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despair. persecuted but not abandoned. struck down but not destroyed. almighty god, may we receive their testimony of your saving grace, then may we be found as steadfast in the living of our days. in your merciful name we pray. amen.

the speaker pro tempore: pursuant to section 11-a of house resolution 188, the journal of the last day's proceedings is approved. the pledge of allegiance will be led by the gentleman from california, mr. ruiz. mr. ruiz: i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, messages from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has passed s.407, an act to provide redress of employees of america which the concurrence of the house is requested.

the speaker pro tempore: the chair will now entertain up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentleman from california seek recognition? >> i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. ruiz: i rise today to ask the senate to pass the honoring our pact act. in 2017 i met jennifer who developed pancreatic cancer due to exposure to burn pits to her service in iraq. despite being a healthy mother of two and no family history of cancer she and her family faced roadblocks to get the care she needed from the v.a. at her kitchen table she asked me to lead this fight and i promised her i would. now five years later we are

closer than ever before to fulfilling jennifer's vision for her fellow veterans. to give veterans the benefits they earned and deserve, the honor roring our pact act will ensure no other veteran will have to fight for jennifer for the care they need. i urge the senate to fulfill our nation's promise to our veterans, honor jennifer's memory, and pass the honoring our pact act without delay. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from south carolina seek recognition? >> mr. speaker, i move unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. wilson: thank you, mr. speaker. yet again the world is uniting against war criminal putin and his murderous invasion of ukraine. the european union is set to sign an agreement with israel and egypt which will fee itself from putin energy reliance. e.u. leaders say they will reduce russian oil and gas imports, cutting financial

resources to the putin war machine where young russians are sacrificed by putin for personal gain of oil, money, and pow e. while conducting mass murder in ukraine. in the plan israel will export natural gas in a pipeline to egypt where it will be turned into liquefies natural gas then delivered to e.u. member states. i appreciate the egyptian ambassador to the u.s. during a trip to slar this week -- israel this week, the kremlin's behavior only strengthen our resolve to break free of russian fossil fuels. in conclusion, got bless our troops who successfully protected america for 20 years in the global war on terrorism as it continues to move from the safe haven of afghanistan to america. as the co-chair of the e.u. caucus and the israel caucus, i especially appreciate the cooperation we see today. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentleman is

recognized for one minute. >> mr. speaker, today i rise and honor the 10th anniversary of the deferred action for children arrivals program or daca. mr. correa: today, dreamers are doctors, soldiers, nurses, frontline workers, police officers, and firefighters and many, many daca recipients have made the ultimate sacrifice for this country. here's a picture of one of my constituents, jose. he was killed in action. he was a first marine to make the ultimate sacrifice in iraq from orange county. there's many, many more. soldiers, daca recipients that have made the ultimate sacrifice for the new country. it's time we give them permanent status in the united states. thank you very much. mr. speaker, i yield. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from georgia seek recognition? >> mr. speer, i ask unanimous

consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, with inflation at a 40-year high and a sluggish economy attacking workers' freedoms should be the farthest thing from the president's mind. presiden biden's department of labor is in the process of changing the definition of an employee to include independent contractors. this would be devtating for the 19 million americans who currently enjoy the flexibility th comes with blding wealth by participating in the american dream. under this change, worke classified as independent contractors would be subject to the same employment related restrictions as traditional employees. this is an assault on the modern american worker. independent contractors were responsible for over 70% of the job growth during the last economic expansion before covid. if we want to spur economic growth, we must remove barriers and allow our work force to flourish.

mr. allen: ftunately my legislation, the employee rights act, would codify protection for independent contractors shielding them from these overreaching classifications. thank you. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does gentlelady from california seek recog recognition? the gentleman from california. >> mr. speaker, i ask unanimous consent to addrs the house for one minute. revise and exten my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> june is national dairy month. an opportunity to honor the contributions of dairy farmers throughout the country. i'm proud to represent our nation's largest dairy district and the hardworking men and women in central valley who work tirelessly to provide our nation with milk, cheese, ice cream, and all the other dairy products we enjoy. there are over 30,000 dairy farms across the united states, and many of those are farmer-owned and operated. as a lifelong dairy farmer i

know firsthand the impact of these burdensome government regulations that have day-to-day operations of these family farms and businesses. we need to reduce the regulatory burdens on our domestic agricultural producers and incentivize more production here at home. supporting american agriculture and our dairy industry will bring food costs down and provide stability to our global food supply. thank you to our dairy farmers and manufacturers in the century valley and across the country to their contributions to our community. happy dairy -- dairy month. i yield back. the speaker pro tempore: for what purpose does gentlelady from washington state seek recognition? >> mr. speaker, i rise to address the house for one minute. the speaker pro tempore: without objection, the gentlelady is recognized for one minute. >> thank you, mr. speaker. i rise to congratulate ron and terry for being recognized as the 2022 philanthropists of the year. for two decades ron and terry have dedicated their lives to worthy causes, positively impacting residents across

southwest washington. they served on the boys and girls club of southwest washington helping make a difference in the lives of countless kids in our communities. this venture inspired them to continue giving back through other organizations. among their numerous acts of charity, won and terry have been highly support yef of several health care related nonprofits and critical in expanding southwest washington's operations. in herrera beutler: -- ms. herrera beutler: this includes a cardiac education center. ron and terry, thank you for your unwavering support of our communities and congratulations again on this well deserved recognition. thank you. i yield back. the speaker pro tempore: the gentlelady yields back. for what purpose does the gentleman from south carolina seek recognition? for what purpose does the gentleman from virginia seek recognition? >> unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is

recognized for one minute. >> thank you, mr. speaker. i rise today to recognize the liberty christian academy bulldogs on winning the vhsl baseball class 3 state title game. the academy was founded in 1967 and in addition to its academic and biblical teachings, it excels in sports. their baseball state tight this year marked their second state crown as they won the 4-a state title in 2017. mr. cline: this name game came down to the seventh inning at the field in spotsylvania, virginia. their opponent the abingdon calons when three straight batters were walked sending home the go-ahead run. they scored again on a bases loaded walk that scored another run and made it 5-3. when the bulldogs got their chance in the bottom of the seventh they started to rally as logan led of with a triple and a sac fly scored duff to cut the lead to 5-4. finally, the two run walk-off sij marked a three-run liberty christian academy rally that

propelled them to a win last saturday in the 3-a state title game. congratulations to the players, coaches, and parents on a great season. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from florida seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, i rise today to honor the life of florida fish and wildlife senior investigator kyle patterson, just five days ago on june 9, senior investigator patterson was involved in a fatal crash while on duty. senior investigator patterson faithfully served the people of st. lucie county for more than 15 years from his first assignment at the age of 19 to type spent with agriculture crimes intelligence unit and marine bens community, he was dedicated, a public servant, committed to the safety of our home and our community senior investigator patterson was passionate about baseball and

steer and-his family and god. mr. mast: cries fellowship, the church we share. his memory will live on with those who knew him and loved him best. his wife, his children, and his parents and sisters. please honor the life of special investigator patterson and salute him because he gave a lifetime of service and service did take his life. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from minnesota seek recognition m -- recognition? >> i ask unanimous consent to address the house for one minute. revise and extend. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you very much, mr. speaker. i rise today to celebrate and honor the life of renee from da leut, minnesota -- duluth, man

minnesota, who recently passed away from cancer. she was well-known and well loved across the north land. she was a dedicated city councilmember and active community member. her tragic passing has affected many. showing the countless lives she touched and made a difference in. though the loss leaves a hole in the lives of many, the work she accomplished has left a legacy that will live on beyond any of us. . renee will always be remembered as an inspiration to her fellow red lake nation members and to the entire native american community. i am grateful for renee sharing her compassion, dedication and love for duluth and all its people. mr. stauber: may we all continue to help carry on her legacy. mr. chair, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from tennessee seek recognition? >> i seek unanimous consent to address the house for one minute, to revise and extend my remarks. the speaker pro tempore: without

objection, the gentleman is recognized for one minute. >> mr. speaker, our nation is facing a lot of problems. historic inflation, sky-high prices at the pump and a shortage of baby formula. but it's important not to lose sight of another crisis going on more than 1,500 miles southwest of where we're gathered right now. 2.6 million illegal immigrants have been apprehended at our southern border since president biden took the oath of office. there are more than 234,000 migrant encounters at the border just in april. that's the most for any month in history. that's also a 1,268% increase from april of 2020. border patrol sees more than 340,000 pounds of drugs -- seized more than 340,000 pounds of drugs since last october, including fentanyl to kill two billion people. mr. rose: yet this administration is still fighting to appeal title 42.

it's time to put the american people first. thank you, mr. speaker, and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from georgia seek recognition? mr. carter: ask unanimous consent to address the house for one minute, revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized for one minute. mr. carter: mr. speaker, i rise today in memory of dr. eugene maddox, a veterinarian and a remarkable georgian. 1954 was an eventful year for gene as he graduated from alexander baldwin agricultural college and married the love of his life, patsy. he went on to receive his veterinary degree from the university of georgia in 1959. following his graduation, they moved to thomasville, georgia, where he worked as clinton veterinary hospital. he founded his own animal hospital, cairo animal hospital, in 1963, and served surrounding counties until he retired in 2004 to serve as a georgia state

representative for several counties until 2012. in 2006 he was honored by the georgia veterinary and medical association as veterinarian of the year and in 2015 he received the prestigious j.t. murcer lifetime achievement award. an active member of his community, gene was the former president of the american veterinari and medical association -- veterinary and medical association, the georgia veterinary and medical association, and a member of the georgia cattlemens association. he also served as a medical examiner under four governors during his career. a loving father and husband, an outdoorsman, a community advocate, and a dedicated veterinarian, gene is sure to be missed. thank you, mr. speaker. and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time.

the speaker pro tempore: for what purpose does the gentleman from texas, mr. green, seek recognition? mr. green: house resolution 1170, i call up h.r. 2543, the financial services racial equity, inclusion and economic justice act, and ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar number 162. h.r. 2543. a bill to amend the federal reserve act, to add additional demographic reporting requirements to modify the goal of the federal reserve system and for other purposes. the speaker pro tempore: pursuant to house resolution 1170, in lieu of the amendment in the nature of a substitute recommended by the committee on financial services printed in the bill, an amendment in the nature of a substitute consisting of the text of rules committee print 117-49, modified

by amendment printed in part a of house report 117-366, is adopted. and the bill as amended is considered as read. the bill, as amended, shall be debatable for one hour, equal request divided and controlled by the chair and ranking minority member of the committee on financial services or their respective designees. the gentleman from texas, mr. green, and the gentleman from kentucky, mr. barr, each will control 30 minutes. the chair recognizes the gentleman from texas, mr. green. mr. green: mr. speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks on h.r. 2543, and insert extraneous material thereon. the speaker pro tempore: without objection, so ordered. mr. green: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. green: thank you, mr.

speaker. mr. speaker, i rise in strong support of h.r. 2543, the financial services racial equity, inclusion and economic justice act of 2022. landmark legislation focused on promoting racial and economic justice. this bill was introduced by financial services committee chairwoman, the honorable maxine waters. and it includes several provisions authored by members of the committee. unfortunately chairwoman waters couldn't be here today. but i would like the record to reflect not only her authorship of this bill, but also her unwavering commitment to achieving equity and inclusion on behalf of communities of color. today's house consideration of h.r. 2543 is historic in that it for the first time in our nation's history, the u.s. house of representatives is voting on

a comprehensive package of legislation to finally address inequity with equity and exclusion with inclusion in financial access, economic mobility and fair treatment. today i boldly and proudly say that this would not have been possible without the honorable chairwoman waters' leadership. this bill is needed because racial disparities in lending, home ownership and wealth creation are all too real. for some invidious discrimination, mr. speaker, is only a phrase. however, for too many others it is a fact of life. according to the brookings institution, the racial wealth gap between white and black households is more than $10 trillion. the onerous wealth gap is

perpetuated by the toleration of ongoing discrimination, red lining and systemic barriers to accessing financial credit and services. some of my colleagues across the aisle may say that the house shouldn't address this important issue. they may say that the house should ignore these very real, well-documented disparities and focus on getting inflation under control. to which i say, this bill deals with the very real inflationary pressures that people of color experience in their daily lives. too often, mr. speaker, consumers and businesses from low-income communities and communities of color suffer invidious discrimination as they struggle to access capital and credit. chairwoman waters said it best and i was there to hear her say it.

when she spoke before the rules committee this week, she noted that this type of discrimination is a form of inflation in communities of color. she indicated that when you add up inflated fees in tandem with inflated interest rates, simple loans cost more for people of color than others taking out the same loan in a different community. this of course assumes that you're lucky enough to qualify for the loan in the first place. and if you're not, then your options to build wealth are severely limited because you can't buy a home or start a small business. in fact, your only option for credit might be an inflated predatory payday loan that leaves you worse off, not better. this is inflation that people of color experience each day and we

should be just as outraged and concerned about these needlessly inflated high costs as we are about the janine flaition we are experiencing -- about the general inflation we are experiencing during the pandemic. and i would further argue that addressing this form of inflation will bring down costs for everyone because, as my colleagues across the aisle are fond of saying, a rising tide lifts all boats. we also know that janine flaition -- general inflation disproportionately hurts people of color, which is why this bill directs the federal reserve, as it carries out its duties, to rein inflation in and promote full employment, to also consider racial disparities so that all people, all people will benefit from the fed's dual mandate. members of the lgbtqia-plus community also face discrimination in lending.

this is why it leads to higher costs for them as well. we should stand -- we shouldn't stand for this during this time of year, but i'm pleased to be among those fighting for lgbtqia-plus justice during pride month. this is why h.r. 2543 includes my bill, h.r. 166, the fair lending for all act, which furthers fair lending by clarifying that lending discrimination is prohibited, not only on the basis of race, mr. speaker, but also on the basis of gender identity, sexual orientation and geography. this bill enhances supervision and establishes criminal penalties for lending violations. let's take a closer look at lending at this time. fair lending. every person who purchases a

home should be able to read and understands their mortgage documents. this is why common sense should prevail. however, that's not the reality for many homebuyers in our country today. this is why the bill includes robust language, robust language to access the requirements for a mortgage and these mortgage conditions should be made clear in languages that people understand. if the requires services to expand and preserve the dream of home ownership for borrowers with limited english proficiency, chairwoman waters bill will also support -- waters' bill will also support cdfi's and minority depository institutions or m.d.i.'s. that fill a historic lending gap in underserved communities across this country. and it would mitigate banking deserts by allowing credit

unions to serve areas that banks have ignored or abandoned. moreover, this legislation includes another bill of mine, h.r. 2516, the promoting diversity and inclusion in banking act, which would require federal banking regulators to evaluate policies and procedures, banks and credit unions have to promote diversity and inclusion. i would like to thank chairwoman waters for her continued leadership, her bold leadership, as well as my colleagues and members of the financial services committee, for their tireless work. including representatives meeks, cleaver, beatty, garcia of texas, torres and auchincloss.

it is incumbent upon this congress to finally address these disparities and that is precisely what chairwoman waters' bill will do. hence, i urge my colleagues to vote yes on h.r. 2543, the financial services racial equity, inclusion and economic justice act. and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the speaker pro tempore: the gentleman from north carolina controls the time and is recognized. >> mr. speaker, i rise in opposition to h.r. 2543. i yield myself such time as i may consume. the speaker pro tempore: the gentleman virginia tech. mr. mchenry: this week democrats have a bill on the floor to, quote, address inflation and help bring costs down for americans, end quote. just last week president biden stated that inflation is his, quote, top domestic priority. let's talk about inflation if we are going to talk about the federal reserve.

let's look at the numbers. let's look at the stats. the president announced that his focus was going to be on the economy this month. and to kick it off his treasury secretary, secretary yellen, finally admitted that she was wrong when she called inflation transitory last year. so the biden administration and congressional democrats, i had'd like to say to you, welcome to the party. you're a year late. the american people have been feeling this pain of inflation. i'm glad you are coming to the realization that we have to do something about it. republicans welcome the conversation. inflation has surged to a 40-year high. stats across the board are terrible. everyday goods and services are more unaffordable today. especially for low and middle income americans and those on fixed incomes. skyrocketing consumer prices are outpacing wage gains. u.s. households will spend an

extra $5,200 this year compared to last year for the same basket of goods and services they normally buy. the national average for the price of gasoline has reached a staggering $5 a gallon. that's -- if that weren't bad enough, our economy is now shrinking. the us grntion d.p. came in at a negative 1.4% this year. that's bad. democrats want to blame everything from putin to so-called corporate profiteering for the inflation crisis. they are still looking for who did it. guess what, folks, the calls coming from within the house. they are the one that is put this on the american people. this is all the results of democrats' bad economic policies. this crisis is of their own

making. the american people know it. they see t they feel it. they experience it. in a recent poll released by the "wall street journal," 83% of respondents rated current economic conditions as poor or not good. this is the result of democrat economic policies. since they control the fullness of the federal government, they put their economic policies into place and we are living with a bad consequences. all across the board, inflation is way up. in another poll released by real clear politics, 60% of the american people disapprove specifically of president biden's handling of the economy. so what's democrats' strategy? to distract struggling families with this bill that we have on the floor today. a bill that might sound good, but does nothing to bring down consumer prices or help struggling families. so let's talk about the contents of the bill.

republicans support improving diversity in financial services, but h.r. 2543, this bill, misses the mark. committee democrats had the opportunity to work with republicans on a bipartisan legislative package to achieve that goal. in fact, five of the bills that make up this package received some republican support, either in markup, in committee, or on the floor in previous congresses. but instead of working with republicans, committee democrats injected this package with another eight partisan poison pills. first, this bill blatantly plit sideses the federal reserve. in fact -- politicizes the federal reserve. it tasks the fed with a third mandate. that third mandate is to close socioeconomic disparities instead of focusing on what we have asked the fed to focus on, which is price stability and

maximum employment possible. so much -- actually so much for the president saying he's not going to politicize the fed or he's going to respect the fed's independence. this bill goes counter to that. this bill will credit more expensive and less accessible to those who need it most. this bill will also pile regulatory costs on small businesses, forcing them to divert resources from business operations to report on diversity and inclusion, metrics, outlined in this bill. currently businesses can self-assess the makeup of their work force. this bill would impose a one-size-fits-all mandate on all job creators, regardless of size. geographical location or business model. this bill is a boon for litigious trial lawyers and a boon for them because they expand the alcoa and opens them

up to new lawsuits. businesses open to new lawsuits. this creates uncertainty in the credit markets. ultimately increasing the cost of credit, making it more difficult to assess credit risks for financial institutions and businesses. finally, while americans are reeling from higher prices, this bill will make it more expensive for families to purchase a home. this bill will impose additional costs on creditors and servicers which will inevitably be passed on to those applying for loans. bottom line, this is just another attempt by house democrats to divert voters' attention from the big issues of the day. that is their dismal economic record that they foised upon the american -- foisted upon the american people. if house democrats are serious about addressing inflation as the biden administration have claimed.

and as the president has specifically said he's focused on this month, if they were serious, they would abandon a partisan messaging bill like the one we have on the house floor. i urge my colleagues to vote no and reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from texas is recognized. mr. green: thank you, mr. speaker. mr. speaker, i now yield two minutes to the gentleman from new york, my dear friend, mr. meeks. the speaker pro tempore: the gentleman is recognized for two minutes. mr. meeks: thank you, mr. speaker. let me thank representative green and of course i want to thank chairwoman waters for bringing this important piece of legislation to the floor. her ranking member henry talked today, i think the american people understand that inflation

is all over the world. it's not a united states problem, it's a global problem predicated by putin's aggression in ukraine and coming out of the greatest pandemic that we have had in over 100 years. democrats are focused on working with the globe to make a difference. i want to focus on this bill and talk about the improving corporate governance through diversity act and the ensuring diversity and community banking act portions of this bill. on that i do think that ranking member mchenry and other republicans in a bipartisan way support both bills that was received when it unanimously passed out of the financial services committee. we need to continue all efforts to promote racial and economic

justice in our communities, and this package of legislation does exactly that. investors want to know whether the suites in the board rooms of corporate america are working in their interests and reflecting their ideas. and i along with carolyn maloney and rep ritchie torres worked to enhance the s.e.c.'s disclosure regime by requiring public companies to disclose race, ethnicity, gender identity, sexual orientation, and veteran status of these companies. we want these spaces to truly reflect the diversity of this nation. also included in this package is my bill that emphasizes the importance of minority banks and credit unions in serving our communities. the ensuring diversity in community banking section which will address the issues of banking deserts and strengthen programs that provide capital to these critical and crucial institutions. it also creates an impact designated in order to promote banks that predominantly serve low-income communities.

i yield back the balance of my time. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: thank you, mr. speaker. i yield to my colleague and friend from kentucky, the ranking member of the national security subcommittee of the financial services committee, mr. barr. i yield two minutes. the speaker pro tempore: the gentleman is recognized for two minutes. mr. barr: i thank my friend north carolina. mr. speaker, for over a year democrats dismissed historic inflation crushing american households, first they said it was transitory. then they played it down as a high class problem. now president biden ridiculously and falsely refers to rising prices as putin's price hike. the american people know that democrats' failed policies created this inflation crisis. they are overspending created excess demand. their war against domestic energy production constrained supply. this supply-demand mismatch pushed prices to a four decade high. in march of 2021 the consumer price index was at 2.6%.

gas prices were $2.70 per gallon. that month president biden's american inflation plan was signed into law. what happened as a result? 8. #% inflation -- 8.6% inflation on the c.p.i. from last friday, the highest in 40 years. onop of that we are seeing historic energy prices, fuel oil up 106%. the highest ever. regular gasoline up over 50% year over year. for the first time ever gas prices reached $5 per gallon nationally last week. but instead of addressinghe cause of inflation, such as big government spending, radical energy policies, politicization of access to capital, they continue to push partisan packageshat will absolutely nothing to correct historic inflation that is plaguing the middle class. case in point ithis bill. the racial equity influential and ecomic justice act. at a time of historic inflation

the central responsibility, the core job of the federal reserve is to ensure price stability. but instead of responding to democrats' fiscal poly errors, e fed failed to tighten monetary policy fast enough to address this inflation crisis. and especially at this time when they should be focused on price stability. what does the democrat majority do? they want to give the fed more responsibilities. th want to give them responsibilities beyond the core competency or expertise. the speaker pr tempore: the gentleman's time has expired. mr. barr: so -- mr. mchenry: 30 more seconds. the speaker pro tempore: the gentleman is recognized. mr. barr: instead of diverting the feds' focus away from their responsibility of tackling inflation, the federal reserve should be focused on dealing with inflation. if democrats were truly interested in helping low and moderate income households, fixed incomeouseholds, communities of color suffering the most under biden's inflation crisis, they need to keep the

feds' eye on the ball. don't weigh into social policies, controversial policies that are in the responsibility congress.diction of the the fed needs to be focused on helping tame inflation. this bill gives the fed responsibilities it doesn't need to have. i yield back. the speaker pro tempore: the gentleman from north carolina reserves. the gentleman from texas is recognized. myself such time as i may yield consume. mr. speaker, we are witnessing now why we have the invidious discrimination that exists in this country. not one word has been said about the invidious discrimination. the high cost in loans that people of color suffer. not one word is being said about it. rather there is always an effort to deflect. this has been going on for centuries. but not today. it ends today. i now yield to the gentlelady from ohio, mrs. beatty, two

minutes. the speaker pro tempore: the gentlelady from ohio is recognized for two minutes. mrs. beatty: thank you, mr. speaker. let me first thank chairman green for yielding and for his outstanding job of managing the floor today. i would like to also thank chairwoman maxine waters for her leadership in bringing diversity and inclusion to the forefront of the conversation in the financial services industry. it was her vision to create the financial services committee's subcommittee on diversity and inclusion and i have had the honor to serve as its chair since its inception. the racial justice equity package before us today is very much the product of the subcommittee's work. over the past three-plus years. and i am proud to say that many of its provisions were authored by subcommittee members, republicans participated in the hearing, and today when we deflect to issues like what we are hearing is very alarming. there is nothing controversial

in this package or the bills i am going to reference. two of my bills are in included in this package, the diversity and inclusion data accountability and transparency act, or referred to as d.n.i. data act that will direct the offices of minority and women inclusion to collect data on the financial institutions they oversee. . this will allow us to measure the progress that banks and other financial institutions are making on diversity performance. my second bill is the expanding opportunity for minority depository institutions act that will codify a program at treasury that pairs mentor businesses with protege m.d.i.'s, giving the smaller lenders access to things like technical assistance and contracting opportunities. i'm so pleased in my third congressional districtf ohio, a new m.d.i. has been approved.

