Political Quotes

Jeb Hensarling: I reserve a point of order on the gentleman's motion. The SPEAKER pro tempore. A point of order on the motion is…

On the recordFebruary 14, 2018
I reserve a point of order on the gentleman's motion. The SPEAKER pro tempore. A point of order on the motion is reserved. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Capuano moves to recommit the bill H.R. 3978 to the Committee on Financial Services with instructions to report the same back to the House forthwith with the following amendment: Page 5, line 13, strike ``and''. Page 5, line 14, strike the period and insert ``; and''. Page 5, after line 14, insert the following: ``(D) has claw back policies to require any executive officer incentive-based compensation to be clawed-back in the event that the issuer is required to prepare an accounting restatement due to the material noncompliance of the issuer with any financial reporting requirement under the securities laws (as defined in section 3(a) of the Securities Exchange Act of 1934), regardless of whether such compensation was paid to an officer who was a party to the actions that resulted in such restatement.''. Mr. CAPUANO (during the reading). Mr. Speaker, I ask unanimous consent that the motion be considered as read. The SPEAKER pro tempore. Is there objection to the request of the gentleman from Massachusetts?
Said by
Jeb Hensarling
Republican · Texas
Source
govinfo.gov
Feb 14, 2018

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