Additional Cosponsors (Cong. Rec., Oct. 20, 2021)
Summary
Congressional Record, Senate, October 20, 2021 (beginning at page S7125). The page continues a listing of introduced bills with their sponsors, including a bill by Warnock and Ossoff to designate a Postal Service facility in Atlanta as a John R. Lewis post office, a bill by Tester making appropriations for the Department of Defense, and a bill by Gillibrand and Schumer to designate a Postal Service facility in Brooklyn, New York, as the Joseph R. Lentol Post Office. Under Submission of Concurrent and Senate Resolutions, one resolution commemorates the 80th anniversary of the dedication of Sheppard Air Force Base. The Additional Cosponsors section begins at the end of the page.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Additional Cosponsors (Cong. Rec., Oct. 20, 2021).”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2021-10-20-crec-2021-10-20-pt1-pgs7125-2-42ddc36c6c/
, SHA-256 a4a24b818e21ff496894b4b06c7412f90d4dee8cf9466c7a26ebb6a6021c2588.Full text
October 20, 2021 CONGRESSIONAL RECORD — SENATE S7125
and second times by unanimous con- S. 3022. A bill to subject certain private By Mr. HAWLEY:
sent, and referred as indicated: funds to joint and several liability with re- S. 3032. A bill to require certain manufac-
spect to the liabilities of firms acquired and tured goods introduced for sale in the United
By Ms. ERNST (for herself, Mr. KELLY,
controlled by those funds, and for other pur- States to have a domestic value content of
Mr. CRAMER, Mr. BLUMENTHAL, Mr.
poses; to the Committee on Finance. more than 50 percent, and for other purposes;
CRAPO, Mr. VAN HOLLEN, Mr. TILLIS,
By Mr. TESTER: to the Committee on Finance.
Mr. BENNET, Mr. HOEVEN, Mrs. GILLI- S. 3023. A bill making appropriations for By Mr. WARNOCK (for himself and Mr.
BRAND, Ms. COLLINS, Ms. KLOBUCHAR,
the Department of Defense for the fiscal year OSSOFF):
Mr. SCOTT of Florida, Ms. HIRONO, ending September 30, 2022, and for other pur- S. 3033. A bill to designate the facility of
Mr. DAINES, Mrs. SHAHEEN, Mr. poses; to the Committee on Appropriations. the United States Postal Service located at
RISCH, Mr. MENENDEZ, Mr. BLUNT, By Mr. SCHATZ (for himself, Mr. 3900 Crown Road Southwest in Atlanta, Geor-
Mr. KING, Mr. CORNYN, Mr. PADILLA, WYDEN, Mr. BLUMENTHAL, Mr. gia, as the ‘‘John R. Lewis Post Office Build-
Mr. MARSHALL, Mr. OSSOFF, Mr. SUL- MERKLEY, Mr. BOOKER, Ms. SMITH, ing’’; to the Committee on Homeland Secu-
LIVAN, Mr. TUBERVILLE, Mr. GRASS-
Mr. KAINE, and Ms. KLOBUCHAR): rity and Governmental Affairs.
LEY, Mr. RUBIO, Ms. MURKOWSKI, Mr. S. 3024. A bill to amend the State Justice By Mr. MERKLEY:
WYDEN, Mr. HICKENLOOPER, Ms. Institute Act of 1984 to provide technical as- S. 3034. A bill making appropriations for
ROSEN, Mr. WARNER, and Mrs. HYDE- sistance and training to State and local the Department of the Interior, environ-
SMITH): courts to improve the constitutional and eq- ment, and related agencies for the fiscal year
S. 3013. A bill to require the evaluation and uitable enforcement of fines and fees, and for ending September 30, 2022, and for other pur-
standardization of suicide prevention efforts other purposes; to the Committee on the Ju- poses; to the Committee on Appropriations.
by the Department of Defense, and for other diciary.
purposes; to the Committee on Armed Serv- By Mr. TESTER (for himself and Ms. f
ices. MURKOWSKI):
By Ms. CORTEZ MASTO (for herself, SUBMISSION OF CONCURRENT AND
S. 3025. A bill to amend title 38, United SENATE RESOLUTIONS
Mr. WICKER, Mr. SCHUMER, Mr. States Code, to expand health care and bene-
THUNE, and Mr. LUJÁN): fits from the Department of Veterans Affairs The following concurrent resolutions
S. 3014. A bill to establish the Next Genera- for military sexual trauma, and for other and Senate resolutions were read, and
tion Telecommunications Council, and for purposes; to the Committee on Veterans’ Af- referred (or acted upon), as indicated:
other purposes; to the Committee on Com- fairs.
merce, Science, and Transportation. By Mr. CORNYN (for himself and Mr.