i would also like to note that my bill, the ensuring diverse leadership act, has been made in order as an amendment and will be considered later. that amendment will require the feds to consider candidates of diverse ethnicity and gender when filling vancies in the reserves. thank you and i yield back. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. barr: i'd like to yield the ranking member of the natural resources committee, the gentleman from arkansas, mr. westerman, one minute. the speaker pro tempore: the gentleman from arkansas is recognized for one minute. mr. westerman: thank you and thank the ranking member. i rise today to speak against h.r. 2543. this bill does not address the underlying causes restricting access to credit or inflation that has eroded many americans' borrowing power. it's just a mixed bag of extra mandates on the federal reserve and new regulatory burdens on small businesses. i don't hear my small businesses asking for more regulation, additional compliance burdens or

the impsition of a sweeping social agenda. families are struggling to afford food and gas. small businesses are struggling to hire employees. and my local banks and credit unions are filling -- feeling the pinch of inflation and rising interest rates every day. if the majority was serious about helping americans, they would make my amendments in order to examine the feblghts of inflation and -- effects of inflation and bank consolidation on access to credit for those in rural counties, racial minorities, women and veterans. the very communities that democrat policies have hurt the most. my amendments would have been a step in the right direction, but the democrat majority blocked them. mr. speaker, digging the hole deeper is no way to get out of the crisis. the democrat administration and democrat majorities in congress have created. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman's time has expired. the gentleman from north carolina reserves. the gentleman from texas is recognized. mr. green: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. green: i'd like to read from

an article styled examining the black-white wealth gap from the brookings institute dated february 27, 2020. a close examination of wealth in the u.s. finds evidence of staggering racial disparities. at $171,000, the net worth of a typical white family, white family, is nearly 10 times greater than that of a black family at $17,150 in 2016. the gaps in wealth between black and white households revealed the affects of accumulated inequality and discrimination, as well as differences in power and opportunity that can be traced back to the nation's inception. and this is why it continues. because people on that side of the aisle are willing to tolerate invidious discrimination. they'll talk about anything but invidious discrimination. they have no remedies and now i would like to yield two minutes

to the gentleman from missouri, my friend, mr. cleaver. the speaker pro tempore: the gentleman is recognized. mr. cleaver: first of all, i thank the floor manager, in green of texas, and i -- mr. green of texas, and i stand with my colleagues and chairwoman maxine waters of california who i know is watching this debate, in support of the financial services, racial equity, inclusion and economic justice act. i wish her a speedy return but would like to thank her for the tremendous amount of work put into this piece of legislation, which will transform countless american lives for the better. i would specifically like to highlight the inclusion of the cdfi bond guarantee program improvement act, community development financial institutions, a priority of the cdfi community. i would also like to thank congressman william timmons of south carolina for his partnership in advancing the bill through the financial services committee by voice vote and committee markup last month. according to the cdfi fund, in

201933% of the cd -- 2019, 33% of the cdfi lending was in high poverty areas but we have to do better. 17% was in the rural areas. cdfi's are instrumental in providing affordable capital to communities typically excluded or underserved by the mainstream financial system. and i am proud of committee efforts to provide additional resources to these mission-driven community institutions that have faced several challenges in recent years. prior to the cdfi bond guarantee program, cdfi's were extremely limited in their ability to access capital, to make large scale investments in community facilities, basic infrastructure projects, or job-generating businesses. the program bond guarantee program was enacted to provide long-term, low-cost capital to cdfi's which use the funding for economic development activities in low-income, urban, rural and indigenous communities. my bill would authorize the program and reduce the minimum

insurance from $100 million to $25 million, opening up the program to smaller cdfi's and support more community development projects such as loans to small businesses, commercial, real estate, affordable housing across the nation. i urge passage of this bill. thank you very much, mr. chairman. the speaker pro tempore: the gentleman's time has expired. the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: thank you, mr. speaker. i'd like to yield to the gentleman from ohio, mr. davidson, one minute. the speaker pro tempore: the gentleman from ohio is recoized for one minute. mr. davidson: mr. speaker, i rise to oppose this bill. the fed is not meant to be a political weapon. with inflation above 8% and the economy on the verge of a recession, this is one of the most inopportune times in our nation's history to suggest we turn the fed into a political pawn. our nation's suffering from too much government. inflation's a policy choice and this delivers more government to an agency that's supposed to be insulated from it.

we know the recipe. we need more freedom, less government, and sound money. this thing distracts the federal reserve. inflation doesn't care about your race. the price of groceries, the price of health care, education, rent, it doesn't care about your race or your gender. we have to stop these politicalization of our government agencies, as democrats are really the radical left stays committed to this long march through our nation's institutions. to try to push an agenda at odds with the american public. if this bill does nothing, it highlights that disconnect. i urge every one of our colleagues to oppose this bill. the speaker pro tempore: the gentleman's time has expired. the gentleman from north carolina reserves. the gentleman from texas is recognized. mr. green: i yield myself such time as i may consume, mr. speaker. the speaker pro tempore: the gentleman is recognized. mr. green: mr. speaker, inflation does care about your race, if you happen to be a person of color and you're

applying for a loan. inflation does care about your race if you happen to have fees added on that you shouldn't have simply because you're a person of color. people of color have to deal with janine flaition and -- general inflation and the specific inflation associated with invidious discrimination and it is the tolerance by my colleagues across the aisle through the centuries that have perpetuated this level of inflation. the speaker pro tempore: the gentleman from texas is recognized. members are reminded to direct their remarks to the chair. mr. green: thank you, mr. speaker. i now yield two minutes to the gentlewoman from texas, ms. garcia. the speaker pro tempore: the gentlelady is recognized. ms. garcia: thank you, mr. speaker. i ris in support of h.r. 2543, the financial services racial equity, inclusion and economic

justice act. let me repeat the words. this is what we're talking about. racial equity, inclusion and economic justice. i want to thank chairwoman waters for bringing this legislation forward and for her leadership on all these important issues. and i want to thank particularly today chairman green who is the subcommittee chair of oversight in our committee, for navigating us through this bill being heard today. specifically i want to speak about two bills which have been included in this important package, such as improving language access and mortgaging services act. according to the u.s. census, over 20%, 20%, that's one out of five, households in the united states speak a language other than english and nearly 9% of households lack a proficient english speaker. home ownership is an opportunity to build generational wealth.

and speaking another language should never be a barrier in home buying and mortgaging. this legislation will establish language access requirements in the eight most commonly spoken languages in the united states, besides english, for creditors and services to ensure that americans who lack -- servicers, to ensure that americans who lack english proficiency aren't at a disadvantage while buying a home. manage getting something -- imagine getting something from your mortgage company telling you owe something or you're at risk of maybe being foreclosed on but it's all in english and you speak no english. of course you end up being in foreclosure. because you don't understand the notice that you're getting. this is what my bill is about. the second bill is the studying barriers to housing act. it's also been included in this package. this legislation will require the g.a.o. to conduct a study -- i'm sorry?

the speaker pro tempore: the gentlelady's time has expired. mr. green: i yield the gentlelady an additional 20 seconds. the speaker pro tempore: the gentlelady is recognized for an additional 20 seconds. ms. garcia: thank you, mr. speaker. i apologize. the legislation would require the g.a.o. to conduct a study to identify housing barriers and cbs -- that contribute to the issue of homelessness. this study will find regulations, common practices and funding formulas tha create barriers to housing in an effort to pinpoint the province -- problems in our system that cause homelessness to continue and grow. i'm proud of both of these bills and i hope that both pass to increase expanded language, access and to find the root causes of homelessness. thank you, mr. speaker. and i yield back. the speaker pro tempore: the gentlelady yields back the balance of her time. the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: at this time i'd like to yield to my friend and colleague from tennessee, a leader on the financial services committee, mr. rose, one minute. the speaker pro tempore: the gentleman from tennessee is recognized for o one minute. mr. rose: thank you for yielding time, ranking member mchenry.

h.r. 2543 will do nothing to resolve the long list of crises the biden administration's policies have caused such as runaway, devastating inflation, massive federal debt, unacceptably high gas prices, a skyrocketing crime rate and an open border that allows millions of illegal immigrants and tons of deadly fentanyl into our country. this bill, which has no chance of becoming law and is dead on arrival in the senate, would impose additional and burdensome reporting requirements on public companies, reduce access to credit, distract the federal reserve from pursuing its statutory mandate, and further politicize our regulatory agencies. families in middle tennessee can't find baby formula and are struggling to pay for groceries and gas,hile democrats are trying to score political points with their left wing progressive base. we must do better for our constituents and for our country. i yield back.

the speaker pro tempore: the gentleman reserves the balance of his time and the gentleman from texas is now recognized. mr. green: thank you, mr. speaker. i yield myself such time ai may consume. the speaker pro tempore: the gentleman is recognized. mr. green: people of color are constituents. people of color are americans. people of color deserve the opportunity to have equality of opportunity. hundreds of years have gone by and this is what we're getting. as a result of those who would ignore the concerns of americans of color. i now yield two minutes to the gentleman from massachusetts, a mr. auchincloss.mmittee, the speaker pro tempore: the gentleman from massachusetts is recognized for two minutes. mr. auchincloss: i thank the chair. mr. speaker, our economy has not always worked for everyone equally. this is evident in the glaring wealth disparities for american families emphasized in the 2019 survey of consumer finances federal reserve report. chairwoman waters' act is an effort to ease economic disparities across racial and

ethnic groups. the bill will also expand access to financial services for consumers and small businesses in underserved communities. consumers should have access to affordable banking services, which requires competition in the market. over the last several decades, there has been consolidation amongst banks and credit unions. this is effectively -- this has effectively limited the products available to consumers and artificially driven up costs while closing banking branches for people who already did not have many choices. the financial services racial equity, inclusion and economic justice act includes my bipartisan bill, the promoting new and diverse depository institution act, which is the first step to expand competition and increase the supply of banking services. my bill directs banking regulators to work together to address the challenges that new depository institutions including cdfi's face when applying for a charter. starting and main maintaining a new bank or credit union is hard work. it's the banking regulators' responsibility to mitigate the challenges that new banks face. my bill will help new banks and in so doing will expand access to affordable services for

underbanked communities. the legislation we are considering today also includes other necessary equity bills such as congresswoman garcia's which expand language access rirnlts in mortgage services. congressn green's bill would clarify that sexual orientation and gender identity are protected classes under credit discrimination. i applaud chairwoman waters' leadership on this bill and i urge my colleagues to support it. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman the speaker pro tempore: the gentleman from north carolina. mr. mchenry: i yield a minute and a half a representative from advance from north, mr. budd. mr. budd: in the month of june i asked a poll question at one of my town halls, has your family noticed a sharp rise in prices? and 94% of them said yes. the crazy part of this is i'm not talking about this june, i'm talking about last union.

the average family will be spending 5200 more this year because of joe biden's inflation. but we are not debating solutions to this crisis today, we are debating economic juste. but for most americans the most economic just thing we can do is to lower gas prices for everyone and help seniors on fixed incomes afford groceries. this crisis is real. it's not a so-called high-class problem, it's a tax and a burden on every citizen in our country. as long as the democrat majority in this congress is plagued by denial and distraction, the harder it will become for american families. i yield back. the speaker pro tempore: the gentleman from texas is recognized. mr. green: i yield myself one

mite. mr. speake the brookings institution indicates that the black and white wealth gap reflects aociety that has not and does not afford equality of opportunity to all of its citizens. this is evident today by the responses that we're getting. no efforts to deal with the 21 century of inequality. no desire to deal discrimination. always a reason why we can't get to it right now. about congress never addressing this problem. today is the day of reckoning for all of those who have been hiding behind other issues. today they have to confront the truth. there is discrimination in america and impacts the lgbtq community and women as well a

because of chairwoman waters' bill to deal with these issues. the speaker pro tempore: the gentleman from north carolina. mr. mchenry: i yield a minute and a half to the gentleman from wisconsin. mr. steil: american are getting punched in the face every day. gas is over $5 a gallon. people are paying hundreds of dollars more per month because prices are out of control. the federal reserve has a mandate to maintain price stability. the federal reserve is failing in that mandate. and my colleagues across the aisle, the outgoing majority, continues to try add another mandate to the federal reserve. the federal reserve is failing

on step one, price stability let's address price stability so people aren't getting clobbered every day by higher prices or clobbered when they go to the gas station, clobbered when they go tohe grocery store to get groceries. the outgoing majority wants to add another mandate to the federal reserve at a period of time when the current mandate, nothing could be more illogal. we need to get prices under control and do that which unleashing american energy and controlling wasteful spending in washington d.c. this bill is misplaced. this bill moves us in the direction that we should be instead be focusing on actually controlling on costs. i yield back. the speaker pro tempore: the

