On the recordDecember 8, 2020
Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, H.R. 683 closes a loophole under current law by establishing disclosure requirements regarding actual or potential conflicts of interest in the Bankruptcy Code process under PROMESA. In doing so this legislation promotes transparency and accountability in the Puerto Rico restructuring process. I, again, thank my colleague, the gentlewoman from New York (Ms. Velazquez), the author of this bill, for her leadership on this issue, and I strongly urge my colleagues to support this commonsense measure. Before closing, since this will likely be the final bill within this subcommittee's jurisdiction considered on the floor of this Congress, I want to take a moment to recognize the outstanding career of the ranking member of the subcommittee and my friend, Congressman Jim Sensenbrenner. As part of his distinguished career, he has left an indelible mark on the Judiciary Committee, on Congress, and on our country. We recently celebrated those contributions in a ceremony held by the committee. Congressman Sensenbrenner has never hesitated to work across party lines in service of hardworking Americans. As the incoming chairman of the subcommittee, I looked to him for leadership in the beginning of the Congress. Since then, he has been a tremendous source of advice and wisdom over the past 2 years.…





