[Congressional Record Volume 170, Number 75 (Wednesday, May 1, 2024)]
[House]
[Page H2780]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SEC NEW CLIMATE DISCLOSURE RULE
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Nebraska (Mr. Flood) for 5 minutes.
Mr. FLOOD. Mr. Speaker, I rise today to address the Securities and
Exchange Commission's new climate disclosure rule.
Since President Biden took office, his agencies have weaponized
rulemaking to impose job-crushing regulations. In just 3 years, he has
dramatically expanded the Waters of the U.S. rule, issued presidential
executive orders, and established a new climate corps.
The new climate disclosure rule requires extensive disclosures on
CO2 and other theoretical climate risks.
{time} 1100
These disclosure requirements will have devastating downstream
consequences. The rule will likely serve as a gift to activist lawyers
looking for reasons to declare open season on industries they oppose.
It is a breathtaking expansion of regulatory power by an unelected
agency using power that was not delegated to it by Congress. The SEC
should stick to its core mission of regulating financial markets and
get out of its newfound hobby of dabbling in climate alarmism.
I applaud the work of my Financial Services Committee colleagues and
the Western Caucus on pushing back against this draconian rule, and I
hope to see it repealed.
Congratulating Chancellor Doug Kristensen
Mr. FLOOD. Madam Speaker, I rise today to thank Chancellor Doug
Kristensen for his 22 years of service to the University of Nebraska at
Kearney.
After 14 years in the State legislature, many of those as speaker of
our unicameral body, he was named chancellor at UNK and became the
longest-serving chancellor in the university's history.
Chancellor Kristensen, a native of Kearney, has been described as a
champion for UNK and rural Nebraska. During his time in the State
legislature, he helped shepherd then Kearney State College into the
University of Nebraska system. His leadership has been nothing less
than transformative.
From new housing to athletic facilities, Kristensen oversaw many of
these priorities during his two decades of leadership. One of his most
successful achievements was helping grow rural Nebraska's healthcare
workforce.
Chancellor Kristensen's work at UNK will have a lasting impact on
Nebraska for generations to come.
I congratulate him on an outstanding career, thank him for his
service to the State and the university, and wish him the best in his
next chapter.
Recognizing Luke Farritor
Mr. FLOOD. Madam Speaker, I rise today to recognize Luke Farritor, a
University of Nebraska at Lincoln student who recently won the Vesuvius
Challenge grand prize by deciphering passages of text from digital
scans of a carbonized scroll. This young man is smart.
Last year, Farritor, a Lincoln native, decided to take on the
challenge of deciphering text on papyrus charred into a lump of carbon
by the eruption of Mount Vesuvius.
Because the scrolls were carbonized, they are virtually impossible to
unroll without destroying them. Farritor created a machine-learning
model that senses tiny differences that can reveal ink. Yes, he is that
smart.
Along the way, he enlisted help from peers across the globe to pitch
in and decipher the burnt scrolls recovered from an ancient library.
Luke and his team ultimately submitted 15 passages containing more
than 2,000 characters. The work contained in the passages they
recovered hadn't been read since at least 79 A.D.
Congratulations to Luke. His innovative talent has already taken him
far. We look forward to seeing what challenge he takes on next.
We hope he stays in Nebraska. We want him to live there.
Thanking Meteorologists in Nebraska
Mr. FLOOD. Madam Speaker, I want to talk about something that was
very destructive last Friday. We had several EF3 and EF2 tornadoes
ravage portions of my district, Congressman Bacon's district, and
Congressman Smith's district.
The silver lining here is that the meteorologists at the National
Weather Service office in Valley, Nebraska, used all of their talents,
all of the equipment, and everything in the power of the National
Weather Service to identify these tornadoes and get that lifesaving
information to the people.
What they did saved lives. We did not lose one person's life in the
State of Nebraska. Over 400 homes were destroyed.
I also want to say as a Nebraska broadcaster myself, the men and
women of the Nebraska broadcasting companies, in multiple languages,
went to work and got Nebraskans the information they needed to take
shelter and stay away from these potentially and very obviously
dangerous tornadoes.
We ought to be proud of this Federal agency, the National Weather
Service. We ought to be proud of what they do. They don't get the
credit very often.
I also recognize the broadcasters not just in Nebraska but everywhere
in our great country that go to work every day to get people lifesaving
information. In this case, you can look at everything that happened.
Our emergency alert system worked. Our meteorologists and our TV
meteorologists and radio and television folks came together to deliver
for the great State.
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