tv U.S. House Legislative Business CSPAN January 11, 2017 11:59am-2:00pm EST
new york times," and the plan will be repeal and replace obamacare. we're going to have a health care that is far less expensive nd far better. reporter: when you look at all the meetings that you have, do you conceive of making this a program, maybe sitting inside of commerce? my follow-up question, is how soon will we see the program on corporate tax cuts? mr. trump: i was doing individual companies. that's only one company. like we did a good job with carrier. i want to thank united technologies, which owns carrier. but we saved close to 1,000 jobs. and they were gone. and mike pence and his staff helped us a lot. but those -- that was a tough one because they announced a year and a half before they were leaving. it's always tough when they are building a plant.
>> you can see the president of the president-elect's trump's news conference on our website c-span.org. we're leaving it to take live to the u.s. house. first up today in the house, beginning consideration of two bills dealing with regulations from the securities and exchange commission. and the commodity futures trading commission. live house coverage on c-span. the speaker: the house will be in order. the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. dear god, we dwisk you thanks for giving urs -- we give you thanks for giving us another day. as a parent encourages a child or a mentor calls forth the hidden potential of an intern, lord our god, may you bless all
who work as the 1th congress convenes -- 115th congress convenes, especially those new members. remove fear and confusion. wipe away distrust, which only inhibits good judgment and leadership. strengthen the resolve and compassion of all members, that they may serve your people with renewed clarity of vision and refined purpose, that will soon unify this nation and self-discipline and confidence. for you reward the just and their deeds. bless all members this day, o god, and be with them and with us all in every day to come. may all that is done be for your greater honor and glory, amen. the speaker: the chair has examined the journal of the last day's proceedings and announces to the house his approval thereof. pursuant to clause 1 of rule 1 the journal stands approved.
the pledge of allegiance will be led by the gentleman from rhode island, mr. langevin. mr. langevin: i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the speaker: the chair will entertain up to 15 requests for one minute speeches on each side of the aisle. for what purpose does the gentlelady from florida seek recognition? without objection, the entlelady is recognized. ms. ros-lehtinen: mr. speaker, i'd like to congratulate meg, the board of directors, founders, and partners who have rallied behind the great vision of creating the underline. located in my congressional district, the underline is a 10-mile linear park, urban trail that extends from the south
station to the miami river, and that will connect millions of americans across miami-dade county through safe, alternative methods of transportation. mr. speaker, this is an under utilized land below miami's metro rail that has transformative potential for community mobility, positive economic impact, and enhanced quality of life. thanks to the overwhelming collaboration of our south florida community, there are also many new ideas that will be incorporated in creating this vision such as dog parks, yoga programs, street art, and pop-up stores. this saturday, january 14, this recreational space will feature local artists and the public will be able to experience art that inspires and challenges us to be healthy, mobile, and connected. congratulations to meg and to all involved in the underline. thank you, mr. speaker. the speaker pro tempore: the gentlelady yields back. for what purpose does the
gentleman from rhode island seek recognition? mr. cicilline: i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. cicilline: mr. speaker, for almost eight years we have heard about republicans' plans to repeal and replace the affordable care act. during that time the house has voted dozens of times to repeal or defund obamacare. but now as republicans prepare to take control of the white house, it's clear that republicans don't have a plan to replace obamacare. instead they'll repeal and displace millions of hardworking americans. cutting them off from quality affordable health care and making it even harder to get ahead. the republican repeal and displace plan will take away health insurance from 30 million americans. and will increase prescription drug costs, premiums, and out-of-pocket expenses for american families. and it will end health coverage for millions of americans in order to give a huge tax cut to the richest americans. repealing obamacare will also cause a loss of 2.6 million jobs, including 12,100 jobs in my home state.
mr. speaker, let's be clear. the republicans repeal and displace plan is just wrong. it's time for republicans to end this charade, get back to dogget people's work by partnering with democrats to strengthen and improve the affordable care act and stop threatening to impose all these harms on the american people. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise to reaffirm this congress' commitment to america's greatest ally in the middle east, israel. mr. williams: last week the house of representatives voted overwhelmingly to object to the united nations security council anti-israel resolution. house resolution 11 was supported by most democrats and all but four republicans. the house vote was prompted by the obama administration's reduce to use its veto power to shoot down a resolution condemning israeli settlements
much as i wrote in a recent op-ed, this was one-sided that failed to recognize israel is the overwhelm jewish state and fighting for survival every single day. this u.n. resolution will be used to justify the actions of those who want to see israel wiped off the map, i wrote. as i speak, we're still mourning sunday's attack on a group of israeli soldiers that left four dead and more than a dozen injured. mr. speaker, i think most of us can agree that u.s.-israel relations have hit a low point under this administration. when i first ran for congress four years ago, i ran on a seven-point platform that included standing with israel. mr. speaker, i will not waiver in my support for our friend. i hope the incoming administration sets a new tone in re-establishing america's alliance with the jewish state. in god we trust. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from oregon seek recognition? bid, the gentleman is recognized for one minute. -- without objection, the gentleman is recognized for one
minute. mr. blumenauer: the trump press conference makes your head spin, but we have seen that the public's voice does matter. because of public outcry within minutes after the late-night closed meetings, the republican plan to cut independent office of congressional ethics was reversed. because in response to outrage about jeopardizing health care for millions of americans, some republicans now admit that repealing the affordable care act is not quite so simple. and maybe they should come up with a replacement, even if they don't yet know how to do t senate republicans even delayed some of the cabinet confirmation hearings to allow a more orderly review and scrutiny. your voice does matter. the president said last night that change only happens when ordinary people get involved, get engaged, and come together to demand it. obviously these fights are just beginning, but the last 10 days shows that together we can and will protect the values and programs so vital to america.
the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from texas seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. revise and extend. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. smith: mr. speaker, whenever you see climate change in the news, remember the difference between actual data and exaggerated predictions. for example, much coverage was given yesterday to the predictions by u.s. fish and wildlife service that polar bears now face extinction because of climate change. that prediction is contradicted by the evidence. the coal polear bear population has been increasing and is now around 26,000, probably the highest number in many years. climate alarmists want to scare people with extreme predictions. better for americans to look at the scientific evidence and discount the wild tales. climate change has many causes and has occurred throughout the history of the earth. real scientists acknowledge this and are hesitant to make long-range predictions.
