Transcripts For CSPAN U.S. House Of Representatives U.S. Hou

CSPAN U.S. House Of Representatives U.S. House Of Representatives July 13, 2024

Teacher or a veteran or someone who puts their life at risk every day that we might be free. Help us to find time to assist the families of military personnel and time to pray for the safety of their loved ones. Help us to find time to see the needs and the gifts and the worth of others. O lord, help us to find time to be your hands and your feet in a world that desperately needs love. In jesus name, amen. The speaker pro tempore thank you, pastor. The chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, thejournal stands approved. Pledge of allegiance will be led by the gentleman from New Hampshire, mr. Pappas. Papadopoulos mr. Pappas of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The speaker pro tempore under rule 20, the chair announces to the house that in light of the passing of the maryland, mr. Cummings, the whole number of the house is 432. Without objection, the gentleman alabama, mr. Brooks, is recognized for one minute. Brooks mr. Speaker, its a great privilege to welcome phil waldrep to the house of representatives to chaplain. Odays guest everend waldrep was born near decatur and began preaching when he was 14 years old. Bachelor of science degree from the university of alabama and completed seminary at Luther Seminary in cal georgia. Through his ministries, reverend ardrep connects with audiences of all ages and sizes with a ense of humor, powerful illustrations and scriptural insight. A frequent speaker at some of the largest churches and has televan list 1975. Angelist since he is also an author. Do i do now, and the grandparent factor five ways. And his wife have two husbands whose actively work in the ministries. Mr. Speaker, i yield back. The speaker pro tempore the yields back. The chair will entertain up to 15 further requests for speeches on each side of the aisle. For what purpose does the gentleman from New Hampshire seek recognition . Without objection, the gentleman minute. Gnized for one mr. Pappas thank you, mr. Speaker. I rise in support of individuals across New Hampshire and the ountry who are struggling to afford the skyrocketing cost of prescription drugs. Cross my district, i hear from individuals each and every day about the significant burden and tentty caused by the exosh cost of these exorbitant cost prescriptions. Thats why i introduced the advancing enrollment and cost act, along with representative tonko. This is in addition to h. R. 3, cus now of ug 2019 cost now of 2019. This legislation will automatically enroll individuals in part d subsidy program, known help, when they have aged out of medicaid expansion. We must continue to ensure that access to this earned benefit without having to navigate what can be a complicated process. Arrive at the pharmacy counter, they shouldnt have to worry whether they can needd the medications they to live with health and with dignity. This legislation is a step toward addressing this injustice i urge my colleagues to continue to support efforts to prescription t of drugs in a bipartisan fashion and pass this legislation. Thank you and i yield back. The speaker pro tempore the gentleman yields back. For what purpose does the gentleman from pennsylvania seek recognition . Mr. Thompson mr. Speaker, request unanimous consent to address the house for one minute and to revise and extend my remarks. Withoutker pro tempore objection, the gentleman is recognized for one minute. Mr. Thompson thank you, mr. Speaker. Today to r, i rise recognize october as National Farm to school month. Farm to School Network is an organization that strives to strengthen the nations ip our schools have with fresh, Healthy Foods from local farms. The farm to School Movement focuses on agriculture education schools. Even encourages learning opportunities through school ardens, cooking lessons, and farm field trips to Better Connect students with where their food comes from. Spurs Market Opportunities for local farmers and ranchers. Food is nd nutritious important in all stages of life, for our cularly nations young people. In some unfortunate cases, the eals that students receive at school may be the only time they eat during the day. What important that we do we can to ensure schools have the resources they need to delicious dents with and nutritious options. Thank you, mr. Speaker. Back the balance of my time. The speaker pro tempore the gentleman yields back. For what purpose does the gentleman from pennsylvania seek recognition . Request unanimous consent to address the house for one minute. The speaker pro tempore without objection, the gentleman is recognized. Thank you, mr. Speaker. Rise to say this americans extortion, g from prices. Ting high drug between 2013 and 2016, 67 of to file cans who had for bankruptcy did so because of enormous medical expenses. Unacceptable. Last year in my home state of ennsylvania alone, one in four individuals had to forgo medical are so they could pay rent or put food on table. Thats not a choice we can in to have cious allow to make. Mr. Cartwright i rise in drug price he lower act, h. R. 3, it takes bold lower drug prices for all americans. On behalf of the families who pricing d deserve drug reform, i urge my colleagues on oth sides of the aisle to ensure swift passage of this landmark critical legislation. Back. D the speaker pro tempore the gentleman yields back. For what purpose does the gentleman from kentucky seek recognition . I ask unanimous consent to address the house for one minute and to revise and extend my remarks. The speaker pro tempore without the gentleman is recognized. I rise today to