[Congressional Record Volume 171, Number 209 (Thursday, December 11, 2025)]
[House]
[Page H5805]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
STOPPING UTILITY COMPANIES FROM PAYING BONUSES TO THEIR CEOS
(Mr. RILEY of New York asked and was given permission to address the
House for 1 minute.)
Mr. RILEY of New York. Mr. Speaker, I just introduced bipartisan
legislation to stop utility companies from paying bonuses to their
CEOs.
This bipartisan bill is for folks in upstate New York working hard to
pay their bills and raise their families. They are good, honest people
who are sick and tired of being screwed over, ripped off, and left
behind in an economy that is rigged against them.
There is a retired nurse in Endicott raising her grandkids on a fixed
income, and right now she is trying to decide between the NYSEG bill
and the toys on the kids' Santa list. There is a senior in Cochecton
who stopped taking her prescriptions because she can't afford the meds
and the NYSEG bill. There is a public schoolteacher in Ithaca who had
to pick up a second job to make ends meet and still worries about
losing her home this winter.
While these families are scraping by, the foreign-owned utility
monopolies are jacking up rates again and doling out millions of
dollars to CEOs sitting in boardrooms halfway around the world.
Enough is enough.
My bipartisan bill says we are not going to take it anymore. We are
not going to let you take money out of our pockets to line the pockets
of corporate executives in Spain.
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