Transcript Highlights:

• But unfortunately, under the last administration, the SEC failed to enforce this law.
• I plan on holding the SEC accountable to enforce the law, and I hope to work with Chairman Molnar, Ranking
• And I believe the new chairman of the SEC will, and I know he's committed to me, that he is going to
• obligation like American companies do to comply with general accepted accounting principles and our SEC
• And so, and the SEC enforced it, right?

Keywords: Chinese Communist Party, retirement security, investment risks, SEC enforcement, Bipartisan action

Summary: The meeting primarily addressed concerns regarding the impact of the Chinese Communist Party (CCP) on American investments and the financial security of retirees. The chair discussed legislation aimed at ensuring the protection of American investors against the risks posed by Chinese companies. There was a consensus among the members regarding the necessity to enforce existing policies that require compliance from foreign companies wishing to trade on American exchanges. The discussion included testimony from various stakeholders highlighting the urgent need to limit exposure to the CCP in retirement portfolios. Additionally, there were calls for increased accountability of regulatory bodies such as the SEC to better shield American investors from potential loss.

Transcript Highlights:

• Paul Atkins, President Trump's nominee to lead the SEC, has the experience necessary to return the SEC
• As SEC Chair, how can the SEC recover from these losses and return to its core capabilities as an agency
• Don't you think the SEC...
• Uyeda effectively asked SEC staff for a loyalty pledge when SEC staff were considering an enforcement
• How can the SEC reduce that burden?

Keywords: financial regulations, SEC, Comptroller of the Currency, Federal Transit Administration, nominees, Empowering Main Street in America Act, capital formation, economic growth

Summary: The committee meeting focused on several nominees within key financial institutions, including discussions surrounding the SEC, the Federal Transit Administration, and the Comptroller of the Currency. Notable dialogue included concerns over regulatory balance, with various members emphasizing a need to streamline regulations to foster innovation while ensuring accountability and safety for investors. The importance of the proposed 'Empowering Main Street in America Act' was highlighted as a means to facilitate access to capital for small businesses, underlining the current administration's approach towards financial regulations.

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=wRu5o0mJpsA, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Part of a presentation was missed during the live stream. This upload restores that Meeting start 0:00:00 Roll call 0:00:24 Rememberance of Rep. Lamin Swann 0:02:00 Introduction of new IJC members 0:04:35 Sec. Gray’s Update on Major Projects and Issues facing KYTC 0:05:44 NEVI Plan Discussion 0:32:41 Vision Testing Discussion 0:54:40 Fee Structure for Overweight / Over dimensional Permits Discussion 1:01:13, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• Someone that is regulated through the SEC to make those investments for the state.

Bills: SB1302, SB1389, SB1401, SB1776, SB1809, SB1858, SB1985, SB2053, SB2148

Keywords: income tax, tax rates, revenue certification, Oklahoma Tax Commission, state budget, education, tax credit, school choice, private school, tuition assistance, income limits, parental choice, accreditation, insurance, taxation, premium, home office credit, healthcare, teacher tax credit, income tax credit

Transcript Highlights:

• The bill applies to corporations formed under Texas law. with SEC-registered equity securities listed
• we're not We're not getting in the way of the SEC, but we're putting in place our own rules here and
• SEC rule 14A-8. It's not a product of the New York Stock Exchange, right?
• That's an SEC rule. Thank you. Thank you. Thank you, Senator.
• The SEC rule, by the way. applies unless it conflicts with state law and so the purpose of this This

Bills: SB264, SB542, SB924, SB1008, SB1029, SB1036, SB1057, SB1058, SB1185, SB1202, SB1358, SB1364, SB1376, SB1569, SB1664, SB1697, SJR50

Keywords: SB 264, Texas Workers' Compensation Act, group self-insurance, self-insured groups, workers' compensation, Texas Department of Insurance, commissioner of insurance, certificate of approval, guaranty fund, trust fund, wind down, dissolution, labor code, insurance regulation, employer coverage, risk pool, business and commerce, trade workforce economic development, property owners' association, water conservation

Transcript Highlights:

• I'm the administrator of the SEC.
• I'm the administrator of the SEC.
• Core mission rather than expand the authority of the SEC.
• So does the SEC set those rates?
• So does the SEC set those rates?