gentleman yields back the balance of his time the gentleman from north carolina reserves. the gentleman from texas is recognized. mr. green: i yield myself 30 seconds. mr. speaker, people of color are clobbered every day by higher interest rates, clobbered every day by loans that have fees that are higher than loans for people of a different hue. these are the things that are being perpetrated when they tolerate this kind of behavior. for centuries they have tolerated it. now we have the opportunity to les eliminate these costs for some people so we can deal with the costs for everybody. but until that's done, we have to have this bill. i yield back. the speaker pro tempore: the gentleman reserves the balance of his time the gentleman from north carolina is recognized. mr. mchenry: i yield to my friend and colleague from florida. the speaker pro tempore: the

gentleman from florida i recognized. mr. donalds: the measure in front of us today just makes no sense. this measure is going to make inflation worse. why? a third mandate on the federal reserve, a federal reserve that has done a poor job of managing price stability, the same price stability that hurts poor americans whether you are ma brac, hispanic or white. the same price stability that hurts whether you are black, hispanic or white. and only group of americans that might escape the sting of inflation are rich americans who happen to be black, rich americans who happen to be hispanic and rich americans who happen to be white. your race, you are beingess of crippl and to have the majority party say they are adding a third mandate to the

federal reserve is ludicrous and doesn't address wealth in america between black families and wte families. we all know the history. we understand why there are black families who do not have the same size of net worth as white families but what you do not is saddle our economy with more regulation and more silly policies whi actually make our economy more efficient. how are black families in the future goi to actlly incrows their net worth if being ableo apply for loans is more expensive? how do black families actually increase their wages if our economy is saddled with more inflation? it does not help plaque people going forward. it actually hurts them and hurts everybody along the way and get the federal reserve back to one mandate of sound money and would help poor americans regardless of their ace. that is a bill that myself and

mr. french hill have sponsored get the federal reserve back into the right place. if you wan to have a conversation about stemic inequities and conversation about theifference in net worth between black americans and white americans, what you cannot do is shut off the economy which will hurt plaque americans from growing their wealth into the future. ild back. the speaker pro tempore: the gentleman yields back the balance of his time the gentleman from texas. mr. green: yield myself 10 seconds. we have just heard a great resuscitation of how to do knowing and maintain the status th you can stand up in theroud house of representives and defend the stat t us "for some 300 years. i now yieldne minute to the the gentlewoman from california, ms. lee. the speaker pro tempore: the gentlelady from california is recognized for one minute.

ms. lee: let me thank congressman green, whos a lifelong warrior for racial justice, for your tremendous leadership. i rise in strong support of h.r. 2543 and i thank chairwoman waters and the full committee and the speaker for bringing this important bill to the floor. america's racial wealth gap divide results from generations of slavery, segregation and institutional racism. plaque and bla communities have never had the same opportunities to build wealth as white communities and the gap has only increased and widened in recent decades. this is a fact. this bill will ensure that federal monetary policies focuses on reducing racial and ethnic disparities and reorient to support wealth creation in underserved communities and will

support a more level playing field for black and brown families whether buying a home or building equity. we mustonfront -- may have additional 30 seconds. the gentlelad is recognize ms. lee: to close t racial wealth good, we must conont the racism that has stunted wealth cry eying. in california, we didn't even have a fair housing law until 1964. come on. that's generations of my family whoeren't able t buy a house and didn't acquire equity to be able to live the life that white people live in this country. come on, please. h.r. 2543 is an important step in the direction to close these racial gaps. i yield back. the speakepro tempore: the gentlelady yields back.

the gentleman from texas reserves. the ntlema from north carolina. mr. mchenry: i yield one minute to my colleague from california, ms. young. mr. young: i rise in opposition d this bill threatens the independence of the federal resee and does nothing to address the highest inflation that our country has seen in four decades. in my home state of california, gas prices are araging $6.47 and the cost of every day goods continue to rise. the way the fed can address social economic disparities for all groups including our most vulnerable communities is by focusing on the existing mandate of price stability and maximum employme. instead of letting the fed to

use its existing tools, my colleagues are attempting to politicize it. congress should be focusing on addressing real issues being down 4.2% andelping the fed achieve price stability mandates. so, i urge a no vote on h.r 2543. and i yield back. the speaker pro tempore: the gentlelady yields back. the gentleman from texas is recognized. mr. green: i reserve. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: i yield a minute and a half to mr. las who is a long time loader on the ag committee and financial services committee. mr. lucas: i rise in opposition to h.r. 2543. the u.s. economy faces tremendo challenges, 40-year inflation. the american people are

grappling with increased costs in every aspect of their life. food is more energy gasoline prices have skyrocketed. in 1977 when i first started out as a young fmer and slid in the carter years and through chairman volker's tightening of the money supply. this was devastating to our neighbors and u.s. economy and left a profound impact how i view fiscal and monetary policy. congress should be focused on the issues that currently weigh on the economy and aim to strengthen the well-being of the american people. i oppose h.r. 2543. and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time the gentleman from texas is recognized. mr. green: i reserve. the speaker pro tempore: the gentleman from north carolina is recognized.

mr. mchenry: i yield five minutes to a great leader on the financial services committee, the speaker pro tempore: scrarkd mr. hill: i thank t speaker and i do rise in opposition to h.r.543 but i do want to thank my friendrom houston, texas and colleagues who worked on many of the bills that are in the package today and it's shame that that package was not put together in such a way that we could be here in a bipartisan visit about the ones that we actually support that we think could be enacted into law. instd democrats have put togeth a package of bills that politicize our central ban and do knowing to address the insidious inflation that are hurting families and workers,

black, brown and wte. and if it's one thing i kno h.r. 2543 will not becom law. mr. speaker, on monday, people in arkansas wt to work and not as high here in washington, hurting all of our hard-working yellen is towing the illegalary party line on inflation, even economists from the left of center admit tha government spending was too much and not targeted. don't believe me in listen to president obama's key advisors. former treasure secreriy predted a month after -- treasure secretary predicted a month after president biden took office that the american rescue plan would,nd i quote, set off

inflationary pressures of a kind we have not seen in a and now larry somers are. forecasting a recession. steve ratner, mr. obama's former economic advis on his staff, to omit the importantuote, wrong contribution to inflation from excessive fiscal and monetary stimulus, closed quote. the truth is, aer the cares act in the december appropriations bill in 20, there was plenty of covid money left over and the economy was well on its way to recery, with vaccines bei distributed. but house democrats supercharged demand side stimulus by adding another $2 trillion in unpaid-for spending in that so-called american rescue plan. feeling rescued.ricans aren't they're feeling like hostages. hostages to the daily theft of

the biden inflation. now, mr. speaker, the president no fashions himselfs a budget hawk, saying last month that he personally reduced the deficit last year and complaining that we on this se of the aisle aren't giving him any cdit. but what he doesn't tell you is he's taking credit for deficits that were falling due to those expiring covid programs. the facts are mr. biden hot reduced deficits. in fact, he's increased them. theongressial budt offi's latest numbers project $16 trillion in additional debt between now and 2032. so i hear a lot of talk about deflection o our house floor today. d the deflection of this bill, mr. speaker, is e deflection from the insidious inflation that our families are facing. if house democrats were serious, they would target and spend less money. they'd sp blaming putin and accusing american companies of price gouging. they'd stop cutting off energy thugh e.s.g. mandates andies

intimidating banks. and they'd stop threatening trillions in more taxes. and while government spending have contributedo higher prices, this inflation stems too from t fed's loose monetary policy. to loo, too lax for too long. and just as house and senate republicans worked to tailor an end to covid funds at the end of 2020, we also urgeheederal reserve to end zero interest tes and beginhrinking their balance sheet. instead of doing anything to address the root causes of inflation, h.r. 2543 on the house floor would insad expand the fed's mandate to ilude socioeconomic disparities. two weeks ago mr. biden met with fedhair jerome powell in the he eraced the fed'sr. biden sai independence, apparently house democrats didn't ge the memo. at a time when our central bk has failedo carry out its current mandate for sound money

and price stability, democrats nt the fed to not only be a -- climate regulator but also to end racial inequity. expanding the fed's mandate would further inject uncertainty and risk into the fed's monetary policy and politicize our historically indepennt cal bank. houseepublicans believe congress should return to pre-pandemic debates on our spending priorities, abandon econic pop science fads like modern monetary theory, and urg the federal reserve to return to its core mission, and urge my h.r. 2543. to reject this bill, thspeaker pro tempore: the gentleman from north carolina reserves. the gentleman from texas is recoized. mr. green: mr. speaker, have nodditional speakers and i'm prepared to close. the speaker pro tempore: the gentleman reserves the balance of his time. carolina is recognized.h mr. mchenry: i prepared to close. is the gentleman prepared to close?

esn't have any further speakers? the speaker pro tempore: the gentleman is recognized. mr. mchenry: mr. speer, i yield myself such time as i may consume. mr. speaker0% of americans say inflation is the most importanissue facing the country. and that's according to abc news/ipsos poll. can't get 80% of the american people to agree on anythingn our political discussion. but they agree that this economy andhis inflation are problematic. we've been given our marching orders. congress must act to address skyrocketing prices and provide relief to suggling families. sa we should be voting on.eopl yet here we are, debatg a bill that has no chance o becoming law. i've run through aong list of

i this iny opening so i'dnd did rather spe the rest of my time discusng what western north carolinians are most worried about. my constituents are most worried about. in the core partf my distrt, the cost of housing alone has increased mor than 15% since last last year. where i live, in the lake norman region, local food banks are struggling to keep up with the surging cost of food and increased demand stemming from those costs. one food bank operator said, quote, we are out of staples. that's a frightening thing. that is a frightening thing. and they also added, we're tired of high grocery bills. we're tired of gas prices going up. and that's one of my constituents from winston-salem said that on a local fox affiliate. north carolinians are fed up.

the american people are fed up. they don't like when they -- what they see economically and they deserve real answers, real solutions to address that core problem. the core issue. of inflation. so let me be clear. there is no mystery of why we have runaway inflation. it's democrats' reckless spending that is the driver of this. they've managed the fiscal house for a year and a half and they've managed to drive our economy into the ditch. so we've got to get it out of the ditch. we've got to get it back on the road and we've got to be in the right direction with a growing economy, not a shrinking economy. and with wages increasing more than the cost of the goods that people need to live. so instead of addressing this crisis of their own making, democrats would rather distract americans with a bill that does nothing to bring down costs. this is yet another attempt to

distract the american people from that basic challenge, that basic fact of high inflation. but to my colleagues on the other side of the aisle, you're not fooling anyone. the american people are on to who caused inflation, who started inflation, who is driving up the cost of energy bills, both at home and in your car. they understand why and there are real consequences for not addressing the needs of the american people. thankfully i have faith in the american people to get this right. and i hope our elected officials will follow suit. we on the republican side of the aisle are hearing this loud and clear. that's why we are trying to return to fiscal stability and if is cal sanity and return -- if is cal sanity around -- fiscal sanity and a return to stable money. we should reject this bill that

does nothing to answer those -- the call the american people have made. so with that i urge a no vote and with -- and would yield the balance of my time or such time as he may consume to my colleague, french hill from arkansas. the speaker pro tempore: the gentleman from arkansas is recognized. mr. hill: i thank the speaker and i also thank my good friend, the ranking member, mr. mchenry, for his leadership. and, mr. speaker, i have a motion to recommit. and it addresses the core flaw that house republicans believe resides today. because we hear the voices of those 80% of americans that say that $5,000 extra coming out of our pockets is what's hurting the working families, black, white and brown, in my home state of arkansas. we know inflation is the top issue facing this house, facing our families that we represent, and that's why if we were to adopt my motion to recommit, we

would instruct the committee on financial services to adopt my amendment to h.r. 2543. and this amendment, mr. speaker, is straightforward. it would simply focus the federal reserve as representative donald so eloquently outlined, it would focus the federal reserve on a single mandate, price stability. mr. speaker, i ask unanimous consent to include the text of my amendment into the record immediately prior to the vote on the motion to recommit. the speaker pro tempore: without objection. mr. hill: i thank the speaker and i yield back to my friend from north carolina. mr. mchenry: i yield back the balance of my time. the speaker pro tempore: the gentleman from north carolina yields back the balance of his time. the gentleman from texas is recognized. mr. green: thank you, mr. speaker. mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. green: mr. speaker, it's painful to hear a member of congress talk about reckless

spending when that spending is what was necessary during a pandemic. reckless spending to allow people to receive some sort of help when they couldn't go to work, mr. speaker. my colleagues across the aisle would not have helped the american people who are out of work during a pandemic because it would be reckless spending. reckless spending to keep people in their homes and not allow them to be foreclosed on. my colleagues across the aisle would have allowed people to be evicted and their things thrown in the streets. because to them helping people in a time of crisis is reckless spending. reckless spending, to put food on the table of people who can't go to work. reckless spending to make sure babies and children who are going to school get proper schools that can protect them during a virus, a pandemic that was killing people worldwide.

