▶ 0:02:22Player. Incident, the. To hope and pray calmness, clearness of the temperature.
▶ 0:02:46Occurs especially as the men are conducting their work in the field. Situation. Io report that I spoke to son yesterday and those she has mucr injury, he or convene.
▶ 0:03:11To separe measures. It's workforce. A. 26. 2312, h.r. 20, and h.r. 43.
▶ 0:03:45These measures allow for more agile and work. Force cross those from the 1930s. 2262 the flexible education assist hard work americans and d other enhancement employees wile
▶ 0:04:18Curriculum of their work for thd eldercare, would encourage employee benefit with the in the base. Term and overtime pay .
▶ 0:04:47Stronger pro across more hourly. Workers of child and dependent care by their bria . Sorry.
▶ 0:05:03For h.r, the act would amend the definition of conditie legislation would serve as a. It's an setting in classifying the.
▶ 0:05:30Hours or due to or e performs its issues that are safe guarding the secure environmentn h.r. 20, retirement.
▶ 0:06:05Sherif's decisions based explicitly surmising financial returns, registration the green light to invest most discretion numbers. Into woke funds that carried high risk and returns. These garbage and haves product.
▶ 0:06:33Retirees want to see the sound fiduciary basis, and. Again, their retirement. Finally. Thist would to provide certainty all is our nan and a convoluted joint employer that undermines american dream death
▶ 0:07:07Mission of to provide certainty and stability. Here's this jose. Yield prosperity. That's strangle opportunity and enougha pieces of us today.
▶ 0:07:34I'm very much have and I, Mr. mcgovern, for any . Um, today we're consider committee, so let's people's way mess with people's, and they hand out more even harder. Now, none of this is nonsense. More.
▶ 0:08:06Giveaways for powerful interests, say the price. These bills weakened the generations of make easier it harder for workeo parts instead of human.
▶ 0:08:22Fund bill lets companies they can pocket the profit while dodging accountable child labor or discrimination one of the jey for their pockets.
▶ 0:08:49Doesn't help workers retirement savings. Make new consider real world republicans consider to be too woke. It's the kind of ideological interference at risk. Another ls employers bill. Uh paid again. That.
▶ 0:09:14It's okay to demand more work. I don't know who comes up with this stuff. Is a corporate wish list.
▶ 0:09:30Wish list written what ita living, and this stuff, as the trump administration has in just the 37 year old mother by ice. And last night we found out that initiated a. Criminal investigation into the.
▶ 0:09:55Motivats well. Instead of standing up republicans in congress enable.e republicans have protecting theg costs. You get billionaires ther way.
▶ 0:10:18Instead of governing so you don't have to do bipartisan solutions. Um, and I got to tell you, completely out of step with americans they want to secure retirement a health care. Very ailing, more innocent basic dignity.
▶ 0:10:45Feeling safe with administration failing on everything that nobody notices. Well working people deserve better..y prepared statement will included in the record.
▶ 0:11:13And now welcome in. Ranking member scott from the full statl be submitted record. You summarize your statement in testimony and the think it's. Good to be some substantial bills of living enhancements, encouragement, and the work. For us for retirees.
▶ 0:11:47>> I'm the education by the rul. 2988, the. Protecting of retirement savings act, introduced to a and so principls retirement law built upon in 1988 ensures that retire retiren
▶ 0:12:22Economic factors. States with se providers. Discriminate based on race. And national origin or sex as its decisions must be based economic interests. The vision de. Requires defined contributions. Plain and brokerage windows.
▶ 0:12:54Next is h.r. Save local businesses I represented g joint impact national relations board of employer. Uncertainty for job. Creators.
▶ 0:13:2066 sets a common sense joint title that businessy before they can blink the save local busines to start and grow businesses with a certainty is d
▶ 0:13:50And elder care solutions. I alog with any other affordable child dependent care is a our. To 70 updates labor, exclude employer or dependent care. Been a longstanding obstacle for employers. Next is.
▶ 0:14:27Education and additionally. Oshm offering hourly workers professional. Development are treated as competent can be. Trigger overtime if the employees weekly hourly in a wex workers take optional hours.
▶ 0:14:58Without it counting as amendment to ensure consequences for relatives in apprenticeship programs. Finally. H.r.
▶ 0:15:112312, the representative womack standing uncertainty worker, the flsa defines kept worker as makes more $30 a month tips starting what's called the 8020 rule,
▶ 0:15:42Which said tip 20% of their stretch, doing checks that don't earn. Tips. This was nearly on restaurants and. Other businesses to implement. To implement h.r. 23.
▶ 0:16:02Tipped emplor employees are those who tips met the minimum much they spend spel restaurants and other businesse. Thank you, and I welcome have. >> now recognize the gentleman from virginia addition. Uh.