Keywords: 1191, senate, all

Transcript Highlights:

• Inspector General found that the SEC had Inspector General found that the SEC had exceeded<05:03
• investigations also found that the SEC investigations also found that the SEC had<05:03:17.200><
• Congress granted the SEC independent leasing authority in 1990, which means the SEC does not use the
• Authority in 1990 which means the SEC Authority in 1990 which means the SEC does<05:04:09.000> not
• The SEC has wasted time and money with failed procurements, and it's past time for the SEC to cede that

Keywords: U.S. House of Representatives Floor Proceedings on Monday, January 13, 2025, 1012, house, all

Transcript Highlights:

• <01:36:56.560> conducts in the room when the SEC conducts in the room when the SEC conducts
• will want to participate in every SEC will want to participate in every SEC dockets<01:37:02.040
• and enforcement of SEC certificates.
• and enforcement of SEC certificates.
• useful for the rate paays if the SEC useful for the rate paays if the SEC considered<01:52:50.040

Keywords: 1191, senate, all

Transcript Highlights:

• things that the SEC has to find today. things that the SEC has to find today.
• at the SEC. at the SEC.
• There are, in fact, zero employees at the SEC, and there are zero positions at the SEC.
• It's the SEC and PUC.
• that are involved with the SEC process. that are involved with the SEC process.

Keywords: 1191, senate, all

Transcript Highlights:

• um could there be to the SEC pause? um could there be to the SEC pause?
• So while the SEC is getting suspended.
• I'm not going to speak about the merits of the SEC or the moratorium.
• I'm not going to speak about the merits of the SEC or the moratorium.
• The governor is a big supporter of the SEC.

Keywords: 928, house, all

Summary: The Environment and Agriculture Committee held a hearing on a non-germane amendment to SB 302, a Senate bill originally requiring background checks for solid waste and hazardous waste facility owners. Representative Patenza explained that the amendment was intended to preserve and separate out language developed for the governor’s budget proposal and HB 2 concerning a solid waste facility site evaluation committee, a moratorium, and related public-benefit/site-benefit provisions, so the policy would still have a vehicle if the budget language did not advance. He said the proposal reflects extensive work by the House, the governor’s office, and DES, and he was open to further changes to align with any budget conference committee outcome. Dr. Adam Finkele testified in support of the amendment and the underlying site evaluation concept, arguing that landfill siting decisions should be based on cost-benefit analysis that includes public harms, local impacts, and regional impacts rather than only private benefits. He praised the committee process and prior legislation requiring agencies to respond substantively to public comments, and said the new language improves on the governor’s version by moving the committee’s review earlier in the process and requiring more complete application information, including alternatives and impacts on nearby wells and aquifers. He also supported a three-year moratorium on new landfill applications, saying it would give the state time to address leachate, PFAS, waste reduction, and weak siting rules. Members asked about possible conference committee changes, the value of having a separate review body, and whether the new rules would invite litigation. Dr. Finkele said he would likely sue over the rules because he считает them too weak, but also said the legislature could fix the problems through other bills such as HB 77. He acknowledged that the site evaluation committee is not a perfect solution, but said it is a useful intermediate step between the agency and the courts and likely would meet only rarely if capacity need remains the main trigger for future landfill decisions. No vote or final action was taken during the hearing.

Transcript Highlights:

• The SEC has written that wrong, and so they have, you know, in doing that, they sort of have taken away
• The SEC has written that wrong, and so they have, you know, in doing that, they sort of have taken away
• The SEC has written that wrong, and so they have, you know, in doing that, they sort of have taken away
• The president has placed someone over SEC that is in, has a mindset to make this work, to regulate it
• president has placed someone over SEC president has placed someone over SEC that<00:10:14.800>

