Financial Services and General Government Appropriations Act, 2019
Floor Speech
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Mr. HILL of Arkansas. Mr. Speaker, I want to again add my congratulations to the incoming chairwoman of the House Financial Services Committee. I look forward to working with her and our committee in the 116th Congress.
But like my friend from Georgia and my friend from North Carolina, this bill is not a constructive effort today, Mr. Speaker. We voted on this bill last week. The McConnell Senate is not going to take it up. It is not going to produce our government reopening. It is not helping the government get reopened to put people back to work doing the people's work.
So this is really a waste of our time to be on the floor today. We should be putting that emphasis on a bipartisan effort to get Democratic leadership in the House and Senate working with the President on a solution to a comprehensive border security plan and reopen this government.
I want to also thank my friend for letting me talk about the insufficiency of the Senate bill, as it does not contain our bipartisan provisions, 20 provisions this House approved, that we worked on on a bipartisan basis, that will improve access to capital across this country for small businesses, for our capital markets, and will lower the cost and make more transparent home buying.
Two things in particular I worked on with my friend, Bill Foster, from Illinois. The Volcker Rule Regulatory Harmonization Act, which we passed in this House, was not included in the Senate provision; and a provision to make insurance disclosures more transparent and more accurate for consumers for home mortgages, which was also passed, strongly bipartisan, by our committee and by this House was originally in our proposal, and it is not in the Senate bill, Mr. Speaker.
Therefore, let's say to the American people, the bill we have on the floor today is not going to result in the government reopening; it is not going to be voted on in the Senate; it is not going to be approved by President Trump; and it is deficient. It does not include the bipartisan priorities in financial services ably included in the House version by Mr. Graves.
Mr. Speaker, I thank Mr. Graves for his leadership.
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