Congressional Record, Volume 163 Issue 8 (Thursday, January 12, 2017)

[Congressional Record Volume 163, Number 8 (Thursday, January 12, 2017)]
[House]
[Pages H441-H448]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

SEC REGULATORY ACCOUNTABILITY ACT

The Committee resumed its sitting.

Amendment No. 4 Offered by Mr. DeSaulnier

The Acting CHAIR (Mr. Palmer). It is now in order to consider
amendment No. 4 printed in part A of House Report 115-3.
Mr. DeSAULNIER. Mr. Chairman, I have an amendment at the desk.
The Acting CHAIR. The Clerk will designate the amendment.
The text of the amendment is as follows:

At the end of the bill, add the following new section:

SEC. 5. DIVESTITURE REQUIREMENT.

The amendment made by section 2 shall not take effect until
the Chairman of the Securities and Exchange Commission, and
all immediate family members of the Chairman, divests all
securities owned by the Chairman and such immediate family
members of the Chairman from any financial institution
regulated by the Securities and Exchange Commission to ensure
that proper and fair rule-making is administered in
accordance with this Act.

The Acting CHAIR. Pursuant to House Resolution 40, the gentleman from
California (Mr. DeSaulnier) and a Member opposed each will control 5
minutes.
The Chair recognizes the gentleman from California.
Mr. DeSAULNIER. Mr. Chairman, I yield myself such time as I may
consume.
Mr. Chairman, I rise in support of this amendment to the SEC
Regulatory Accountability Act in a spirit of cooperation. It is most
important for the integrity of the SEC, for the investor community, for
the entire U.S. population, and indeed for the economic benefit of the
United States that integrity and transparency are paramount. So this
amendment strengthens the bill, I believe, on behalf of the American
investor as well as industry by reaffirming transparency as a core
principle of efficient markets and places public service ahead of
personal gain.
By requiring the head of the SEC and his immediate family members to
divest themselves of all securities connected to the financial
institutions regulated by the agency, we reinforce investor confidence
that agency decisions are driven by market forces, not the portfolio of
the Chair.
Mr. Chairman, the power and stability of U.S. markets rely on the
fundamental belief that the system is transparent and fair. Anything
that causes investors to question the integrity of the U.S. markets,
including lack of information or opaqueness of information, will
necessarily hurt our markets and make capital formation more difficult.
The SEC plays a critical role in promoting adequate transparency.
Requiring the SEC Chairperson to cut financial ties with institutions
that the SEC oversees is a commonsense protection of the agency's
credibility and improvement to the underlying bill in my belief.
I hope my Republican colleagues agree and will support this amendment
that puts public service ahead of potential personal gain.
Mr. Chairman, I reserve the balance of my time.
Mr. HUIZENGA. Mr. Chairman, I rise in opposition to this amendment.
The Acting CHAIR. The gentleman from Michigan is recognized for 5
minutes.
Mr. HUIZENGA. Mr. Chairman, again, I think we are stumbling over the
fact that my colleagues on the other side of the aisle believe that we
are somehow paid by the words put into the Federal Registry here.
The SEC is already covered by both governmentwide ethics laws and
regulations as well as SEC supplemental ethics regulations which apply
to all SEC employees, including the Chair.
Perhaps the sponsor of the amendment is not aware that under existing
Federal law, the SEC Chairman cannot participate personally in any
matter that would have a direct and predictable effect on her financial
interests or imputed financial interest, and I would invite the sponsor
to review the code at this point.
Additionally, SEC supplemental regulations prohibit SEC employees,
including the Chair, from holding any security in a directly regulated
entity, and they must also preclear all purchases and sales of
securities.
Further, the Chairman or Commissioner must not engage in any other
business, employment, or vocation while in office, nor may she ever use
the power of her office or the influence of her name to promote the
business interests of others.
Finally, the amendment does not seem to address what I believe
Congressman DeSaulnier's description is intending to address as it is
the Federal Reserve, not the Securities and Exchange Commission, that
regulates the too-big-to-fail banks or, as the amendment states,
financial institutions.
The SEC does not regulate financial institutions. The code defines
the term ``financial institution,'' and the definition includes ``a
bank, a foreign bank, and a savings association.''
Since the SEC does not regulate any of these entities, the amendment
would require the SEC Chair to divest of exactly zero entities. So
notwithstanding that important discrepancy here, I ask my colleagues to
join me in opposing the amendment.
Mr. Chairman, I reserve the balance of my time.
Mr. DeSAULNIER. Mr. Chairman, I honestly respect the tutorial, but,
with all due respect, I do think that this amendment complements the
existing rules and protects the investors.
Mr. Chairman, I yield such time as she may consume to the gentlewoman
from Wisconsin (Ms. Moore).
Ms. MOORE. I thank the chairman. I really appreciate the gentleman,
Mr. DeSaulnier, for bringing forth this amendment.
Disclosures of and divestment in conflicts are becoming increasingly
important in this administration coming up. The conflicts that we know
about and the conflicts that we suspect exist with President-elect
Trump and his nominees have become a tremendous source of concern as
not only do they undermine the faith and fairness of U.S. financial
markets, as has been pointed out, but, quite frankly, they have become
a matter of national security concern.
The amendments that were rejected by Ranking Member Waters and this
amendment by Representative DeSaulnier together restore confidence that
the U.S. financial system is not being manipulated for the gain of a
few government officials.
Mr. Chairman, I urge all of my colleagues to support this amendment.
Mr. HUIZENGA. Mr. Chairman, at this time I am prepared to close, and
I reserve the balance of my time.
Mr. DeSAULNIER. Mr. Chairman, with all due respect, I really think
this is, as intended, a commonsense amendment. I do think it
complements rather than adds on to the existing requirements to protect
investors. And I really think this House, with all due respect, would
want to see the markets work efficiently. We also want to ensure that
the integrity of those markets and the investors are also strengthened.
So I think transparency in this case with the acknowledgment that there
are other already existing regulations and the belief that this
amendment complements those, I would ask for the House's support.
Mr. Chairman, I yield back the balance of my time.

