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Jul 18, 2019
07/19
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mr. scott: mr. speaker, pursuant to house resolution 493, i ask unanimous couldn't sent to bring up h.r. 582 and ask for its immediate consideration. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar 512. h.r. 582. a bill to provide for increases in the federal minimum wage and for other purposes. the speaker pro tempore: pursuant to house resolution 492, the amendment in the nature of a substitute recommended by the committee on education and labor printed in the bill, modified by the amendment printed in part a of house report 116-155, is adopted and the bill as amended is considered read. the bill shall be debatable for one hour, equally divided and controlled by the chair and ranking minority member of the committee of -- on education and labor. after one hour of debate, it shall be in order to consider the further amendment printed in part b of house report 116- 155, if offered by the member designated in the report, which shall be considered read,
mr. scott: mr. speaker, pursuant to house resolution 493, i ask unanimous couldn't sent to bring up h.r. 582 and ask for its immediate consideration. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar 512. h.r. 582. a bill to provide for increases in the federal minimum wage and for other purposes. the speaker pro tempore: pursuant to house resolution 492, the amendment in the nature of a substitute recommended by the committee on education and labor...
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Jul 24, 2019
07/19
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mr. scott: thank you. mr. speaker, i yield a minute and a half to the gentlelady from pennsylvania, ms. wild. the speaker pro tempore: the entlelady is recognized. ms. wild: thank you, mr. speaker. the crisis facing multiemployer pensions is not some faraway event and it's not about politics or ideology. it's about people's lives and whether they will be able to retire in dignity after a lifetime of hard work. american people. by 2025, the central state pension fund and pbgc will be insolvent that means over a million american employees earned benefits could disappear if we don't act right now. this crisis doesn't just affect those enrolled in multiemployer pension plans. if we don't act, the consequences will be detrimental for our local businesses, economies, and residents, ultimately affecting everyone, including millions of american families. participants nationwide, including thousands in my district, could lose everything they have earned if we don't act. these folks who came to watch the proceedings tod
mr. scott: thank you. mr. speaker, i yield a minute and a half to the gentlelady from pennsylvania, ms. wild. the speaker pro tempore: the entlelady is recognized. ms. wild: thank you, mr. speaker. the crisis facing multiemployer pensions is not some faraway event and it's not about politics or ideology. it's about people's lives and whether they will be able to retire in dignity after a lifetime of hard work. american people. by 2025, the central state pension fund and pbgc will be insolvent...
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Jul 9, 2019
07/19
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i thank mr. scott and mr. zeldin for introducing this bill and i urge members to vote yes and i reserve. the speaker pro tempore: the gentlewoman from california reserves. the gentleman from kentucky, mr. barr is recognized. mr. barr: i yield myself such time as i may consume. i rise in support of h.r. 1988 the protect affordable mortgages act introduced by mr. scott. this bill is an important continuation of work that lee zeldin from long island who is a lieutenant colonel, started last congress to protect our nation's veterans from financial fraud. this congress, i was pleased to join congressmen zeldin and scott along with my colleague with congressman levin to advance this bill through both this committee, the financial services committee and the veterans affairs committee. last year s. 2155 pro growth banking bill in a generation. section 309 included a provision to impose a new seasonning requirement for the securityization of loans by the v.a. this is the questionable practice of churning, refinancing o
i thank mr. scott and mr. zeldin for introducing this bill and i urge members to vote yes and i reserve. the speaker pro tempore: the gentlewoman from california reserves. the gentleman from kentucky, mr. barr is recognized. mr. barr: i yield myself such time as i may consume. i rise in support of h.r. 1988 the protect affordable mortgages act introduced by mr. scott. this bill is an important continuation of work that lee zeldin from long island who is a lieutenant colonel, started last...
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Jul 24, 2019
07/19
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mr. scott: mr. speaker, i rise in opposition to the amendment and yield myself such time as i may consume. the intent of this bill is to keep loan interest rates as low as possible for two reasons. get financially distressed plans back on their feet, and maximize the chance for full repayment of the loan. c.b.o. estimates that under the provisions of the bill, the cost of the loans after some defaults will cost less than $60 billion over 30 years. much less than the hundreds of billions of dollars if we do nothing. this bill specifies an interest rate to be around the 30-year u.s. treasury securities rates with a 20 basis point increase to cover cost of administration. those plans that elect to repay the loan principle on an accelerated schedule, there is an incentive of 50 basis points reduction in the interest rate. the bottom line here is that the -- this is not a program from which the federal government intends to make a profit. the u.s. chamber of commerce and business round table and many emp
mr. scott: mr. speaker, i rise in opposition to the amendment and yield myself such time as i may consume. the intent of this bill is to keep loan interest rates as low as possible for two reasons. get financially distressed plans back on their feet, and maximize the chance for full repayment of the loan. c.b.o. estimates that under the provisions of the bill, the cost of the loans after some defaults will cost less than $60 billion over 30 years. much less than the hundreds of billions of...
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Jul 3, 2019
07/19
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>> yes, mr. scott. not only has it been a bad year and losing part of your crop, but when you go to borrow money to make a operating loan every year, the cheaper the price is the harder it is to show payback to pay back the money. i mean, you've got to do -- >> and why is that -- why is that? >> because a bank which to start off with, to borrow money to farm, you got to have an ag bank or ag lending institution. they do not -- a lot of banks don't understand farming. they don't -- they'll look at it and say this ain't going to work from the get-go. i mean, they've got to be sort of willing to help you like they have -- a lot of banks and lenders have stuck their neck out to help keep farmers in business now because they know rural economies is important, but they've done it banking on this disaster is coming. if this disaster don't come, we're going to have more problems. but when you do a cash flow every year, you figure your average yields times what's you think you're going to get for that crop opene
>> yes, mr. scott. not only has it been a bad year and losing part of your crop, but when you go to borrow money to make a operating loan every year, the cheaper the price is the harder it is to show payback to pay back the money. i mean, you've got to do -- >> and why is that -- why is that? >> because a bank which to start off with, to borrow money to farm, you got to have an ag bank or ag lending institution. they do not -- a lot of banks don't understand farming. they...
