Today’s Daily Update

The House will consider H.R. 2396 – Privacy Notification Technical Clarification Act and complete consideration of H.R. 4324 – Strengthening Oversight of Iran’s Access to Finance Act. The Senate will resume consideration of James C. Ho, to be US Circuit Judge for the Fifth Circuit.

THE HOUSE

 

Yesterday

  • Committee on Ethics Investigative Subcommittees:
    • The Chair announced that the Speaker or a designee and the Minority Leader or a designee shall each name a total of fifteen Members, Delegates, or the Resident Commissioner from the respective party of such individual who are not members of the Committee on Ethics to be available to serve on investigative subcommittees of that committee during the 115th Congress pursuant to clause 5(a)(4) of rule 10.
  • Investigative Subcommittees of the Committee on Ethics–Appointment:
    • The Chair announced the Speaker’s appointment of the following Members of the House to be available to serve on investigative subcommittees of the Committee on Ethics for the 115th Congress: Representatives Wagner, Walorski, Handel, Mimi Walters (CA) and Paulsen.
  • Investigative Subcommittees of the Committee on Ethics–Appointment:
    • Read a letter from Representative Pelosi, Minority Leader, in which she appointed the following Members to be available to serve on an Investigative Subcommittee established by the Committee on Ethics during the 115th Congress: Representatives Castro (TX), Jayapal, McEachin, Torres, and Tsongas.
  • Privacy Notification Technical Clarification Act and Corporate Governance Reform and Transparency Act of 2017–Rule for Consideration:
    • The House agreed to H. Res. 657, providing for consideration of the bill (H.R. 2396) to amend the Gramm-Leach-Bliley Act to update the exception for certain annual notices provided by financial institutions, and providing for consideration of the bill (H.R. 4015) to improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry, by a recorded vote of 240 ayes to 184 noes, Roll No. 679, after the previous question was ordered by a yea-and-nay vote of 236 yeas to 187 nays, Roll No. 678.
  • Iranian Leadership Asset Transparency Act:
    • The House passed H.R. 1638, to require the Secretary of the Treasury to submit a report to the appropriate congressional committees on the estimated total assets under direct or indirect control by certain senior Iranian leaders and other figures, by a yea-and-nay vote of 289 yeas to 135 nays, Roll No. 680.
  • Pursuant to the Rule, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of Rules Committee Print 115–47, in lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill.
  • Agreed to:
    • Schneider amendment (No. 1 printed in part A of H. Rept. 115–463) that amends the reporting requirement on recommendations for how U.S. economic sanctions against Iran may be revised to prevent funds or assets from being used to contribute to the continued development of Iran’s ballistic missile program to also include human rights abuses; and
    • Meng amendment (No. 2 printed in part A of H. Rept. 115–463) that requires the report created by this bill to include “an assessment of the impact and effectiveness of U.S. economic sanctions programs against Iran”.
    • H. Res. 658, the rule providing for consideration of the bills (H.R. 1638) and (H.R. 4324) was agreed to by a recorded vote of 238 ayes to 182 noes, Roll No. 677, after the previous question was ordered by a yea-and-nay vote of 229 yeas to 189 nays, Roll No. 676.
  • Strengthening Oversight of Iran’s Access to Finance Act:
    • The House considered H.R. 4324, to require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions’ aircraft-related transactions involving Iran. Consideration is expected to resume tomorrow, December 14th.
  • Considered the Swallwell (CA) motion to recommit the bill to the Committee on Financial Services with instructions to report the same back to the House forthwith with an amendment.
  • Pursuant to the Rule, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 115–48 shall be considered as adopted, in lieu of the amendment recommended by the Committee on Financial Services now printed in the bill.
  • Agreed to:
    • Gaetz amendment (No. 1 printed in part B of H. Rept. 115–463) that includes, in the report already required in the underlying text, certification that the transaction will not benefit an Iranian person that has knowingly transported items used to establish in Syria a permanent military presence of either Iranian military forces or Iranian backed militia.
    • Res. 658, the rule providing for consideration of the bills (H.R. 1638) and (H.R. 4324) was agreed to by a recorded vote of 238 ayes to 182 noes, Roll No. 677, after the previous question was ordered by a yea-and-nay vote of 229 yeas to 189 nays, Roll No. 676.

