The 115th Congress-Washington 2017

[Democratic Peoples republic of Kelvinsi]

De Nieto: "I wish to add this bill to the docket"

Official Name: Honesty and Transparency in Financial Services ActNickname: HTFSA

Overview: This bill will mandate fairness and honesty in the financial services industry. The bill mandates that all financial services either adopt fiduciary responsibilities or honestly articulate their job. This bill will bring honesty into the US financial industry.

Section 1: At the present moment there exists a serious problem in the financial services industry, and that is the fact that not all financial advisors do not have any fiduciary

Section 2: Mandates that all individuals marketing themselves as "Financial Advisors" or any profession that involves the management and/or investment of a client's money in excess of 1,000 dollars must undertake fiduciary duties for their clients.
Section 2a: Fiduciary duties defined in this bill shall share the definition with US corporate law's Fiduciary Duties in whole

Section 3: Any individuals and/or corporations or any other entity who violate fiduciary responsibilities is eligible to be sued for damages by their clients laid out in US Corporate Law

Section 4: Individuals may continue to operate in the financial services industry in professions that involve the management and/or investment of a client's money in excess of 1,000 dollars without fiduciary responsibilities if they market themselves as with the prefix "Non-Responsible" or "Irresponsible" attached to their job title
Section 4a: In any and all displays of the job title all words in the job title shall share the same font size, and font type
Section 4b: Failure to obey Section 4 knowingly shall result in a fine no less than 50,000 United States Dollars, and no more than 100,000 United States Dollars, as well as either the adoption of fiduciary fine, or a court-mandated rebranding in order to bring the offending party in the line section 4a and 4.
Section 4c: Following a second conviction, under Section 4b the offending party must bring changes in order to comply with section 4 and 4a, or be mandated to adopt fiduciary responsibilities and imposed a fine no less than 100,000 dollars
Section 4d: After court-mandated undertaking of fiduciary responsibilities, section 3 shall apply

Section 5: After the signing of this bill, a 2 year grace period shall be provided in order to allow companies to adjust to the new rules

This bill is then honorably presented to US House of Reps for consideration in order to improve honesty in the US financial services industry to improve the United States Law and is backed by Rep. De NIeto on April 2nd 2017

Do Not Remove: 1337

[Panira]

House Floor

Pross stood. "Mr. Speaker, the opioid crisis is one of the most pressing medical issues in our country today. I saw and continue to see the people in my home state of West Virginia and so many others across the nation suffering daily. This bill gets us leaps and bounds closer to a solution than we were yesterday. Experts have estimated that it will cost tens of billions of dollars annually to fight this crisis, and this bill provides us with the financial resources to start reaching a solution. The FODAC would act as a necessary component for research as well as awareness campaigns, and after consulting with the NCASA, I have seen to it that we will provide the financial incentives promised to the states for assistance with starting PDMPs that will help us prevent addiction in the future. This bill is composed of solutions that experts on the crisis have concluded will work, and it is in the best interests of the American people that we move this bill forward. Thank you."

[Velahor]

House Floor

Pross stood. "Mr. Speaker, the opioid crisis is one of the most pressing medical issues in our country today. I saw and continue to see the people in my home state of West Virginia and so many others across the nation suffering daily. This bill gets us leaps and bounds closer to a solution than we were yesterday. Experts have estimated that it will cost tens of billions of dollars annually to fight this crisis, and this bill provides us with the financial resources to start reaching a solution. The FODAC would act as a necessary component for research as well as awareness campaigns, and after consulting with the NCASA, I have seen to it that we will provide the financial incentives promised to the states for assistance with starting PDMPs that will help us prevent addiction in the future. This bill is composed of solutions that experts on the crisis have concluded will work, and it is in the best interests of the American people that we move this bill forward. Thank you."

Seeing that nothing has proceeded, Representative Smith stands for a question: “While many areas of the country are struggling with the opioid crisis, there are also others struggling with issues regarding other prescription drug abuse, namely anti-anxiety drugs like Xanax and Clonazepam. Would you consider an adjustment to this bill to cover prescription drug abuse as a whole?”