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Jul 10, 2019
07/19
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chair powell: thank you, mr. scott. i think you said it very well, i think there's 300 trillion plus in contracts referencing libor 500 different currencies. the maybe elation -- $300 trillion plus in contracts referencing libor in 500 different currencies. supervisesty which libor banks has said it will not compel the banks to submit libor past the end of 2021, and libor could then and. we spent many years looking at ways that contracts do have fallbacks. we've worked with the retail groups in particular for mortgages and things like that to find a way so that if libor is not published, there will be a rate that is the fallback rate, and that has to be put into contracts in one way or another. it is a vast project, one that many people are working on, and working hard to meet that deadline. rep. scott: and libor will be gone. our makeup elation's right -- are mike will be gone, oculus and right? -- are my calculations right? chair powell: there are estimates of their interbank borrowing rates, so it may go away, and i
chair powell: thank you, mr. scott. i think you said it very well, i think there's 300 trillion plus in contracts referencing libor 500 different currencies. the maybe elation -- $300 trillion plus in contracts referencing libor in 500 different currencies. supervisesty which libor banks has said it will not compel the banks to submit libor past the end of 2021, and libor could then and. we spent many years looking at ways that contracts do have fallbacks. we've worked with the retail groups in...
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Jul 25, 2019
07/19
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mr. scott: if there is no further business to come before the senate, i ask that it stand adjourned under the previous order. the presiding officer: the senate stands adjourned until senate stands adjourned until in the uk today british prime minister boris johnson gave his first speech as prime minister in the house of commons. next is remarks on leaving the european union by the october 31 deadline. >> order. statements from the prime minister. mr. speaker on the mission of this new government but before you begin i'm sure you join me in paying tribute to my right honorable friend for the service of our nation attacking the problems of mental ill health. she has a great legacy for which we shall all be proud. our mission is to deliver brexit on the 31st of october for the purpose of uniting and reenergizing our great united kingdom and making this country the greatest place on earth. and when i say the greatest place on earth some may accuse me of hyperbole. but you imagine the trajectory on
mr. scott: if there is no further business to come before the senate, i ask that it stand adjourned under the previous order. the presiding officer: the senate stands adjourned until senate stands adjourned until in the uk today british prime minister boris johnson gave his first speech as prime minister in the house of commons. next is remarks on leaving the european union by the october 31 deadline. >> order. statements from the prime minister. mr. speaker on the mission of this new...
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Jul 10, 2019
07/19
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>> thank you, mr. scott. you said it very well. this is a -- i think there are 300 trillion-plus in contracts referencing libor in five different currencies the manipulation was revealed really almost a decade ago, and i think the financial conduct authority, which supervisors the libor banks has said -- >> it's an important day as the fed chair testifies in front of the house financial services committee. i'm carl quintanilla with deer ra bow is a here got some record highs here the chair has discussed several things, facebook, libra, the jobs market, the experience of japan, u.s./china trade, but there was an interesting exchange between him and chair waters about what he would do if the president did ask for his resignation. take a listen. >> mr. chairman, if you got a call from the president today or tomorrow, and he said i'm firing you, pack up, it's time to go, what would you do? >> well, of course i would not do that. >> i can't hear you. [ laughter ] >> my answer would be no. >> and you would not pack up and you would not l
>> thank you, mr. scott. you said it very well. this is a -- i think there are 300 trillion-plus in contracts referencing libor in five different currencies the manipulation was revealed really almost a decade ago, and i think the financial conduct authority, which supervisors the libor banks has said -- >> it's an important day as the fed chair testifies in front of the house financial services committee. i'm carl quintanilla with deer ra bow is a here got some record highs here...
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Jul 9, 2019
07/19
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mr. scott. >> thank you, mr. chairman. i won't take the full five minutes. i would point out miss cheney's amendment does not deploy the weapons. i would love nothing other than to pass legislation, taking options away from the russian and iranian and other country military leaders. if there's one thing i figured out in time in washington, i trust our military leaders to make the decisions more than i trust congress to. i point out to colleagues and friends the cheney's amendment does not deploy the weapon. without the cheney's amendment, we're taking options away from the united states military leaders. i don't understand why we want to take options away from military leaders. >> could we get an idea whether the gentleman's interpretation of the amendment is correct? it is not my understanding. >> always awkward here. i don't know if this is a parliamentary thing or matter of debate. what exactly does the amendment do? >> the amendment strikes prohibition on availability of funds for deployment. >> mr. banks. he is not here. mr. walsh. good debate. we're ge
mr. scott. >> thank you, mr. chairman. i won't take the full five minutes. i would point out miss cheney's amendment does not deploy the weapons. i would love nothing other than to pass legislation, taking options away from the russian and iranian and other country military leaders. if there's one thing i figured out in time in washington, i trust our military leaders to make the decisions more than i trust congress to. i point out to colleagues and friends the cheney's amendment does not...
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Jul 16, 2019
07/19
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mr. scott: thank you very much, mr. speaker.are now considering the raise the wage act and that proposal 15 and crease up to $15 adjusts for inflation. i thank the gentleman from nevada for convening this special order to discuss this because this gives us the tuvent to explore the continuing intersection between race and the federal minimum wage. the federal minimum wage was established under the fair labor standards act in 198, it excluded many african-american workers, agriculture and service workers were exempted from labor law protections. in 190 to 1940, the share of blacks holing worked in agriculture was over 40%. at the same time, the practice of tipping which had enabled american employers to avoid paying wages to newly-freed black workers was in effect and t treated disabled workers and permitly cod opioid fide some workers. those exclusions lowered labor standards in the south, excluding a large share of its work force and denied african-american workers to protections. tore 6, congress expanded agriculture, nursing
mr. scott: thank you very much, mr. speaker.are now considering the raise the wage act and that proposal 15 and crease up to $15 adjusts for inflation. i thank the gentleman from nevada for convening this special order to discuss this because this gives us the tuvent to explore the continuing intersection between race and the federal minimum wage. the federal minimum wage was established under the fair labor standards act in 198, it excluded many african-american workers, agriculture and...
