[Congressional Record Volume 169, Number 37 (Monday, February 27, 2023)]
[Daily Digest]
[Pages D157-D158]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
REDUCE EXACERBATED INFLATION NEGATIVELY IMPACTING THE NATION ACT; 
PROVIDING FOR CONGRESSIONAL DISAPPROVAL UNDER CHAPTER 8 OF TITLE 5, 
UNITED STATES CODE, OF THE RULE SUBMITTED BY THE DEPARTMENT OF LABOR 
RELATING TO PRUDENCE AND LOYALTY IN SELECTING PLAN INVESTMENTS AND 
EXERCISING SHAREHOLDER RIGHTS
Committee on Rules: Full Committee held a hearing on H.R. 347, the 
``Reduce Exacerbated Inflation Negatively Impacting the Nation Act''; 
and H.J. Res. 30, providing for congressional disapproval under chapter 
8 of title 5, United States Code, of the rule submitted by the 
Department of Labor relating to ``Prudence and Loyalty in Selecting 
Plan Investments and Exercising Shareholder Rights''. The Committee 
granted, by record vote of 9-4, a rule providing for consideration of 
H.R. 347, the ``Reduce Exacerbated Inflation Negatively Impacting the 
Nation Act'', and H.J. Res. 30, Providing for congressional disapproval 
under chapter 8 of title 5, United States Code, of the rule submitted 
by the Department of Labor relating to ``Prudence and Loyalty in 
Selecting Plan Investments and Exercising Shareholder Rights''. The 
rule provides for consideration of H.R. 347, the Reduce Exacerbated 
Inflation Negatively Impacting the Nation Act, under a structured rule. 
The rule waives all points of order against consideration of the bill. 
The rule provides one hour of general debate equally divided and 
controlled by the chair and ranking minority member of the Committee on 
Oversight and Accountability or their respective designees. The rule 
provides that the bill shall be considered as read. The rule waives all 
points of order against provisions in the bill. The rule further makes 
in order only those amendments printed in the Rules Committee report. 
Each such amendment may be offered only in the order printed in the 
report, may be offered only by a Member designated in the report, shall 
be considered as read, shall be debatable for the time specified in the 
report equally divided and controlled by the proponent and an opponent, 
shall not be subject to amendment, and shall not be subject to a demand 
for division of the question in the House or in the Committee of the 
Whole. All points of order against the amendments are waived. The rule 
provides one motion to recommit. The rule further provides for 
consideration of H.J. Res. 30, providing for congressional disapproval 
under chapter 8 of title 5, United States Code, of the rule submitted 
by the Department of Labor relating to ``Prudence and Loyalty in 
Selecting Plan Investments and

[[Page D158]]

Exercising Shareholder Rights'' under a closed rule. The rule waives 
all points of order against consideration of the joint resolution. The 
rule provides one hour of general debate equally divided and controlled 
by the chair and ranking minority member of the Committee on Education 
and the Workforce or their respective designees. The rule provides that 
the joint resolution shall be considered as read. The rule waives all 
points of order against provisions in the joint resolution. The rule 
provides one motion to recommit. Testimony was heard from Chairman 
Foxx, Chairman Comer, and Representatives Raskin, Scott of Virginia, 
Molinaro, and Obernolte.

Joint Meetings
  No joint committee meetings were held.