 

Today

  • On Thursday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:30 a.m. – 11:30 a.m.
  • H.R. 2396 – Privacy Notification Technical Clarification Act (Structured Rule) (Sponsored by Rep. Dave Trott / Financial Services Committee)
  • The Rule provides for one hour of general debate and makes in order the following amendment:
    • Reps. Lacy Clay / Trott Amendment (10 minutes of debate)
    • Complete Consideration of H.R. 4324 – Strengthening Oversight of Iran’s Access to Finance Act, Rules Committee Print (Structured Rule) (Sponsored by Rep. Roger Williams / Financial Services Committee)
  • Postponed Suspension Votes:
    • 1) H.R. 4042 – To designate the facility of the United States Postal Service located at 1415 West Oak Street, in Kissimmee, Florida, as the “Borinqueneers Post Office Building” (Sponsored by Rep. Darren Soto / Oversight and Government Reform Committee)
    • 2) H.R. 2815 – To designate the facility of the United States Postal Service located at 30 East Somerset Street in Raritan, New Jersey, as the “Gunnery Sergeant John Basilone Post Office”, as amended (Sponsored by Rep. Leonard Lance / Oversight and Government Reform Committee)

 

THE SENATE

 

Yesterday

  • West Nomination–Agreement:
    • A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader, in consultation with the Democratic Leader, Senate begin consideration of the nomination of Owen West, of Connecticut, to be an Assistant Secretary of Defense; that there be 30 minutes of debate on the nomination, equally divided in the usual form, and that following the use or yielding back of time, Senate vote on confirmation of the nomination with no intervening action or debate.
  • Compton Nomination–Agreement:
    • A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader, in consultation with the Democratic Leader, Senate begin consideration of the nomination of J. Paul Compton, Jr., of Alabama, to be General Counsel of the Department of Housing and Urban Development; that there be 120 minutes of debate on the nomination, equally divided in the usual form, and that following the use or yielding back of time, Senate vote on confirmation of the nomination with no intervening action or debate.
  • Nomination Confirmed: Senate confirmed the following nomination:
    • By 50 yeas to 47 nays (Vote No. EX. 315), Don R. Willett, of Texas, to be a Circuit Judge, United States Court of Appeals for the Fifth Circuit.

 

Today

  • The Senate stands adjourned until 10:00am on Thursday, December 14, 2017.
  • Following Leader remarks, the Senate will resume consideration of Executive Calendar #535, James C. Ho, of Texas, to be US Circuit Judge for the Fifth Circuit, post-cloture. A vote on confirmation is expected as early as Thursday afternoon.

 

Hearings Covered by W&J Today

 

House Financial Services
Committee on Foreign Investment in the United States (CFIUS)

FSOC
Open Meeting

 

Notable Legislation Introduced

 

Health

H.R.4638 — 115th Congress (2017-2018)
To establish a National Commission on Fibrotic Diseases.
Sponsor: Rep. King, Peter T. [R-NY-2] (Introduced 12/13/2017) Cosponsors: (10)
Committees: House – Energy and Commerce
Latest Action: House – 12/13/2017 Referred to the House Committee on Energy and Commerce.

 

Tax

H.R.4637 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to encourage retirement savings by modifying requirements with respect to employer-established IRAs, and for other purposes.
Sponsor: Rep. Kind, Ron [D-WI-3] (Introduced 12/13/2017) Cosponsors: (1)
Committees: House – Ways and Means, Education and the Workforce
Latest Action: House – 12/13/2017 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the…

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