By Mr. COTTON (for himself, Mr. CRUZ):
By Ms. CORTEZ MASTO (for herself MCCONNELL, Mrs. BLACKBURN, Mr.
and Mr. DAINES): S. Res. 424. A resolution commemorating
MARSHALL, Mr. BOOZMAN, Mr. DAINES, the 80th anniversary of the dedication of
S. 3015. A bill to require the Director of the Mr. SCOTT of Florida, Mr. CRAMER,
Office of Science and Technology Policy to Sheppard Air Force Base and the 40th anni-
Ms. LUMMIS, Mr. RUBIO, and Mr.
submit to Congress each year a national versary of the creation of the Euro-NATO
BRAUN):
science and technology strategy, to require Joint Jet Pilot Training Program; to the
S. 3026. A bill to amend the Higher Edu-
the Director to complete quadrennial science Committee on Armed Services.
cation Act of 1965 to ensure that public insti-
and technology reviews, and for other pur- By Mrs. BLACKBURN (for herself, Mr.
tutions of higher education eschew policies
poses; to the Committee on Commerce, COTTON, Mr. TILLIS, Mr. LANKFORD,
that improperly constrain the expressive
Science, and Transportation. Mr. BRAUN, Mr. GRASSLEY, Ms.
rights of students, and to ensure that private
By Ms. HASSAN (for herself, Ms. ERNST, Mr. RUBIO, Mr. HAWLEY, Mr.
institutions of higher education are trans-
ERNST, and Mr. COONS): SCOTT of South Carolina, and Mr.
parent about, and responsible for, their cho-
S. 3016. A bill to address out-of-pocket in- CRUZ):
sen speech policies; to the Committee on
equities related to military service uniforms, S. Res. 425. A resolution recognizing the
Health, Education, Labor, and Pensions.
and for other purposes; to the Committee on importance of protecting freedom of speech,
By Mrs. GILLIBRAND (for herself and
Armed Services. thought, and expression at institutions of
Mr. SCHUMER):
By Mr. SANDERS (for himself, Mr. S. 3027. A bill to designate the facility of higher education; to the Committee on
BLUMENTHAL, Mr. MENENDEZ, Mrs. the United States Postal Service located at Health, Education, Labor, and Pensions.
GILLIBRAND, Mr. BOOKER, and Ms. 66 Meserole Avenue in Brooklyn, New York, f
HIRONO): as the ‘‘Joseph R. Lentol Post Office’’; to the
S. 3017. A bill to expand the provision and Committee on Homeland Security and Gov- ADDITIONAL COSPONSORS
availability of dental care furnished by the ernmental Affairs. S. 172
Department of Veterans Affairs, and for By Mr. MARKEY (for himself and Ms.
other purposes; to the Committee on Vet- At the request of Mr. CORNYN, the
MURKOWSKI):
erans’ Affairs. S. 3028. A bill to authorize the Attorney names of the Senator from Arizona
By Mr. MARSHALL (for himself, Ms. General to make grants to, and enter into (Ms. SINEMA), the Senator from Wis-
SINEMA, Mr. THUNE, and Mr. BROWN): cooperative agreements with, States and consin (Ms. BALDWIN), the Senator
S. 3018. A bill to amend title XVIII of the units of local government to develop, imple- from North Dakota (Mr. CRAMER), the
Social Security Act to establish require- ment, or expand 1 or more programs to pro- Senator from Massachusetts (Ms. WAR-
ments with respect to the use of prior au- vide medication-assisted treatment to indi- REN) and the Senator from Arkansas
thorization under Medicare Advantage plans, viduals who have opioid use disorder and are
and for other purposes; to the Committee on
(Mr. BOOZMAN) were added as cospon-
incarcerated within the jurisdictions of the
Finance. States or units of local government; to the
sors of S. 172, a bill to authorize the
By Mr. RUBIO (for himself and Mr. Committee on the Judiciary. National Medal of Honor Museum
SCOTT of Florida): By Mr. LUJÁN: Foundation to establish a commemora-
S. 3019. A bill to require the United States S. 3029. A bill to amend section 230(c) of the tive work in the District of Columbia
Postal Service to designate a single, unique Communications Act of 1934 to remove im- and its environs, and for other pur-
ZIP code for particular communities; to the munity for providers of interactive computer poses.