the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from rhode island seek recognition? mr. langevin: ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. r. langevin: mr. speaker, it's always difficult in saying goodbye to a member of our hill family. when i was first elected to congress, i saw the chief of staff who could work with me to help lead my team and shape my policy portfolio. someone who knew the hill as well as the legislative process in congress. someone who was smart, strong, and compassionate. someone with instincts, and most importantly someone i could trust. i found all those qualities and so much more in kristen nickelson. as my chief of staff, she's been a trusted confidant, advisor, and true friend. so it is with both sadness and pride that after 16 years in my office i say goodbye to kristen as she leaves the hill to become director of government affairs institute at georgetown
university. kristen's leadership has been essential to me and my entire staff. although we will miss her tremendously, she leaves behind a team that has benefited from her professionalism, passion, humor, and grace under fire. i cannot thank you enough for your service to me and the people of rhode island. congratulations and best wishes. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from arizona seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you, mr. speaker. obamacare has been a disaster for arizonans. my home state of arizona has been hit the hardest. premiums in arizona for many have increased over 100%, and providers have fled the state leaving some counties with one provider and little options for health care insurance. mr. biggs: obamacare must be repealed. in fact, there is no constitutional authority given to the federal government to take over our health care system. these issues are best left to
the states to manage. i'm advocating for complete repeal of obamacare as soon as possible with the transition period no longer than 24 months. the approach i'm suggesting will remove government from between patients and their doctors and our alternative will encourage competition which will lead to lower costs to all americans but in particular arizonans. i remain committed to seeing this happen. thank you, mr. speaker. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from new jersey seek recognition? without objection, the gentleman virginia tech for one minute. mr. sirse: mr. speaker, i rise today to recognize -- mr. sire mr. speaker, i rise today to recognize the union county schools. having come to the united states from cuba as a child. i experienced assimlating into a community first hand. as a representative of one of our nation's most diverse districts, many my constituents experience these challenges every day.
giving immigrants he the tools they need to succeed is not only beneficial to our country, it's sound policy. according to the "wall street journal," union city public schools have become a model for low-income english language learners into the mainstream. with a student body that is 95% hispanic, one of the keys to union city public school success is their english as a second language program and early child program. the programming has become a model for educators in the u.s. and as far away as europe. graduation rates have also increase the by nearly 10% in just two years in the district. mr. speaker, i am proud to represent a school district that has made tremendous tridse in easing the transition of impant youth into our society and become the foundation of success for thousands of children and young adults. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from pennsylvania seek recognition? >> mr. speaker, request
unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. thompson: thank you, mr. speaker. i rise today to commend the efforts of people for life, a nonprofit in erie county, pennsylvania, dedicated to educating and promote right to life causes in northwestern pennsylvania. this organization hosts several events throughout the year to bring together people of the pro-life community, people for life organizing an annual bus trip to participate in the national march for life in washington, d.c. and also hosts its own march for life in erie. for nearly four decades, people for life have hosted a prolife breakfast that highlights the sanctity of human life in all phases and conditions. attendees can hear stories of love, courage, and victory through god's mercy and grace. so i thank people for life for all the work that is done in erie and northwest wern pennsylvania on this topic of great importance. they work to save lives through education and love.
they recognize how sacred each human life is and fully understand the need to protect the most vulnerable. they are a voice for the voiceless and i' deeply grateful for their work. thank you, mr. speaker. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from new york seek recognition? without objection, the gentleman is recognized for one minute. >> mr. speaker, nearly eight years ago western new yorkers watched in horror as continental flight 3407 crashed tragically ending the lives of those onboard. mr. higgins: sense then the families of those lost turned their grief into a fight to strengthen pilot training and flight safety rules. today the families of flight 3407 are in attendance at the cincinnati nomination hearing for the new secretary of transportation. their presence an urgent reminder of the work that congress and the administration and the work that still remains to be done. in 2010, congress passed landmark flight safety legislation with the families of
3407 leading the charge. since then there have been nearly eight years of no fatal commercial crashes on domestic u.s. airlines. now the federal aviation administration re-authorization is on the horizon and we must further strengthen flight safety measures. it is essential that we continue to stand alongside the families of flight 3407 in spite of attempts to roll back pilot training and safety provisions. we must not forget those we lost nearly eight years ago, and do all that is possible to prevent another tragedy of this kind. i yield back the balance of my time. . the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from tennessee seek recognition? >> request permission to address the house for one minute, revise and extend my remarks. the speaker pro tempore: without objection the gentleman is recognized -- the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> some people have expressed concern that president-elect will start a trade war. what they're not admitting or it hasn't occurred to them that we've been in a trade war for
many years and we've been losing. china has followed a china-first policy for years, to their great benefit. while we have sent millions of good jobs to other countries and several million of our young people now can find jobs only in restaurants. with only 4% of the world's population, we buy 21.7% of the world's goods. we used to buy about 25%, but we have more competition around the world now, as most countries are trying to move away from socialism while we sometimingly move toward it. we still have tremendous leverage on trade that we have not used because every country wants desperately into our markets. we need to negotiate trade deals that will create more jobs in this country. we need, mr. speaker, to tell foreign leaders that we want to buy things from them, but they need to start buying from us too. friendship is a two-way street. mr. dunford: i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from texas seek recognition? >> unanimous consent to address the house for one minute, p mr.
speaker. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, members, the congressional budget office estimated that 22 million americans would lose their health insurance if the republican bill from last congress becomes law. mr. green: let's don't make america sick again. there should be no repeal of health reform without the immediate adequate replacement that achieves the same historic goals and coverage ensures people with pre-conditions aren't blocked or priced out of the market, that plans cover a basic set of benefits and consumer protections. repealing the affordable care act without a replacement will cause chaos. millions will lose coverage, the individual market will be in shammables, doctors, hospitals and states will lose billions and comet will be hurt. without health insurance, people are chronic diseases will lose care and become sicker. every major law that congress has passed needs oversight and revision to make sure its effect is intended. congress can amend any law, but doing so in a way that would cause 22 million newly insured people to be without insurance
is wrong. i urge my colleagues to stop working against the health of the american people. we should not be making america sick again. i yield back my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentlewoman from arizona seek recognition -- seek recognition? without objection, the gentlewoman is recognized for one minute. ms. mcsally: mr. speaker, i rise to recognize two southern arizona young women for their achievements and for serving as role models in their communities. macay maine, a senior, and hanna mason, a senior, were recently given the 2016 brilliant, beautiful and bold role model award from the girls rule foundation. the award recognizes only a handful of young women across the state who are making a difference. macay was given the award for her active engagement in the community. she represented her high school as an american legion arizona delegate, an all-american cheerleader and represented her city at the power up team leadership conference. she's a frequent volunteer and hopes to enter public service. hanna has been a selfless leader
for her family and community. the a car accident took life of her father and severely injured her older sister, hanna stepped up to care for her family. she helped her sister through multiple surgeries while continuing to compel at school and remain active in the community. she hopes to enter medical school one day. mr. speaker, i congratulate both macie and hanna for being inspirational role models to their peers and wish them best of luck as they continue to pursue their dreams. i yield back. the speaker pro tempore: the gentlewoman yields back the balance of her time. for what purpose does the gentleman from virginia seek recognition? without objection, the gentleman is recognized for one minute. >> thank you, mr. speaker. mr. speaker, i rise today to honor the memory of colonel howard merit steele jr. he was the epitome of a soldier. he loved his family, his country, his god, the army and west point. he attended a military academy, yale university and the united states military academy. colonel steele fought in korea where he was awarded the silver star for gallantry in action.
