN SUPPORT OF THE COMPREHENSIVE REGULATORY REVIEW ACT. AS A FORMER REGULATOR AT THE FDIC, I CAN TELL YOU THAT THE ROAD TO A REALLY BAD ECONOMY IS PAVED WITH SEEMINGLY GOOD REGULATIONS. REGULATIONS LIKE THE ONES THAT CAME OUT OF DODD-FRANK WERE INTENDED TO PROTECT THE CONSUMER. BUT ENDED UP CREATE MANAGER BURDEN, MORE COMPLEXITY, MORE COST AND FEWER CHOICES AND OH, BY THE WAY, IT DESTROYS RELATIONSHIP BANKING IN RURAL AMERICA AND DISTRICTS I REPRESENT. THE BEST WAY TO PROTECT CONSUMERS AND WEED OUT THE BAD-ACTING BUSINESSES IS A HEALTHY MARKET WITH ROBUST COMPETITION, TRANSPARENCY AND MORE CHOICES FOR THE CONSUMER. THE LAST EIGHT YEARS GAVE US AN ADMINISTRATIONIVE STATE IN PLACE OF THE FREEST AND GREATEST ECONOMY IN THE WORLD. WE INHERED TRILLIONS OF DOLLARS IN REGULATORY COST, MILLIONS OF HOURS IN PAPERWORK AND AN ECONOMY THAT'S GRINDED TO A NEAR HALT. LET'S CONTINUE TO REIN IN THE UNNECESSARY REGULATIONS, LET'S GET THIS ECONOMY GROWING AGAIN, AND LET'S MAKE AMERICA GREAT AGAIN. I YIELD BACK.

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                                            • 12:24:07 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA SEEK RECOGNITION?…

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM CALIFORNIA SEEK RECOGNITION? WITHOUT OBJECTION THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                              Show Full Text
                                            • 12:24:19 PM

                                              >>

                                              THANK YOU, MR. SPEAKER. LAST DECEMBER THE THOMAS FIRE RAGED THROUGH…

                                              THANK YOU, MR. SPEAKER. LAST DECEMBER THE THOMAS FIRE RAGED THROUGH VENTURA AND SANTA BARBARA COUNTY, EVENTUALLY BECOMING THE LARGEST WILDFIRE IN CALIFORNIA'S HISTORY. OUR HEROIC FIREFIGHTERS LEFT THEIR FAMILIES BIND IN THE HOLIDAY SEASON TO FIGHT TIRELESSLY ON THE FRONT LINES, SAVING HOMES, BUSINESSES, AND LIVES. A FEW SHORT WEEKS LATER, OUR FIRST RESPONDERS WERE CALLED BACK INTO ACTION WHEN HEAVY RAINS BROUGHT DEBRIS FLOWS THAT TRAGICALLY CLAIMED THE LIVES OF 23 PEOPLE IN MONT SEE TOE. AS RESIDENTS WERE EVACUATING, THESE BRAVE FIRE FIGHTERS RAN TOWARD THE DISASTER WITHOUT A SECOND THOUGHT. PULLING PEOPLE OUT OF THE MUD AND DEBRIS FOR DAYS AFTERWARD. I'D LIKE TO THANK ALL OUR FIRST RESPONDERS TO -- RESPONDERS WHO SO BRAVELY ANSWERED THE CALL OF DUTY IN THESE SEASONS. WITH US HERE TODAY ARE FIREFIGHTERS FROM I.F.F. LOCAL 2046, CAL FIRE LOCAL 2881, AND THE VENTURA COUNTY AND CALIFORNIA PROFESSIONAL FIREFIGHTERS ASSOCIATION. THANK YOU ALL FOR YOUR UNPARALLELED LEVEL OF SERVICE TO KEEP OUR LOVED ONES ON THE CENTRAL COAST SAFE. THANK YOU FOR YOUR SERVICE. MR. SPEAKER, I YIELD BACK.

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                                            • 12:25:40 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ALABAMA SEEK RECOGNITION?…

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM ALABAMA SEEK RECOGNITION? WITHOUT OBJECTION, THE GENTLEWOMAN IS RECOGNIZED FOR ONE MINUTE.

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                                            • 12:25:53 PM

                                              >>

                                              MR. SPEAKER, I RISE TODAY TO SHARE THE NEWS THAT I RECENTLY RECEIVED THAT…

                                              MR. SPEAKER, I RISE TODAY TO SHARE THE NEWS THAT I RECENTLY RECEIVED THAT ALABAMA'S SECOND DISTRICT AS THE 13TH LARGEST POPULATION OF MILITARY RETIREES IN THE NATION.

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                                            • 12:26:04 PM

                                              MRS. ROBY

                                              IT GOES WITHOUT SAYING THAT THIS IS SIGNIFICANT. AT THE END OF LAST YEAR…

                                              IT GOES WITHOUT SAYING THAT THIS IS SIGNIFICANT. AT THE END OF LAST YEAR THERE WERE MORE THAN 16,000 RETIREES LIVING IN ALABAMA'S SECOND DISTRICT. WHILE I'M GLAD THESE RETIRED SERVICE MEMBERS CHOSE US, WE ARE TRULY HONORED TO HAVE THEM. AS THEIR NEIGHBORS IT IS OUR JOB TO MAKE SURE THEY FELL AT HOME, WELCOME AND MOST OF ALL APPRECIATED. SO MR. SPEAKER, TO THE 16,000 RETIRED MILITARY PERSONNEL WHO CALL ALABAMA'S SECOND DISTRICT HOME, I JOIN OUR STATE AND COMMUNITY IN THANKING YOU FOR YOUR SERVICE TO OUR COUNTRY. WE THANK YOU FOR SACRIFICING ON OUR BEHALF. NOW LET US CARE FOR YOU. THAT STARTS WITH MAKING SURE THAT OUR SET RANS ARE RECEIVING THE CARE THAT THEY WERE PROMISED WHEN THEY SIGNED UP TO PUT THEIR LIVES ON THE LINE FOR THIS NATION. IF YOU ARE A VETERAN WHO NEEDS ANY KIND OF CASE WORK ASSISTANCE WITH THE DEPARTMENT OF VETERANS' AFFAIRS, SOCIAL SECURITY ADMINISTRATION, OR OTHER FEDERAL AGENCY, PLEASE CONTACT MY OFFICE NOW. DO NOT PUT THIS OFF. MY STAFF AND I WORK FOR YOU, WE ARE GRATEFUL FOR YOU AND AS A REPRESENTATIVE OALABAMA'S SECOND DISTRICT I'M HERE TO FIGHT FOR YOU. THANK YOU, I YIELD BACK.

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                                            • 12:27:14 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CHAIR LAY PFERS THE HOUSE AN ENROLLED BILL.

                                            • 12:27:20 PM

                                              THE CLERK

                                              H.R. 3656 TO PROVIDE FOR A CONSISTENT ELIGIBILITY DATE FOR PROVISION OF…

                                              H.R. 3656 TO PROVIDE FOR A CONSISTENT ELIGIBILITY DATE FOR PROVISION OF DEPARTMENT OF VETERANS' AFFAIRS MEMORIAL HEADSTONES AND MARKERS FOR ELIGIBLE SPOUSES AND DEPENDENT CHILDREN OF VETERANS WHOSE REMAINS ARE UNAVAILABLE.

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                                            • 12:27:37 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS, MR. HENSARLING, SEEK…

                                              FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS, MR. HENSARLING, SEEK RECOGNITION?

                                              Show Full Text
                                            • 12:27:43 PM

                                              MR. HENSARLING

                                              PURSUANT TO HOUSE RESOLUTION 747, I CALL UP H.R. 4607 AND ASK FOR ITS…

                                              PURSUANT TO HOUSE RESOLUTION 747, I CALL UP H.R. 4607 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE.

                                              Show Full Text
                                            • 12:27:53 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CLERK WILL REPORT THE TITLE OF THE BILL.

                                            • 12:27:56 PM

                                              THE CLERK

                                              UNION CALENDAR NUMBER 433, H.R. 4607, A BILL TO AMEND THE ECONOMIC GROWTH…

                                              UNION CALENDAR NUMBER 433, H.R. 4607, A BILL TO AMEND THE ECONOMIC GROWTH AND PAPERWORK REDUCTION ACT OF 1996 TO ENSURE THAT FEDERAL FINANCIAL REGULATORS PERFORM A COMPREHENSIVE REVIEW OF REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON COVERED PERSONS AND FOR OTHER PURPOSES.

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                                            • 12:28:19 PM

                                              THE SPEAKER PRO TEMPORE

                                              PURR SUNE TO HOUSE RESOLUTION 747, AN AMENDMENT IN THE NATURE OF A…

                                              PURR SUNE TO HOUSE RESOLUTION 747, AN AMENDMENT IN THE NATURE OF A SUBSTITUTE CON SITHSING OF THE TEXT OF RULES COMMITTEE PRINT 115-61, MODIFIED BY THE AMENDMENT PRINTED IN PART B OF HOUSE REPORT 115-582 IS ADOPTED AND THE BILL AS AMENDED IS CONSIDERED READ. THE BILL SHALL BE DEBATABLE FOR ONE HOUR, EQUALLY DIVIDED AND CONTROLLED BY THE CHAIR AND RANKING MEMBER OF THE COMMITTEE ON FINANCIAL SERVICES. THE GENTLEMAN FROM TEXAS, MR. HENSARLING, AND THE GENTLEWOMAN FROM CALIFORNIA, MS. WATERS, EACH WILL CONTROL 30 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM TEXAS.

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                                            • 12:29:04 PM

                                              MR. HENSARLING

                                              I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO…

                                              I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND SUBMIT EXTRANEOUS MATERIALS ON THE BILL UNDER CONSIDERATION.

                                              Show Full Text
                                            • 12:29:12 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION, SO ORDER.

                                            • 12:29:14 PM

                                              MR. HENSARLING

                                              I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 12:29:16 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 12:29:19 PM

                                              MR. HENSARLING

                                              BEFORE PR SEEDING TO THE BILL BEFORE US ON THE HOUSE, NOT UNLIKE YOURSELF…

                                              BEFORE PR SEEDING TO THE BILL BEFORE US ON THE HOUSE, NOT UNLIKE YOURSELF I AM A PROUD TEXAN. IN MY DAYS A FIFTH GENERATION TEXAN. LISTEN VERY CAREFULLY TO THE GENTLEMAN FROM TEXAS, JUDGE POE, I DO WISH TO REMEAN MY COLLEAGUES THAT IT WAS THIS DAY IN 1836 THAT BRAVE MEN IN TEXAS TOOK ON THE MINIONS OF TYRANNY AT THE ALAMO. ALTHOUGH THEY LOST THAT BATTLE, THEY INSPIRED THEIR NATION AT THE TIME, TEXAS, THAT WOULD LATER BECOME PART OF OUR NATION. SO ON THIS DAY THAT IS SPECIAL TO ALL TEXANS, IT SHOULD BE SPECIAL TO ALL AMERICANS, WE REMEMBER THE CRADELE OF LIBERTY, REMEMBER THE ALAMO, GOD BLESS TEXAS. MR. SPEAKER, OTHERWISE, I RISE ALSO TODAY IN SUPPORT OF H.R. 3607, WHICH IS A VERY IMPORTANT PIECE OF LEGISLATION BROUGHT TO US BY VERY HARDWORKING MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MR. LAUDERMILK OF GEORGIA. IT IS -- MR. LOUDERMILK OF GEORGIA. IT ADDRESSES THE DUPELY KATIVE AND OUTDATED REGULATIONS THAT TOO OFTEN HAVE IMPOSED COSTS ON OUR COMMUNITY FINANCIAL INSTITUTIONS THAT ULTIMATELY MAKE CREDIT MORE EXPENSIVE AND LESS AVAILABLE TO OUR CONSTITUENTS. IT PASSED OUT OF THE COMMITTEE WITH A VERY STRONG BIPARTISAN VOTE OF 38-17 AND I CONGRATULATE HIM FOR HIS BILL. . SPECIFICALLY, MR. SPEAKER, THIS BILL REQUIRES THAT ALL OF THE REGULATORS THAT NOW INCLUDE THE CFPB AND THE NCUA, THE NATIONAL CREDIT UNION ASSOCIATION. IT ENSURES THAT ALL OF OUR FINANCIAL REGULATORS, NOT JUST SOME, BUT ALL WILL PARTICIPATE IN THE ECONOMIC GROWTH AND REGULATE PAPERWORK REDUCTION ACT NOR AS EGRPRA, A LAW THAT DATES BACK TO THE CLINTON ERA, AND MAKES SURE THAT ALL AGENCIES THAT ARE PRESCRIBED BY THEMSELVES OR IMPACTS OUR FINANCIAL INSTITUTIONS. THE PERSON OF THIS REVIEW, AGAIN, IS TO REDUCE REGULATION THAT'S PROVEN OVERLY BURDENSOME, DUPLICATIVE WHILE MAINTAINING OUR SAFETY AND SOUNDNESS STANDARDS. MR. SPEAKER, ALL THIS IS IS A REVIEW. IT ENSURES A REVIEW. THIS BILL MAKES SURE THESE AGENCIES MEET EVERY SEVEN YEARS FOR COMPREHENSIVE REGULATE EVALUATION AS OPPOSED TO THE CURRENT 10-YEAR STANDARD. THIS IS ESPECIALLY IMPORTANT -- AND I SALUTE THE GENTLEMAN FROM GEORGIA FOR HIS LEADERSHIP -- BECAUSE WE HAVE SEEN OUR FINANCIAL SECTOR OF THE ECONOMY SUFFER UNDER THE WEIGHT, THE LOAD, THE BURDEN OF REGULATION, PARTICULARLY BECAUSE SIX OF THE SEVEN HEAVIEST REGULATE YEARS OCCURRED UNDER THE LAST ADMINISTRATION. SO WE NEED A MORE THOROUGH REVIEW OF THESE REGULATIONS. REQUIRING OUR FEDERAL AGENCIES TO SIMPLY REVIEW THEIR ACTIONS IN A TRANSPARENT MANNER ON A MORE FREQUENT BASIS, IT'S SIMPLE, IT'S FAIR, IT'S STRAIGHTFORWARD, IT IS WISE. MR. SPEAKER, A HEALTHY FINANCIAL SYSTEM THAT PROVIDES EQUAL OPPORTUNITY TO ALL AMERICANS TO ACHIEVE FINANCIAL INDEPENDENCE CAN ONLY EXIST IF WE HAVE SMART REGULATION. AND THE EXPLOSIVE GROWTH OF REGULATION FOLLOWING THE ENACTMENT OF DODD-FRANK HAS MADE IT SIGNIFICANTLY HARDER FOR OUR COMMUNITY BANKS AND CREDIT UNIONS TO SERVE THEIR CUSTOMERS AND MEMBERS. AND IN FACT, THE COMPLEXITY AND COST OF THIS REGULATE BURDEN HAS FORCED MANY OF THEM OUT OF BUSINESS OR HAS FORCED THEM TO CUT BACK SERVICES TO THEIR CUSTOMERS AND MEMBERS. AND IT'S ONE OF THE REASONS WHY ON AVERAGE WE CONTINUE TO LOSE ONE COMMUNITY BANK OR CREDIT UNION A DAY OR EVERY OTHER DAY IN AMERICA. THIS SHOULD NOT BE HAPPENING. BUT ULTIMATELY, MR. SPEAKER, IT'S NOT THE BANKS AND CREDIT UNIONS WE'RE SO CONCERNED ABOUT. IT'S THEIR CUSTOMERS. IT'S CUSTOMERS LIKE MISSOURI MOM MICHELLE WHO EXPLAINED TO US HOW FRUSTRATING IT HAS BEEN FOR HER 20-YEAR-OLD DAUGHTER WITH A FULL-TIME JOB TO GET A LOAN TO BUY HER FIRST CAR. AGAIN, HER DAUGHTER HAS A FIRST-TIME JOB, AND AS MICHELLE EXPLAINED TO US, QUOTE, IT'S A CATCH 22. YOU NEED CREDIT TO GET CREDIT BUT NO ONE WILL GIVE YOU THE CREDIT TO BEGIN WITH. I WOULD LIKE TO SEE OUR YOUNG ADULTS BE ABLE TO BUILD THE CREDIT THEY NEED SO THEY CAN HAVE A DECENT FUTURE. MR. SPEAKER, IT'S FOR PEOPLE LIKE MICHELLE AND HER DAUGHTER THAT WE NEED THIS REGULATE REVIEW. IT'S WHY WE NEED THE BILL FROM THE GENTLEMAN FROM GEORGIA. THESE ARE THE PEOPLE WE'RE TRYING TO HELP. OR LIKE ANN IN WISCONSIN WHO'S TRYING TO GET A LOAN TO REMODEL HER ATTACHED GARAGE WHEN HER SON WAS BORN AND SHE SAID, QUOTE, MY HUSBAND AND I HAVE VERY HIGH CREDIT SCORES AND WE HAVE EQUITY IN OUR HOME. BUT BECAUSE MY HUSBAND HAS A SEASONAL JOB AND FINDS OTHER EMPLOYMENT IN THE WINTER, THE MANY BANKS WE CONTACTED REJECTED OUR LOAN REQUEST. THEY BASE THAT ON OUR ANNUAL INCOME ONLY ON THE JOB HE WAS CURRENTLY IN AND SAID IT WAS PART OF THE NEW REGULATION. WELL, OF COURSE IT IS, MR. SPEAKER. THAT'S WHY THEY NEED TO BE REVIEWED. IT'S PEOPLE LIKE ANN IN WISCONSIN WE NEED TO HELP. OUR DAN, A NAVY VETERAN FROM ILLINOIS, WHO ACTUALLY HAD TO CLOSE DOWN, CLOSE DOWN THE SMALL AUTO FINANCE COMPANY HE STARTED WITH HIS WIFE 25 YEARS AGO, AND HE HAD TO CLOSE IT DOWN BECAUSE OF NEW FEDERAL REGULATION. HE EXPLAINS, QUOTE, LARGE COMPANIES CAN AFFORD A SEPARATE LEGAL DEPARTMENT TO DEAL WITH THESE ISSUES AND THE MYRIAD OF NEW REGULATIONS. A SMALL BUSINESS LIKE OURS CANNOT. WE HAD TO MAKE A DECISION. IT WAS JUST NOT WORTH THE RISK TO CONTINUE OPERATIONS IN THIS ANTI-BUSINESS ENVIRONMENT, UNQUOTE. SO, MR. SPEAKER, IT'S PEOPLE LIKE MICHELLE, IT'S PEOPLE LIKE ANN, IT'S PEOPLE LIKE DAN WHO DESERVE THE OPPORTUNITY TO HAVE CREDIT FOR THEIR HOMES, THEIR AUTOS, THEIR SMALL BUSINESSES. AND SO WE MUST ENSURE THAT ALL OF OUR FEDERAL REGULATORS, ALL OF OUR FEDERAL FINANCIAL REGULATORS TAKE A THOROUGH COMPREHENSIVE VIEW -- REVIEW OF THEIR REGULATE BURDEN SO WE CAN CONTINUE TO SUPPORT THE PEOPLE WHO NEED CREDIT. H.R. 4607, AGAIN, HAS GARNERED STRONG BIPARTISAN SUPPORT. IT IS PRACTICAL. IT IS COMMON SENSE AND I URGE ALL OF MY COLLEAGUES TO ADOPT IT AND I RESERVE THE BALANCE OF MY TIME.

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                                            • 12:36:21 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS…

                                              THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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                                            • 12:36:27 PM

                                              MS. WATERS

                                              THANK YOU VERY MUCH. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR.…

                                              THANK YOU VERY MUCH. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. MR. SPEAKER, I RISE IN OPPOSITION TO H.R. 4607, THE SO-CALLED COMPREHENSIVE REGULATORY REVIEW ACT. SO INSTEAD OF ADVANCING LEGISLATION THAT IMPROVES OUR FINANCIAL REGULATE FRAMEWORK, THE REPUBLICAN MAJORITY IS PUSHING YET ANOTHER BILL THAT IS A GIVEAWAY TO WALL STREET AND PREDATORY LENDERS. LET'S BE CLEAR. THIS BILL IS INTENDED TO DISMANTLE RULES CONSIDERED INCONVENIENT BY THE FINANCIAL SERVICES INDUSTRY. IF THIS BILL WERE ENACTED, FINANCIAL SERVICES REGULATORS WILL BE FORCED TO SPEND MORE TIME AND RESOURCES ON BACKWARD-LOOKING REVIEWS AND DEREGULATING THE FINANCIAL SERVICES INDUSTRY RATHER THAN STRENGTHENING PROTECTIONS FOR CONSUMERS AND THE ECONOMY. ALLOW ME TO EXPLAIN. THE ECONOMIC GROWTH AND REGULATE PAPER REDUCTION ACT, OR EGRPRA, CURRENTLY REQUIRES THE FEDERAL RESERVE, THE FDIC, AND THE O.C.C. TO CONDUCT A REVIEW OF THE REGULATIONS THAT THEY HAVE ISSUED IN ORDER TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATE REQUIREMENTS IMPOSED ON INSURED DEPOSITORY INSTITUTIONS. THE BANKING REGULATORS CONDUCT THIS REVIEW EVERY 10 YEARS, BUT UNTIL NOW THIS REVIEW HAS BEEN A RELATIVELY BALANCED CAREFUL ASSESSMENT THAT BANKING REGULATORS HAVE DONE TWICE IN THE LAST TWO DECADES. AND THE REGULATORS HAVE TAKEN THIS PROCESS SERIOUSLY. THE LAST REVIEW TOOK ABOUT THREE YEARS TO COMPLETE. IT INVOLVED FIELD HEARINGS AND PUBLIC ENGAGEMENT. THE FINAL REVIEW INCLUDED MANY BALANCED AND THOUGHTFUL RECOMMENDATIONS TO IMPROVE RULES, MANY OF THESE THAT WOULD PROVIDE RELIEF FOR COMMUNITY BANKS AND CREDIT UNIONS BUT IN A WAY THAT ALSO MAINTAINS SAFEGUARDS FOR CONSUMERS AND PROTECTS THE INTERESTS OF THE PUBLIC AND THE BROADER ECONOMY. UNFORTUNATELY, H.R. 4607, THIS BILL, WILL MAKE THREE MAJOR MISTAKES IN CHANGING THE CURRENT REVIEW PROCESS. FIRST, THIS BILL ACTUALLY REQUIRES REGULATORS TO CHANGE REGULATIONS SO THAT THEY ARE LESS COSTLY AND BURDENSOME FOR, QUOTE, COVERED PERSONS, END QUOTE. WELL, WHO ARE THESE COVERED PERSONS? THEY ARE THE MILLIONS OF CONSUMERS WHO WERE HARMED BY WELLS FARGO'S SCHEME TO OPEN FRAUDULENT ACCOUNTS WITHOUT THEIR KNOWLEDGE. WERE THEY? NO. ARE THEY THE MANY CONSUMERS WHO LEARNED JUST A FEW DAYS AGO THAT CITI GROUP VIOLATED THE LAW BY CHARGING THEM TOO MUCH INTEREST ON THEIR CREDIT CARDS? NO, NO. ARE THESE COVERED PERSONS IN THIS BILL THE LATINO OR AFRICAN-AMERICAN FAMILIES WHO WERE DISCRIMINATED AGAINST BY JPMORGAN CHASE, BANK OF AMERICA, AND SO MANY OTHER BANKS STEERING THEM INTO MORE COSTLY MORTGAGES WHEN THEY QUALIFIED FOR MORE AFFORDABLE LOANS? NO, NOT AT ALL. THEY ARE SENIORS -- ONES BEING PROTECTED, ARE THEY SENIORS, SERVICE MEMBERS WHO FALL PREY TO PAYDAY LENDERS THAT TRAP THEM IN A CYCLE OF DEBT? NO. ARE THEY COLLEGE GRADUATES WHO ARE HARASSED BY DEBT COLLECTORS FOR THEIR STUDENT LOAN DEBT? NO. UNDER THIS BILL, MR. SPEAKER, COVERED PERSONS ARE DEFINED AS, QUOTE, ANY PERSON THAT ENGAGES IN OFFERING OR PROVIDING A CONSUMER FINANCIAL PRODUCT OR SERVICE AND ANY AFFILIATED SUCH PERSON IF SUCH AFFILIATE ACTS AS A SERVICE PROVIDER TO SUCH PERSON, END QUOTE. YOU KNOW WHAT THAT MEANS? YOU KNOW WHO THESE SO-CALLED COVERED PERSONS IN THIS BILL ARE, WHO THEY'RE TALKING ABOUT? THAT MEANS WELLS FARGO, JPMORGAN CHASE, CITI GROUP, BANK OF AMERICA, PAYDAY LENDERS, MORTGAGE BROKERS, DEBT COLLECTORS, AND THOUSANDS OF OTHER FINANCIAL COMPANIES. ALL OF THESE COMPANIES WOULD GET EASIER RULES THAT LIMIT THEIR COST AND BURDENS WITHOUT APPROPRIATELY CONSIDERING THE IMPACT THEY'RE GOING TO HAVE ON THEIR CUSTOMERS. AND THIS BILL DOES NOTHING, ABSOLUTELY NOTHING TO STRENGTHEN PROTECTIONS FOR CONSUMERS WHERE THERE MIGHT BE DEFICIENCIES OR GAPS IN OUR REGULATE FRAMEWORK. SECOND, UNLIKE THE OTHER BANKING REGULATORS, WHICH ARE TASKED WITH ENSURING THE SAFETY AND SOUNDNESS OF THE FINANCIAL SERVICES SECTOR, THE CONSUMER BUREAU'S UNIQUE MISSION IS THE PROTECTION OF CONSUMERS AND OF ENSURING THAT THE CONSUMER MARKETPLACE OPERATES IN A FAIR, TRANSPARENT AND COMPETITIVE MANNER. ALTHOUGH IT MAY MAKE SENSE FOR THE BANKING AGENCIES TO PERIODICALLY REVIEW THEIR PRUDENTIAL RULES WITH THE FOCUS ON THEIR REGULATING ENTITIES, THE CONSUMER BUREAU SHOULD BE MAKING SURE THAT ITS RULES ARE APPROPRIATELY PROTECTING CONSUMERS AND THE INTEREST OF THE PUBLIC, NOT THE BIG FINANCIAL CORPORATIONS. IN ADDITION, THE CONSUMER BUREAU IS ALREADY SUBJECT TO UNIQUE ACCOUNTABILITY AND OVERSIGHT MEASURES THAT THE OTHER FINANCIAL REGULATORS ARE NOT. THESE SPECIAL CHECKS AND BALANCES INCLUDE THE REQUIREMENT THAT THE CONSUMER BUREAU HAVE SMALL BUSINESS REVIEW PANELS AS A PART OF ITS RULEMAKING PROCESS AND THE ABILITY OF THE FINANCIAL STABILITY OVERSIGHT COUNCIL, THAT IS FSOC, TO REPEAL ANY OF ITS FINAL RULES. AND THE CONSUMER BUREAU IS ALREADY REQUIRED TO REVIEW ALL OF ITS SIGNIFICANT RULES WITHIN FIVE YEARS OF THE TIME THEY GO INTO EFFECT. BUT IN A BALANCED, BALANCED MANNER. THE THIRD PROBLEM WITH H.R. 4607 IS THAT IT WILL MAKE IT HARDER FOR THE REGULATORS TO DO THEIR JOBS. THE BILL WOULD REQUIRE A COMPREHENSIVE REVIEW OF ALL BANKING AND CONSUMER PROTECTION REGULATIONS ONCE EVERY SEVEN YEARS INSTEAD OF EVERY DECADE. IF REGULATORS TAKE THESE REVIEWS AS SERIOUSLY AS THEIR PREVIOUS REVIEWS, AS I BELIEVE THEY WOULD, THEN THAT WOULD MEAN THEY WOULD BE TIED UP, SPENDING NEARLY HALF OF EACH SEVEN-YEAR CYCLE DOING REGULATE REVIEWS INSTEAD OF SUPERVISING THEIR REGULATED ENTITIES AND ENFORCING THE LAW. THIS BILL WOULD IMPOSE AN UNBALANCED REVIEW PROCESS ON REGULATORS THAT FAVORS INDUSTRY'S WISHES, FAVORS INDUSTRY'S WISHES OVER CONSUMERS AND THE ECONOMY. THE METHODOLOGY IN THIS BILL PROMOTES DEREGULATION. THAT'S WHAT THIS IS ALL ABOUT. THIS IS A BILL ABOUT DEREGULATION. INSTEAD OF CREATING A ROBUST PROCESS TO IDENTIFY GAPS OR DEFICIENCIES IN OVERSIGHT THAT HARM CONSUMERS, UNDERMINE THE SAFETY AND SOUNDNESS OF OUR FINANCIAL SYSTEM OR JEOPARDIZE THE COUNTRY'S FINANCIAL STABILITY. SO I CANNOT SUPPORT A BILL THAT FORCES THE CONSUMER BUREAU TO WEAKEN RULES FOR WALL STREET AND PAYDAY LENDERS. I'M TALKING ABOUT THE CONSUMER FINANCIAL PROTECTION BUREAU. I URGE MY COLLEAGUES TO OPPOSE H.R. 4607. I RESERVE THE BALANCE OF MY TIME.

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                                            • 12:44:32 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 12:44:36 PM

                                              MR. HENSARLING

                                              MR. SPEAKER, I AM NOW VERY PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN…

                                              MR. SPEAKER, I AM NOW VERY PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM GEORGIA, MR. LOUDERMILK, AGAIN, A VERY HARDWORKING MEMBER OF THE FINANCIAL SERVICES COMMITTEE AND THE AUTHOR OF H.R. 4607.

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                                            • 12:44:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM GEORGIA IS RECOGNIZED.