pay tribute remarkable life led by my riend and former pastor, dr. Copus. He passed away on friday, ctober 4, having lived an extraordinary life of 80 years. He will live on in the memories the privilege to know him. For me, his influence lives on my he memory of his role in salvation. Of luther rice seminary, dr. Copus oversaw a ministry expanding not only the commonwealth of kentucky but also the bred of the nation bredth of the nation. Comer his greatest passion was his family whose and devotion he cherished and returned in kind. Glenda, of 62 years, his daughter and son as well as his five grandchildren ndoubtedly consider themselves lucky to have had such an figure in their life, such as i do. He was a force in the first ongressional district of kentucky and his example and vision will be missed. I yield back. The speaker pro tempore the gentleman yields back. For what purpose does the gentlewoman from new york seek recognition . Without objection, the gentlelady is recognized for one minute. Mrs. Maloney mr. Speaker, for years, our countrys prosperity was broadly shared. The difference between rich and poor wasnt too big. Grew, most onomy americans benefited. The saying was that a rising lifts all ships. But today, income inequality is highest level in nearly a century. He top 1 take home about 20 of all income. But this story is not being told indicators, like g. D. P. Or slowells us how fast our economys growing, but not how that growth is spread across income levels. Im working to change that. The joint economic committee, serve as vice chair, had to propose is week to track inequality. These new measures are included measuringslation, the real Income Growth act. Nder my bill, g. D. P. Growth will be analyzed by income level. It will tell us who the economy for and who is left behind. And it will help us craft to start reducing inequality. Does ising tide really lift all boats. I yield back. The speaker pro tempore the yields back. For what purpose does the gentleman from illinois seek recognition . Ask unanimous i consent to address the house for one minute and to revise and extend my remarks. The speaker pro tempore the gentleman is recognized for one minute. Davis mr. Speaker, this is a tough one today. I rise to remember sheriff wes october 1. Ssed away he was a beloved member of the Springfield Community who his law many through enforcement career and charity work. Wess story is one of true american spirit. Former john jay Housing Project in springfield until he was 13. Graduating from southeast high school, wes enlisted in the United States marine corps and served as a e correctional officer before he began his career in law enforcement. Served as an officer in eventually several his one serving his one term, share with you, from sheriff. Es and his wife, sherry, are known for their hearts and charity work. Met ears and where i first wes was when he led the local drive, getting gifts for children in need. Others before himself. He lived to serve others. Es had a compassion for people and a determination to give back to his community. Ords cannot describe how much he will be missed. The thoughts and prayers of the on and i are with entire Central Illinois community and especially his ife, sherry, during this difficult time. Yield back. The speaker pro tempore the gentleman yields back. For what purpose does the gentleman from florida 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. I rise to honor a great american, world war ii veteran class ed diaz. Diaz, a native of new york, 1944, ed in the navy in and was subsequently assigned to he u. S. S. Columbus heavy cruiser. During world war ii, he served in the South Pacific and articipated in operation roads end, a campaign in which 24 japanese submarines were sunk and which led to the final of japans submarine fleet. Mr. Spano diaz was discharged continued to but reserve for aaval decade. A promotion relocated him to the 15. Rt of floridas district he served with hazelton pumps. First class ed diaz humbly served this country in hours. The darkest he looked evil in the eye and he stood up to it in the name of democracy and freedom. Mr. Diaz, for your service and dedication. You showed us how to live and nation a tate and better future. Today, i salute you. I yield back. 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 and to revise and my remarks. The speaker pro tempore without objection, the gentleman is recognized for one minute. Thank you, mr. Speaker. Today to congratulate the i. S. D. Schools in receiving the national p. T. A. Chool of excellence designation. This Recognition Program created Parentteacher Association works to celebrate the partnership between p. T. A. s across this great land. Plano i. S. D. Is setting an ncredible example with a current p. T. A. Membership of more than 16,000 parents. With the help of their p. T. A. s, plano i. S. D. Is ultivating crucial relationships between parents, teachers and the surrounded community. Dedication to improving the learning environment for tudents in and outside the classroom serves as a crucial reminder of the volunteerism and its role in shaping a community. Colleagues to join me in congratulating these 13 plano. T. A. s on their success of putting students first and championing a quality education. I yield back. The speaker pro tempore for what purpose does the gentleman from pennsylvania seek recognition . Ask unanimous consent to address the house for one minute and to revise and extend my remarks. The speaker pro tempore without objection. The gentleman is recognized for one minute. Thank you, mr. Speaker. I rise today to shed light on House Democrats impeachment inquiry, a scheme that has been devised in the