Vote the presiding officer are there any senators wishing to vote or change their vote . On this the vote the yeas are 53, the nays are 40. The nomination is agreed to and confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates actions. The clerk will report the motion to invoke cloture. The clerk cloture motion, we, the undersigned senators, in accordance with the provisions of rule 22, do hereby bring to a close debate on the nomination of Lawrence Vandyke, of nevada, to be United States circuit judge for the ninth circuit. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is, is it the sense of the senate that debate on the nomination of Lawrence Vandyke, of nevada, to be United States circuit judge for the ninth circuit shall be brought to a close . The yeas and nays are mandatory under the rule. The clerk will call the rol
Gaveltogavel coverage of the u. S. House. Members will begin work on an bill. R trading live now to coverage of the u. S. House here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father con rye. Chaplain conroy let us pray. God of wisdom, we give you thanks for giving us another day. Prior to the great compromise, Benjamin Franklin addressed the constitutional convention. Quote, we indeed seem to feel our own want of political wisdom since we have been running about in search of it. This situation of this assembly, groping, as it were, in the dark, to find political truth and scarce able to distinguish it when presented to us, have we now forgotten our powerful friend . Lord, you are the powerful friend referred to by franklin and we turn again to you to ask that your wisdom might break through the political discussions of these days. Bless the members of the peoples house and all of congress with the insight and foresight to
Future. And the Nonpartisan Congressional Budget Office has told us that the houses proposal will not generate sustainability of Pension Plans or the sustainability of the pbgc. So we better not spend time on something the Congressional Budget Office just isnt going to bring a solution and definitely not a longterm solution. In contrast, the proposal that senator alexander and i are releasing today addresses the immediate needs of the few multiemployer plans facing immediate crisis in a manner that protects participant benefits and also ensures a sustainable multiemployer Pension System for the long haul. And it does this all in a fiscally responsible way. Our proposal is not a giveaway to corporations or to unions, and its a better deal for the taxpayers at the same time than a future that even with a larger problem and a pbgc funding needs that will almost surely be met with a taxpayer bailout. All participants in the system would make a sacrifice. Let me make that clear. All partici
[captions Copyright National cable satellite corp. 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] we will be back here tomorrow morning at 7 00 a. M. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore the house will be in order o. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. October 18, 2019. I hereby appoint the honorable jode neguse to act as sprothe on this day. Signed, nancy pelosi, speaker of the house of representatives. The speaker pro tempore the prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God our father,
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks