|HOUSE MEETS AT:||FIRST VOTE PREDICTED:||LAST VOTE PREDICTED:|
|10:00 a.m.: Morning Hour
12:00 p.m.: Legislative Business
Fifteen “One Minutes”
|1:30 – 2:30 p.m.||3:30 – 4:30 p.m.|
|H.Res. 787 – Rule providing for consideration of H.R. 4566 – Alleviating Stress Test Burdens to Help Investors Act (Rep. Poliquin – Financial Services) and H.R. 5247 – Trickett Wendler, Frank Mongiello, Jordan McLinn, and Matthew Bellina Right to Try Act of 2018 (Rep. Fitzpatrick – Energy and Commerce) (One hour of debate). The Rules Committee has recommended one Rule which would provide for consideration of two bills.
For H.R. 4566, the Rules Committee has recommended a structured Rule that provides for one hour of general debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services. The Rule provides for consideration of 1 amendment, debatable for 10 minutes, equally controlled by the proponent and opponent of the amendment. The Rule allows one motion to recommit, with or without instructions, and waives all points of order against the legislation.
For H.R. 5247, the Rules Committee has recommended a closed Rule that provides for one hour of general debate equally divided and controlled by the Chair and Ranking Member of the Committee on Energy and Commerce. The Rule allows one motion to recommit, with or without instructions, and waives all points of order against the legislation.
The Rule also allows for Suspension Authority through March 23, 2018.
The Rule Waives clause 6(a) of rule XIII, the requirement of a two-thirds vote to consider a Rule on the same day it is reported from the Rules Committee against any resolution reported through March 23, 2018.
Lastly, the Rule extends clause 2 of Rule XXI (Holman Rule), which permits provisions in, and amendments to, general appropriations bills that reduce the number of Federal employees or the salary of any employee, through the end of the 115th Congress. Members are urged to VOTE NO.
H.R. 4566 – Alleviating Stress Test Burdens to Help Investors Act (Rep. Poliquin – Financial Services) (One hour of debate). This measure would amend section 165(i) of Dodd-Frank by: (1) eliminating the Federal Reserve’s discretionary authority to stress test nonbank financial companies, such as large investment firms and insurance companies; and (2) replacing the mandate that the Securities and Exchange Commission and the Commodity Futures Trading Commission issue rules requiring annual company-run stress testing for nonbank financial companies in their respective industries with discretionary rulemaking authority.
Bill Text for H.R. 4566:
Background for H.R. 4566:
House Report (HTML Version)
House Report (PDF Version)
Postponed Suspensions (4 bills)
The GOP Leadership has announced the following schedule for Wednesday, March 21: The House will meet at 11:00 a.m. for legislative business. The House is expected to complete consideration of H.R. 5247 – Trickett Wendler, Frank Mongiello, Jordan McLinn, and Matthew Bellina Right to Try Act of 2018 (Rep. Fitzpatrick – Energy and Commerce). The House is also expected to complete consideration of H.R. 4061 – Financial Stability Oversight Council Improvement Act of 2017 (Rep. Ross – Financial Services).
THE DAILY QUOTE
|“Lawmakers blew past their Monday target for producing a catchall spending package that would fund the government through September. Disputes… prevented appropriators from filing a final bill Monday night and increased the risk that another stopgap measure could be needed before all current funding runs out at midnight Friday…‘When they said they'd like to file tonight, I started to laugh,’ said Rep. Mike Simpson, R-Idaho, a senior appropriator, after attending a closed-door GOP conference on the omnibus spending package Monday evening.”
- CQ, 3/20/2018