I believe we have done a great deal since the financial crisis to strengthen the financial system and to make it more resilient.

I would support the principles that Governor Powell put forward.

It is challenging to move productivity growth up that much.

Well, this is really not a job for the Federal Reserve. It is a job for Congress and the Administration.

It most likely would.

Mr. Chairman, I thank the gentleman for yielding. Last winter, two miracles occurred 3,000 miles apart. Here in Washington, our Nation's Capital, Republicans and Democrats came together and passed a significant water bill that was signed…

this is a very important topic.

Mr. Chairman, this is a commonsense amendment that has bipartisan support. Frankly, I think as we learned so much more about how the hydrology of California's water systems develop, we need to take advantage of that knowledge. And this…

Mr. Chair, I thank the gentleman for yielding me this time. This amendment is about rescheduled water, and this is a technical term that, for people who aren't familiar with water use in California and other parts of the country, it allows…

Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I would like to first, again, thank the Rules Committee chair and Ranking Member Slaughter for making my amendment in order, as well as acknowledge my colleague from…

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 title II, add the following: SEC. 204. HEADWATER-RESTORATION SCOPING STUDY. The…

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. Costa). The amendment was agreed to. Amendment No. 3 Offered by Mr. Costa The Acting CHAIR…

Mr. Chairman, I yield 30 seconds to the gentleman from California (Mr. Huffman), who is from Marin County.

I yield to the gentleman from California. Mr. McCLINTOCK. Mr. Chairman, I have no objection to this amendment. I thank the gentleman from Fresno, California, for his constructive contribution to this process.

Mr. Chair, I yield myself such time as I may consume. I would like to first thank the Rules Committee chairman, and the ranking member, Ms. Slaughter, for making my amendment in order. Mr. Chair, groundwater storage is a central element of…

I thank the gentleman for yielding. That is correct. I know this was offered 5 years ago. I would like to point out, though, in the last 5 years of the drought conditions, we have learned a whole lot more about the flexibility and how you…

Will the gentleman yield? Mr. McCLINTOCK. I yield to the gentleman from California.

Mr. Chair, I thank the gentleman for yielding. Fixing California's broken water system, as we all know, involves multiple strategies. Recycled water, on-farm recharge, and other innovative methods of increasing water supply, we have found…