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Jul 17, 2019
07/19
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mr. scott: i ask the quorum call be vitiated. the presiding officer: without objection. mr. scott: today is washington waste wednesday. it's a new series i launched last week to highlight all the ways washington wastes taxpayer dollars. unfortunately, there are a lot of ways. my belief is that you, the american taxpayer, can spend your money better than washington can. it's a novel concept up here in d.c. the way washington spends your money is oftentimes an embarrassment. as the governor of florida, my focus on responsible spending meant more money in the pockets of florida families and more funding available to pay down state debt and invest in what mattered most to our families. we paid down $10 billion in state debt over my eight years as governor. nearly one-third of total state debt. we cut taxes 100 times, giving more than $10 billion back to florida families and job creators. and we had record funding for education, for the environment, and for transportation. right now, our national debt is impossible to fathom, much less sustain. $22 trillion. just let that sink in
mr. scott: i ask the quorum call be vitiated. the presiding officer: without objection. mr. scott: today is washington waste wednesday. it's a new series i launched last week to highlight all the ways washington wastes taxpayer dollars. unfortunately, there are a lot of ways. my belief is that you, the american taxpayer, can spend your money better than washington can. it's a novel concept up here in d.c. the way washington spends your money is oftentimes an embarrassment. as the governor of...
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Jul 21, 2019
07/19
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next, we have mr. scott. >> thank you for being here.ast night, i have the opportunity to walk down the mall and see thousands of people from around the globe that are around the mall to watch the incredible projection of the saturn rocket on the washington monument. and it was a time to see families together. some were having picnics or telescopes out on the mall. they had cameras and t-shirts emblazoned with the nasa logo in celebration of a historic accomplishment 50 years ago. it made me incredibly proud of this country and i hope that we can find more moments like that to celebrate. not just in this, but in sony achievements this country has accomplished. in times of great division and political strife, things like this can bring the country together. and he saw it last night on the mall, i think i even taxes do a picture of it. >> thank you for doing that. it was a great picture. >> when you look back to the opportunities we have in space, just around the hearing room, my guess is that a significant majority of people were not here
next, we have mr. scott. >> thank you for being here.ast night, i have the opportunity to walk down the mall and see thousands of people from around the globe that are around the mall to watch the incredible projection of the saturn rocket on the washington monument. and it was a time to see families together. some were having picnics or telescopes out on the mall. they had cameras and t-shirts emblazoned with the nasa logo in celebration of a historic accomplishment 50 years ago. it made...
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Jul 11, 2019
07/19
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the privilege of hosting a white house opportunity and revitalization council executive director, mr. scott turner, in bell dfont, pennsylvania, in the 15th congressional district. he shared his insight, his expertise, and i'll say his passion for serving economically distressed communities during this -- regarding the recently designated opportunity zone in bell font with myself and members of the community. it was a productive and engaging discussion hosted by the american philatelic society at their headquarters. joined by officials from the u.s. small business administration, u.s. department of agriculture, u.s. general services administration, and u.s. department of housing and urban development, mr. turner shared a vision behind the white house opportunity and revitalization council where opportunity zones is more broadly known. the council was established to proactively address 52 million americans that live in economically distressed communities nationwide. in urban areas, suburban areas, and quite frankly rural areas. it was inspiring to hear mr. turner's passion when it comes to s
the privilege of hosting a white house opportunity and revitalization council executive director, mr. scott turner, in bell dfont, pennsylvania, in the 15th congressional district. he shared his insight, his expertise, and i'll say his passion for serving economically distressed communities during this -- regarding the recently designated opportunity zone in bell font with myself and members of the community. it was a productive and engaging discussion hosted by the american philatelic society...
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Jul 11, 2019
07/19
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let me start with questions mr. scott was asking on libra. given the uncertainties and the ability to manage this new currency, if you will, with the federal reserve, would you support some postponement in their implementing the libra or any kind of a moratorium until we have a better understanding of the impact on our economy and our ability to manage money? you know, iell: deep,that there are important, serious questions across a range of issues that will need to be addressed, and the process of doing that is going to have to be patient and thorough, not a sprint. that's what i would say. i do think there is a lot of work going on at the fed and at other agencies. i think it is something that does not fit neatly or easily within our regulatory scheme. it does have a systemic scale. for the reasons we have discussed, it needs a careful look. so i strongly believe we need to all be taking our time here. rep. perlmutter: i'm going to take that as a guess, thank you. i have other questions. i don't know if you have the booklet in front of you,
let me start with questions mr. scott was asking on libra. given the uncertainties and the ability to manage this new currency, if you will, with the federal reserve, would you support some postponement in their implementing the libra or any kind of a moratorium until we have a better understanding of the impact on our economy and our ability to manage money? you know, iell: deep,that there are important, serious questions across a range of issues that will need to be addressed, and the process...
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Jul 20, 2019
07/19
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>> i did have a couple quick questions for mr. scott who submitted the brief.uple quick questions if you don't mind. and the brief that you submitted , you said that there are three private garages on the street and that every property gets two placards. >> that's right. >> are they the properties that also have the offstreet parking and they also get two on street placards? >> they do. as i mentioned, the lenders, for example, they don't use the garage to park their car in because it is just challenging to gain entry into that garage so they park on the street. it is storage for them, essentially. >> it was also described that there is no former homeowner's association here. there is no formal organization running the show here. it has been an informal agreement process. >> that's correct. i wish there was. >> one of the items in the brief was a warning notice for being towed. but there's no identification. if i parked there and got in my car, i would not who -- i would not know who put it there. >> i happen to know that the gentleman sitting right there with
>> i did have a couple quick questions for mr. scott who submitted the brief.uple quick questions if you don't mind. and the brief that you submitted , you said that there are three private garages on the street and that every property gets two placards. >> that's right. >> are they the properties that also have the offstreet parking and they also get two on street placards? >> they do. as i mentioned, the lenders, for example, they don't use the garage to park their car...
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Jul 10, 2019
07/19
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. >> mr. scott, the gentleman from georgia is now recognized for five minutes. >> thank you very much. welcome chairman powell. good to see you again. first thing i want to say to you is i want you to stay strong, be courageous. it is important for this nation and the economy of the world that the fed, federal reserve remains strongly independent. the other thing i want to say to you is have no fear, the president can't fire you. and we in congress both democrats and republicans got your back. now, i want to go to what i think -- and it's been mentioned a couple of times, this libra basis is really disturbing, and it's a serious problem. and let me tell you why. first of all, i think we all know, libra is the london interbank offered rate. very critical. it has and is the standard for the base rate for hundreds of trillions of dollars, both overnight and term loans, debt, derivatives and it is the standard that has been used internationally and extensively in the united states affecting individual,
. >> mr. scott, the gentleman from georgia is now recognized for five minutes. >> thank you very much. welcome chairman powell. good to see you again. first thing i want to say to you is i want you to stay strong, be courageous. it is important for this nation and the economy of the world that the fed, federal reserve remains strongly independent. the other thing i want to say to you is have no fear, the president can't fire you. and we in congress both democrats and republicans got...