{time} 1600

Mr. HUIZENGA. Mr. Chairman, I would just point out again that this

[[Page H442]]

amendment does not hit the target. The SEC does not regulate financial
institutions. 15 U.S.C. 78c defines the term ``financial
institutions,'' and that definition includes a bank, a foreign bank,
and a savings association. The SEC does not regulate any of the
entities that are described in this.
In addition to that, the Securities and Exchange Commission's Chair--
Chairwoman in this instance, who will be resigning soon--is covered
under governmentwide ethics rules and laws. The SEC has additional SEC-
specific rules that are in place. This amendment would do absolutely
nothing to support or diminish those because it doesn't actually
address any situation that they have.
Mr. Chairman, I yield back the balance of my time.
The Acting CHAIR. The question is on the amendment offered by the
gentleman from California (Mr. DeSaulnier).
The question was taken; and the Acting Chair announced that the noes
appeared to have it.
Mr. DeSAULNIER. Mr. Chairman, I demand a recorded vote.
The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further
proceedings on the amendment offered by the gentleman from California
will be postponed.

Amendment No. 5 Offered by Mr. Raskin

The Acting CHAIR. It is now in order to consider amendment No. 5
printed in part A of House Report 115-3.
Mr. RASKIN. Mr. Chairman, I have an amendment at the desk.
The Acting CHAIR. The Clerk will designate the amendment.
The text of the amendment is as follows:

At the end of the bill, add the following new section:

SEC. 5. TRAINING REQUIREMENT FOR THE CHAIRMAN AND
COMMISSIONERS OF THE SEC.

The amendment made by section 2 shall not take effect until
the Chairman and each Commissioner of the Securities and
Exchange Commission undergoes effective training on conduct
and ethical standards to ensure all actions of the Commission
are done in a manner free of conflicts of interest,
specifically those related to prior employment at financial
institutions and prior legal representation of financial
institutions.

The Acting CHAIR. Pursuant to House Resolution 40, the gentleman from
Maryland (Mr. Raskin) and a Member opposed each will control 5 minutes.
The Chair recognizes the gentleman from Maryland.
Mr. RASKIN. Mr. Chairman, this amendment would require both the
Chairman of the SEC and all of its Commissioners to undergo a
comprehensive, professional ethics training in order to ensure that all
SEC regulations and actions are free from conflicts of interest that
may arise from their past or future employment or by legal
representation of regulated entities.
This training into all of the ethical standards that were just
invoked by my distinguished colleague from Michigan is critical to
guard against regulatory capture and to protect the public interest.
The whole challenge of a republic is how to get legislators and other
public officers, who are agents of the people, to serve the common good
rather than their own, private interests. In the cost-benefit terms of
this legislation, you would call this the ``agency problem.'' Our
Constitution, with everything from the separation of powers to the
Emoluments Clause, to the Title of Nobility Clause is designed to
safeguard the public interest and to reduce the prospects for mischief,
corruption, and self-dealing by people in government. Providing
mandatory ethics training is a simple way to remind all of us in public
life whom we really work for--the American people.
Requiring employees to undergo basic ethics training is not unusual.
In fact, every congressional staffer who works in this body is required
to undergo ethics training in his or her first 60 days of employment
here. The freshman class, of which I am a proud member, just had an
excellent briefing on professional ethics standards a couple of weeks
ago.
Under this amendment, Congress will be able to ensure that the SEC
officials who are making the critical rules that govern the financial
securities industry are looking out for the American people and not for
any particular special interest.
Conflicts of interest have been rife in the financial sector. In
2008, while Wall Street and big banks preyed on the victims of the
mortgage crisis, American families lost trillions of dollars in
retirement values, home values, equity, and so on.
This amendment would implement a simple safeguard, ensuring that the
people who regulate the financial sector are not crossing any ethical
lines or are bending the rules in favor of past or future employers or
of any other special interests. The people of the United States expect
and deserve nothing less from Washington.
In closing, I urge all of my colleagues on both sides of the aisle to
support this amendment.
I reserve the balance of my time.
Mr. HUIZENGA. Mr. Chairman, I rise in opposition to this amendment.
The Acting CHAIR. The gentleman from Michigan is recognized for 5
minutes.
Mr. HUIZENGA. Mr. Chairman, I believe the sponsor of the amendment
was in the Chamber when we were discussing this on the last amendment.
Federal law, as well as SEC supplemental regulations, already govern
ethics and conflicts of interest.
It is well-known, especially if you check out my Twitter account, I
think, that most people who support this President don't believe I
support this President enough. A number of people would say that I
haven't supported the SEC Chairman to the level that I should. This,
frankly, is insulting to the current President as well as the Chair.
Implying somehow that this Chair has preyed off of poor people until
they went bankrupt, as was just sort of laid out by the sponsor of
this, is an insult.
To believe this of the SEC Chair, who is typically--and I know in
this particular case is--a very accomplished professional, is amazingly
shortsighted, I believe. Additionally, the Chair is required to receive
personal annual ethics training as well as an initial ethics briefing.
I direct the sponsor to review the statute on this.
Additionally, the Chairman and the Commissioners are required to file
an ethics agreement letter in which she will agree to divest prohibited
assets, and if she has not done so prior to the appointment, she is to
recuse herself from matters in which she has financial conflict or the
impartiality conflict, which can be found also in code.
Finally, the Chairman or a Commissioner is prohibited from engaging
in any other business, employment, or vocation while in office, or she
may never use the power of her office or her name to promote or
influence a business interest.
Once again, I think that what we are trying to do here with the
underlying bill is to make sure that the SEC follows through on what
the courts have mandated in previous rulings in that they use a cost-
benefit analysis. This is not about fraud. This is not about whether
Mary Jo White needs ethics training. This is about making sure that the
SEC has an identifiable target and goal with the rules that it is
putting in place and then analyzing whether the costs and the benefits
weigh in favor of protecting the consumer. Ultimately, this amendment
does nothing to forward that. I oppose the amendment.
I reserve the balance of my time.
Mr. RASKIN. Mr. Chairman, the gentleman from Michigan has invited us,
through the various colloquies this afternoon, to believe that there is
a comprehensive ethical regime in place. We agree that there is, but
what there is not is a requirement that the Chair of the SEC and each
of its Commissioners undergo ethics training, the kind of training that
millions of Americans undergo all the time in order to understand
precisely what their ethical obligations are. It is as if to say that
nobody needs to have stop signs or stoplights out there because there
is a traffic code someplace. There may be, but we need to give the
actual direction to people who are participating in the activity of
regulation.
Nothing that the good gentleman has said persuades me that the ethics
training is actually taking place or that the SEC Commissioners and the
Chair of the SEC do not need it.

