Ed Royce

You told the committee in November that if the economy were to deteriorate in a significant way, potentially anything, including negative interest rates, would be on the table.

The reason this legislation is on the floor, frankly, is because of the anemic economic growth that the United States is facing. We have got less than 2 percent economic growth. If we are going to figure out a way to get the economic…

I guess the real surprise here is just how much money we are talking about in terms of revenues to these governments in the Western hemisphere, and across the developing world.

I ask unanimous consent that all Members may have 5 legislative days to revise and extend their remarks and to include extraneous material on this bill. The SPEAKER pro tempore. Is there objection to the request of the gentleman from…

I yield myself such time as I may consume. Mr. Speaker, my coauthor on this bill is the ranking member, Eliot Engel of New York, and I wanted to thank him as well and our 27 bipartisan cosponsors for their support. This is the Trafficking…

At present, multiple U.S. Government agencies are working to combat human trafficking and child sex tourism, but there has been a troubling lack of coordination and information sharing and notifications to foreign countries that a…

I again thank all of this bill's cosponsors in the House and in the Senate as well as the House and Senate staffs, particularly Nilmini Rubin. I also thank Andy Olson, whose hard work has gotten us here today. I also acknowledge Andrew…

I want to thank Mr. Brendan Boyle of Pennsylvania for his work on this. On the heels of Human Trafficking Awareness Month, I think it is important that we as an institution take this opportunity to ensure that our own overseas contracting…

I yield 3 minutes to the gentleman from Oklahoma (Mr. Russell), author of this legislation.

On that I demand the yeas and nays. The yeas and nays were ordered. The vote was taken by electronic device, and a result was announced. The vote was subsequently vacated by order of the House, and pursuant to clause 8 of rule XX and by…

I appreciate all the Members who have engaged in this debate. As Ranking Member Engel noted, this is not usually the place we find ourselves. What we have seen from Iran over the last few months is that the Iranian threat isn't going away…

I want to recognize Congressman Russell for his work on this legislation, the Iran Terror Finance Transparency Act. I think we should all reflect on the reason for this resolution, one of the reasons, and that is that, since the Obama…

I yield myself such time as I may consume. Mr. Speaker, I appreciate Leader McCarthy working with myself, working with Ranking Member Eliot Engel of New York to schedule this legislation for floor consideration. Last week, North Korea…

How difficult would it be to break out the subsidy? How difficult would it be to make transparent the amount that the government or that the other taxpayers are covering on behalf of the homeowner?

It seems to me that if you can capture the information, that the increased transparency there would have a positive impact on future decision-making because it would probably decrease moral hazard.

We have the opportunity today to show Americans and the world that Congress is willing to lead on this vital national security issue. This is an issue that Congress has been focused on, obviously, for some time. I have spent much of my…

We should probably ask the GAO to see if we can find a very inexpensive way in order to create a template here.

This is a bipartisan bill, as I pointed out. And I do want to thank Chaka Fattah, the chief Democrat cosponsor; Matt Salmon, who has done yeoman's work on this issue and cares deeply about it.

We are about 2 months into the deal, and, as has been duly noted by both sides of this committee, Iran's behavior has gotten worse.

It has accelerated its missile program; it has violated the U.N. sanctions in doing so.

I was proud to be a member of this committee when we passed CISADA, and, under that legislation, banks facilitating transactions that supported Iran's efforts to acquire WMDs, finance terror, launder money, support the IRGC, et cetera…

And I want to thank Ranking Member Engel and I want to thank all of you on the committee and our staff for the work that went into today's markup.

This important legislation makes several important changes.

I will reluctantly oppose this bill.

Make no mistake, these weaknesses overseas put us in danger here at home.