                                            • 12:44:53 PM

                                              MR. LOUDERMILK

                                              THANK YOU, MR. SPEAKER. AND I ALSO WANT TO THANK MY COLLEAGUE FROM THE…

                                              THANK YOU, MR. SPEAKER. AND I ALSO WANT TO THANK MY COLLEAGUE FROM THE REPUBLIC OF TEXAS, CHAIRMAN HENSARLING, FOR GIVING ME THIS TIME TO MOVE AWAY SOME OF THE HYPERBOLE THAT YOU MAY HEAR TODAY AND SPEAK ABOUT THE TRUTH OF WHAT THIS REALLY SIMPLE AND COMMONSENSE MEASURE REALLY DOES. . THE COMPREHENSIVE REGULATORY REVIEW ACT REDUCES THE BURDEN THAT OUTDATED REGULATIONS POLICE ON SMALL BANKS AND LENDING INSTITUTIONS ACROSS THE LANDSCAPE OF AMERICA. I'D LIKE TO START BY THANKING SOME OF MY COLLEAGUES ON BOTH SIDES OF THE AISLE WHO HAVE WORKED TIRELESSLY TO MAKE THIS A STRONG, BIPARTISAN PIECE OF LEGISLATION. I APPRECIATE THE GENTLEMAN FROM NEW JERSEY, MR. GOTTHEIMER, FOR NEGOTIATING REASONABLE CHANGES TO THIS BILL AND FOR BEING AN ORIGINAL CO-SPONSOR. I ALSO APPRECIATE MR. DUFFY AND MS. SINEMA AND OTHERS WHO HAVE REACH AID CROSS THE AISLE TO CO-SPONSOR THIS IMPORTANT PIECE OF LEGISLATION. TO FULLY UNDERSTAND THIS BILL, MR. SPEAKER, WE HAVE TO GO BACK TO 1996, WHEN CONGRESS GAI THE FINANCIAL REGULATORY AGENCIES A USEFUL TOOL BY PASSING THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OR AS YOU HAVE HEARD TODAY, MORE COMMONLY KNOWN AS GG -- EGRPA, THIS DIRECTED THE FDIC TO REVIEW REGULATIONS ONCE EVERY 10 YEAR, IDENTIFY REGULATIONS THAT MAY BE OUTDATED, UNNECESSARY OR OVERLY BURDENSOME. AFTER THAT THEY WERE TO SEND A REPORT TO CONGRESS AND ELIMINATE ANY REGULATIONS THEY DETERMINED WERE UNNECESSARY. THIS LAW HAS BEEN SOMEWHAT USEFUL AND IT WAS GOOD BACK IN 1996 BECAUSE WHO WOULD OPPOSE RULES THE REGULATORS THOUGHT WERE UNNECESSARY. NOW THAT WE HAVE TWO REPORTS, 2007 AND 217, IT'S OBVIOUSLY THAT IT COULD HAVE BEEN MORE EFFECTIVE AND PRODUCED MORE USEFUL RECOMMENDATIONS THROUGH POLICYMAKERS. IN RETROSPECT WE ALSO REALIZE WE NEED MORE DIRECT ACTION FROM REGULATORS TO CLEAN UP OUTDATED AND UNNECESSARY RULES. THAT'S WHY IT'S IMPORTANT FOR CONGRESS TO REVISIT EGRPA AS THIS BILL DOES. MY BILL CONTAINS SEVERAL FORMS TO THE REVIEW PROCESS THAT WILL BREATHE NEW LIFE INTO THIS LAW THIS TOOL FOR REGULATORS AND MAKE SURE IT'S NOT SIMPLY A CHECK THE BOX EXERCISE. IT WILL MOVE THE REVIEW CYCLE FROM ONCE A DECADE TO UNDERSTAND EVERY SEVEN YEARS. IT WILL EXPAND TO INCLUDE ALL REGULATED FINANCIAL INSTITUTIONS INSTEAD OF ONLY INSURED DEPOSITORY INSTITUTIONS. IT WILL CODIFY THE ADMINISTRATION INTO THE LEGISLATION. THE BILL WILL ALSO ADD THE CONTROVERSIAL CONSUMER FINANCE PROTECTION BUREAU TO THE REVIEW PROCESS THIS PROVISION IS ESPECIALLY IMPORTANT BECAUSE BEFORE DODD-FRANK CONSUMER FINANCIAL LAWS WERE IMPLEMENTED BY THE THREE BANKING AGENCIES BUT WHEN DODD-FRANK WAS EP ACTED, CFPB WAS GIVEN RESPONSIBLE FOR ENFORCING CONSUMER FINANCIAL LAWS. SINCE THEY ARE EXEMPT FROM EGRPA, THESE ARE NO LONGER BEING COMP REHENCE ILY REVIEW. DODD-FRANK REQUIRES THEM TO REVIEW EVERY PHI YEARS AFTER THEY ARE ENACT BUD THIS RULES OUT RULES WHICH ARE CONSIDERED NONSIGNIFICANT. IT ALSO EXCLUDES RULES THAT WERE ADOPTED BEFORE THE CFPB WAS CREATED. ALSO THE CFPB'S REGULATORY REVIEWS ARE UNDER A SINGLE FIVE-YEAR LOOKBACK PERIOD. WE MUST ENSURE THAT EACH REGULATORY AGENCY IS COMPREHENSIVELY REVIEWING ITS RULES ON A REGULAR BASIS. THIS RULE IS NOT DUPLICATIVE BECAUSE IT REQUIRES THEM TO USE FIND FRGS REGULATORY REVIEWS AND REPORTS SO THE CFPB DOES -- DOESN'T WASTE TIME ON RULES ALREADY REVIEWED. MOST IMPORTANTLY, MR. SPEAKER, THIS BILL WILL REAR THE AGENCIES TO TAILOR RULES THAT THEY FIND TO BE UNNECESSARILY BASED ON THE SIZE AND RISK PROFILE OF THE BANK OR THE CREDIT UNION. MR. SPEAKER, I'D LIKE TO REPEAT THAT LAST POINT BECAUSE IT'S SO IMPORTANT. THIS BILL DOES NOT REQUIRE THE AGENCIES TO CUT REGULATIONS WITH A BROAD BRUSH AS IT HAS BEEN PRESENTED SO FAR. NOR DOES IT CUT REGULATIONS ON THE PAYDAY LENDING INDUSTRY AS SOME HAVE ARGUED. IT SIMPLY STATES THE RULES WILL BE ADJUSTED BASED OEN A COMPANY'S RISK IF THE REGULATEORS DETERMINE THAT TO BE APPROPRIATE. THE BILL ENSURES THAT THE FINANCIAL REGULATORS, THE REGULATORS, DETERMINE THAT A REGULATION IS IMPORTANT TO CONSUME BROTHER TEXT FOR SAFETY AND SOUNDNESS, THE AGENCY WILL STILL HAVE EVERY RIGHT TO LEAVE THAT REGULATION COMPLETELY INTACT. THIS BILL IS NOT JUST ABOUT ELIMINATING UNNECESSARY REGULATIONS, IT IS ABOUT GOOD GOVERNMENT AND CLEANING UP UNNECESSARY RED TAPE THAT INEVITABLY HURTS THE CONSUMER. MR. SPEAKER, THE TREASURY SECRETARY CAME TO OUR COMMITTEE FOR A HEARING LAST MONTH AND I ASKED HIM ABOUT THIS VERY ISSUE. HE SIMPLY SAID, AND I QUOTE, RULES AND REGULATIONS NEED TO BE CONSTANTLY LOOKED AT AS MARKETS CONTINUALLY CHANGE HE ALSO SAID I'M NOT SURE WHY THE CFPB WAS EXCEPTED FROM EGRPPA IS SO I AGREE WITH HE CHANGE THIS PASSED OUT OF COMMITTEE WITH 2/3 OF THE COMMITTEE MEMBERS AND I YIELD BACK.

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                                            • 12:50:23 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM TEXAS RESERVES. THE…

                                              THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEMAN -- THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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                                            • 12:50:32 PM

                                              MS. WATERS

                                              THANK YOU, MR. SPEAKER AND MEMBERS. I KNEW THAT MY FRIENDS ON THE OPPOSITE…

                                              THANK YOU, MR. SPEAKER AND MEMBERS. I KNEW THAT MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE WOULD BASICALLY REFER TO SMALL BANKS. THIS IS WHAT IS NORMALLY DONE WHEN WE SEE A DEREGULATORY -- WHEN WE SEE DEREGULATORY EFFORTS BEING MADE. THEY TALK ABOUT HOW THEY'RE TRYING TO HELP SMALL AND COMMUNITY BANKS. AND THEY FAIL TO TALK ABOUT THE MAJOR FINANCIAL INSTITUTIONS THAT I HAVE ALSO THAT IS BEING PUT FORTH. WHEN I TAKE A LOOK AT THE EXISTING LAW NOW, THE EXISTING LAW AND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT, I SEE THAT THEIR MISSION IS TO CONDUCT A REVIEW OF THE REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON SNURD DEPOSITORY INSTITUTIONS THIS DEREGULATORY BILL THAT WE HAVE BEFORE US GOES A LOT FURTHER AND AS I SAID, IT'S ABOUT DEREGULATIONS AND IT'S ABOUT REDUCING COST AND LIABILITY RISK AND THIS DOES NOT BENEFIT OUR CONSUMERS AT ALL. AGAIN, WHAT WE WOULD DO IN THE PASSAGE OF THIS BILL IS SIMPLY OPEN UP OPPORTUNITIES FOR THE BIG BANKS AND FINANCIAL INSTITUTIONS TO GET RID OF THE KIND OF OVERSIGHT, THE KIND OF LAWS THAT WE HAVE WORKED SO HARD, BECAUSE IT'S INCONVENIENT FOR THEM OR INTERFERES WITH THEIR BOTTOM LINE IN SOME WAY AND SO I DO NOT WANT OUR MEMBERS TO BE TRICKED OR FOOLED TO THINK NUMBER ONE, THIS IS SIMPLY ABOUT FURTHER GETTING RID OF PAPERWORK. OR THAT THIS IS ABOUT SUPPORTING THE SMALL BANKS. THIS IS ABOUT NEW WAYS BY WHICH TO DEREGULATE SO THAT THE BIG BANKS THAT ARE NOW FOUND TO BE DEFRAUDING, FOUND TO BE DISCRIMINATE, FOUND TO BE DOING THINGS LIKE WELLS FARGO HAS DONE , THIS IS ABOUT DEREGULATION THAT WILL FURTHER ENHANCE THEIR ABILITY TO DO THE KINDS OF THINGS THAT WE CLAIM TO BE SO OPPOSED TO AND THAT HARM OUR CONSUMERS. THE CONSUMER FINANCIAL PROTECTION BUREAU THAT THEY'RE NOW INCLUDE BIG WAY OF 4607, SHOULD BE LOOKED AT VERY CAREFULLY. FIRST OF ALL, MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE HATE THE CONSUMER FINANCIAL PROTECTION BUREAU. THEY WANT TO GET RID OF IT. THEY HAVE TRIED TIME AND TIME AGAIN TO UNDERMINE IT IN SO MANY WAYS. THE PRESIDENT HAS SENT MR. MULVANEY OVER THERE, WHO IS SUPPOSED TO BE OVER AT THE OFFICE OF MANAGEMENT AND BUDGET, TO BASICALLY DESTROY IT. AND SO WE CANNOT ALLOW THE MEMBERS OF CONGRESS TO BE TRICKED OR FOOLED THAT SOMEHOW THIS IS HELPFUL THAT THEY'RE BRINGING IN THE CONSUMER FINANCIAL PROTECTION BUREAU. WHAT THEY WANT TO DO IS TIE THE HANDS OF THE CONSUMER FINANCIAL PROTECTION BUREAU AND BASICALLY CHANGE THEIR MISSION FROM PROTECTION FOR CONSUMERS TO DEREGULATION FOR THE BIGGEST BANKS IN AMERICA. WHY DO WE HAVE THE CONSUMER FINANCIAL PROTECTION BUREAU? THAT IS THE CENTER PRIEST OF THE DODD-FRANK REFORM LEGISLATION THAT WE WORKED SO HARD ON. ARE WE FORGETTING ABOUT WHAT HAPPENED IN 2008? ARE WE FORGETTING ABOUT THE RECESSION THAT WAS CAUSED BY THE BIG BANKS WHO HAD BEEN INVOLVED WITH ALL OF THESE EXOTIC PRODUCTS AND WAYS BY WHICH THEY WERE ENTICING HOMEOWNERS, WOULD-BE HOMEOWNERS TO TRY AND GET MORTGAGES? WE CAN'T FORGET ABOUT ALL OF THAT WE HAVE TO KNOW THAT NOT ONLY DID WE HAVE A RECESSION, WE WERE HEADED FOR A DEPRESSION. AND DODD-FRANK REFORM HAS GONE A LONG WAY TOWARD ELIMINATING SOME OF THE BAD PRACTICES THAT WERE IN PLACE THAT GOT US INTO THAT SITUATION IN THE FIRST PLACE. AND NOW LIT BILL LITTING, MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE KEEP TRYING TO CREEP IN WITH NEW WAYS THAT THEY CAN SUPPORT THESE BIG BANKS AND FINANCIAL INSTITUTIONS AND DEREGULATE. AND LET THEM GET IN THE POSITION AGAIN WHERE THEY ARE TRICKING OUR CONSUMERS, WHERE THEY ARE COMING UP WITH THESE EXOTIC PRODUCTS THAT CAUSE OUR CONSUMERS TO EVENTUALLY GET INTO FORE CLE SURE, AND THAT WOULD ALLOW THE BIG BANKS AGAIN LIKE WELLS FARGO TO COME UP WITH ALL THESE TRICKS THAT THEY USE IN ORDER TO EN-- IN ORDER TO ENHANCE THE BOTTOM LINE. I THINK WE'RE SMARTER THATEN -- THAN THIS I DON'T THINK WE'RE GOING TO GO FOR THIS LEGISLATION THAT'S JUST ANOTHER WAY TO OPEN THE DOORS TO DEREGULATE. I RESERVE THE BALANCE OF MY TIME.

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                                            • 12:56:09 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 12:56:14 PM

                                              MR. HENSARLING

                                              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM OHIO, CHAIRMAN…

                                              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM OHIO, CHAIRMAN CHABOT, WHO IS THE CHAIRMAN OF THE SMALL BUSINESS COMMITTEE.

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                                            • 12:56:22 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM OHIO IS RECOGNIZED FOR TWO MINUTES.

                                            • 12:56:26 PM

                                              MR. CHABOT

                                              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4607, THE COMPREHENSIVE…

                                              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4607, THE COMPREHENSIVE REGULATORY REVIEW ACT. I WANT TO THANK CHAIRMAN HENSARLING AND THE ENTIRE FINANCIAL SERVICES COMMITTEE FOR THEIR CONTINUED CRITICAL WORK ON FINANCIAL REGULATIONS. AS CHAIRMAN TO HAVE THE HOUSE SMALL BUSINESS COMMITTEE, I CONSISTENTLY HEAR FROM MAIN STREET BUSINESSES, SMALL BUSINESSES, FROM ALL OVER THE COUNTRY THAT OVERREGULATION IS PREVENTING BUSINESS EXPANSION AND JOB GROWTH. JUST LAST WEEK I CHAIRED A HEARING ON A RECENT REPORT BY THE NONPARTISAN GOVERNMENT ACCOUNTABILITY OFFICE THAT EXPLORED WHETHER FINANCIAL REGULATIONS WERE ADVERSELY IMPACTING COMMUNITY BANKS AND CREDIT UNIONS. ONE OF THE MAJOR TAKEAWAYS FROM THAT REPORT WAS THAT WE NEED TO IMPROVE THE TOOLS AVAILABLE TO FINANCIAL REGULATORS TO REDUCE THOSE BURDENS. BECAUSE SMALL BUSINESSES MOST OFTEN RELY ON CONVENTIONAL BANK BORROWING TO FINANCE DEVELOPMENT, ANY ADDITIONAL RED TAPE THAT REDUCES ACCESS TO CAPITAL CAN BE A MONUMENTAL PROBLEM FOR THE NATION'S SMALLEST FIRMS. THE BILL THAT WE HAVE BEFORE US TODAY WHICH WOULD REFORM THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OF 1996 IS A MOVE IN THE RIGHT DIRECTION. MAKING SURE ALL FINANCIAL REGULATORS HAVE A COMPREHENSIVE PROCESS IN PLACE TO REVIEW REGULATIONS WILL STRENGTHEN OUR FINANCIAL SECTOR AND MAKE IT MORE POSSIBLE FOR AMERICA'S SMALL BUSINESSES TO HAVE ACCESS TO THE CAPITAL THAT THEY NEED TO GROW AND EXPAND AND CREATE MORE JOBS FOR MORE AMERICANS. AND THEREFORE I URGE MY COLLEAGUES TO SUPPORT THIS COMMONSENSE REFORMS THAT ARE IN THIS H.R. 4607, URGE THEM TO SUPPORT THIS AND YIELD BACK THE BALANCE OF MY TIME.

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                                            • 12:58:10 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM OHIO YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE…

                                              THE GENTLEMAN FROM OHIO YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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                                            • 12:58:17 PM

                                              MS. WATERS

                                              I RESERVE.

                                            • 12:58:18 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 12:58:23 PM

                                              MR. HENSARLING

                                              I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM COLORADO, MR.…

                                              I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM COLORADO, MR. TIPTON, VICE CHAIRMAN OF THE FINANCIAL SERVICES SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS.

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                                            • 12:58:34 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM COLORADO IS RECOGNIZED.

                                            • 12:58:36 PM

                                              MR. TIPTON

                                              THANK YOU, MR. SPEAKER. I THANK THE CHAIRMAN FOR THIS TIME AS WELL TO BE…

                                              THANK YOU, MR. SPEAKER. I THANK THE CHAIRMAN FOR THIS TIME AS WELL TO BE ABLE TO SPEAK TO AN IMPORTANT PIECE OF LEGISLATION MY HOME STATE OF COLORADO, WE HAVE A TALE OF TWO ECONOMIES. THE URBAN AREAS HAVE REALIZED ECONOMIC RECOVERY SINCE 2008 WHILE THE MORE RURAL COMMUNITIES HAVE BEEN SLOWER TO FIND SUSTAINED ECONOMIC GROWTH. ESSENTIAL TO THESE AREAS AND THEIR ABILITY TO BE ABLE TO RECOVER, A TOPIC I SPEAK FREQUENTLY ON IS ACCESS TO CREDIT. AS TREASURIES REPORT TO THE PRESIDENT IN JUNE OF 2017 NOTES, LIQUIDITY AND REGULATORY REQUIREMENTS AS WELL AS PERIMETERS THAT GUIDE LOAN UNDERYITING -- UNDERWRITING HAVE LIMITED THE ABILITY TO SUPPLY CREDIT. IN OTHER WORDS OUR COMMUNITY FINANCIAL INSTITUTIONS HAVE LOST ACCESS TO THE TOOLS THAT THEY NEED TO BE ABLE TO HELP THEIR COMMUNITIES RECOVER. AS THEY'VE STRUGGLED TO PLY WITH REGULATIONS INTENDED FOR THE LARGEST INSTITUTIONS. MR. SPEAKER, IT IS OUR LOCAL COMMUNITIES, OUR SMALL BUSINESSES, OUR FIRST-TIME HOME BUYERS AND WORKING FAMILIES WHO SUFFER THE CONSEQUENCES FROM THESE REGULATIONS. MR. SPEAKER, LET ME GIVE YOU ONE EXAMPLE OF WHAT UNBRIDLED REGULATION DOES. HOW IT IMPACTS FAMILIES TRYING TO BE ABLE TO LIVE THE -- TO LIVE THE AMERICAN DREAM. WE HAVE AN EXAMPLE OF A CREDIT UNION IN MY HOME STATE OF COLORADO HAD TO STOP OFFERING HEM EQUITY LINES OF CREDIT TO ITS MEMBERS BECAUSE THE COST OF KEEPING THE FORMS IN COMPLIANCE WITH FEDERAL REGULATION EXCEEDED THE INCOME GENERATED BY THE PROGRAM. IN OTHER WORDS, REGULATION PRICED THIS CREDIT UNION OUT OF A CRITICAL MARKET AND AT A TIME WHEN RURAL ENVIRONMENT THE CREDIT UNION SERVES NEEDED ACCESS TO CREDIT MOST. FORTUNATELY, MR. LOUDERMILK'S LEGISLATION BEING CONSIDERED HERE TODAY WILL TAKE IMPORTANT STEPS TO REQUIRE REGULATORS TO CONSIDER THE INSTITUTION'S SIZE AND RISK PROFILE AS THEY EVALUATE THE NECESSITY AND EFFECTIVENESS OF REGULATORY RULE MAKING UNDER THE SELF-REVIEW MANDATED TO THEM BY THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT. IMPORTANTLY, MR. LOUDERMILK'S LEGISLATION WILL ALSO EXPAND THE EGRPRA PROCESS AND THE NATIONAL CREDIT UNION ADMINISTRATION. ENCOURAGING THE TAILORING OF REGULATIONS ACROSS THE REGULAR TALOIR -- REGULATORY SPECTRUM THIS LEGISLATION TAKES STEPS TO ENCOURAGE REGULATORS TO ALLOW SMALL INSTITUTIONS ADEQUATE LEEWAY TO EXERCISE REASONABLY CONSTRUCTED CONSUMER LENDING REGIMENS TO MAKE SURE CONSUME VERSE THE BROADEST ARRAY OF CHOICES THAT INSTITUTIONS CAN APPROPRIATELY NAVIGATE THE COMPLIANCE LANDSCAPE. MR. SPEAKER, BY REQUIRING REGULATORS TO MORE FREQUENTLY REVIEW AND TAILOR REGULATIONS, THIS BILL WILL HELP PUT MAIN STREET BACK ON THE PATH TO PROSPERITY AND HELP TO END THE TALE OF TWO I ECONOMIES IN COLORADO AND SLOUT THE -- AND THROUGHOUT THE NATION. MAKING THESE ADJUSTMENTS WILL HELP COMMUNITY BANKEST AND CREDIT UNIONS ONCE AGAIN BE ABLE TO MEET THE NEEDS OF THEIR NEIGHBORS AND ENCOURAGE OUR BUSINESSES TO BE ABLE TO GROW. I'D LIKE TO URGE MY COLLEAGUES TO BE ABLE TO SUPPORT THIS LEGISLATION AND YIELD BACK THE BALANCE OF MY TIME TO THE CHAIRMAN. .

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                                            • 01:01:47 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS…

                                              THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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                                            • 01:01:51 PM

                                              MS. WATERS

                                              I RESERVE THE BALANCE OF MY TIME.

                                            • 01:01:57 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 01:02:04 PM

                                              MR. HENSARLING

                                              I NOW YIELD THREE MINUTES TO YET ANOTHER HARDWORKING MEMBER OF THE HOUSE…

                                              I NOW YIELD THREE MINUTES TO YET ANOTHER HARDWORKING MEMBER OF THE HOUSE FINANCIAL SERVICES COMMITTEE, THE GENTLEMAN FROM MINNESOTA, RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED. MR. EMMER.

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                                            • 01:02:11 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MINNESOTA IS RECOGNIZED FOR THREE MINUTES.

                                            • 01:02:16 PM

                                              MR. EMMER

                                              I THANK THE CHAIRMAN. MR. SPEAKER, THE HOUSE FINANCIAL SERVICES COMMITTEE…

                                              I THANK THE CHAIRMAN. MR. SPEAKER, THE HOUSE FINANCIAL SERVICES COMMITTEE HAS BEEN WORKING HARD FOR CONSUMERS, LOCAL BANKS, CREDIT UNIONS, AND AMERICAN ENTREPRENEURS DURING THE 115TH CONGRESS. TODAY WE CONTINUE OUR WORK WITH H.R. 4607, THE COMPREHENSIVE REGULATORY THE GENTLEMAN FROM MINNESOTA IS RECOGNIZED FOR THREE MINUTES.

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                                            • 01:02:30 PM

                                              MR. EMMER

                                              I THANK THE REVIEW ACT INTRODUCED BY MY COLLEAGUE FROM GEORGIA,…

                                              I THANK THE REVIEW ACT INTRODUCED BY MY COLLEAGUE FROM GEORGIA, REPRESENTATIVE BARRY LOUDERMILK. THIS BILL BRINGS ACCOUNTABILITY AND MODERNIZATION TO THE CURRENT REGULATORY REVIEW PROCESS FOR BANKS, CREDIT UNIONS, AND FINANCIAL INSTITUTIONS ACROSS THE COUNTRY. CURRENTLY THE REGULATORY AUDIT CONDUCTED BY OUR FEDERAL FINANCIAL REGULATORS HAPPENS JUST ONCE EVERY DECADE. AND THE CONSUMER FINANCIAL PROTECTION BUREAU AND NATIONAL CREDIT UNION ADMINISTRATION ARE NOT TECHNICALLY A PART A OF THAT REVIEW. IT'S BEEN 21 YEARS SINCE WE EVALUATED POSSIBLE CHANGES TO THIS TO THIS ANTIQUATED AND INEFFICIENT SYSTEM. THAT'S WHY WE NEED THIS COMPREHENSIVE REGULATORY REVIEW ACT TO ENSURE THE REGULATIONS WE HAVE IN PLACE ARE WORKING TO DO WHAT THEY ARE SUPPOSED TO DO. PROTECT CONSUMERS. THIS LEGISLATION IS MADE EVEN MORE URGENT GIVEN THE UNCHECKED AND INEFFICIENT REGULATIONS OF WORKING AGAINST THE VERY CONSUMERS OUR REGULATORY REGIME WAS DESIGNED TO HELP. TAKE, FOR EXAMPLE, THE FACT THAT THE UNITED STATES LOST NEARLY 12,000 OF ITS FEDERALLY INSURED BANKS BETWEEN 1984 AND 2016, MAKING IT HARDER FOR SMALL BUSINESSES -- SMALL BUSINESS ENTREPRENEURS AND FAMILIES TO ACCESS THE CREDIT AND CAPITAL THEY NEED TO CREATE NEW OPPORTUNITIES AND GROW. THESE BANKS STRUGGLED UNDER THE WEIGHT OF NEW REGULATION EITHER TO DISAPPEAR COMPLETELY OR TO BE SWALLOWED UP BY THE BIG BANKS ABLE TO ABSORB THE HEAVY COST OF COMPLIANCE. FOR THOSE BANKS THAT ARE ABLE TO SURVIVE, SIGNIFICANT TRADEOFFS ARE REQUIRED. IN ROCKFORD, MINNESOTA, FOR INSTANCE, INSTEAD OF ADDING ANOTHER LENDER TO THEIR TEAM, ONE SMALL COMMUNITY BANK NEEDED TO HIRE A FULL-TIME COMPLIANCE OFFICER SIMPLY TO KEEP UP WITH THE REGULATORY ONSLAUGHT FROM WASHINGTON. THAT SAME BANK IS SPENDING OVER $100,000 EACH YEAR ON COMPLIANCE COSTS INSTEAD OF USING THAT MONEY IN WAYS THAT WOULD BENEFIT THE LOCAL COMMUNITY. BEEN BEEN'S CREDIT UNIONS HAVE ALSO BEEN HIT HARD BY UNCHECKED AND OUTDATED REGULATION. ONE STUDY FOUND THE CREDIT UNIONS IN MY STATE OF MINNESOTA HAVE INCURRED $102 MILLION IN COSTS DIRECTLY RELATED TO THE INCREASED REGULATION CREATED BY THE DODD-FRANK ACT. WORSE STILL, ONE IN EVERY FOUR MINNESOTA CREDIT UNION EMPLOYEES SPENDS THEIR TIME SOLELY ON REGULATORY COMPLIANCE. MR. SPEAKER, WE HAVE A DUTY TO STAND UP FOR THESE STRUGGLING FINANCIAL INSTITUTIONS AND MORE IMPORTANTLY THE CONSUMERS WHOSE COMMUNITIES ARE HURTING WITHOUT THEM. WE CAN DO THAT TODAY. REPRESENTATIVE LOUDERMILK'S LEGISLATION SAILED THROUGH THE COMMITTEE IN JANUARY, RECEIVING SUPPORT FROM BOTH SIDES OF THE AISLE BECAUSE REPUBLICANS AND DEMOCRATS KNOW THAT H.R. 4607 TAKES NECESSARY AND IMPORTANT STEPS TO EASE THE REGULATORY BURDENS WHICH CHALLENGE COMMUNITY FINANCIAL INSTITUTIONS IN EACH AND EVERY CONGRESSIONAL DISTRICT. I APPRECIATE THE HARD WORK OF THE BILL'S SPONSOR AND CHAIRMAN OF THE COMMITTEE TO BRING THIS LEGISLATION TO THE FLOOR TODAY AND I URGE MY COLLEAGUES TO VOTE YES ON THE COMPREHENSIVE REGULATORY REVIEW ACT. I YIELD BACK.

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                                            • 01:05:34 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN…

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

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                                            • 01:05:40 PM

                                              MS. WATERS

                                              I CONTINUE TO RESERVE THE BALANCE OF MY TIME.

                                            • 01:05:43 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE GENTLEWOMAN FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 01:05:47 PM

                                              MR. HENSARLING

                                              MR. SPEAKER, I AM PLEASED TO YIELD ONE MINUTE TO THE GENTLEMAN FROM NEW…

                                              MR. SPEAKER, I AM PLEASED TO YIELD ONE MINUTE TO THE GENTLEMAN FROM NEW JERSEY, MR. GOTTHEIMER, A DEMOCRAT MEMBER OF THE FINANCIAL SERVICES COMMITTEE.

