PROVIDING FOR CONSIDERATION OF H.R. 2988, PROTECTING PRUDENT INVESTMENT OF RETIREMENT SAVINGS ACT; PROVIDING FOR CONSIDERATION OF H.R. 2262, FLEXIBILITY FOR WORKERS EDUCATION ACT; PROVIDING FOR...

On 2026-01-13, Representative Val T. Hoyle (D-OR-4) delivered a floor speech titled "PROVIDING FOR CONSIDERATION OF H.R. 2988, PROTECTING PRUDENT INVESTMENT OF RETIREMENT SAVINGS ACT; PROVIDING FOR CONSIDE" in the House. The speech addressed the economy and also covered the environment, labor policy. It referenced legislation including HR2988, HR2262, HR2270, among other bills.

PROVIDING FOR CONSIDERATION OF H.R. 2988, PROTECTING PRUDENT INVESTMENT OF RETIREMENT SAVINGS ACT; PROVIDING FOR CONSIDERATION OF H.R. 2262, FLEXIBILITY FOR WORKERS EDUCATION ACT; PROVIDING FOR...

Congressional Record, Volume 172 Issue 9 (Tuesday, January 13, 2026) [Congressional Record Volume 172, Number 9 (Tuesday, January 13, 2026)] [House] [Pages H670-H676] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] {time} 1210 PROVIDING FOR CONSIDERATION OF H.R. 2988, PROTECTING PRUDENT INVESTMENT OF RETIREMENT SAVINGS ACT; PROVIDING FOR CONSIDERATION OF H.R. 2262, FLEXIBILITY FOR WORKERS EDUCATION ACT; PROVIDING FOR CONSIDERATION OF H.R. 2270, EMPOWERING EMPLOYER CHILD AND ELDER CARE SOLUTIONS ACT; PROVIDING FOR CONSIDERATION OF H.R. 2312, TIPPED EMPLOYEE PROTECTION ACT; AND PROVIDING FOR CONSIDERATION OF H.R. 4366, SAVE LOCAL BUSINESS ACT Mrs. FISCHBACH. Mr. Speaker, by direction of the Committee on Rules, I call up House Resolution 988 and ask for its immediate consideration. The Clerk read the resolution, as follows: H. Res. 988 Resolved, That upon adoption of this resolution it shall be in order to consider in the House the bill (H.R. 2988) to amend the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors, and for other purposes. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the Committee on Education and Workforce now printed in the bill shall be considered as adopted. The bill, as amended, shall be considered as read. All points of order against provisions in the bill, as amended, are waived. The previous question shall be considered as ordered on the bill, as amended, and on any further amendment thereto, to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and Workforce or their respective designees; (2) the further amendment printed in part A of the report of the Committee on Rules accompanying this resolution, if offered by the Member designated in the report, which shall be in order without intervention of any point of order, shall be considered as read, shall be separately debatable for the time specified in the report equally divided and controlled by the proponent and an opponent, and shall not be subject to a demand for division of the question; and (3) one motion to recommit. Sec. 2. Upon adoption of this resolution it shall be in order to consider in the House the bill (H.R. 2262) to amend the Fair Labor Standards Act of 1938 to exclude certain activities from hours worked, and for other [[Page H671]] purposes. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the Committee on Education and Workforce now printed in the bill, modified by the amendment printed in part B of the report of the Committee on Rules accompanying this resolution, shall be considered as adopted. The bill, as amended, shall be considered as read. All points of order against provisions in the bill, as amended, are waived. The previous question shall be considered as ordered on the bill, as amended, and on any further amendment thereto, to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and Workforce or their respective designees; and (2) one motion to recommit. Sec. 3. Upon adoption of this resolution it shall be in order to consider in the House any bill specified in section 4 of this resolution. All points of order against consideration of each such bill are waived. The respective amendments in the nature of a substitute recommended by the Committee on Education and Workforce now printed in each such bill shall be considered as adopted. Each such bill, as amended, shall be considered as read. All points of order against provisions in each such bill, as amended, are waived. The previous question shall be considered as ordered on each such bill, as amended, and on any further amendment thereto, to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Education and Workforce or their respective designees; and (2) one motion to recommit. Sec. 4. The bills referred to in section 3 of this resolution are as follows: (a) The bill (H.R. 2270) to amend the Fair Labor Standards Act of 1938 to exclude child and dependent care services and payments from the rate used to compute overtime compensation. (b) The bill (H.R. 2312) to amend the Fair Labor Standards Act of 1938 to revise the definition of the term ``tipped employee'', and for other purposes. (c) The bill (H.R. 4366) to clarify the treatment of 2 or more employers as joint employers under the National Labor Relations Act and the Fair Labor Standards Act of 1938. The SPEAKER pro tempore. The gentlewoman from Minnesota is recognized for 1 hour. Mrs. FISCHBACH. Mr. Speaker, for the purpose of debate only, I yield the customary 30 minutes to the gentlewoman from New Mexico (Ms. Leger Fernandez), pending which I yield myself such time as I may consume. During consideration of this resolution, all time yielded is for the purpose of debate only. General Leave Mrs. FISCHBACH. Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days to revise and extend their remarks. The SPEAKER pro tempore. Is there objection to the request of the gentlewoman from Minnesota? There was no objection. Mrs. FISCHBACH. Mr. Speaker, we are here today to debate the rule providing for consideration of H.R. 2262, the Flexibility for Workers Education Act; H.R. 2270, the Empowering Employer Child and Elder Care Solutions Act; H.R. 2312, the Tipped Employee Protection Act; H.R. 4366, the Save Local Business Act, under a closed rule; and H.R. 2988, the Protecting Prudent Investment of Retirement Savings Act, under a structured rule. One hour of debate each for H.R. 2262, H.R. 2270, H.R. 2312, H.R. 2988, and H.R. 4366 shall be equally divided and controlled by the chair and ranking member of the Committee on Education and Workforce, or their designees. The rule provides for a motion to recommit for all five bills. Mr. Speaker, the bills before us today are about one thing: getting the Federal Government out of the way of the American worker. For too long, outdated definitions and woke regulatory overreach have stifled opportunities and created a paperwork trap for the job creators on our Main Streets. Today, we take a stand for common sense and economic growth. We begin with H.R. 2262, the Flexibility for Workers Education Act. Under current law, many nonexempt workers, the very people who could benefit most from upskilling, are often excluded from voluntary training because the Fair Labor Standards Act treats those sessions as hours worked. This creates massive inconvenience for employers, who ultimately choose not to offer the training at all. This bill levels the playing field, allowing workers to pursue voluntary professional development outside of regular hours without triggering burdensome overtime costs for their employers. In the same spirit of support, H.R. 2270, the Empowering Employer Child and Elder Care Solutions Act, addresses the childcare crunch facing so many families. By excluding childcare and eldercare benefits from the regular rate calculation for overtime, we remove a major financial barrier for some small business owners who want to help their employees balance work and family life. This is a pro-family, pro- worker solution that requires no new Federal spending. We must also protect the flexibility that makes the service industry so vital. H.R. 2312, the Tipped Employee Protection Act, clears the regulatory fog that has long surrounded tipped workers. The Biden administration attempted to micromanage every minute of a server's day through the unworkable 80/20 rule, a standard that is virtually impossible to monitor or enforce. This bill provides a clear and simple definition for tipped employees, an employee who receives tips plus other cash wages that meet or exceed the Federal minimum wage for a work period. This provides stability for restaurant owners and protects the hiring potential of our servers and bartenders. Similarly, H.R. 4366, the Save Local Business Act, restores the joint employer standard that served our economy for decades. The Obama and Biden administrations weaponized the National Labor Relations Board to target the franchise model, creating a scheme that cost the franchising sector an estimated $33 billion annually. By codifying that an employer must exercise direct, actual, and immediate control over workers, we restore the certainty that small business owners, contractors, and franchisees need to grow and hire more. Finally, we must protect the hard-earned savings of the American people. {time} 1220 H.R. 2988, the Protecting Prudent Investment of Retirement Savings Act, ensures that Employee Retirement Income Security Act, or ERISA, fiduciaries are focused on one thing, the financial bottom line. We cannot allow woke fiduciaries to gamble with a worker's pension to satisfy a political agenda. This bill reinforces the duties of loyalty and ensures that investment decisions are based solely on maximizing returns for the benefit of the retiree and not a social experiment. Mr. Speaker, the American people are tired of the regulatory noise coming out of Washington. They want a government that works for them, not against them. These five bills deliver on our promise to cut red tape, empower families, and protect the American Dream. Mr. Speaker, I urge my colleagues to support this rule and the underlying legislation, and I reserve the balance of my time. Ms. LEGER FERNANDEZ. Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, America is suffering. Americans don't recognize the country we live 

Referenced legislation: HR20, HRES988, HR2262, HR2270, HR2312, HR2988, HR4366