Guiding and Establishing National Innovation for U.S. Stablecoins Act--

Floor Speech

BREAK IN TRANSCRIPT

Mr. SCHUMER. Mr. President, is it true that the Parliamentarian advised leadership offices that the joint resolutions of disapproval regarding the California waivers at issue does not qualify for expedited consideration under the Congressional Review Act?

BREAK IN TRANSCRIPT

Mr. SCHUMER. Thank you, Mr. President.

Before I yield, I want everyone to understand what the essence of my question was. This week, the Republicans want to use a legislative tool known as the CRA in an unprecedented way: to repeal emissions waivers that the fossil fuel industry has long detested.

The CRA has never been used to go after emission waivers like the ones in question today. The waiver is so important to the health of our country, and particularly to our children, to go nuclear on something as significant as this and to do the bidding of the fossil fuel industry is outrageous.

And we just heard in response to my inquiry just now that the Parliamentarian affirmed this, that these California waivers are not-- not--eligible for the expedited procedures that the CRA affords.

That means that legislation to repeal these waivers should be subject to a 60-vote threshold in the Senate. To use the CRA in the way that Republicans propose is going nuclear--no ands, ifs, or buts.

BREAK IN TRANSCRIPT

Source