Congresswoman Lee has, I think appropriately, mentioned several Members who have worked hard on this legislation. And historically in this Congress the House has come together to work very hard in a bipartisan way, not always successfully. Several years ago, we passed a capital market sanction unanimously out of the House. It went to the Senate, and unfortunately it died there. We're voting on legislation that passed the House this last July with a vote of 418-1. It supports the decisions of State and local legislatures and fund managers to divest from companies doing business in Sudan. However, the bill before us today does not require the government to create or be the source of a 'black list' for such companies. We all know the SEC had some problems with maintaining such a list, and at times was inaccurate. For this reason, the Senate version is more acceptable to the administration and to many of us in the House. Some have said today's legislation is too little, too late, but that certainly is not the case for more than 1 million innocent men, women and children who have somehow survived the genocide and slaughter in Sudan. We can't rewrite history or save lives already lost in Darfur; however, we can and we must resolve to do better going forward.
On the recordDecember 18, 2007
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govinfo.govEditor's note · Context
Discussing legislation related to divestment from companies doing business in Sudan.
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