Committee on Homeland Security and Gov- services for certain claims, and for other
S. 868
ernmental Affairs. purposes; to the Committee on Commerce,
By Mr. SANDERS: Science, and Transportation. At the request of Mrs. GILLIBRAND,
S. 3020. A bill to require the Secretary of By Mr. SCHATZ (for himself, Mrs. the name of the Senator from New
Veterans Affairs to modify the eligibility of FEINSTEIN, and Mr. MENENDEZ): York (Mr. SCHUMER) was added as a co-
veterans for treatment as a low-income fam- S. 3030. A bill to require the Secretary of sponsor of S. 868, a bill to amend title
ily for purposes of enrollment in the patient Labor to issue a notice to the public regard- II of the Social Security Act to elimi-
enrollment system of the Department of Vet- ing each enforcement action under the Occu- nate the five-month waiting period for
erans Affairs and to guarantee health care pational Safety and Health Act of 1970 that
benefits for veterans enrolled in such sys- results in large penalties or where multiple
disability insurance benefits under
tem, and for other purposes; to the Com- violations or repeated other-than-serious such title and waive the 24-month wait-
mittee on Veterans’ Affairs. violations are present; to the Committee on ing period for Medicare eligibility for
sspencer on DSK126QN23PROD with SENATE
By Ms. SINEMA (for herself and Mr. Health, Education, Labor, and Pensions. individuals with Huntington’s disease.
BLUNT): By Mr. RUBIO (for himself, Mr. KELLY, S. 1042
S. 3021. A bill to provide non-medical coun- Mr. SCOTT of Florida, and Mr. BURR):
S. 3031. A bill to amend the Federal Water
At the request of Mr. WARNOCK, the
seling services for military families; to the
Committee on Armed Services. Pollution Control Act to modify certain al- name of the Senator from New York
By Ms. WARREN (for herself, Ms. lotments under that Act, and for other pur- (Mrs. GILLIBRAND) was added as a co-
BALDWIN, Mr. BROWN, Mr. SANDERS, poses; to the Committee on Environment and sponsor of S. 1042, a bill to prevent ma-
and Mr. MERKLEY): Public Works. ternal mortality and serve maternal
VerDate Sep 11 2014 05:17 Oct 21, 2021 Jkt 029060 PO 00000 Frm 00033 Fmt 0624 Sfmt 0634 E:\CR\FM\A20OC6.015 S20OCPT1
S7126 CONGRESSIONAL RECORD — SENATE October 20, 2021
morbidity among Black pregnant and KING) was added as a cosponsor of S. (Mrs. HYDE-SMITH) was added as a co-
postpartum individuals and other un- 2215, a bill to amend the Internal Rev- sponsor of S. 2750, a bill to amend the
derserved populations, to provide train- enue Code of 1986 to provide for an ex- Food, Conservation, and Energy Act of
ing in respectful maternity care, to re- clusion for assistance provided to par- 2008 to establish a precision agriculture
duce and prevent bias, racism, and dis- ticipants in certain veterinary student loan program, and for other purposes.
