mr. mchenry: mr. speaker, pursuant to house res. 83, i call up h.con.res. 9 and ask for its immediate consideration in the house. the speaker pro tempore: the clerk will report the title of the concurrent resolution. the clerk: house concurrent resolution 9, concurrent resolution denouncing the horrors of socialism. the speaker pro tempore: pursuant to house resolution 83, the concurrent resolution is considered as read. the bill shall be deba debate dd for one hour equally divided and controlled by the chair and ranking minority member of the committee on financial services or their respective designees. the gentleman from north carolina, mr. mchenry, and the gentlewoman from california, ms. waters, each will control 30 minutes. . mr. mchenry: i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and to add extraneous material on the legislation. the speaker pro tempore: without objection. mr. mchenry: i yield myself such time as i may consume. the

mr. mchenry: i rise to celebrate james t. broyhill who passed away at the age of 95. jim will be known as one of the political giants in the history of north carolina, especially for those of us from the western part of the state that he so ably with distinction represented for over two decades. a native of lenoir, broyhill served in several executive capacities in his family's industry, broyhill industries, prior to entering public service. he was first elected to the united states house of representatives in 1962 as a long shot candidate. broyhill, a republican, pulled off a narrow one-point victory at a time when north carolina politics was dominated by the democratic party. he quickly won the hearts of his constituents and served the people of western north carolina in this house until 1986. broyhill liked to tell a story from his first election. had an impact on him and taught him an important lesson in dealing with people. table rock is a beautiful and distinct mountain in burke county, north carolina. one that i am proud to represent. and one that broyhill coul

mr. mchenry, for four minutes. >> thank you, madam chair. we will certainly with the incoming republican majority prioritize housing and financial stability next congress. we will put a great emphasis on that. it is my hope that we can actually achieve some bipartisan results in the role of housing in a way that this committee has not done over -- actually, probably as long as we have both served on this committee, unfortunately, but not for a lack of trying. our hope is we can work together and get something done. for this hearing, i am grateful that my colleagues across the aisle are finally ready to talk about inflation and how to combat inflation. committee republicans have consistently taken every opportunity to discuss the skyrocketing crisis impacting american families. for more than a year the republicans of sounding the alarm on the democratic reckless spending its impact on households and job creators. democrats chose to ignore those warnings. republican said a massive 1. 9 trillion-dollar spending bill would wreak havoc on our eco

the house would be patrick mchenry of house financial services committee, the senate would be tim scott of south carolina and they are basically ramping up, mrell, they're ramping up a investigation best way to put it into gary gensler's, how can we put this, climate discrows -- disclosures. forcing every company in america publicly-traded somehow define their carbon footprint, how it might impact global warming. liz: every publicly traded company? >> think about that. we're talking about science not settled, global warming, i'm not saying global warming doesn't exist, how much is impacted, is unsettled science. they're asking every company to wade into those murky waters. the proposal is on the table to be voted on by the full commission i believe in april. it is likely to pass with gary gensler's vote and two democratic commissioners. then all hell's going to break loose. here is what the republicans are doing, what our sources are telling us, all this kind of information. did you study impact on oil prices? dud you study if this infringes first amendment rights? you're asking companies to go out on a limb to give opinions how their operat