On the recordJuly 9, 2019
I am honored to present this legislation, but I am more honored to acknowledge something that is exceedingly important. The chairwoman of the committee, the Honorable Maxine Waters, has, under her leadership in this Congress, produced many pieces of bipartisan legislation. This is but a continuation of her legislative record. I want to commend her for her efforts, and I would also like to salute Mr. McHenry and the persons who are across the aisle for their efforts, as well, in producing bipartisan legislation. I thank Mr. Barr for his assistance and his help. He is the Oversight ranking member, and he and I will be working together on many pieces of legislation. I am honored today to say that this piece of legislation was born as a result of honorable intentions metamorphosing into unintended consequences, honorable intentions. When we passed Dodd-Frank in 2010, we sought to add additional protections for whistleblowers above and beyond what was accorded in Sarbanes-Oxley. In so doing, with the best of intentions, we found that this legislation was taken before the Supreme Court of the United States of America, and the Supreme Court concluded--and I don't quarrel with their conclusion, but the Supreme Court concluded that the legislation would apply only if the person who was a whistleblower took the concern to the SEC first. I don't quarrel with what the Supreme Court ruled.…





