mr. hensarling: mr. speaker, purr subte to house resolution -- pursuant to house resolution 667, i call up house resolution 3312. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar number 313. h.r. 3312. a bill to amend the dodd-frank wall street reform and consumer protection act, to specify when bank holding companies may be subject to certain enhanced supervision and for other urposes. the speaker pro tempore: in lieu of the amendment recommended by the committee on financial services printed in the bill, an amendment in the nature of a substitute consisting of the text of the rules committee print 115-49, modified by the amendment printed in house report 115-474, is adopted and the bill as amended is considered read. the bill as amended shall be debatable for one hour, equally divided and controlled by the chair and ranking minority member of the committee on financial services. mr. hensarling and mr. green each will control 30 minutes. the chair now recog

mr. hensarling: mr. speaker, pursuant to house resolution 657, i call up h.r. 2396 and ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar bill 321, h.r. 2396, a to amend the gramm-leach-bliley act to update the exception for certain annual notices provided by financial institutions. the speaker pro tempore: pursuant to house resolution 657, the amendment in the nature of a substitute recommended by the committee on financial services printed in the bill is adopted, and the bill, as amended, is considered as read. the bill, as amended, shall be debatable for one hour equally divided and controlled by the chair and ranking minority member of the committee on financial services. after one hour of debate on the bill, as amended, it shall be in order to consider the further amendment printed in house report 115-462 if offered by the member designated in the report which shall be considered as read, shall be separate

mr. hensarling: mr. speaker, pursuant to house resolution 658 and call up h.r. 4324 and ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar number 334, h.r. 4324, a bill to requiring the secretary of the treasury to make certifications with respect to united states and foreign financial institutions' aircraft-related transactions involving iran, and for other urposes. the speaker pro tempore: the house is not in order. please take your conversations ff the floor. the speaker pro tempore: pursuant to house resolution 658 in lieu of the amendment in the nature of the substitute recommended by the committee on financial services, an amendment in the nature of the substitute considering the text of rules committee print 115-48 is adopted and the bill as amended is considered read. the bill as amended shall be debatable for one hour equally ivided and controlled by the members. it shall be in order to consider the fu

mr. hensarling: mr. speaker, pursuant to house resolution 658, i call up h.r. 1638 and ask for its immediate consideration in the house. he speaker pro tempore: does the gentleman have a unanimous consent request for general leave? mr. hensarling: i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and submit extraneous materials on the bill under consideration. the speaker pro tempore: without objection. pursuant to house resolution 658 and rule 18, the chair declares the house in the committee of the whole house on the state of the union for consideration of h.r. 1638. the chair appoints the gentleman from michigan, mr. mitchell, to preside over the ommittee of the whole. the speaker pro tempore: the is in the -- the chair: the house is in the committee of the whole house on the state of the union for consideration of h.r. 1638 which the clerk will report the title. the clerk: a bill to require the secretary of the treasury to submit a report to th

mr. hensarling: mr. speaker, pursuant to house resolution 635, i call up h.r. 1699, the preserving access to manufactured housing act of 2017, and i ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar number 308, h.r. 1699, a bill to amend the truth in lending act to modify the definitions of a mortgage originator and a high-cost mortgage, to amend the secure and fair enforcement for mortgage licensing act of 2008 to modify the definition , and for originator other purposes. the speaker pro tempore: pursuant to house resolution 635, an amendment in the nature of a substitute consisting of the text of rules committee print 115-42 is adopted and the bill, as amended, is considered as read. the bill shall be debatable for one hour equally divide and controlled by the chair and ranking minority member of the committee on financial services. the gentleman from texas, mr. hensarling, and the gentlewoman from californi

mr. hensarling: time, mr. speaker? the speaker pro tempore: 25 minutes. mr. hensarling: i will conclude by saying that again this is a commonsense reform, it is a balanced reform, it's good for small business, it is bipartisan, i urge all of my colleagues to adopt h.r. 477 and again, thank you ranking member and the gentleman from california for their leadership to work on a bipartisan basis. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. all time for debate on the bill has expired. for what purpose does the gentleman from california seek recognition? >> i have an amendment at the desk. the speaker pro tempore: the clerk will designate the amendment. the clerk: amendment number one printed in part a of house report 115-444, offered by mr. sherman of california. the speaker pro tempore: pursuant to house resolution 647, the gentleman from california, mr. sherman, and the member opposed each will control five minutes. the chair recognizes the gentleman from california. mr. sherman: thank you. i yield myself such time as

mr. hensarling. hens -- mr. hensarling: mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and submit extraneous materials on the bill under consideration. the speaker pro tempore: without objection. mr. hensarling: mr. speaker, the house is not in order. the speaker pro tempore: the gentleman is correct. the house is not in order. the house will be in order. take your conversations off the floor. the gentleman is recognized. mr. hensarling: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. hens mr. speaker -- hens mr. speaker, i rise in -- mr. hensarling: mr. speaker, i rise in support of corporate governance reform and transparency act, and i thank my good friend from wisconsin, mr. duffy, the chairman of the housing insurance subcommittee of our committee for offering this bill. each year, mr. speaker, public companies hold shareholder meetings where shareholders vote for the company's directors an