mr. beyer: he received the bronze star and after the war was company commander in the third infantry, the old guard, at fort mire, virginia, two tours in vietnam, commander of the 54th infante battalion -- infantry battalion. his awards include three bronze stars, meritorious service medals, three legions of merit, army commendation medal and the vietnam cross of gallantry palm and a number of other service medals. he's survived by his wife, his wife of 65 years, his son, two daughters, and six adoring grandchildren. colonel steele, you led a long, brave, generous life of service to others, a soldier's soldier. your legacy is a growing family who basked in you are your love and a country just and free. mr. speaker, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from south carolina seek reck mission? -- seek recognition? without objection, the gentleman
is recognized for one minute. mr. wilson: mr. speaker, this weekend i was grateful to participate in the stand up the life march and rally in column where a, hosted by the south carolina citizens for life, during a rare snow storm. i appreciate hearing remarks king, a antage list, dedicated pro-life activist. i was also grateful to attend the grand opening of day break, a crisis pregnancy center hosted by director ben ashleman. thank you to lisa van riper, president of the south carolina citizens for life, with holly gattling and brenda, for organizing such a meaningful event. i was grateful to participant as well with bishop robert of chafrlston and the knights of columbus, led by thomas monaghan. pro-life voters have made a difference. with all state-wide officials, both u.s. senators and six u.s. members of congress supporting pro-life initiatives, along with super majorities in the state
house and senate. i was grateful to begin this new congress by being an original co-sponsor of house resolution 354, to provide for a moratorium on federal funding of planned parenthood, which has disgracefully sold baby body parts. in conclusion, god bless our troops and may the president by his actions never forget september 11 and the global war on terrorism. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from new jersey seek recognition? without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise today for my first statement from the house floor, honored and humbled to serve as a representative from new jersey's fifth congressional district. i vow to work tirelessly on their behalf. we're tired of washington's partisanship and i will work across the aisle whenever possible to get things done. new jersey families an businesses are struggling with high taxes and not seeing good return on investment for the hard-earned tax dollars they send to washington each year. mr. gottheimer: i'll work to bring those dollars home. to fight domestic terror, deal
with opiate abuse, improve our schools and fix our crumbling roads and bridges. i'm work to bring good paying jobs back to new jersey and keep them there, lower taxes, cut wasteful spending and unnecessary regulations and ensure every tax dollar is used wisely. i'll stand up for new jersey values, ensuring that women, minorities and the lgbt community are always treated with respect, have the backs of our veterans, law enforcement, firefighters and all first responders, i'll stand with israel, ensure our children have clean drinking water, stand up for equal pay and a woman's right to choose. because working together, when i work for everyone in the district, i believe that our best days will always be ahead of us. thank you, mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from kansas seek recognition? without objection, the gentleman is recognized for one minute. mr. yoder: mr. speaker, i rise today in recognition of law enforcement appreciation day. which was observed this week in honor of the countless contributions men and women in uniform have made to keep our
communities safe and secure. this year's observance was difficult for our kansas community. over the last year, three police officers in my district made the ultimate sacrifice while in the line of duty. brad lancaster, dave milton of kansas city, and brandon collins of overland park, each lost their lives while protecting our community. law enforcement appreciation day is a day to remember them. and to honor the men and women who remain in the field each day, keeping our children and families safe. they are the ones who run into danger when others run away. they are the true heroes and we should always regard them as such. it's also a day to honor the united states capitol police that keep congress, our staff, our visitors in this very chamber safe. let us never forget the service and sacrifice of our law enforcement officers and let us continue to honor them with the grat tied and respect -- gratitude and respect they deserve. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from michigan seek recognition? without objection, the gentleman
is recognized for one minute. mr. kildee: thank you, mr. speaker. last night president obama delivered his farewell address to the nation. today i rise to thank president obama for his steady and his strong leadership over the past eight years. he has served this nation with dignity, with purpose, and helped us achieve some important successes during his tenure. when he took office, this country was on the brink of a depression. facing a financial crisis unlike anything we've experienced. and he's helped to put us on the right track. rebuilding the american auto industry, steady private sector job growth. we know we have a lot left to do, as he said last night. but he's given us the opportunity and the tools to continue that good work. no country, no nation and certainly no government is dependent on any single individual and as he said, it is
up to all of us, not just those of us in congress or in public office, but all citizens to continue to work together to create the great society that we're all committed to. but it would be a mistake to not take this moment to thank that individual, to thank president obama, for the clarity of his moral leadership, for his grace and his class. we owe him a great debt of gratitude. i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from california seek recognition? without objection, the gentleman is recognized for one minute. mr. mcnerney: mr. speaker, i rise to continue a series of cool one-minute science topic. today i will speak about science, space, innovations in the field of water. previously, conflicts over water resource management have reduced agricultural productivity and distracted farmers with lawsuits and litigation. researchers at the university of illinois have developed an
online system for farmers to trade groundwater pumping rights . the national science foundation funded research resulted in the creation of a new company, mammoth trading, which allows farmers to manage their landses and water rights to improve environmental conditions, improve resource allocation, and increase efficiency. these innovations demonstrate the power of science to increase productivity and positively influence the market. congress should continue to encourage this type of ingenuity and innovation through r&d science funding. mr. speaker, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from colorado seek recognition? without objection, the gentleman is recognized for one minute. mr. polis: today i'd like to talk about a constituent in my district, jackie dixon mars. jackie's an entrepreneur. she. she owns a historic store front. she's the only woman who owns commercial space in the enabled. she runs a gallery featuring the
work of local artisans, actively supporting jobs and contributing to our community. jackie was also a competitive long distance runner in 1972. she won the first woman-only road race in new york and she continues to run. finally, she has a pace maker. he suffers from cardio myopathy. while the doctor gave her only two years to live, she's exceeded that prognosis by three decades, but her health depends on replacing her pace maker every seven to eight years. jackie's one of countless americans whom insurance through the affordable care act is literally a matter of life or death. she says she pace a lot for her -- pays a lot for her coverage, about $700 a month, but she's excited to pay it, because before the affordable care act, she had no coverage at all. when i asked jackie what message she wanted me to share with my colleagues in congress, she made clear that she should share the message that her situation is not unique. we need to act to make sure that people like yak -- jackie
continue to have health care coverage, rather than ending the provisions of the affordable care act that they rely on. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from washington seek recognition? >> mr. speaker, by direction of the committee on rules, i call up house resolution 40 and ask for its immediate consideration. the speaker pro tempore: the clerk will report the resolution. the clerk: house calendar number 3. house resolution 40. resolved. upon adoption of this resolution, the speaker may declare the house resolved into the committee of the whole house on the state of the union for consideration of the bill, h.r. 78. to improve the consideration by the securities and exchange commission of costs and benefits of its regulations and orders. the first reading of the bill shall be dispensed with. all points of order against consideration of the bill are waived. general debate shall be confined to the bill and shall not exceed one hour, equally divided and controlled by the chair and ranking minority member of the committee on financial services,
or their respective designees. after general debate, the bill shall be considered for amendment under the five-minute rule. the bill shall be considered as read. all points of order against provisions in the bill are waived. no amendment to the bill shall be in order except those printed in part a of the report of the committee on rules accompanying this resolution. each such amendment a may be offered only in the order printed in the report, may be offered only by a member designated in the report, shall be considered as read. shall be debatable for the time specified in the report, equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the house or in the committee of the whole. all points of order against such amendments are waived. at the conclusion of consideration of the bill for amendment, the committee shall rise and report the bill to the house with such amendments as may have been adopted. the previous question shall be considered as ordered on the bill and amendments thereto to
final passage, without intervening motion except one motion to recommit with or without instructions. . section 2, at any time after adoption of this resolution, the speaker may pursuant to clause 2-b of rule 18, declare the house resolved into the committee of the whole house on the state of the union for consideration of the bill h.r. 238, to re-authorize the commodity futures trading ommission. to bert protect to bert protect futures customers. to provide end users with market certainty. to make basic reforms to ensure transparency and accountability at the commission. to help farmers, ranchers, and low -- end users manage risks to help keep consumer costs low, and for other purposes. the first reading of the bill shall be dispensed with. all points of order against consideration of the bill are waived. general debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the majority leader and the minority leader or their respective designees.