▶ 0:16:34Representative scott. Thank you, Mr. chairman. >> and I want to thank you. And member mcgovern thank the situation in minnesota. Encourage her. To make sure the locked out, just like a cover up and one that we all know in that. And that is a county.
▶ 0:17:02Keith some it was an excellent reputation can expect a good investigation from him locking him and stating if it sends the message, I want to thank for, um to go ovee five calls to many americans today such as groceries, rent, utilities, even. More.
▶ 0:17:30They're also struggling to have enough money slice of life, of american dream like yor family under you went to a restaurant recently. Simply put , the simply put not working.
▶ 0:17:46En bring to moody's analytics of nearly 50% of consumer spending in america improvement, but even matters worse labor worst year for drop in this country president first term.
▶ 0:18:15You'd have to 2009 to find a job year 2025 hab loss. President 48 consecutive months with no job loss millions of jobs. Um term. Trump first year, uh, only this now considering have a bill. So we.
▶ 0:18:44Cut workers wages, undermine earnings. And give corporations and bad workers. That on the republicans. They can believe that. So to investing ws retirement president law plan fiduciaries are required to make things in the best interest of the plan participants.
▶ 0:19:14As bill codifies two rules since from tp administration first of their kind restrictions and plan for to consider governance , esg factors when decisions men exercising shareholder, appropriate for action, which id plan for various to consider
▶ 0:19:47Esg as we know such does whether it. Be rising sea levels or ports are performance. Once retirement sas and um for plan fiduciary to be and be able to m . They.
▶ 0:20:15Investment return registration is from those rules. And now that this is continuing to go in the wrong direction, consideration of sea level rise that need development . Underwater in 20 years them ct woke funds do better. If funds are not and certainly much better.
▶ 0:20:42Than a much better investments have recently been approved to only h.r. Worthwhile to increase division among. Asset managers, the gao noted the 72 in dollars in assets under and management for buyout firms owned by women.
▶ 0:21:10The population.e person. There's no research. To support this outperform diverse this would undermine what made. And they rd this question. But what problem? We're trying to solve we're so offended that.
▶ 0:21:37Got make sure that they don't even that. But the goal of this provision for these reasons, I oppose that bill.
▶ 0:21:54And the same employer, child care solutions r wages on the all pay an exempt e time and. A half overtime premium. Three hours a week.
▶ 0:22:14That's just not a half times rer rate pay, which compensation anw include the value of any child or dependent care services. The benefit this bill would change its act to the value of those services from where the guise of something and already sets.
▶ 0:22:39Up modest incentives as the ordinary cost there are e general tax preferences for these kinds of child and benefits, and encouraging bills businesses to help with child have do it in practice. It pressure.
▶ 0:23:09Uh to, uh on the job longer rather than expanding access care and just passing the cost over helping tk increasing time from the ones ty increasing, not decreasing the need for care.
▶ 0:23:34None of to addrem for many, affordability of child and elder time. Simply. >> uh, so the you get people bee reduced from the eliminated from the of their overtime pay. >> so less those who don't.
▶ 0:23:58Have it know get it or so the only pe know be affected by the bill, that those who are time. Next we have the save locus opposite of what it says labor, employment law. The law that.
▶ 0:24:21When a company that signs a worker's paycheck of employmenth other companies, most small businesses may as result be accountable. Oh, that's called joint, however where, um, the national. Uh, aru cutting I'm not to mit. I need you to we're we're way over your five minutes. >> okay.
▶ 0:24:51And who counts as an workers and protection. They rely on aides and usually leave the small business taken by a completely different company of moles. Job. Both companies accountable . Um, I mean, just.
▶ 0:25:14Uh, on the tip, the employer, this, um,, ue who are, uh gives the employer the, uh, uphold by paie tipped wage apply that to work doing that not covered by that when peoples
▶ 0:25:47The restaurant as a cook. And going back and forth right now wage uh, this would sy that and you'd really. Get credit for both. Um, that's not a good idea. Flexibility for workers this just means that, uh, you don't technically require.
▶ 0:26:14I'm only going raise if they take this extra. They don't. They take the course, spend those cooking. Um, you know, um, right now, be paid if you tell them to go to, uh, take this course after hourly rate for that course.
▶ 0:26:35And so for these, uh, were trying to give the workers a leg, cut their wages make life more difficult for them. Bills should be opposed. Breaking as miss fischbach for her time of question. >> thank you very, uh.
▶ 0:26:58You know, I don't have any any want to say thank chair for bringing these forward because that's an economic growth. And so, as in district, rural district, businesses. Are strong and they are able to to keeping, um to keeping.
▶ 0:27:22So I appreciate the bills that have come forth forward for doing that. And, uh, I look in order l businesses have what they need to thrive. >> gentlelady yields back now, recognize the gentleman from chime noticed on h.r. 20, my republican have, uh, updated on the quote, protecting americans investment from.