[Panira]

House Floor

Pross stood. "Mr. Speaker, the opioid crisis is one of the most pressing medical issues in our country today. I saw and continue to see the people in my home state of West Virginia and so many others across the nation suffering daily. This bill gets us leaps and bounds closer to a solution than we were yesterday. Experts have estimated that it will cost tens of billions of dollars annually to fight this crisis, and this bill provides us with the financial resources to start reaching a solution. The FODAC would act as a necessary component for research as well as awareness campaigns, and after consulting with the NCASA, I have seen to it that we will provide the financial incentives promised to the states for assistance with starting PDMPs that will help us prevent addiction in the future. This bill is composed of solutions that experts on the crisis have concluded will work, and it is in the best interests of the American people that we move this bill forward. Thank you."

Seeing that nothing has proceeded, Representative Smith stands for a question: “While many areas of the country are struggling with the opioid crisis, there are also others struggling with issues regarding other prescription drug abuse, namely anti-anxiety drugs like Xanax and Clonazepam. Would you consider an adjustment to this bill to cover prescription drug abuse as a whole?”

Pross turned to Smith to answer. "I certainly would be open to amending this bill, Representative, and prescription drug abuse as a whole is a serious issue as well, but I think it more beneficial for a separate piece of legislation dealing specifically with other prescription drugs to be considered at a later date. A separate bill provides us a wider range of options than a simple amendment would, and I believe opioids are serious enough to where they need to be dealt with separately. Besides that, PDMPs that would be instituted would, under the current language of the bill, be able to be utilized to monitor Xanax and Clonazepam prescriptions as well as opioid prescriptions, which helps us instantly deal with other prescription drug abuses that have arisen."

[Prolieum]

Senate Floor-Chair

"Without objection, the motion passes. The floor is open to motion and debate."

[Prolieum]

House Floor

Appleby shrugged at the failure of his effort, and started jotting down notes for a separate bill, but looked up to ask a question.

"So, if people got themselves hooked, why are we shelling out money for that?"

[Panira]

House Floor

Appleby shrugged at the failure of his effort, and started jotting down notes for a separate bill, but looked up to ask a question.

"So, if people got themselves hooked, why are we shelling out money for that?"

Pross turned to Appleby. "For the same reason we have state-funded rehab centers, Representative. Even if people are doing this to themselves, it's our duty as a government and as humans to do what we can to help our constituents and our fellow man. In this case, that's helping those who are already addicted and doing our best to prevent others from getting addicted."

[Prolieum]

House Floor

"That's all great, but there are people that help with that without us paying for it. What you' re saying sounds like it'll have you pay for everything for everybody. So, how are you keeping people from getting addicted?" Appleby asked.

[Panira]

House Floor

"That's all great, but there are people that help with that without us paying for it. What you're saying sounds like it'll have you pay for everything for everybody. So, how are you keeping people from getting addicted?" Appleby asked.

"I wouldn't say that this bill is giving Congress the power of deciding how to prevent addiction," Pross replied. "That's not our job. What we're actually doing here is giving the resources and power to do so to the people whose job it is, who specialize in that sort of stuff - the Department of Health and Human Services, the NCASA, FODAC, state PDMPs. Organizations that will be able to utilize these resources toward keeping people from getting addicted much better than we ever could. So if you're simply concerned about preventing addiction, Representative, that's good! So am I. But this bill would do that, and it would keep us from having to be responsible for it, putting it instead in the hands of experts and specialists in this field, people who know how to get these things done and done well."

[Prolieum]

House Floor

"Think that we might want to wait to actually get a plan from these guys before throwing money at them?" Appleby inquired.

[Panira]

House Floor

"Think that we might want to wait to actually get a plan from these guys before throwing money at them?" Appleby inquired.

"We have," Pross replied, beginning to get internally annoyed with Appleby's persistence. "The NCASA, for instance, has a list of suggested solutions to this crisis for the government to take that would begin to take effect through this bill. A list that was composed by people who know what they're doing and is available to read online if you'd like. Through this bill, we'd be pairing them with FODAC and Health and Human Services to allow them to actually implement these suggestions. We'd let the experts take it from there."

[Prolieum]

House Floor

"Great, you have a list for the fifty million. I don't see any list for the lump sum. I don't even see where this money is coming from. Think that's important to have now?" Appleby asked.