If anything I said is read by anyone to insult the President of the
United States or the current Chair of the SEC, then I would stand
corrected. I don't think I said anything that would have

[[Page H443]]

affronted any of them. This is basic ethics training that takes place
for people across the government. For the life of me, I can't
understand what the opposition to it is.
There seems to be a kind of fetishizing of cost-benefit analysis
above everything else. The Constitution doesn't include the words
``cost-benefit.'' There are a whole series of rules that we have in
there, including the Emoluments Clause, which established the principle
of no conflicts of interest, no foreign bribery, no domestic bribery,
no compromising of the integrity of government; and I do not understand
why we are so afraid of building those principles into the legal
architecture that governs the Securities and Exchange Commission.
I reserve the balance of my time.
Mr. HUIZENGA. Mr. Chairman, I understand that the sponsor is a
constitutional law professor.
I direct the gentleman to 5 CFR 2638.305 and 5 CFR 2638.304, which
read:

The Chair of the SEC is required to receive in person
annual ethics training as well as an initial ethics briefing.
Additionally, Chairmen and Commissioners are required to file
ethics agreement letters in which they agree to divest.

The bottom line is that we don't need additional words in the Federal
Register to do what is already being done.
The sponsor of the amendment mentioned that cost-benefit analysis is
not in the U.S. Constitution, but neither is the SEC. However, due
process is in the Constitution, and what we are trying to get at is due
process to make sure that we have--us, as a legislative body--properly
involved and engaged in this and that we understand what the goals and
objectives of the Securities and Exchange Commission are when it is
issuing a rule and whether that rule is going to effect the change
intended.
What are those benefits? Is it going to benefit and protect the
consumer?
Again, I reiterate the three elements of the mission of the
Securities and Exchange Commission: number one, to protect investors;
number two, to maintain fair and orderly and efficient markets; and
number three, to facilitate capital formation. Those are the stated
goals and is the job of the Securities and Exchange Commission.
I reserve the balance of my time.
Mr. RASKIN. Mr. Chairman, I think we have arrived at what the
difference is between me and the gentleman from Michigan.
The regulation, as he reads it, applies only to the Chair. This
amendment would extend the ethics training, which he seems to support,
to all of the members of the Securities and Exchange Commission. It is
true that they all have to do a filing, as we all do, about our various
finances, but that is not the comprehensive ethical training that all
of us need to get in order to avoid conflicts of interest. So, if that
is something that is good enough for the Chair, it is, presumably, good
enough for all of the members of the SEC.
I would urge my colleague to rethink his opposition to this
commonsense amendment, which, I think, would install precisely what the
American people are asking of us, which is that all of us pay attention
to public ethics in the conduct of our duties.
I yield back the balance of my time.
Mr. HUIZENGA. Mr. Chairman, I maintain my opposition to this
amendment.
I yield back the balance of my time.
The Acting CHAIR. The question is on the amendment offered by the
gentleman from Maryland (Mr. Raskin).
The question was taken; and the Acting Chair announced that the noes
appeared to have it.
Mr. RASKIN. Mr. Chairman, I demand a recorded vote.
The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further
proceedings on the amendment offered by the gentleman from Maryland
will be postponed.

Announcement by the Acting Chair

The Acting CHAIR. Pursuant to clause 6 of rule XVIII, proceedings
will now resume on those amendments printed in part A of House Report
115-3 on which further proceedings were postponed, in the following
order:
Amendment No. 1 by Mr. Al Green of Texas.
Amendment No. 3 by Mr. Al Green of Texas.
Amendment No. 4 by Mr. DeSaulnier of California.
Amendment No. 5 by Mr. Raskin of Maryland.
The Chair will reduce to 2 minutes the minimum time for any
electronic vote after the first vote in this series.

Amendment No. 1 Offered by Mr. Al Green of Texas

The Acting CHAIR. The unfinished business is the demand for a
recorded vote on the amendment offered by the gentleman from Texas (Mr.
Al Green) on which further proceedings were postponed and on which the
noes prevailed by voice vote.
The Clerk will redesignate the amendment.
The Clerk redesignated the amendment.