Keywords: 958, all

Summary: The House Standing Committee on Banking and Insurance met with a quorum and first introduced a guest before taking up House Bill 701, sponsored by Representative Adam Bowling. The committee adopted a committee substitute by voice vote. Bowling explained that the substitute removed the bill’s mining-related language and added clarification that the bill does not require anyone to accept digital assets as payment. The bill was described as a measure to modernize Kentucky’s approach to digital assets and blockchain technology, protect the right to hold and transact in digital assets, and clarify that certain crypto activities are not securities; it also preserves authority for the Attorney General to pursue fraud under existing consumer protection laws. Members asked questions about why Kentucky should act before federal regulators fully resolve whether digital assets are securities or commodities, whether the bill affected local zoning authority, and how the measure addresses consumer protection and money laundering concerns. Bowling and a Coinbase representative said the bill is intended to provide clarity, align Kentucky with emerging federal developments, and avoid stifling innovation. They noted that Coinbase remains subject to federal AML/KYC rules and that recent federal litigation over staking and securities issues had been dismissed. Several members said they supported the bill as a way to put Kentucky in a leading position, while others expressed uncertainty about the security-versus-commodity question. The committee then voted on House Bill 701 as amended by the substitute. The bill passed on a roll call vote, with most members voting yes. Representative Camuel passed, saying she wanted more time to understand the issue, and Representative Grossberg voted yes with reservations. Representative Hancock and others said the bill’s regulatory clarity and consumer protection aspects were important, and Representative Lockett said the measure would help Kentucky be ready once federal regulators decide how crypto should be classified.

Transcript Highlights:

• fundraising transactions involving digital assets would continue to need to be registered with the SEC
• These disclosures— These disclosures would be subject to SEC oversight and securities law anti-fraud
• For four years the crypto industry has called on the SEC and CFTC to develop rules and guidance and to
• The reality is that the SEC has developed a novel theory when they failed at other approaches in this
• Several courts have very clearly rejected that theory by the SEC.

Keywords: Digital Assets, Bitcoin, Stablecoins, Legislation, Bipartisan, Consumer Protection, Regulatory Framework, Financial Innovation, Testimony

Summary: The inaugural meeting of the Digital Assets Subcommittee brought a wave of excitement and anticipation regarding the future of digital assets, including Bitcoin and stablecoins. Chair Lummis expressed gratitude towards Senator Scott for establishing the subcommittee, indicating a commitment to promote responsible innovation while safeguarding consumers. Members discussed the necessity for a bipartisan legislative framework to regulate digital asset markets effectively while outlining the potential benefits such legislation could have on enhancing financial inclusion and streamlining payments. The meeting featured expert testimonies from key figures in the digital asset industry, highlighting the importance of creating clear regulatory guidance for digital assets to foster innovation without compromising consumer protections.

Transcript Highlights:

• HR 3351 offers a uh on at the SEC.
• SEC can respond and the better off our SEC can respond and the better off our small<05:06:13.760>
• This study, I... are exempt from SEC registration. When are exempt from SEC registration.
• Importantly, this gave the SEC the ability to recall these exemptions if the SEC finds that they are
• Importantly, this gave the SEC the ability to recall these exemptions if the SEC finds that they are

Keywords: U.S. House of Representatives Floor Proceedings on Monday, July 21, 2025, 1012, house, all

Transcript Highlights:

• And in their stead, we have a project called Sarascoin, which is an SEC-registered stable token.
• By the way, this was not an easy process to get through the SEC.
• Um we process to get through the SEC.
• He said, that we had to made to the SEC.
• Uh as SEC has got permission network.

