Political Quotes

On the recordSeptember 9, 2016
Mr. Speaker, I reserve a point of order. The SPEAKER pro tempore. A point of order is reserved. The Clerk will report the motion to recommit. The Clerk read as follows: Mrs. Torres moves to recommit the bill H.R. 5424 to the Committee on Financial Services with instructions to report the same back to the House forthwith with the following amendment: Add at the end the following: SEC. 8. REPORT ON EMERGENCY VEHICLE RESPONSE TIMES OF COMPANIES OWNED BY PRIVATE FUNDS. (a) In General.--Section 204(b) of the Investment Advisers Act of 1940 (15 U.S.C. 80b-4(b)) is amended by adding at the end the following: ``(12) Report on emergency vehicle response times of companies owned by private funds.-- ``(A) In general.--Each investment adviser required to file annual or other reports under this section and who advises a private fund that owns a controlling interest in an emergency services company shall, not less often than annually, disclose to the Commission-- ``(i) the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the emergency services company, disaggregated by the response times of emergency vehicles deployed to-- ``(I) rural areas; and ``(II) urban areas; ``(ii) if a required response time is established by a contract for emergency services between the emergency services company and a unit of local government or by an ordinance of a unit of local government, the percentage of response times of emergency vehicles d…
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Jeb Hensarling
Republican · Texas

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Frankly, Congress hasn't spoken on issues like this since 1930. We have just been frozen out of the process on an issue that can impact the entire world.

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