mr. hensarling: time, mr. speaker? the speaker pro tempore: 25 minutes. mr. hensarling: i will conclude by saying that again this is a commonsense reform, it is a balanced reform, it's good for small business, it is bipartisan, i urge all of my colleagues to adopt h.r. 477 and again, thank you ranking member and the gentleman from california for their leadership to work on a bipartisan basis. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. all time for debate on the bill has expired. for what purpose does the gentleman from california seek recognition? >> i have an amendment at the desk. the speaker pro tempore: the clerk will designate the amendment. the clerk: amendment number one printed in part a of house report 115-444, offered by mr. sherman of california. the speaker pro tempore: pursuant to house resolution 647, the gentleman from california, mr. sherman, and the member opposed each will control five minutes. the chair recognizes the gentleman from california. mr. sherman: thank you. i yield myself such time as

mr. hensarling. mr. hensarling: i yield 2 1/2 minutes to a very hard-working member of our committee from maine, mr. poliquin. the speaker pro tempore: the gentleman from maine is recognized. mr. poliquin: thank you, mr. speaker. all businesses in america, large and small should be fairly and predictably regulated, including those companies in the financial services industry. when the real estate market collapsed in 2008, washington does what it does often, it overreacted by imposing a smothering layer of new regulations on small community banks, credit unions and retirement advisers where it should have focused its attention on eight or nine large money banks. mr. speaker, the goal of dodd-frank was to increase regulations on financial institutions, which could bring down the economy if they got in trouble. now, the problem, mr. speaker, is that this net is -- this regulatory net was cast so wide that it caught our community banks and credit unions in having to deal with costly, unnecessary and redundant

mr. hensarling: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized for such time. mr. hensarling: mr. speaker, i rise in strong support of h.r. 3971, the community institution mortgage relief act. it's an important bill that is co-sponsored by a bipartisan group of members, again, bipartisan. it was approved in the financial services committee with a strong bipartisan vote of 41-19, and it has a long track record of bipartisan support, and all members should take note of this. i want to thank the gentlelady from new york, representative tenney, who is a fine member of the financial services committee. i want to thank her for introducing the legislation and really helping lead our congressional effort. to provide needed regulatory relief for our small community banks and credit unions, to give them relief from rules that are unfairly restricting our constituents' access to mortgage credit. and this is mortgage credit that will help americans achiev

mr. hensarling, thank you very much. we appreciate not only your testimony, but bringing these bills forward that would allow listening to these community banks, bankers, credit unions, the needs that they needed to fulfill customer demands in the marketplace. we're delighted, maxine, that you're here and the gentle woman is recognized. >> thank you very much, mr. chairman, and members. on hr-39721, this bill would allow a large number of mortgage servicers to drop important consumer protections and set the stage for a return of the harmful practices of the subprime meltdown and the worst financial crisis since the great depression. specifically, the bill would harm consumers by raising the consumer bureau's exemption threshold on escrow account requirements by higher price mortgage loans. mortgages are classified as higher price if the annual percentage rate or apr exceeds the average prime offer rate by 1.5%. higher-price mortgage loans often reflect riskier or subprime borrowers. current consumer bureau rules require

mr. hensarling: i request the yeas and nays. the speaker pro tempore: the yeas and nays are requested. those favoring a vote by the yeas and nays will rise. yeas and nays are ordered. members will record their votes by electronic device. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in cooperation with the united states house of representatives. any use of the closed-captioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u.s. house of representatives.] the speaker pro tempore: the yeas are 252 and the nays are 167. the bill is passed and without on the table. id >> i ask unanimous consent that i may be considered as a primary sponsor of h.r. 3771, a bill sponsored by representative conyers and requesting reprintings and whatever other purposes are appropriate. the speaker pro tempore: without objection. for what purpose does the gentleman from texas rise? >> i ask unanimous consent that in the engrossment of h.r. 4324 the clerk insert the word and of the semi-colon in section 2-

mr. buck. and i want to thank chairman hensarling, because these bills that we are combining today came out of his committee. i want to thank him for his leadership in bringing these important bills before us today. and i rise in support of h.r. 1638, the iranian leadership asset transparency act. i want to thank good friend from maine, bruce poliquin for offering this bill and it's a critical and necessary step in holding the iranian regime accountable for its money laundering and terror financing and other wide-arranging criminal activities. the iranian revolutionary guard corps known by its irgc, has long been at the heart of the iranian criminal enterprise controlling the better part of iran's economy in key sectors, like oil, like gas, telecommunications and transportation. e irgc's business empire and monopoly of these economic sectors provides the regime with billions of dollars that it uses to do what? to feed the people, to clothe the people, to educate the children? no. to repress the iranian people and export the terror that it has done so much damage in throughout the world and its