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Part of the calculus, part of the result, part of the impact of implementing this would be that we are knowingly redistributing that revenue from one party to another.
If we take that minimum wage to $15 in our State, where does that money come from?
I would like to ask Senator Menendez, is it your understanding that your amendment does not affect any existing legal authorities governing the use of military force?
If there is no further business to come before the Senate, I ask that it stand adjourned under the previous order. There being no objection, the Senate, at 7:36 p.m., adjourned until Tuesday, December 18, 2018, at 10 a.m.
I ask that the Chair lay before the Senate the message to accompany S. 2511. The Presiding Officer laid before the Senate the following message from the House of Representatives: Resolved, That the bill from the Senate (S. 2511) entitled…
We all need to redouble our efforts in that regard.
The difficulty with that is when you get a large corporation that the consumers can really put the screws to.
I have listened carefully to all the suggestions that you have.
I think, Ms. Bader-Blau, your testimony about the problems is well accepted.
This is really a nonpartisan issue. This is a bipartisan issue.
I think, and sometimes in this committee we do have a tendency to politicize everything, and this is a cause that really is not political.
These are critical issues that we need to face and deal with.
I think it is about time that we had a serious policy conversation in this country about whether that State-by-State approach is reasonable and whether it is the best way to protect consumers.
Our economy is finally getting back on track, and full implementation of S. 2155 will continue to drive growth and improve economic health to the benefit of families across America.
We encourage you to use your discretion to address the overly broad application of these provisions.
I commend those efforts and encourage the Fed to continue to move forward on those aggressively.
I would like to encourage each of you to quickly implement S. 2155 and significantly tailor regulations for banks.