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                                            • 01:05:55 PM

                                              MR. GOTTHEIMER

                                              THANK YOU, MR. CHAIRMAN. MR. SPEAKER, I FIRST WANT TO THANK CONGRESSMAN…

                                              THANK YOU, MR. CHAIRMAN. MR. SPEAKER, I FIRST WANT TO THANK CONGRESSMAN LOUDERMILK FOR WORKING TOGETHER ON THE COMPREHENSIVE REGULATORY REVIEW ACT. HE'S BEEN A TRUE PARTNER WHO HAS BEEN TIRELESS IN PURSUING SMART REGULATORY REFORM POLICIES AND FINDING SOLUTIONS FOR THE PEOPLE HE SERVES. WE BOTH WANT TO GET SOMETHING DONE FOR THE PEOPLE WE REPRESENT. I ALSO WANT TO THANK CONGRESSWOMAN SINEMA FOR HER HELP AND SUPPORT IN LEADING THIS LEGISLATION. I URGE MY COLLEAGUES ON BOTH SIDES OF THE AISLE TO SUPPORT THE BIPARTISAN COMPREHENSIVE REGULATORY REVIEW AFPBLGT AMERICA'S ECONOMIC ENGINE HAS BEEN UNDER PRESSURE FOR SOME TIME NOW FROM UNNECESSARILY BURDENSOME AND OUTDATED REGULATIONS BUILDING UP ON THE BOOKS OF OUR REGULATORS. IT COSTS US IN ECONOMIC GROWTH AND WHY THERE ARE CLEAR TIMES WHERE SMART GUARDRAILS ARE NECESSARY, OTHERS WHEN IT ACTUALLY HOLDS BACK SMART GROWTH FOR OUR COUNTRY AND FAMILIES. WE NEED A SMARTER, MORE EFFICIENT GOVERNMENT. IT IS TIME TO RELIEVE THESE UNNECESSARY BURDENS AND SPUR BUSINESS JOB GROWTH AND ACCESS TO CREDIT IN NEW JERSEY'S FIFTH DISTRICT AND ACROSS THE COUNTRY WHILE PROTECTING CONSUMERS AND OUR ECONOMY. THIS BIPARTISAN REGULATORY RELIEF BILL DOES JUST THAT. IT UPDATES AND EXPANDS REGULATORS MANDATORY REVIEW OF FINANCIAL REGULATIONS WHILE PROTECTING CONSUMERS. IT ALSO REQUIRES THE VEE VIEW BE PERFORMED AT LEAST EVERY SEVEN YEARS RATHER SECONDS.

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                                            • 01:07:15 PM

                                              MR. GOTTHEIMER

                                              THANK YOU. IT REQUIRES REGULATORS TO CONSIDER AT THIS LORG REGULATION WHEN…

                                              THANK YOU. IT REQUIRES REGULATORS TO CONSIDER AT THIS LORG REGULATION WHEN IS LEAST EVERY SEVEN YEARS RATHER THAN EVERY 10. WILL GENTLEMAN YIELD 30 SECONDS?

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                                            • 01:07:22 PM

                                              MR. HENSARLING

                                              AN ADDITIONAL 30 APPROPRIATE. THE ACT WILL CUT BUREAUCRATIC RED TAPE AND…

                                              AN ADDITIONAL 30 APPROPRIATE. THE ACT WILL CUT BUREAUCRATIC RED TAPE AND HELP OUR ECONOMY THRIVE WITHOUT PUTTING CONSUMERS AT RISK. THERE SHOULD BE NOTHING PARTISAN ABOUT HELPING ENTREPRENEURS AND BUSINESSES OF ALL SIZES GROW, CREATE JOBS, AND EXPAND THE ECONOMY. WITH THIS MEASURE DEMOCRATS AND REPUBLICANS JOIN TOGETHER TO ENSURE OUTDATED AND UNNECESSARILY BURDENSOME REGULATIONS ARE ELIMINATED OR REFORMED TO BETTER FIT THE NEEDS OF INDIVIDUAL FINANCIAL INSTITUTIONS WHICH ULTIMATELY SAVES AMERICANS MONEY, CONSUMERS AND FAMILIES GROW, AND HELPS BUSINESS, TOO. IT PROTECTS ALWAYS AMERICAN CONSUMERS. THANK YOU, MR. SPEAKER. I YIELD BACK MY TIME.

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                                            • 01:07:55 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM NEW JERSEY YIELDS. THE GENTLEMAN FROM TEXAS RESERVES.…

                                              THE GENTLEMAN FROM NEW JERSEY YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLEWOMAN FROM CALIFORNIA --

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                                            • 01:08:00 PM

                                              MS. WATERS

                                              I CONTINUE TO RESERVE.

                                            • 01:08:01 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

                                            • 01:08:03 PM

                                              MR. HENSARLING

                                              I'M HAPPY TO YIELD THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, MR.…

                                              I'M HAPPY TO YIELD THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, MR. BUDD.

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                                            • 01:08:07 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM NORTH DAKOTA IS RECOGNIZED FOR THREE MINUTES.

                                            • 01:08:10 PM

                                              MR. BUDD

                                              THANK YOU, MR. SPEAKER. THANK YOU, AGAIN, MR. CHAIRMAN. ALSO THANK YOU TO…

                                              THANK YOU, MR. SPEAKER. THANK YOU, AGAIN, MR. CHAIRMAN. ALSO THANK YOU TO MY FRIEND FROM GEORGIA FOR LEADING ON THIS ISSUE. I RISE TODAY IN STRONG SUPPORT OF HIS BIPARTISAN BILL, THE COMPREHENSIVE REGULATORY REVIEW ACT. IT STRIKES ME AS COMMON SENSE THAT FEDERAL REGULATORS SHOULD REVIEW THE REGULATIONS AND RULES ON A CONSISTENT BASIS. THEY SHOULD ALSO SEEK COMMENT FROM THE PEOPLE WHO THESE RULES ACTUALLY AFFECT. MR. LOUDERMILK'S BILL HELPS ACCOMPLISH THIS GOAL BY REQUIRING THE CFPB AND THE NATIONAL CREDIT UNION ADMINISTRATION TO DO SO EVERY SEVEN YEARS. MR. SPEAKER, SINCE THE IMPLEMENTATION OF DODD-FRANK, COMMUNITY BANKS AND CREDIT UNIONS HAVE HAD A MORE DIFFICULT TIME SERVING THEIR CUSTOMERS. THE RED TAPE AND ADDITIONAL BURDEN BROUGHT ON BY DODD-FRANK HAS INCREASED COST FOR THE CONSUMER AND REDUCED THEIR CHOICES IN THE MARKET FOR FINANCIAL PRODUCTS. ONE AGENCY IN PARTICULAR THAT'S GUILTY FOR THIS AND PUT THEIR ADDITIONAL BURDEN IS THE CFPB WHICH HAS FINALIZED OVER 60 RULES SINCE THEIR CREATION. MANY OF THE RULES ARE DUPLICITOUS AND UNNECESSARY. I THINK AT THE VERY LEAST THEY SHOULD REVIEW AND STUDY HOW THE REGULATIONS ARE AFFECTING REAL FOLKS IN THE REAL WORLD. I HEAR FROM FINANCIAL INSTITUTIONS BACK HOME HOW THE CFPB HAS DONE NOTHING BUT HARM THEIR COMMUNITY BANK AND CREDIT UNION. THEY ARE BEING OVERWHELMED BY THE VOLUME AND COMPLEXITY OF REGULATIONS, AND THAT IS JUST NOT OK. HARMONIZATION IS THE GOAL OF THIS BILL AND THAT SHOULD NOT BE PARTISAN OR EVEN CONTROVERSIAL. WE SIMPLY WANT LESS PEOPLE BURIED IN PAPERWORK AND MORE PEOPLE STARTING BUSINESSES THROUGH THEIR LOCAL FINANCIAL INSTITUTIONS. THIS BILL IS SUPPORTED FROM FOLKS ACROSS THE POLITICAL SPECTRUM AND I AM EXCITED ABOUT THE GOOD IT WILL DO FOR MY FINANCIAL INSTITUTIONS BACK HOME AND CONSUMERS IN MY DISTRICT. I WANT TO AGAIN THANK MR. LOUDERMILK FOR INTRODUCING THIS IMPORTANT PIECE OF LEGISLATION. AND THAT WILL ENSURE OUR FINANCIAL SYSTEM IS FUNCTIONING EFFICIENTLY FOR HARDWORKING AMERICANS.

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                                            • 01:10:15 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM NORTH CAROLINA YIELDS. THE GENTLEMAN FROM TEXAS…

                                              THE GENTLEMAN FROM NORTH CAROLINA YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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                                            • 01:10:21 PM

                                              MS. WATERS

                                              I CONTINUE TO RESERVE THE BALANCE OF MY TIME.

                                            • 01:10:23 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS…

                                              THE GENTLELADY FROM CALIFORNIA RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

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                                            • 01:10:27 PM

                                              MR. HENSARLING

                                              MR. SPEAKER, I'M VERY PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM…

                                              MR. SPEAKER, I'M VERY PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM MISSOURI, MR. LUETKEMEYER, A REAL LEADER ON OUR COMMITTEE FOR COMMON SENSE REGULATION AND THE CHAIRMAN OF OUR FINANCIAL SERVICES SUBCOMMITTEE ON FINANCIAL INSTITUTIONS.

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                                            • 01:10:42 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MISSOURI IS RECOGNIZED FOR THREE MINUTES.

                                            • 01:10:44 PM

                                              MR. LUETKEMEYER

                                              THANK YOU, MR. SPEAKER. THANK YOU, CHAIRMAN HENSARLING, FOR YOUR GREAT…

                                              THANK YOU, MR. SPEAKER. THANK YOU, CHAIRMAN HENSARLING, FOR YOUR GREAT WORK AND LEADERSHIP ON O THE FINANCIAL SERVICES COMMITTEE. I THANK THE GENTLEMAN FROM GEORGIA, MR. LOUDERMILK, HE'S CRAFT ADD COMMONSENSE, BIPARTISAN BILL THAT REQUIRE THE FINANCIAL REGULATORS AND CONSUMER FINANCIAL PROTECT BUREAU TO CONDUCT A REVIEW OF ALL THE REGULATIONS PROMULGATED WITH THE INTENT OF IDENTIFYING THOSE OUTDATED OR DUPLICATIVE. ACROSS THE NATION FINANCIAL COMPANIES CONTINUE TO SUFFER AS A RESULT OF THE BURDENSOME REGULATIONS. WHOO MY FRIENDS ON THE OTHER SIDE OF THE AISLE DON'T ALWAYS RECOGNIZE IS THE IMPACT IT HAS ON THE ABILITY OF THOSE COMPANIES TO SERVE THEIR CUSTOMERS. TAKE CYBER SECURITY AS AN EXAMPLE. FINANCIAL FIRMS OF ALL SIZES ARE FORCED TO ADHERE TO AN OVERLAPPING REGULATORY REGIME THAT IS FOCUSED ON FIGHTING YESTERDAY'S WAR. I SPOKE WITH THE MAJOR BANK JUST LAST WEEK THAT HAS CYBER SECURITY EXNGSES FROM THE FEDERAL RESERVE, TREASURY DEPARTMENT, AND MULTIPLE STATE BANKING AGENCIES, AND THAT DOESN'T INCLUDE THE FOREIGN ENTITIES THAT REGULATE THE INTERNATIONAL BUSINESSES OF THIS BANK. EACH AGENCY HAS A SLIGHTLY DIFFERENT EXAM PROCESS AND REQUIRES SLIGHTLY DIFFERENT INFORMATION. THIS TYPE OF REGIME DOESN'T PROTECT COMPANIES FROM CYBER THREATS. THE LACK OF COORDINATION MEANS THIS INSTITUTION SPENDS MORE TIME REACTING TO THE REGULATORS THAN IT DOES PROTECTING ITS CUSTOMERS. A LOOK AT THE ANTIQUATED REGIMES SURROUNDING THE ENFORCEMENT OF THE BANK SECRECY ACT ANTI-MONEY LAUNDERING LAWS. WHAT WAS THE -- WAS IT ORIGINALLY INTENDED TO BE A REASONABLE PROCESS THAT FOSTERED COLLABORATION BETWEEN FINANCIAL INSTITUTIONS AND LAW ENFORCEMENT HAS BECOME SO ONEROUS THAT BANKS ARE CHOOSING TO DROP CUSTOMERS OR CLOSE ENTIRE BOOKS OF BUSINESS TO AVOID THE COMPLIANCE BURDENS. PROCESSES LIKE THIS, LIKE THESE, DO VERY LITTLE TO HELP CONSUMERS OR THE INTEGRITY OF THE FINANCIAL SYSTEM. EVERY TIME I SPEAK TO BANK OR CREDIT UNION IN MISSOURI, I ASK WHAT ONE RULE OR REGULATION THEY FIND TO BE THE MOST BURDENSOME. OR THEY HAD LIKE TO SEE CHANGED. THE ANSWER IS ALWAYS THE SAME. IT DIDN'T JUST ONE. IT'S THE WEIGHT OF ALL THE RULES COMBINED THAT'S RESTRICTING CREDIT AND THE AVAILABILITY OF FINANCIAL SERVICES IN OUR COMMUNITIES. WE HAVE TO MAKE A CHANGE, MR. SPEAKER. MR. LOUDERMILK'S LEGISLATION WOULD INSTITUTE A MORE THOUGHTFUL APPROACH TO REGULATION THAT WILL NOT ONLY OFFER REGULATORY RELIEF BUT ALSO FOSTER A MORE RESPONSIBLE, STABLE FINANCIAL MARKETPLACE. AS THE GENTLEMAN FROM GEORGIA HAS SAID IN THE PAST, THIS BILL ISN'T JUST ABOUT REGULATORY LEAF, IT'S ABOUT GOOD GOVERNMENT. THIS -- RELIEF, IT'S ABOUT GOOD GOVERNMENT. I HOPE EVERY MEMBER OF THIS BODY STANDS FOR RESPONSIBLE GOVERNMENT AND JOINS ME IN SUPPORTING H.R. 4607 TODAY. THANK YOU, MR. SPEAKER. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:13:30 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MISSOURI YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE…

                                              THE GENTLEMAN FROM MISSOURI YIELDS. THE GENTLEMAN FROM TEXAS RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

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                                            • 01:13:36 PM

                                              MS. WATERS

                                              I RESERVE THE BALANCE OF MY TIME.

                                            • 01:13:39 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY RESERVES. THE GENTLEMAN FROM TEXAS IS RECOGNIZED.

                                            • 01:13:43 PM

                                              MR. HENSARLING

                                              I HAVE NO FURTHER SPEAKERS. I' PREPARED TO CLOSE. -- I'M PREPARED TO CLOSE.

                                            • 01:13:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLELADY FROM CALIFORNIA IS RECOGNIZED.

                                            • 01:13:55 PM

                                              MS. WATERS

                                              THANK YOU VERY MUCH. BEFORE I PROCEED WITH MY CLOSING, I'D JUST LIKE TO…

                                              THANK YOU VERY MUCH. BEFORE I PROCEED WITH MY CLOSING, I'D JUST LIKE TO MAKE A FEW COMMENTS ABOUT SOME OF THE INFORMATION THAT WAS SHARED I HAVE NO FURTHER WITH US BY MEMBERS ON THE OPPOSITE SIDE OF THE AISLE. I WANT TO REMIND THEM THAT THESE POOR LITTLE BANKS THAT YOU'RE TALKING ABOUT, WHICH INCLUDES ALL OF THE BIG BANKS IN AMERICA, MADE RECORD PROFITS IN MADE RECORD PROFITS IN 2016 MORE THAN $170 BILLION, AND THEY ARE GOING TO MAKE BILLIONS MORE FROM THAT TAX BILL, THAT TAX SCAM GIVEAWAY TO WALL STREET. LENDING IS UP 75% SINCE 2010. AND SO WHEN MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE CONTINUE TO TALK ABOUT HOW THE BANKS ARE SUFFERING, I DON'T KNOW WHO THEY ARE TALKING ABOUT. AS A MATTER OF FACT, THE REAL BIPARTISANSHIP OF THIS COMMITTEE IS ABOUT COMMUNITY BANKS. AND DEMOCRATS HAVE LED AND WILL CONTINUE TO LEAD ON EVERY WAY AND EVERYTHING THAT WE CAN DO FOR COMMUNITY BANKS. BUT I NOTICE THAT MY FRIENDS ON THE OPPOSITE SIDE OF THE AISLE WHEN THEY COME WITH DEREGULATION DEREGULATION , THEY FRAME IT IN SUCH A WAY THAT YOU WOULD THINK THAT IT'S ALL ABOUT COMMUNITY BANKS , WHEN IN FACT, THEY ALWAYS ATTACH TO ANYTHING THAT THEY DO FOR COMMUNITY BANKS THEY ATTACH TO IT THE BIGGEST BANKS IN AMERICA. . SO THIS SHOWS HOW MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE VALUE WALL STREET OVER FAMILIES AND BUSINESSES ON MAIN STREET. THIS WOULD CAUSE THEM TO LOOSEN THEIR RULES TO BENEFIT BAD ACTORS ON WALL STREET. THE BILL DOESN'T EVEN ALLOW REGULATORS TO CONSIDER HOW TO IMPROVE SAFE GARDS TO BETTER PROTECT CONSUMERS. IT IS ABSURD THAT WE'RE HERE TODAY DISCUSSING YET ANOTHER BILL THAT LEADS TO MASSIVE DEREGULATION AND SEEKS TO TIP THE SCALES IN FARE OF THE FINANCIAL INDUSTRY. THE INTEREST OF THE PUBLIC OR WHAT WE SHOULD BE FOCUSED ON THIS BILL IS YET ANOTHER PIECE OF THE HARMFUL AND RECKLESS REPUBLICAN AGENDA. ONLY A FEW MONTHS AGO, REPUBLICANS JAMMED THEIR TAX SCAM LEGISLATION THROUGH THIS CHAMBER. THEY ADDED $1.8 TRILLION TO THE FEDERAL DEBT IN ORDER TO LINE THE POCKETS OF WALL STREET AND OTHER MEGA CORPORATIONS WITH BILLIONS IN TAX CUTS AND LEAVING FAMILIES ON MAIN STREET AND GENERATIONS OF THEIR CHILDREN JUST TO PICK UP THE TAB. DEMOCRATS REJECTED THAT TERRIBLE PIECE OF LEGISLATION AND SHOULD NOW REJECT H.R. 4607 AS WELL. AMERICANS FOR FINANCIAL REFORM A COALITION OF MORE THAN 200 CONSUMER CIVIL RIGHTS INVESTOR, RETIREE, COMMUNITY LABOR, FAITH-BASE AND BUSINESS GROUPS SAID THAT H.R. 4607, QUOTE, CONTAINS NO CONSIDERATION OF THE PUBLIC BENEFITS THAT ARE THE JUSTIFICATION FOR PSYCHIATRY ATING THE REGULATIONS IN THE FIRST PLACE IN WHICH REGULATORS SHOULD BE SEEKING TO PRESERVE. ANY MANDATE TO TAILOR REGULATIONS MUST INCLUDE CONSIDERATION OF PUBLIC BENEFITS RATHER THAN BEING A ONE-SIDED DIRECTIVE TO REDUCE BUSINESS COSTS, UNQUOTE. I AGREE. FOR MEMBERS WHO ARE CONCERNED WITH MAINTAINING STRONG PROTECTIONS I WOULD HIGHLIGHT THAT TRUMP'S O.LE B.M. DIRECTOR, MICK MULVANEY, HAS BEEN ILLEGALLY INSTALLED AS ACTING DIRECTOR OF THE CONSUMER FINANCIAL PROTECTION BUREAU AND IS WORKING EVERY DAY TO DIAL BACK THE IMPORTANT WORK OTHER CON -- OF THE CONSUMER BUREAU FROM WITHIN. CONGRESS SHOULD NOT BE GIVING MR. MULVANEY OR ANYONE THE PRESIDENT EVENTUALLY APPOINTS AN IS CON FIED TO SERVE AS THE NEXT DIRECTOR OF THE CONSUMER BUREAU A GLLT TO GUT CONSUME BROTHER TEXTS AND REDUCE THE CONSUMER BUREAU'S ABILITY TO HOLD BAD ACTORS ACCOUNTABLE. I URGE MY COLLEAGUES TO OPPOSE H.R. 4607 AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:18:31 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY YIELDS. THE GENTLEMAN IN TEXAS IS RECOGNIZED.

                                            • 01:18:35 PM

                                              MR. HENSARLING

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF THE BALANCE OF THE TIME. MR.…

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF THE BALANCE OF THE TIME. MR. SPEAKER, I LISTENED VERY CAREFULLY TO MY FRIEND ON THE OTHER SIDE OF THE AISLE AND AGAIN HER COMMENTS WERE VERY HEAVY ON EXTRANEOUS MATERIAL. UNFORTUNATELY IT WAS A LITTLE LIGHT ON THE FACTS OF H.R. 4607. THE TEXT OF THE BILL IS 3 1/2 PAGES LONG SO IT DOESN'T TAKE VERY LONG TO READ BUT I REMIND ALL MY COLLEAGUES THIS IS COMMON SENSE. IN AND OF ITSELF, THIS BILL CHANGES NO RULES. ALL IT DOES IS IT TELLS OUR REGULATORS, YOU KNOW WHAT, EVERY SEVEN YEARS WHY DON'T YOU LOOK AT WHAT YOU'VE DONE AND PUBLISH A REPORT. IF YOU WANT TO CHANGE ANY RULE YOU HAVE TO GO THROUGH THE FORMAL RULE MAKING PROCESS. TO REPROPOSE A RULE. TO GET PUBLIC COMMENT. SO AGAIN, IN AND OF ITSELF IT CHANGES NO RULES. I ALMOST WANT TO ASK MY FRIEND ON THE OTHER SIDE OF THE AISLE WHAT IS SHE SCARED OF? WHAT IS SO WRONG WITH SIMPLY LOOKING AT THE RULES THAT HAVE BEEN PROMULGATED TO SEE IF THEY'RE ACTUALLY WORKING? ARE THEY HELPING OUR CONSTITUENTS? ARE THEY MAKING ECONOMIC OPPORTUNITY MORE AVAILABLE FOR ALL? AND WHAT'S SO ODD IS THE ORIGINAL EGRPRA LEGISLATION THAT DATES BACK TO THE CLINTON ERA WAS OVERWHELMINGLY SUPPORTED ON BOTH SIDES OF THE AISLE. SO WHAT THE GENTLEMAN FROM GEORGIA IS DOING IN H.R. 4607 IS SIMPLY SAYING YOU KNOW, ALL FINANCIAL REGULATORS, INCLUDING THE NATIONAL CREDIT UNION ASSOCIATION AND THE CONSUMER FINANCIAL PROTECTION BUREAU WHICH REALLY DIDN'T EVEN EXIST IN THE CLINTON ERA, THEY OUGHT TO DO THE SAME THING. AND THEY'RE SAYING INSTEAD OF DOING IT EVERY 10 YEARS, LET'S DO IT EVERY SEVEN YEARS. JUST TAKE A LOOK AND REPORT. THAT'S ALL IT IS. IT'S A SELF-REPORTING REQUIREMENT WHICH I THINK, MR. SPEAKER, IS WHY THIS IS ALREADY BEEN SUPPORTED OVERWHELMINGLY ON A BIPARTISAN BASIS IN THE HOUSE FINANCIAL SERVICES COMMITTEE. SO ALL OF THE VARIOUS SCARE TACTICS AND HORROR STORIES WE'VE HEARD FROM THE OTHER SIDE OF THE AISLE ON A MERE REPORTING REQUIREMENT, AGAIN, I ASK MR. CHAIRMAN, MR. SPEAKER, WHAT ARE THEY SCARED OF? WHAT WE'RE ULTIMATELY TRYING TO DO HERE IS MAKE SURE THAT THE REGULATORY BURDEN IS NOT SUCH THAT IT HARMS THE VERY PEOPLE I SPOKE ABOUT EARLIER IN MY OPENING COMMENTS. THAT IT DOESN'T HURT DAN, A NAVY VETERAN FROM ILLINOIS, WHO BECAUSE OF THE REGULATORY BURDEN WAS FORCED TO SHUT DOWN HIS SMALL BUSINESS. THAT IT DOESN'T HURT ANN IN WISCONSIN WHO WAS JUST TRYING TO GET A LOAN TO REMODEL HER GARAGE. THAT IT DOESN'T HURT MICHELLE AND HER DAUGHTER IN MISSOURI WHO, HER DAUGHTER WAS SIMPLY SEEKING A CAR LOAN TO BUY HER FIRST CAR. THESE ARE THE PEOPLE WE'RE TRYING TO HELP AND BY THE WAY, ALL BANKS, SMALL, MEDIUM, AND LARGE, ARE LENDING TO BUSINESSES AND TO CONSUMERS AND WE WANT THEM TO DO THAT IN A ROBUST BUT RESPONSIBLE WAY. IS FROM TIME TO TIME, LET'S LOOK AT THE REGULATIONS AND ENSURE, ENSURE THAT THEY ARE STILL HELPING US ACHIEVE EQUAL FINANCIAL OPPORTUNITY FOR ALL, SO OUR CONSTITUENTS CAN ACHIEVE THEIR SHARE OF THE AMERICAN DREAM, THAT THEY CAN ACHIEVE FINANCIAL INDEPENDENCE. SO THIS RECEIVED A STRONG POIRN SUPPORT, MADAM SPEAKER, IN THE HOUSE FINANCIAL SERVICES COMMITTEE. IT OUGHT TO RECEIVE STRONG BIPARTISAN SUPPORT ON THE HOUSE FLOOR. SO I URGE ALL MEMBERS TO VOTE FOR, ADOPT, H.R. 4607 AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:22:46 PM

                                              THE SPEAKER PRO TEMPORE

                                              ALL TIME FOR DEBATE HAS EXPIRED. PURSUANT TO HOUSE RESOLUTION 747, THE…

                                              ALL TIME FOR DEBATE HAS EXPIRED. PURSUANT TO HOUSE RESOLUTION 747, THE PREVIOUS QUESTION IS ORDERED ON THE BILL AS AMENDED. THE QUESTION IS ON ENGROSSMENT AND THIRD READING OF THE BILL. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. THE AYES HAVE IT. THIRD READING.

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                                            • 01:23:01 PM

                                              THE CLERK

                                              A BILL TO AMEND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT…

                                              A BILL TO AMEND THE ECONOMIC GROWTH AND REGULATORY PAPERWORK REDUCTION ACT OF 1996 TO ENSURE THAT FEDERAL FINANCIAL REGULATORS PERFORM A COMPREHENSIVE REVIEW OF REGULATIONS TO IDENTIFY OUTDATED OR OTHERWISE UNNECESSARY REGULATORY REQUIREMENTS IMPOSED ON COVERED PERSONS AND FOR OTHER PURPOSES.

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                                            • 01:23:20 PM

                                              THE SPEAKER PRO TEMPORE

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION?…

                                              FOR WHAT PURPOSE DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION? FRURN DOES THE GENTLEWOMAN FROM MASSACHUSETTS SEEK RECOGNITION?

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                                            • 01:23:33 PM

                                              >>

                                              THANK YOU, MADAM SPEAKER, I HAVE A MOTION TO RECOMMIT AT THE DESK.

                                            • 01:23:37 PM

                                              THE SPEAKER PRO TEMPORE

                                              IS THE GENTLEWOMAN OPPOSED TO THE BILL?

                                            • 01:23:38 PM

                                              >>

                                              I AM OPPOSED.

                                            • 01:23:40 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN QUALIFIES. THE CLERK WILL REPORT THE MOTION.

                                            • 01:23:45 PM

                                              THE CLERK

                                              MS. CLARKE OF MASSACHUSETTS MOVES TO RECHIT -- MS. CLARK OF MASSACHUSETTS…

                                              MS. CLARKE OF MASSACHUSETTS MOVES TO RECHIT -- MS. CLARK OF MASSACHUSETTS MOVES TO RECOMMIT THE BILL AND REPORT THE SAME BACK TO THE COMMITTEE FORTHWITH WITH THE FOLLOWING AMENDMENT, STRIKE OTHERWISE DERPED AND INSERT SUCH ACTION IS AT THE REQUEST OF AND FOR THE PERSONAL GAIN OF THE PRESIDENT, HIS OR HER IMMEDIATE FAMILY MEMBERS OR SENIOR EXECUTIVE BRANCH OFFICIALS WHO ARE REQUIRED TO FILE ANNUAL DISCLOSURE FORMS OR IS OTHERWISE DETERMINED INAPPROPRIATE.

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                                            • 01:24:17 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MISSOURI HAS RECEIVE -- RESERVED A POINT OF ORDER.…

                                              THE GENTLEMAN FROM MISSOURI HAS RECEIVE -- RESERVED A POINT OF ORDER. PURSUANT TO THE RULE, THE GENTLEWOMAN FROM MASSACHUSETTS IS RECOGNIZED FOR FIVE MINUTES IN SUPPORT OF HER MOTION.