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Jul 10, 2019
07/19
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the waters: mr. scott, gentleman from georgia, is recognized for five minutes. rep. scott: welcome, chairman powell. good to see you again. the first thing i want to say to you is i want you to say strong -- to stay strong, be courageous. it is important for this nation and the economy of the world that the fed remain strongly independent. the other thing i want to say to you is, have no fear. the president can't fire you. and we in congress, both democrats and republicans, got your back. now, i want to go to what i it has beenand mentioned a couple of times -- this libra business is really disturbing. it is a serious problem, and let me tell you why. first of all, i think we all know libra is the london interbank offered rate. very critical. standard for the the base rate for hundreds of trillions of dollars, both overnight and term loans, debt derivatives, and it is the standard that has been used internationally and extensively in the united states, affecting individuals, small businesses, large corporations. so we've got a big issue here, but because of pervasive
the waters: mr. scott, gentleman from georgia, is recognized for five minutes. rep. scott: welcome, chairman powell. good to see you again. the first thing i want to say to you is i want you to say strong -- to stay strong, be courageous. it is important for this nation and the economy of the world that the fed remain strongly independent. the other thing i want to say to you is, have no fear. the president can't fire you. and we in congress, both democrats and republicans, got your back. now,...
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Jul 1, 2019
07/19
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mr. scott, your question was not answered. mr. stivers? mr. barr, the gentleman from kentucky, is recognized for five minutes. >> thank you, madam chairwoman. secretary, thanks for being back in front of our committee. i think you're doing a great job. i appreciate the good work that you're doing despite some of the criticism that you're receiving here today. i applaud you and this administration from breaking from the tired old past, the old ways of doing things where you just threw money at welfare programs and expected to cure poverty. well, we know after $20 trillion since the war on poverty was declared in 1964, that didn't work. what is working is the trump economy. what is working is tax cuts and deregulation. we have the lowest unemployment in 50 years. we have the lowest unemployment among african-americans. hispanic-americans in 50 years, of all time. we see wages rising faster today than we did since before the great recession. we're seeing jobs being created, more people getting off of food stamps, more people moving into self-suff
mr. scott, your question was not answered. mr. stivers? mr. barr, the gentleman from kentucky, is recognized for five minutes. >> thank you, madam chairwoman. secretary, thanks for being back in front of our committee. i think you're doing a great job. i appreciate the good work that you're doing despite some of the criticism that you're receiving here today. i applaud you and this administration from breaking from the tired old past, the old ways of doing things where you just threw...
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Jul 18, 2019
07/19
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mr. scott: i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and include extraneous material on h.r. 582. the speaker pro tempore: for what purpose does the gentleman from north carolina seek recognition? >> i ask unanimous consent that the committee on the judiciary be discharged from further consideration of h.r. 962, the born alive survivors protection act and ask for its immediate consideration in the house. the speaker pro tempore: under guidelines consistently issued by successive speakers as recorded in section 956 of the house rules and manual, the chair is constrained not to entertain the request unless it has been cleared by the bipartisan floor and committee leaderships. the gentleman is not recognized or debate. the chair lays before the house a communication. the clerk: the honorable, the speaker house of representatives, madam this is to notify you pursuant to rule 8 of the house that jennifer miller have been served for a s
mr. scott: i ask unanimous consent that all members may have five legislative days to revise and extend their remarks and include extraneous material on h.r. 582. the speaker pro tempore: for what purpose does the gentleman from north carolina seek recognition? >> i ask unanimous consent that the committee on the judiciary be discharged from further consideration of h.r. 962, the born alive survivors protection act and ask for its immediate consideration in the house. the speaker pro...
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Jul 5, 2019
07/19
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mr. bobby scott who is the chairman of the overall education and labor committee. mr. scott: thank you madam chair , and ranking member. dr. dubois, it's good to see you, and i want to congratulate you on your success at the virginia community college system, particularly the success you've had in the short-term programs that don't necessarily lead to a degree but lead to a good job. there's a growing consensus that we ought to allow pell grants to help finance these short-term programs, but there's a lot of concern we want to make sure they only go to quality programs. can you see a word about what elements there are in your program that we should look at as we evaluate whether or not a program is of such quality we want to allow pell grants to help fund it? dr. dubois: thank you congressman scott. , i could suggest to you there should be two elements and some kind of an accountability system. one is program completion. two is unemployment in a high-demand, family-sustaining wage job. rep. scott: now, how do you work with local businesses to make sure that there will b
mr. bobby scott who is the chairman of the overall education and labor committee. mr. scott: thank you madam chair , and ranking member. dr. dubois, it's good to see you, and i want to congratulate you on your success at the virginia community college system, particularly the success you've had in the short-term programs that don't necessarily lead to a degree but lead to a good job. there's a growing consensus that we ought to allow pell grants to help finance these short-term programs, but...
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Jul 17, 2019
07/19
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. >> mr. scott is recognized for five mins. >> thank you chair lady. irst let me say what an excellent panel we have very knowledgeable. thank you. mr. gensler it's great to have you here. we did a lot of work with the fcc. it's a good to see you again. let me tell you what i think is the achilles heel for libra. this morning if you remember my testimony. i kept asking mr. marcus about the white paper. i looked at this white paper. and i think we found in achilles' heel. here is one that we may have omitted. it states that globally 1.7 billion adults remain outside of the financial system with no access to traditional banking i question him on that. and he assured me that in order to obtain a libra wallet , there must be strong requirements in place. including a government issued id. particularly when you're dealing with online activity? when you're dealing online one of the big reasons that consumers are not able to access services is due explicitly to a lack of identifiable proof of identification. so how do you see libra expanding access to financial
. >> mr. scott is recognized for five mins. >> thank you chair lady. irst let me say what an excellent panel we have very knowledgeable. thank you. mr. gensler it's great to have you here. we did a lot of work with the fcc. it's a good to see you again. let me tell you what i think is the achilles heel for libra. this morning if you remember my testimony. i kept asking mr. marcus about the white paper. i looked at this white paper. and i think we found in achilles' heel. here is one...