Keywords: 1189, house, all

Summary: The commission met to review stable tokens, real-world asset tokenization, and blockchain-based trust, approved the agenda and December 12 minutes, and heard a presentation from Anchorage Digital after postponing a planned Bitco presentation because of its IPO quiet period. Anchorage’s Melinda Delos, Joe Mioli, and Kevin Wasaki introduced the firm, describing it as a global digital assets platform and the first crypto-native institution in the U.S. to receive a federal banking charter. They said their approach emphasizes security, regulated custody and trading services, and responsible innovation for institutional clients, banks, states, and sovereigns. The presentation focused on post-Genius Act momentum in the stablecoin market. Anchorage said the law provided regulatory clarity and helped spur activity with major clients, including Athena, Tether, and Western Union. The speakers highlighted Western Union’s planned stablecoin as especially significant because it reflects adoption by a long-established traditional payments company, and they said the project illustrates how stablecoins can support programmable, real-time, interoperable payments. They also noted that Anchorage is providing issuance infrastructure for the Western Union project. The commission and presenters also discussed government uses of tokenized assets, including reserve legislation, digital assets for tax collection and fees, and a Marshall Islands initiative to use a tokenized sovereign bond for direct citizen payments. In response to a question, Anchorage said it would follow up on which states are using digital assets for revenue collection, mentioning Louisiana and Pennsylvania as examples. The banking discussion centered on remittances, instant payments, and interbank settlement, with Anchorage arguing that stablecoins can reduce settlement time, fees, and foreign exchange risk while improving traceability and auditability.

Transcript Highlights:

• championships, producing 22 SEC champions and 44 SEC titles.
• Okay, so what you’re seeing from SEC Network is coming—where is it recorded?
• Monroe, no other SEC school is releasing this information. Grambling, U.L.
• Monroe, no other SEC school is releasing this information. It's proprietary information. Okay.
• What is they say about every SEC school? No other SEC school is releasing this information.

Keywords: 974, senate, all

Transcript Highlights:

• investment offering necessitating SEC investment offering necessitating SEC registration.<04:26:
• > called<04:34:31.760> uh Unfortunately, the SEC rule called uh Unfortunately, the SEC
• The SEC rule artificially BDC's.
• ><04:42:04.718> had pointed out earlier. uh if the SEC had pointed out earlier. uh if the SEC
• registration statement with the SEC. registration statement with the SEC.

Keywords: U.S. House of Representatives Floor Proceedings on Monday, June 23, 2025, 1012, house, all

Transcript Highlights:

• I don't think many people understand how the SEC operates, even those who have been involved for a long
• For the purposes of the statute, I could not serve on the SEC policy committee because I am not a state
• And that means that the good work that the SEC has done, the millions of dollars that state employees
• Greg Bennett, who is the administrator for the SEC Committee, is here.
• can answer any questions. ...about the committee and the work the Policy Committee does and how the SEC

Keywords: Texas Ethics Commission, legislative recommendations, general counsel appointment, foreign lobbying, political contributions, quarterly meetings, public testimony, rule amendments

Summary: The meeting focused on the Texas Ethics Commission's (TEC) evaluation of legislative recommendations and personnel updates, including the appointment of a new general counsel and discussions about upcoming quarterly meetings. Commissioner Schmidt reported on the progress of various bills, including amendments to existing laws, the need for increased regulation on foreign lobbying, and the publication of new rules in the Texas Register. Public testimonies were heard regarding compliance issues and proposed changes in political contribution regulations. The Commission agreed to schedule further review on the legislative items discussed and the proposed rule amendments.

Transcript Highlights:

• Um, is SEC committee members have to be state employees by statute, have to be either state employees
• I could not serve on the SEC policy committee because I am not a state employee. I am.
• I have not been able to fill our spots on the SEC policy committee. We have 3 appointments there.
• Greg Bennett, who is the administrator for the SEC committee, is here.
• I'm, I'm a volunteer, um, kind of like your previous uh SEC.

Transcript Highlights:

• I do not feel, in my personal opinion, that we can be competitive year after year after year in the SEC
• So do you know where the University of Arkansas ranks amongst our other SEC schools on tuition?
• What have the other schools in the SEC?
• What are the other SEC schools doing?
• We're currently spending $18 million and $2.5 million in new scholarships as required by the SEC.