we put money into schools. we put money into police departments and fire departments. but that's reckless spending to my colleagues across the aisle. they are the best on the planet at doing nothing. do-nothing politics is what that's all about. they find clever ways to find an opportunity to do nothing by saying things that mean nothing to the people who need help. reckless spending. how dare you call it reckless spending when people are suffering and need help. now, let me continue with the brookings institution, with my final minutes. efforts by black americans, this is from the blockings institution, -- brookings institution, to build wealth can be traced back throughout american history. but these efforts have been impeded in a host of ways, beginning with 246 years of slavery. followed by congressional

mismanagement. let me repeat that. by congressional mismanagement of the friedman's savings bank which left detoeser toes with -- depositors without their money. the violent massacre and decimating of tulsa's greenwood district in 1921, a population of 10,000 that thrived as the epicenter of african-american business and culture, commonly referred to as black wall street. and discriminatory policies throughout the 20th century, including jim crow's area, strictly limiting opportunities in southern states. mr. speaker, today has been the best evidence we need of why invidious discrimination exists in this country. because there are people across the aisle who will tolerate it and who will come to this floor and talk about americans as though you have to be white to

be an american. as though people of color don't count. as though the lgbtq-plus community doesn't count. and that women don't count. to them, if you're a white man, you're an american. but what about the rest of the people in this country who suffer? mr. speaker, it's a sad day to hear my colleagues across the aisle speak of reckless spending when people were suffering. i thank god that we have the courage to help people in a time of need. and if i could do it again, i would do it because i saw the suffering. perhaps they don't see the suffering that i see. but i saw it. and i was prepared to do something about it. and i believe that in the final analysis, those who refuse to tolerate the kind of invidious discrimination that we suffer each day in this country, they

will be vindicated. they will be vindicated. i'm grateful for the time, mr. speaker. and i yield back. the speaker pro tempore: the gentleman from texas yields back. all time having expired, each further amendment printed in part b of house report 117-366 not earlier considered as part of amendments en bloc, pursuant to section 3 of house resolution 1170, shall be considered only in the order printed in the report, may be offered only by a member designated in the report, shall be considered as read, shall be debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, may be withdrawn by the proponent at any time before the question is put thereon, shall not be subject to amendment and shall not be subject to a demand for division of the question.

it shall be in order at any time after debate -- -- -- -- -- . 1:45. .

misgar yeah offered an amendment that on unfair funding rmulas. house republicans agree that hud shouldot get in th wayf local public hsi authority asstance. a recent government accountabili office study examines well -- there is a request in the bill that we hav a study and examine and rept on impedements that h.u.d. is putng in place so we can housing and urban develment to serve and for public housing authorities to serve. but rather than work with committe republicans, democrats poison the well with the progressivease. in this en bloc, democrats want to further politice by aing a third mandate to address

sociconomic issues. will divert the fed's attenon. and will threaten the stability of the monet policy add uncertainty and risk.fed and the federal reserve is independent for a reason. it ensures that it is accountable to american people d long-term economic growth, t the political whims or serving one pty her in washington and even president biden anoedged the importance of the fed's independence and scalled plan fo fighting inflation. additionally, this en bloc continues and for example, it directs hud and tasury to create a task force. and housing doesn't need another task force. and it's missi isonclude

inclusive authorities. hod hod needs to assist individuals that it is tasked. this en bloc is more of the same and politicize the fed and expand the make credit harder to access and more expensive and harming consumers democrats are claiming to help. i urge my colleagues to oppose this en bloc and oppose the bill. and i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time the gentleman from texas is recognized.

mr. green: mr. speaker, this is not another mandate. this is simply a requirement that the fed fulfill it's two mandates, dual mandates, to all of its people, to make sure that all people have price stability. this is what it is about. mr. speaker, i now the gentlewoman from new york, ms. velasquez one minute. ms. velazquez: i rise in strong support of the en bloc amendment. the covid-19 pandemic exacerbated the wealth and economic inequities that small business owners in our nations and communities of color. as chair of the small business committee i fought to ensure our women's lgbtq and minority-opened business had

federal access and mainstream sources of credit as white owned firms or those with preestablished relationships with the big banks. unfortunately, structural values and historical inequities in our society continue to cost women and small business owners to face ongoing challenges when applying for timely credit. this bill will help break down the structural barriers and rule out discrimination where it exists and promote interviewership and other wealth-building opportunities for women and lgbtq and women of color. by addressing this, we can create a more resilient economy and one that works for everyone. i urge a yes vote on this bill. i yield back. the speaker pro tempore: the gentleman from north carolina is

recognized. mr. mchenry: reserve. the speaker pro tempore: the gentleman from texas is reserved. mr. green: how much time is remaining. the speaker pro tempore: the gentleman from texas has 71/4 remaining and the gentleman from north carolina has six minutes remaining. mr. green: may i have a moment. i now yield one minute to the the gentlewoman from michigan. ms. lee: thank to our committee staff working with me on an amendment and for their leadership on the bill as a whole. i am proud to represent a community that is incredibly diverse and our diversity is our strength and the way our is outdated and desperately needs change our government considers

people of middle eastern to be white and a characterization is sri inaccurate. our government has broad categories that lumps broad continents and ignoring the vast diversity. it builds on congresswoman jayapal's amendment to provide maximum flexibilities to americans so they can reflect their race and eggs nicety on government forms. this will help us in congress and our government to better identify issues affecting special communities and programs that are effective to serve. with that, i yield. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina. mr. mchenry: i'm prepared to close and reserve. the speaker pro tempore: the gentleman from texas.

mr. green: i yield one minute to the gentlelady from massachusetts. ms. pressley: our policies and financial systems have exacerbated inequities. i rise in support of our disabled neighbors. bypassing the h.r. 2543, the house will move one step closer to addressing these injustices and iize in support of a series of amendments i have offered to advance disability injustices d.m. anand: increase access to interpretation services including american sign language. my amendment will hold corporations accountable to disclose the disability status based on self-identification of their board of directors and executive officers. the status quo will not change until we recognize the disability rights are human rights and call out the barriers that the disability community faces.

i urge you to support my amendments and the underlying bill and i yield back. the speaker pro tempore: the gentleman from texas is recognized. mr. green: i yield one minute to the the gentlewoman from ohio, ms. brown. >> i thank chairwoman waters. consumers and businesses in the underserved have been blocked from accessing capital and this works in racial inaquult and cut off opportunity for too many americans. this bill recognizes these changes and supports efforts to eliminate racial disparities in lending. my amendment requires the federal reserve monetary policy to include demographic information with individuals with dependent children in its analysis. why is it important? because while the unemployment rate is near historic low, women with children have been one of the lowest -- slowest groups to return to work.

solutions like the child tax credit and affordable child care would help working families balance child care responsibilities and their career and this amendment would environs her we have the data to understand this pop and begin to address it. i thank chairwoman waters and i urge my colleagues to support my amendment and the underlying bill and i yield back. green bay green i now -- mr. green: i now yield one minute to the gentlelady from texas, ms. jackson lee. the speaker pro tempore: the gentlelady is recognized for one minute. ms. jackson lee: thank you. 2543 represents a size minuting and powerful -- seismic and powerful response to racial discrimination in financial products. thank to chairwoman waters and to my colleague who is managing for the leadership given. my amendment is very important. i am pleased that my amendment is included in the en bloc amendment, the financial

services committee has today. it requires the federal reserve board to submit a report to congress about the prevalence of racial discrimination in lending to victims of a federally declared disaster. i know it well. this amendment merits the support of all of my colleagues because no district is exempt from natural disasters. i'm reminded of 2017, among other in my district, where it was devastated by hurricane harvey. over an area of 41,500 square miles, 21 trillion gallons of rainfall. and 1/3 of houston underwater. there was major discrimination between black and brown custodians who sought loans or home loans, refinancing to pay for repairs, faced obstacle, delays and outcomes that were different from their neighbors. this discrimination was seen in efforts to gain assistance from the small business administration. i ask my colleagues to recognize the discrimination and to fix it by adding the jackson lee amendment and i ask unanimous consent to put in the record disaster grants. i ask that and i yield back. thank you so very much. the speaker pro tempore: the gentlelady's time has expired.

the gentleman from texas reserves. does the gentleman from north carolina tennessee to reserve? mr. mchenry: continue to reserve. the speaker pro tempore: the gentleman from north carolina continues to reserve. the gentleman from texas is recognized. mr. green: thank you, mr. speaker. i now yield one minute to the gentlewoman from pennsylvania, ms. howl han. the speaker pro tempore: -- houlahan. the speaker pro tempore: the gentlelady is recognized. ms. houlahan: thank you. i rise today in support of my commonsense amendments that ensure community banking institution will work better to support young women and people of color, and that credit unions will help us advance financial literacy. as a business owner and entrepreneur myself, i understand the challenges of getting product from the garage or trunk of your car, onto a store front window or onto the online sales opportunities. and we know that community development financial institutions other cdfi's are all key partners in successful business development. but they cannot do it alone. so my first amendment builds on past successes by revising the young entrepreneurs program to ensure that women and people of color receive the focus and financial support that they

need. simply put, our local economies truly grow and thrive when we support all of our budding entrepreneurs. and we have an established partner to help us do that already, which is credit unions. which brings me to my seconder which would require credit unions to include a discrimination of financial education programs in their reports, to ensure that information is accessible and transparent. financial management, budgeting and making information effective -- an effective decisions with resources are keys to business success. i thank the chairwoman for this and with that i yield back. the speaker pro tempore: the gentlelady's time has expired. the gentleman from texas is recognized. mr. green: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. green: mr. speaker, according to a recent national bureau of economic research report, the racial wealth gap is on track to grow wider in the coming decades. it is estimated that the white to black wealth ratio will

increase from 5.6% to one in 2019 to 8.4 to one by 2200. the time to act is now. these amendments will help ensure that everyone will have a fair chance and in too many instances a first chance at economic opportunity. i want to thank our colleagues for offering their amendments and i want to urge my colleagues to vote in support of these amendments. because these amendments are principally about transparency. if you have nothing to hide, you celebrate transparency. if you have something to hide, you want to eshoo transparency. these amendments seek to provide transparency so we can get a better understanding of how we can better cure the invidious discrimination that has plagued our country for centuries.

i yield back. the speaker pro tempore: does the gentleman reserve? mr. green: i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from north carolina is recognized. mr. mchenry: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. mchenry: let's focus on the main thing. the main thing to the american people right now is what they see when they fill up their gas at the pumps, fill up their tanks at the pumps and buy gas. it's what they see when they go to the grocery store. it's what they see in their daily lives. what they're seeing in their daily lives is inflation at a 40-year high. here are fantastic examples that are horrible, horrible things to see. but they're important that we see. because this is how the american people, what the american people are facing. inflation's at a 40-year high. food prices are up 10%. gas, 50%. and shelter, 5.5%. from just last year.

and the american people will pay $5,200 more this year than they did last year for the same goods and services. this is a direct result of democrats' fiscal plans. it is a direct result of the democrats' economic strategy. and we're suffering the consequences for -- from it. this bill and the amendments passed on the floor today will do nothing to help struggling american families. nothing. instead, they'll politicize the fed, expand the cfpb's authority and make credit more expensive and harder to get. this is bad news. it's bad policy. it's a bad process. we should reject it, we should make sure this bill does not become law. i urge a no vote and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. pursuant to house resolution

1170, the previous question is ordered on the amendments en bloc offered by the gentleman from texas, mr. green. the question is on the amendments en bloc. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it, anded en bloc amendment is agreed to -- and the en bloc amendment is agreed to. without objection, the motion to reconsider is laid upon the table. the gentleman from north carolina. mr. mchenry: i ask for a recorded vote. the speaker pro tempore: pursuant to section 3 of house resolution 8, the yeas and nays are ordered. pursuant to clause 8 of rule 20, further proceedings on this question are postponed. for what purpose does the gentleman from texas seek recognition? mr. green: mr. speaker, pursuant to section 3 of house resolution

1170, i offer amendments en bloc number 2. the speaker pro tempore: the clerk will designate the amendments en bloc. the clerk: en bloc number 2 consisting of amendments numbered 6 and 24, printed in part b of house report 117-366, offered by mr. green of texas. the speaker pro tempore: pursuant to house resolution 1170, the gentleman from texas, mr. green, and the gentleman from north carolina, mr. mchenry, each will control 10 minutes. the chair now recognizes the gentleman from texas. mr. green: thank you, mr. speaker. mr. speaker, the republican amendments presented here today stand as a testament to republican values. namely, a tolerance for wealth inequality and racial discrimination. let's be clear. the amendment from mr. timons would strike large portions of the bill and make no attempt to improve it.

