[Congressional Record Volume 163, Number 8 (Thursday, January 12, 2017)]
[Daily Digest]
[Pages D43-D45]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]





                        House of Representatives


Chamber Action
Public Bills and Resolutions Introduced: 52 public bills, H.R. 462-513; 
and 5 resolutions, H.J. Res. 27, and H. Res. 46-47, 49-50, were 
introduced.                                               
  Pages H468-71
Additional Cosponsors:                                        
  Page H473
Report Filed: A report was filed today as follows:
  H. Res. 48, providing for consideration of the concurrent resolution 
(S. Con. Res. 3) setting forth the congressional budget for the United 
States Government for fiscal year 2017 and setting forth the 
appropriate budgetary levels for fiscal years 2018 through 2026, and 
providing for consideration of the bill (S. 84) to provide for an 
exception to a limitation against appointment of persons as Secretary 
of Defense within seven years of relief from active duty as a regular 
commissioned officer of the Armed Forces (H. Rept. 115-4).    
Page H468
Speaker: Read a letter from the Speaker wherein he appointed 
Representative Valadao to act as Speaker pro tempore for today. 
                                                              Page H393
Recess: The House recessed at 10:55 a.m. and reconvened at 12 noon. 
                                                              Page H400
Securities and Exchange Commission Regulatory Accountability Act: The 
House passed H.R. 78, to improve the consideration by the Securities 
and Exchange Commission of the costs and benefits of its regulations 
and orders, by a recorded vote of 243 ayes to 184 noes, Roll No. 51. 
                                                          Pages H428-48
  Rejected the Bustos 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 recorded vote of 195 ayes to 
232 noes, Roll No. 50.                                    
Pages H446-47
Agreed to:
  Velazquez amendment (No. 2 printed in part A of H. Rept. 115-3) that 
requires the SEC consider the protection of investors, in addition to 
promoting efficiency, competition, and capital formation when 
conducting such a review and also expressly instructs the SEC to 
consider the public interest, the protection of investors as well as 
the promotion of efficiency, competition, and capital formation when 
conducting such a review of existing SEC regulations.         
Page H439
Rejected:
  Al Green (TX) amendment (No. 1 printed in part A of H. Rept. 115-3) 
that sought to require the SEC to identify, analyze and address 
potential conflicts of interest related to its rulemakings (by a 
recorded vote of 192 ayes to 233 noes, Roll No. 46); 
                                                 Pages H438-39, H443-44
  Al Green (TX) amendment (No. 3 printed in part A of H. Rept. 115-3) 
that sought to exempt regulations promulgated to maintain or support 
U.S. financial stability or prevent or reduce systemic risk

[[Page D44]]