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                                            • 01:24:26 PM

                                              MS. CLARK

                                              THANK YOU, MADAM SPEAKER. S THE FINAL AMENDMENT TO THE BILL WHICH WILL NOT…

                                              THANK YOU, MADAM SPEAKER. S THE FINAL AMENDMENT TO THE BILL WHICH WILL NOT KILL THE BILL OR SEND IT BACK TO COMMITTEE. IF ADOPTED, THE BILL WILL IMMEDIATELY PROCEED TO FINAL PASSAGE AS AMENDED. MY AMENDMENT IS A COMMONSENSE MEASURE THAT PROTECTS THE AMERICAN PEOPLE FROM CORRUPTION AND CONFLICTS OF INTEREST. MY AMENDMENT SIMPLY STATES THAT BEFORE TAKING ANY ACTION TO ELIMINATE OR CHANGE A REGULATION, REGULATORS MUST DISCLOSE ANY COMMUNICATIONS FROM THE WHITE HOUSE OR THE PRESIDENT'S FAMILY ADVOCATING FOR THE ACTION AND WHETHER THE PRESIDENT, HIS FAMILY, OR ANY SENIOR ADMINISTRATION OFFICIALS WOULD BENEFIT FINANCIALLY FROM SUCH ACTION. THE AMERICAN PEOPLE NEED TO HAVE CONFIDENCE THAT THEIR GOVERNMENT IS WORKING IN THE BEST INTEREST OF THE PEOPLE. AND NOT TO ENRICH A PRESIDENT AND HIS FAMILY AND WEALTHY FRIENDS. EVERY DAY, THE NEWS IS FILLED WITH STORIES THAT RAISE THIS VERY QUESTION. DOES THE TRUMP FAMILY BENEFIT WHEN THE E.P.A. LOOSENS ENVIRONMENTAL SAFEGUARDS ON CONSTRUCTION PROJECTS? DOES JARED KUSHNER'S DEEPLY INDEBTED FAMILY BUSINESS RECEIVE FAVORABLE TREATMENT WHEN THE ADVOCATES FOR CERTAIN POLICIES? DO THE PRESIDENT'S SONS GET SPECIAL PERMITS FROM FOREIGN GOVERNMENTS WHEN THE PRESIDENT CHANGES POLICIES TOWARD THESE THOSE COUNTRIES? WHO IN THE ADMINISTRATION GETS RICHER WHEN OUR COASTS ARE OPENED UP TO OIL DRILLING, WHEN TARIFFS ARE LEVIED ON STEEL, WHEN PREDATORY LENDERS ARE ALLOWED TO PREY ON COLLEGE STUDENTS? PRESIDENT TRUMP HAS REJECTED THE NORM THAT ALL MODERN DAY PRESIDENTS HAVE FOLLOWED. HIS REFUSAL TO RELEASE HIS TAX RETURNS OR TO REMOVE HIMSELF FROM HIS FAMILY BUSINESS NECESSITATES CODIFYING THE NORMS AND PRACKTOIFS PREVIOUS PRESIDENT INTO LAW AND THIS DISCLOSURE. CONGRESS MUST DO ITS JOB AND PROVIDE A NECESSARY CHECK ON A PRESIDENT THAT HAS SHOWN CONTEMPT FOR HIS BASIC DUTY TO PUT AMERICANS FIRST. ALL OF THESE POLICIES AFFECT AMERICAN FAMILIES. THEY AFFECT THE TAXES WE PAY, THE AIR WE BREATHE, WHETHER OUR KIDS CAN AFFORD TO GO TO COLLEGE. WE DESERVE TO KNOW IF THESE DECISIONS ARE BEING MADE TO ENRICH A PRESIDENT AND IF THEY'RE BEING MADE AT THE TAXPAYERS' EXPENSE. THIS SIMPLE ACT OF DISCLOSURE WILL ALLOW THE AMERICAN PEOPLE TO JUDGE FOR THEMSELVES WHO THIS ADMINISTRATION IS REALLY LOOKING OUT FOR. I YIELD BACK.

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                                            • 01:27:18 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM…

                                              THE GENTLELADY YIELDS BACK. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM MISSOURI SEEK RECOGNITION?

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                                            • 01:27:29 PM

                                              >>

                                              MADAM SPEAKER, I WISH TO WITHDRAW MY POINT OF ORDER AND CLAIM TIME IN…

                                              MADAM SPEAKER, I WISH TO WITHDRAW MY POINT OF ORDER AND CLAIM TIME IN OPPOSITION.

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                                            • 01:27:34 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE RESERVATION IS WITHDRAWN. THE GENTLEMAN IS RECOGNIZED.

                                            • 01:27:37 PM

                                              >>

                                              THANK YOU, MADAM SPEAKER. I APPRECIATE THE OPPORTUNITY TO DISCUSS THIS…

                                              THANK YOU, MADAM SPEAKER. I APPRECIATE THE OPPORTUNITY TO DISCUSS THIS MATTER TODAY. IT'S KIND OF INTERESTING THAT WE HAVE BEFORE US AN AMENDMENT THAT BASICALLY IS SOMETHING THAT DEALS WITH A FINANCIAL SERVICES BILL, SOMETHING THAT DEALS WITH FINANCIAL SERVICES ISSUE, YET WE HAD THE E.P.A. AND A WHOLE BUNCH OF OTHERS BROUGHT INTO THE DISCUSSION HERE WHICH HAVE NOTHING TO DO WITH WHAT WE'RE TRYING TO TALK ABOUT HERE TODAY.

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                                            • 01:28:06 PM

                                              MR. LUETKEMEYER

                                              OR HIS IMMEDIATE FAMILY MEMBERS, HOW SIT POSSIBLE THAT UNLESS THOSE FAMILY…

                                              OR HIS IMMEDIATE FAMILY MEMBERS, HOW SIT POSSIBLE THAT UNLESS THOSE FAMILY MEMBERS HAVE THE AUTHORITY TO MAKE THE REQUEST THAT THEY EVEN SHOULD BE CONSIDERED? THIS IS SORT PULLING THINGS OUT OF THE AIR HERE THAT MAKE NO SENSE TO ME. THIS IS A SIMPLE BILL THAT WE HAD WHERE ALL WE'RE LOOKING AT TRYING TO DO IS TAKE THE EGRPRA LAW THAT SAYS THAT EVERY 10 YEARS, THAT ALL THE RULES AND REGULATIONS ARE REVIEWED. AND ALL WE'RE DOING IS PUTTING TWO AGENCIES BACK INTO THIS GROUP OF AGENCIES THAT ARE UNDER REVIEW, ONE THAT WAS NOT -- EVEN IN EXISTENCE AT THE TIME OF THE BILL'S PASSAGE BACK IN THE 1990'S, THE CFPB, AND THE OTHER ONE THAT NEEDS TO BE INCLUDED IS THE NATIONAL CREDIT UNION FOLKS. AND ALL WE'RE DOING IS TAKING A 10-YEAR REVIEW DOWN TO SEVEN. WHY IS THIS CONTROVERSIAL? WE'RE TAKING AN AGENCY THAT DOES NOT EVEN INCLUDE IN THIS ORIGINALLY AND PUTTING IT UNDER THE PURVIEW OF THIS BILL SO THAT THERE CAN BE REVIEW OF THE RULES AND REGULATIONS. IS THERE LACK OF TRANSPARENCY ON THE OTHER SIDE? DO WE NO LONGER WANT TO BE CONCERNED ABOUT WHAT'S GOING ON? DO WE NO LONGER WANT TO KNOW THAT THE RULES AND REGULATIONS ARE BEING APPROPRIATELY ADJUDICATED BY THESE AGENCIES? I THINK THAT'S THE WRONG WAY TO GO. I THINK WE NEED MORE TRANSPARENCY. REDUCING IT FROM 10 YEARS DOWN THIS SEVEN YEARS GIVES US THE OPPORTUNITY TO HAVE A MORE CONSTANT REVIEW OF THESE THINGS TO MAKE SURE THAT BUREAUCRATIC FOLKS IN THE EXECUTIVE BRANCH OF THE GOVERNMENT DON'T RUN AWAY WITH WHAT SHOULD BE IN MY VIEW THE AUTHORITY OF THE CONGRESS. MADAM SPEAKER, I THINK THAT THE MOTION TO RECOMMIT IS WAY OUT OF LINE HERE. I DON'T THINK WE NEED TO WASTE ANY MORE TIME ON IT THAN THAT. I MOVE TO ASK FOLKS TO DECLINE THE AMENDMENT. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:30:09 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. WITHOUT OBJECTION THE PREVIOUS QUESTION IS…

                                              THE GENTLEMAN YIELDS BACK. WITHOUT OBJECTION THE PREVIOUS QUESTION IS ORDERED ON THE MOTION TO RECOMMIT. THE QUESTION IS ON THE MOTION. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, THE NOES HAVE IT. THE MOTION IS NOT AGREED TO.

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                                            • 01:30:26 PM

                                              MS. CLARK

                                              MADAM SPEAKER, I ASK FOR A CALL OF THE YEAS AND NAYS.

                                            • 01:30:29 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTEY THE YEAS AND NAYS…

                                              THE YEAS AND NAYS ARE REQUESTED. THOSE FAVORING A VOTEY THE YEAS AND NAYS WILL RISE. A SUFFICIENT NUMBER HAVING RAISIN -- RISEN, THE YEAS AND NAYS ARE ORDERED. PURSUANT TO CLAUSE 8 OF RULE 20, FURTHER PROCEEDINGS ON THIS QUESTION WILL BE POSTPONED. PURSUANT TO CLAUSE 8 OF RULE 20, THE CHAIR WILL POSTPONE FURTHER PROCEEDINGS TODAY ON MOTIONS TO SUSPEND THE RULES OWN WHICH A RECORDED VOTE OR THE YEAS AND NAYS ARE ORDERED, OR VOTES OBJECTED TO UNDER CLAUSE 6 OF RULE 20. THE HOUSE WILL RESUME PROCEEDINGS ON POSTPONED QUESTIONS AT A LATER TIME. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION?

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                                            • 01:31:32 PM

                                              >>

                                              MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 2226, AS…

                                              MADAM SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 2226, AS AMENDED.

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                                            • 01:31:38 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CLERK WILL REPORT THE TITLE OF THE BILL.

                                            • 01:31:41 PM

                                              THE CLERK

                                            • 01:31:59 PM

                                              TEMPORE PURSUANT

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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                                            • 01:32:09 PM

                                              MR. BARR

                                              I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO…

                                              I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL.

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                                            • 01:32:19 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION.

                                            • 01:32:20 PM

                                              MR. BARR

                                              WITHOUT OBJECTION.

                                            • 01:32:24 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 01:32:26 PM

                                              MR. BARR

                                              MADAM SPEAKER, H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT,…

                                              MADAM SPEAKER, H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT, REPRESENTS A VERY SIMPLE SOLUTION TO A SIGNIFICANT POLICY CHALLENGE FACING OUR ECONOMY. HOW TO EXPAND ACCESS TO MORTGAGE CREDIT WITHOUT REPLICATING THE ACCUMULATION OF EXCESS RISK IN MORTGAGE-BACKED SECURITIES LIKE WE WITNESSED IN THE RUN-UP TO THE 2008 FINANCIAL CRISIS. MY LEGISLATION ACHIEVES BOTH GOALS BY EXTENDING THE QUALIFIED MORTGAGE LEGAL SAFE HARBOR TO SMALL CREDITORS, BANKS, AND CREDIT UNIONS WITH TOTAL CONSOLIDATED ASSETS OF $10 BILLION OR LESS. THAT ORIGINATE AND HOLD RESIDENTIAL MORTGAGE LOANS IN PORTFOLIO RATHER THAN SELLING OR SECURE ADVERTISING THEM, ALLOWING -- SECURITIZING THEM ALLOWING THOSE LENDERS TO' THE RULE. SUCH POLICY WOULD INCENTIVIZE PRIVATE SECTOR RISK RETENTION, A GOAL OF THE DODD-FRANK ACT IT SEFMENT AND MARK A RETURN TO RELATIONSHIP LENDING IN WHICH A BANKER CREDIT UNION CAN TAILOR PRODUCTS TO A CONSUMER'S NEEDS AND CREDIT RISK WITHOUT RUNNING AFOUL OF ONE SIZE FITS ALL GOVERNMENT REQUIREMENTS. UNDER CFBP REGULATION, ONLY GOVERNMENT DEFINED QUALIFIED MORTGAGES ENJOY A PRESUMPTION THAT A LENDER HAS SATISFIED THE DODD-FRANK LAW'S ABILITY TO REPAY REQUIREMENT. SMALL BANKS AND CREDIT UNIONS HAVE BEEN DISPROPORTIONATELY IMPACTED BY THESE RULES GIVEN THEIR RELIANCE UPON RESIDENTIAL MORTGAGE LENDING AND GREATER INVOLVEMENT IN SMALL DOLLAR OR BALLOON LOANS THAT RUN AFOUL OF REGULATIONS. IT IS NO SURPRISE, THEN, THAT HARVARD RESEARCHERS HAVE FOUND SINCE DODD-FRANK'S PASSAGE, COMMUNITY BANKS HAVE LOST MARKET SHARE AT A RATE DOUBLE THAT EXPERIENCE BETWEEN 2006 AND 2010, A PERIOD INCLUDING THE ENTIRETY OF THE FINANCIAL CRISIS. IT IS ALSO NOT A SURPRISE THAT MANY SMALL COMMUNITY FINANCIAL INSTITUTIONS HAVE TESTIFIED IN FRONT OF THE HOUSE FINANCIAL SERVICES COMMITTEE AND TO MANY OF OUR COLLEAGUES THAT THEY HAVE SIMPLY LEFT THE MORTGAGE BUSINESS ALL TOGETHER BECAUSE OF THE DIFFICULTIES ASSOCIATED WITH THE Q.M. RULE AS CURRENTLY CONSTRUCTED. A THIRD OF THE NATIONAL ASSOCIATION OF REAL STORES SURVEY RESPONDENTS REPORTED BEING UNABLE TO CLOSE MORTGAGES DUE TO A REQUIREMENT OF THE QUALIFIED MORTGAGE RULE. RESIDENTIAL MORTGAGES WERE THE PRODUCT OR SERVICE MOST OFTEN IDENTIFIED BY SURVEYED BANKS AS A CANDIDATE FOR DISCONTINUATION AS A RESULT OF DODD-FRANK. IN A RECENT STUDY BY THE JOHN F. KENNEDY SCHOOL OF GOVERNMENT AT HARVARD UNIVERSITY, DOCUMENTS SHARE OF BANK PARTICIPATION IN MORTGAGE ORIGINATIONS. EVERYONE AGREES ESPECIALLY AFTER THE 2008 FINANCIAL CRISIS A BORROWER SHOULD BE REQUIRED TO SHOW AN ABILITY TO REPAY. THE ONLY QUESTION IS, WHO IS IN THE BEST POSITION TO MAKE THAT DETERMINATION? A COMMUNITY BANKER WITH A PROFESSIONAL AND PERHAPS EVEN A PERSONAL RELATIONSHIP WITH THE BORROWER WHO HAS FULL FEW OF THAT BORROWER'S CHARACTER, CREDITWORTHINESS, AND WHO IS WILLING TO ASSUME 100% OF THE DOWNSIDE RISK OF DEFAULT? OR IS IT AN UNACCOUNTABLE, UN-ELECTED BUREAUCRAT IN WASHINGTON, D.C., WHO LITERALLY KNOWS ABSOLUTELY NOTHING ABOUT THAT BORROWER? BY BEARING 100% OF THE RISK, FINANCIAL INSTITUTIONS HAVE EVERY INCENTIVE TO MAKE SURE THAT A BORROWER CAN AFFORD TO REPAY A LOAN. BANKS AND CREDIT UNIONS WOULD HAVE MORE THAN JUST SKIN IN THE GAME. UNDER THIS LEGISLATION, THEIR INTEREST WOULD ALIGN PERFECTLY WITH THAT OF A BORROWER. AS ONE WITNESS IN FRONT OF OUR COMMITTEE TESTIFIED, A FINANCIAL INSTITUTION THAT RETAINS A LOANS CREDIT AND INTEREST RATE RISK HAS A KEEN INTEREST IN ENGAGING IN THOROUGH SOUND UNDERWRITING TO DETERMINE THE BORROWER'S ABILITY TO REPAY. ALLOWING A FINANCIAL INSTITUTION TO MAKE A CUSTOMER SPECIFIC LENDING DECISION ON A LOAN IT INTENDS TO HOLD IN ITS PORTFOLIO CAN BE A MORE EFFECTIVE WAY OF PROTECTING CONSUMERS THAN REGULATORY ATTEMPTS TO MICROMANAGE MORTGAGE TERMS WITH AN INFLEXIBLE STANDARD. NO LESS THAN BARNEY FRANK, FORMER CHAIRMAN OF THE COMMITTEE, ENDORSED THIS CONCEPT IN A HEARING BEFORE OUR COMMITTEE. SAYING HE WOULD, QUOTE, LIKE THE MAIN SAFEGUARD AGAINST BAD LOANS TO BE RISK RETENTION BECAUSE THAT LEAVES THE DECISION IN THE HANDS OF WHOEVER'S MAKING THE LOAN, UNQUOTE. THE CF 36789 B ALSO -- CFPB ALSO ACKNOWLEDGED THIS POINT WHERE IT RECOGNIZED PORTFOLIO LENDERS HAVE STRONG INCENTIVES TO CAREFULLY CONSIDER WHETHER A CONSUMER WILL BE ABLE TO REPAY A PORTFOLIO LOAN, AT LEAST IN PART BECAUSE THE SMALL CREDITOR RETAINS THE RISK OF DEFAULT. THIS LEGISLATION ALSO PRESENTS A VIABLE ALTERNATIVE TO THE ORIGINAL TO DISTRIBUTE MORTGAGE LENDING MODEL THAT CONTRIBUTED TO THE SUBPRIME MORTGAGE MELTDOWN AND BUBBLE AND RESIDENTIAL REAL ESTATE AND TAXPAYER BAILOUTS. THE RESULT IS EXPANDED ACCESS WITHOUT ADDITIONAL RISK TO FINANCIAL SERVICE OR THE TAXPAYER. IN FACT, THIS IS PARTICULARLY IMPORTANT FOR YOUNG FAMILIES AND FIRST TIME HOME BUYERS WHO TEND TO HAVE DIFFICULTY MEETING THE ABILITY TO REPAY REQUIREMENTS DUE TO CIRCUMSTANCES SUCH AS SIGNIFICANT STUDENT LOAN DEBT, BUT WHO ARE OTHERWISE CREDITWORTHY. I HAVE BEEN WORKING ON THIS LEGISLATION FOR FIVE YEARS NOW AND I'M HAPPY TO ANNOUNCE THAT THIS YEAR WE HAD A BIPARTISAN BREAK THROUGH. THAT WORKING ON THIS LEGISLATION IS BECAUSE AT THE COMMITTEE MARKUP I OFFERED AN AMENDMENT THAT LIMITED THE SCOPE OF THIS BILL TO FINANCIAL INSTITUTIONS WITH LESS THAN $10 BILLION IN ASSETS. AND MY DISTINGUISHED COLLEAGUE, REPRESENTATIVE CAPUANO, OFFERED A TECHNICAL AMENDMENT THAT ENHANCED THE LEGISLATION BY CLARIFYING A FEW KEY PROVISIONS. I AM PLEASED TO REPORT BECAUSE OF THOSE TWO AMENDMENTS THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT PASSED WITH UNANIMOUS SUPPORT IN THE COMMITTEE AND IS NOW ON THE FLOOR TODAY FOR CONSIDERATION. I WANT TO THANK CHAIRMAN HENSARLING, RANKING MEMBER WATERS, REPRESENTATIVE CAPUANO, THE KENTUCKY BANKERS ASSOCIATION, THE KENTUCKY CREDIT UNION LEAGUE, THE AMERICAN BANKERS ASSOCIATION, THE INDEPENDENT COMMUNITY BANKERS ASSOCIATION, THE CREDIT UNION NATIONAL ASSOCIATION, THE NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS, THE NATIONAL ASSOCIATION OF HOME BUILDERS, AND THE UNITED STATES CHAMBER OF COMMERCE FOR THEIR HARD WORK ON THIS IMPORTANT LEGISLATION. IF PASSED BY THE HOUSE, IT IS MY HOPE THAT THE PORT KNOLLO LENDING AND MORTGAGE ACCESS ACT MOVES QUICKLY THROUGH THE SENATE. 11 OF OUR DEMOCRATIC COLLEAGUES IN THE UPPER CHAMBER SUPPORT THIS EXACT LANGUAGE WHICH IS IN CHAIRMAN CRAPO'S COMMUNITY FINANCIAL INSTITUTION RELIEF BILL. TOGETHER REPUBLICANS AND CHAPS CAN DELIVER ON THE REGULATORY RELIEF THAT MANY OF US IN THIS BODY HAVE PROMISED TO OUR CONSTITUENTS THAT WILL ENABLE MORE OF THEM TO BUY THE HOME OF THEIR DREAMS. I INVITES ALL OUR COLLEAGUES TO VOTE FOR THIS IMPORTANT PRO-HOMEOWNERSHIP LEGISLATION THAT PERFECTLY ALIGNS LENDER AND BORROWER INTERESTS TO THE BENEFIT OF AMERICA. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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                                            • 01:39:28 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

                                            • 01:39:32 PM

                                              MR. KILDEE

                                              THANK YOU, MADAM SPEAKER. I THANK MY COLLEAGUE FOR HIS PERSISTENCE IN…

                                              THANK YOU, MADAM SPEAKER. I THANK MY COLLEAGUE FOR HIS PERSISTENCE IN OFFERING THIS LEGISLATION AND AS HE SAID, IN COMMITTEE, WE HAD A SUCCESSFUL MARKUP WHERE WE WERE ABLE TO UNANIMOUSLY SUPPORT THIS LEGISLATION. IT'S IMPORTANT LEGISLATION. WE DON'T AGREE ON EVERYTHING. ONE DOESN'T HAVE TO GO VERY FAR, BACK TO COMMITTEE RIGHT NOW WHERE WE HAVE A RATHER CONTENTIOUS MARKUP ON A BUDGET VIEWS AND ESTIMATES IT. AS I SAID IN THAT MEETING, WHEN WE DO AGREE, WE SHOULD COME TOGETHER. AND REPRESENTATIVE BARR AND I HAVE TALKED ABOUT THIS ISSUE FOR QUITE SOME TIME AND I'M PLEASED TO SEE IT MOVE FORWARD. I URGE MY COLLEAGUES TO SUPPORT H.R. 2226, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT. WHICH WOULD ALLOW CERTAIN MORTGAGES THAT ARE ORIGINATED AND RETAINED IN PORTFOLIO BY A BANK WITH LESS THAN $10 BILLION IN ASSETS TO BE CONSIDERED AS QUALIFIED MORTGAGES. IN THE LEADUP TO THE FINANCIAL CRISIS, THERE WERE A NUMBER OF MORTGAGE LENDERS THAT DID NOT DO THEIR DUE DILIGENCE IN UNDERWRITING MORTGAGES. WE SAW A NUMBER OF EXOTIC PRODUCTS BEING OFFERED TO INDIVIDUALS AND FAMILIES PREMISED ON A CONTINUALLY RISING HOUSING MARKET. THESE NO DOCK LOANS WHERE THE LENDER DID NOT DOCUMENT OR VERIFY A BORROWER'S INCOME, THERE WERE REAL CONSEQUENCES FOR THOSE LOANS. MANY OF THESE BORROWERS NEVER REALLY HAD ANY HOPE OF PAYING BACK THOSE LOANS. THOSE MORTGAGES WENT INTO DEFAULT. THE FORECLOSURES HELPED LEAD TO A FINANCIAL CRISIS THAT DEVASTATED THE U.S. ECONOMY. AND MILLIONS OF FAMILIES WERE STRIPPED FROM THEIR SINGLE SOURCE OF WEALTH, THE EQUITY IN THEIR HOME. IN THE WAKE OF THAT CRISIS, THIS CONGRESS PASSED THE DODD-FRANK ACT. IT REQUIRES LENDERS TO ASSESS A CONSUMER'S ABILITY TO REPAY THEIR MORTGAGE LOANS. WE ALSO PROVIDED STATUTORY PENALTIES FOR MORTGAGE LENDERS THAT DID NOT FOLLOW THESE NEW UNDERWRITING STANDARDS. CONGRESS ALSO DIRECTED THE CONSUMER BUREAU TO ENACT REGULATIONS TO CREATE A SAFE HARBOR FOR CREDITORS WHERE IT WOULD BE PRESUMED THAT THE CREDITOR EVALUATED THE BORROWER'S ABILITY TO REPAY. IN 2013, UNDER THE DIRECTION OF FORMER DIRECTOR, THE BUREAU RELEASED ITS ABILITY TO REPAY QUALIFIED MORTGAGE RULE. THIS RULE DEFINED HOW LENDERS COULD TAKE ADVANTAGE OF THAT SAFE HARBOR. QUALIFIED MORTGAGES COMMONLY REFERRED TO AS Q.M. LOANS, ARE A SPECIAL CATEGORY OF LOANS THAT HAVE STRONG UNDERWRITING STANDARDS AND CERTAIN NONPREDATORY LOAN FEATURES THAT HELP MAKE THEM MORE LIKELY THAT BORROWERS WILL BE ABLE TO AFFORD THEIR UNDERWRITING STANDARDS AND CERTAIN MORTGAGES. SO IF A LENDER ORIGINATES A Q.M. LOAN, IT MEANS THAT THE LENDER MET CERTAIN REQUIREMENTS. IT IS ASSUMED THAT THE LENDER FOLLOWED THE ABILITY TO REPAY RULE AS DRAFTED BY THE CONSUMER BUREAU. THIS ALSO ALLOWS THE LENDER TO BE SHIELDED FROM CERTAIN TYPES OF LIABILITY RULE AS DRAFTED BY ASSOCIATED WITH ORIGINATING BAD LOANS. I AND MY COLLEAGUES WERE PLEASED THAT THE BUREAU TAILORED THE RULE TO ENSURE LENDERS WHO SERVE RURAL AND UNDERSERVED COMMUNITIES HAVE FLEXIBILITY IN SERVING THEIR CUSTOMERS. WHILE THAT WAS A FIRST, VERY GOOD FIRST STEP, CONGRESS HAS PUSHED TO EXPAND THIS TAILORING TO INCLUDE EVEN MORE COMMUNITY BANKS AND CREDIT UNIONS CONSISTENT WITH SAFE AND SOUND OPERATIONS. H.R. 2226, AS AMENDED IN COMMITTEE, PROVIDES THIS TARGETED AND I THINK REASONABLE RELIEF. AS REPRESENTATIVE BARR AND I HAVE TALKED, THERE ARE ADDITIONAL REFINEMENTS TO THE BILL THAT I WOULD HAVE STILL LIKE TO HAVE SEEN ADOPTED SUCH AS ADDITIONAL GUARDRAILS ON THE TYPES OF PRODUCTS OFFERED. I AM GLAD, HOWEVER, AND AS MR. BARR INDICATED, THAT THE LEADERSHIP OF THE COMMITTEE, THE MAJORITY AGREED TO CRUCIAL LANGUAGE OFFERED BY MR. CAPUANO TO IMPROVE THE BILL. AS AMENDED LENDERS ARE REQUIRED TO CONTINUALLY HOLD THESE LOANS IN PORTFOLIO AND NOT ONLY CONSIDER AND DOCUMENT, BUT VERIFY A MORTGAGE -- BORROWER'S INCOME INFORMATION. CONGRESS SHOULD NOT BE IN THE BUSINESS OF ALLOWING LENDERS TO UNDERWRITE AND OFFER MORTGAGE LOANS THAT BORROWERS HAVE NO ABILITY TO REPAY. I'M SUPPORTIVE OF THIS BILL FOR THAT REASON, BUT ALSO BECAUSE I BELIEVE IT WILL HELP IN AREAS OF THE COUNTRY THAT HAVE WEAKER HOUSING MARKETS. THIS HAS REALLY BEEN THE REASON I HAVE BEEN INTERESTED IN THE ISSUE OF PORTFOLIO LENDING. AS MANY KNOW, I REPRESENT FLINT, MICHIGAN, WHICH NOT UNLIKE A NUMBER OF COMMUNITIES ACROSS THE COUNTRY, HAVE VERY WEAK AND VERY LOW COST MARKETS. YOU CAN PURCHASE A SINGLE FAMILY HOME IN FLINT FOR $25,000. NOT $250,000, $25,000. UNDER THE Q.M. RULES, FINANCIAL INSTITUTIONS SOMETIMES JUSTIFIABLY STRUGGLE TO MAKE THESE SMALL MORTGAGES. RESULTING IN EVEN MORE STAGNANT MARKETS. IT'S A VICIOUS CYCLE. AND WEAKENS THESE MARKETS PERMANENTLY. WE CAN'T GET PEOPLE FINANCED INTO MORTGAGES, THESE COMMUNITIES AND MARKETS WILL NEVER RECOVER. THIS BILL WILL ENCOURAGE COMMUNITY BANKS AND CREDIT UNIONS TO MAKE THOSE SMALLER MORTGAGES, TO HELP WEAKER MARKETS. IT'S FOR THAT REASON AND MANY OTHERS, BUT PARTICULARLY FOR THAT REASON, THAT I ENCOURAGE MY COLLEAGUES TO SUPPORT THIS LEGISLATION. IT'S A BIG STEP IN THE RIGHT DIRECTION FOR WEAK MARKETS. I HOPE MY COLLEAGUES WILL JOIN ME IN SUPPORTING IT. I RESERVE THE BALANCE OF MY TIME. .

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                                            • 01:45:31 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 01:45:34 PM

                                              >>

                                              THE GENTLEMAN FROM MICHIGAN, FOR HIS CONSTRUCTIVE COMMENTS, HIS SUPPORT,…

                                              THE GENTLEMAN FROM MICHIGAN, FOR HIS CONSTRUCTIVE COMMENTS, HIS SUPPORT, AND THE GENTLEMAN IS CORRECT. HE ENGAGED WITH ME AND MY COLLEAGUES WHO ARE CO-SPONSORING THIS LEGISLATION IN A CONSTRUCTIVE MANNER.

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                                            • 01:45:50 PM

                                              MR. BARR

                                              HE MADE VALUABLE CONTRIBUTIONS ALONG WITH MR. CAPUANO AND SEVERAL OTHER…

                                              HE MADE VALUABLE CONTRIBUTIONS ALONG WITH MR. CAPUANO AND SEVERAL OTHER MEMBERS ON THE OTHER SIDE OF THE AISLE, MR. PERLMUTTER, FOR EXAMPLE, OFFERED HIS THOUGHTFUL COMMENTS AS WELL. AND I APPRECIATE THE SUPPORT, THE BIPARTISAN SUPPORT, WORKING THROUGH A COMPROMISE TO GET THIS LEGISLATION TO WHERE IT IS TODAY. I THANK THE GENTLEMAN. AT THIS TIME I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM MINNESOTA, ALSO A SPONSOR OF THIS LEGISLATION AND A MEMBER OF THE FINANCIAL SERVICES COMMITTEE, A DISTINGUISHED MEMBER, MR. EMMER.

