[Congressional Record Volume 161, Number 170 (Wednesday, November 18, 2015)]
[Daily Digest]
[Pages D1233-D1234]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                        House of Representatives


Chamber Action
Public Bills and Resolutions Introduced: 34 public bills, H.R. 4055-
4078; and 4 resolutions, H.J. Res. 73; H. Con. Res. 94; and H. Res. 
532-533, were introduced.                                
  Pages H8359-60
Additional Cosponsors:                                   
  Pages H8361-62
Report Filed: A report was filed today as follows:
  H. Res. 531, providing for consideration of the bill (H.R. 4038) to 
require that supplemental certifications and background investigations 
be completed prior to the admission of certain aliens as refugees, and 
for other purposes (H. Rept. 114-342).                       
Page H8359
Speaker: Read a letter from the Speaker wherein he appointed 
Representative Jolly to act as Speaker pro tempore for today. 
                                                             Page H8283
Recess: The House recessed at 10:48 a.m. and reconvened at 12 noon. 
                                                             Page H8289
Guest Chaplain: The prayer was offered by the Guest Chaplain, Reverend 
Christopher Weidner, St. Luke Lutheran Church, Gilbertsville, 
Pennsylvania.                                                
  Page H8289
Reforming CFPB Indirect Auto Financing Guidance Act: The House passed 
H.R. 1737, to nullify certain guidance of the Bureau of Consumer 
Financial Protection and to provide requirements for guidance issued by 
the Bureau with respect to indirect auto lending, by a yea-and-nay vote 
of 332 yeas to 96 nays, Roll No. 637.          
  Pages H8297-H8311, H8322
Agreed to:
  Gosar amendment (No. 1 printed in H. Rept. 114-340) that ensures that 
the costs and impacts to any veteran-owned business are included in the 
study required by this bill for any future auto financing guidance put 
forth by the Consumer Financial Protection Bureau;       
Pages H8309-10
  Smith (MO) amendment (No. 2 printed in H. Rept. 114-340) that 
requires that CFPB, before issuing guidance on indirect auto financing, 
should also conduct a study on the cost and impacts such guidance to 
rural consumers and businesses; and                          
Page H8310
  Sewell (AL) amendment (No. 3 printed in H. Rept. 114-340) that 
clarifies that nothing in this bill shall be construed to apply to 
guidance issued by the Bureau of Consumer Financial Protection that is 
not primarily related to indirect auto financing.        
Pages H8310-11
  H. Res. 526, the rule providing for consideration of the bills (H.R. 
1737) and (H.R. 511) was agreed to yesterday, November 17th.
Portfolio Lending and Mortgage Access Act: The House passed H.R. 1210, 
to amend the Truth in Lending Act to provide a safe harbor from certain 
requirements related to qualified mortgages for residential mortgage 
loans held on an originating depository institution's portfolio, by a 
yea-and-nay vote of 255 yeas to 174 nays, Roll No. 636. 
                                                         Pages H8311-22
  Rejected the Thompson (CA) motion to recommit the bill to the 
Committee on Financial Services with instructions to report the same 
back to the House forthwith with an amendment, by a yea-and-nay vote of 
184 yeas to 242 nays, Roll No. 635.                      
Pages H8319-21
  Pursuant to the Rule, an amendment in the nature of a substitute 
consisting of the text of Rules Committee Print 114-34 shall be 
considered as adopted.                                       
Page H8311

[[Page D1234]]


  H. Res. 529, the rule providing for consideration of the bills (H.R. 
1210) and (H.R. 3189) was agreed to by a yea-and-nay vote of 243 yeas 
to 184 nays, Roll No. 634, after the previous question was ordered. 
                                                         Pages H8292-97
Meeting Hour: Agreed by unanimous consent that when the House adjourns 
today, it adjourn to meet at 9:30 a.m. tomorrow, November 19. 
                                                             Page H8322
Unanimous Consent Agreement: Agreed by unanimous consent that the 
question of adopting a motion to recommit on H.R. 3189 may be subject 
to postponement as though under clause 8 of rule 20.         
  Page H8323
FORM Act of 2015: The House began consideration of H.R. 3189, to amend 
the Federal Reserve Act to establish requirements for policy rules and 
blackout periods of the Federal Open Market Committee, to establish 
requirements for certain activities of the Board of Governors of the 
Federal Reserve System, and to amend title 31, United States Code, to 
reform the manner in which the Board of Governors of the Federal 
Reserve System is audited. Consideration is expected to resume 
tomorrow, November 19th.                                 
  Pages H8323-42
  Pursuant to the Rule, in lieu of the amendment in the nature of a 
substitute recommended by the Committee on Financial Services now 
printed in the bill, the amendment in the nature of a substitute 
consisting of the text of Rules Committee Print 114-35, modified by the 
amendment printed in part B of H. Rept. 114-341, shall be considered as 
adopted in the House and in the Committee of the Whole. The bill, as 
amended, shall be considered as an original bill for the purpose of 
amendment under the five-minute rule and shall be considered as read. 
                                                             Page H8331
Agreed to:
  Heck (WA) amendment (No. 2 printed in part C of H. Rept. 114-341) 
that requires FOMC to use fully revised data rather than the initial 
readings that are first available;                       
Pages H8338-39
  Grayson amendment (No. 3 printed in part C of H. Rept. 114-341) that 
provides for an annual audit of the Federal Reserve; and 
                                                         Pages H8339-40
  King (IA) amendment (No. 6 printed in part C of H. Rept. 114-341), as 
modified, that requires the FOMC to make public the full transcriptions 
of their meetings and requires study of the effects of the GDP output 
section of the individual mandate on the US economy, Fed Actions, and 
federal debt.                                            
Pages H8340-42
Rejected:
  Heck (WA) amendment (No. 1 printed in part C of H. Rept. 114-341) 
that sought to suspend the requirement for rules-based decisionmaking 
when unemployment or inflation significantly diverges from targets; and
                                                         Pages H8337-38
  Grayson amendment (No. 5 printed in part C of H. Rept. 114-341) that 
sought to establish three new Federal Reserve districts: one for 
Northern California (located in San Francisco); one for Southern 
California (located in Los Angeles); and one for Florida (located in 
Orlando).                                                    
Page H8339
  H. Res. 529, the rule providing for consideration of the bills (H.R. 
1210) and (H.R. 3189) was agreed to by a yea-and-nay vote of 243 yeas 
to 184 nays, Roll No. 634, after the previous question was ordered. 
                                                         Pages H8292-97
Senate Messages: Messages received from the Senate by the Clerk and 
subsequently presented to the House today appear on page H8292.
Senate Referrals: S.J. Res. 23 and S.J. Res. 24 were held at the desk.
Quorum Calls--Votes: Four yea-and-nay votes developed during the 
proceedings of today and appear on pages H8296-97, H8320-21, H8321-22, 
and H8322. There were no quorum calls.
Adjournment: The House met at 10 a.m. and adjourned at 9:05 p.m.