▶ 0:27:50But as I read it, the content kind of when previously dealt with this was harder for people to invest in a way that reflects their more old, managers to take into account. And governance factors known as esg.
▶ 0:28:09But you know, the generally talked about, you know, opinion, this is about committee considering whether an asset may be underwater due to sea rise. Isn't woke to risk based investment planning.
▶ 0:28:30You know, I just want to just for clarification,, um, if the following and not, um, it's a simply is it is it woke to litigation practices that could put investor returns woke.
▶ 0:28:50I would say that they also would t that's their outcome. >> if that would be something that would it's them from taking that in in 2021, pga filed for michelin, sparked a wildfire, leaving investors.
▶ 0:29:21>> um, yes or no? Is it woke pun investor return at risk? Is if t impact would the investor. In the bottom line, the investment . Manager, the fiduciary? >>. We're not prohibiting that. How the trump administration in the country im I'm at risk is is a is.
▶ 0:29:51Uh, you know, for these investors to woke. To consider corporate governance practice what accounting standards a company uses if they. Um, is that that I would. Hope that common sense would dictate, uh, if there's. A regulations in certain.
▶ 0:30:19States that would reduce the ability for the customer or the investor to, to return that the advisor would say it's not where we're putting money. >>. >> and I say that because if I mean, investors not be able to assess, but just like what happened with enron, I'm thinking of,, yes or no. Is it woke to workers or.
▶ 0:30:47Even whether companies are medicines versus non-citizens? If those factors investor returns, I take that again. >> we investment counselor, advisor, fiduciary would do. What we don't want is a mandate that that's again we're talkingt interest. >> yeah I just want to understand what this does.
▶ 0:31:18>> uh it says those things can well I mean um, the heresy, esg. It's mostly. Intended to advance the through the investment practices, the things I'm theres no, uh, the most esg allows you to take those in as it adversely affect their returns.
▶ 0:31:47>> and when you you look at all there's some ones that look ver, the, uh, social and some say, al as some do better, some do worse . But there's can't consider those because there's factors.
▶ 0:32:17>> and what this bill says, you . Can't consider them. >> okay. And the real estate development is going to be on the you can't consider whether it's going to be underwater. I concern is tha, you know, when it comes to investing, I think call woke ist taking into account bill risks t savings. >> uh, the retirement savings of workers. Across the country.
▶ 0:32:43And it and so. I, I, I'm, I say to go my friend I think is politically contagious talking about common sense here . Um, issues ought to be takingt act.
▶ 0:33:13Um, you know, uh, you know, an investment. Uh, but anyway, uh, I'll yield back yields backw and as the gentleman Mr. of que. Chairman, and, Mr.
▶ 0:33:26Wall, I seem to remember if we to this,d florida and some general filed suit against blackrock position and energy company to, uh.
▶ 0:33:55>> carry forward their esg directives and actually prices and energy prices. I think the purpose of the legislation is to make that doesn't again. Correct. About that. >> that's absolutely correct.
▶ 0:34:14We're saying neutrality when you're thinking this, uh, in fact, plans, um, it's uh reallyd employers like us, but when they in the past have, uh, been cons. Making those investments risk.
▶ 0:34:39And while we're saying is we ans for virtually all of us as americans, we put our investments in by these super sized and then. >> we as the americans, not only then those shares . >> it's these major investing firms that get to vote shares. Is that.
▶ 0:35:09>> and then in their. Activism, put people on a bank board that, because of who don't wanto a local. Gun store?
▶ 0:35:23Uh, they don't want to with the small business owner that may own a gun want to loan somebody in the capturing what that business related related to, um.
▶ 0:35:43The oil and gas efforts activist investors were money is understanding that is our understanding that investors like us it to best way possible.
▶ 0:36:07>> for our best a sudden reporty not be, uh, hear you on be accurate, but I can tell you this these investment firms. And. These major investment firms will have and they're the richest corporations.
▶ 0:36:34Uh, at just corporations controlled with the best attorneys in the world. And there's actually enough evidence here that you're doing this, that you allow the case forward. Judge, a federal judge, did not for, um t correct? That's correct. And ast appears are, there was.
▶ 0:37:03Enough evidence that they were that they were the people who invest with them, that they will , um, and that you bringing it forward. Uh there af other good pieces here, but this , um.
▶ 0:37:23To stop these men and shutting them, um country. And so I bring it forward. Uh, Mr. chair, I yield the remainder of my time. Gentlemen as the gentleman from colorado, Mr. neguse, for Mr. c.
▶ 0:37:50>> uh, thank you, chairman >> and for your testimony on, uh, the bills that we're hearing today. Mr. chairman, with and aa question. Uh about tipped, h.r. 312, I went through the committee report. The report het this bill will helps. Employees bring home. Hi with that sentim.