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                                            • 01:46:24 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED FOR TWO MINUTES.

                                            • 01:46:26 PM

                                              MR. EMMER

                                              THE FINANCIAL CHOICE ACT TO REPEAL DODD FRANK LAST YEAR, WE DID SO BECAUSE…

                                              THE FINANCIAL CHOICE ACT TO REPEAL DODD FRANK LAST YEAR, WE DID SO BECAUSE WE BELIEVE IN MAIN STREET. WE BELIEVE IN THE CONSUMER. THE AMERICAN CONSUMER. DODD FRANK PROMISED TO PROTECT CONSUMERS FROM THE BIG BANKS ON WALL STREET. IN REALITY, DODD-FRANK HAS PUNISHED SMALL BANKS AND CREDIT UNIONS AND ULTIMATELY THE AMERICAN CONSUMER. THE LOSS OF COMMUNITY FINANCIAL INSTITUTIONS TELLS THE STORY. IN MY STATE OF MINNESOTA, WE HAVE 513 COMMUNITY BANKS IN 2000, TODAY WE HAVE ABOUT 309 AND CONTINUE TO EXPERIENCE A DROUGHT IN DE NOVO CHARTERS. CREDIT UNIONS HAVE UNFORTUNATELY FACED SIMILAR CHALLENGES. THIS MEANS THERE ARE FEWER PLACES FOR AMERICANS TO TURN WHEN THEY'RE SEEKING A LOAN FOR THEIR FIRST HOME OR PERHAPS TO GET A SMALL BUSINESS OFF THE GROUND. ONE SPECIFIC PROVISION IN DODD-FRANK REQUIRES LENDERS TO DENY LOANS TO INDIVIDUALS WHO DO NOT MEET GOVERNMENT PRESCRIBED STANDARDS. THIS, ACCORDING TO WASHINGTON, MAKES LOANS SAFER, SINCE OF COURSE GOVERNMENT KNOWS BEST. BUT IN REALITY, THESE MORTGAGES HAVE NOT BEEN MADE SAFER. THEY HAVE BEEN MADE UNAVAILABLE. AND AS A RESULT, THE LIKELIHOOD OF GETTING APPROVED FOR A LOAN AND BECOMING A HOMEOWNER HAS PLUMMETED. REPRESENTATIVE BARR'S LEGISLATION, THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT, TAKES STEPS TO EMPOWER LENDERS IN MINNESOTA AND ACROSS THE COUNTRY TO BETTER SERVE THEIR NEEDS OF THEIR CUSTOMERS BY EXPANDING ACCESS TO CREDIT FOR AMERICAN BORROWERS. AT THE END OF THE DAY, THE MOST EFFECTIVE WAY TO MAKE SURE AN INDIVIDUAL HAS THE ABILITY TO REPAY DOES NOT NEED TO BE GOVERNMENT PRESCRIBE. I FLEESHT -- MY COLLEAGUE FROM KENTUCKY'S HARD WORK TO REINVIGORATE OUR FINANCIAL INSTITUTIONS AND URGE MY COLLEAGUES TO SUPPORT H.R. 2226 AS IT COMES BEFORE THE HOUSE FOR A VOTE. I YIELD BACK.

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                                            • 01:48:26 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MICHIGAN.

                                            • 01:48:34 PM

                                              MR. KILDEE

                                              I RESERVE.

                                            • 01:48:35 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 01:48:38 PM

                                              >>

                                              MADAM SPEAKER, I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM…

                                              MADAM SPEAKER, I'M PLEASED TO YIELD THREE MINUTES TO THE GENTLEMAN FROM ILLINOIS, ALSO I BELIEVE A SPONSOR OF THE LEGISLATION, MR. HULTGREN.

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                                            • 01:48:48 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED FOR THREE MINUTES.

                                            • 01:48:52 PM

                                              MR. HULTGREN

                                              THANK YOU, MADAM SPEAKER, THANK YOU, CHAIRMAN BARR. I RISE TO SPEAK IN…

                                              THANK YOU, MADAM SPEAKER, THANK YOU, CHAIRMAN BARR. I RISE TO SPEAK IN SUPPORT OF H.R. 2226, THE MORTGAGE LENDINGEN AND MORTGAGE ACCESS ACT. THIS IS SOMETHING CHAIRMAN BARR WORKED ON FOR AT LEAST TWO CONGRESSES NOW AND I FEEL WE'RE FINALLY IN A PLACE WHERE WE CAN GET SOME COMMONSENSE CHANGES TO THE CFPB'S RULES THAT PROVIDE RELIEF TO COMMUNITY BANKS AND CREDIT UNIONS. I WAS PLEASED TO SEE THIS LEGISLATION GET A UNANIMOUS VOTE IN THE FINANCIAL SERVICES COMMITTEE EARLIER THIS YEAR. I'M ALSO HAPPY TO SEE THAT THE SENATE BANKING COMMITTEE HAS TAKEN NOTE OF THIS ISSUE AND ADVANCED SIMILAR LEGISLATION. THE TODD-FRANK ACT REQUIRED THE CONSUMER FINANCIAL PROTECTION BUREAU TO COME UP WITH A SERIES OF NEW RULES REGARDING MORTGAGE LENING. ONE WAS THE SO-CALLED QUALIFY MORTGAGE RULE WHICH PROVIDS A SAFE HARBOR TO LOANS IF THEY MEET CERTAIN CRITERIA PRESCRIBED BY THE BUREAU THIS EFFECTIVELY MEANS THAT THE MARKET TREATS ANY LOANS THAT ARE NOT QUALIFIED MORTGAGES AS BEING MUCH RISKIER. THE BUREAU'S RULE ISEST TERRIBLY CHALLENGING FOR COMMUNITY BANKS AND CREDIT UNIONS. THESE DO NOT TEND TO BE AS AUTOMATED AS LARGER FINANCIAL INSTITUTIONS. THEY ALSO TEND TO PUT MORE MONEY AND MORE TIME INTO UNDERWRITING MARGES TO REFLECT THE UNIQUE CIRCUMSTANCES OF THE CUSTOMERS IN THEIR COMMUNITIES. HOWEVER THE CFPB'S QUALIFIED MORTGAGE RULE TOOK AWAY MUCH FLEXIBILITY FROM THE LENDERS BY DOING THINGS LIKE INSTITUTING A 42-3 DEBT TO INCOME RATIO. A ONE SIZE FITS ALL IS ALMOST NEVER A GOOD APPROACH. THE CFPB'S RULE DID NOT ACKNOWLEDGE THE FACT THAT SMALL LENDERS DO NOT TEND TO SELL THE LOANS INTO THE SECONDARY MARKET. THEY KEEP 100% OF THE RISK ON THEIR PORTFOLIO THIS MEANS THESE LEND VERSE A STRONG INSENT TOIV ISSUE LOANS THAT THEY BELIEVE WILL BE REPAID. IF LOANS HELD ON PORTFOLIO CAN BE TREATED AS QUALIFIED MORBLINGS, THESE BANKS AND CREDIT UNIONS WILL HAVE A STRONGER INSENT TOIV MANAGE ANY RISK ASSOCIATED WITH THESE MORTGAGES. THE PORTFOLIO LENDING AND MORTGAGE ACCESS ACT WOULD TREAT LOANS HELD ON PORTFOLIO AS QUALIFIED MORTGAGES IF THEY MEET SOME OTHER CRITERIA SUCH AS NOT HAVING A NEGATIVE AMORTIZATION OF INTEREST OR INTEREST ONLY FEATURES. THIS CHANGE TO THE CFPB'S QUALIFIED MORTGAGE RULE WILL GO A LONG WAY SOUTHWARD SIMPLIFYING HOW OUR COMMUNITY FINANCIAL INSTITUTIONS CAN HELP FAMILIES ACHEE THE DREAM OF HOME OWNERSHIP. I'VE BEEN HEARING ABOUT THIS LEGISLATION FOR YEARS FROM CREDIT UNIONS AND BANKS IN ILLINOIS AND I'M CONFIDENT IT WILL HELP MY CONSTITUENTS. I ENCOURAGE MY COLLEAGUES TO SUPPORT THIS IMPORTANT LEGISLATION AND YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:51:28 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM MP IS RECOGNIZED.

                                            • 01:51:35 PM

                                              MR. KILDEE

                                              I'M PREPARED TO CLOSE IF MR. BARR IS PREPARED TO CLOSE.

                                            • 01:51:40 PM

                                              MR. BARR

                                              THANK YOU, MADAM SPEAKER. JUST TO REITERATE, WE DON'T AGREE ON EVERYTHING,…

                                              THANK YOU, MADAM SPEAKER. JUST TO REITERATE, WE DON'T AGREE ON EVERYTHING, EVEN SOME OF THE DEBATE IN THIS CONVERSATION I THINK WE COULD FIND AREAS OF DISAGREEMENT. WHEN IT. CO-S TO THE SPECIFICS OF THIS LEGISLATION, I THINK IT STRIKES A GOOD BALANCE. THE BALANCE FOR ME BEING THE NOTION THAT WE CAB DEEM THOSE EMERGENCIES HELD BY SMALLER INSTITUTIONS AS LONG AS THEY'RE HELD BY PORTFOLIO AS MEETING Q.M. REQUIREMENTS. WHAT WE GET IS IN WEAK MARKETS WE GET A CHANCE FOR FOLKS WHO HAVE BEEN LOCKED OUT OF HOME OWNERSHIP TO GET A SMALL MORTGAGE, LITERALLY ON A 25 -- ON A $5,000, $30,000, OR $40,000 HOME AND BEGIN TO BUILD EQUITY THAT WILL RETURN TO THAT FAMILY AND COMMUNITY FOR A LONG, LONG TIME. I SUPPORT THE LEGISLATION AND URGE MY CREAGS TO JOIN ME IN VOTING YES ON IT. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:52:35 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 01:52:38 PM

                                              MR. BARR

                                              THANK YOU, MADAM SPEAKER. IN CLOSING, LET ME JUST REITERATE THAT THIS…

                                              THANK YOU, MADAM SPEAKER. IN CLOSING, LET ME JUST REITERATE THAT THIS SOLVES TWO PROBLEMS. IT SOLVES THE PROBLEM OF RESPONSIBLE EXPANSION OF ACCESS TO MORTGAGE CREDIT, ACCESS TO THAT AMERICAN DREAM OF HOME OWNERSHIP, AND AT THE SAME TIME PREVENTING THE MISTAKES THAT LED TO THE 2008 FINANCIAL CRISIS. THE ORIGINATE TO DISTRIBUTE MODEL WHERE ORIGINATORS OF MORTGAGES HAD NO SKIN IN THE GIM AND ALLOWED THOSE MORTGAGES TO BE POORLY UNDERWRITTEN RR NOT UNDERWRITTEN AT ALL WITH NO DOCUMENTATION AND SECURITIZED AN SOLD INTO THE SECONDARY MARKET WITHOUT ANY EYE TOWARD THE CONSUMER AND BORROWER'S ABILITY TO REPAY. EVERYBODY IN THIS INSTITUTION AS EVIDENCED BY THE BIPARTISAN WORK HERE, WE ALL RECOGNIZE THAT A BORROWER SHOULD DEMONSTRATE AN ABILITY TO REPAY THAT LOAN. BUT THE CRUX OF THIS LEGISLATION IS A -- AT THE CORE OF THE LEGISLATION IS A RECOGNITION THAT A LOCAL COMMUNITY BANKER, A LOCAL CREDIT UNION, A LENDER, WITH A PERSONAL RELATIONSHIP WITH A BORROWER IS IN THE BEST POSITION TO DETERMINE WHETHER OR NOT THAT BORROWER THAT PROSPECTIVE HOMEOWNER CAN REPAY THAT LOAN. WHEN THERE'S RISK ETENSION, WHEN THAT LENDER IS CHARGED WITH RESPONSIBILITY OF MAINTAINING THAT LOAN IN PORTFOLIO, THE LENDER IS MUCH MORE INCENTIVIZED TO PROPERLY UNDERWRITE THAT LOAN AND MAKE SURE THAT THAT CUSTOMER THAT BORROWER, THAT FUTURE HOMEOWNER HAS A DEMONSTRABLE ABILITY TO REPAY. AND I THINK IT'S A MUCH BETTER SUBSTITUTE TO A ONE SIZE FITS ALL CREDIT BOX FROM BURE RATS IN WASHINGTON, D.C. WHO HAVE NOY TOWARD THE CREDIT WORTHINESS OF THAT PARTICULAR BORROWER. WE HAVE WORKED TO MAKE THIS A BIPARTISAN PETION OF LEGISLATION LIMITING THE SIZE OF THE INSTITUTIONS THAT CAN ACCESS THIS REGULATORY RELIEF BUT CLEARLY WHEN COMMUNITY FINANCIAL INSTITUTIONS, BANKERS FROM AROUND THE COUNTRY, EVERY PART OF THE COUNTRY ARE SAYING THAT THEY SEE THE Q.M. RULE AS NOT QUALIFIED MORTGAGES BUT QUITTING MORTGAGES, AND WHEN WE SEE AN UNNECESSARY CONSTRAINT OF MORTGAGE CREDIT AND WHEN THE NATIONAL ASSOCIATION OF REALTORS ARE REPORTING THAT THEY'RE UNABLE TO CLOSE MORTGAGES DUE TO THIS ONEROUS QUALIFIED MORTGAGE RULE, CLEARLY THE PENDULUM HAS SWUNG TOO FAR. AND SO YES WE NEEDED SOME REFORMS IN THE AFTERMATH OF THE FINANCIAL CRISIS THIS Q.M. RULE WENT TOO FAR. THIS IS A RECALIBRATION OF THAT AND THIS IS IMPORTANT REGULATORY RELIEF FOR OUR COMMUNITY FINANCIAL INSTITUTIONS THAT WILL INEUROTO THE BENEFIT OF THE AMERICAN -- I NEUROTO THE BENEFIT OF THE AMERICAN PUBLIC -- THAT WILL INURE TO THE BENEFIT OF THE AMERICAN PUBLIC. WITH THAT, LET ME MAKE ONE FINAL OBSERVATION, THAT IS TO GIVE CREDIT TO THE ADMINISTRATION. THE DEPARTMENT OF TREASURY IN THEIR FINDINGS AND RECOMMENDATIONS IN THEIR REPORT ON BANKS AND CREDIT UNION THEY RECOGNIZE THAT THIS WAS A PROBLEM IN THE MORTGAGE LENDING SPACE AND THEY MADE A RECOMMENDATION ALSO TO INCREASE THE PORTFOLIO LENDING SAFE HARBOR TO INSTITUTIONS WITH $10 BILLION IN ASSETS OR LOWER AND THAT, AS THEY ARGUED, WILL ACCOMMODATE LOANS MADE AND RETAINED BY SMALL DEPOSITORY INSTITUTION, PROVIDE THAT NEEDED REGULATORY RELIEF TO OUR FINANCIAL INSTITUTIONS AND EXPAND ACCESS TO MORTGAGE CREDIT IN A RESPONSIBLE WAY. SO WITH THAT, MADAM SPEAKER, I THANK MY COLLEAGUES FOR THEIR SUPPORT, AND AT THIS TIME I HAVE NO FURTHER REQUESTS FOR TIME AND THEREFORE YIELD BACK THE BALANCE OF MY TIME.

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                                            • 01:56:38 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE…

                                              THE GENTLEMAN YIELDS BACK. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 2226 AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID ON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION?

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                                            • 01:57:10 PM

                                              >>

                                              I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4725.

                                            • 01:57:16 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CLERK WILL REPORT THE TITLE OF THE BILL.

                                            • 01:57:20 PM

                                              THE CLERK

                                              H.R. 4725, A BILL TO REQUIRE SHORT FORM REPORTS FOR CERTAIN DEPOSITORY…

                                              H.R. 4725, A BILL TO REQUIRE SHORT FORM REPORTS FOR CERTAIN DEPOSITORY INSTITUTIONS.

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                                            • 01:57:29 PM

                                              TEMPORE PURSUANT

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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                                            • 01:57:38 PM

                                              MR. BARR

                                              MADAM SPEAKER, I RISE TODAY IN SUPPORT OF H.R. 4725, THE COMMUNITY BANK…

                                              MADAM SPEAKER, I RISE TODAY IN SUPPORT OF H.R. 4725, THE COMMUNITY BANK REPORTING RELIEF ACT. COMMUNITY BANKS WERE HIT HARD BY THE GREAT RECESSION AND THE ENSUING REGULATIONS. NUMEROUS BANKERS HAVE TOLD ME THEY ARE SPENDING MORE AND MORE MONEY AND RESOURCES AND TIME ON COMPLIANCE COSTS AND LESS MONEY AND RESOURCES ON ACTUALLY PROVIDING SERVICES TO CUSTOMERS. THIS IS PARTICULARLY ALARMING BECAUSE THESE SMALL BANKS ARE SO CRITICAL TO THEIR COMMUNITIES. FROM SPONSORING THE LOCAL T-BALL TEAM TO LENDING MONEY TO A FARMER FOR THE NEXT YEAR'S CROP, TO HELPING THE SINGLE MOM PURCHASE A USED CAR SO SHE CAN GET TO WORK, THESE BANKS ARE INVOLVED AT EVERY LEVEL OF OUR COMMUNITIES ALL ACROSS AMERICA. BUT BECAUSE OF OVERREGULATION, THESE BANKS ARE RAPIDLY CLOSING AND CONSOLIDATING. UNFORTUNATELY, THE HEADLINE FOR BANKS IN THE COMMONWEALTH OF KENTUCKY IS NO DIFFERENT. SINCE THE ENACTMENT OF THE DODD-FRANK FINANCIAL CONTROL LAW WE HAVE SEEN A 20% DROP IN THE NUMBER OF BANKS IN OUR STATE AN THERE'S BEEN A DEARTH OF CHARTERS FOR NEW BANKS. IN FACT, SINCE 2010, THERE HAVE BEEN ONLY A FEW DE NOVO CHARTERS FOR BANKS NATIONWIDE. SOME PEOPLE SAY THAT CONSOLIDATION AND MERGERS HAVE BEEN A LONG-TERM TREND FOR THE LAST 30 YEARS AND THEREFORE NOT RELATED TO THE RECENT UPTICK IN REGULATIONS, UNRELATED TO DODD-FRANK. BUT THEY ARE CLEARLY NOT SEING THE BIGGER PICTURE BECAUSE EVEN AFTER MERGERS MANY BRANCHES IN RURAL AND OTHER UNDERSERVED COMMUNITIES ARE CLOSING, LEAVE MANAGE KENTUCKIANS TO DRIVE A TOWN OR TWO OTHER JUST TO GET -- OVER JUST TO GET TO THE NEAREST BANK. IT'S NOT JUST ABOUT A LONG-TERM TREND OF CONSOLIDATION, THERE HAVE BEEN NO NEW CHARTERS WHEREAS BEFORE THE DODD-FRANK LAW WAS ENACTED THERE WERE MANY, MANY NEW CHARTERS EVERY YEAR AND SINCE THE DODD-FRANK LAW WAS ENACTED NO NEW CHARTERS. THE CONSOLIDATION TREND HAS GOTTEN WORSE SINCE THE AVALANCHE OF RED TAPE COMING OUT OF WASHINGTON, D.C. THAT'S HAVING A VERY NEGATIVE IMPACT ON RURAL AND UNDERSERVED AMERICAN COMMUNITIES. WHILE NEW TECHNOLOGIES ARE HELPING BRING BANKING SERVICES TO ANYONE WITH AN INTERNET CONNECTION, MANY PEOPLE STILL PREFER THE PERSONAL, ONE-ON 46 ONE BANKING STYLE THEY GREW UP WITH AND THE PERSONAL INTERACTION OFTEN THAT HELPS THE BANKS THEMSELVES UNDERSTAND THE EXACT NEEDS OF THEIR CUSTOMERS. THE DODD-FRANK LAW WAS ALMOST 2,300 PAGES AND REQUIRED DOZENS OF AGENCIES TO ACQUIRE NEW REGULAR LACES. AS A RESULT THEY ISSUED HUNDREDS OF REGULATIONS AND PLACED ABOUT 28,000 NEW RESTRICTIONS ON THE BANKING INDUSTRY, EFFECTIVELY DOUBLING THE NUMB OF REGULATORY RESTRICTIONS IN TITLE 12 OF THE CODE OF FEDERAL REGULATION TO MORE THAN 52,000. ALTHOUGH NOT PART OF THE DODD-FRANK RUSH OF REGULATIONS, A GROWING NUMBER OF BANKS HAVE CITED THE FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCILS OR FFIEC CONSOLIDATED REPORTS OF POSITION AND INCOME OR CALL REPORTS AS THEY ARE COMMONLY CALLED AS TOO BURDENSOME. EACH QUARTER ALL NATIONAL BANKS, STATE MEMBER BANKS, INSURED STATE NONMEMBER BANKS AND SAVINGS ASSOCIATIONS ARE REQUIRED TO FILE THESE CALL REPORTS. THE REPORTS CONTAIN APPROXIMATELY 50 PAGES OF FINANCIAL DATA ON EACH BANK INCLUDING THEIR ASSETS, LIABILITIES, CAPITAL ACCOUNTS, EXPENSES AND INCOME. HOWEVER THESE REPORTS ARE VERY BURDENSOME FOR COMMUNITY BANKS WITH LIMITED RESOURCES AND OFTEN D -- AND OFFER LITTLE VALUE TO REGULATORS RELATIVE TO THE LAST QUARTER'S REPORT. . THANKFULLY THE ACT IS FIGHTING BACK AGAINST THE BUREAUCRATIC NIGHTMARE OF COMPLYING WITH THESE 52,000 RESTRICTIONS BY ALLOWING BANKS WITH LESS THAN $5 BILLION IN CONSOLIDATED ASSETS TO FILE THEIR CALL REPORTS EVERY SIX MONTHS AS OPPOSED TO EVERY THREE MONTHS. THE IMPACT OF THIS REGULATORY CHANGE WILL BE A HUGE DEVELOPMENT FOR BANKS ACROSS THE COUNTRY. NOW THEY WILL SPEND LESS TIME ON CALL REPORTS AND MORE TIME ON ACTUALLY HELPING CUSTOMERS. THIS MEANS MORE CAPITAL WILL BE FLOWING INTO OUR O LOCAL ECONOMIES, SPURRING JOB GROWTH AND ECONOMIC DEVELOPMENT WHILE MAKING A REAL DIFFERENCE IN THE LIVES OF AMERICANS TRYING TO ACCESS AFFORDABLE CAPITAL TO BUY A NEW HOME OR CAR OR START A BUSINESS. I WANT TO THANK MY GOOD FRIEND FROM ILLINOIS, CONGRESSMAN RANDY ULTGREN, FOR HIS LEADERSHIP AND INTRODUCING THIS IMPORTANT LEGISLATION. DUE TO HIS LEADERSHIP, THIS GREAT COMMUNITY BANK BILL IS BEING CONSIDERED AS A SUSPENSION ON THE FLOOR TODAY. THAT MEANS THAT THERE IS A GREAT CHANCE THAT THIS BILL WILL BUILD ON ITS UNANIMOUS SUPPORT UNANIMOUS SUPPORT EARNED DURING THE HOUSE FINANCIAL SERVICES COMMITTEE MARKUP, AND WILL BE A BIPARTISAN PROVISION IN THE SENATE BANKING CHAIRMAN'S ECONOMIC GROWTH REGULATORY RELIEF AND CONSUMER PROTECTION ACT, WHICH IS EXPECTED TO PASS OUT OF THE SENATE VERY SOON. IN ADDITION TO CONGRESSMAN HULTGREN, I WANT TO THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR THEIR HARD WORK ON THIS CRITICAL LEGISLATION. I URGE MY COLLEAGUES TO VOTE FOR H.R. VERY SOON. IN ADDITION TO CONGRESSMAN HULTGREN, I WANT TO THANK THE COMMUNITY BANK REPORTING RELIEF ACT. 4725, WITH THAT I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:02:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM…

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM MICHIGAN.

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                                            • 02:03:00 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 02:03:02 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED FOR SUCH TIME HE MAY CONSUME.

                                            • 02:03:05 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I RISE TO SUPPORT H.R. 4725, THE COMMUNITY BANK…

                                              THANK YOU, MR. SPEAKER. I RISE TO SUPPORT H.R. 4725, THE COMMUNITY BANK REPORTING RELIEF ACT, WHICH WOULD REDUCE REPORTING REQUIREMENTS THROUGH FIRST AND THIRD QUARTER CALL REPORTS FOR MICHIGAN.

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                                            • 02:03:12 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.…

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME. DEPOSITORY INSTITUTIONS WITH LESS THAN $5 MILLION IN TOTAL CONSOLIDATED ASSETS. THIS BILL PROVIDES TARGETED REGULATORY RELIEF TO MANY OF OUR SMALLER FINANCIAL INSTITUTIONS. AS HAS BEEN DESIRABLE, DEMOCRATS AND REPUBLICANS ON THE COMMITTEE AND IN THIS CONGRESS FOR SOME TIME. UNDER THE OBAMA ADMINISTRATION, THE FEDERAL BANKING AGENCIES BEGAN TAKING A SERIES OF STEPS TO REDUCE AND STREAMLINE VARIOUS BANK REPORTING REQUIREMENTS. MANY OF THE REQUIREMENTS HAVE EXISTED FOR DECADES, INCLUDING THE CONSOLIDATED STREAMLINE VARIOUS BANK REPORTING -- QUARTERLY CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR BANK, WHICH IS COMMONLY REFERRED TO AS A CALL REPORT. THESE EFFORTS BY REGULATORS HAVE INCLUDED CREATING A SIMPLER CALL REPORT FOR MOST COMMUNITY BANKS WITH LESS THAN $1 BILLION. REGULATORS HAVE ALREADY BEEN EXPLORING RAISING THE THRESHOLD TO A COMPARABLE LEVEL THAT IS PROPOSED BY THIS LEGISLATION. THE REGULATORS ALSO ALLOW FOR SOME DATA TO BE REPORTED SEMIANNUALLY AS THIS BILL WOULD ALLOW OR ANNUALLY RATHER THAT QUARTERLY. I'M PLEASED THAT H.R. 4725 WOULD GIVE THE REGULATORS DISCRETION TO DECIDE ON WHAT INFORMATION SHOULD BE INCLUDED IN A REDUCED CALL REPORT. IT'S ALSO KEY THAT THE BILL WOULD REQUIRE A FULL CALL REPORT EVERY OTHER QUARTER FOR BANKS UNDER $5 BILLION, INCLUDING AT THE END OF THE YEAR TO MAKE SURE REGULATORS AND THE PUBLIC HAVE SUFFICIENT INFORMATION ON THE HEALTH OF FINANCIAL INSTITUTIONS. FURTHERMORE, THIS BILL WOULD PERMIT REGULATORS TO LIMIT THE REGULATORY RELIEF AS PUBLIC HAVE SUFFICIENT INFORMATION ON THE HEALTH OF FINANCIAL APPROPRIATE. THIS WOULD, FOR EXAMPLE, EXCLUDE BANKS WITH FOREIGN OFFICES OR ONE THAT IS ARE AFFILIATED WITH MUCH LARGER BANKS AS THEY DO TODAY. THIS BILL WOULD APPROPRIATELY MAINTAIN ROBUST OVERSIGHT OF OUR NATION'S LARGEST BANKS WHILE PROVIDING TARGETED RELIEF FOR SMALLER INSTITUTIONS. AS I SAID, WE DON'T AGREE ON EVERYTHING, MANY OF US ON THIS SIDE BELIEVE THAT THE ROBUST PROTECTIONS BUILT INTO DODD-FRANK HAVE STRENGTHENED THE FINANCIAL SYSTEM, BUT THAT THERE ARE WAY THAT IS WE CAN IMPROVE AND RE-- WAYS THAT WE CAN IMPROVE AND REFINE THE RESTRICTIONS TO SUPPORT PARTICULARLY SMALLER INSTITUTIONS. THIS IS A STEP IN THAT DIRECTION. I URGE MY COLLEAGUES TO SUPPORT H.R. 4725. I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:05:41 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE…

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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                                            • 02:05:45 PM

                                              MR. BARR

                                              MR. SPEAKER, I'M PLEASED TO YIELD SIX MINUTES TO THE SPONSOR OF THE…

                                              MR. SPEAKER, I'M PLEASED TO YIELD SIX MINUTES TO THE SPONSOR OF THE LEGISLATION, THE GENTLEMAN FROM ILLINOIS, THE BILL'S SPONSOR AND VICE CHAIRMAN OF THE IN THAT DIRECTION. I URGE MY COLLEAGUES TO SUPPORT H.R. 4725. I RESERVE THE BALANCE OF MY TIME. SUBCOMMITTEE ON CAPITAL MARKETS, SECURITIES, AND INVESTMENT, MR. HULTGREN.

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                                            • 02:05:55 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED FOR SIX MINUTES.