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Jul 25, 2019
07/19
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series and i would like to open at this moment and yield as much time as needed to my good friend, mr. scott perry, from pennsylvania. mr. perry: i thank the gentleman from florida for offering me just a moment to talk about something that's very important to me. i rise today at a time when the united states and the international community must step up efforts to combat money laundering. money laundering is a critical source of funding for terrorist organizations, drug cartels, like the ones that my good friend from florida might be talking about tonight. drug cartels and other organized crime rings. it's used to disguise profits from or financing for ill list activity. money is moved in a variety of ways across borders and through the global financial markets to evade detection by law enforcement. global financial markets just like ours. while exact numbers can't be determined, estimates suggest that annual sums of money laundering is in the trillions of dollars. trillions. money laundering facilitates a broad range of serious underlying crimes including the financing of north korea's iran'
series and i would like to open at this moment and yield as much time as needed to my good friend, mr. scott perry, from pennsylvania. mr. perry: i thank the gentleman from florida for offering me just a moment to talk about something that's very important to me. i rise today at a time when the united states and the international community must step up efforts to combat money laundering. money laundering is a critical source of funding for terrorist organizations, drug cartels, like the ones...
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Jul 8, 2019
07/19
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we're joined this morning by mr. scott cameron who is the principal deputy assistant secretary of policy, management and budget at the department of interior. we welcome you. ms. lenise lago is the associate chief at the forest service. welcome to the committee. liz archuleta is the supervisor for coconino county in arizona on the board of supervisors. we thank you for making the trip back. mr. dan puskar is the president and ceo of the public lands alliance. thank you for what you do. and ms. jessica wahle is the executive director for the outdoor recreation roundtable. we welcome each of you. we'd ask that you try to keep your comments this morning to about five minutes. your full statements will be incorporated as part of the record. once you have each given your statement, we'll have an opportunity to pose our questions and engage in some back and forth. mr. cameron, if you'd like to lead off. >> chairman murkowski, ranking member manchin, members of the committee. thank you for the opportunity to discuss the departmen
we're joined this morning by mr. scott cameron who is the principal deputy assistant secretary of policy, management and budget at the department of interior. we welcome you. ms. lenise lago is the associate chief at the forest service. welcome to the committee. liz archuleta is the supervisor for coconino county in arizona on the board of supervisors. we thank you for making the trip back. mr. dan puskar is the president and ceo of the public lands alliance. thank you for what you do. and ms....
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Jul 1, 2019
07/19
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senator scott: mr. hastings, how does it make you feel when you get asked questions to suggest you don't -- you or your team doesn't care about these children that you're taking care of? how do y'all feel every day when you get up and read the paper or see the news and see someone suggests that you aren't doing your job? mr. hastings: it's hurtful because daily, i see our agents doing just the opposite. yesterday, i saw our agents jump out of the water, save a 13-year-old child who was unconscious, give him c.p.r., give him mouth to and essentially, bring him back to life. that happened yesterday on our border. and that happens quite often, time and time again. our men and women are out there risking their lives every day to save those migrants that are put into a bad position by smugglers , or put themselves into a bad position. so, above and beyond that, our agents go to the maximum to care for these children. you've seen pictures as well of our agents holding these children, trying to comfort them. s
senator scott: mr. hastings, how does it make you feel when you get asked questions to suggest you don't -- you or your team doesn't care about these children that you're taking care of? how do y'all feel every day when you get up and read the paper or see the news and see someone suggests that you aren't doing your job? mr. hastings: it's hurtful because daily, i see our agents doing just the opposite. yesterday, i saw our agents jump out of the water, save a 13-year-old child who was...
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Jul 22, 2019
07/19
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. >> the gentleman from georgia, mr. scott, is recognized for five minutes. >> yes, mr.arcus, over here in this direction. this way. [laughter] all right. now, i've listened very intently to your testimony and to the response of several of my colleagues' questions here, ms. waters, mr. mchenry, and you keep mentioning your white paper as a defense to answer to their questions. but i want to call your attention to fact that neither your white paper nor your subsequent facebook posts offered any concrete details as to how you plan to implement or enforce strong anti-money laundering, how you plan to enforce know your customer protections, and most importantly to insure. that's what all of us are concerned about, the safety of our financial system. so right now tell us what specifically -- don't say the white paper -- what are you going to do? what do you see as the responsibilities of libra to combat anti-money laundering, to protect our financial system? could you tell us right now? >> yes, congressman. two parts to that answer. first, at the libra association itself, lib
. >> the gentleman from georgia, mr. scott, is recognized for five minutes. >> yes, mr.arcus, over here in this direction. this way. [laughter] all right. now, i've listened very intently to your testimony and to the response of several of my colleagues' questions here, ms. waters, mr. mchenry, and you keep mentioning your white paper as a defense to answer to their questions. but i want to call your attention to fact that neither your white paper nor your subsequent facebook posts...
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Jul 31, 2019
07/19
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scott. >> thank you, mr. chairman. scott from npr. you talked a number of times about the people who feel like they are just recently getting to the punchbowl 10 years into this expansion. can you elaborate a little bit how this rate cut is expected to help them? >> i think the best thing for people who are, who are feeling that, and we are getting lots of feedback from people who work and live in low to moderate income communities to the effect that they're feeling the recovery and haven't felt a labor market like this and that is good. the best thing we can do is keep the expansion going. that is one of the overarching goals of this move and our policy moves. there is no reason why the expansion can't keep going. inflation is not troubling high. if you look at the u.s. economy right now, there is no sector that is booming, therefore might bust. you have a fairly well-balanced, in a sense, economy. now the engine though is really consumer economy, which is 70% of the economy. the manufacturing economy, the investment and manufacturin
scott. >> thank you, mr. chairman. scott from npr. you talked a number of times about the people who feel like they are just recently getting to the punchbowl 10 years into this expansion. can you elaborate a little bit how this rate cut is expected to help them? >> i think the best thing for people who are, who are feeling that, and we are getting lots of feedback from people who work and live in low to moderate income communities to the effect that they're feeling the recovery and...
