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The Leader’s Floor Lookout: Thursday, July 11, 2024

Washington, July 11, 2024
Here’s what to watch for on the House Floor today:
 
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. 


Keeping Congress Working for the American People

The most fundamental duty of the House of Representatives is to serve the people of the United States by faithfully representing our constituents and holding the executive branch in check.

In order to ensure Congress remains open and working for American families, we must responsibly fund the legislative branch. This funding is vital to supporting committees in their vigorous oversight investigations, Member offices and their staff in their work for their districts, and the Capitol Police officers who keep us safe.

Today, House Republicans are bringing legislation that provides necessary resources for Members of Congress to effectively serve their constituents, including funding for staffing; increases funding for recruiting and retaining sworn Capitol Police officers; and funds House committees so they can hold the Biden Administration accountable and keep the executive branch in check.

Additionally, our legislation requires unspent amounts from Members’ Representational Allowances to be used for debt and deficit reduction. It also strengthens our national security by barring the purchase of telecommunications equipment or drones from China or other adversaries. 

H.R. 8772, the Legislative Branch Appropriations Act, 2025, introduced by Rep. David Valadao, provides FY2025 appropriations for the legislative branch, including the House of Representatives, to maintain essential oversight responsibilities, faithfully serve the American people, and protect our national security.

House Republicans are committed to funding our legislative branch responsibly, keeping the people's house accessible and effective for hardworking Americans.
 

Holding AG Garland Accountable for Failure to Comply with Congressional Oversight

On February 5, 2024 Special Counsel Robert Hur released his report on the Biden classified documents probe, revealing that President Biden “willfully retained and disclosed classified materials after his vice presidency when he was a private citizen.” Additionally, Special Counsel Hur observed President Biden experiencing significant memory issues during his interviews, stating that the President’s ‘‘memory was significantly limited,’’ and he ‘‘did not remember when he was vice president.’’ Americans were exposed to this reality firsthand less than two weeks ago during the Presidential debate between President Biden and President Trump.

As part of their impeachment inquiry, the Oversight, Judiciary, and Ways and Means Committees engaged with the Department of Justice to request more information, documents, materials, and records from the Hur Report relevant to their investigations.

After initial refusals from the Department of Justice to provide said information, the Judiciary and Oversight Committees issued subpoenas to the U.S. Attorney General Merrick Garland compelling production of these relevant materials, including the audio and video of President Biden’s interviews with Special Counsel Hur. However, AG Garland has chosen not to turn over the subpoenaed records. 

Last month, the House of Representatives voted to hold AG Garland in contempt for refusing to comply with Congressional subpoenas and denying American citizens the transparency and information they deserve to determine the truth – yet, the Biden Justice Department refuses to prosecute or hold Garland accountable to the American people for ignoring legitimate Congressional oversight.

H.Res.1344, introduced by Rep. Anna Paulina Luna, recommends that the House of Representatives find U.S. Attorney General Merrick Garland in contempt of Congress for refusing to comply with Congressional subpoenas and would fine AG Garland $10,000 each day he fails to produce the subpoenaed materials.

House Republicans will ensure that AG Garland either complies with our subpoenas and fulfills his obligations to the American people, or faces the consequences. 


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.