                                            • 02:05:58 PM

                                              MR. HULTGREN

                                              THANK YOU, MR. SPEAKER. I RISE TODAY TO SPEAK IN SUPPORT OF THE COMMUNITY…

                                              THANK YOU, MR. SPEAKER. I RISE TODAY TO SPEAK IN SUPPORT OF THE COMMUNITY BANK REPORTING RELIEF ACT. I WOULD LIKE TO BEGIN BY THANKING LEADER MCCARTHY AND CHAIRMAN HENSARLING FOR THEIR SUPPORT IN GETTING THIS LEGISLATION TO THE FLOOR. I ALSO WANT TO THANK AND EXPRESS MY APPRECIATION TO MY COLLEAGUE, ANDY BARR AND TERRI SEWELL, FOR SERVING AS ORIGINAL CO-SPONSORS ON THIS LEGISLATION. I WOULD ALSO LIKE TO OINT OUT THIS IDENTICAL LANGUAGE HAS BEEN INCLUDED IN THE BIPARTISAN REGULATORY RELIEF BILL THAT THE SENATE EXPECTED TO TAKE UP SOME TIME THIS WEEK. BY WAY OF BACKGROUND, THE FEDERAL FINANCIAL INSTITUTIONS EXAMPLE COUNCIL REQUIRES BANKS AND SAVINGS ASSOCIATIONS TO FILE A QUARTERLY CONSOLIDATESED REPORT OF CONDITION AND INCOME -- CONSOLIDATED REPORT OF CONDITION AND INCOME. BANKING REGULATORS USE DATA IN THE CALL REPORT TO DISCOVER THE RISK PROFILE OF EACH INSTITUTION AND ASSESS THE OVERALL CONDITION OF THE WEST BANK BANKING SYSTEM. WE CAN ALL AGREE OUR REGULATORS SHOULD HAVE REGULAR UPDATES ON THE OVERALL PERFORMANCE HEALTH OF FINANCIAL INSTITUTIONS. FOR EXAMPLE, THIS IS IMPORTANT TO FEDERAL BANKING REGULATORS ARE GOING TO BE A PRUDENT STEWARD OF FEDERAL DEPOSIT INSURANCE. HOWEVER, THIS DOES NOT MEAN THAT THE FEDERAL BANKING REGULATORS NEED REGULAR REPORTS ABOUT EVERY SINGLE DATA POINT ON EVERY SINGLE FINANCIAL INSTITUTION. UNFORTUNATELY, THE REPORTING BURDEN HAS GROWN SIGNIFICANTLY OVER THE YEARS. WHICH MEANS BANKS HAVE TO SPEND MORE TIME WITH COMPLIANCE ISSUES RATHER THAN WORKING WITH FAMILIES AND BUSINESSES TO MEET THEIR FINANCIAL NEEDS. WHEN I INTRODUCED SIMILAR LEGISLATION LAST CONGRESS, ONE COMMUNITY BANKER IN ILLINOIS WITH FIRST COMMUNITY BANK AND TRUST SHARED WITH ME, AND I QUOTE, THE QUARTERLY CALL REPORT HAS INCREASED TO SOME 80 PAGES SUPPORTED BY ALMOST 700 PAGES OF INSTRUCTIONS. AND IT REPRESENTS A GROWING BURDEN ON COMMUNITY BANKS, END QUOTE. ACCORDING TO A SURVEY THAT THE INDEPENDENT COMMUNITY BANKERS OF AMERICA CONDUCTED OF ITS MEMBERS IN 2014, OVER 60% OF THE BANKS, END AN OWL COST TO PREPARE THE CALL REPORT GOES TO PERSONNEL SALARIES. THEIR SURVEY SHOWS THIS IS NOT A HIGHLY AUTOMATED PROCESS FOR THOSE INSTITUTIONS AND THAT OFTENTIMES SENIOR EXECUTIVES SUCH AS THE CHIEF FINANCIAL OFFICER, ARE RESPONSIBLE FOR THIS REGULATORY BURDEN. WE ALSO HEARD TESTIMONY IN THE FINANCIAL INSTITUTION SUBCOMMITTEE HEARING FROM ROBERT FISHER, PRESIDENT AND C.E.O. OF TYOGA STATE BANK WHO STATED, I QUOTE, WHEN I FIRST STARTED IN BANKING IN THE MID 1980'S THE REPORT WAS 18 PAGES LONG. NO CHANGE IN OUR BASIC BUSINESS MODEL SINCE THAT TIME WARRANTS THE SHARP GROWTH IN OUR QUARTERLY REPORTING OBLIGATIONS, END QUOTE. THE LENGTH OF THE CALL REPORT HAS SIMPLY GOTTEN OUT OF HAND. WASHINGTON NEEDS TO GET OUT OF THE WAY SO COMMUNITY BANKS CAN FOCUS ON MEETING THE NEEDS OF THEIR COMMUNITIES. THE ROETHLISBERGER OF SMALLER FINANCIAL INSTITUTIONS IS ESPECIALLY IMPORTANT IN MORE RURAL AREAS SUCH AS IN MY DISTRICT WHERE LARGER BANKS TEND TO NOT HAVE AS MANY BRANCHES. THE COMMUNITY BANK REPORTING RELIEF ACT WOULD REQUIRE FEDERAL BANKING REGULATORS TO PERMIT FOR A SHORT FORM CALL REPORT EVERY OTHER QUARTER FOR BANKS WITH LESS THAN $5 BILLION IN ASSETS AND THAT SATISFY OTHER CRITERIA DETERMINED BY BANK REGULATORS. FEDERAL BANKING REGULATORS HAVE NOT DEMONSTRATED THERE ARE STATISTICALLY SIGNIFICANT VARIATIONS IN THIS DATA QUARTER TO QUARTER, AND WE HEARD TESTIMONY CONSISTENT WITH THAT FROM TYOGA STATEBACK IN THE HOUSE FINANCIAL SERVICES COMMITTEE. THIS MEANS THE BANKING REGULATORS ARE COLLECTING TOO MUCH INFORMATION TOO FREQUENTLY. THE FEDERAL BANKING REGULATORS WOULD BE REQUIRED TO TAKE INPUT FROM OUR NEIGHBORHOOD BANKS UNDER CONSIDERATION WHEN MAKING THE CHANGES. THIS CANNOT BE SIMPLY CHECK THE BOX EXERCISES BUT REAL REFORM IS NECESSARY. HOWEVER NOTHING IN THIS LEGISLATION WOULD PREVENT REGULATORS FROM HAVING ACCESS TO THE INFORMATION THAT THEY NEED TO ADEQUATELY UNDERSTAND THE HEALTH OF THE BANKING SYSTEM. REGULATORS WILL STILL RECEIVE THE MOST IMPORTANT INFORMATION EVERY QUARTER. THE INDEPENDENT COMMUNITY BANKERS OF AMERICA HAS SUGGESTED THIS SHORT FORM CALL REPORT INCLUDE THREE SCHEDULES. SCHEDULE R.I., INCOME STATEMENT, SCHEDULE R.I.A., CHANGES IN BANK EXEQUITY CAPITAL, AND SCHEDULE R.C., THE BALANCE SHEET. FURTHERMORE IN THE EVENT THERE IS ANY REASON FOR CONCERN ABOUT THE HEALTH OF THE BANK, REGULATORS WOULD MAINTAIN THEIR AUTHORITY TO MAKE AD HOC INFORMATION REQUESTS. THIS LEGISLATION IS SUPPORTED BY THE AMERICAN BANKERS ASSOCIATION, THE INDEPENDENT COMMUNITY BANKERS OF AMERICA, THE NEIGHBORHOOD BANKS IN ALL OF OUR DISTRICTS LOOKING FOR COMMONSENSE REGULATORY RELIEF. I URGE MY COLLEAGUES TO VOTE IN SUPPORT OF THIS LEGISLATION. WE MUST CUT REGULATION FOR COMMUNITY BANKS. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:10:28 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES…

                                              THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM MICHIGAN.

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                                            • 02:10:32 PM

                                              MR. KILDEE

                                              RESERVE.

                                            • 02:10:35 PM

                                              MR. BARR

                                              MR. SPEAKER, LET ME ONCE AGAIN THANK THE GENTLEMAN FROM ILLINOIS FOR HIS…

                                              MR. SPEAKER, LET ME ONCE AGAIN THANK THE GENTLEMAN FROM ILLINOIS FOR HIS TIRELESS ADVOCACY ON BEHALF OF OUR COMMUNITY FINANCIAL INSTITUTIONS AND PROVIDING SOME COMMONSENSE, BASIC RELIEF TO THOSE INSTITUTIONS SO THAT INSTEAD OF DEALING WITH PAPERWORK THEY CAN ACTUALLY BETTER SERVE THEIR CUSTOMERS AND GROW OUR LOCAL ECONOMIES. MR. SPEAKER, I WOULD ALSO ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL. I RESERVE MY TIME AND WISH TO INFORM MY COLLEAGUE THAT I'M PREPARED TO CLOSE.

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                                            • 02:11:07 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION. CHAIR RECOGNIZES THE GENTLEMAN FROM MICHIGAN.

                                            • 02:11:10 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I CLOSE BY REITERATING WHAT I SAID EARLIER. FROM…

                                              THANK YOU, MR. SPEAKER. I CLOSE BY REITERATING WHAT I SAID EARLIER. FROM TIME TO TIME, IT'S CLEAR THAT WE CAN COME TOGETHER ON SOLUTIONS TO PROBLEMS THAT WE COME ACROSS IN ANY REGULATION, ASPECT OF THE FEDERAL GOVERNMENT, AND EVEN IN AREAS WHERE WE MIGHT FIND BROAD DISAGREEMENT ON THE IMPORTANCE OF MANY OF THE PROTECTION THAT IS WERE PUT IN PLACE AFTER THE FINANCIAL CRISIS, ACROSS THE AISLE WE CAN OFTEN FIND COMMON GROUND AROUND PARTICULAR SOLUTIONS AND WHEN WE DO THAT, WE SHOULD ACT. AND I THINK THAT'S WHY SO MANY OF US WERE PLEASED TO SEE THIS LEGISLATION COME FORWARD TO GIVE US A CHANCE TO DEMONSTRATE THAT. THIS IS A STEP IN THE RIGHT DIRECTION. PARTICULARLY SUPPORTING SOME OF OUR SMALLER INSTITUTIONS. I SUPPORT THIS LEGISLATION, URGE MY COLLEAGUES TO DO THE SAME, I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:11:58 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE…

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE -- THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE CHAIR RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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                                            • 02:12:04 PM

                                              MR. BARR

                                              I HAVE NO FURTHER REQUESTS FOR TIME AND YIELD BACK.

                                            • 02:12:06 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R.…

                                              THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4725. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 OF THOSE VOTING HAVING RESPONDED IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED, AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID UPON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM KENTUCKY SEEK RECOGNITION.

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                                            • 02:12:33 PM

                                              MR. BARR

                                              MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS…

                                              MR. SPEAKER, I MOVE TO SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS AMENDED.

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                                            • 02:12:41 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CLERK WILL REPORT THE TITLE OF THE BILL.

                                            • 02:12:43 PM

                                              THE CLERK

                                              UNION CALENDAR NUMBER 415, H.R. 4768, A BILL TO REQUIRE THE PRESIDENT TO…

                                              UNION CALENDAR NUMBER 415, H.R. 4768, A BILL TO REQUIRE THE PRESIDENT TO DEVELOP A NATIONAL STRATEGIC TO -- STRATEGY TO COMBAT THE FINANCIAL NETWORKS OF TRANSNATIONAL ORGANIZED CRIMINALS, AND FOR OTHER PURPOSES.

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                                            • 02:12:59 PM

                                              TEMPORE PURSUANT

                                              PURSUANT TO THE RULE THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE…

                                              PURSUANT TO THE RULE THE GENTLEMAN FROM KENTUCKY, MR. BARR, AND THE GENTLEMAN FROM MICHIGAN, MR. KILDEE, EACH WILL CONTROL 20 MINUTES. THE CHAIR NOW RECOGNIZES THE GENTLEMAN FROM KENTUCKY.

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                                            • 02:13:07 PM

                                              MR. BARR

                                              MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

                                              MR. SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL ON THIS BILL.

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                                            • 02:13:14 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION.

                                            • 02:13:16 PM

                                              MR. BARR

                                              MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 02:13:19 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 02:13:21 PM

                                              MR. BARR

                                              I RISE TODAY IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING…

                                              I RISE TODAY IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO AT THE OUTSET APPLAUD AND THANK MY COLLEAGUE, MR. CUSTOFF, FROM TENNESSEE, FOR HIS LEADERSHIP ON THIS IMPORTANT LEGISLATION. AND FOR BRINGING THIS SOLUTION TO THE CONGRESS AND SOLUTION TO THE AMERICAN PEOPLE. AS MEMBERS OF CONGRESS, OUR NUMBER ONE RESPONSIBILITY IS THE NATIONAL SECURITY AND THE WELL-BEING OF THE AMERICAN PEOPLE. UNFORTUNATELY, TRANSNATIONAL CRIMINAL ORGANIZATIONS THREATEN THE SAFETY OF AMERICANS AND WE MUST DO EVERYTHING IN OUR POWER TO STOP THEM. TRANSNATIONAL CRIMINAL ORGANIZATIONS, ORGANIZATIONS THREATEN OR T.C.O.'S AS THEY ARE CALLED FOR SHORT, ARE ENGAGED IN ILLEGAL BUSINESS VENTURES AROUND THE WORLD. SUCH AS MONEY LAUNDERING. CYBER CRIME. AND THE TRAFFICKING OF DRUGS, WEAPONS, ENDANGERED SPECIES, AND HUMAN BEINGS. WHILE T.C.O.'S MAY NOT BE MOTIVATED BY A PARTICULAR RADICAL CAN POLITICAL OR RELIGIOUS IDEOLOGY, THEY ARE MOTIVATED BY MONEY. AND THEY WILL STOP AT NOTHING TO GET IT. ACCORDING TO A 2011 REPORT PUBLISHED BY THE OBAMA ADMINISTRATION ENTITLED STRATEGY TO COMBAT TRANSNATIONAL ORGANIZED CRIME, T.C.O.'S HAVE DRAMATICALLY RAMPED UP THEIR SIZE, SCOPE, AND INFLUENCE AND EVEN TEAMING UP WITH TERRORIST ORGANIZATIONS AND CORRUPT FOREIGN OFFICIALS TO EXPAND THEIR NETWORKS AND CONCEAL THEIR ILLICIT FINANCIAL ASSETS. THESE T.C.O.'S COST THE WESTERN HEMISPHERE ABOUT 3.5% OF GROSS DOMESTIC PRODUCT ANNUALLY, AND THEY GENERATE FOR THEMSELVES AROUND $870 BILLION, WHICH IS ROUGHLY THE VALUE OF THE WORLD'S LARGEST COMPANY, APPLE. PRESIDENT TRUMP ON FEBRUARY 9, 2017, ISSUED EXECUTIVE ORDER 13773, ON ENFORCING FEDERAL LAW WITH RESPECT TO TRANSNATIONAL CRIMINAL ORGANIZATIONS, AND PREVENTING INTERNATIONAL TRAFFICKING. IT STATES THAT T.C.O.'S IN THE FORM OF TRANSNATIONAL DRUG CARTELS HAVE A STRONGHOLD IN AMERICA AND THREATEN THE SAFETY OF THE AMERICAN PEOPLE. FROM FORMER PRESIDENT OBAMA TO CURRENT PRESIDENT TRUMP, T.C.O.'S ARE RECOGNIZED AS A MAJOR RISK TO NATIONAL SECURITY. . THAT'S WHY I'M PLEASED TO SEE THAT MY FRIEND, DAVID KUSTOFF, HAS INTRODUCED H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. THIS LEGISLATION REQUIRES THE PRESIDENT, TREASURY SECRETARY, FINANCIAL REGULATORS, AND OTHER APPROPRIATE OFFICIALS TO CREATE A NATIONAL CENTRAL GEE TO COMBAT TKS AND THEIR -- NATIONAL STRATEGY TO COMBAT T.C.O.'S AND TO IDENTIFY THE LARGEST THREATS TO THE UNITED STATES. IT INCLUDE THE IDENTIFICATION OF THE PEOPLE OR GROUPS THAT FACILITATE ACCESS FOR THE T.C.O.'S SUCH AS SMUGGLING BULK CASH, EXPLOITATION OF SHELL COMPANIES AND THE USE OF COVERT CRIP TOE CURRENCIES -- CRYPTOCURRENCIES. AND INCLUDE LONG-TERM AND SHORT-TERM GOALS, HOW GOALS WILL BE INTEGRATED INTO EXISTING NATIONAL SECURITY APPARATUSES AND IF NEEDED SUGGEST LEGISLATIVE AND REGULATE CHANGES TO BETTER FIGHT AGAINST T.C.O.'S. THIS BILL PASSED THE COMMITTEE IN JANUARY AND IT'S MY HOPE IT PASSES WITH UNANIMOUS SUPPORT TODAY ON THE HOUSE FLOOR. IN ADDITION TO CONGRESSMAN KUSTOFF, I WANT TO THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR THEIR HARD WORK ON THIS ISSUE. TOGETHER WE CAN IN A BIPARTISAN WAY EMPOWER OUR GOVERNMENT TO BETTER FIGHT TRANSNATIONAL CRIMINAL ORGANIZATIONS, MAKING THE AMERICAN PEOPLE SAFER AND OUR ECONOMY STRONGER. MR. SPEAKER, I URGE MY COLLEAGUES TO VOTE FOR H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT, AND WITH THAT I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:17:33 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM KENTUCKY RESERVES THE BALANCE OF HIS TIME. THE…

                                              THE GENTLEMAN FROM KENTUCKY RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

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                                            • 02:17:38 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 02:17:41 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

                                            • 02:17:43 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. IF EVER THERE IS A TIME FOR DEMOCRATS AND…

                                              THANK YOU, MR. SPEAKER. IF EVER THERE IS A TIME FOR DEMOCRATS AND REPUBLICANS TO COME TOGETHER IN A BIPARTISAN FASHION, IT WOULD BE AROUND THIS ISSUE, AROUND AN ISSUE TO COMBAT THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS. THAT'S WHAT H.R. 4768 WOULD DO. SPECIFICALLY, IT WOULD REQUIRE THE SECRETARY OF TREASURY TO LEAD THE EFFORT IN CONSULTATION WITH OTHER KEY AGENCIES AND DEPARTMENTS AND UPDATE THE STRATEGY TO FIGHT THESE ORGANIZATIONS AT LEAST EVERY TWO YEARS. ADDITIONALLY, THE LEGISLATION REQUIRES THE ADMINISTRATION TO ASSESS THE KEY THREATS, FINANCIAL SUPPORT NETWORKS AND METHODS USED BY CRIMINAL GROUPS TO LAUNDER THE PROCEEDS OF ILLICIT ACTIVITIES. IN PASSING THIS LEGISLATION, WE WILL NOT ONLY BUILD UPON BUT ALSO CEMENT THE IMPORTANCE OF THE INTERAGENCY APPROACH TAKEN BY THE PRIOR ADMINISTRATION IN COMBATING THE IMPACT OF GLOBAL CRIMINAL ENTERPRISES. INDEED, IN 2010, THE OBAMA ADMINISTRATION CONDUCTED A COMPREHENSIVE ASSESSMENT OF ORGANIZED CRIME, THE FIRST SUCH REVIEW THAT HAD TAKEN PLACE SINCE THE MID 1990'S. THE ASSESSMENT CAME TO THE ALARMING CONCLUSION THAT THE THREAT OF GLOBAL CRIMINAL NETWORKS HAD BECOME MORE COMPLEX, VOLATILE AND DESTABILIZING AND THAT SUCH GROUPS WERE PROLIFERATING, STRIKING NEW AND POWERFUL ALLIANCES AND ENGAGING IN A GROWING RANGE OF ILLICIT ACTIVITIES SUCH AS WE'VE NEVER SEEN BEFORE. TO COMBAT THIS GROWING THREAT AND LESSEN ITS IMPACT BOTH DOMESTICALLY AND ON OUR FOREIGN PARTNERS, THE OBAMA ADMINISTRATION IN 2011 ISSUED A COMPREHENSIVE INTERAGENCY STRATEGY THAT IDENTIFIED 56 PRIORITY ACTIONS ACROSS FIVE STRATEGIC OBJECTIVES. ONE OF THESE KEY OBJECTIVES INCLUDED BREAKING THE ECONOMIC POWER OF TRANSNATIONAL CRIMINAL NETWORKS AND PROTECTING STRATEGIC MARKETS AND THE U.S. FINANCIAL SYSTEM FROM PENETRATION AND ABUSE BY TRANSNATIONAL ORGANIZED CRIME. THIS STRATEGIC OBJECTIVE IN PARTICULAR RESONATES WITH ME AS I'VE ALWAYS BELIEVED STRONGLY THAT FOLLOWING THE MONEY AND USING OUR ECONOMIC LEVERAGE IS THE BEST WAY TO COUNTER ILLICIT ACTIVITY. THIS IS ESPECIALLY TRUE IN COUNTERING TRANSNATIONAL CRIMINAL ORGANIZATIONS WHOSE PRIMARY OBJECTIVE IS ECONOMIC GAIN. IN A NUMBER OF WAYS, THIS LEGISLATION BEFORE US WILL ENSURE THAT TREASURY AS WELL AS THE INTELLIGENCE AND BROADER U.S. NATIONAL SECURITY APPARATUS REMAINS FOCUSED ON SOME OF THE EMERGING THREATS POSED BY TRANSNATIONAL ORGANIZED CRIME GROUPS, INCLUDING HUMAN TRAFFICKERS, DRUG TRAFFICKERS AND CYBERCRIMINALS. ADDITIONALLY, THE LEGISLATION EXPLICITLY REQUIRES THE ADMINISTRATION TO EXAMINE HOW SUCH GROUPS EXPLOIT THE USE OF SHELL COMPANIES, MISUSE DIGITAL CURRENCIES AND OTHER CYBERTECHNOLOGIES. I'M ALSO PLEASED WITH THE CONCURRENCE OF THE CHAIRMAN AND THE GENTLEMAN FROM TENNESSEE, MR. KUSTOFF, THE COMMITTEE AGREED TO ADOPT AN AMENDMENT OFFERED BY RANKING MEMBER WATERS THAT SHARPENS THE BILL'S FOCUS ON THE METHODS BY WHICH TRANSNATIONAL ORGANIZED CRIME GROUPS LAUNDER ILLICIT FUNDS USING REAL ESTATE AND OTHER TANGIBLE GOODS SUCH AS ART AND ANTIQUITIES. THESE SIGNIFICANT VULNERABILITIES HAVE BEEN IDENTIFIED AS MAJOR THREATS TO OUR NATIONAL SECURITY AND THE SBEG RIFT OUR FINANCIAL -- INTEGRITY OF OUR FINANCIAL SYSTEM BY A BROAD RANGE OF BIPARTISAN EXPERTS INCLUDING THE FINANCIAL CRIMES ENFORCEMENT NETWORK AND THE FINANCIAL ACTION TASK FORCE. FOR EXAMPLE, JUST LAST YEAR, FINCEN SAID THAT REAL ESTATE TRANSACTIONS AND THE REAL ESTATE MARKET HAVE CERTAIN CHARACTERISTICS THAT MAKE THEM VULNERABLE TO ABUSE BY ILLICIT ACTORS. FOR THESE REASONS AND OTHERS, DRUG TRAFFICKERS, CORRUPT OFFICIALS, AND OTHER CRIMINALS CAN AND HAVE USED REAL ESTATE TO CONCEAL THE EXISTENCE AND ORIGIN OF THEIR ILLICIT FUNDS, END QUOTE. THE ENTITIES AND INDIVIDUALS THAT HAVE SOUGHT TO EXPLOIT REAL ESTATE TO CONCEAL ILLICIT FUNDS INCLUDES IRANIAN BANKS SUBJECT TO U.S. SANCTIONS, RUSSIAN OLIGARCHS AND RUSSIAN ORGANIZED CRIME RINGS AS WELL AS VENEZUELAN OFFICIALS FOUND TO BE ENGAGED IN NARCOTICS TRAFFICKING. THE FACT THAT THESE VULNERABILITIES ARE NOT MERELY THEORETICAL AND HAVE BEEN USED BY A WIDE RANGE OF CRIMINAL GROUPS SHOULD DISTURB ALL OF US. WE ALSO KNOW THAT MONEY LAUNDERING THROUGH THE GLOBAL ART AND AN TECH WITS MARKET IS -- ANTIQUITIES MARKET IS ANOTHER KEY METHOD FOR WASHING ILLICIT FUNDS THAT'S UNDOUBTEDLY BEING EXPLOITED BY TRANSNATIONAL CRIMINAL GROUPS. INDEED, WE KNOW THE LOOTING AND TRAFFICKING IN CULTURAL HERITAGE IS A SOURCE OF REVENUE THAT HAS FUNDED ISIS' HEINOUS ACTIVITIES AND WE KNOW THE OPAQUE CHARACTERISTICS OF THE HIGH END ART MARKET AND THE BASIC ANTI-MONEY LAUNDERING REQUIREMENTS MAKE IT A TARGET FOR ILLICIT FUNDS. SO I'M PLEASED THAT THE MEMBERS OF THIS COMMITTEE WERE ABLE TO AGREE THAT REAL ESTATE AND ART MARKET VULNERABILITIES SHOULD BE GIVEN DUE CONSIDERATION WHEN IT COMES TO TRANSNATIONAL ORGANIZED CRIME. AGAIN, THIS IS ONE OF THOSE SUBJECTS AROUND WHICH BIPARTISANSHIP SHOULD BE ASSUMED. I URGE ALL MEMBERS TO JOIN IN THIS BIPARTISAN EFFORT AND SUPPORT THIS LEGISLATION. I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:23:23 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM MICHIGAN RESERVES THE BALANCE OF HIS TIME. THE…

                                              THE GENTLEMAN FROM MICHIGAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

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                                            • 02:23:28 PM

                                              MR. BARR

                                              MR. SPEAKER, I'M PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM…

                                              MR. SPEAKER, I'M PLEASED TO YIELD FIVE MINUTES TO THE GENTLEMAN FROM TENNESSEE, THE FORMER UNITED STATES ATTORNEY FROM THE WESTERN DISTRICT OF TENNESSEE, WHO HAS BROUGHT CONSIDERABLE PROSECUTORIAL EXPERIENCE IN DRAFTING AND AUTHORING THIS LEGISLATION, A MEMBER OF THE HOUSE FINANCIAL SERVICES COMMITTEE,

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                                            • 02:23:45 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TENNESSEE IS RECOGNIZED FOR FIVE MINUTES.

                                            • 02:23:48 PM

                                              MR. KUSTOFF

                                              THANK YOU, MR. SPEAKER. AND THANK YOU, MR. CHAIRMAN. I RISE TODAY IN…

                                              THANK YOU, MR. SPEAKER. AND THANK YOU, MR. CHAIRMAN. I RISE TODAY IN SUPPORT OF MY BILL, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. ON FEBRUARY 9, 2017, LAST YEAR, PRESIDENT TRUMP ISSUED AN EXECUTIVE ORDER DIRECTING THE FEDERAL GOVERNMENT TO COMBAT INTERNATIONAL DRUG TRAFFICKING. NOW, BEFORE I GO ANY FURTHER, I WANT TO TAKE NOTE THIS EXECUTIVE ORDER WAS ISSUED IN THE THIRD WEEK OF THE TRUMP ADMINISTRATION. THIS EARLY ACTION GIVES US AN IDEA HOW SERIOUSLY WE MUST TAKE THIS ISSUE. THE EXECUTIVE ORDER RECOGNIZES THE ILLEGAL DRUGS ARE POURING INTO OUR COUNTRY AND THEY'RE THREATENING AMERICAN SAFETY PRIMARILY AT THE HANDS OF CARTELS AND OTHER TRANSNATIONAL CRIMINAL ORGANIZATIONS. THESE CRIMINAL ORGANIZATIONS ARE RESPONSIBLE IN LARGE PART FOR THE RISING OPIOID EPIDEMIC SWEEPING ACROSS OUR NATION. TAKE MY DISTRICT OF WEST TENNESSEE WHERE WE CONTINUE TO SEE A RISE IN THE DEATHS CAUSED BY OPIOID OVERDOSES FROM HEROIN TO FENTANYL AND THE MORE POTENT SYNTHETIC OPIOID KNOWN AS CARFENTANIL. WE MUST CONTINUE TO USE EVERY AVAILABLE RESOURCE TO PREVENT THE FURTHER DESTRUCTION OF OUR COMMUNITIES. WE GOT TO SAY ENOUGH IS ENOUGH. THE IMPORTANT LEGISLATION THAT WE'RE DISCUSSING TODAY WILL CREATE A PLAN TO TRACK ILLICIT MONEY CHANNELS AND CUT THEM OFF AT THE SOURCE. SPECIFICALLY, IT DIRECTS THE UNITED STATES TREASURY DEPARTMENT TO DEVELOP A NATIONAL STRATEGY AIMED AT DISRUPTING THESE FINANCIAL CRIMES. THE TREASURY DEPARTMENT WILL WORK HAND IN HAND WITH THE DEPARTMENT OF DEFENSE, THE DEPARTMENT OF HOMELAND SECURITY , THE DEPARTMENT OF JUSTICE, THE STATE DEPARTMENT, AND THE OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE TO PRODUCE A YEARLY REPORT OUTLINING A STRATEGY AND DEALING WAYS THAT THE UNITED STATES -- DETAILING WAYS THAT THE UNITED STATES GOVERNMENT CAN CONTINUE TO PREVENT THESE FINANCIAL CRIMES. FOR FAR TOO LONG, THESE CRIMINAL ORGANIZATIONS HAVE USED ILLILLIS BUSINESS VENTURES TO -- ILLICIT BUSINESS VENTURES TO FURTHER FINANCE THEMSELVES FROM MONEY LAUNDERING TO THE TRAFFICKING OF DRUGS AND HUMAN TRAFFICKING AND WEAPONS TRAFFICKING AND ENDANGERED SPECIES. THE UNITED NATIONS OFFICE ON DRUGS AND CRIMES ESTIMATE THAT THESE CARTELS AND TRANSNATIONAL CRIMINAL ORGANIZATIONS GENERATE NEARLY $870 BILLION A YEAR. THIS MONEY IS USED TO DIRECTLY THREATEN THE SECURITY AND THE PROSPERITY OF THE UNITED STATES OF AMERICA AND OTHER COUNTRIES IN THE WESTERN HEMISPHERE. OUR LEGISLATION IS A CRITICAL STEP IN DISRUPTING THIS ILLICIT FINANCE AND PUTTING AN END TO THE NEEDLESS CRIMES COMMITTED BY CARTELS. AS WE'VE SEEN, THESE ORGANIZATIONS HAVE EVOLVED IN A CONTINUED EFFORT TO EVADE LAW ENFORCEMENT. THEREFORE, IN AN EFFORT TO STAY ONE STEP AHEAD OF THESE BAD ACTORS, WE'VE ALSO GOT TO EVOLVE. THESE TRANSNATIONAL CRIMINAL ORGANIZATIONS HAVE DEVELOPED INTERSTATE NETWORKS TO AND FROM THE BORDER IN WHICH DRUGS COME UP FROM CENTRAL AMERICA AND THE CASH RETURNS BACK TO THE COUNTRY OF ORIGIN. WE SIMPLY CANNOT STAND IDLY BY AS THESE ACTIVITIES CONTINUE. WE MUST KEEP MONEY OUT OF THE HANDS OF THOSE WHO INTEND TO CAUSE HARM TO OUR NATION, AND I THINK THIS LEGISLATION DOES EXACTLY THAT. I GREATLY APPRECIATE THE HARD WORK DONE BY MY COLLEAGUES FROM THE FINANCIAL SERVICES COMMITTEE ON THIS VERY IMPORTANT LEGISLATION. I URGE ALL MY COLLEAGUES TO SUPPORT THIS PASSAGE, AND I THANK YOU VERY MUCH AND AT THIS TIME I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:28:04 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM TENNESSEE YIELDS BACK. THE GENTLEMAN FROM KENTUCKY…

                                              THE GENTLEMAN FROM TENNESSEE YIELDS BACK. THE GENTLEMAN FROM KENTUCKY RESERVES. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

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                                            • 02:28:09 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I NOW YIELD THREE MINUTES TO THE GENTLEWOMAN FROM…

                                              THANK YOU, MR. SPEAKER. I NOW YIELD THREE MINUTES TO THE GENTLEWOMAN FROM ARIZONA, CO-SPONSOR OF THIS LEGISLATION, THE DISTINGUISHED MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MY CLASSMATE, MS. SINEMA.