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Jul 22, 2019
07/19
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. >> the gentleman from georgia mr. scott is recognized for five minutes. >> thank you, chair lady. first let me say what an excellent panel we have. very knowledgeable. thank you. mr. gensler, it's great having you here. my good friend. we did a lot of work, with the cftc, myself as chairman of our committee on derivative, swaps the whole nine yards -- derivative swaps, the whole nine yards. good to see you again. let me tell you what i think is the achilles heel in libra right now. :: >> and the globally one one.7 billion remain outside of the financial system. with no access to traditional banks. and then to assure me that to do what libra wanted then to know your customer who is in place including a government issued identification. and even when you are dealing with online activity. and when you are dealing online one of the big reasons in order to access the financial services with identifiable proof of identification. so how do you see libra expanding access to financial services for the un- banked or under banked, one.7 billion adults across the world is specially on the onli
. >> the gentleman from georgia mr. scott is recognized for five minutes. >> thank you, chair lady. first let me say what an excellent panel we have. very knowledgeable. thank you. mr. gensler, it's great having you here. my good friend. we did a lot of work, with the cftc, myself as chairman of our committee on derivative, swaps the whole nine yards -- derivative swaps, the whole nine yards. good to see you again. let me tell you what i think is the achilles heel in libra right...
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Jul 10, 2019
07/19
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thank you, i yield back the balance of my time >> mr. scotte gentleman from georgia is now recognized for five minutes. >> thank you very much welcome chairman powell. good to see you again. first thing i want to say to you is i want you to stay strong, be courageous it is important for this nation and the economy of the world that the fed, federal reserve remain strongly independent. the other thing i want to say to you is have no fear. the president can't fire you, and we in congress, both democrats and republicans got your back. now, i want to go to what i think is -- and it's been mentioned a couple of times. this libra business is really disturbing, and it's a serious problem, and let me tell you why. first of all, i think we all know libra is the london inter bank offered rate. very critical. it has and is the standard for the base rate for hundreds of trillions of dollars, both overnight and term loans, debt derivatives, and it is the standard that has been used internationally and extensively in the united states affecting individual s
thank you, i yield back the balance of my time >> mr. scotte gentleman from georgia is now recognized for five minutes. >> thank you very much welcome chairman powell. good to see you again. first thing i want to say to you is i want you to stay strong, be courageous it is important for this nation and the economy of the world that the fed, federal reserve remain strongly independent. the other thing i want to say to you is have no fear. the president can't fire you, and we in...
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Jul 17, 2019
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30 million people will benefit from this. 30 million americans benefit from the legislation that mr. scott has advanced. i do note, also, that in an economy -- and this economy has been growing for a decade now. what i call the obama recovery which continues. i have this view that presidents probably get too much blame and certainly take too much credit, perhaps, for economic growth. but this has been a sustained recovery, and during times when there are labor shortages, exactly the time that you would want to raise the minimum wage, to do it during a labor market in which there was an excess labor capacity would be the wrong time, it seems to me, from an economic point of view. but nonetheless, the point here is that the value of this has been agreed to since 1938 when franklin roosevelt first got enacted the minimum wage. i note, too, that in mr. burgess' district alone in texas, 26% of workers would see $3,-- on maverage of average of $3,900. that's in his district. that's a significant change in the economic well-being in his district in texas. i also question, and i certainly don't ev
30 million people will benefit from this. 30 million americans benefit from the legislation that mr. scott has advanced. i do note, also, that in an economy -- and this economy has been growing for a decade now. what i call the obama recovery which continues. i have this view that presidents probably get too much blame and certainly take too much credit, perhaps, for economic growth. but this has been a sustained recovery, and during times when there are labor shortages, exactly the time that...
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Jul 11, 2019
07/19
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i was going to ask mr. scotte thinks financial planning is not taught in public schools the same way we get english and history et cetera. if financial planning was taught, everyone would be a lot more savvy about money. guest: that is a great question. when i look at my daughter's math homework, i wonder why they did not have more financial planning examples, other than the ones they give her. idea toit is a great provide more financial planning education. there is some debate over whether that is more effective later in life. it is something americans to be cognizant of throughout their life. host: just a snapshot of where people are on their savings. anyone present americans in 2018 no retirement savings. thanditional 10% had less $15,000. -- less than $5,000. on the secure act, you are surveying at pew charitable small andst medium-size business owners support ira. nearly 90% of small business owners. what are they seeing that they like the most? guest: this was a survey done from small and midsized business
i was going to ask mr. scotte thinks financial planning is not taught in public schools the same way we get english and history et cetera. if financial planning was taught, everyone would be a lot more savvy about money. guest: that is a great question. when i look at my daughter's math homework, i wonder why they did not have more financial planning examples, other than the ones they give her. idea toit is a great provide more financial planning education. there is some debate over whether...
SFGTV: San Francisco Government Television
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Jul 6, 2019
07/19
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mr. sanchez? >> thank you, scott sanchez, planning department. just on a couple of points, if i could have the overhead forwards. so we had public comment from the building at 1550. there's wheel a whole lot in between the two and that's the lot which is about 100 feet wide, which is wider than bucannon is. it's about the same width as bay street. so i think there is adequate separation between 1550 bay and the proposed building. in terms of the historic aspect, the project did require a certificate of proposeness for the preservation commission and approved on november 7th of 2018. so anyone who bought the unit after that, would have known the historic preservation commission would have approved the project and if van, wen in january wente planning commission. neither the cu or appropriateness were appealed, given there was the cu, that appeal would have gone to the board of sou supervisors. as you know, one of the issues in sequa appeals is historic preservation and the board of supervisors upheld the determination. in terms of the rear yard pe
mr. sanchez? >> thank you, scott sanchez, planning department. just on a couple of points, if i could have the overhead forwards. so we had public comment from the building at 1550. there's wheel a whole lot in between the two and that's the lot which is about 100 feet wide, which is wider than bucannon is. it's about the same width as bay street. so i think there is adequate separation between 1550 bay and the proposed building. in terms of the historic aspect, the project did require a...
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Jul 29, 2019
07/19
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mr. high-flyer scott rothstein didn't use investor money to file lawsuits.tead he used that money to fund his champagne and yachts lifestyle. >> we three kings be stealing the gold. >> reporter: in the end it would be the largest ponzi scheme in florida history. how big did it get? >> ballpark, $1-1.5 billion. >> reporter: and then halloween eve, 2009. more than a year had passed since melissa's murder with tony villegas still sitting in jail awaiting trial, and another twist to the story. >> scott rothstein has disappeared. >> reporter: unlike melissa, scott was not a murder victim. but he was a fugitive, a bernie madoff figure on the run. he had left the country in a private jet for morocco with $16 million in cash and his collections of watches and jewelry, fleeing after learning unhappy investors had gone to the fbi. one month later, he was back in florida, but not under arrest. what no one knew was that scott had cut a deal with the fbi to act as an informant. >> this is scott rothstein, november 16th, monday, 1:43 p.m. >> reporter: he wore a wire and h
mr. high-flyer scott rothstein didn't use investor money to file lawsuits.tead he used that money to fund his champagne and yachts lifestyle. >> we three kings be stealing the gold. >> reporter: in the end it would be the largest ponzi scheme in florida history. how big did it get? >> ballpark, $1-1.5 billion. >> reporter: and then halloween eve, 2009. more than a year had passed since melissa's murder with tony villegas still sitting in jail awaiting trial, and another...
