Mr. Speaker, I rise in opposition to H.R. 367, the REINS Act. I have profound concerns with the REINS Act. This bill would undermine the ability of agencies to protect the public interest. It is a continuation of the majority's obstructionist approach that led to sequestration. This deregulatory train wreck threatens to send us back to the days before the Wall Street collapse, a financial catastrophe that could have been avoided by responsible policies. This bill comes from the same brain trust that pulled the bill for transportation funding yesterday. Apparently, $4.4 billion in budget cuts is not good enough for these Republicans. And now we consider the REINS Act, a bill that would require Congress to have the final say on regulations. Stop and think about that. The same House Republicans that could not vote to fund transportation now want to have the final say on all major rules. Never mind that Congress already has that power under the Congressional Review Act. Never mind that House Republican leadership tried this same maneuver in 2011. {time} 1830 If Republican leadership truly believed in growing the economy and creating jobs, we would have come together with a grand bargain long ago. We could even vote on job-creating legislation to strengthen the middle class. But instead, this Republican Congress insists on voting on a messaging bill that will go absolutely nowhere.…
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