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                                            • 02:28:22 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN FROM ARIZONA IS RECOGNIZED FOR THREE MINUTES.

                                            • 02:28:25 PM

                                              MS. SINEMA

                                              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4768, THE NATIONAL…

                                              THANK YOU, MR. SPEAKER. I RISE IN SUPPORT OF H.R. 4768, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. MR. SPEAKER, ACCORDING TO THE DRUG ENFORCEMENT ADMINISTRATION'S PHOENIX DIVISION, THE SINALOA CARTEL IS THE BIGGEST, MOST VIOLENT AND NASTIEST ORGANIZATION THREATENING ARIZONANS, EVEN BIGGER THAN MS-13. IT'S A DANGEROUS AND HIGHLY SOPHISTICATED ORGANIZATION. SINALOA SMUGGLES HEROIN AND METHAMPHETAMINE ACROSS THE BORDER INTO ARIZONA AND WITH IT A PATTERN OF CRIME, INTIMIDATION AND ADDICTION THAT RIPS AT THE VERY FABRIC OF OUR COMMUNITIES. ARIZONANS KNOW WE NEED TO BE TOUGH, SMART, AND AGGRESSIVE TO CONFRONT SINALOA AND OTHER CARTELS. OUR BILL CRACKS DOWN ON DRUG CARTELS AND OTHER CRIME SYNDICATES THAT THREATEN ARIZONAN FAMILIES AND OTHER QUALITIES OF LIFE THAT HITS THEM WHERE IT COUNTS, THEIR BANK ACCOUNTS. THEY OBTAIN WEALTH AND POWER THROUGH MONEY LAUNDERING, CYBERCRIME, AND HUMAN, DRUGS AND WEAPONS SMUGGLING. TO STOP THE DRUG CARTELS AND PROTECT ARIZONA FAMILIES, WE NEED A COMPREHENSIVE APPROACH TO CUT OFF THE MONEY THAT FUELS THEIR OPERATIONS. THAT'S WHY CONGRESSMAN KUSTOFF OF TENNESSEE AND I INTRODUCED H.R. 4768. THIS BILL REQUIRES THE ADMINISTRATION TO DEVELOP AND EXECUTE A STRATEGY THAT CUTS OFF FUNDING AND OTHER RESOURCES FOR TRANSNATIONAL CRIMINAL ORGANIZATIONS AND TO ROUTINELY REPORT TO CONGRESS AND THE AMERICAN PEOPLE ON THE STRATEGIES PROCESS. OUR BILL IS A COMMONSENSE SOLUTION THAT PROTECTS ARIZONA FAMILIES, COMMUNITIES, AND BUSINESSES FROM THE THREATS OF TRANSNATIONAL ORGANIZED CRIME. BY FOCUSING ON THE MONEY, WE TAKE A MEANINGFUL STEP IN COMBATING CYBERCRIME, MONEY LAUNDERING, AND DRUG TRAFFICKING AND HUMAN TRAFFICKING AS WELL AS OTHER ISSUES THAT TRANSNATIONAL CRIMINALS BRING TO OUR COMMUNITIES. I THANK CHAIRMAN HENSARLING AND RANKING MEMBER WATERS FOR SUPPORTING THIS IMPORTANT LEGISLATION, AND I'LL CONTINUE WORKING WITH MY COLLEAGUES ACROSS THE AISLE TO KEEP ARIZONA FAMILIES SAFE. THANK YOU, MR. SPEAKER. I YIELD BACK. .

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                                            • 02:30:48 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 02:30:50 PM

                                              MR. BARR

                                              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM PENNSYLVANIA, THE…

                                              I'M PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM PENNSYLVANIA, THE VICE CHAIRMAN OF THE FINANCIAL SERVICES SUBCOMMITTEE ON FINANCIAL INSTITUTIONS, MR. ROTHFUS.

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                                            • 02:30:59 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 02:31:01 PM

                                              MR. ROTHFUS

                                              I THANK THE SPEAKER. I THANK CHAIRMAN BARR FOR YIELDING. I RISE TODAY TO…

                                              I THANK THE SPEAKER. I THANK CHAIRMAN BARR FOR YIELDING. I RISE TODAY TO EXPRESS MY SUPPORT FOR THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO THANK MY COLLEAGUE FOR HIS IMPORTANT WORK ON THIS ISSUE. THEY HAVE BEEN EXAMINING GLOBAL CRIMINAL ORGANIZATIONS AND THE THREAT THEY POSE TO THE UNITED STATES FINANCIAL SYSTEM. THESE SOPHISTICATED AND DANGEROUS ORGANIZATIONS LIKE DRUG CARTELS INCREASINGLY POSE A DIRECT THREAT TO THE SAFETY AND SECURITY OF ALL AMERICANS. THEY HAVE FUELED THE OPIOID CRISIS THAT CONTINUES TO KILL TENS OF THOUSANDS OF AMERICANS EACH YEAR, INCLUDING THE SPREAD OF HUMAN TRAFFICKING AMONG A HOST OF OTHER ILLICIT ACTIVITIES. I WANT TO REMIND MY COLLEAGUES ENTIRE COMMUNITIES ARE STILL PLAGUED BY THIS CRISIS INCLUDING HARD-HIT COMMUNITIES IN WESTERN PENNSYLVANIA. BEYOND THE OPIOID CRISIS I WANT TO HIGHLIGHT AN EXCEPTIONALLY DANGEROUS SITUATION IN WHICH THE UNITED STATES FINDS ITSELF. SOME OF THE CARTELS ARE NOW WORKING DIRECTLY WITH ORGANIZATIONS LIKE HEZBOLLAH, A TERRORIST ORGANIZATION. AS REFLECTED IN THE RECENT "POLITICO" ARTICLE. FORTUNATELY, THE NEW ADMINISTRATION IS TAKING A TOUGHER STANCE NOW WITH THE ANNOUNCEMENT OF A NEWLY CREATED HEZBOLLAH FINANCING AND NARCOTERRORISM TEAM. MR. SPEAKER, IT'S ABOUT TIME AMERICA FOUGHT BACK AGAINST THIS GROWING INTERNATIONAL THREAT AND THIS BILL WILL HELP ENSURE THE GOVERNMENT HAS A STRATEGY TO STAY IN THIS FIGHT. LIVES DEPEND ON IT. I URGE MY COLLEAGUES TO SUPPORT THIS BILL AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:32:40 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

                                            • 02:32:43 PM

                                              MR. KILDEE

                                              I RESERVE.

                                            • 02:32:44 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM KENTUCKY VIRGINIA TECH.

                                            • 02:32:47 PM

                                              MR. BARR

                                              -- THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 02:32:52 PM

                                              MR. BARR

                                              I'M PLEASED TO YIELD -- THREE MINUTES TO THE GENTLEMAN FROM NORTH…

                                              I'M PLEASED TO YIELD -- THREE MINUTES TO THE GENTLEMAN FROM NORTH CAROLINA, A MEMBER OF THE FINANCIAL SERVICES COMMITTEE, MR. BUDD.

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                                            • 02:33:00 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM NORTH CAROLINA IS RECOGNIZED.

                                            • 02:33:05 PM

                                              MR. BUDD

                                              THANK YOU, MR. SPEAKER. I RISE TODAY IN STRONG SUPPORT OF MR. KUSTOFF'S…

                                              THANK YOU, MR. SPEAKER. I RISE TODAY IN STRONG SUPPORT OF MR. KUSTOFF'S BILL, THE NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSACTIONABLE -- TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT. I WANT TO THANK MY FRIEND FOR HIS LEADERSHIP ON THIS IMPORTANT ISSUE, EVEN IF IT DOES HAVE A REALLY, REALLY LONG NAME. I HAVE SEEN FIRSTHAND HOW THESE TRANSNATIONAL DRUG CARTELS CAN DISRUPT CIVIL SOCIETY. IN MY OWN DISTRICT, THE OPIOID EPIDEMIC HAS DESTROYED INNOCENT PEOPLE'S LIVES, INCLUDING KIDS, WHILE TRANSNATIONAL CRIMINAL ORGANIZATIONS OR T.C.O.'S PROFIT ON PEOPLE'S MISERY AND THEIR DEATH. T.C.O.'S HAVE BROUGHT HEROIN TO OUR STREETS AND ALONG WITH IT INCREASED CRIME, PLACING ADDITIONAL BURDENS ON LAW ENFORCEMENT AND LOCAL COMMUNITIES. WE'RE IN CRISIS MODE AND TARGETED STEPS NEED TO BE TAKEN TO ADDRESS THIS EPIDEMIC AT ALL PHASES. WE HAVE TO CRACK DOWN ON THE PUSHER ON THE STREET. WE HAVE TO CRACK DOWN ON THE DRUG CARTELS. WE HAVE TO CRACK DOWN ON THE DRUG COMPANIES THAT HAVE MADE A PROFIT FROM OVERPRESCRIPTION AND FILLING SUSPECT ORDERS. MOST OF ALL, WE HAVE TO CRACK DOWN ON THE INTRY KATE, FACELESS, AND WE HAVE TO CRACK DOWN UNBELIEVABLY COMPLEX CRIMINAL ORGANIZATION THAT IS ALLOWS THE PROFITS FROM THESE ACTIVITIES INTO OUR ECONOMY. WE MUST ERADICATE THE INTERNATIONAL ILLICIT FINANCING NETWORKS THAT ARE THE LINCHPIN OF ANY CRIMINAL ORGANIZATIONS -- ORGANIZATION'S OPERATIONS BUT WE DON'T HAVE A UNIFIED NATIONAL PLAN. THIS COMMITTEE HAS AN OPPORTUNITY TO MAKE A DIFFERENCE BY COMING UP WITH A NATIONAL STRATEGY AND PLAN TO ATTACK TRANSNATIONAL CRIMINAL ORGANIZATIONS'S FINANCES. MR. KUSTOFF'S BILL WOULD DIRECT THE SECRETARY OF TREASURY TO PROVIDE THAT PLAN, A VITAL FIRST STEP TOWARDS ADDRESSING THE CLET POSED BY THE GROWING FIX -- SOPHISTICATEATION OF ILLICIT NETWORKS. PASSING THIS BILL IS AN ADDRESSING THE CLET POSED EFFECTIVE STEP TOWARD A SUSTAINED NATIONAL STRATEGY. THEREFORE, IT IS CRITICAL THAT WE CONTINUE TO MAXIMIZE COOPERATION AMONG FEDERAL DEPARTMENTS TO KEEP OUR POLICIES AHEAD OF THESE TRANSNATIONAL CRIMINALS. I URGE ADOPTION OF MR. KUSTOFF'S TIMELY AND IMPORTANT PIECE OF LEGISLATION. MR. SPEAKER, I YIELD BACK.

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                                            • 02:35:20 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

                                            • 02:35:23 PM

                                              MR. KILDEE

                                            • 02:35:34 PM

                                              BARR

                                              PLCHT BARR: THANK YOU, MR. SPEAKER. AIM PLEASED TO YIELD TWO MINUTES TO…

                                              PLCHT BARR: THANK YOU, MR. SPEAKER. AIM PLEASED TO YIELD TWO MINUTES TO THE GENTLEMAN FROM FLORIDA, MR. GAETZ.

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                                            • 02:35:37 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

                                            • 02:35:40 PM

                                              MR. GAETZ

                                              I THANK THE GENTLEMAN FOR YIELDING. I ALSO THANK THE GENTLEMAN FROM…

                                              I THANK THE GENTLEMAN FOR YIELDING. I ALSO THANK THE GENTLEMAN FROM TENNESSEE FOR INTRODUCING THIS RESPONSIBLE LEGISLATION. MR. SPEAKER, I AM LOOKING FORWARD TO CIRCUMSTANCES WHERE THIS ADMINISTRATION WILL HAVE ADDITIONAL TOOLS TO DEAL WITH TRANSNATIONAL CRIMINAL ORGANIZATIONS, AND I HOPE THAT WE WILL USE THOSE TOOLS TO COUNTER THE THREAT POSED THREAT POSED BY HEZBOLLAH. HEZBOLLAH IS NOT A POLITICAL PARTY, NOT A QUAINT REFLECTION OF HISTORY, IT'S A WEB OF TERRORISTS AND CRIMINALS, AND THAT WEB EXTENDS HERE TO OUR HEMISPHERE. IN FACT, IN 2009, THERE WAS AN ARREST MADE IN PHILADELPHIA WHERE HEZBOLLAH OPERATIVE WERE LOOKING TO MOVE MACHINES GUNS INTO SYRIA. THIS IMPORTANT LEGISLATION WILL HELP US BUILD A PLAN TO LEVERAGE OUR ALLIES, TO LEVERAGE THE ORGANIZATION OF AMERICAN STATES AND OTHER ASSETS SO THAT WE RECOGNIZE THE THREAT THAT HEZBOLLAH AND OTHER TERRORIST ORGANIZATIONS POSE AND SO WE MEET THAT THREAT HEAD-ON. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:36:49 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM MICHIGAN IS RECOGNIZED.

                                            • 02:36:52 PM

                                              MR. KILDEE

                                              THANK YOU, MR. SPEAKER. I'M PREPARED TO CLOSE. OBVIOUSLY AS I SAID…

                                              THANK YOU, MR. SPEAKER. I'M PREPARED TO CLOSE. OBVIOUSLY AS I SAID HEAD-ON. I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:36:56 PM

                                              THE SPEAKER PRO TEMPORE

                                              WE NEED A NATIONAL STRATEGY TO COMBAT THE FINANCING OF TRANSNATIONAL…

                                              WE NEED A NATIONAL STRATEGY TO COMBAT THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS. THIS LEGISLATION REQUIRES SUCH A STRATEGY BE PUT TOGETHER. IT'S AN ISSUE THAT CROSSES VIRTUALLY EVERY PARTISAN OR IDEOLOGICAL LINE. IT'S A LEGISLATION WE CAN EMBRACE AND SUPPORT. I ENCOURAGE MY COLLEAGUES TO DO SO AND YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:37:18 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM KENTUCKY IS RECOGNIZED.

                                            • 02:37:21 PM

                                              MR. BARR

                                              THANK YOU, MR. SPEAKER. I AM PREPARED TO CLOSE AS WELL AND AS I CLOSE I…

                                              THANK YOU, MR. SPEAKER. I AM PREPARED TO CLOSE AS WELL AND AS I CLOSE I WANT TO ONCE AGAIN THANK MY COLLEAGUES FOR SUPPORTING THIS LEGISLATION AND IN PARTICULAR I'D LIKE TO THANK THE GENTLEMAN FROM TENNESSEE, MR. KUSTOFF, FOR HIS LEADERSHIP ON THIS ISSUE. I WOULD NOTE ALSO IN ADDITION TO ALL OF THE MANY SOUND AND PERSUASIVE ARGUMENTS THAT HAVE BEEN OFFERED FOR WHY WE NEED THIS LEGISLATION, THIS NATIONAL STRATEGY FOR COMBATING THE FINANCING OF TRANSNATIONAL CRIMINAL ORGANIZATIONS ACT, THAT THE NATIONAL FRATERNAL ORDER OF POLICE HAS ENDORSED THIS LEGISLATION. AS A MEMBER OF CONGRESS REPRESENTING A STATE THAT HAS BEEN RAVAGED BY HEROIN AND OPIOID ADDICTION, I CAN'T THINK OF A MORE IMPORTANT THING FOR THIS CONGRESS TO DO THAN TO DEVELOP A NATIONAL STRATEGY FOR COMBATING THESE TRANSNATIONAL GANGS THAT ARE PREYING ON OUR COMMUNITIES. ONCE AGAIN I COMMEND MR. KUSTOFF FOR HIS LEADERSHIP IN THIS AREA AND IN THIS EFFORT AND IN THIS FIGHT. I APPLAUD MY COLLEAGUES FOR SUPPORTING THE LEGISLATION ON BOTH SIDES OF THE AISLE. AND AT THIS TIME WE HAVE NO FURTHER REQUESTS FOR TIME AND YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:38:28 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES…

                                              THE GENTLEMAN YIELDS. THE QUESTION IS, WILL THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4768, AS AMENDED. SO MANY AS ARE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 OF THOSE VOTING HAVING RESPONDED IN THE AFFIRMATIVE, THE RULES ARE SUSPENDED, THE BILL IS PASSED, AND WITHOUT OBJECTION THE MOTION TO RECONSIDER IS LAID UPON THE TABLE. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM OREGON SEEK RECOGNITION?

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                                            • 02:39:12 PM

                                              MR. WALDEN

                                              I MOVE THE HOUSE SUSPEND THE RULES AND PASS THE BILL H.R. 4986, AS AMENDED.

                                            • 02:39:17 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE CLERK WILL REPORT THE TITLE OF THE BILL.

                                            • 02:39:19 PM

                                              THE CLERK

                                              H.R. 4986, A BILL TO AMEND THE COMMUNICATIONS ACT OF 1934 TO…

                                              H.R. 4986, A BILL TO AMEND THE COMMUNICATIONS ACT OF 1934 TO RE-AUTHORIZATION APPROPRIATIONS FOR THE FEDERAL COMMUNICATIONS COMMISSION TO PROVIDE FOR CERTAIN PROCEDURAL CHANGES TO THE RULES OF THE COMMISSION, TO MAXIMIZE OPPORTUNITIES FOR PUBLIC PARTICIPATION, AND EFFICIENT DECISIONMAKING, AND FOR OTHER PURPOSES.

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                                            • 02:39:40 PM

                                              TEMPORE PURSUANT

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM OREGON, MR. WALDEN, AND THE…

                                              PURSUANT TO THE RULE, THE GENTLEMAN FROM OREGON, MR. WALDEN, AND THE GENTLEMAN FROM NEW JERSEY, MR. PALLONE, WILL EACH CONTROL 20 MINUTES. THE CHAIR RECOGNIZES THE GENTLEMAN FROM OREGON.

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                                            • 02:39:48 PM

                                              MR. WALDEN

                                              THANK YOU, SIR. I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE…

                                              THANK YOU, SIR. I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND INSERT EXTRANEOUS MATERIALS INTO THE RECORD ON THE BILL, INCLUDING EXCHANGE OF LETTERS BETWEEN THE ENERGY AND COMMERCE COMMITTEE AND THE OVERSIGHT AND GOVERNMENT REFORM AND THE TRANSPORTATION AND INFRASTRUCTURE COMMITTEE THE.

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                                            • 02:40:06 PM

                                              THE SPEAKER PRO TEMPORE

                                              WITHOUT OBJECTION.

                                            • 02:40:08 PM

                                              MR. WALDEN

                                              MR. SPEAKER, I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 02:40:11 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 02:40:13 PM

                                              MR. WALDEN

                                              MR. SPEAKER, I'M PLEASED TODAY THAT THE HOUSE OF REPRESENTATIVES IS TAKING…

                                              MR. SPEAKER, I'M PLEASED TODAY THAT THE HOUSE OF REPRESENTATIVES IS TAKING UP AN IMPORTANT BILL FROM THE HOUSE ENERGY AND COMMERCE COMMITTEE. IT'S TITLED THE REPACKED AIRWAVES, YIELDING BERT ACCESS FOR USERS OF MODERN SERVICES ACT, OR RAY BALM'S ACT. I THANK OUR SUBCOMMITTEE CHAIRMAN, MARSHALL BLACKBURN, FOR HER HARD WORK IN INTRODUCING AND MOVING THIS LEGISLATION FORWARD. BEFORE I GET INTO THE POLICY SIDE, I WANT TO TOUCH ON THE MEANING BEHIND THIS BILL'S TITLE. H.R. 4986 IS A NOD TO OUR DEAR IT FRIEND AND MINE OF 30 YEARS AND THE FORMER STAFF DIRECTOR OF ENERGY AND COMMERCE COMMITTEE, WHO RECENTLY LOST HIS BATTLE WITH CANCER. IT IS A TESTAMENT OF NOT JUST RAY'S DEDICATION TO TELECOM POLICY. HE SERVED AS A PUBLIC UTILITY COMMISSIONER, CHAIRED THE JOINT BOARD WITH THE F.C.C. ON COMMUNICATIONS JUST RAY'S DEDICATION TO ISSUES, AND WAS SUCH A POLICY BRAIN FOR OUR COMMITTEE. BUT ALSO HIS ABILITY TO WORK ACROSS THE AISLE AND WITH ALL LEVELS OF GOVERNMENT OFFICIALS TO GET GOOD THINGS DONE FOR AMERICA. YEARS AGO WHEN I BECAME CHAIRMAN WHAT WAS THEN CALLED THE SUBCOMMITTEE ON TELECOMMUNICATIONS AND INTERNET, RAY AT MY INVITATION, FINALLY AGREED TO COME BACK TO WASHINGTON AND WORK ON THE COMMITTEE. HE HAD SERVED AS A STATE REPRESENTATIVE, AS MAJORITY LEADER OF THE OREGON HOUSE. HAD HE BEEN CHAIRMAN OF THE PUBLIC UTILITY COMMISSION IN OREGON, AND BROUGHT A LOT TO OUR PROCESS AS SENIOR POLICY ADVISOR. IN THE YEARS THAT FOLLOWED, THESE ISSUES REMAIN BOTH A PRIORITY AND PASSION FOR RAY AND I BELIEVE AND HOPE OUR BIPARTISAN WORK TODAY REFLECTS ADMIRABLY THE KIND OF COMMITMENT HE WANTED ALL OF US TO SHARE IN MAKING GOOD PUBLIC POLICY. BY THE WAY, THAT'S RAY RIGHT THERE. FOR THOSE WHO DIDN'T KNOW. THE RAY BALM'S ACT RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION. IT INCLUDES EFFICIENCY AND TRANSPARENCY DIDN'T KNOW. REFORMS FOR THE F.C.C., AND IT SPURS THE DEVELOPMENT OF NEXT GENERATION 5-G TECHNOLOGIES. IT'S GOOD FOR CONSUMERS AND GOOD FOR OUR NATION'S CRITICAL TELECOMMUNICATIONS SERVICES. IMPORTANTLY, THE BILL BEFORE US TODAY IS THE PRODUCT OF A BIPARTISAN AND BICAMERAL AGREEMENT, HOUSE AND SENATE, REPUBLICANS AND DEMOCRATS, CLEARLY MY FRIEND THERE NEW JERSEY, MR. PALLONE, SENATE COMMERCE CHAIRMAN, MR. THUNE, AND THE RANKING MEMBER IN THE SENATE, BILL NELSON. MR. SPEAKER, WE BRING YOU A GOOD PRODUCT TODAY OF SOUND POLICY NAMED FOR A WONDERFUL INDIVIDUAL. WITH THAT I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:42:46 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW…

                                              THE GENTLEMAN RESERVES THE BALANCE OF HIS TIME. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

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                                            • 02:42:51 PM

                                              MR. PALLONE

                                              THANK YOU, MR. SPEAKER. I YIELD MYSELF SUCH TIME AS I MAY CONSUME.

                                            • 02:42:54 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 02:42:56 PM

                                              MR. PALLONE

                                              THANK YOU. I RISE ALSO IN SUPPORT OF H.R. 498 , THE RAY BALM'S ACT. THIS…

                                              THANK YOU. I RISE ALSO IN SUPPORT OF H.R. 498 , THE RAY BALM'S ACT. THIS BILL IS THE PRODUCT OF EXTENSIVE BIPARTISAN COLLABORATION AFTER EXHAUSTIVE NEGOTIATIONS WE WERE ABLE TO REACH A DEAL THAT INCLUDES BILLS INTRODUCED BY DEMOCRATS AND REPUBLICANS IN BOTH THE HOUSE AND SENATE. THAT DOES NOT HAPPEN OFTEN. AND WOULD LIKE TO THANK MY COLLEAGUES FOR WORKING WITH ME SO CLOSELY. THIS BILL IS A REAL TRIB BOUGHT BUTTE TO ITS NAMESAKE, RAY BALM. HAD HE A PASSION FOR TELECOMMUNICATIONS POLICY AND SPECIAL PLACE FOR BROADCASTING. HE WAS ALSO AN ETERNAL OPTIMIST. HE NEVER FALTERED HIS BELIEF WE COULD FIND A WAY TO WORK TOGETHER TO FIND A SOLUTION, HE WAS RIGHT. WE WERE ABLE TO INCORPORATE PROPOSALS FROM MEMBERS ON BOTH SIDES OF THE AISLE JUST THE WAY RAY WOULD HAVE LIKED IT, AND WE WERE ABLE TO PRODUCE THIS LEGISLATION THAT WILL RE-AUTHORIZE THE F.C.C. FOR THE FIRST TIME IN 28 YEARS. I WOULD LIKE TO BRIEFLY MENTION SOME ASPECTS OF THIS BILL THAT I'M MOST PROUD OF. FIRST, WE WERE ABLE TO INCLUDE THE SANDY ACT, WHICH IS NAMED TO HONOR THOSE AFFECTED BY SUPERSTORM SANDY, A STORM THAT RIPPED THROUGH THE NORTHEAST, INCLUDING MY DISTRICT, OVER FIVE YEARS AGO. DURING THAT SUPERSTORM, WE SAW FIRSTHAND HOW IMPORTANT COMMUNICATIONS WERE FOR SURVIVAL. FROM TELEVISION AND RADIO BROADCASTERS TO WIRELESS AGO. DURING THAT PROVIDERS AND CABLE NETWORKS, EACH PLAYED ITS OWN ROLE IN MAKING SURE PEOPLE KNEW HOW TO FIND HELP, LOOK FOR LOVED ONES, AND STAY OUT OF HARM'S WAY. I USED THE LESSONS WE LEARNED FROM SANDY IN WRITING THIS LEGISLATION WHETHER THIS BILL IS SIGNED INTO LAW OUR NETWORKS WILL BE STRONGER, MORE RESILIENT, AND CAPABLE TO SERVE IN AN MESSAGECY. THIS F.C.C. RE-AUTHORIZATION -- MESSAGECY. THIS F.C.C. RE-AUTHORIZATION BILL INCLUDES THE VIEWER PROTECTION ACT. I INTRODUCED THIS ACT TO MAKE SURE NO VIEWER LOSES SIGNAL AS A RESULT OF THE F.C.C.'S INCENTIVE AUCTION. ACCESS TO LOCAL INFORMATION HAS BECOME EVEN MORE IMPORTANT AS THE NUMBER OF NATURAL DISASTERS HAS INCREASED. NOT ONLY DOES THIS BILL HELP ENSURE CONSIRMSE' BROADCAST STATIONS DON'T GO DARK AS PART OF THIS DEAL, WE HAVE AGREED TO PROVIDE $50 MILLION IN FUNDING TO HELP EDUCATE CONSUMERS ABOUT THE TRANSITION. AND THIS FUND SOMETHING CRITICAL TO ENSURE THAT PEOPLE HAVE ACCESS TO INFORMATION ABOUT HOW TO GET THEIR TELEVISIONS TO WORK. . I'D LIKE TO POINT OUT TWO IMPORTANT PROVISIONS THAT WE INCLUDE AS PART OF THE RE-AUTHORIZATION. FIRST, WE INCLUDED A PROVISION THAT MAKES THE F.C.C.'S INSPECTOR GENERAL INDEPENDENT OF THE COMMISSION'S CHAIRMAN. THE IDEA IS CURRENTLY CONDUCTING -- THE I.G. IS CURRENTLY CONDUCTING INVESTIGATIONS, INCLUDING, ONE, WHETHER THE CHAIRMAN IS FAVORING SINCLAIRE BROADCASTING. UNDER CURRENT LAW THESE INVESTIGATIONS ARE BEING CONDUCTED UNDER A CLOUD. THE VERY CHAIRMAN WHO IS UNDER INVESTIGATION CAN RESTRICT THE REVIEW BY FIRING THE INSPECTOR GENERAL OR HIS OR HER STAFF AT ANY TIME. SO BY PASSING THIS BILL WE'RE ENSURING THESE IMPORTANT INVESTIGATIONS CAN CONCLUDE WITHOUT ANY INTERFERENCE. AND FINALLY, I DO NOT NORMALLY SUPPORT UNNECESSARILY CUTTING THE BUDGET OF OUR AGENCIES, BUT IN THIS CASE I'D LIKE TO THANK MY COLLEAGUES FOR AGREEING TO LIMIT THIS CUT TO THE LENGTH OF THIS ADMINISTRATION. THE CURRENT LEADERSHIP OF THE S.E.C. IN MY OPINION HAS PROVEN IT CAN'T TRUST THE -- F.C.C. IN MY OPINION HAS PROVEN IT CAN'T BE TRUSTED. BY LIMITING THE RESOURCES WE PROVIDE FOR THE NEXT THREE YEARS, THIS RE-AUTHORIZATION WILL LIMIT THIS COMMISSION'S POWER, IN MY OPINION, TO DO MORE HARM. AND FOR THESE REASONS AND MANY MORE I URGE MY COLLEAGUES TO SUPPORT THE BIPARTISAN AND BICAMERAL AGREEMENT EMBODIED BY THE RAY BAUM ACT. I'D ALSO LIKE TO THANK THE DEMOCRATIC COMMITTEE STAFF FOR ALL OF THEIR HARD WORK IN GETTING THIS BILL TO THE FLOOR TODAY. AND WITH THAT, MR. SPEAKER, I RESERVE THE BALANCE OF MY TIME.

