Scott Fitzgerald: “It would be better, I think, for members to have real specific information because we don’t have it.”

I thank the chairman for yielding. Mr. Speaker, I rise today in strong support of H.J. Res. 109. I don't want to be redundant on some of these points, but the SEC's Staff Accounting Bulletin 121 is a radical departure from how custodians…

These issues, I think, kind of highlight the lack of analysis on how the proposal could affect users.

I once again say that State regulators have done a wonderful job in this area for many years, and I think they should continue to be the focus of any of this data collection. Mr. Chairman, I yield back the balance of my time. The Acting…

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. 902. None of the funds made…