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Jul 20, 2019
07/19
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mr. chairman. >> senator scott. >> thank you for being here. as you know, nasa's efforts are very important to florida and the florida economy. when the obama administration shut down manned flight, we lost about 7000 jobs which impact of the economy but also talent around the space coast. so we were able to come up through the private sector, we spent $230 million and is now hriving again. a lot of it is because of good decisions made as well as these private companies pouring in an unbelievable amount of money. we all know the importance of what you are doing. how difficult is it to come up with the numbers it takes so that you can defend -- have you figure, how do you do it? >> it is exceptionally difficult. and first of all, what kennedy has done is amazing. becoming a multiuser spaceport where you have private sector companies launching rockets side-by-side with nasa and air force and everybody else, commercial, government, and one other thing, the director down there has to amazing work to grow that industry in florida. but i think one of
mr. chairman. >> senator scott. >> thank you for being here. as you know, nasa's efforts are very important to florida and the florida economy. when the obama administration shut down manned flight, we lost about 7000 jobs which impact of the economy but also talent around the space coast. so we were able to come up through the private sector, we spent $230 million and is now hriving again. a lot of it is because of good decisions made as well as these private companies pouring in...
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Jul 18, 2019
07/19
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. >> the next beeper speaker, mr. scott is recognize for five minutes. >> i have been listening very intently to your testimony. there has been a response from several colleague questions here. keep mentioning your white paper. as a defense to the answer to the questions. i don't want to call attention to the fact that neither your white paper or subsequent facebook post offered any concrete details as to how you plan to implement or enforce strong anti- money laundering, and how you how you plan to know your customer protections, most important, to ensure, that is what almost are concerned about, to ensure the safety of the financial systems. so right now, tell us, what specifically, don't say the what, what are you going to as the responsibility of libra to combat anti- money laundering? how will you protect our financial system? could you tell us right now there are guidelines for all members to enforce standards and programs. for every account open, we will make sure there will be very strong programs. >> currently, the
. >> the next beeper speaker, mr. scott is recognize for five minutes. >> i have been listening very intently to your testimony. there has been a response from several colleague questions here. keep mentioning your white paper. as a defense to the answer to the questions. i don't want to call attention to the fact that neither your white paper or subsequent facebook post offered any concrete details as to how you plan to implement or enforce strong anti- money laundering, and how...
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Jul 25, 2019
07/19
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larry scott announced today the game mr. bush played in vegas the next two years. the league title game has been held at levi's stadium but struggled for attendance. the men's basketball moved to las vegas in 2014. >> doordash is changing their driver tipping policy after public criticism. >> 7 at your side's michael fin rau has that and other consumer news. what do you have? >> in case you don't know, doordash is the food delivery app that connectses drivers to customers. customers tips towards their drivers guaranteed minimum leading to accusations of tip stealing after phasing a backlash over the policy, the ceo announced on twitter it's clear from feedback we didn't strike the right balance. the new policy will insure that dashers earnings will increase by the exact amount a customer tips on every order. nintendo is offering free repairs to switch owners who experiencing so-called joy con drift. some report in game controls can start drifting off even when the thumb sticks aren't touched. customers can get free repairs by calling their hardware support line. th
larry scott announced today the game mr. bush played in vegas the next two years. the league title game has been held at levi's stadium but struggled for attendance. the men's basketball moved to las vegas in 2014. >> doordash is changing their driver tipping policy after public criticism. >> 7 at your side's michael fin rau has that and other consumer news. what do you have? >> in case you don't know, doordash is the food delivery app that connectses drivers to customers....
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Jul 18, 2019
07/19
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like to yield 10 minutes to my good friend and colleague from pennsylvania, brigadier general, scott perry. mr. perriello: thank you to the gentleman from florida for -- mr. perry: thank you to the gentleman from florida for hosting this special order and continuing to elevate this issue. and keep talking about it. because, well, the last time that i was -- and we were speaking on this floor about the crisis on our southern border with mexico, our colleagues on the other side of the aisle were still denying there was a crisis. you remember, report after report, if you watch cnn, msnbc, etc., they said, it was a manufactured crisis, manufactured by donald trump. now, i mean, to their credit, they finally agreed that there is a crisis. i just thought, such is the state of the new -- the democrats on the other side of the aisle, that mere acceptance of reality counts for progress around here. but i mean, we have to be thankful that we're at least having a conversation sometime. but you would think with this crisis on our border, 5,000 people a day coming illegally, that doesn't count the ones com
like to yield 10 minutes to my good friend and colleague from pennsylvania, brigadier general, scott perry. mr. perriello: thank you to the gentleman from florida for -- mr. perry: thank you to the gentleman from florida for hosting this special order and continuing to elevate this issue. and keep talking about it. because, well, the last time that i was -- and we were speaking on this floor about the crisis on our southern border with mexico, our colleagues on the other side of the aisle were...
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Jul 11, 2019
07/19
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mr. chairman, we have scott white here, commander white here who testified to that with scott lloyd sitting right here next to him that he had told scott lloyd that this would cause irreparable long-term damage to these children to be separated. in some cases for seven and eight months now. you know what scott lloyd did? nothing. nothing. on june 13, 2018, two days later, i was in this committee, this committee, sitting right there, controlled by republicans, when this republican majority refused to do a darn thing about these family separations. not a single hearing, not a single hearing. and you know what? the country was outraged. it wasn't just democrats. two weeks after i went to see those children, working with organizations on the outside, working with people who were outraged by what was happening because this is not any kind of america, not a republican america, not a democratic america. half a million people turned out into the streets to protest the family separation policy, the zero humanitypolicy. laura bush wrote a compelling op-ed. franklin graham, the evangelical spoke out,
mr. chairman, we have scott white here, commander white here who testified to that with scott lloyd sitting right here next to him that he had told scott lloyd that this would cause irreparable long-term damage to these children to be separated. in some cases for seven and eight months now. you know what scott lloyd did? nothing. nothing. on june 13, 2018, two days later, i was in this committee, this committee, sitting right there, controlled by republicans, when this republican majority...