Recorded Vote

The Acting CHAIR. A recorded vote has been demanded.
A recorded vote was ordered.
The vote was taken by electronic device, and there were--ayes 192,
noes 233, not voting 9, as follows:

[Roll No. 46]

AYES--192

Adams
Aguilar
Barragan
Bass
Beatty
Becerra
Bera
Beyer
Bishop (GA)
Blumenauer
Blunt Rochester
Bonamici
Boyle, Brendan F.
Brady (PA)
Brown (MD)
Brownley (CA)
Bustos
Butterfield
Capuano
Carbajal
Cardenas
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu, Judy
Cicilline
Clark (MA)
Clarke (NY)
Clay
Cleaver
Clyburn
Cohen
Connolly
Conyers
Cooper
Correa
Costa
Courtney
Crist
Crowley
Cuellar
Cummings
Davis (CA)
Davis, Danny
DeFazio
DeGette
Delaney
DeLauro
DelBene
Demings
DeSaulnier
Deutch
Dingell
Doggett
Doyle, Michael F.
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Gottheimer
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peters
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Rosen
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Schrader
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sinema
Sires
Slaughter
Smith (WA)
Soto
Speier
Suozzi
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOES--233

[[Page H444]]

Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOT VOTING--9

Frankel (FL)
Mulvaney
Neal
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Walker
Zinke

{time} 1635

Mr. SIMPSON, Ms. CHENEY, and Mr. GOHMERT changed their vote from
``aye'' to ``no.''
Messrs. PASCRELL and LOWENTHAL changed their vote from ``no'' to
``aye.''
So the amendment was rejected.
The result of the vote was announced as above recorded.

Amendment No. 3 Offered by Mr. Al Green of Texas

Recorded Vote

The Acting CHAIR. A recorded vote has been demanded.
A recorded vote was ordered.
The Acting CHAIR. This will be a 2-minute vote.
The vote was taken by electronic device, and there were--ayes 191,
noes 232, not voting 11, as follows:

[Roll No. 47]

AYES--191

Adams
Aguilar
Barragan
Bass
Beatty
Becerra
Bera
Beyer
Bishop (GA)
Blumenauer
Blunt Rochester
Bonamici
Boyle, Brendan F.
Brady (PA)
Brown (MD)
Brownley (CA)
Bustos
Butterfield
Capuano
Carbajal
Cardenas
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu, Judy
Cicilline
Clark (MA)
Clarke (NY)
Clay
Cleaver
Clyburn
Cohen
Connolly
Conyers
Cooper
Correa
Costa
Courtney
Crist
Crowley
Cuellar
Cummings
Davis (CA)
Davis, Danny
DeFazio
DeGette
Delaney
DeLauro
DelBene
Demings
DeSaulnier
Deutch
Dingell
Doggett
Doyle, Michael F.
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Gottheimer
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Neal
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Rosen
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Schrader
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sires
Slaughter
Smith (WA)
Soto
Speier
Suozzi
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOES--232

Abraham
Aderholt
Allen
Amash
Amodei
Arrington
Babin
Bacon
Banks (IN)
Barletta
Barr
Barton
Bergman
Beutler
Biggs
Bilirakis
Bishop (MI)
Bishop (UT)
Black
Blackburn
Blum
Bost
Brady (TX)
Bridenstine
Brooks (AL)
Brooks (IN)
Buchanan
Buck
Bucshon
Budd
Burgess
Byrne
Calvert
Carter (GA)
Carter (TX)
Chabot
Chaffetz
Cheney
Coffman
Cole
Collins (GA)
Collins (NY)
Comer
Comstock
Conaway
Cook
Costello (PA)
Crawford
Culberson
Curbelo (FL)
Davidson
Davis, Rodney
Denham
Dent
DeSantis
DesJarlais
Diaz-Balart
Donovan
Duffy
Duncan (SC)
Duncan (TN)
Dunn
Emmer
Farenthold
Faso
Ferguson
Fitzpatrick
Fleischmann
Flores
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gaetz
Gallagher
Garrett
Gibbs
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (LA)
Graves (MO)
Griffith
Grothman
Guthrie
Harper
Harris
Hartzler
Hensarling
Hice, Jody B.
Higgins (LA)
Hill
Holding
Hollingsworth
Hudson
Huizenga
Hultgren
Hunter
Hurd
Issa
Jenkins (KS)
Jenkins (WV)
Johnson (LA)
Johnson (OH)
Johnson, Sam
Jordan
Joyce (OH)
Katko
Kelly (MS)
Kelly (PA)
King (IA)
King (NY)
Kinzinger
Knight
Kustoff (TN)
Labrador
LaHood
Lamborn
Lance
Latta
Lewis (MN)
LoBiondo
Long
Loudermilk
Love
Lucas
Luetkemeyer
MacArthur
Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Peters
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Sinema
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walker
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOT VOTING--11

Brat
Cramer
Frankel (FL)
LaMalfa
Marchant
Mulvaney
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Zinke

Announcement by the Acting Chair

The Acting CHAIR (during the vote). There is 1 minute remaining.

{time} 1640

So the amendment was rejected.
The result of the vote was announced as above recorded.

Amendment No. 4 Offered by Mr. DeSaulnier

The Acting CHAIR. The unfinished business is the demand for a
recorded vote on the amendment offered by the gentleman from California
(Mr. DeSaulnier) on which further proceedings were postponed and on
which the noes prevailed by voice vote.
The Clerk will redesignate the amendment.
The Clerk redesignated the amendment.