after general debate, the bill shall be considered for med under the five-minute rule. it shall in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of rules committee print 115-2. that amendment in the nature of a substitute shall be considered as read. all points of order against that amendment in the nature of a substitute are waived. no amendment to that amendment in the nature of a substitute shall be in order except those printed in part b of the report of the committee on rules accompanying this resolution. each such amendment may be offered only in the order printed in the report, may be offered only by a member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question in the house or in the committee of the whole. all points of order against such
amendments are waived. at the conclusion of consideration of the bill for amendment, the committee shall rise and report the bill to the house with such amendments as may have been adopted. any member may demand a separate vote in the oust on any amendment adopted in the committee of the whole to the bill or to the amendment in the nature of a substitute made in order as original text. the previous question shall be considered as ordered on the bill and amendments to the to final passage without intervening motion except one motion to recommit with or without instructions. section 3, on any legislative day during the period from january 16, 2017, through january 20, 20167, -- 2017, a, the journal of the proceedings of the previous day shall be considered as approved. and b, the chair may at any time declare the house adjourned to meet at a date and time within the limits of clause 4, section 5, article 1 of the constitution to be announced by the chair
and-n declaring the adjournment. section 4, speaker may appoint members to perform the duties of the chair for the duration of the period addressed by section 3 of this resolution as though under clause 8-a of rule 1. section 5, it shall be in order at any time on the legislative day of january 13, 2017, for the speaker to entertain motions that the house suspend the rules as though under clause 1 of rule 15. the speaker or his designee shall consult with the minority leader or her designee on the designation of any matter for consideration pursuant to the section. the speaker pro tempore: the gentleman from washington is recognized for one hour. mr. newhouse: mr. speaker, during consideration of this resolution, all time yielded is for the purpose of debate only. i now yield the customary 30 minutes to the gentleman from colorado, my good friend, mr. polis, pending which i yield myself such time as i may consume. it the speaker pro tempore: the
gentleman is recognized. mr. newhouse: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and . tend their remarks the speaker pro tempore: without objection. mr. newhouse: mr. speaker, on tuesday, the rules committee met and reported a rule, house resolution 40, 40, providing for consideration of two important pieces of legislation. h.r. 238, the commodity end user lief act, and h.r. 78, the s.e.c. regulatory accountability act. the rule provides for consideration of these measures under a structured rule and makes in order every amendment submitted to the house rules committee including all five democratic amendments to h.r. 78, as well as all eight amendments submitted for h.r. 238, allowing for a balanced debate on these very substantial issues. h.r. 238 is essential to the smooth functioning of the
american economy. and is long overdue for enactment into law. this important legislation re-authorizes until 2021, the commodity futures trading commission, also known as the cftc, which had its statutory authority lapse in 2013. the house passed the commodity end user relief act with bipartisan support in the 114 congress and a similar bill was also adopted in the 113th congress, establishing a strong record of bipartisan support for this measure. unfortunately, in both instances the senate failed to take up the legislation before the end of their respective congress, which is why it is imperative that we pass this bill through both chambers and send it to the president's desk. after the financial crisis of 2008, practically everyone agreed that changes needed to be
made to our financial service sector in order to protect families, farmers, small businesses, and our economy, as well as to prevent another crisis in the future. like many of my colleagues, i have concerns with some of the reforms that were instituted in response to the crisis because they have put overly burdensome restrictions and regulations on our economy and our business community. but like every major comprehensive law, there are always unintended consequences that need to be addressed, and h.r. 238 does exactly that. for example, the authors of dodd-frank argued the law's main purpose was to reduce systemic risk to our economy. however, i don't think anyone would argue that farmers who are simply trying to lock in a good price for their corn or their wheat are a systemic risk to the economy.
