Ms. Porter has a bill that would strengthen the SEC civil penalty authorities by increasing the size of the penalties and by authorizing the SEC to seek different kinds of penalties for different kinds of violations.
Katie Porter
The Public Record
Katie Porter is an American attorney and politician serving as the U.S. Representative for California's 47th congressional district since January 3, 2019. A member of the Democratic Party, she has gained recognition for her advocacy on consumer protection and accountability in government. Porter is known for her engaging questioning style during congressional hearings, often using visual aids to illustrate her points and hold corporations accountable. She has focused on issues such as healthcare, economic inequality, and the rights of consumers.
According to then-SEC Chairwoman Mary Schapiro, the Commission's statutory authority to obtain civil monetary penalties with appropriate deterrent effect is limited in many circumstances.
The SEC's penalty scheme is outdated and it is ineffective in disincentivizing bad behavior.
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 49, line 17, after the dollar amount, insert ``(increased by $1,000,000)''. Page 90, line 6, after the…
I thank the chairwoman for her remarks, and I reserve the balance of my time.
This amendment would ultimately save dollars, as explained by Chairwoman DeLauro. It would reduce uninsurance rates, particularly in populations that are receiving less care. This is, ultimately, a bill that will reduce the costs of our…
It is not eating cake to want women to be safe in their homes and from their partners. I know a lot about tough decisions and about priorities, and I have faced tough decisions about how to protect my own family. And I am proud that it is…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 108, strike lines 8 through 11 and insert the following: (1) Detailed monthly enrollment figures from…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 75, line 4, after the dollar amount, insert ``(increased by $2,000,000)''. The Acting CHAIR. Pursuant…
I thank Representative Omar for her remarks, and I yield back the balance of my time. ____________________
Given these problems, the outcome is that FHA is the leading cause of blighted homes in the United States.
Despite the enactment of marriage equality in 2015, same-gender couples continue to experience persistent and pervasive discrimination when it comes to home ownership. A recent study by Iowa State University found systemic discrimination…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: In section 2, insert ``, including any such action that would result in a decrease in the number of such…
This weekend, college students around the country will cross the graduation stage, accept their diplomas, and get ready to begin their careers. It will be a weekend of well-deserved celebration. Their hard work and years of study have paid…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 7, after line 5, insert the following: (9) Article 10 of the Paris Agreement states that ``Parties…
I am honored to be here today to introduce my amendment to the Climate Action Now Act, which highlights the critical role of technology in the fight against climate change. The United States must continue to invest in research and…
I just want to clarify that this amendment doesn't define the power that the FCC would have to regulate, but would merely make sure that, when it does take action, the companies are held accountable for the fines that are imposed. I…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Add at the end the following: SEC. 4. REPORT BY FCC ON ENFORCEMENT ACTIONS. Not later than 1 year after the…
The Save the Internet Act of 2019 empowers the Federal Communications Commission, the FCC, to enforce net neutrality, protect consumers, and assist them with complaints against their internet service providers. The FCC can fine internet…
I have an amendment at the desk, Mr. Chairman. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 11, line 24, strike ``and''. Page 15, line 12, strike the period at the end and insert…
I am honored to be here today to introduce my amendment to the Violence Against Women Act, which integrates the term ``economic abuse'' throughout the legislation. I wrote this amendment to ensure that this largely invisible abuse is…
It would seem to me that the SEC Chairman should be here as he is responsible for the Commission's current approach.
It is convenient for your lawyers to deflect blame in court and say that your rebranding campaign can be ignored as hyperbolic marketing.
I was very involved with the national mortgage settlement--I was the California monitor for the settlement.