▶ 0:38:25>> okay. Uh god, I take it. >> I think the more loopholes employers to pay employees I don't I don't see how you can ways you can mae the.
▶ 0:38:47The it goes starting is the more you can get the employee under the minimum >> it's $2 and $32.13 an hour. >> the. More you can get them under that rather than 725. Um the money.
▶ 0:39:11And if you've got it some servers and some back in the office store cooks , the washers, pay them the if . Now, you don't have to, you know, spam them a little tip, minimum wage I is, I have
▶ 0:39:41Chairman, I understand that youe bills. The bill operates along with 90. I'll get to I guess my first question would b. Something that we all accomplis, that's what you believe I assume that that motion is one.
▶ 0:40:12>> well, absolutely. But also have concern also have jobs, employment to take from. And that's why 90% of they like oppt wage approach that we're trying. >> to help pay the minimum wage.
▶ 0:40:41What is the minimum wage today workers, you know, for seven. >> what is it the last time than that's been raised by the? >> 2008, I'm told, effect in 2009.
▶ 0:41:10So across the ct still use the minimum wage flooe without a raise. Would you not agree me that it would be incumbent upon the comment you s and proposals, proposals about different ways to adjust the wage credit and.
▶ 0:41:38Minimum wage ft americans can find a raise that they welle are states that have gone 20 ha. >> yeah. >> her choice. Happy for michigan, colorado two. >> those are can make a one sizs all federal think there should be a federal minimum?
▶ 0:42:05But we have a we have a federal minimum wage 17 years is a time chairman. Well, listen, I can't this way. No way. I don't think that you would contend a. Make, be able to live in $13,920.
▶ 0:42:33Which is how much the minimum ultimately provide of course, they don't have to, because the michigan minimum wage is. I agre that that's just that is you di? >> uh, no. I think that is too low. >> that they don't have an opportunity find that. Okay and with tipped wage workers generally they that.
▶ 0:43:01Well, the only reason I say this , um, but, the member, is a really the minimum wage. >> americans a compensation that I believe they so much deserve your committee k up that bill. And I would think it for this committee as well. Uh, I want to the child care Mr. phonics. Uh, bill.
▶ 0:43:2970, empowering employer, child, and elder care solution. Construct of this bill is it care expenses that are employed to provide to be from the calculation of the regular that employees. Rate of compensation. Okay. And. So that in turn removes it from the rest. >> that's correct. Okay.
▶ 0:43:57And obviously, as you can imagine and I understand you have a different in my view that. The us congress would take to reduce an employee would make pay is deeply problematic. >> I'm not the one who believes that the department of labor has concluded you're aware of that? >> I'm aware of that.
▶ 0:44:26But they've also well, through it. >> the first time the decision . Take your word for that. Yeah. I wasn't born yet, but I can tell you I've I've gone through woull me who the president was in 1980. Remember in 1983 that thee was was, um, ronald reagan, ronald reagan.
▶ 0:44:55>> so department of labor concluded. Provided by the employer to employee ought to fast forward years 2020. The department of labor region and I. Suspect you know who was president. Right. So look at. Administrations have concluded view.
▶ 0:45:22That you're articulating now today in the overtime rate for workers. These child the regular rate is not the fair labor standards act, nor the. Hurting the fair labor standards act.
▶ 0:45:42And problematic all have now decided to change your tune we learn over time some of these well-meaning, uh, uh, provision. >> I, going back to statement, um, I'm talking about the committee and why we're thie find out that as.
▶ 0:46:06Part in consideration of overtime, if you want these type of benefits, which are becoming more with cah eldercare, inflation, if this is a benefit that we want to offer to their employees, we have a bottom line fiscal sense.
▶ 0:46:29If it becomes costly with the expectation of the opportunity that as a benefit to their I see okay >> well, so I guess I requires that an employer, if they're tot that will cost to care that's provided for, um.
▶ 0:46:58Repeat, you made it an argument that this was providing more. Benefir employees, those that amount within the for calculating the regular rate for purposes . I'm simply saying, is there that benefit that's provided by the care.
▶ 0:47:33>> I would assume, chairman, you're assuming wrong because. >> let's go back to that. Question again. >> okay.
▶ 0:47:58So the bill requires child care payments, right? An employee be removed from the regular for purposes of. Calculating over overtime. Correct your argument is that is to provide to scott and I.
▶ 0:48:19And I'm saying my your bill surely if you care that or incentivizing employers I. Assume your bill would have a benefit. >> we requirement for that. >> correct. The requirement is so an employer could a meager amount that doesn't come to paying the. Cost of child care.
▶ 0:48:51I'm sure anything like , in michigan, as it is in colorado. I'm a seven year old you're talking about. Every month an employer could choose to provide. Remove that amount, drop that overtime. Rate of pay so that of the day, the only is.