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Jul 16, 2019
07/19
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scott joined the committee in 2016 and in a few weeks will be finishing up his midcareer educational program with the house and will be returning to new mexico. mr. chairman, i wish scott all the best as he, his wife, rebecca, and daughter, sara, return home. all the staff members spent long hours working on the legislative text and its classified annex and the bill is stronger for it. with that, mr. chairman, i want to thank chairman schiff and all of his staff for the bipartisan work product and i yield back the balance of my time. i urge passage of h.r. 3494 as amended and i yield back the balance of my time. the chair: the gentleman yields back the balance of his time. the gentleman from california is recognized to close. mr. schiff: i thank you, mr. chairman. i yield myself as much time as i may consume. i wish to say only a few words of recognition before concluding my remarks on the intelligence authorization act. first, my colleagues, and i remember damon nelson and matthew pollard, two dedicated staffers and public servants who passed away last year. the legislation is named in their honor. i also want to express my tremendous thanks an
scott joined the committee in 2016 and in a few weeks will be finishing up his midcareer educational program with the house and will be returning to new mexico. mr. chairman, i wish scott all the best as he, his wife, rebecca, and daughter, sara, return home. all the staff members spent long hours working on the legislative text and its classified annex and the bill is stronger for it. with that, mr. chairman, i want to thank chairman schiff and all of his staff for the bipartisan work product...
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Jul 3, 2019
07/19
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mr. chairman. >> senator scott. >> thanks for what you do. i was just down in panama and met with some dhs representatives to talk about narco trafficking and the violence, you know, that's part of it and i met with ot -- i met with dea, dod, and talking about they had some additional resources to countries just north of there where a lot of the narco trafficking is coming out of. they could do a lot and they thought it would have a positive impact on dealing with what's happening on our border. what do you need and what can we do? what can congress do to be more helpful, you know, in that arena? >> thank you, senator. thanks for visiting with our people. i think one of dhs's strengths is our ability to support and work with foreign partners to make an impact on our security as far away from our border as possible and really building their capacity, sharing information and trying to make an impact together. i think panama is one of our best examples of that. both both the i.c.e. and homeland security investigation presence, u.s. coast guard p
mr. chairman. >> senator scott. >> thanks for what you do. i was just down in panama and met with some dhs representatives to talk about narco trafficking and the violence, you know, that's part of it and i met with ot -- i met with dea, dod, and talking about they had some additional resources to countries just north of there where a lot of the narco trafficking is coming out of. they could do a lot and they thought it would have a positive impact on dealing with what's happening...
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Jul 10, 2019
07/19
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mr. steepstein, and eue scott, a lot of questions people have had about this is how many more young womene raped, how many young women and girls suffered or were assaulted by mr. epstein in the time since he received that sweetheart deal where he spent 13 months in a kr county jail where he was picked up in a limo to go to woork. he had palm beach security officers with him, paid for by palm beach county. we had an interview with savannah guthrie, she talked to a new accuser, a young woman who says she was raped by jeffrey epstein inside his new york city townhouse, that's a new interview on the "today" show a couple of minutes ago. when mr. acosta says this new information came to light, and i'm glad that the southern district of new york is looking at it, he had eleven years ago a 53-page indictment that laid out chapter and verse what jeffrey epstein was doing, and he didn't do anything about it. >> and that's part of why democratic senator chuck schumer had said that he would like to see acosta come before lawmakers in a hearing to answer these questions. he also would like a report f
mr. steepstein, and eue scott, a lot of questions people have had about this is how many more young womene raped, how many young women and girls suffered or were assaulted by mr. epstein in the time since he received that sweetheart deal where he spent 13 months in a kr county jail where he was picked up in a limo to go to woork. he had palm beach security officers with him, paid for by palm beach county. we had an interview with savannah guthrie, she talked to a new accuser, a young woman who...
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Jul 25, 2019
07/19
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scott. >> caller: hey, good evening, mr. cramer >> how are you >> caller: i'm well, i'm well. hey, love your enthusiasm and your dedication, man got one question for you, though what's going on with crystal biotech? my position -- >> honestly, i have to admit i don't know krystal biotech i can opine on crystal burger. hate to end on that negative i have to do some work and that concludes the lightning round. >> the lightning round is sponsored by t.d. ameritrade at. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> in a wildly inconsistent earnings season, there's one big bright spot. giving you the name right now. i'm calling it btf, better than feared when companies report numbers that are even slightly better than
scott. >> caller: hey, good evening, mr. cramer >> how are you >> caller: i'm well, i'm well. hey, love your enthusiasm and your dedication, man got one question for you, though what's going on with crystal biotech? my position -- >> honestly, i have to admit i don't know krystal biotech i can opine on crystal burger. hate to end on that negative i have to do some work and that concludes the lightning round. >> the lightning round is sponsored by t.d. ameritrade...
SFGTV: San Francisco Government Television
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Jul 23, 2019
07/19
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the city attorney's office in scott rieber and our controller, mr. rosenfield and ted eagan. amanda faried. assembly member tinge. and our association in sacramento getting the bill passed to all the folks from the transportation task force 2045, who came up with this recommendation a few years ago, back when ed lee was still amongst us. and most particularly, i would like to thank my long suffering chief of staff, sunny, for her incredible work on this and now is time to turn it over to the voters and hopefully two-thirds of the electorate will see fit to do what portland, massachusetts, new york, and others are doing that can go into pedestrian safety improvements, the likes of which many of us attended a gathering this morning that supervisor haney held with regard to the pedestrian fatality yesterday. the second one in the tenderloin in a week. and money can also be used for muni operations and capital. so i commend it to you and thank you all once again. >> president yee: okay. i believe -- same house, same call? without objection, this motion is approved unanimously. it
the city attorney's office in scott rieber and our controller, mr. rosenfield and ted eagan. amanda faried. assembly member tinge. and our association in sacramento getting the bill passed to all the folks from the transportation task force 2045, who came up with this recommendation a few years ago, back when ed lee was still amongst us. and most particularly, i would like to thank my long suffering chief of staff, sunny, for her incredible work on this and now is time to turn it over to the...