Recorded Vote

[Roll No. 48]

AYES--194

[[Page H445]]

Doyle, Michael F.
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Fitzpatrick
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Gottheimer
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Neal
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peters
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Rosen
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Schrader
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sinema
Sires
Slaughter
Smith (WA)
Soto
Speier
Suozzi
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOES--233

Abraham
Aderholt
Allen
Amash
Amodei
Arrington
Babin
Bacon
Banks (IN)
Barletta
Barr
Barton
Bergman
Beutler
Biggs
Bilirakis
Bishop (MI)
Bishop (UT)
Black
Blackburn
Blum
Bost
Brady (TX)
Brat
Bridenstine
Brooks (AL)
Brooks (IN)
Buchanan
Buck
Bucshon
Budd
Burgess
Byrne
Calvert
Carter (GA)
Carter (TX)
Chabot
Chaffetz
Cheney
Coffman
Cole
Collins (GA)
Collins (NY)
Comer
Comstock
Conaway
Cook
Costello (PA)
Cramer
Crawford
Culberson
Curbelo (FL)
Davidson
Davis, Rodney
Denham
Dent
DeSantis
DesJarlais
Diaz-Balart
Donovan
Duffy
Duncan (SC)
Duncan (TN)
Dunn
Emmer
Farenthold
Faso
Ferguson
Fleischmann
Flores
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gaetz
Gallagher
Garrett
Gibbs
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (LA)
Graves (MO)
Griffith
Grothman
Guthrie
Harper
Harris
Hartzler
Hensarling
Hice, Jody B.
Higgins (LA)
Hill
Holding
Hollingsworth
Hudson
Huizenga
Hultgren
Hunter
Hurd
Issa
Jenkins (KS)
Jenkins (WV)
Johnson (LA)
Johnson (OH)
Johnson, Sam
Jordan
Joyce (OH)
Katko
Kelly (MS)
Kelly (PA)
King (IA)
King (NY)
Kinzinger
Knight
Kustoff (TN)
Labrador
LaHood
LaMalfa
Lamborn
Lance
Latta
Lewis (MN)
LoBiondo
Long
Loudermilk
Love
Lucas
Luetkemeyer
MacArthur
Marchant
Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walker
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOT VOTING--7

Frankel (FL)
Mulvaney
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Zinke

{time} 1646

So the amendment was rejected.
The result of the vote was announced as above recorded.

Amendment No. 5 Offered by Mr. Raskin

The Acting CHAIR. The unfinished business is the demand for a
recorded vote on the amendment offered by the gentleman from Maryland
(Mr. Raskin) on which further proceedings were postponed and on which
the noes prevailed by voice vote.
The Clerk will redesignate the amendment.
The Clerk redesignated the amendment.

Recorded Vote

[Roll No. 49]

AYES--196

Adams
Aguilar
Barragan
Bass
Beatty
Becerra
Bera
Beutler
Beyer
Bishop (GA)
Blumenauer
Blunt Rochester
Bonamici
Boyle, Brendan F.
Brady (PA)
Brown (MD)
Brownley (CA)
Bustos
Butterfield
Capuano
Carbajal
Cardenas
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu, Judy
Cicilline
Clark (MA)
Clarke (NY)
Clay
Cleaver
Clyburn
Cohen
Connolly
Conyers
Cooper
Correa
Costa
Courtney
Crist
Crowley
Cuellar
Cummings
Davis (CA)
Davis, Danny
DeFazio
DeGette
Delaney
DeLauro
DelBene
Demings
Dent
DeSaulnier
Deutch
Dingell
Doggett
Doyle, Michael F.
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Fitzpatrick
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Gottheimer
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Neal
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peters
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Rosen
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Schrader
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sinema
Sires
Slaughter
Smith (WA)
Soto
Speier
Suozzi
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOES--231

Abraham
Aderholt
Allen
Amash
Amodei
Arrington
Babin
Bacon
Banks (IN)
Barletta
Barr
Barton
Bergman
Biggs
Bilirakis
Bishop (MI)
Bishop (UT)
Black
Blackburn
Blum
Bost
Brady (TX)
Brat
Bridenstine
Brooks (AL)
Brooks (IN)
Buchanan
Buck
Bucshon
Budd
Burgess
Byrne
Calvert
Carter (GA)
Carter (TX)
Chabot
Chaffetz
Cheney
Coffman
Cole
Collins (GA)
Collins (NY)
Comer
Comstock
Conaway
Cook
Costello (PA)
Cramer
Crawford
Culberson
Curbelo (FL)
Davidson
Davis, Rodney
Denham
DeSantis
DesJarlais
Diaz-Balart
Donovan
Duffy
Duncan (SC)
Duncan (TN)
Dunn
Emmer
Farenthold
Faso
Ferguson
Fleischmann
Flores
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gaetz
Gallagher
Garrett
Gibbs
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (LA)
Graves (MO)
Griffith
Grothman
Guthrie
Harper
Harris
Hartzler
Hensarling
Hice, Jody B.
Higgins (LA)
Hill
Holding
Hollingsworth
Hudson
Huizenga
Hultgren
Hunter
Hurd
Issa
Jenkins (KS)
Jenkins (WV)
Johnson (LA)
Johnson (OH)
Johnson, Sam
Jordan
Joyce (OH)
Katko
Kelly (MS)
Kelly (PA)
King (IA)
King (NY)
Kinzinger
Knight
Kustoff (TN)
Labrador
LaHood
LaMalfa
Lamborn
Lance
Latta
Lewis (MN)
LoBiondo
Long
Loudermilk
Love
Lucas
Luetkemeyer
MacArthur
Marchant
Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert

[[Page H446]]

Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walker
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOT VOTING--7

Frankel (FL)
Mulvaney
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Zinke

Announcement by the Acting Chair

The Acting CHAIR (during the vote). There is 1 minute remaining.

