Financial roadblocks. This is an hour and ten minutes. Mr. Chairman, are you ready to begin . Yes. Please begin your fivesecond countdown. 5, 4, 3, 2, 1. Good afternoon. I call this hearing to order. A quorum is present. Without objection, the chair is authorized to call a recess at anytime. I would like to go over items. If you are experience connectivity issues, please contact your staff. It is committee and Sub Committee, participating members will be muting when not recognized and its out of courtesy so that background noise did not interfere with another member recognized to speak. When you are recognized you need to unmute your microphone and pause before speaking so we can hear everything you say. In order to ensure that everything members say is captured on the live stream of the hearing members are asked to pause for two to three seconds before beginning to speak. If you wish to have a document inserted in the record please ask for unanimous consent and have your staff email t
H. R. 4626 helps develop the nationwide mortgage licensing system, nmls, so that regulators retain the ability to keep track of bad actors and provide responsible mortgage providers with greater efficiency and consistency in the licensing process. H. R. 4626 does not create any additional privilege or confidentiality rights, but the safe fact currently provides that information shared through the nationwide mortgage licensing system among mortgage industry regulators retains existing state and federal privilege and confidentiality protections. The bill makes it so that these privileges and confidentiality protections remain as long as the information is shared with another mortgage regulator. The bill addresses uncertainty of confidentiality by clarifying that confidential or privileged information shared through the nmls would continue to be protected under state and federal law. This bill will increase the cooperation, and i think this is the key piece, this bill will increase the co
Add. The e. P. A. Has also finalized similar regulations for Industrial Boilers and cmac kilns. Together those regulations are having an impact of more than 63 billion on the economy. By the way, no ones refuted these figures. 63 billion on the economy and they have destroyed 800,000 jobs and may result in the shutdown of 18 cement plants around the country. In another section of the law, the e. P. A. Put a rule together knowing it would increase the cost of gasoline. The rule is known as the tier 3 rule. And it regulates the amount of sulfur that can be in gasoline when it leaves the refinery. Tier 2 standards were put into place back in the early 2000s and that resulted in a 90 decline in the sulfur content of gasoline by 2010. Thats already behind us. Thats been done. And it had a measurable impact on the environment. The need for a tier 3 standard is not articulated very well. In fact, e. P. A. Did not have any unique Scientific Data to support the key benefits of this rule and the
Report to Congress on the Defense Production Act usni.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usni.org Daily Mail and Mail on Sunday newspapers.
The Defense Production Act (DPA) of 1950 lies at a unique nexus between private industry and federal investment for the purposes of national security. Despite its demonstrable utility, modifications to the law’s implementation are necessary. The DPA should be more narrowly focused on national defense and avoid intervention in areas that do not fall within a strict concept of national security. Congress must provide sufficient appropriations for the Title III Fund to adequately address vulnerabilities in the industrial base.