Here’s how area members of Congress voted May 26-June1
WASHINGTON, D.C. — Here’s a look at how area members of Congress voted May 26 through June 1:
House
House Vote 1:DEFINING SMALL COMPANIES: The House has passed the Small Entity Update Act (H.R. 2792), sponsored by Rep. Ann Wagner, R-Mo., to require the Securities and Exchange Commission to update, every five years, its definition of “small entity” for the purposes of regulation. The vote, on May 30, was 367 yeas to 8 nays.YEAS: Jim Jordan R-OH (4th), Bob Latta R-OH (5th)
House Vote 2:SHAREHOLDER VOTING PRACTICES: The House has passed the Enhancing Multi-Class Share Disclosures Act (H.R. 2795), sponsored by Rep. Gregory W. Meeks, D-N.Y. Under the bill, a publicly traded company that has multiple classes of shareholders with differing amounts of power over the company would be required to provide more information about those classes of shareholders. The vote, on May 30, was 347 yeas to 30 nays.YEAS: Jordan R-OH (4th), Latta R-OH (5th)
House Vote 3:INVESTING IN SMALL BUSINESS: The House has passed the Promoting Opportunities for Non-Traditional Capital Formation Act (H.R. 2796), sponsored by Rep. Maxine Waters, D-Calif. The bill would require a Securities and Exchange Commission (SEC) office for investment in small business to expand efforts to help some types of small business, including those in rural areas and those hurt by natural disasters, raise private capital. The vote, on May 30, was 309 yeas to 67 nays.YEAS: Latta R-OH (5th)NAYS: Jordan R-OH (4th)
House Vote 4:JEWS AND ANTI-SEMITISM: The House has passed a resolution (H. Res. 382), sponsored by Rep. Debbie Wasserman Schultz, D-Fla., recognizing the contributions Jews have made to American society and calling on civic, political and religious leaders to oppose anti-Semitism. The vote, on May 31, was unanimous with 429 yeas.YEAS: Jordan R-OH (4th), Latta R-OH (5th)
House Vote 5:BUDGET, DEBT LIMIT LEGISLATION: The House has passed the Fiscal Responsibility Act (H.R. 3746), sponsored by Rep. Patrick T. McHenry, R-N.C. The bill would suspend the federal debt limit through 2024, cancel some unspent funding for the Internal Revenue Service and COVID response programs, and create caps on discretionary federal spending in fiscal 2024 and fiscal 2025. McHenry said it “contains spending cuts that take a step in the right direction toward restoring fiscal sanity in Washington” and curbs regulatory overreach by the executive branch, while also reforming the appropriations process in Congress. An opponent, Rep. Chip Roy, R-Texas, said of the bill: “At best, we have a two-year spending freeze that is full of loopholes and gimmicks that would allow for increased funding for the federal bureaucracy in order to receive a $4 trillion increase in the debt by Jan. 1, 2025.” The vote, on May 31, was 314 yeas to 117 nays.YEAS: Jordan R-OH (4th), Latta R-OH (5th)
House Vote 6:QUALIFYING PRIVATE INVESTORS: The House has passed the Equal Opportunity for All Investors Act (H.R. 2797), sponsored by Rep. Mike Flood, R-Neb., to expand eligibility for individuals to qualify as an accredited investor, eligible to purchase privately offered securities, by passing an examination from the Securities and Exchange…
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