▶ 0:49:25That's if that's what's done by the employer. >> I appreciate of employment challenge, I hear you and I think you answered that question honestly. Me, I appreciate this. I just want toy out. >> people. >> sure. Of course. That's right. Yeah. Correct. Remember makes it a valid point.
▶ 0:49:53So there benefits from there. But those benefits are also used to calculate their overtime rate of pay.
▶ 0:50:06And under the law they juse talking about their paychecks getting docked the protecting prudent investment of retirement at 2080 or 2888 the h extensively. Uh this bill .
▶ 0:50:30That, uh, investment in diversity as one of the factors behind any kind of management that's. Correct. >> okay. >> there's about $1 billion in financial assets in the united d about right? It's a lot of moneu know what percentage managed by women owned firms, minority owned. Know, 0.4,.
▶ 0:50:59In the united states of america and one point are managed by women or >> I do not. Under problem.
▶ 0:51:26You are attempting to solve with all due respect, Mr., I don't explain to me. >> that we do require this thing that you're spending our time here codifying the federal law, a ban on any consideration with.
▶ 0:51:46To investment management decisions that really tell from the empirical data that's out there . >> this doesn't seem like a particular problem. $82 trillion managed by, 1.4% of them are managed by women ore sure that that one. >> neutrality is wrong.
▶ 0:52:17>> I am, lord, I'm asking you tm you're trying to solve. >> we're trying to solve the problem of requirements. >> and that's because? Because 50% of the. Managed by. >> no, it's not based on that at all. Neutrality and being fair and work apparently, um it's not fair.
▶ 0:52:54Because I don't your notion of well more investment pursuing, including, by the way, how we seen the minimum wage, uh, that this would not be the priority. >> the chairman told me I appreciate the chairman. >> for yielding back. Now, recognize the gentleman, Mr. norman? Thank you. >> uh, I'll. Uh, I run a business.
▶ 0:53:22I hired people , got a law firm. Okay. That's hourly based, isn't it? Billable hours. Isn't the country lawyers don't do much hourly work businn a. Just ask him.
▶ 0:53:49I signed checks for working. As a as the president of the business. >> okay, well, we hire a long time.
▶ 0:54:09You know, the last time the goose about the minimum wage for 17 years, you know, the last time heard or ever hired anybody. But it's $0.25. Yes how many? How long? >> yes. Yesterday minimum.
▶ 0:54:29Emplr the company, the employers I talk to, that's absolutely correct. If it's competitive, that's what made this country, uh. That that employer is grade?
▶ 0:54:58They had to frame a house. But a lot of them didn't. High school, 20 and $30 an hour business of using. Uh, things . It sure doesn't apply to mosts that are managed 1.5.
▶ 0:55:27You know, women, I assume, uh, is. Is that one and a half? Probably were experts in their field. Do you think or, uh, they look record. Is that out of, uh, a possibility.
▶ 0:55:58>> I would guess again, the bottom line is important. The employees that are capable of doing the job and employees stay. I mean, sure some employees that I not.
▶ 0:56:15You know, they somet program a little different, but we. Versus employees. >> there. And in today, particularly from we've got more people moving in to find workers being. $18 an hour.
▶ 0:56:38That's never looked at the minimum wage. I looked at do. I look in most of really, um, had the get their education background, but if all they educated field um, and it goes that I've always heard, you know, the, the definition of
▶ 0:57:10Smart in. What everybody's smart inside is, uh, if you applied what is seems, uh, look at the percentage sports teams, and I'm glad he is not does not apply to sports teams. Football, basketball. But. We're getting these rights off the biden administration. It was.
▶ 0:57:38Too much this 8020 rule. Harris team. They're missing it because I think really been in the workforce and had to hire people competitive. Uh, the competitive work ethic. That's what people look for. Everybody's good at. Something. But was thinking, uh.
▶ 0:58:06Hedge fund manager. For certain. Uh, then apply that to a plot. Sport in this country. Let's apply to have does not make sense. Common sense isn't so common.
▶ 0:58:26That's where the left just doesn't wora profit, which provides the tech for departments, our police departments, our the things we. Uh, you know, inflation is amazing.
▶ 0:58:51But thank you all for what you're these tt , particularly with. The and, uh, it never made sense. Doesn'. Are you about gentleman yields back now recognizes ledger fernandez for time for questioning.
▶ 0:59:14>> and as somebody who has actually managed business and before us is really on who's was going right and surprises me is the fact hurting. >> it is time where americans are feeling unemployment record high. Is that chairman.
▶ 0:59:46Wahlberg? You have to acknowledge that four year high but not so say still . >> we have a um, um, unemployment, we have added in. 2025, 24.
▶ 1:00:09>> the ranking member pointed that, are that 5 million jobs are, uh, at three and four? How many were added in? How many jobs were add in a sector? I think you have to look sector, 4000 jobs were added in 2025.
▶ 1:00:33This is the where americans want that cs put. The thumb on the scale to help workers, and what we did in the bigs billionaires and big corporations bills before. Us. We're standing with because again, and I.
▶ 1:00:59Want to take up, you know, we've we've things that, you know, I agree with what my. To touch on child labod labor in the united states. I'm sorry. Uh I'm sorry. >> and the sanctions for violation efficient. Right.
▶ 1:01:30>> and I think that. I have a figure here that looks like, uh , maybe the labor. Department's 20, 23 pound, 115 to 17 year olds had been illegal. Those che doing very I mean, meat processing and equipment.
▶ 1:01:55Those are have to save businesses their bills alwe opposite. But it's explain how a potentially pass to those subcontractors? Uh?
▶ 1:02:21>> the employer in be suitable r the nation who is the employer? If the tems it a meat? >> it's both. >> and that's why have joint employment.
▶ 1:02:42They're both, um, there have been some definitions that are so that when you apply it employer a meat house isn't agency, an employer, you. Have a wage violation. Um violations, youth employment. Ut blame anybody.
▶ 1:03:09Um, what this does is make off the hook. Is uy the responsible and . Can be a trouble.
▶ 1:03:25Sometimes the temp agency is a night you n they finally come down and up ad nobody's they close the office and run since the employer we dt believe in joint employment, so it's have any multiple employer.
▶ 1:03:53If to the de, they should. Decision and held and and that t sense. If you're on the you're g work that they've had the subcontract.
▶ 1:04:11To let's hold them both like we got rid we enforceo protect workers because everybody's going it's well, it's they're where. Are we at? And that's the thing of think government and the labor standards, the department of labor.
▶ 1:04:35And osha, they should be able those responsible, accountable for injury, uh, to child care pointed. Out earlier, uh, ranking member scott, you have great address, minimum bils about time.
▶ 1:04:54But you you have to wait until the child we're and new mexico, you can address child care. Out cutting people's overtime if they how they're.
▶ 1:05:17Child care assistance part of their, they're not overtime based and decades precedent >> and what strikes me. >> is something I using child. O all the. Some somebody mentioned at the beginning, I didn't know I'd.
▶ 1:05:47Hanshin,. That best child care wahlberg. Is authority I should facilities?
▶ 1:06:15>> under the would have in law t they're for so I don't know, have you seen the video? >> I've not seen you video of t. Cheating, the shooting. >> I've seen it absolutely.. >> do you see the video that the . Shooter saw?
▶ 1:06:42>> that is that's not in in anyk it's what is the priority of this congress and 2008 going in community who shoot. A mother. Of three in the conduct any ovet extensible. They're there.
▶ 1:07:09There is about child. Something that congress needs. And I think our failure to demand and to demand that there be oversight of what ice is doing in our.
▶ 1:07:33Responsibility of this and our s that that I masked a. Shooting people. Are threatening people, terrorizing america. That I think we want these billo fail americans right.
▶ 1:08:09>> too many rights for that. Reason. Um, I hope. And with thk now, recognize the gentleman from georgia, Mr. jack, for his for the chairman. >> I'd like to yield to my distinguished colleague a few months. The I opportunity to a few things.
▶ 1:08:39>> and for minnesota and just so you know and this since it was,r instance, ice agents, just a cof that they did in minnesota hmong nun and alien fd of vehicle theft, possession of stolen property with a arrest for arson.
▶ 1:09:06They pronuncis convicted sexual assault, lewd acts with a minor and pure haved blade lee, uh, illegal larceny, instructing possession. Assault and property .
▶ 1:09:35And I could could go on. The folks that are army t safer horrible. And like, I said, I could go sake of time, I won't.
▶ 1:09:52And, um, I think maybe before we start passing, shooting we now the investigation that is ongoing, that is going now, let the invasion happen before we all kinds of, um, inflammatory wordg things to be appreciate the opportunity for and, let's let
▶ 1:10:25Tell acts about what's ice prese in minnesota. And with that, I.. >> thank you. Representative. One question reviewing h.r. Two nine, a the prudent act. Just curious, open you contribution plans, like participants investments for a menu of an int fiduciary issuer or experts.
▶ 1:10:53And if participant instead chooses e window in that plan that informe plan's investment funds have not selected the window as being appropriate for retirement savings plan. Mr.
▶ 1:11:11Uh, plan fiduciary go through an external selection and options.e plans do analyze investor to understand their their risks and compared to othr similar investments? If these investments are pooled essence, the fees with these investments and are fees.
▶ 1:11:37The or hand broker allows window bypasg investments selected by the plan's investment fiduciaries. And since savings, these participants mayr own investment for series ii, the plan on the merit of the investor through the.
▶ 1:12:03Further, l fund participant will likely be. Um that's the basic concern that's to address what chairman walberg and ranking member for testified before today. >> I've enjoyed working with both congress.
▶ 1:12:31I hope one day to be a part thank you. >> gentleman. Yields back now. Recognize scanlon for her time of question. She know what I'd o point, detentions and actions right now about.
▶ 1:12:5580% of people that have been arrested, detained have no criminal record. Good had no criminal record. And that is compared to obama deported and but people than. Trump. But he terrorizing the.
▶ 1:13:26American public within the. Latino community just for in humble jobs speaking spanish being grown right. So there is a way immigration enforcement those who are engaged in criminal activity, lead to overs not shootings.
▶ 1:13:55I think at seven shootings, you can do it without terrorizing the american people that I about. And with that, thank you very much, mayor. >> thank you. Um about the ice enforcement.
▶ 1:14:17But I'll say that,s we have before us panel, um, do seem to have one thing boost but margins of employees. Um, we've heard a lot, uh, misleading claims from our colleagues that figures for the economy, but that really the only group that benefits from this legislation.
▶ 1:14:47Um, they erode the sugars have in workplace to protect themselves . Their workplace conditions. You know, the as usual, we see some creaming, uh, strategies here like the education act.
▶ 1:15:10Sounds great, but ability for workers education, it means you to sit through mandatory to pay you for your time. Um, I don't think means to the average worker who is being paid for their time.
▶ 1:15:27Um, and then we have the, child and elder care solutions, which also, if you just read the title, but and supporting affordable child care and elder care and we'd really rather be um scott's bill. About child care for working.
▶ 1:15:50But the bill before us would a bit about how that dynamic works in this bill. Well, it's that employee. To provide this benefit.
▶ 1:16:11>> if this passes, we do will le money by being the fact that that's part of the calculation of their oversight. So. We know that people will lose any evidence anybody will. Of the legislation.
▶ 1:16:33If it's child r working families, uh, would you actually providing it into the record an objection. >> thank. Thank you. It's just to tack this onto something . If you have. To work overtime. That's our problems with respect to child and elder.
▶ 1:17:05Who've had to pay for more expensive. If it's overtime on that book, the bills before us today do the same. Bosses, all e power change workers.
▶ 1:17:19If we really can forward that have strong work stands that raise the minimum wage, that makes sure the fired correctly so they're not being cheated out of receiving under , appreciate the deep. Dive that some of my colleagues did on.
▶ 1:17:45But, you know, while we're at it, we should probably be bringing tariffs that have led while raising costs from country. So, um, we're here with today, is there anything you want to add pass it that, um , we. Heard about the the was w.
▶ 1:18:18Talking about in the. >> about a 4. Gentleman from colorado mentioned. You run by firms and minorities. Yes that's, um 1. Mhm you're the problem. And it satisfied the got way.
▶ 1:18:51>> I mean that mean we've, we've heard about judiciary. Committee as there are these attacks on consideration for diversity equity and etc. In investment. But why was um investment. Systems arose. It was because people were asking for them.
▶ 1:19:11It was a capitalistic system to what the consumer only like capitalism when it's supporting the causes they like. >> so it makes sense as an investment strategy to continue . Including the esg factors. >> absolutely. Over time, that r those factors.
▶ 1:19:39So, um, you know, notice despite your face, by promoting this kind of it. And I yield back. Thank you. Thank you, miss scanlon. >> Mr. griffith, you're recognized. Thank you.
▶ 1:19:55>> I'm going to just stick with the issues because they >> but I'm stick with the issues that deal with this read the bill related to taking classes up one side and down the chairman.
▶ 1:20:11Correct that it says in about three points the employer mandate that they take the that they they need the class in order to stay of that, but that sometimes people just take classes, improve their position . Perhaps for a fusion or taking on. More responsibility.
▶ 1:20:34And they're voluntarily and the word voluntarily is in the it correce if I got any the employer is not being required or a class that they voluntarily chose, or theyn or more I mean, that's the way somebody said, ak , we get in here, classes or may
▶ 1:21:06Courses. >> bill, there's nothing in there about mandatory. If it's mandatory, they. I yield back >> thank you, Mr. griffin. Are there any other questions? >> this is >> much. You're excused.
▶ 1:21:33There anyone else seeking 62, 22, 70, 23. 12 h.r 29 2366. Seeing meeting.
▶ 1:22:11Are you ready. The chair will b, madam chair. >>, h.r. 2988, the protect, retirement. Savings act, a structured rules all points of consideration of the bill in the nature of substitute recommended by the committee.