dark. From day one of this congress, my colleagues have sought to use their new majority to undermine President Trump every step of the way. Breakjority has chosen to break precedent and deprive republicans to do our job. Today, i went down to the scif to read the classified volcker testimony for myself and sadly, i was turned away. It is remarkable that elected officials have been blocked from reading material parts of which have already been leaked to the process in selective and incomplete pieces. Simply, this is wrong. The house of representatives has been reduced to object ceasing over a perpetual groundhog day cycle of relegitimating the 2016 election. For the sake of our nation, remove the obstacles and return to our constitutional duty of being legislators. Thank you. Yield back. The speaker pro tempore for what purpose does the gentlelady from california rise . Ms. Waters i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on h. R. 1815 and insert extraneous material thereon the speaker pro tempore without objection. Ms. Waters mr. Chairman, i yield myself such time as i may consume the speaker pro tempore the gentlelady will suspend. The speaker pro tempore pursuant to House Resolution 629 and rule 18, the chair declares the house in the committee of the whole house of the state of the union for further consideration of h. R. 1815. Will the gentleman from rhode island mr. Langevin kindly esume the chair. The chair the committee of the whole house on the state of the union for consideration of h. R. 1815, which the clerk will report by title. The clerk a bill to require the securities and Exchange Commission when developing rules and regulations about disclosures to conduct investor testing including turvays and for other purposes. The chair pursuant to the rule, the bill is considered read the first time. General debate shall be confined to the bill and amendments specified in the first section of House Resolution 629 and not exceed one hour equally divided and controlled by the chair and ranking minority member of the committee on Financial Services. The gentlewoman from california, ms. Waters, and the gentleman from michigan, mr. Huizenga, each will control 30 minutes. The chair recognizes the gentleman from california. Ms. Waters waters i yield myself such time as i may consume. The chair without objection. Ms. Waters i rise in support of h. R. 1815, the s. E. C. Disclosure if he cantiveness testing act crafted by representative casten from illinois, a new member to the Financial Services committee. H. R. 1815 requires the securities and Exchange Commission to test disclosure documents with Retail Investments through one on one interviews and surveys to ensure that these documents are actually understood by the target audience. The s. E. C. Approach to protect investors from conflicts of interests and other risks are informing them through disclosure. This is a disclosure that it is written in away that Retail Investors dont understand. Since 2012, the s. E. C. Conducted a Financial Literacy study. Many of the disclosures intended for Retail Investors are not well understood by those investors. While the public has the opportunity to comment on most rulemaking on new disclosures, hese comments are largely from wellfunded industry representatives rather than the mom and pop investors who will be receiving these new disclosures. H. R. 1815 ensures that the s. E. C. Gets the input it needs from Retail Investors on disclosure forms by requiring the s. E. C. To test those forms and engage in equal tatetive oneonone interviews and nationwide surveys. Investor testing has been embraced by democratic and republican commissioners at the s. E. C. In addition, the s. E. C. Itself has engaged in investor testing in several instances, including most recently in 2018 when it tested a proposed disclosure for brokers and Investment Advisers to provide to Retail Investors known as form climate relationship survey. That is c. R. S. This proposed fivebeige disclosure was to help Retail Investors understand the obligations owed and Services Provided by investment professionals as well as the fees and costs that could affect their investment accounts to ensure that Retail Investors are able to use form c. R. S. As intended, they conducted a nationwide Online Survey of 1,800 individuals and 31 equal tatetive in depth interviews in pittsburgh. The results of testing of form c. R. S. Showed that changes and possibly more testing when necessary. Unfortunately in that instance, the s. E. C. Did not engage in a robust Interactive Investor testing that h. R. 1815 would require and finalize a vague disclosure. H. R. 1518 would require the s. E. C. To go back and review and test existing disclosures like form c. R. S. And determine whether changes should be made. This review of existing documents is particularly important as the Capital Markets investor behaviors and investing trends change. In addition to the s. E. C. , other regulateors like the Consumer Protection Financial Bureau and the federal trade commission engaged in use built testing of their disclosures. H. R. 1815 builds on the efforts of the s. E. C. By requiring the commission to engage in a similar interactive process for all existing and future disclosures intended to help investors make informed Investment Decisions. I want to thank representative asten for putting forth this commonsense legislation to help investors make informed decisions regarding their hardearned earnings. I reserve the balance of my time. The chair the gentlewoman reserves. The gentleman from michigan is recognized. Mr. Huizenga i rise in opposition to h. R. 1815, th

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