similarly, restaurant chains looking to make sure that they have enough beef, enough pork, or enough potatos to sell to their customers don't pose a systemic risk. just as utility companies seeking to ensure that they have adequate power supplies to meet the needs and demands of their ratepayers, did not cause the financial crisis. unfortunately, the current law imposes rules that treat all of these entities as major risks to our economy. and imposes overly burdensome capital and paperwork requirements on them. mr. speaker, critics may claim that this bill undermines consumer protections, however this couldn't be further from the truth. title 1 of the legislation puts in place greater consumer protections, like requiring brokerage firms, to notify investors before moving funds from one account to another in order to prevent abuses like
those that occurred at m.f. global prior to its bankruptcy. title 2, makes reforms to the cftc and strengthens the cost benefit analysis the commission must perform when considering the impacts of its rules. opponents have claimed that requiring cost benefit analysis will open up the cftc to lawsuits. however, h.r. 238 merely gives the cftc a standard for writing good rules the first time which will be a benefit for all of us. title 3 provides relief to the farmers, the restaurants, the manufacturers, the utilities, and other entities who rely on a steady supply of commodities, an inherently want to avoid risk but have been caught up in the unintended consequences of the dodd-frank reforms. these users have a genuine need to use markets to hedge against bad weather, natural disasters,
inflation, price shocks, and other unforeseen circumstances that could jeopardize their ability to serve their customers. the rule also provides for consideration of h.r. 78, the s.e.c. regulatory accountability act. this legislation replaces guidance adopted by the s.e.c. in 2012 that currently governs the use of economic analysis in s.e.c. rule makings, and requires the s.e.c. to identify and assess the significants of problems prior to regulating. it directs the agency to conduct a review of existing regulations within one year of enactment, and then every five years thereafter to determine the sufficiency, the effectiveness, and the burdens associated with their implementation. further, h.r. 78 instructs the s.e.c.'s chief economist to conduct a cost benefit analysis
on regulations the agency is promulgating, as well as to provide an explanation describing the s.e.c.'s decisionmaking process, including the implications of not taking regulatory action. economic analysis is a cornerstone of prudent rule making and entails evaluating the qualitative and quantitative costs and benefits of proposed regulations. as well as potential alternatives in order to determine the correct action an agency should take. we must ensure federal regulators are thoroughly assessing both the need for regulation and adequately evaluating its potential consequences, intended as well as unintended, to prevent small businesses and job creators from being unnecessarily burdened by onerous federal regulations.
mr. speaker, this is a good straightforward rule allowing for consideration of two bills that will hold federal agencies and their rule making processes accountable to the american people. voters sent a clear message in november that they want a federal government that is smaller, less intrusive, and more discerning in its regulatory actions. house republicans created our better way agenda. by listening to americans about the ideas for -- their ideas for our nation and the new unified republican government will continue our work to change the status quo and provide real progress for all americans. adoptions of this rule and the passage of the underlying bills is yet another opportunity to show that we heard this message loud and clear and we will reinforce our commitment to restoring the people's voice in our federal government. i am proud to support the rule
and providing for consideration of these measures, and i urge my colleagues to support the rule and the underlying bill. thank you. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the chair will receive a message. the messenger: mr. speaker, a message from the president of the united states. the secretary: mr. speaker. the speaker pro tempore: mr. secretary. the secretary: i am directed by the president of the united states to deliver to the house of representatives a message in writing. the speaker pro tempore: the gentleman from colorado is recognized. mr. polis: thank you. i thank the gentleman for the customary 30 minutes. i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. polis: mr. speaker, i rise in opposition to the rule and the underlying bill. i want to start by again mentioning the fact that we have before us under this rule h.r. 238, commodity end user relief act, and h.r. 78, s.e.c. regulatory accountability act. i'll talk about them in a minute. but 56 members of this body that
are new members had no chance to participate in marking up these bills in their committee of jurisdiction. again, what that means is fully formed bills from a prior congress that had, sure, i'm back and mr. newhouse is back, but 56 people in that congress that ended in december are not here now. and there are 56 new people. so again a regular order process would allow these bills to go through committee and have ideas from democrats and republicans who represent collectively tens of millions of people of this country be able to participate in improving these bills. we do not allow t these bills just appeared fait accompli in the rules committee yesterday. here we're in the floor. nobody -- none of the new members had a chance this their committees to offer them. in fact, not sure where the republicans are in their process, but democrats are still finalizing our committee assignments. we have some of them and the rest will be completed shortly.
but for congress to work well, we need to have regular order. and for regular order to work, we need to make sure that the 56 new members who represent tens of millions of people, are not disenfranchised in this process. h.r. 238 commodities and user relief act has been brought to the floor even before the agricultural committee convened or held its organizing meeting, and roo authorizes the commodities future trading commission through 2021, makes a lot of changes to internal operations and modifies a number of provisions that were designed to prevent financial meltdowns. . additionally it includes language on issues that the consumer financial protection bureau has already addressed through its own efforts. i'm sorry, the commodities future trading commission. for example, the commodities future trading commission has acted on 16 of 22 provisions in title 1 and 3.
particularly many of us are concerned by the cross-border language in the bill which would undercut efforts already under way by the commission to negotiate an international system of safe and robust derivative rules. h.r. 238 would actually require the commodities future trading commission to create a rule that would automatically allow u.s. banks and foreign banks conducting business in the u.s. to do so under the rules imposed by foreign jurisdictions. which can be substantially different than those of our own. removing confidence in the marketplace is needed for commodity to market to work. final lip, as you know, congress pass -- finally, as you know, congress passed a number of reforms to enable regulators to respond quickly to changing markets. the provisions in title it 2 would weaken -- title 2 would weaken the cftc's ability to respond in a timely and effective manner. the financial services industry continues to innovate. it's important that regulators keep pace and prevevent systemic risk, bailouts. this bill would make it harder
to do that. an example of how the commission is engaged with and talking about innovation is how to fully embrace emerging technologies like block chain and decentralized distribution letters. they're doing that because many financial firms are focusing on how to incorporate this technology into their business models. therefore it's imperative the commission is given the ability to stay involved and understand the implications of new technology innovations and is not hamstrung by this overly prescriptive law. the commission does need re-authorization and i would love the opportunity to work with my colleagues on the other side to do so. it should be done in a thoughtful, bipartisan manner that gives the agency the ability it needs to effectively look at incredibly complicated financial transactions, make sure consumers and users of commodities to hedge their risk are not abused in the process. we do not want to hamstring the agency by unnecessary and counterproductive requirements as this bill does. the other bill, h.r. 7, the s.e.c. regulatory accountability act, also is brought forward by
the -- brought forward. this bill wasn't considered by the house last congress, installed in the financial services committee. so you actually have a bill that didn't even clear committee last congress. i was complaining about how the 56 members that are now this body didn't have a chance to put their imprint on the first bill. the second bill didn't even go -- make it through the financial services committee and didn't even pass the house floor last session. and yet here it is. without the appropriate committee consideration, depriving new members representing tens of millions of americans, democratic and republican, the ability to improve this bill. under the guise of regulation changes, h.r. 7 would actually require the s.e.c. -- 78 would actually require the s.e.c. to conduct enhanced benefit analysis to make sure benefits of their regulation justify the cost. in effect, the bill directs the f.c.c. to look at things like market liquidity of small businesses, which of course it already does, as part of its
economic analysis. again, a bill that would bury the s.e.c. in regulatory paperwork. h.r. 78's cost-benefit analysis is weighted toward helping large financial institutions save money. i support reducing costs for financial institutions who wouldn't, but that's not the primary drive of a regulatory structure. we should consumers and our systemic risk first and foremost. of course where we can, reduce the unnecessary costs for our financial institutions in the hope that those would be passed along to those they serve. i therefore oppose both of these bills, i oppose the rule that limits the opportunity for members to offer amendments to these two pieces of legislation. i oppose this process that disenfranchises our new members and i reserve the balance of my time. is the speaker pro tempore: the gentleman reserves the balance of his time. for what purpose does the gentleman from washington seek recognition? mr. newhouse: mr. speaker, first of all, for -- i'd like to ask to be included in the record of this morning's proceedings, i
just received a letter this morning, i think as did my colleague, mr. polis, from over two dozen agricultural groups and associations located throughout the country. i'd like -- in support, unanimous support of h.r. 238. in fact, if i could read from the letter just one sentence. it says, thank you in advance for your support of this bill. that is so important to u.s. farmers, ranchers, hedgers and futures customers. it's signed by, like i said, over two dozen organizations. the speaker pro tempore: without objection. mr. newhouse: thank you, mr. speaker. also, in response to just one of the points that my colleague brought up, you know, in the first two weeks of this 115th congress, the speaker, as well as the chairman of the rules committee, mr. sessions, has provided opportunity for all members to appear before the rules committee, has invited all members to submit amendments. in fact, i can gladly say and happily say that every amendment submitted on these two bills has been accepted if they were
proven to be germane. in fact, one of the arguments made by my good friend is that the freshmen have not had an opportunity to weigh in on these two petions of legislation. actually -- pieces of legislation. actually, the young freshman from maryland had an amendment brought forward and was accepted to bring it for consideration on the floor. i thank -- i think the arguments fall hollow that members have not had an opportunity to be heard. at this point i'd like to allow or offer the good chairman of the agriculture committee, mr. conaway from the state of texas, five minutes. the speaker pro tempore: the gentleman from texas is recognized for five minutes. mr. conaway: thank you, mr. speaker. i want to thank mr. gnu house for yielding time -- mr. newhouse for yielding time. i rise in support of the rule for the commodity end users relief act. i want to start by thank building newhouse, chairman sessions and the entire rules committee for the time and work that they spent preparing this rule. i appreciate the committee's time and attention and interest in the work of the ag committee.
i'm especially gratified by the support of my push to authorize all of the unauthorized agencies and programs under our committee's jurisdiction. last congress we came very close, but we fell one agency short. the commodities futures trading commission ended the year as it began. unauthorized. the commission in fact has not been re-authorized since october, 2013, and since that time, the house of representatives has voted twice to fix that problem. the most recent effort was in june of 2015. tomorrow, if we pass h.r. 238, it will be the third time this house has done its work on the oversight business. under this rule, we have the opportunity to pick up where we left off and resume the house's debate on the commodity end user relief act. the text of h.r. 238 is identical to the legislation passed by this house last congress, except for four changes. first, we include a specific annual spending authorization level. it is set at the same level as
last year's appropriation. this ensures compliance with the majority leader's floor protocols on both specific authorization levels and discretionary cut-go. next, two sections were removed because they were already signed into law. finally, we removed a section that required the commission to report to congress on the status of a pending border trade registration application. that application's been approved, so there's no longer a reason for the commission to comply with that language. other than those four changes, the text of h.r. 238 includes every word passed by this house last congress, including amendments offered by mr. gallego to encourage diversity in the office of chief economist, as well as mr. takai, information security vulnerabilities. this bill does not just re-authorize the cftc. it also makes important process reforms and targeted changes that help main street businesses continue to access the risk management tools they need to serve their customers.
over the past four years, ex cue me, 4 1/2 years -- excuse me, 4 1/2 years, the house committee on agriculture has held almost two dozen hearings examining the commission and investigating the impacts that the dodd-frank act has had on drisktives markets. what we found is -- derivatives markets. what we found is that some of the rules have had unintended consequences for farmers and ranchers, manufacturers and other businesses who use these markets to protect themselves from uncertainty. our witnesses, many of whom are market participants, struggling to comply with burdensome rules and ambiguous portions of the underlying statute, were consistent in their call for relief. to address their concerns, h.r. 238 makes reforms that fall into three broad categories. customer protections, mission reforms and end user relief. the commodity end user relief act does not roll back any of the key reforms made under dodd-frank. what is done, however, is allow congress to keep its promise to main street, america, main street, excuse me, did not cause the financial crisis, so main
street should not have to pay for it. they shouldn't have to pay for it with new fees, they should not have to pay for it in new compliance obligations, they should not have to pay for it in higher transactions cost and they should not have to pay for it at last opportunities to -- lost opportunities to manage their business risk. i would like to close by thanking chairman scott and ranking member david scott for doing much of the heavy lifting on the committee's issues. the two of them got deep into the weeds on the financial reform. i would also like to thank mr. lucas, who has s the sponsor e meritus of this bill. much of the bipartisan work he did remains in this bill. with that, i urge adoption of this rule and support of all of the amendments that were made in order. i want to thank mr. newhouse and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from washington reserves. and the gentleman from colorado is recognized. mr. polis: mr. speaker, when we defeat the previous question, i'll offer an amendment to the rule to bring up regslation that would require the president --
legislation that would require the president and the vice president of the united states, their spouses, independent children, to disclose and divest any personal financial holdings that could create a conflict of interest by placing them in a blind trust. this has been standard for previous presidents and this legislation ensures that that precedent continues. in today's news conference moments ago, president-elect trump said that he did not plan to follow with precedent and place his assets in a blind trust and would continue his direct ownership interest in them. president-elect trump has refused to release his tax returns, refused to resolve conflicts of interest related to his business dealings, the american people expect the president to do what's best for the country, not what's best for his business or his pocket. mr. speaker, i ask unanimous consent to insert the text of the amendment in the record along with extraneous material immediately prior to the vote on the previous question. the speaker pro tempore: without objection. mr. polis: to discuss our
proposal, i yield five minutes to the distinguished gentlewoman from massachusetts, the lead sponsor of the bill, that i'm proud to co-sponsor, ms. clark. the speaker pro tempore: the gentlewoman is recognized for five minutes. ms. clark: thank you, mr. speaker. i rise today to urge my colleagues to vote no on the previous question so we can bring up the presidential conflicts of interest act. mr. speaker, american families are worried. over the last month, i have been flooded with messages from my constituents who were anxious about the direction of our country. never before has our country incoming to ask an president if he's motivated by service to his country or if he's motivated by personal enrichment. never before have we had a president-elect who will act as both landlord and tenant of a publicly owned property being used for private profit. never before have we had the
same people who are running a president's businesses also act as official advisors and agents. never has a president-elect owed millions of dollars of debt to foreign banks. the next administration will shape how our tax a dollars are spent, who the federal government does business with, and the integrity of america's standing in the global economy. every president in modern history has taken voluntary steps to ensure his financial interests do not conflict with the needs of the american people. yet the current president-elect refuses to place his assets and his businesses in a blind trust. the american people are left wondering whether their president-elect will work in their best interest, or to line his own pockets.