▶ 1:22:38I now printed in the bill shall be considered as adopted, as amended, shall be considered as read all against provisions in the bill, as amended divided and controlled by the member of the education e unease, the rule makes an order only the further printed in the, considered only in the order
▶ 1:23:10Printed in the report, designatt , shall we can be the time specified in. The controlled by the proponent and opponent. Be subject to amendment, and shall not be subject to a deny the question.f order against it in part a of the rules committee report rule provides one motion to recommit the rule further. H.r.
▶ 1:23:382262, the flexibility for under a rule, the rule waives all points of order rule provides that the amendment, in the nature of now printed in the bill printed in part b of the rules committee reports adopted in the amended, shall be considered as read. The order against provisions in the bill as amended.
▶ 1:24:06The rule eight, equally divided and controlled by the chair educational workforce or their respective, as it provides rule further provides for consider 70, the empowering employer child h.r. 20 312 employee protection act, and h.r. 46, the save local business act.
▶ 1:24:34Under the rule waives all points of consult respective amendments recommended by the committee on education workforce. Now, the bill shall be considered as adopted and each, considered as.
▶ 1:24:54It's all points of orders against provisions in each such bill provides one hour of general debate on each equally and divided and controlled by the member of committee on education and workforce, or the respective. The rule provides s. >> motion. Is there any discussion or amendment? Members? Mr.
▶ 1:25:23Mcgovern, I have an amendment. >> uh, the committee at a new section to the rule to direct differences. Tariff policy working group and bipartisan. Briefing open to all house members today, january 16th, 2026. Such any efforts by.
▶ 1:25:41The working group so far include any recommendations related to the president's current and use of e such tariffs. Plans by the. Working group. Madam chair, I have have concerns with president. Why the senate has sent us on a resolutions to terminate these tariffs. A republican majority.
▶ 1:26:11Has continued to turn off fast. That would allow up or down votes on these republicans have passed rules that these tariff votes further and further . But during the rule vote on september several republicans were so incensed and frustrated that they a deal, according to a press, congressman mcclintock.
▶ 1:26:39He switched his vote to speaker, agreed to, quote immediately convene a working appearance. To address the tariff issue, to modify existing policy and clarify that policy, end quote. Congressman bacon. Another was the due to the tariff issue, told new would be led bye ways and means.
▶ 1:27:09Uh subcommittee on this press releases and news reports. I haven't heard any working group. Hope that the provision of measures from coming to the floor expire at the the month, but I suspect will extend it once again. So I think it would be beneficial to hear from congressman smith and this tariff before vote on an extension.
▶ 1:27:37So let's find an aide and recommendations they have for. And I'm back. >> is there any further discussion. Hearing none. All. Those in favor signify by saying those opposed say no. No no's. Have it.
▶ 1:28:05The amendment is not agreed to clerk will call the, Mr. norman, Mr. norman. No. Mr. roy, this is how. Mr. scott. Mr. Mr. griffith. No. Mr. jack. No. Mr. jack. No Mr. wood I miss. Scanlon I am Mr. neguse. Mr. fernandez, I madam chair. No, madam chair. Clerk. Will report the total three ayes.
▶ 1:28:37>> the, uh, the noes not agreed to any further discussion. I have an amendment to the rule. >> I move the to h.r. 2009 88. D by representative, which plan, o investments while ensuring they do not sacrifice holding core investor protections. Madam chair, retirement. Plan managers and investors, inc.
▶ 1:29:06And climate related risks. Corporate and how a company treats its workers when making bet for a support ld government. This too much power over yes vote on my motion, and I yield back my. >> thank. Is there any further discussion.
▶ 1:29:34Hearing favor signify by saying aye. Those opposed say no. No in the opinion just. Have it. The amendment is not agreed to to r. The clerk will call Mrs. fish buckner. >> Mr. norman, Mr. norman omen. Mrs. no. Mr. langworthy. Mr. scott. Mr. griffin. Mr. jack. No. Mr. jack. No.
▶ 1:30:02Miss mcgovern, I miss scanlon, miss. Scanlon, I Mr. miss. Pleasure. Fernandes. Hi, madam chair. The clerk will. Report the total it. >> the amendment is further dis? Hearing? No further discussion. The question is on the gentlewoman from minnesota.
▶ 1:30:29All those of us saying I, uh, I, those opposed in the opinion. Chair, the ayes have it. The motion to Mr. mcgovern request to roll call the. Yes. Mr. fisci miss Mrs. hodgson yes. Mrs. I Mr. lange wear the I Mr. scott I uh Mr. g. Jack no.
▶ 1:30:59Miss cowan I miss. Yes. Miss leger. Fernandez. No I. Madam chair, I just three nays the ayes have it. >> to report is agreed to accordingly. Um. Uh minnesota miss fischbach will bz for the democrats.
▶ 1:31:26And for the democrats. Without body is. Adjourned.