[Greater Arab State]

Senate Floor

Senator Kramer: "Mr. President, I motion to call the previous question."

[Tumblrena]

Washington D.C.
United States Senate
1027
Monday
17 April
2017

"Objection! I move to lay the bill on the table." McGareth says.

[Democratic Peoples republic of Kelvinsi]

Senate Floor

Senator Kramer: "Mr. President, I motion to call the previous question."

Brankers: "I second the motion"

[The Orion Islands]

Washington D.C.
United States Senate
1027
Monday
17 April
2017

(Image)

"Objection! I move to lay the bill on the table." McGareth says.

Senator Wilson: "Objection! I second the motion of the Senator from Alabama."

[Prolieum]

Senate Floor-Chair

"With objections, the motions are not in order at this time. The floor remains open to motion and debate."

[Panira]

House Floor

"Great, you have a list for the fifty million. I don't see any list for the lump sum. I don't even see where this money is coming from. Think that's important to have now?" Appleby asked.

Damn you, Appleby! If this bill fails because of your debauchery... if I don't get my signature legislation... I will ruin you. Pross was internally livid. Why would Appleby try to shut down a bill that would help the American people? Oh yeah... he thought, unintentionally answering his own question. On the outside, he remained composed as he answered what he desperately hoped would be Appleby's last question.

"As I outlined in this bill, the money will come from departments to be determined later. I didn't think it fair to decide for all of the House where the money should come from, so once this bill gets through, we'll determine collectively where it should come from - everyone will get input that way. As for the lump sum list, the NCASA suggestions actually apply to the lump sum as well, since these funds will allow Health and Human Services to be able to implement many of their ideas at a federal level. So we do have a set idea of what they'd do with the money, but even if we didn't, it's not really our job to determine what Health and Human Services does do with it." He took a deep breath. "Are my answers to your satisfaction, Representative?" he asked with a bit too much snark in his tone.

[Prolieum]

House Floor

"Not really," Appleby deadpanned. "You don't think there's a problem if you pass this, and they're supposed to take ten billion dollars, and they don't know where to take it from?"

[Tallahassee News Station]

House Floor

"Great, you have a list for the fifty million. I don't see any list for the lump sum. I don't even see where this money is coming from. Think that's important to have now?" Appleby asked.

Damn you, Appleby! If this bill fails because of your debauchery... if I don't get my signature legislation... I will ruin you. Pross was internally livid. Why would Appleby try to shut down a bill that would help the American people? Oh yeah... he thought, unintentionally answering his own question. On the outside, he remained composed as he answered what he desperately hoped would be Appleby's last question.

"As I outlined in this bill, the money will come from departments to be determined later. I didn't think it fair to decide for all of the House where the money should come from, so once this bill gets through, we'll determine collectively where it should come from - everyone will get input that way. As for the lump sum list, the NCASA suggestions actually apply to the lump sum as well, since these funds will allow Health and Human Services to be able to implement many of their ideas at a federal level. So we do have a set idea of what they'd do with the money, but even if we didn't, it's not really our job to determine what Health and Human Services does do with it." He took a deep breath. "Are my answers to your satisfaction, Representative?" he asked with a bit too much snark in his tone.

"If you're just writing the department a blank check, what safeguards are there to stop them from just spending the money in a partisan way only on the areas that the Republican party cares about? I'm sure you'll get plenty in West Virginia but what's stopping them from cutting Chicago out of the loop?"-Jared

[Panira]

House Floor

"Not really," Appleby deadpanned. "You don't think there's a problem if you pass this, and they're supposed to take ten billion dollars, and they don't know where to take it from?"

Pross was visibly irritated, and on the inside he was spouting off profane thoughts about where Appleby could stick his question, but externally he remained composed, which was surprising considering his relatively short temper, but it was taking all of his willpower to reign his temper in. I can't lose it now. I need this too much. "I've already outlined why I don't believe this to be an issue, Representative. Now, if you have anything new to add, then I'd love to hear it, but for now, allow me to address Representative O'Leary."

