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The Leader’s Floor Lookout: Wednesday, July 10, 2024

Washington, July 10, 2024
Here’s what to watch for on the House Floor today:
 
Defending the Integrity of American Elections from Noncitizen Voting

The right to vote is a foundational principle of the United States of America, and it must be protected. 

Currently, federal law states that it is illegal for foreign nationals or noncitizens to vote in U.S. federal elections or donate with regards to federal, state, or local elections in order to protect the integrity of our elections. However, as we’ve seen in states like Texas and Pennsylvania, noncitizens continue to unlawfully register to vote, diluting the votes of American citizens and potentially allowing foreign interference in our elections. 
 

With the over 7.2 million illegal immigrants that have come across our southern border thanks to President Biden’s open border policies, including more than 350 people on the terrorist watchlist, it is vital we shore up our election security and ensure that only American citizens are voting in American elections.

House Republicans are bringing legislation to require proof of citizenship when registering to vote, as well as allow states to remove noncitizens from voter rolls, to keep foreign interference out of our elections, maintain election integrity, and increase American citizens’ trust in our federal elections.

Rep. Chip Roy’s legislation, H.R. 8281, the Safeguard American Voter Eligibility Act, amends the National Voter Registration Act of 1993, requiring individuals to provide proof of United States citizenship in order to register to vote in federal elections.

House Republicans will continue fighting to protect the integrity of one of American citizens’ most fundamental rights: the right to vote.
 

Protecting Women and Girls from Biden’s Dangerous Title IX Overhaul

In April of this year, President Biden’s Department of Education finalized a Title IX rule that threatens to destroy protections for women’s sports and put young women and girls at risk by allowing transgendered athletes on women’s teams and in their locker rooms and bathrooms. 

It’s a scientific fact: Men and women have biological differences that make competing on the same sports team unfair and potentially dangerous. Allowing biological men to compete in women’s sports not only takes opportunities away from hardworking female athletes, but also places them in a position where they could more easily be injured.

Furthermore, by allowing biological men into women’s locker rooms and bathrooms, this rule takes away spaces from women and girls where they have a right to feel safe and puts them at risk. No woman or girl should have to share a bathroom with or change in front of a biological male.

Educational institutions have a duty to protect the safety of the women and girls that attend them, and ensure those women have the same access to athletic and educational opportunities as men – this rule shirks those responsibilities for the sake of appealing to radical woke activists. 

Additionally, President Biden’s Title IX rule allows schools to leave parents out of discussions with their children surrounding sexual orientation and gender identity, taking away parents’ rights when it comes to how they raise their children.


H.J. Res. 165, introduced by Rep. Mary Miller, reverses the Biden Administration’s Title IX rule relating to Nondiscrimination on the Basis of Sex in Education Programs or Activities Receiving Federal Financial Assistance so schools and educational institutions can continue to uphold the safety and educational and athletic opportunities of women and girls. 

House Republicans continue fighting to protect our women and girls in schools and in sports. 


Denouncing Biden’s Veto of Legislation Overturning the SEC’s Block on Banks Holding Crypto Assets  

In March of 2022, Biden’s Securities and Exchange Commission (SEC) published Staff Accounting Bulletin 121 (SAB 121), which requires entities that hold and safeguard cryptocurrency or digital assets to present an associated asset and liability on their balance sheets to indicate that obligation.

By requiring banks to hold these assets on-balance sheet, SAB 121 essentially prevents banks from offering custody services for digital assets because of prudential capital and liquidity requirements for on balance sheet obligations.

This means that currently, very few banks are able to offer custody services for digital assets, reducing customers’ options for well-regulated custodial services and forcing many consumers to turn to non-bank market competitors that may not be subject to the same degree of regulatory oversight. 

By blocking banks from holding crypto-assets for their customers, SAB 121 promotes unregulated activity that can leave consumers vulnerable to significant harm instead of allowing banks subject to prudential regulations to offer safe crypto custody services. Once again, Americans pay the price for the Biden Administration’s executive overreach. 

H.J. Res. 109, introduced by Rep. Mike Flood, overturns the rule submitted by the Securities and Exchange Commission relating to “Staff Accounting Bulletin No. 121,” which essentially prevents banks from offering crypto or digital asset custodial services to consumers, as SAB 121 breaks with the banks’ historical practice of treating all custody assets as off-balance sheet.

Despite both the House and the Senate passing this legislation in a bipartisan manner, President Biden continues to put expanding executive authority over protecting American consumers and vetoed this bill. House Republicans won’t stop fighting to ensure the SEC can’t arbitrarily block the banking industry from taking custody of digital assets, removing safe and regulated custody options from the market for consumers.