On the recordFebruary 7, 2018
Mr. President, reserving the right to object, I thank my friend from Iowa for his continued efforts both on behalf of Mr. Northey and working to find a commonsense solution to the issue that has thus far delayed Northey's confirmation. The phrase ``my friend'' is used often in this body. Sometimes it is used in a hollow manner, but in this instance, Senator Grassley is my friend. He and I have worked together closely on a great many matters, especially on the Judiciary Committee, and I have every confidence that we will continue to work together closely for many years to come. On this issue, Mr. Northey could have been confirmed in November. He could have been confirmed in January. He could have been confirmed this month. But that has not happened yet. It is my hope that Mr. Northey will be confirmed. It is my hope that he will be confirmed swiftly and expeditiously, but the critical element for that to happen is for us to find a solution to a problem that is threatening tens of thousands of jobs across this country. That problem arises from what is known as the Renewable Fuel Standard. The Renewable Fuel Standard established through the EPA is a system called RINs. Now, most people don't know what a RIN is. A RIN is a renewable identification number. It was something made up by the EPA. It didn't used to exist. They created RINs, and they sell RINs to refineries. RINs are designed to be an enforcement mechanism for the Renewable Fuel Standard, but there is a problem.…
Source
govinfo.gov