{time} 1650

So the amendment was rejected.
The result of the vote was announced as above recorded.
The Acting CHAIR. There being no further amendments, under the rule,
the Committee rises.
Accordingly, the Committee rose; and the Speaker pro tempore (Mr.
Simpson) having assumed the chair, Mr. Palmer, Acting Chair of the
Committee of the Whole House on the state of the Union, reported that
that Committee, having had under consideration the bill (H.R. 78) to
improve the consideration by the Securities and Exchange Commission of
the costs and benefits of its regulations and orders, and, pursuant to
House Resolution 40, he reported the bill back to the House with an
amendment adopted in the Committee of the Whole.
The SPEAKER pro tempore. Under the rule, the previous question is
ordered.
The question is on the amendment.
The amendment was agreed to.
The SPEAKER pro tempore. The question is on the engrossment and third
reading of the bill.
The bill was ordered to be engrossed and read a third time, and was
read the third time.

Motion to Recommit

Mrs. BUSTOS. Mr. Speaker, I have a motion to recommit at the desk.
The SPEAKER pro tempore. Is the gentlewoman opposed to the bill?
Mrs. BUSTOS. Mr. Speaker, I am opposed.
The SPEAKER pro tempore. The Clerk will report the motion to
recommit.
The Clerk read as follows:

Mrs. Bustos moves to recommit the bill, H.R. 78 to the
Committee on Financial Services with instructions to report
the same back to the House forthwith, with the following
amendment:
Page 4, after line 25, insert the following:
``(C) Consideration of the potential outsourcing of u.s.
jobs.--In making a reasoned determination of the costs and
benefits of a proposed regulation, the Commission shall, to
the extent that it is relevant to the proposed particular
regulation, consider whether market participants would have
an incentive to relocate their operations outside of the
United States.''.

The SPEAKER pro tempore. Pursuant to the rule, the gentlewoman from
Illinois (Mrs. Bustos) is recognized for 5 minutes in support of her
motion.
Mrs. BUSTOS. Mr. Speaker, this final amendment says plainly that the
Securities and Exchange Commission should take into account whether any
proposed rule will have an impact on outsourcing American jobs.
Many of us, especially those of us in the industrial heartland,
represent regions that have experienced serious job losses because of
companies sending jobs overseas. I will tell you a little bit about
mine.
I have the honor of serving Illinois' 17th Congressional District.
Most of my district is rural. It spans 7,000 square miles, 14 counties,
and covers the entire northwestern region of the State of Illinois. We
are the world headquarters for John Deere. You have probably seen the
tractors or the combines out there on the farmland.
We are also the world headquarters for Caterpillar, and, as you have
traveled around our country and around our world, you have probably
also seen the yellow, big, earth-moving equipment. That comes from my
congressional district.
But like many parts of our heartland, our region has seen far too
many manufacturing jobs shipped overseas. I am going to give you a
couple of examples.
In a town called Galesburg, Illinois, we had a Maytag plant that made
refrigerators. Overnight, every last one of those jobs was shipped to
Mexico. A dozen years later, the wages there still have not recovered
because of that outsourcing.
We have a town called Hanover, Illinois, a little, bitty town in
northwestern Illinois. There was a plant called Robertshaw. They made
little valves that go inside of washing machines and dishwashers that
measured the water that would flow through. There was nearly a zero
percent defect rate on what was produced out of that plant, and the
company was profitable. And yet, every last one of those jobs went to
Mexico.
And then we had a company called Sensata. They made auto part
sensors, and it was bought out by a company called Bain Capital. You
might know a little bit about this company called Bain Capital. And
they shipped every one of those jobs over to China.
I have made friends with a lot of the workers there, one of whom is
named Dot Turner. She had worked there for 40-plus years, started right
out of high school. And she had the indignity of--the last function
that she had to do at that plant was to scrape the tape off the floor
that laid the area for where the machinery had been; that was what she
had to do.
So I am here to tell you those stories, but also to say that this is
happening to way too many workers. Men and women like Dot Turner
understand the dignity that comes with having a good job and putting in
a good, hard day's work. They understand that a good career is a
pathway to a better future for themselves and for their families. But
too many people like Dot have been left behind.
So what are we going to do? What is ahead?
In just 9 days, President-elect Trump will take the oath of office
after running on a platform of making America great again. He said he
would do that by bringing home jobs that had been sent overseas.
Well, many my colleagues on this side of the aisle have been fighting
to protect American jobs for years. In fact, we have put forth real
solutions to spur growth in the manufacturing sector and get our middle
class back to work. We have introduced more than 80 bills in our Make
It In America agenda, but we have been blocked at so many turns.
So what kind of legislation is making it to the House floor instead?
Bills like the one we are going to be voting on soon; bills that would
make it more difficult for the Securities and Exchange Commission to
protect investors and consumers, would make it more difficult for that
to happen, and bills that would gamble the retirement savings of
everyday Americans as if we were a Trump casino.
Working families deserve more than a bumper sticker slogan. They know
that talk can be cheap in a place like Washington, D.C., and they are
tired of politicians putting billionaires over the little guy. That is
why this motion would ensure that our focus is on bringing back
outsourced jobs.
Working families need to know that we here in Washington are fighting
for them. Please join me, and let's show the American people that we
are serious about this issue.
Mr. Speaker, I yield back the balance of my time.
Mr. HUIZENGA. Mr. Speaker, I claim the time in opposition.
The SPEAKER pro tempore. The gentleman from Michigan is recognized
for 5 minutes.
Mr. HUIZENGA. Mr. Speaker, I have to commend my colleague. This is
close, but this isn't horseshoes. Words have meaning. And I have to
tell you that our underlying bill does actually do what you are talking
about.

{time} 1700

I will direct you to page 4.
Page 4: ``evaluate whether, consistent with obtaining regulatory
objectives, the regulation is tailored to impose the least burden on
society, including market participants, individuals, businesses of
different sizes, and other entities, including State and local
government entities, taking into account, to the extent practicable,
the cumulative costs of regulations.''