as for the amendment from. mr. davis, it would strike provisions requiring the reports of small business lending data, effectively allowing banks to continue to hide the extent to which they are denying small business owners of color access to affordable credit. according to a fed survey, 46% of black-owned firms that applied for financing received none of the financing they sought. compared to just 22% of white-owned firms. we need more granular data on these trends to root out discrimination in lending once and for all. for these reasons, i urge my colleagues to oppose this amendment and i reserve the balance of my time. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: mr. speaker, i rise in support of the republican en bloc and yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. mchenry: this amendment --

the amendments in this en bloc are where we should have started this debate. these amendments would improve the bill and provide real solutions for the american people. who are suffering under the weight of misguided democrat economic policies. in whole, this amendment package would make the bill bipartisan and give us a real chance to pass the senate and become law. these amendments would preserve the sections of the bill that republicans supported during committee consideration. such as promoting new and diverse depository institutions, improving corporate governance through diversity, ensuring diversity in community banking, expanding opportunity for minority depository institutions, and improving the cdfi bond guarantee program. these are the bipartisan pieces of the bill. these five bills are the result of bipartisan discussions and compromise. they show that congress is

capable of working. and putting the american people first, rather than really a far left agenda that the rest of the bill is pushing. these bills collectively would help to identify and implement solutions to support small banks and credit unions in the communities they serve. furthermore, this amendment en bloc would strike section 1071 of the dodd-frank act, which requires the consumer financial protection bureau, which is an unaccountable agency, by the way, to issue a rule to force banks and credit unions to collect and report demographic data on small business loan applications. we've seen what the cfpb can do under director chopra's scorched earth policies. this proposed rule will make small business lending more costly and difficult for football institution -- financial institutions of all shapes and sizes. it will also choke off the very

access to credit those small businesses need right now. so instead of limiting small business credit options and saddling them one necessary regulations as the underlying bill does, we should focus on fostering growth and help small businesses succeed. i urge my colleagues to support this en bloc and i reserve the balance of my time. the speaker pro tempore: the gentleman from north carolina reserves. the gentleman from texas is recognized. mr. green: mr. speaker, i have no further speakers and i'm prepared to close. i reserve the balance of my time until the gentleman from north carolina yields back. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from north carolina is recognized. mr. mchenry: in closing i would reiterate this, the amendments in this en bloc are what we should have started this debate and how we should have started this bill. they would improve -- these amendments would improve the bill and provide real solutions for the american people who are suffering under the weight of misguided democrat policies.

i urge my colleagues to vote yes to this en bloc and yield back -- and i yield back. the speaker pro tempore: the gentleman from north carolina yields back. the gentleman from texas is recognized. mr. green: mr. speaker, what we've been witnessing today -- i yield myself the balance of my time, mr. speaker. the speaker pro tempore: the gentleman is recognized. mr. green: thank you. mr. speaker, what we've been witnessing today is the behavior of persons who chose not to help the american people in a time of need. when the american people were being evicted from their homes, they chose not to help. when schools were plagued by a virus and needed funding so that they could secure our children from the veers, they -- virus, they chose not to help. when people were out of work and needed help to put food on the

table, fuel in their cars, they chose not to help. and because they chose not to help, they have to call any help that was given reckless and they have to call it bad policy. but the truth is, if you do nothing, you put yourself in a position such that you cannot appreciate the suffering of people who are in the midst of a worldwide pandemic. they chose not to help. we choose to help and we continue to help. mr. speaker, it's a sad day when people will call saving homes and keeping children safe from a virus reckless policy. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. all time has expired. pursuant to house resolution

1170, the previous question is ordered on amendments en bloc offered by the gentleman from texas, mr. green. the question is on amendments en bloc. those in favor say aye. those opposed, no. in the opinion of the chair the ayes have it. >> mr. speaker, may i have a recorded vote. the speaker pro tempore: pursuant to section 3 of house resolution 8, the yeas and nays are ordered. pursuant to clause 8 of rule 20, further proceedings on this question are postponed. it is now in order to consider amendment number 10 printed in part wb of house report -- part b of house report 117-366.

for what purpose does the gentleman from texas seek recognition? >> i have an amendment at the desk made in order by the rule. the speaker pro tempore: the clerk will designate the amendment. the clerk: amendment number 10 printed in part b of house report 117-366, offered by vicente gonzales of texas. the speaker pro tempore: the gentleman will suspend. pursuant to house resolution 1170, the gentleman from texas, mr. gonzales, and a member opposed each will control five minutes. the chair now recognizes the gentleman from texas. mr. gonzales: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. gonzales: my amendment to h.r. 2533, the federal income equity act ensures no changes made by this bill will prohibit community banks from expanding into underserved arias as defined by the bill.

access to credit is a building block for aspiring entrepreneurs and small business owners and helps create job and boost local economic power and growth. my amendment helps increase banking opportunities in rural and underserved areas and i urge my colleagues to support it and the base legislation, i reserve the balance of my time. the speaker pro tempore: the gentleman from texas reserves. for what purpose does the gentleman from north carolina seek recognition? >> i claim time in opposition but i'm not opposed to the amendment. the speaker pro tempore: without objection, the gentleman is recognized. >> mr. chairman, i yield myself such time as i may consume. i appreciate mr. gonzalez's attempt to help community banks. i would say that this amendment doesn't do anything substantive to the bill. it doesn't help community banks compete and survive in the current regulatory environment. in fact, if we're really serious about helping community banks, we would be looking at the dodd-frank act and the

additional regulatory burdens in place on these financial institutions, but we're not. this bill doesn't do that. we would be look at the regulatory burdens that dodd-frank keeps on institutions that keeps them from lending to their consumers. the compliance costs, burdens, to make accessing credit more difficult. especially for hard to reach communities. i would just add that the last year democrats got rid of the true lender doctrine which focused on providing legal certainty to banks and fintech partnerships. that would have actually helped the true leapedder doctrine would have helped provide clarity and lower the costs and access to credit. it's these partnerships between fintechs and community banks that harness and scale technology and provide consumers with the financial products they want and need. in particular in underserved communities. so if we're really serious about

reaching underserved communities and i think we should be we should restore the true lender doctrine and right size overly burdensome regulations on community banks. so i think those are important things, important points i'd like to make in light of this amendment. i welcome the discussion about those issues. i think we have a lot of mutual concerns about the challenges the american people are facing. but i think it's important we get to the big issues that are central in this economy given the economic circumstances we're currently in as a result of democrat policies. we should be working to fix those big issues. so while i'm not opposed to the amendment, i think it's fine, i'm not going to oppose it. i think it's important that we highlight the big and essential things we should be about. with request that, i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from texas is

recognized. mr. gonzalez: mr. speaker, i have no further questions and i'm prepared to close. the speaker pro tempore: the gentleman from texas reserves. the gentleman from north carolina is recognized. mr. mchenry: i yield myself she the remainder of my time. the speaker pro tempore: the gentleman is recognized. mr. mchenry: i would reiterate this amendment doesn't do anything substantive. if we're serious about helping community bank, right-sizing burdensome regulation would be the way to go. reinstating the true lender doctrine would be a strong first step. those are bigger things we should be doing to help these institutions. while i'm not opposed to the amendment i think we should be doing the big, substantive items that are important for us to have a competitive economic situation for working americans. so while i'm not opposed, i would just say we should be about these bigger items and focus on them. so with that, i yield back the balance of my time.

the speaker pro tempore: the gentleman yields back. the gentleman from texas is recognized. mr. gonzalez: i urge my colleagues to support this amendment and the chairwoman's underlying bill. i yield back the balance of my time. the speaker pro tempore: the gentleman from texas yields back. pursuant to house resolution 1170, the previous question is ordered on the amendment offered by the gentleman from texas, mr. the question is on the amendment. those in favor say aye. those opposed, no. in the opinion of the chair the ayes have it. >> i request a recorded vote. the speaker pro tempore: pursuant so section 3-s, the yeas and nays are ordered. pursuant to clause 8 of rule 20, further proceedings on this question are postponed.

it is now in order to consider amendment number 19 printed in part b of house report 117-366. for what purpose does the gentleman from new jersey seek recognition? >> i have an amendment at the desk. the speaker pro tempore: the clerk will designate the amendment. the clerk: amendment number 19 printed in part b of house report 117-366 offered by mr. payne of new jersey. the speaker pro tempore: pursuant to house resolution 1170, the gentleman from new jersey, mr. payne, and a member opposed each will control five minutes. mr. payne: i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. payne: i rise today to encourage everyone to support adding our bipartisan amendment,

the text of the bipartisan payment choice act to the bill. recently, the bill passed the financial services committee on a bipartisan vote. i would like to thank chairwoman waters for her work in helping to advance our legislation. and i want to thank my colleagues, ms. garcia of texas and mr. smith of new jersey for their leadership in support of it. the payment choice act guarantees that every consumer has the choice to pay cash for goods and services. right now, there is an attack on american currency. companies are trying to ban cash in their stores. but cash is a simple, common, and anonymous, and it is the necessary form of payment for 55

million americans. that's right. 55 million americans in this country. the bill does not prohibit digital or other payments. instead it protects cash as a payment in this nation. as it has been throughout our history. and it protects americans from being rejected from stores because they can only pay in cash. several cities and states have enacted their own laws to protect the right to pay cash already. this bill would provide a single law to protect carbonationwide. more important, the bill would protect the privacy of americans. there is no data collection with cash transactions. cash is a private transaction. customers should have the right to refuse to hand over their information for a simple purchase. it is not a partisan issue

because democrats and republicans support this bill. therefore it is an american issue to protect american currency. i encourage all members to support our amendment and i reserve the balance of my time. the speaker pro tempore: the gentleman from new jersey reserves. for what purpose does the gentleman from north carolina seek recognition? >> i claim time in opposition to this amendment and i am recognize. the speaker pro tempore: the gentleman is recognized. mr. mchenry: this amendment is a solution in search of a problem and provides a pathway for frivolous lawsuits in federal court. cash continues to be an important form of payment in many communities across america. however businesses that have a substantial number of customers who wish to transact in cash already accept cash. the amendments requirements -- the amendment's requirements will impact small business owners in particular who will be required to accept cash payment whether or not it makes economic or business sense.

additionally this amendment would give preferential treatment to ancillary service providers that may be facing a downturn in demand for services due to an increasing electronic payment usage desire among consumers. let's look the bill. let me try explain it. the bill would -- the bill would prohibit retail businesses from refusing cash payments below $2,000. so it would prohibit the retail business from charging a higher price to any customer who pays by cash than is customarily going to be charged for using other forms of payment. it provides a private right of action, that means they can sue in federal court for consumers who are agrieved. and the amendment provides exceptions to these prohibitions

including if the business provides a mechanism to convert cash to prepaid cards. so this is really the desire to force basically a.t.m.'s into retail establishments. that's the construct of the bill. so imagine you're a small business and now under federal law you're required to take a $2,000 cash payment. that seems onerous. imagine you're a small business person who is now going to be faced potentially with lawsuits in federal court for a failure to provide an a.t.m. machine in your establishment. this seems quite onerous. we can get into the question of the soundness of a fully digitized world. last serious debate to be had here. there's an economic inclusion debate that is necessary for us to have. you know in. a world of digital payments, not everyone is digital. so we have to make sure that we

get to those key issues. but this bill is rather convoluted. it provides a number of requirements for businesses that are not in keeping with trying to get at the question of cash acceptance. and i think we should have -- i think we should have some serious discussions about cash acceptance, especially for our communities across america that are not online and don't have credit cards or prepaid cards in their pocket. and so i think there are things that we can still work on in this space. unfortunately this bill is too convoluted with too many mechanisms that would provide too many opportunities for new lawsuits. oppose it. i think it's important that we oppose this amendment. as i did in committee. and so with that, i reserve the balance of my time. the speaker pro tempore: the gentleman from north carolina reserves. the gentleman from new jersey is recognized. mr. payne: thank you, mr. speaker.

i really appreciate the gentleman's wonderful summary of my bill up until the point where he raised the issue around preferential businesses. such as a.t.m.'s. there's no preferential treatment for any industry in this bill. all retail transactions are treated the same. and as the gentleman speaks on business being able to hire -- charge a higher price, it's normally, i don't know in north carolina but in new jersey when i go to the gas station, there's a higher price charge for credit. not cash. so i think he kind of had that in reverse. this is an opportunity for 55 americans, mr. speaker, continue

to be a part of this economy without having or people that don't have banking accounts or are underbanked there is a population in this nation, believe it or not, there's a population in this country that rather not be in the banking system. and so i am just trying to protect the underserved, the underbanked, i don't know the makeup of the gentleman's district in north carolina, although i think his attired splendor with the bow tie, but back in his district i don't know if they're affluent or not. i have some of the poorest americans in my district and they are reaching out to me to say what do i do?

