U.S. Representative Ed Royce

39th District of California
 
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  • Chairman Royce and Morgan Freeman Unveil Shark Finning Elimination Bill
    Posted in Press Releases on June 23, 2016 | Preview rr
    Tags: Crime and Victims' Rights

    Today, U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, unveiled the Shark Fin Trade Elimination Act which would make the possession, sale, and purchase of shark fins in the United States illegal acts. “Shark finning, which leaves these animals to die a slow and painful death at the bottom of the ocean, is a cruel practice that needs to be stopped. When the United States leads, others follow. We should set an example by eliminating the shark fin trade rat... Read more

  • Royce Questions Chair Yellen on Stock Volatility and Monetary Policy
    Posted in Press Releases on June 22, 2016 | Preview rr
    Tags: Financial Services, Economy and Jobs

    U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, questioned Chair of the Federal Reserve Board of Governors Janet Yellen at the House Financial Services Committee hearing "Monetary Policy and the State of the Economy” today. “I am worried that the Federal Reserve has created a third pillar of monetary policy – that of a stable and rising stock market. I say that because then-Chairman Bernanke when he appeared here stated repeatedly that the goal of QE was... Read more

  • Rep. Royce Facilitates Local Control of Ontario Airport
    Posted in Press Releases on June 21, 2016 | Preview rr
    Tags: Transportation

    The U.S. House of Representatives unanimously passed legislation cosponsored by U.S. Representative Ed Royce (R-Fullerton) to allow Ontario International Airport (ONT) to be returned to local jurisdictional control: “Ontario International Airport is a major economic engine for our region in both trade and tourism, and giving local authorities control of the airport better allows them to meet the growing demand in San Bernardino County,” said Rep. Royce. When both ONT and Los Angeles Internationa... Read more

  • Rep. Royce: Fannie Mae Has Fallen Asleep at the Wheel
    Posted in Press Releases on June 16, 2016 | Preview rr
    Tags: Government Waste/Pork

    U.S. Representative Ed Royce (R-Calif.), a senior member of the House Financial Services Committee, released the following statement after the Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) issued a report on the increased budget for Fannie Mae's office relocation: "It's paradoxical that an organization overseeing a huge chunk of the mortgage market can't get a simple construction project right. Fannie falling asleep at the wheel in this manner is a perfect representatio... Read more

  • Royce Effort to Establish Level Playing Field for Stock Exchanges Advances
    Posted in Press Releases on June 16, 2016 | Preview rr
    Tags: Financial Services

    Legislation authored by U.S. Representative Ed Royce (R-Calif.), the National Securities Exchange Regulatory Parity Act (H.R. 5421), was advanced by the House Financial Services Committee today on a 47-12 vote. The bill amends the Securities Act to clarify the "blue sky" exemption from state registration for exchanges other than the NYSE and NASDAQ. “Government is often pretty slow to change with the times, but the market is not. Static regulation often does not keep pace with innovation. A lot ... Read more

  • Royce Transparency Amendment Adopted in Insurance Standards Bill
    Posted in Press Releases on June 16, 2016 | Preview rr
    Tags: Financial Services

    An amendment authored by U.S. Representative Ed Royce (R-Calif.) was adopted and advanced by the House Financial Services Committee as part of H.R. 5143, the Transparent Insurance Standards Act of 2016. The amendment was adopted by voice vote, and the underlying bill passed 34-25. The amendment directs the U.S. Government Accountability Office (GAO) to study the involvement of non-governmental designees of state insurance commissioners in international insurance regulation negotiations. "As I sa... Read more

  • Royce-Supported Investment for Water Supply Expansion in Chino Delivered
    Posted in Press Releases on June 13, 2016 | Preview rr
    Tags: Economy and Jobs

    Deputy Secretary of the Interior Michael L. Connor has announced $7.2 million in funding through the Bureau of Reclamation’s Title XVI program for the Lower Chino Dairy Area Desalination project to expand its desalination capabilities. U.S. Representative Ed Royce (R-Fullerton) contacted the Department of Interior earlier this year in support of the project's bid. “I’m pleased that the Bureau of Reclamation has chosen to invest in the Lower Chino Dairy Area Desalination and Reclamation Project. ... Read more

  • Rep. Royce Named Congressional App Challenge Co-Chair
    Posted in Press Releases on June 6, 2016 | Preview rr
    Tags: Education

    Today, the Congressional Internet Caucus and the Internet Education Foundation announced the new Congressional Co-Chairs for the 2016 Congressional App Challenge (CAC), U.S. Representatives Ed Royce (R-Calif.) and Seth Moulton (D-Mass.): “As Chairman of the House Foreign Affairs Committee and a representative from the world’s innovation capital, I know how important a STEM proficient workforce is to the United States remaining an economic powerhouse. I encourage all of my colleagues to participa... Read more

  • Rep. Royce Announces 2016 Service Academy Appointees
    Posted in Press Releases on June 3, 2016 | Preview rr
    Tags: Education

    U.S. Representative Ed Royce (R-Fullerton) announced his 2016 United States service academy appointments from California's 39th Congressional District this week after hosting the students at a Congressional reception in his Brea office. "It was an honor to nominate these students for acceptance to a U.S. service academy. These young people are stellar students, community leaders, and patriots," said Rep. Royce. "I'm excited to see their future accomplishments, and am confident that they will hav... Read more

  • Royce Statement on Administration's E.U. Covered Agreement Progress
    Posted in Press Releases on May 27, 2016 | Preview rr
    Tags: Financial Services

    U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, released the following statement regarding the recent negotiations between the United States and the European Union on an insurance and reinsurance covered agreement: “I'm pleased to see negotiations progressing as it’s paramount the covered agreement process be allowed to play out and we promptly move forward to put aside the uncertainty, which is bad for business and consumers. The uneven application of i... Read more