[[Page H447]]

So, what we have here, Mr. Speaker, is a problem. We have a problem
with U.S. businesses not performing the way that they should. We have
to understand, though, why that is happening.
I have to point out to my colleague that, frankly, we have fewer
publicly traded companies in this country right now. You have to ask
yourself why.
We have virtually no IPOs happening in this country. You have to ask
yourself why.
Well, we know the answer. It is because we have overly burdened
ourselves in this country and are no longer competitive.
In fact, here is what I look forward to on January 21: I look forward
to repealing the Tax Code that we have, and then we don't have to
worry; I am looking forward to repealing ObamaCare, and then we don't
have to worry; I am looking forward to real regulatory reform, and then
we don't have to worry about that as a country.
So, while this may be close on the objective of what our sponsor is
trying to do, I would recommend voting against this motion to recommit
and vote for the underlying bill.
Mr. Speaker, I yield back the balance of my time.
The SPEAKER pro tempore. Without objection, the previous question is
ordered on the motion to recommit.
There was no objection.
The SPEAKER pro tempore. The question is on the motion to recommit.
The question was taken; and the Speaker pro tempore announced that
the noes appeared to have it.

Recorded Vote

Mrs. BUSTOS. Mr. Speaker, I demand a recorded vote.
A recorded vote was ordered.
The SPEAKER pro tempore. This will be a 5-minute vote.
Pursuant to clause 9 of rule XX, this 5-minute vote on the motion to
recommit will be followed by a 5-minute vote on passage of the bill, if
ordered.
The vote was taken by electronic device, and there were--ayes 195,
noes 232, not voting 7, as follows:

[Roll No. 50]

AYES--195

Adams
Aguilar
Barragan
Bass
Beatty
Becerra
Bera
Beyer
Bishop (GA)
Blum
Blumenauer
Blunt Rochester
Bonamici
Boyle, Brendan F.
Brady (PA)
Brown (MD)
Brownley (CA)
Bustos
Butterfield
Capuano
Carbajal
Cardenas
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu, Judy
Cicilline
Clark (MA)
Clarke (NY)
Clay
Cleaver
Clyburn
Cohen
Connolly
Conyers
Cooper
Correa
Costa
Courtney
Crist
Crowley
Cuellar
Cummings
Davis (CA)
Davis, Danny
DeFazio
DeGette
Delaney
DeLauro
DelBene
Demings
DeSaulnier
Deutch
Dingell
Doggett
Doyle, Michael F.
Duncan (TN)
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Gottheimer
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Neal
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peters
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Rosen
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Schrader
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sinema
Sires
Slaughter
Smith (WA)
Soto
Speier
Suozzi
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOES--232

Abraham
Aderholt
Allen
Amash
Amodei
Arrington
Babin
Bacon
Banks (IN)
Barletta
Barr
Barton
Bergman
Beutler
Biggs
Bilirakis
Bishop (MI)
Bishop (UT)
Black
Blackburn
Bost
Brady (TX)
Brat
Bridenstine
Brooks (AL)
Brooks (IN)
Buchanan
Buck
Bucshon
Budd
Burgess
Byrne
Calvert
Carter (GA)
Carter (TX)
Chabot
Chaffetz
Cheney
Coffman
Cole
Collins (GA)
Collins (NY)
Comer
Comstock
Conaway
Cook
Costello (PA)
Cramer
Crawford
Culberson
Curbelo (FL)
Davidson
Davis, Rodney
Denham
Dent
DeSantis
DesJarlais
Diaz-Balart
Donovan
Duffy
Duncan (SC)
Dunn
Emmer
Farenthold
Faso
Ferguson
Fitzpatrick
Fleischmann
Flores
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gaetz
Gallagher
Garrett
Gibbs
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (LA)
Graves (MO)
Griffith
Grothman
Guthrie
Harper
Harris
Hartzler
Hensarling
Hice, Jody B.
Higgins (LA)
Hill
Holding
Hollingsworth
Hudson
Huizenga
Hultgren
Hunter
Hurd
Issa
Jenkins (KS)
Jenkins (WV)
Johnson (LA)
Johnson (OH)
Johnson, Sam
Jordan
Joyce (OH)
Katko
Kelly (MS)
Kelly (PA)
King (IA)
King (NY)
Kinzinger
Knight
Kustoff (TN)
Labrador
LaHood
LaMalfa
Lamborn
Lance
Latta
Lewis (MN)
LoBiondo
Long
Loudermilk
Love
Lucas
Luetkemeyer
MacArthur
Marchant
Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walker
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOT VOTING--7

Frankel (FL)
Mulvaney
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Zinke

{time} 1706

So the motion to recommit was rejected.
The result of the vote was announced as above recorded.
The SPEAKER pro tempore. The question is on the passage of the bill.
The question was taken; and the Speaker pro tempore announced that
the ayes appeared to have it.

Recorded Vote

Ms. MAXINE WATERS of California. Mr. Speaker, I demand a recorded
vote.
A recorded vote was ordered.
The SPEAKER pro tempore. This will be a 5-minute vote.
The vote was taken by electronic device, and there were--ayes 243,
noes 184, not voting 7, as follows:

[Roll No. 51]