what happens to the grandmother that lives in a two-flight walkup and the store that the uses is on the first floor and mr. speaker, now this business decides that they're not going to accept her cash anymore. you're asking this woman to walk another three or four blocks to find someone like a pauper, who will take my cash? who will take my cash? will you take my money in will you take my cash? no. no cash allowed here. be gone. that's what we're looking at. that's what we're trying to prevent. and so, mr. speaker, i just say that we are here to fight for the underserved. the underbanked. and the ununbanked.

i yield back. the speaker pro tempore: the gentleman from north carolina is recognized. mr. mchenry: is the gentleman's time expired? the speaker pro tempore: the gentleman's time has expired. mr. mchenry: i yield myself such time as i may consume. i would say, mr. speaker, i agree with the gentleman from new jersey, i agree with mr. payne. on his choice of attire. i think the fact that two of us that are very well-dressed, appropriately dressed, i would say, are having a debate and we're on different sides of this is very unbecoming of the bow tie community. we stand together more closely than this. look, mr. speaker, i welcome my colleague, the fact that he has undertaking in this arena to talk about the question of cash acceptance, i think to is an important one. there are a number of questions i've raised about this bill that i think are important. the private right of action in federal court is problematic for

us on this side of the aisle. the requirement to have a machine on site, on page two of the bill it says the retail facility or whatever the facility is that's accepting payment, they have to provide customers with a means on the premises to convert cash into a card that is either a general use prepaid card, a gift card or an access device for electronic funds transfers. so it is a very specific requirement to have on premises. so imagine the same scenario, this nice lady that lives in his district, mr. payne's district, who goes downstairs to purchase whatever. onstruct of this bill that wouldn't be sufficient. there are important things to get here. i oppose the amendnt.

i welcome the debate. the speaker o tempore: pursua thoe resolutio 1170,he previous question is ordered o the amendment offerbyw jersey, mr. payne. the question is on the amendment. so many as are in favor say aye. those opposed, no. in the opini of thehair the ayesave it. the amendment is agreed to. the gelema from florida. >> requesthe yeas and nay ask for a recorded ve. the speaker propore: the gentleman from north carolina has reqsted aecorded vote. pursuant t section 3 of house resolution 8, the yeas d ys are ordered.rsuant to clause 8 , furtherceedin on this questi are postponed.

proceedings will now resume on questions pviously posoned. bothill be taken in the following order. the followi amendments to h.254. amendments en blo numr 1. amendments en bloc mber. amendments number 10 a amendment number 19.a motion to3 is offered a passa of h.r 2543, if orded. the fir vote in this series will be on -- will be a 15inuteote. remaining votes o this section will be fivmite vot. pursuant to clause 8 of rule 20, the unfinished business is t question o amendments blo number 1 pnt in part b of hous report 117-366, ordered by

the -- offered by the gentleman from texas, m green. clerk willesignate the amendmen en bloc. the cle: bloc number 1 nditionciesing of andment numbered 1 2, 3, 4 5 7, 8, 9, 11, 12, 13, 14, 15, 16, 17, 18, 20, 22, 23, 25,6, and 27 printed i part ohouse report numr 117-366 o 2:30. bloc offered by e gentman fromex. members will record their te by electronic deve. this i a 15-minute vote. [ctioninmade psible t nationalaptioning initute, in, in cperation with e uned states house reprentives any e t closecaptioned coverage of the hous proceedis for licaor commercial purpos is eressly prohibited by the u.s. house of representatives.]

the speaker pro tempore: for what purpose does the gentlewoman from the state of delaware seek recognition? >> as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote yea on the amendments en bloc number one.

the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kahele, i inform the house that these members will vote yes on the amendments en bloc number 1.

the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by mr. carter of texas, mr. gohmert of texas and mr. brooks of alabama, i inform the house that they will all vote no on en bloc number one.

the speaker pro tempore: for what purpose does diswravment ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei, nevada, i inform the house that mr. amodei will vote nay on en bloc number 1. thank you.

the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko from new york, i inform the house that mr. katko will vote yea on en bloc number 1. thank you.

the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> madam speaker, as the member designated by mrs. walorski of indiana, i inform the house that mrs. walorski will vote nay on en bloc number 1.

the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: madam speaker, as the member designated by ms. dina titus and mrs. bonnie watson coleman, i inform the house that these members will vote yes on the amendments en bloc number 1.

the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko of new york, i inform the house that mr. katko will vote nay on en bloc number 1. thank you. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? mr. beyer: madam speaker, as the member designated by mr. danny davis of illinois, ms. newman of illinois, mr. mceachin, ms. moore, mr. evans, mr. connolly, dr. lowenthal, mr. suozzi i inform the house that these eight members will vote yes on amendments en bloc number 1.

the speaker pro tempore: on this vote, the yeas are 215, the nays are -- the speaker pro tempore: on this vote, the yeas are 217, the nays are 192. the amendments en bloc are

adopted. pursuant to clause 8 of rule 20, the unfinished business is the question on amendments en bloc two printed in part b of house report 117-366 offered by the gentleman from texas, mr. green. the clerk will redez eggic nate the amendments. the clerk: en bloc number two consisting of amendments 6 and 24 printed in part b of house report 117-366 offered by mr. green of texas. the speaker pro tempore: the question is on the amendments en bloc offered by the gentleman from texas. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by

mrs. walorski of indiana, i inform the house that mrs. walorski will vote yea on en bloc numbertwo. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by ms. tenney of new york, pursuant to house resolution 8, i inform the house that ms. tenney will vote yes on amendments en bloc numbertwo. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? >> madam speaker, as the member designated by mr. suozzi, mr. mceachin, ms. moore, ms. newman, danny davis of illinois, mr. connolly, dr. lo when that will and mr. evans, i inform the house that these members will vote no on the amendments en bloc number two. the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei of nevada, i inform the house that mr. amodei will vote yea on en bloc number two. the speaker pro tempore: for what purpose does the gentlewoman from florida seek recognition? >> madam speaker, as the member

designated by ms. pingree of maine and mr. lawson of florida, i inform the house that these members will vote nay on amendments en bloc number two. the speaker pro tempore: for what purpose does the gentleman from michigan seek recognition? >> as the member designated by mr. rice of south carolina, i inform the house that mr. rice will vote yea on en bloc number two. as the member designated by mr. gonzalez of ohio, i inform the house that mr. gonzalez will vote yea on en bloc number two. the speaker pro tempore: for what purpose does the gentlewoman from north carolina seek recognition? >> madam speaker, as the member designated by mr. price and mr. hank johnson, i inform the house that these members will vote no on amendments en bloc number two. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> madam speaker, as the member designated by representative stanton of arizona, i inform the house that mr. stanton will vote no on amendments en bloc number two.

the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> madam speaker, as the member designated by chairwoman maxine waters, i inform the house that ms. waters, chairwoman waters will vote no on the amendments en bloc number two. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by mr. gohmert of texas, mr. carter of texas and mr. brooks of alabama, i notify the house that they will all vote yes on en bloc number two. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kahele, i inform the house that these members will vote no on amendments en bloc number two.

the speaker pro tempore: for what purpose does the gentleman seek recognition? >> as the member designated by ms. mace, i inform the house that representative mace will vote nay on en bloc two. the speaker pro tempore: for what purpose does the gentleman from new york seek recognition? mr. jeffries: as the member designated by chairwoman eddie bernice johnson and scott peters, i inform the house that these members will vote no on amendments en bloc two. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> as the member designated by mr. green of tennessee and

mr. palazzo of mississippi, i inform the house that mr. green and mr. palazzo will vote yea on en bloc number two. thank you. the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition? >> as the member designated by mr. o'halloran of arizona, i inform the house that o'halloran will vote no on en bloc number two. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> madam speaker, as the member designated by mr. van taylor of the great state of texas, i inform the house that mr. van taylor will vote yea on en bloc number two. the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko of new york, i inform the house that mr. katko will vote yea on en bloc number two.

the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition? >> as the member designated by mrs. lawrence of michigan, i inform the house that mrs. lawrence will vote no on amendments en bloc number two.

the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? >> madam speaker, as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote no on the amendments en bloc number two.

the speaker pro tempore: for what purpose does the gentleman from colorado seek recognition? >> madam speaker, as the member designated by ms. kelly and ms. davids, i inform the house that these members will vote no on the amendments en bloc number two.

the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: as the member designated by ms. dina titus and mrs. bonnie watson coleman, i inform the house that these members will vote no on amendments en bloc number two.

the speaker pro tempore: on this vote, the yeas are 202, the nays are 217, the amendments en bloc are not adopted. pursuant to clause 8 of rule 80, the unfinished business is the question on amendment 10 printed in part b of house report 117-366 offered by the gentleman from texas, mr. gonzalez. the clerk will designate the amendment. the clerk: amendment number 10 printed in part b of house report 117-366 offered by mr. vicente gonzalez of texas.

the speaker pro tempore: the question is on the amendments offered by the gentleman from texas. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? >> as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> madam speaker, as the member designated by mrs. walorski from indiana, i inform the house that mrs. walorski will vote nay on amendment number 10. the speaker pro tempore: for what purpose does the gentleman from california seek recognition?

>> madam speaker, as the member designated by representative stanton of arizona, i inform the house mr. stanton will vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko of new york, i inform the house that mr. katko will vote yea on amendment number 10. the speaker pro tempore: for what purpose does the gentlewoman from north carolina seek recognition? >> madam speaker, as the member designated by mr. price and mr. hank johnson, i inform the house that these members will vote yea on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei of nevada, i inform the house that mr. amodei will vote nay on amendment number 10. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? mr. beyer: madam speaker, as the member designated by mr. danny davis of illinois, ms. newman, ms. moore, mr. mceachin, mr. connolly, mr. suozzi,

mr. evans, and dr. lowenthal i inform the house that these members will vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by mr. mo brooks of alabama and john carter of texas, i inform the house that they will vote no on amendment number 10. as the member designated by mr. louie goaler of the texas, will he vote aye on number 10. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> madam speaker, as the member designated by chairwoman maxine waters, i inform the house that chairwoman waters will vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> madam speaker, as the member designated by mr. van at this letter -- tailor, the great state of texas, i inform the house that will he vote yea. >> for what purpose does gentleman seek recognition? >> as the member designated by chairwoman johnson and representative peters, i inform

the house that these members will vote yea on the kashiwada amendment. the speaker pro tempore: for what purpose does the gentleman from georgia seek recognition? >> madam chair, as the member designated by representative mace of south carolina, pursuant to h.res. 8, i inform the house that representative mace will vote yea on the gonzalez number 10 amendment. the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition? >> as the member designated by mr. o'halleran of arizona, the member would vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by ms. tenney of new york, pursuant to h.res. 8, i inform the house that ms. tenney will vote no on amendment number 10. the speaker pro tempore: for what purpose does the gentleman from colorado seek recognition? >> madam speaker, as the member designated by ms. davids and ms. kelly, i inform the house that these two members will vote yea

on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition? >> as the member designated by mrs. lawrence of michigan, i inform the house that mrs. lawrence will vote yes on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from michigan seek recognition? >> madam speaker, as the member designated by mr. rice of south carolina, i inform the house that mr. rice will vote yea on amendment number 10. as the member designated by mr. gonzalez of ohio, i inform the house that mr. gonzalez will vote yea on amendment number 10. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kehele, i inform the house that these members will vote yea on gonzalez number. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> madam speaker, as the member designated by mr. green of tennessee, i inform the house that mr. green will vote nay on amendment number 10.

madam speaker, as the member designated by mr. palazzo of mississippi, i inform the house that mr. palazzo will vote yea on amendment number 10. thank you. the speaker pro tempore: for what purpose does the gentlewoman from florida seek recognition? >> madam speaker, as the member designated by ms. pingree of maine and mr. lawson and kris of florida, i inform the house that these members will vote yea on the gonzalez amendment. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: madam speaker, as the member designated by ms. dina titus and mrs. watson coleman, i inform the house that these members will vote yes on the gonzalez amendment. the speaker pro tempore:

the speaker pro tempore: on this vote the yeas are 297, the nays are 123. the amendment is adopted.

pursuant to clause 8 of rule 20, the unfinished business of the question on amendment 19 printed in part b of house report 117-366, offered by the gentleman from new jersey, mr. payne. the clerk will redesignate the amendment. the clerk: amendment number 19, printed in part b of house report number 117-366, offered by mr. payne of new jersey. the speaker pro tempore: the question is on the amendment offered by the gentleman from new jersey. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: madam speaker, as the member designated by ms. dina titus, mrs. bonnie watson coleman, i inform the house that these members will vote yes on the payne amendment.