mr. speaker, this is unprecedented. there should be no question about whether the administration will put the needs of americans first. there's nothing partisan about transparency and accountability that comes with being the leader of the free world. that's why we should all support the presidential conflicts of interest act. this bill strengthens transparency in the oval office and guarantees that the needs of the american people will never compete with or be beholden to a president's financial interests. this bill ensures that the president and vice president's assets are placed in a certified blind trust. the bill also requires presidential appointees to recuse themselves from matters involving the president's financial conflicts of interest. every president in recent history from president johnson
to president obama has voluntarily used some form of blind trust or placed their assets in an investment vehicle over which they had no control. our bill simply aligns the president-elect and future presidents with this long-held practice. the american people are counting on our leadership. every democrat and every republican should want to eliminate uncertainty and promote transparency and accountability in the executive branch. . i ask my colleagues to vote no on the previous question so we can bring this urgently needed legislation to the floor. thank you and i yield back. the speaker pro tempore: the gentlewoman from massachusetts yields back. the gentleman from colorado reserves, and the gentleman from washington is recognized. mr. newhouse: mr. speaker, while i applaud mr. polis' optimism and enthusiasm about defeating the previous question, getting back to the
debate on the rule, i have no further speakers and would reserve my time. the speaker pro tempore: the gentleman from washington reserves. the gentleman from colorado is recognized. mr. polis: i'm prepared to close as well. i yield myself the balance of the time. the speaker pro tempore: the gentleman is recognized. mr. polis: i just want to emphasize how important it is that we do defeat the previous question. there are so many questions that have been raised. not only is it in keeping with long-standing precedent for the president to divest but it's more important than ever that has a complex web of assets nationally and internationally, which are writhe with conflicts of interest for the incoming administration. i truly hope we can act in a bipartisan way to defeat the previous question and bring forward ms. clark's simple, straight faord bill. it affects -- straightforward bill. it affects future presidents, democratic and republican, and it's a very simple common sense
piece of legislation saying they will divest and place their assets in a blind trust, something that is important for both the appearance of propriety as well as for the sake of propriety. and yet instead of focusing on legislation to investigating foreign powers undermining our recent election, instead of focusing on preventing conflicts of interest for the incoming administration, instead of focusing on legislation that would create jobs, reduce our deficit, improve upon health care, instead we have partisan legislation that hasn't gone through regular order, leaving tens of thousands of americans on the sideline. the congress passed lots of legislation the last congress. it's not that we should skip the committee process because there are 56 new members that should have their chance to put their imprint on the legs. the way they are bringing bills
to the floor ignores the concerns of the american public, ignores the pressing issues related to the incoming president. we have this window of time on the outgoing president to send a bill to his desk to require disclosure and divestment to the new president but that window is rapidly closing. we will only have president obama in the white house for another week, so time is running short. if we act now and defeat the previous question, hopefully the senate will act within a few days. we can get the bill to president obama, but the timeline is very, very short to do this. i do not expect that mr. trump would sign a bill that put additional requirements on himself, although he will still perhaps change that bill to affect future presidents because it seems to be done. it's kind of shocking we rely on precedence rather than law in this area. i urge my colleagues to vote no and defeat the previous question so i can bring forward ms. clark's bill as my amendment. i urge my colleagues to vote no on the rule. i urge my colleagues to vote no on the underlying bill, and i
yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from washington is recognized. mr. newhouse: mr. speaker, i certainly appreciate the discussion over the past few minutes. i believe that this rule and the underlying rule -- bills are strong measures that are important to the future of our country. this rule provides for ample debate on the floor, the opportunity to consider and vote on both h.r. 238 and h.r. 78 as well as every amendment that was submitted to the house rules committee, which reflects the balanced, open and deliberate process afforded by this rule. h.r. 238 is a solid, substantial measure that will address several critical issues that the crths and end users are -- cfts and end users are facing and re-authorizing the commission through 2021. while some opponents have called for an open rule, this structured rule makes all eight submitted amendments in order.
mr. speaker, no one wants to see complete deregulation of our financial services industry and our commodities and derivatives markets. however, it's critical that regulations put in place are appropriate for our economy and our users. these rules have to provide safeguards and prevent systemic risk but should not hinder our entire economy with the one-size-fits-all regulations. as we've discussed today the current rules place compliance and burdens on small businesses, on farmers and on ranchers, utilities and manufacturers. they take these small, risk-adverse entities and place them under the same regulatory scheme as large financial institutions and hedge funds. h.r. 238 will differentiate and exempt the end users who are not a cause of systemic risk.
as these entities inherently want to avoid risk and thus shouldn't be subjected to the same rules and requirements as financial and investment firms that are less risk adverse in nature. the commodity end user relief act would make much-needed reforms at the cfts to strengthen their rulemaking process and add commonsense consumer protections so these regulations are not a continual burden on our nation's farmers and small businesses. mr. speaker, the rule also provides for consideration of h.r. 78 under a structured rule and makes all five democratic amendments in order. this legislation takes important steps to engrain a stronger commitment to economic analysis at the s.e.c., which will facilitate the promulgation of reasonable rules that do not unduly burden registered companies or negatively impact job creation.
the measure will increase transparency and oversight while facilitating additional analysis and reviews of existing regulations, which should be something that all members of this body can support. as elected representatives, i believe we must ensure our regulatory framework is not politicized and that federal regulators are thoroughly assessing both the need for the regulation as well as adequately evaluating its potential consequences. this bill takes important steps towards achieving all of these goals. it is important to remember that the financial crisis was not caused by the farmer who grows the food you eat for dinner or by the utility you buy electricity from or the people who provide the wood in your desk or the metal used in your car. i don't know of any reason why we should continue to treat them as if they were responsible, which is what the current law does and it's what
h.r. 238 seeks to correct. further, better informing the american people of the true impact of major regulations does nothing to diminish the ability of regulators to adequately address illegal or inappropriate activities but rather increases transparency and the efficacy of federal rules, which is why passage of h.r. 78 is so critical, both to our constituents and to our economy. mr. speaker, this is a strong rule that provides for open and fair consideration of these vital pieces of legislation as well as every amendment that was submitted to the house rules committee. i'm proud to speak in favor of this rule, and i urge all my colleagues to support house resolution 40 and both of the underlying bills and with that, mr. speaker, i'll yield back the balance of my time and move the previous question on the resolution. the speaker pro tempore: the
gentleman yields back. the question is on ordering the previous question on the resolution. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. mr. polis: mr. speaker, on that i request the yeas and nays. the speaker pro tempore: 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 y electronic device. pursuant to clause 8 and clause 9 of rule 20, this 15-minute vote on ordering the previous question will be followed by five-minute votes on agreeing to the resolution, if ordered, and suspending the rules and passing house resolution 39. 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
the speaker pro tempore: on this vote the yeas are 232 and the nays 168. the previous question is ordered. the question is on adoption of the resolution. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. mr. polis: mr. speaker, on that i request a recorded vote. the speaker pro tempore: a recorded vote is requested. those favoring a recorded vote will rise. a sufficient number having arisen, a recorded vote is 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.]