AYES--243

Abraham
Aderholt
Allen
Amash
Amodei
Arrington
Babin
Bacon
Banks (IN)
Barletta
Barr
Barton
Bergman
Beutler
Biggs
Bilirakis
Bishop (GA)
Bishop (MI)
Bishop (UT)
Black
Blackburn
Blum
Bost
Brady (TX)
Brat
Bridenstine
Brooks (AL)
Brooks (IN)
Buchanan
Buck
Bucshon
Budd
Burgess
Byrne
Calvert
Cardenas
Carter (GA)
Carter (TX)
Chabot
Chaffetz
Cheney
Coffman
Cole
Collins (GA)
Collins (NY)
Comer
Comstock
Conaway
Cook
Costello (PA)
Cramer
Crawford
Cuellar
Culberson
Curbelo (FL)
Davidson
Davis, Rodney
Denham
Dent
DeSantis
DesJarlais
Diaz-Balart
Donovan
Duffy
Duncan (SC)
Duncan (TN)
Dunn
Emmer
Farenthold
Faso
Ferguson
Fitzpatrick
Fleischmann
Flores
Fortenberry
Foxx
Franks (AZ)
Frelinghuysen
Gaetz
Gallagher
Garrett
Gibbs
Gohmert
Goodlatte
Gosar
Gottheimer
Gowdy
Granger
Graves (GA)
Graves (LA)
Graves (MO)
Griffith
Grothman
Guthrie
Harper
Harris
Hartzler
Hensarling
Hice, Jody B.
Higgins (LA)
Hill
Holding
Hollingsworth
Hudson
Huizenga
Hultgren
Hunter
Hurd
Issa
Jenkins (KS)
Jenkins (WV)
Johnson (LA)
Johnson (OH)
Johnson, Sam
Jordan
Joyce (OH)
Katko
Kelly (MS)
Kelly (PA)
King (IA)
King (NY)
Kinzinger
Knight
Kustoff (TN)
Labrador
LaHood
LaMalfa
Lamborn
Lance

[[Page H448]]

Latta
Lewis (MN)
LoBiondo
Long
Loudermilk
Love
Lucas
Luetkemeyer
MacArthur
Marchant
Marino
Marshall
Massie
Mast
McCarthy
McCaul
McClintock
McHenry
McKinley
McMorris Rodgers
McSally
Meadows
Meehan
Messer
Mitchell
Moolenaar
Mooney (WV)
Mullin
Murphy (PA)
Newhouse
Noem
Nunes
Olson
Palazzo
Palmer
Paulsen
Pearce
Perry
Peters
Pittenger
Poe (TX)
Poliquin
Posey
Ratcliffe
Reed
Reichert
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rogers (KY)
Rohrabacher
Rokita
Rooney, Francis
Rooney, Thomas J.
Ros-Lehtinen
Rosen
Roskam
Ross
Rothfus
Rouzer
Royce (CA)
Russell
Sanford
Scalise
Schrader
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Shimkus
Shuster
Simpson
Sinema
Smith (MO)
Smith (NE)
Smith (NJ)
Smith (TX)
Smucker
Stefanik
Stewart
Stivers
Suozzi
Taylor
Tenney
Thompson (PA)
Thornberry
Tiberi
Tipton
Trott
Turner
Upton
Valadao
Wagner
Walberg
Walden
Walker
Walorski
Walters, Mimi
Weber (TX)
Webster (FL)
Wenstrup
Westerman
Williams
Wilson (SC)
Wittman
Womack
Woodall
Yoder
Yoho
Young (AK)
Young (IA)
Zeldin

NOES--184

Adams
Aguilar
Barragan
Bass
Beatty
Becerra
Bera
Beyer
Blumenauer
Blunt Rochester
Bonamici
Boyle, Brendan F.
Brady (PA)
Brown (MD)
Brownley (CA)
Bustos
Butterfield
Capuano
Carbajal
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu, Judy
Cicilline
Clark (MA)
Clarke (NY)
Clay
Cleaver
Clyburn
Cohen
Connolly
Conyers
Cooper
Correa
Costa
Courtney
Crist
Crowley
Cummings
Davis (CA)
Davis, Danny
DeFazio
DeGette
Delaney
DeLauro
DelBene
Demings
DeSaulnier
Deutch
Dingell
Doggett
Doyle, Michael F.
Ellison
Engel
Eshoo
Espaillat
Esty
Evans
Foster
Fudge
Gabbard
Gallego
Garamendi
Gonzalez (TX)
Green, Al
Green, Gene
Grijalva
Gutierrez
Hanabusa
Hastings
Heck
Higgins (NY)
Himes
Hoyer
Huffman
Jackson Lee
Jayapal
Jeffries
Johnson (GA)
Johnson, E. B.
Jones
Kaptur
Keating
Kelly (IL)
Kennedy
Khanna
Kihuen
Kildee
Kilmer
Kind
Krishnamoorthi
Kuster (NH)
Langevin
Larsen (WA)
Larson (CT)
Lawrence
Lawson (FL)
Lee
Levin
Lewis (GA)
Lieu, Ted
Lipinski
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham, M.
Lujan, Ben Ray
Lynch
Maloney, Carolyn B.
Maloney, Sean
Matsui
McCollum
McEachin
McGovern
McNerney
Meeks
Meng
Moore
Moulton
Murphy (FL)
Nadler
Napolitano
Neal
Nolan
Norcross
O'Halleran
O'Rourke
Pallone
Panetta
Pascrell
Payne
Pelosi
Perlmutter
Peterson
Pingree
Pocan
Polis
Price (NC)
Quigley
Raskin
Rice (NY)
Richmond
Roybal-Allard
Ruiz
Ruppersberger
Rush
Sanchez
Sarbanes
Schakowsky
Schiff
Schneider
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Sires
Slaughter
Smith (WA)
Soto
Speier
Swalwell (CA)
Takano
Thompson (CA)
Thompson (MS)
Titus
Tonko
Torres
Tsongas
Vargas
Veasey
Vela
Velazquez
Visclosky
Walz
Wasserman Schultz
Waters, Maxine
Watson Coleman
Welch
Wilson (FL)
Yarmuth

NOT VOTING--7

Frankel (FL)
Mulvaney
Pompeo
Price, Tom (GA)
Rutherford
Ryan (OH)
Zinke

{time} 1712

So the bill was passed.
The result of the vote was announced as above recorded.
A motion to reconsider was laid on the table.

____________________