"If you're just writing the department a blank check, what safeguards are there to stop them from just spending the money in a partisan way only on the areas that the Republican party cares about? I'm sure you'll get plenty in West Virginia but what's stopping them from cutting Chicago out of the loop?"-Jared

"The Department of Health and Human Services isn't a partisan organization, Representative, and even if they did act in a partisan manner, the certainly nonpartisan NCASA and FODAC would in this case keep them accountable. As for specific safeguards, I'd be open to amending the bill should a suitable one arise, but I don't believe them to be necessary."

[Tallahassee News Station]

House Floor

"Not really," Appleby deadpanned. "You don't think there's a problem if you pass this, and they're supposed to take ten billion dollars, and they don't know where to take it from?"

Pross was visibly irritated, and on the inside he was spouting off profane thoughts about where Appleby could stick his question, but externally he remained composed, which was surprising considering his relatively short temper, but it was taking all of his willpower to reign his temper in. I can't lose it now. I need this too much. "I've already outlined why I don't believe this to be an issue, Representative. Now, if you have anything new to add, then I'd love to hear it, but for now, allow me to address Representative O'Leary."

"If you're just writing the department a blank check, what safeguards are there to stop them from just spending the money in a partisan way only on the areas that the Republican party cares about? I'm sure you'll get plenty in West Virginia but what's stopping them from cutting Chicago out of the loop?"-Jared

"The Department of Health and Human Services isn't a partisan organization, Representative, and even if they did act in a partisan manner, the certainly nonpartisan NCASA and FODAC would in this case keep them accountable. As for specific safeguards, I'd be open to amending the bill should a suitable one arise, but I don't believe them to be necessary."

"Well, when we have a President who's appointing partisan members of Congress to these positions I think it's obvious that HHS can become partisan in what they do. This bill can't pass without an amendment to make sure the money is spent fairly and with enough given to the most victimized minorities."

[Panira]

Pross was visibly irritated, and on the inside he was spouting off profane thoughts about where Appleby could stick his question, but externally he remained composed, which was surprising considering his relatively short temper, but it was taking all of his willpower to reign his temper in. I can't lose it now. I need this too much. "I've already outlined why I don't believe this to be an issue, Representative. Now, if you have anything new to add, then I'd love to hear it, but for now, allow me to address Representative O'Leary."



"The Department of Health and Human Services isn't a partisan organization, Representative, and even if they did act in a partisan manner, the certainly nonpartisan NCASA and FODAC would in this case keep them accountable. As for specific safeguards, I'd be open to amending the bill should a suitable one arise, but I don't believe them to be necessary."

"Well, when we have a President who's appointing partisan members of Congress to these positions I think it's obvious that HHS can become partisan in what they do. This bill can't pass without an amendment to make sure the money is spent fairly and with enough given to the most victimized minorities."

"I'm all for striving for fairness and ensuring accountability in HHS, but how do you propose we do that, Representative?" Pross asked out of genuine curiosity. He had calmed down somewhat now that he was getting asked questions that were actually competent, even if it was by a Democrat.

[Tallahassee News Station]

"Well, when we have a President who's appointing partisan members of Congress to these positions I think it's obvious that HHS can become partisan in what they do. This bill can't pass without an amendment to make sure the money is spent fairly and with enough given to the most victimized minorities."

"I'm all for striving for fairness and ensuring accountability in HHS, but how do you propose we do that, Representative?" Pross asked out of genuine curiosity. He had calmed down somewhat now that he was getting asked questions that were actually competent, even if it was by a Democrat.

"Set up a formula with minimum amounts based on overdose deaths so that the department can't ignore minority communities out of a lack of care. I can even write one for you" Jared smiled helpfully

[Panira]

"I'm all for striving for fairness and ensuring accountability in HHS, but how do you propose we do that, Representative?" Pross asked out of genuine curiosity. He had calmed down somewhat now that he was getting asked questions that were actually competent, even if it was by a Democrat.

"Set up a formula with minimum amounts based on overdose deaths so that the department can't ignore minority communities out of a lack of care. I can even write one for you" Jared smiled helpfully

"I think that could work just fine, Representative, but before I make any official amendment, I'd like to hear some input from our colleagues on the amendment, as well as allow for any other questions to be asked," Pross nodded with a smile. Good luck getting me to admit this, but I'll give O'Leary props. For once, a Democrat has the right idea. He turned then back to the House as a whole and asked, "Any further questions?"