Thomas A. Garrett

I have an amendment at the desk. The Acting CHAIR. The Clerk will report the amendment. The Clerk read as follows: At the end of the bill (before the short title), insert the following: Sec. __. None of the funds made available by this Act…

I have an amendment at the desk. The Acting CHAIR. The Clerk will report the amendment. The Clerk read as follows: Page 44, line 13, after the dollar amount, insert ``(increased by $16,930,000)''. Page 52, line 16, after the dollar amount…

I thank the gentlewoman for her efforts. Mr. Speaker, at this point, I yield 2 minutes to the gentleman from Indiana (Mr. Stutzman).

I thank the gentlelady for her assistance in this matter. Also, you made reference to Mrs. Maloney from New York for her work as well. She is not on the floor right now, but I certainly do appreciate her efforts with the legislation and in…

Obviously the markets have already disagreed with the gentleman by the pricing of their shares. Mr. Chairman, at this point, I yield such time as he may consume to the gentleman from Florida (Mr. Crenshaw), the chairman.

I thank the gentleman from Georgia for his support for this legislation and for the amendment. I yield now the remainder of my time to the chairman of the committee, and congratulate him for his great work on the underlying legislation…

Great. I would like to hear from our chairman. Before that, Mr. Chairman, I yield 1 minute to the gentleman from Georgia (Mr. David Scott).

Right, but we do nothing in this amendment to take away from the CFTC their enforcement authority. They retain that. All that has changed is the registration requirement. The CFTC and the SEC retain both their mutual and harmonious, if you…

Your last sentence was that you do not wish to rely on just one entity--presumably the SEC--in the enforcement of these contracts and so on and so forth.

In the end, Mr. Speaker, what we are intending to do here is to allow for the Justice Department to proceed when there is evidence of intentional discrimination. But when there is no evidence whatsoever, when it is purely on statistics…

You just said something. You said that the Justice Department will not go after them if a whole set of policies result in discriminations.

At this time, we are now joined by the sponsor of the bill, the gentleman from Kentucky, who, as was indicated, worked in a bipartisan manner to get it out of committee, here on the floor. And I assume we are going to see a strong…

At this time, we are joined by the original sponsor of the legislation. I yield such time as he may consume to the gentleman from Minnesota (Mr. Paulsen).

At this point, we have no other speakers. I, again, would just like to thank my colleagues on the other side of the aisle for joining us with the sponsoring of this legislation; Mr. Lewis, not only for legislation that is on the floor…

And if I can catch him before he leaves, the ranking member of the Budget Committee, I appreciate all of your comments. I won't touch on all of them, but I will touch on one or two. In a sign of bipartisanship, I would like to extend to…

At this time I yield such time as she may consume to the gentlewoman from Missouri (Mrs. Wagner), also a prime sponsor of the legislation before us and a leading and active member on the committee.

I, too, thank the gentleman from Connecticut. Madam Speaker, I yield such time as he may consume to the gentleman from Arkansas (Mr. Womack), the prime sponsor of the bill.

I thank the gentlelady for working with us on this, as she says, sensible piece of legislation. And with that, I yield such time as the gentleman may consume to the gentleman from Michigan (Mr. Huizenga), the sponsor of the legislation…

We would love to try to find some common ground on her amendment, but her amendment simply goes to the first point and the initial filing of the forms and what have you. After that, there is the extraneous additional examinations and all…

Now I am going to go a step further. I wonder whether the people who oppose this bill actually know what the law is. The law is and has been for decades that, if you are an investment adviser, you already have a fiduciary standard with…

I thank the chairman for yielding me time. How you ended your comments was, Let's move this bipartisan amendment to this bill, and what I was trying to do in a bipartisan manner was to ask the question: Is simply what you are trying to do…

I have an amendment at the desk. The Acting CHAIR. The Clerk will report the amendment. The Clerk read as follows: Page 49, line 18, after the dollar amount, insert (reduced by $125,000,000). Page 150, line 8, after the dollar amount…

At this time, I would like to withdraw my amendment and urge my colleagues to support the underlying Student Success Act. Amendment No. 21 Offered by Mr. Broun of Georgia The Acting CHAIR. It is now in order to consider amendment No. 21…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 475, after line 19, insert the following new section: ``SEC. 5530. PROHIBITION ON REQUIRING STATE…

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from New Jersey will be postponed. Amendment No. 12 Offered by Mr. Pierluisi