the speaker pro tempore: on this vote the yeas are 233, the nays are 170. the resolution is adopted. without objection, the motion to reconsider is laid on the table. the unfinished business is the vote on the motion of the gentleman from texas, mr. hurd, to suspend the rules and pass h.r. 39, on which the yeas and nays are ordered. the clerk will report the title of the bill. the clerk: h.r. 39, a bill to amend title 5, united states code, to codify the presidential innovation fellows program and for other purposes. the speaker pro tempore: the question is will the house
suspend the rules and pass the bill. 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.]
the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? mr. goodlatte: mr. speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks and include extraneous materials on h.r. 5. the speaker pro tempore: without objection. mr. goodlatte: mr. speaker, i ask general leave for -- the speaker pro tempore: the entleman will suspend. pursuant to house resolution 33 and rule 18, the chair declares the house in the committee of the whole house on the state of the union for the consideration of h.r. 5. the chair appoints the gentleman from illinois to preside over he committee of the whole.
the chair: the house is in the committee of the whole on the state of the union for consideration of h.r. 5, which the clerk will report by title. the clerk: a bill to reform the process by which federal agencies analyze and formulate new regulations and guidance documents to clarify the nature of judicial review of agency interpretations, to ensure complete analysis of potential impacts on small entities of rules, and for other purposes. the chair: pursuant to the rule, the bill is considered read the first time. the gentleman from virginia, mr. goodlatte, and the gentleman from michigan, mr. conyers, each will control 30 minutes. the chair recognizes the gentleman from virginia. the gentleman will suspend. he committee will be in order.
the chair recognizes the gentleman from virginia. mr. goodlatte: mr. chairman, i yield myself such time as i may consume. mr. chairman, it's a new day in america. for eight years, the obama administration has brought us one thing in response to the nation's need for recovery from hard times. failure. bold, innovative measures to unleash american freedom, opportunity and resourcefulness could have brought prosperity's return after the great recession. just as under ronald reagan following his era's recession. but the obama administration responded differently. with measure after overreaching measure, through regulation and taxes and spending. it was consumed by the followy of trying to force transformation -- folly of trying to force transformation from the american people -- through the american people from command and control through washington. it sought to choose the winners and losers.
mr. chairman, the house is not in order. the chair: the gentleman is correct. the committee will be in order. please take your conversations off the floor. the gentleman is recognized. mr. goodlatte: when washington tries to choose the winners and losers, we all lose. and lose we have. we have a national debt of $20 trillion. thanks to the outgoing -out istration's blow spending. we have an economy that for eight years has failed to produce enough good, new, full-time jobs to sustain growth and restore dignity to the unemployed. we have 92 million americans outside the work force, a level not seen since the carter years, and nearly $2 trillion of american wealth is commandeering each year to be spent as washington bureaucrats see fit through runaway regulation. but it is a new day in america. an incoming administration promises a new approach to make
america great again. central to that approach is regulatory reform. the obama administration abused regulation to force its will on the american people. the assembling trump administration promises to wipe out abusive regulation, freeing americans to innovate and prosper once more. today's legislation will give this new administration the tools. the heart of today's bill, the regulatory accountability act, title 1, restores to the people the true right to be heard by washington's regulators. and it commands washington bureaucrats to listen to the facts and ideas offered by the people and to follow them when they are better than the bureaucracy's own. it calls on regulatory agencies to achieve the benefits congress has called on them through statutes to achieve. but it gives the people full opportunities to offer fresh alternatives for doing so and to vet with the agencies the facts and ideas that work and those
that don't. after the public has fully contributed its say, agencies must choose the lowest cost alternative proven to work. achieving the needed benefits but rejecting unneeded costs. and that leaves resources free to generate the benefits, create the jobs and yield the higher wages, only the private sector, through hard work and ingenuity, can achieve. the other titles of the bill strongly buttress this reform. title 2, the separation of powers restoration act, wipes out judicial deference to agency interpretations of statutes and regulations and restores to our system of checks and balances the rule justice marshall declared in marbury vs. madison. that it is emphatically the province and duty of the judicial department to say what the law is. not the bureaucracy. when title 2 is law, our courts will no more be rubberstamps for
runaway regulatory interpretations that burst the bounds of what congress truly intended through statutes. title 3, the small business regulatory flexibility improvements act, provides teeth to existing law written to prompt regulatory agencies to tailor flexibility for small businesses into their rules. small businesses have fewer resources to comply with washington's mandates. they need flexibility to survive. but the terms of existing law for too long have been ignored by washington bureaucrats. title 3 assures the law will no longer be ignored. resulting in freedom and flexibility for america's small businesses, which create the lion share of new jobs in this country and are pillars of communities across this land. title 4 prevents one of the most egregious of bureaucrats' regulatory abuses. the promulgation of new rules that oppose over -- impose over $1 billion in annual compliance costs, which must then be
complied with, even while meritorious litigation challenging their issuance proceeds in court. title 4, the review act, eliminates this abuse, forcing agencies to stay their billion-dollar rules administratively if they are timely challenged in court. and in titles 5 and 6 of the bill, the alert act and the providing accountability through transparency act, this legislation delivers much-needed greater transparency for the public about what new regulations agencies are developing and proposing. where they can better prepare to comment on what is proposed, shape what is promulgated, and comply with final rules. with the help of these reforms, we can truly make america more competitive again, put americans back to work, and free america's entrepreneurs to innovate and launch more exciting new products and services. again, i thank my colleagues, small business committee chairman chabot, subcommittee
chairman marino, representative ratcliffe, and representative luetkemeyer, who have joined me in contributing titles to this legislation. i urge all of my colleagues to support this bill and reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentleman from michigan is recognized. mr. conyers: mr. chairman, i yield myself such time as i may consume. and i rise in opposition, of course, to h.r. 5. the so-called regulatory accountability act. under the guise of improving the regulatory process, h.r. 5 will in truth undermine that process and jeopardize the ability of government agencies to safeguard public health and safety, the environment, workplace safety and consumer financial protections.
it's not a pleasant picture. the ways in which this legislation accomplishes this result are almost too numerous to list here. but of course i will mention a few. for example, title 1 of the bill would impose more than 70 new analytical requirements that will add years to the rulemaking process. is that what we want to do? i don't think so. worse yet, many of these new requirements are intended to facilitate the ability of regulated entities such as well-funded corporate interests to intervene and derail regulatory protections they oppose. and it would function as a super mandate, overriding critical