the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei of nevada, house that mr. amodei will vote nay on amendment number 19. the speaker pro tempore: for what purpose does the gentleman from georgia seek recognition? >> madam speaker, as the member designated by representative mace of south carolina, pursuant to h.res. 8, i inform the house that representative mace will vote no on the payne number 19 amendment. the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko from new york, i inform the house that mr. katko will vote nay on amendment number 19. the speaker pro tempore: for what purpose does the gentlewoman from north carolina seek recognition? >> madam speaker, as the member

designated by mr. price and mr. hank johnson, i inform the house that these members will vote yea on the payne amendment. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by mr. mo brooks of alabama, and john carter of texas, i inform the house that they will vote no on amendment number 19, as the member designated by mr. gohmert of texas, he will vote yea on amendment number 19. the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition? >> as the member designated by mrs. lawrence, i inform the house that mrs. lawrence will vote yes on the payne amendment. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> madam speaker, as the member designated by mr. green of tennessee, mr. palazzo of mississippi, i inform the house that both mr. green and mr. palazzo will vote nay on amendment number 19, thank you. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> as the member designated by representative stanton of

arizona, i inform the house that mr. stanton will vote no on the payne amendment. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> madam speaker, as the member designated by mr. van tailor of texas, he will vote nay on amendment number 19. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? mr. takano: madam speaker, as the member designated by chairwoman waters, i inform the house that chairwoman waters will vote yes on the payne amendment. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> madam speaker, as the member designated by mrs. walorski from indiana, i inform the house that mrs. walorski will vote nay on amendment number 19. the speaker pro tempore: for what purpose does the gentleman from colorado seek recognition? >> madam speaker, as the member designated by ms. kelly, i inform the house that she will vote yes on the payne amendment. as the member designated by ms. davids, i inform the house that she will vote no on the payne

amendment. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by ms. tenney of new york, pursuant to h.res. 8, i inform the house that ms. tenney will vote no on amendment number 19. the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition? >> as the member designated by mr. o'halleran of arizona, i inform the house that mr. o'halleran will vote yes on the payne amendment. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? >> madam speaker, as the member designated by mr. danny davis of illinois, ms. newman, ms. moore, mr. mceachin, mr. evans, mr. connolly, mr. suozzi, dr. lowenthal, i inform the house that these members will vote yes on the payne amendment. the speaker pro tempore: for what purpose does the gentleman from michigan seek recognition? >> madam speaker, as the member designated by mr. rice of south carolina, i inform the house that mr. rice will vote nay on amendment number 19. as the member designated by mr. gonzalez of ohio, i inform the house that mr. gonzalez will vote nay on amendment number 19. the speaker pro tempore: for

what purpose does the gentleman from new york seek recognition? >> as the member designated by chairwoman johnson and representative peters, i inform the house these members will vote yea on the payne amendment. the speaker pro tempore: for what purpose does the gentlewoman from florida seek recognition? >> madam speaker, as the member designated by ms. pingree of mayne and mr. larson and crist of florida, they will vote yea on the payne amendment.

the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? >> as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote yes on the payne amendment.

the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kahele, i inform the house that these members will vote yea on the payne amendment.

the speaker pro tempore: on this vote, the yeas are 224, the nays are 198. the amendment is adopted.

the previous question is ordered on the bill as amended. the question is on engrossment and third reading of the bills. those in favor say aye. those opposed, no. the ayes have it. third reading. the clerk: a bill to amend the federal reserve act to add additional demographic reporting requirements, to modify the goals of the system and for other purposes. the speaker pro tempore: for what purpose does -- the house will be in order. the house will be in order. for what purpose does the gentleman from arkansas seek recognition? >> madam speaker, i have a motion to recommit at the desk. the speaker pro tempore: the clerk will report the motion. the speaker pro tempore: mr. hill of arkansas moves to recommit the bill h.r. 2533 to

the committee on financial services. the speaker pro tempore: pursuant to clause 2-b of rule 19, the previous question is ordered on the motion to recommit. the question is on the motion. those in favor say aye. those opposed, no. the noes have it. the motion -- >> madam speaker, i request the yeas nand nays. the speaker pro tempore: pursuant to section 3-s of house resolution 8, the yeas and nays are ordered. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. walorski of indiana, i inform the house that mrs. walorski will vote yea on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman

from california seek recognition? >> as the member designated by chairwoman maxine waters, i inform the house that that chairwoman waters will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei of nevada, i inform the house that mr. a.m. day will vote yea on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? to. mr. pallone: as the member designated by ms. dina titus and mrs. bonnie watson coleman, i inform the house that these members will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> as the member designated by mr. mo brooks of alabama, mr. mr. carter of texas and mr. gohmert of texas they all all vote aye. the speaker pro tempore: for what purpose does the gentlewoman seek recognition? >> as the member designated by mr. price and mr. johnson, i inform the house that members will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentlewoman from texas seek

recognition? >> as the member designated by mr. van taylor of the great state of texas, i inform the house that mr. taylor will vote yea on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? >> madam speaker, as the member designated by mr. evans, mr. connolly, dr. lowenthal, mr, mr. suozzi, i inform the house that these members will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by ms. tenney of new york, pursuant to house resolution 8, i inform the house that ms. tenney will vote yes on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kahele, i inform the house that these members will vote yes on the motion -- no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> madam speaker, as the member designated by mr. palazzo of mississippi, mr. green of

tennessee, i inform the house that mr. paulo zoe and mr. green will vote yea on the motion to recommit. thank you. the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition? >> as the member designated by mrs. lawrence, i inform the house that mrs. lawrence will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from georgia seek recognition? >> madam speaker, as the member designated by representative mace of south carolina, pursuant to house resolution 8, i inform the house that representative mace will vote yea on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> as the member designated by representative stanton, i inform the house that mr. stanton will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from michigan seek recognition? >> madam speaker, as the member designated by mr. rice of south carolina, i inform the house that mr. rice will vote yea on the motion to recommit. as the member designated by mr. gonzalez of ohio, i inform the house that mr. gonzalez will vote nay on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition?

>> as the member designated by mr. o'halloran of arizona, i inform the house that mr. o'halloran will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko of new york, i inform the house that mr. katko will vote yea on the motion to recommit. the speaker pro tempore: for what purpose does the gentlewoman from florida seek recognition? >> madam speaker, as the member designated by ms. pingree of maine and mr. crist and lawson of florida, i inform the house that meze thens -- these members will vote nay on the motion to recommit.

the speaker pro tempore: for what purpose does the gentleman from colorado seek recognition? >> as the member designated by ms. davids and ms. kelly, i inform the house that these members will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentleman from new york seek recognition? >> as the member designated by chairwoman eddie bernice johnson and representative scott peters,

i inform the house that these members will vote no on the motion to recommit. the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? >> mr. speaker, as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote no on the motion to recommit.

the speaker pro tempore: on this vote, the yeas are 202. the nays are 219. the motion is not adopted. the motion -- the question is on passage of the bill. those in favor say aye. those opposed, no. the ayes have it. the gentleman from north carolina is recognized. pursuant to section 3-s of house

resolution 8, the yeas and nays are ordered. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: for what purpose does the gentlewoman from delaware seek recognition? ms. blunt rochester: as the member designated by mr. lamb of pennsylvania, i inform the house that mr. lamb will vote yes on h.r. 2542. the speaker pro tempore: for what purpose does the gentleman seek recognition? >> as the member designated by mr. walorski of indiana, i inform the house that mrs. walorski will vote nay on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from new jersey seek recognition? mr. pallone: as the member designated by ms. dina titus and mrs. bonnie watson coleman, i inform the house that these members will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member

designated by ms. tenney of new york, pursuant to house resolution 8, i inform the house that ms. tenney will vote no on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from virginia seek recognition? >> madam speaker, as the member designated by mr. danny davis, ms. newman, ms. moore, mr. mceachin, mr. evans, mr. connolly, mr. suozzi and dre house that these members will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> madam speaker, as the member designated by mr. van taylor, i inform the house that mr. taylor will vote nay on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from colorado seek recognition? >> madam >> 134-rs, as the member designated by ms. kelly and ms. davids, i inform the house that these members will vote yea on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from texas seek recognition? >> madam speaker, as the member designated by mr. mo brooks of alabama and mr. john carter of texas, and mr. gohmert of texas,

i inform the house that they are all going to vote a big fat no on 2543. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> as the member designated by representative stanton, i inform the house that mr. stanton will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from tennessee seek recognition? >> madam speaker, as the member designated by mr. green of tennessee and mr. palazzo of mississippi, i inform the house that mr. green and mr. palazzo will both vote nay on h.r. 2543, thank you. the speaker pro tempore: for what purpose does the gentleman from indiana seek recognition? >> as the member designated by mrs. bustos and mr. kehele, i inform the house that these members will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from ohio seek recognition? >> thank you, madam speaker. as the member designated by mr. amodei of nevada, i inform the house that mr. amodei will vote nay on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from california seek recognition?

>> madam speaker, as the member designated by chairwoman waters, i inform the house that chairwoman waters will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from gam gament seek recognition? mr. carter: madam speaker, as the member designated by representative mace of south carolina, pursuant to h.res. 8, i inform the house that mr. representative mace will vote no on h.r. 2543. the speaker pro tempore: for what purpose does the gentlewoman from florida seek recognition? miss wult: -- ms. wasserman schultz: ms. pingree of mayne, i inform the house that she will vote yea on h.r. 2543. the speaker pro tempore: for what purpose does the gentlewoman from north carolina seek recognition? >> madam speaker, as the member designated by mr. price and mr. hank johnson, i inform the house that these members will vote yea on h.r. 2543. the speaker pro tempore: for what purpose does the gentlewoman from michigan seek recognition?

>> as the member designated by mrs. lawrence of michigan, i inform the house that mrs. lawrence will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from oregon seek recognition? >> as the member designated by mr. o'halleran, i inform the house that mr. o'halleran will vote yes on h.r. 2543. the speaker pro tempore: for what purpose does the gentleman from new york seek recognition? >> as the member designated by chairwoman johnson and representative peters, i inform the house these members will vote yea on h.r. 2543.

the speaker pro tempore: for what purpose does the gentleman from michigan seek recognition? >> madam speaker, as the member designated by mr. rice of south carolina, i inform the house that mr. rice will vote nay on h.r. 2543. as the member designated by mr. gonzalez of ohio, i inform the house that mr. gonzalez will vote nay on h.r. 2543.

the speaker pro tempore: for what purpose does the gentleman from utah seek recognition? >> madam speaker, as the member designated by mr. katko of new york, i inform the house that mr. katko will vote nay on h.r. 2543.

the the speaker pro tempore: on this vote the yeas are 215, the nays are 207. the bill is passed. without objection, the motion to reconsider is laid upon the table. for what purpose does the gentleman from florida seek recognition? >> madam speaker, i hereby remove myself as a co-sponsor of

h.r. 2107. the speaker pro tempore: the gentleman's request is granted. for what purpose does the gentleman from pennsylvania seek recognition? >> madam speaker, good afternoon, i request to remove myself as a co-sponsor of h.r. 5344. the speaker pro tempore: without objection. the gentleman's request is granted. the speaker pro tempore: the chair will now entertain requests for one-minute speeches. the house will come to order. for what purpose does the gentleman from rhode island seek

recognition? mr. langevin: madam speaker, i ask unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, so ordered. mr. langevin: madam speaker, i rise today in support of the lower food and fuel costs act. every day i hear from rhode islanders rightly frustrated by the rising cost of everyday goods. exacerbated by putin's invasion of ukraine, grocery bills are climbing higher. gas costs more than $5 a gallon. and tangled supply chains continue to fuel inflation. american people are being pushed to the breaking point. the status quo is unaccept and. this bill before us will provide relief to americans feeling the pain at the bum pump by boosting domestic bio fuel production and drive down costs at the grocery stomplet best of all, democrats have worked hard to -- hand in

glove with our republican colleagues to advance this bipartisan legislation out of committee and to the house floor. madam speaker, this legislation is a great step in the right direction, but we must do more. we must crack down on gas companies exploiting this crisis for profit. like president biden suggested, we must work with oil companies to address supply and capacity shortages. finally, we don't want to be back to this point ever again. we must accelerate our transition away from fossil fuels once and for all. the american the speaker pro tempore: for what purpose does the gentleman from california seek recognition? mr. lamalfa: seek unanimous consent to address the house for one minute and revise and extend my remarks. gas prices have doubled under president biden's failed energy policies. the average price is 5