Summary: The committee first considered revisions to the JBC rules, which staff said were all prompted by acts passed in the 2025 legislative session. The rules were adopted without objection. Members then received a balanced budget presentation from DFA Secretary Jim Hudson on the governor’s FY27 proposal, which he said was built around three priorities: limiting state government growth, continuing investments in education, and advancing income tax cuts. He highlighted major additions for education funding, EFA growth, pay plan costs, higher education productivity funding, drug task forces, corrections medical costs, the governor’s 1033 initiative, SNAP error-rate reduction, and Medicaid sustainability, while also explaining a new A/B funding category structure intended to prioritize recurring costs and preserve room for tax cuts. Members questioned Hudson about the cost of income tax reductions, the constitutional balanced-budget requirement, education funding, the Educational Adequacy Fund, Medicaid trust fund balances, and the impact of federal changes on Medicaid and SNAP. Hudson said each tenth of a percent income tax cut would cost about $58 million, the budget remained balanced, public education would still receive historic increases, and the Medicaid trust fund would be monitored closely with additional set-asides proposed. He also said the FY27 SNAP administrative cost increase would be about $18 million. The committee then heard from the Division of Higher Education, which reported institutions were 2.61% more productive overall and that the budget recommendation followed the statutory productivity formula. Questions focused on why some institutions were receiving decreases or large increases, how the formula works, and how the new return-on-investment metric and committee composition would affect future funding. The committee approved several higher education-related actions, including personnel changes for nine institutions and special language for North Arkansas College’s move into the University of Arkansas system. Staff then walked members through the higher education appropriation summary, explaining large percentage increases at several institutions were tied to federal funds or corrected carry-forward issues, including the U of A School of Mathematical, Sciences and the Arts, South Arkansas College, SAU Tech, ASU Mountain Home, and ASU Newport. Members also discussed UAPB’s 1890 extension program and the University of Arkansas Division of Agriculture’s land-grant matching funds; officials said UAPB’s recommendation was being aligned with actual spending and that the Division of Agriculture’s Smith-Lever and Hatch matches were included within its overall appropriation. The committee ultimately adopted the Higher Education Coordinating Board’s recommendations for all institutions and then moved on to the Department of Corrections section, with the chair outlining how the committee would proceed through those appropriations by section.

Transcript Highlights:

• Your first bill talks about SEC filings. Why didn't you include the Big Ten or the ACC?
• I think you will agree that the SEC is the only one that matters, Mr. Chairman.
• The SEC answer was a great answer, by the way. Just want to point that out.
• If you had to say SWAC, you would have got some bonus points, but we're going to stick with the SEC in
• Just want to say, But we're going to stick with the SEC in this scenario.

Summary: The committee met with a quorum present and heard several insurance- and financial-services-related bills. HB 315 was temporarily postponed. The chair also noted that, following the speaker’s remarks, members should expect additional special meetings as the committee investigates insurance-related issues and seeks transparency and the truth. HB 497, relating to nonprofit agricultural organization health coverage, was presented as a way to give Florida Farm Bureau members—especially farmers, ranchers, and small business owners—more affordable health coverage options. An amendment added statutory placement changes, disclosures that the product is not commercially sold, and annual financial audits. Members discussed ACA-related protections, fraud, and insolvency concerns, and the bill received support from Florida Farm Bureau and was reported favorably 16-0. HB 379, the annual securities package, updated exemptions, foreign jurisdiction rules, the Florida Invest Local Exemption, merger-and-acquisition broker rules, fingerprinting requirements, and technical issues in the Securities Guarantee Fund. Three amendments clarified entity definitions and fingerprint/live-scan requirements; the bill drew support from industry and OFR and passed favorably 17-0. The PCS for HB 147 on consumer debt collection clarified prohibited communications during nighttime hours, with the sponsor and supporters explaining the intent was to allow email while restricting other forms of contact and reduce litigation over passive communications. Members and public witnesses discussed ambiguity in the wording, and the sponsor said further cleanup language may still be needed; the PCS was reported favorably 17-0. HB 655 on pet insurance and wellness programs created a regulatory framework for pet insurance, drew support from industry and humane society representatives, and passed favorably 17-0. HB 367 on home and service warranty association financial requirements allowed financial compliance through multiple contractual liability insurance policies and alternative parent-company documentation; an amendment corrected cross-references and duplicative language, and after questions about consumer protections and insolvency, the bill was reported favorably 17-0. Finally, HB 7003 preserved a public-records exemption for sensitive financial technology sandbox application materials; members discussed the sandbox concept and possible future issues, but no amendments were taken and the bill passed favorably 17-0. The meeting adjourned without objection.