(by a recorded vote of 191 ayes to 232 noes, Roll No. 47); 
                                                    Pages H439-41, H444
  DeSaulnier amendment (No. 4 printed in part A of H. Rept. 115-3) that 
sought to require the Chairman of the SEC and his immediate family to 
divest from too-big-to-fail banks (by a recorded vote of 194 ayes to 
233 noes, Roll No. 48); and                      
Pages H441-42, H444-45
  Raskin amendment (No. 5 printed in part A of H. Rept. 115-3) that 
sought to require the Chairman of the Securities and Exchange 
Commission to be trained on ethical standards and codes of conduct to 
ensure all regulations enacted are not done so with a conflict of 
interest, specifically regarding prior employment and legal 
representation of too-big-to-fail banks (by a recorded vote of 196 ayes 
to 231 noes, Roll No. 49).                       
Pages H442-43, H445-46
  H. Res. 40, the rule providing for consideration of the bills (H.R. 
78) and (H.R. 238) was agreed to yesterday, January 11th.
Commodity End-User Relief Act: The House passed H.R. 238, to 
reauthorize the Commodity Futures Trading Commission, to better 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 end-users manage risks, and 
to help keep consumer costs low, by a yea-and-nay vote of 239 yeas to 
182 nays, Roll No. 54.                           
  Pages H404-28, H450-51
  Rejected the Langevin motion to recommit the bill to the Committee on 
Agriculture with instructions to report the same back to the House 
forthwith with an amendment, by a recorded vote of 190 ayes to 235 
noes, Roll No. 53.                                        
Pages H449-50
  Pursuant to the Rule, an amendment in the nature of a substitute 
consisting of the text of Rules Committee Print 115-2 shall be 
considered as an original bill for the purpose of amendment under the 
five-minute rule.                                             
Page H414
Agreed to:
  Aderholt amendment (No. 1 printed in part B of H. Rept. 115-3) that 
amends the Commodity Exchange Act to give the Commodity Futures Trading 
Commission authority to designate other agencies to manage its leases; 
                                                          Pages H421-22
  Austin Scott (GA) amendment (No. 2 printed in part B of H. Rept. 115-
3) that reforms the Customer Protection Fund at the CFTC to amend the 
size of the fund, annual expenditures from the fund and return excess 
balance to the Treasury;                                  
Pages H422-23
  Conaway amendment (No. 3 printed in part B of H. Rept. 115-3) that 
makes technical and conforming changes;                   
Pages H423-24
  Duffy amendment (No. 5 printed in part B of H. Rept. 115-3) that 
prohibits the CFTC from compelling the production of algorithmic 
trading source code and similar intellectual property unless it has 
issued a subpoena;                                        
Pages H424-25
  LaMalfa amendment (No. 6 printed in part B of H. Rept. 115-3) that 
prevents a situation in which an end-user loses its ability to rely on 
the end-user exception to the clearing requirement due simply to the 
positive performance of transactions entered into solely to mitigate 
the prospect of falling revenues and asset values;        
Pages H425-26
  Lucas amendment (No. 7 printed in part B of H. Rept. 115-3) that 
exempts all inter-affiliate transactions from being regulated as 
``swaps'' under the Dodd-Frank related provisions of the Commodity 
Exchange Act (''CEA'') and Commodity Futures Trading Commission 
(''CFTC'') regulations promulgated thereunder;            
Pages H426-27
  Hartzler amendment (No. 8 printed in part B of H. Rept. 115-3) that 
delays implementation of the CFTC Ownership and Control Reports Rule 
until the Chairman determines the rule has been amended by adjusting 
reporting trading volume levels to 300 contracts per day, removing the 
requirements for natural person controller data, and ensuring the rule 
does not require entities to violate foreign privacy laws; and 
                                                              Page H427
  Conaway amendment (No. 4 printed in part B of H. Rept. 115-3) that 
makes clear Congress's intent that the Commission may impose and 
implement position limits as it finds necessary, provided the 
Commission makes a finding prior to imposing such limits; it makes no 
changes to the longstanding federal position limits regime for the 
enumerated agricultural commodities or the existing statutory 
requirements that Designated Contract Markets impose position limits or 
accountability levels on all contracts (by a recorded vote of 236 ayes 
to 191 noes, Roll No. 52).                                
Pages H448-49
  H. Res. 40, the rule providing for consideration of the bills (H.R. 
78) and (H.R. 238) was agreed to yesterday, January 11th.
Joint Economic Committee--Appointment: The Chair announced the 
Speaker's appointment of the following Members on the part of the House 
to the Joint Economic Committee: Representatives Paulsen, Schweikert, 
Comstock, LaHood, Francis Rooney (FL), Carolyn B. Maloney (NY), 
Delaney, Adams, and Beyer.                                    
  Page H455
Recess: The House recessed at 8:15 p.m. and reconvened at 8:27 p.m. 
                                                              Page H468
Senate Messages: Message received from the Senate and message received 
from the Senate by the Clerk

[[Page D45]]

and subsequently presented to the House today appear on pages H400, 
H441.
Senate Referrals: S. Con. Res. 3 was held at the desk. S. 84 was held 
at the desk.
Quorum Calls--Votes: One yea-and-nay vote and eight recorded votes 
developed during the proceedings of today and appear on pages H443-44, 
H444, H444-45, H445-46, H447, H447-48, H448-49, H449-50, and H450-51. 
There were no quorum calls.
Adjournment: The House met at 10 a.m. and adjourned at 8:29 p.m.