The gentlelady yields back.

What we are sending is a clear message to all corporations that what they can do is lie to the American people, cause mass destruction, profit off it and go home with all of their money and be protected by the bankruptcy proceedings.

The civil justice system will work to prevent another serial pedophile from infiltrating these organizations because these organizations like the Olympic Committee will learn to Act more responsibly.

Thank you, Mr. Chair.

The powerful are exploiting the Chapter 11 bankruptcy process. Bankruptcy law is complicated, but their playbook is simple.

Thank you so much.

This must end. We cannot allow this complete and total misuse of the bankruptcy system to escape the reckoning that the law must provide.

That is why I am proud to join Chair Nadler, Chair Maloney, Senator Durbin, and Senator Warren in introducing the Non-Debtor Release Prohibition Act of 2021.

I want to thank Senator Elizabeth Warren for our work together to develop this important legislation.

The bankruptcy system is supposed to work for everyone, but in many cases, it works only for the powerful.

Thank you, Professor.

Before closing, I want to recognize the leadership of Chair Nadler, who has pushed tirelessly to safeguard and advance the rights of workers, students, and consumers in the bankruptcy system.