I want to highlight just how rushed the process for this bill has been. I remind my colleagues that this bill was only introduced 5 days ago, on Friday of last week. The notice of the Rules Committee hearing for this bill went out the same day that the bill was introduced, and the hearing happened the very next Monday. That timing didn't give Members and staff so much as a single business day to prepare, let alone for the Treasury Department and outside groups to conduct their own analyses. Needless to say, there hasn't been a single hearing on this bill, nor has it ever been marked up. To top it all off, the rule providing for consideration of the bill gives Members no opportunity for amendment. Considering we just passed legislation to address the very concerns that this bill purports to tackle, I can see no policy reason as to why we are moving ahead with this bill so hastily. Given the serious defects with this bill, I don't understand why Republican leadership is denying Members the opportunity to properly assess these issues. My colleagues on the other side of the aisle have insisted on following regular order again and again, so I would urge them to heed their own calls on this bill and allow this body to properly consider this legislation. Mr. Speaker, I reserve the balance of my time.
Share
More from Maxine Waters
While no compromise is perfect, this legislation reflects meaningful progress and incorporates over 50 housing and banking provisions which Democrats fought to secure, but our work is far from done.
Mr. Chair, I have heard a lot from Republicans about how the INVEST Act will expand access to capital and increase investor opportunity. The inclusion of three poison pills in this bill shows they are not serious about protecting the…
Mr. Speaker, given the human rights violations committed by the Burmese leadership, we must ensure that no new funds are disbursed to the government. In line with longstanding U.S. policy, America should urge multilateral institutions like…
Our economy is struggling. People cannot afford groceries and gas. Every day, it seems more and more people are getting laid off. The American Dream is increasingly out of reach. A core engine of our economy has always been the…