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                                            • 02:46:59 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN RESERVES. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                                            • 02:47:02 PM

                                              MR. WALDEN

                                              THANK YOU, MR. SPEAKER. AND NOW IT'S MY PRIVILEGE TO RECOGNIZE THE…

                                              THANK YOU, MR. SPEAKER. AND NOW IT'S MY PRIVILEGE TO RECOGNIZE THE GENTLELADY FROM TENNESSEE, WHO HAS BEEN AN INCREDIBLE LEADER ON OUR COMMUNICATIONS ISSUES AT THE ENERGY AND COMMERCE COMMITTEE FOR SOME TIME, MRS. BLACKBURN, FOR THREE MINUTES.

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                                            • 02:47:15 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY IS RECOGNIZED.

                                            • 02:47:17 PM

                                              MRS. BLACKBURN

                                              THANK YOU, MR. CHAIRMAN, FOR THE RECOGNITION. AND THANK YOU FOR YOUR…

                                              THANK YOU, MR. CHAIRMAN, FOR THE RECOGNITION. AND THANK YOU FOR YOUR EFFORTS ON THIS. MR. SPEAKER, IT REALLY IS A PLEASURE TO COME HERE TODAY TO TALK ABOUT THE RAY BAUM ACT. WE HAVE FOR SO LONG TALKED ABOUT THE NEED TO PUSH THIS THROUGH TO COMPLETION ANDRAY SERVED AS OUR STAFF DIRECTOR -- AND RAY SERVED AS OUR STAFF DIRECTOR AND REALLY HELPED OUR COMMITTEE AND SUBCOMMITTEE PUSH THIS FORWARD TO THE POINT WE COULD SAY, YES, WE HAVE THE F.C.C. RE-AUTHORIZATION DONE. AS MR. PALLONE SAID, 28 YEARS SINCE THIS AGENCY HAS BEEN RE-AUTHORIZED, AND IT IS CERTAINLY AN HONOR TO SAY WE HAVE DONE THIS IN RAY'S NAME AND WE HAVE DONE IT IN A BIPARTISAN WAY. THERE ARE SO MANY THINGS THAT ARE INCLUDED IN THIS BILL. AND ONE OF THE PROVISIONS THAT IS IN HERE IS CHAIRMAN WALDEN'S PROVISION OF F.C.C. PROCESS REFORM. MANY TIMES YOU WILL HEAR US TALK ABOUT NEEDING TO BRING SUNLIGHT TO THESE AGENCIES AND BRINGING ORDER AND THE ABILITY FOR CONSTITUENTS AND CITIZENS TO KNOW WHAT IS HAPPENING. WE HAVE THAT INCLUDED IN THIS BILL. WE ALSO HAVE PROVISIONS THAT OUR WHIP, STEVE SCALISE, THE CONSOLIDATED REPORTING ACT, IS INCLUDED IN THIS BILL. WE HAVE PROVISIONS FROM MS. ESHOO AND FROM REPRESENTATIVE ENGEL, AND THESE ARE ALL BIPARTISAN PROVISIONS THAT YOU WILL SEE INCLUDED IN THIS LEGISLATION. MR. JOHNSON HAS A PROVISION THAT IS INCLUDED THAT WILL CHANGE THE WAY THE INSPECTOR GENERAL WORKS IN THIS AGENCY SO THAT HE TRULY IS AN INSPECTOR GENERAL WHO IS INDEPENDENT. SO WE'VE WORKED TOGETHER IN A BIPARTISAN WAY TO DO OUR REPACK WHICH DEALS WITH OUR BROADCASTERS AND OUR SPECTRUM TO HANDLE MOBILE NOW WHICH HAS BEEN A PRIORITY OF THE SENATE THAT COULD NOT GET IT FINISHED. WE HAVE FINISHED THAT PROCESS, AND THEN ALSO THE F.C.C. RE-AUTHORIZATION. SO I EXPRESS MY GRATITUDE TO THE COMMITTEE MEMBERS, BOTH DEMOCRATS AND REPUBLICANS, AND THE STAFF MEMBERS FROM BOTH SIDES OF THE DIEAS TO SAY THANK YOU -- DAIS TO SAY THANK YOU FOR RE-AUTHORIZING THIS AGENCY TO DEAL WITH OUR SPECTRUM REPACK AND TO ADDRESS THE MOBILE NOW CONCERNS. AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:50:00 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                                            • 02:50:03 PM

                                              MR. PALLONE

                                              MR. SPEAKER, I WOULD NOW YIELD TWO MINUTES TO THE RANKING MEMBER OF THE…

                                              MR. SPEAKER, I WOULD NOW YIELD TWO MINUTES TO THE RANKING MEMBER OF THE TELECOMMUNICATIONS SUBCOMMITTEE, MR. DOIL OF PENNSYLVANIA.

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                                            • 02:50:14 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM PENNSYLVANIA IS RECOGNIZED.

                                            • 02:50:16 PM

                                              MR. DOYLE

                                              I THANK THE GENTLEMAN FOR YIELDING. I'D LIKE TO TAKE A MOMENT TO SPEAK IN…

                                              I THANK THE GENTLEMAN FOR YIELDING. I'D LIKE TO TAKE A MOMENT TO SPEAK IN MEMORIAL TO THE LATE RAY BAUM. HE WAS A DEDICATED HUSBAND AND FATHER, THE STAFF DIRECTOR FOR THE MAJORITY ON ENERGY AND COMMERCE COMMITTEE AND A TRUSTED ADVISOR AND FRIEND TO CHAIRMAN WALDEN. WE WERE ALL SADDENED BY HIS PASSING AND I'D LIKE TO EXPRESS OUR CONDOLENCES TO HIS FRIENDS AND FAMILY. THE LEGISLATION BEFORE US TODAY IS THE PRODUCT OF BIPARTISAN AND BICAMERAL COMPROMISE. WHILE IT'S NOT PERFECT, IT REPRESENTS A GOOD-FAITH EFFORT BY RANKING MEMBER PALLONE, CHAIRMAN WALDEN, SENATOR NELSON AND SENATOR THUNE. THIS COMPROMISE INCORPORATES A NUMBER OF DEMOCRATIC PRIORITIES INCLUDING RANKING MEMBER PALLONE'S BURROW PROTECTION ACT AND CONGRESSMAN ESHOO'S DIG ONCE BILL AND A NUMBER OF PROVISION FATHERS OTHER MEMBERS OF OUR COMMITTEE ON CYBERSECURITY, TRIBAL BROADBAND, BROADBAND ACCESS FOR VETERANS AND OTHERS. LIKE RANKING MEMBER PALLONE, I'M ALSO HAPPY TO SEE BIPARTISAN LANGUAGE INCLUDED IN THE BILL WHICH MAKES THE F.C.C.'S INSPECTOR GENERAL AN INDEPENDENT ENTITY. THIS SENDS A STRONG BIPARTISAN, BICAMERAL MESSAGE TO CHAIRMAN PAI THAT HE CANNOT END THE F.C.C. I.G.'S INVESTIGATION INTO COLLUSION BETWEEN HIS OFFICE AND SINCLAIRE BROADCASTING SIMPLY BY FIRING THE CURRENT I.G. THIS REQUIRES CONGRESSIONAL OVERSIGHT AND INVESTIGATION. I'M ALSO HAPPY TO SEE WE HAVE AN AGREEMENT TO PROVIDE THE REMAINDER OF THE FUNDS NECESSARY TO TRANSITION BROADCASTERS AS PART OF THE F.C.C.'S INCENTIVE AUCTION, KEEPING THE PROMISE WE MADE TO THEM THEY WOULD BE HELD HARMLESS. THE AGREEMENT ALSO INCLUDES FUNDS FOR CONSUMER EDUCATION ABOUT THE TRANSITION. IT'S CRITICAL THE PUBLIC BE EDUCATED ABOUT THE UPCOMING REPACK AND UNDERSTAND WHAT, WHEN, AND WHERE AND HOW IT WILL WORK. I LOOK FORWARD TO CONTINUING TO WORK ON THIS LEGISLATION WITH MY COLLEAGUES AS IT MOVES FORWARD AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:52:17 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                                            • 02:52:20 PM

                                              MR. WALDEN

                                              MR. SPEAKER, IT'S NOW MY PRIVILEGE TO RECOGNIZE THE GENTLEMAN FROM NEW…

                                              MR. SPEAKER, IT'S NOW MY PRIVILEGE TO RECOGNIZE THE GENTLEMAN FROM NEW JERSEY, A TALENTED MEMBER OF OUR COMMITTEE, MR. LANCE, FOR A MINUTE.

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                                            • 02:52:26 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                                            • 02:52:29 PM

                                              MR. LANCE

                                              THANK YOU, MR. SPEAKER. I RISE IN STRONG SUPPORT OF THE RAY BAUM ACT WHICH…

                                              THANK YOU, MR. SPEAKER. I RISE IN STRONG SUPPORT OF THE RAY BAUM ACT WHICH RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION FOR THE FIRST TIME IN 28 YEARS. HOW APPROPRIATE THIS CRITICAL LEGISLATION IS NAMED FOR RAY WHO DEDICATED HIS TREMENDOUS PUBLIC SERVICE TO THESE ISSUES AND WHOM WE ALL ADMIRED. THIS COMMITTEE PUTS MORE BIPARTISAN BILLS ON THE PRESIDENT'S DESK THAN ANY COMMITTEE ON CAPITOL HILL. THIS STRENGTHENS THE F.C.C., PROTECTS CONSUMERS AND EXPANDS THE INFORMATION CHANNELS OUR LIVES AND THE ECONOMY NEEDS. I'M PLEASED THIS INCLUDES THE ANTI-SPOOFING ACT, A BILL I WORKED ON WITH CHAIRWOMAN MENG AND CHAIRMAN BARTON. SCAMMERS CALL CONSUMERS USING A FAKE PHONE NUMBER OFTEN PRETENDING TO BE A BANK OR GOVERNMENTAL AGENCIES. MANY GET TO BE DEFRAUDED BY CON ARTISTS AND SCAM ARTISTS. THIS DISGRACEFUL PRACTICE MUST END AND IT WILL BE ENDED IN LARGE PART DUE TO THIS LEGISLATION. I'M PLEASED THIS ENACTS CONSUMER PROTECTIONS LIKE THOSE HE IN THE ANTI-SPOOFING ACT. I URGE A YES VOTE AND YIELD BACK THE BALANCE OF MY TIME.

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                                            • 02:53:45 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN IS RECOGNIZED.

                                            • 02:53:47 PM

                                              MR. PALLONE

                                              THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEWOMAN FROM…

                                              THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES TO THE GENTLEWOMAN FROM CALIFORNIA, MS. MATSUI.

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                                            • 02:53:51 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEWOMAN FROM CALIFORNIA IS RECOGNIZED.

                                            • 02:53:53 PM

                                              MS. MATSUI

                                              THANK YOU, MR. SPEAKER. I'M PLEASED THAT TODAY WE'RE RE-AUTHORIZING THE…

                                              THANK YOU, MR. SPEAKER. I'M PLEASED THAT TODAY WE'RE RE-AUTHORIZING THE FEDERAL COMMUNICATIONS COMMISSION, THE RAY BAUM ACT, WHICH AMONG OTHER THINGS ENSURES OUR LOCAL BROADCASTERS HAVE THE RESOURCES THEY NEED AND WILL DELIVER ADDITIONAL SPECTRUM INTO THE COMMERCIAL MARKETPLACE. SPECTRUM IS THE INVISIBLE INFRASTRUCTURE THAT SUPPORTS OUR WIRELESS ECONOMY. AS A WAY WE DO BUSINESS CONTINUES TO DEPEND ON CONNECTIVITY AND MOBILITY, SPECTRUM WILL BE PART OF EVERYTHING FROM REMOTE HEALTH MONITORING TO PRECISION AGRICULTURE TO PUBLIC SAFETY COMMUNICATIONS AND CONNECTED DEVICES. THAT IS WHY I'M PLEASED THAT THIS PACKAGE INCLUDES SEVERAL OF MY PRIORITIES, INCLUDING MY SPECTRUM AUCTIONS DEPOSITS ACT, WHICH I CO-AUTHORED WITH CONGRESSMAN GUTHRIE. THIS LEGISLATION WILL ENABLE THE F.C.C. TO CONTINUE TO CONDUCT AUCTIONS THAT WILL UNLOCK THE SPECTRUM NECESSARY TO DEPLOY NEXT GENERATION BROADBAND NETWORKS. WITHOUT THIS FIX, AUCTIONS TO DELIVER MORE SPECTRUM INTO THE COMMERCIAL MARKETPLACE MAY BE PUT ON HOLD INDEFINITELY. THIS PACKAGE ALSO INCLUDES MY LEGISLATION TO CREATE A FEDERAL SPECTRUM CHALLENGE PRIZE WHICH WOULD ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION OF INNOVATIVE TECHNOLOGIES TO MAKE SPECTRUM USE MORE EFFICIENT. IT COULD ALSO FACILITATE THE APPLICATION OF EXISTING TECHNOLOGIES, SUCH ONE TO DEVELOP SPECTRUM SHARING MECHANISMS THAT WILL ALLOW THEM TO GET SPECTRUM ON A REAL-TIME BASIS. THIS WILL PROMOTE THE EXPANSION OF CURRENT AND NEXT GENERATION BROADBAND NETWORKS ACROSS AMERICA. IT IS AN IMPORTANT STEP FORWARD, AND I'M PROUD TO SUPPORT ITS PASSAGE. THANK YOU AND I YIELD BACK.

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                                            • 02:55:36 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLELADY YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                                            • 02:55:39 PM

                                              MR. WALDEN

                                              MR. SPEAKER, I'M DELIGHTED TO YIELD A MINUTE TO THE GENTLEMAN FROM…

                                              MR. SPEAKER, I'M DELIGHTED TO YIELD A MINUTE TO THE GENTLEMAN FROM ILLINOIS, ANOTHER GREAT MEMBER OF OUR COMMITTEE, MR. KINZINGER.

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                                            • 02:55:46 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM ILLINOIS IS RECOGNIZED.

                                            • 02:55:48 PM

                                              MR. KINZINGER

                                              I THANK THE GENTLEMAN FOR YIELDING. I SUPPORT RAY BAUM ACT AND IT'S…

                                              I THANK THE GENTLEMAN FOR YIELDING. I SUPPORT RAY BAUM ACT AND IT'S FITTING THIS BILL BE NAMED IN HIS HONOR. THIS RE-AUTHORIZES THE F.C.C. FOR THE FIRST TIME IN 28 YEARS EYE' PROUD OF THE INCLUSION OF TWO -- 28 YEARS. I'M PROUD OF THE INCLUSION OF TWO OF MY BILLS. EXPANDING ACCESS IN RURAL COMMUNITIES BY ALLOWING LICENSED UNUSED SPECTRUM TO BE USED TO SERVE RURAL COMMUNITIES. AND THE OTHER TO REQUIRE VETERANS' ACCESS TO BROADBAND AND PROVIDE RECOMMENDATIONS TO INCREASE ACCESS, ESPECIALLY FOR RURAL AND LOW-INCOME VETERANS. AGAIN, THIS LEGISLATION IS ONE MORE EXAMPLE TO SHOW THE MAJORITY OF THE WORK DONE IN CONGRESS IS BIPARTISAN AND SOMETIMES EVEN BICAMERAL. I THANK THE CHAIRMAN AND EVERYBODY FOR WORKING TOGETHER TO GET THIS DONE. I URGE MY COLLEAGUES TO SUPPORT RAY BAUM'S ACT AND I YIELD BACK.

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                                            • 02:56:53 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED.

                                            • 02:56:56 PM

                                              MR. PALLONE

                                              THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES NOW TO THE GENTLEMAN FROM…

                                              THANK YOU, MR. SPEAKER. I YIELD TWO MINUTES NOW TO THE GENTLEMAN FROM CALIFORNIA, MR. MCNERNEY.

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                                            • 02:57:00 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM CALIFORNIA IS RECOGNIZED.

                                            • 02:57:02 PM

                                              MR. MCNERNEY

                                              I THANK MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE FOR A BIPARTISAN…

                                              I THANK MY COLLEAGUES ON THE OTHER SIDE OF THE AISLE FOR A BIPARTISAN EFFORT HERE. I RISE IN SUPPORT OF H.R. 4986, THE RAY BAUM ACT. THIS BILL WILL HELP ENSURE THE INCENTIVE AUCTION REPACK CAN MOVE FORWARD IN A TIMELY FASHION AND THAT AMERICANS HAVE ACCESS TO THE LOCAL BROADCASTING STATIONS DURING THIS PERIOD OF TIME. ON THE OTHER HAND, I'M VERY PROUD THIS BILL INCLUDES A BIPARTISAN PROVISION THAT CONGRESSMAN KINZINGER AND I WORKED ON. THIS PROVISION WILL MOVE US FORWARD IN CLOSING THE DIGITAL DIVIDE FOR OUR NATION'S VETERANS. ACCESS TO BROADBAND, INTERNET ACCESS SERVICE IS CRITICAL FOR THE MORE THAN 20 MILLION VETERANS ACROSS OUR COUNTRY WITH THE HIGHEST POPULATION OF VETERANS RESIDING IN CALIFORNIA. HAVING A BROADBAND INTERNET CONNECTION HELPS VETERANS. IT HELPS THEM APPLY FOR JOBS MORE EASILY, TO OBTAIN NECESSARY VOCATIONAL TRAINING, TO COMMUNICATE WITH TAMLY AND FRIENDS, TO KEEP UP WITH CURRENT EVENTS, TO ACCESS HEALTH CARE SERVICES AND TO GET IMPORTANT INFORMATION ABOUT THEIR BENEFITS AND MILITARY RECORDS. WITHOUT BROADBAND INTERNET ACCESS, IT'S DIFFICULT TO FULLY PARTICIPATE IN TODAY'S SOCIETY. VETERANS FACE MANY CHALLENGES WHEN THEY RETURN HOME, AND NOT HAVING INTERNET ACCESS MAKES WHAT IS ALREADY AN INCREDIBLY TOUGH TRANSITION PROCESS EVEN HARDER. THIS IS PARTICULARLY LIKELY TO BE THE CASE FOR LOW-INCOME VETERANS AND VETERANS LIVING IN RURAL AREAS. ALTHOUGH WE LACK SPECIFIC DATA ON THE NUMBER OF VETERANS WITH BROADBAND INTERNET ACCESS, WE KNOW THAT AMERICANS WHO LIVE IN RURAL AREAS ARE LESS LIKELY TO BE CONNECTED. THIS IS ALSO THE CASE FOR AMERICANS WHO LIVE AT OR BELOW THE FEDERAL POVERTY LEVEL. WE MUST FIND WAYS TO ENSURE THAT VETERANS, ESPECIALLY THE MORE THAN 1.4 MILLION VETERANS LIVING BELOW THE FEDERAL POVERTY LEVEL, AND THE 5.3 MILLION RESIDING IN RURAL AREAS, WE DON'T WANT THEM TO BE LEFT BEHIND. THIS IS WHY MY PROVISION DIRECTS THE FEDERAL COMMUNICATIONS COMMISSION TO EXAMINE THE CURRENT STATE OF BROADBAND ACCESS FOR VETERANS AND WHAT CAN BE DONE TO INCREASE ACCESS WITH A FOCUS ON LOW-INCOME VETERANS AND VETERANS RESIDING IN RURAL AREAS. THE FINDINGS AND RECOMMENDATIONS FROM THIS REPORT WILL BE IMPORTANT FOR PAVING THE WAY TO GET MORE VETERANS CONNECTED. I URGE MY COLLEAGUES TO VOTE FOR THIS BILL. I THANK MY CHAIRMAN AND MY RANKING MEMBER, AND I YIELD BACK.

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                                            • 02:59:27 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                                            • 02:59:30 PM

                                              MR. WALDEN

                                              THANK YOU, MR. SPEAKER. I NOW YIELD THE GENTLEMAN FROM FLORIDA A MINUTE TO…

                                              THANK YOU, MR. SPEAKER. I NOW YIELD THE GENTLEMAN FROM FLORIDA A MINUTE TO SPEAK ON THIS IMPORTANT LEGISLATION, MR. BILIRAKIS.

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                                            • 02:59:36 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN FROM FLORIDA IS RECOGNIZED.

                                            • 02:59:39 PM

                                              MR. BILIRAKIS

                                              THANK YOU, MR. SPEAKER. THANK YOU, MR. CHAIRMAN. I APPRECIATE IT VERY…

                                              THANK YOU, MR. SPEAKER. THANK YOU, MR. CHAIRMAN. I APPRECIATE IT VERY MUCH. NAMED IN MEMORY OF A HARDWORKING AND HONORABLE MAN, THE RAY BAUM ACT RE-AUTHORIZES THE FEDERAL COMMUNICATIONS COMMISSION FOR THE FIRST TIME IN 28 YEARS, MR. SPEAKER. THIS BILL IS THE RESULT OF A WHOLLY BIPARTISAN PROCESS THAT INCLUDES IMPORTANT PROVISIONS THAT WILL BENEFIT ALL OF OUR COMMUNITIES. THIS INCLUDES FURTHER PROHIBITIONS ON SPOOFING CALLS, REPORTS ON PROMOTING INTERNET ACCESS FOR LOW-INCOME VETERANS, AND IMPROVING 911 CALLER INFORMATION. THE BILL ALSO PROVIDES ADDITIONAL FUNDING FOR THE REPACK PROCESS AND FOSTERS TECHNOLOGY GROWTH BY AUTHORIZING STUDIES ON SPECTRUM AVAILABLE FOR FUTURE AUCTIONS. I APPLAUD THE WORK OF THE SUBCOMMITTEE ON GETTING THIS DONE. THIS BILL WILL TRULY BENEFIT THE INNOVATION AND OUR CONSTITUENTS AND I SUPPORT ITS PASSAGE. I YIELD BACK. THANK YOU.

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                                            • 03:00:45 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE GENTLEMAN FROM NEW JERSEY IS RECOGNIZED. .

                                            • 03:00:48 PM

                                              >>

                                              I YIELD TWO MINUTES TO THE GENTLEMAN FROM IOWA.

                                            • 03:00:56 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED.

                                            • 03:01:00 PM

                                              >>

                                              THANK YOU, MR. SPEAKER, I THANK THE CHAIR AND RANKING MEMBER FOR BRINGING…

                                              THANK YOU, MR. SPEAKER, I THANK THE CHAIR AND RANKING MEMBER FOR BRINGING THIS TO THE FLOOR TODAY. THIS IS A GOOD EXAMPLE OF COMPROMISE. NO ONE GOT EVERYTHING THEY WANT BUD WE WORKED TOGETHER TO FIND COMMON GROUND AND I THINK IT REPRESENTS WHAT WE NEED TO BE DOING MORE OF IN WASHINGTON AND IN THIS BODY AND WHAT PEOPLE IN IOWA WANT TO SEE HAPPEN MORE OFTEN, NAMELY THAT MEMBERS OF CONGRESS COME TOGETHER IN A BIPARTISAN MANNER TO REACH A COMMONSENSE AGREEMENT. BUT TODAY I COME TO THE FLOOR TO TALK ABOUT A PIECE OF LEGISLATION, THE WORLD WIRELESS ACCESS ACT, WHICH I WAS PLEASED TO HELP INTRODUCE AND INCORPORATE INTO THE LARGER F.C.C. RE-AUTHORIZATION ACT AND I WANT TO THANK IN PARTICULAR MY FRIEND MR. COSTELLO FOR WORKING WITH ME ON THIS BIPARTISAN BILL. I ALSO WANT TO THANK MRS. BLACKBURN THE CHAIR OF THE TELECOMMUNICATIONS SUBCOMMITTEE FOR HELPING TO MOVE THIS FORWARD. THIS BILL WHICH I INTRODUCED LAST YEAR WOULD REQUIRE THE F.C.C. TO ESTABLISH STANDARDS FOR COLLECTING WIRELESS COVERAGE DAY TAFMENT

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                                            • 03:02:02 PM

                                              MR. LOEBSACK

                                              EVERYONE AT SOME POINT HAS BEEN DRIVING THROUGH PLACES IN RURAL AMERICA…

                                              EVERYONE AT SOME POINT HAS BEEN DRIVING THROUGH PLACES IN RURAL AMERICA THAT DON'T GET WIRELESS COVERAGE. UNFORTUNATELY, THE MAPS AT THE F.C.C. USES TO TRY TO FIX COVERAGE GAPS ARE OFTEN INADEQUATE. CURRENTLY THE STANDARDS THAT DEFINE HOW WIRELESS COVERAGE IS DETERMINED JUST ARE NOT SUFFICIENT. MEANING THAT COVERAGE MAPS CAN BE INCOMPLETE OR INACCURATE. WITHOUT ACCURATE COVERAGE MAPS, RESOURCES NEEDED TO IMPROVE WIRELESS ACCESS WILL NOT BE DIRECTED TO THE AREAS THAT NEED THE MOST HELP, INCLUDING RURAL AREAS. I'M PLEASED THAT THE ENERGY AN COMMERCE COMMITTEE AGREED TO INCLUDE THIS LEGISLATION, THE RURAL WIRELESS ACT, AS PART OF THE LARGER PROAGE SO WE CAN IMPROVE WIRELESS VOICE AND MOBILE INTERNET SERVICES AND ENSURE THE RESOURCES GO TO THE AREAS THAT NEED IT MOST. IN ORDER TO FIX THE PROBLEM, WE HAVE TO GET THE DATA RIGHT. I'M HOPEFUL THAT PASSAGE OF THE F.C.C. RE-AUTHORIZATION ACT WILL HELP FOLKS IN RURAL AREAS GET THE WIRELESS COVERAGE THEY NEED. I THANK THE RANKING MEMBER FOR THE TIME, I THANK THE CHAIR OF THE COMMITTEE AND RANKING MEMBER OF THE COMMITTEE, AND WITH THAT, I YIELD BACK.

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                                            • 03:03:12 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS BACK. THE GENTLEMAN FROM OREGON IS RECOGNIZED.

                                            • 03:03:15 PM

                                              MR. WALDEN

                                              WITH THIS I'M NOW PLEASED TO RECOGNIZE THE GENTLEMAN FROM OHIO, MR.…

                                              WITH THIS I'M NOW PLEASED TO RECOGNIZE THE GENTLEMAN FROM OHIO, MR. JOHNSON, WHO HAS BEEN A REAL LEADER ON OUR TELECOMMUNICATIONS ISSUES FOR ONE MINUTE.

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                                            • 03:03:26 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN IS RECOGNIZED FOR ONE MINUTE.

                                            • 03:03:29 PM

                                              MR. JOHNSON

                                              THANK YOU, MR. CHAIRMAN. I, TOO, WANT TO ADD MY STRONGEST, DEEPEST…

                                              THANK YOU, MR. CHAIRMAN. I, TOO, WANT TO ADD MY STRONGEST, DEEPEST SYMPATHIES AND CONDOLENCES TORAY BAUM'S FAMILY IN HIS PASSING AND I RISE -- CONDOLENCES TO RAY BALM'S FAMILIENED N HIS PASSING. I RISE TO SUPPORT THIS LEGISLATION, IT PROVIDES TRANSPARENCY AND EFFICIENCY REFORMS INCLUDING LANGUAGE FROM MY BILL, H R. 2636 TO CREATE AN INDEPENDENT INSPECTOR GENERAL FOR THE F.C.C. CURRENTLY THE I.G. IS NOT ONLY APOINTED BY THE CHAIRMAN BUT ALSO REPORTS TO AND IS UNDER GENERAL SUPERVISION OF THE CHAIRMAN OF THE COMMISSION. THIS LEGISLATION WOULD REQUIRE THE PRESIDENT WITH THE ADVICE AND CON STHOVENTE SENATE TO APPOINT THE INSPECTOR GENERAL. IT'S SIMPLY GOOD GOVERNANCE AND A MATTER OF TRANSPARENCY AND ACCOUNTABILITY TO HAVE AN INDEPENDENT I.G. IMPORTANTLY THIS LEGISLATION ALSO CREATES AND AUTHORIZES A BROADCAST REPACK FOUND ADDRESS THE ANTICIPATED SHORTFALL IN RELOCATING BROADCAST WHORS DISPLACED IN THE MOST RECENT SPECTRUM AUCTION. IT IS IMPORTANT TO SUCCESSFULLY RELOCATE BROADCASTERS AND ENSURE AN EFFICIENT AND TIMELY TRANSITION. I URGE MY COLLEAGUES TO SUPPORT THIS TRANSITION TO RE-AUTHORIZE THE F.C.C. AND I YIELD BACK THE BALANCE OF MY TIME.

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                                            • 03:04:52 PM

                                              THE SPEAKER PRO TEMPORE

                                              THE GENTLEMAN YIELDS. THE CHAIR RECOGNIZE THIS IS THE GENTLEMAN FROM NEW…

                                              TH