crimination in maternity care settings, loan repayment or forgiveness pro- S. 2762
and for other purposes. grams. At the request of Mr. PADILLA, the
S. 1115 S. 2266 names of the Senator from California
At the request of Mr. MERKLEY, the At the request of Mr. CARDIN, the (Mrs. FEINSTEIN), the Senator from
name of the Senator from Connecticut names of the Senator from Ohio (Mr. Ohio (Mr. BROWN) and the Senator from
(Mr. BLUMENTHAL) was added as a co- BROWN), the Senator from Rhode Island Pennsylvania (Mr. CASEY) were added
sponsor of S. 1115, a bill to prohibit (Mr. WHITEHOUSE) and the Senator as cosponsors of S. 2762, a bill to amend
drilling in the outer Continental Shelf, from New York (Mrs. GILLIBRAND) were title III of the Public Health Service
to prohibit coal leases on Federal land, added as cosponsors of S. 2266, a bill to Act to direct the Secretary of Health
and for other purposes. amend the Internal Revenue Code of and Human Services, acting through
S. 1151
1986 to improve the historic rehabilita- the Administrator of the Health Re-
At the request of Mr. BLUMENTHAL, tion tax credit, and for other purposes. sources and Services Administration,
the name of the Senator from Ohio to award grants to eligible entities to
S. 2400
(Mr. BROWN) was added as a cosponsor carry out construction or moderniza-
of S. 1151, a bill to amend title 38, At the request of Ms. WARREN, the
name of the Senator from Connecticut tion projects designed to strengthen
United States Code, to provide for a and increase capacity within the spe-
presumption of service connected dis- (Mr. BLUMENTHAL) was added as a co-
sponsor of S. 2400, a bill to establish a cialized pediatric health care infra-
ability for certain veterans who served
process for the Board on Geographic structure, and for other purposes.
in Palomares, Spain, and for other pur-
poses. Names to review and revise offensive S. 2806
S. 1383
names of Federal land units, to create At the request of Mrs. FEINSTEIN, the
At the request of Mr. CORNYN, the an advisory committee to recommend name of the Senator from Montana
name of the Senator from Michigan Federal land unit names to be reviewed (Mr. DAINES) was added as a cosponsor
(Mr. PETERS) was added as a cosponsor by the Board, and for other purposes. of S. 2806, a bill to direct the Secretary
of S. 1383, a bill to amend the Public S. 2434 of Agriculture to select and implement
Health Service Act to direct the Sec- At the request of Ms. CANTWELL, the landscape-scale forest restoration
retary of Health and Human Services name of the Senator from Connecticut projects, to assist communities in in-
to develop best practices for the estab- (Mr. BLUMENTHAL) was added as a co- creasing their resilience to wildfire,
lishment and use of behavioral inter- sponsor of S. 2434, a bill to provide tax and for other purposes.
vention teams at schools, and for other incentives that support local news- S. 2854
purposes. papers and other local media, and for At the request of Mr. KENNEDY, the
S. 1544 other purposes. name of the Senator from North Da-
At the request of Mr. GRASSLEY, the S. 2675 kota (Mr. HOEVEN) was added as a co-
name of the Senator from Maine (Ms. At the request of Mr. CARDIN, the sponsor of S. 2854, a bill to allow for
COLLINS) was added as a cosponsor of S. name of the Senator from Hawaii (Ms. the transfer and redemption of aban-
1544, a bill to amend title XIX of the HIRONO) was added as a cosponsor of S. doned savings bonds.
Social Security Act to streamline en- 2675, a bill to amend the American Res- S. 2875
rollment under the Medicaid program cue Plan Act of 2021 to increase appro- At the request of Mr. PETERS, the
of certain providers across State lines, priations to Restaurant Revitalization names of the Senator from Arizona
and for other purposes. Fund, and for other purposes. (Ms. SINEMA) and the Senator from
S. 1850 S. 2700 North Carolina (Mr. TILLIS) were added
At the request of Mr. WARNOCK, the At the request of Ms. ROSEN, the as cosponsors of S. 2875, a bill to amend
name of the Senator from Louisiana name of the Senator from Arizona (Mr. the Homeland Security Act of 2002 to
(Mr. KENNEDY) was added as a cospon- KELLY) was added as a cosponsor of S. establish the Cyber Incident Review Of-
sor of S. 1850, a bill to preserve the me- 2700, a bill to require the Secretary of fice in the Cybersecurity and Infra-
morials to chaplains at Arlington Na- Health and Human Services to improve structure Security Agency of the De-
tional Cemetery, and for other pur- the detection, prevention, and treat- partment of Homeland Security, and
poses. ment of mental health issues among for other purposes.
S. 1986 public safety officers, and for other S. 2900
At the request of Mrs. CAPITO, the purposes. At the request of Mr. SCHATZ, the
name of the Senator from Maine (Ms. S. 2702 names of the Senator from Rhode Is-
COLLINS) was added as a cosponsor of S.
At the request of Mr. LUJÁN, the land (Mr. REED) and the Senator from
1986, a bill to amend title XVIII of the
names of the Senator from Vermont Minnesota (Ms. KLOBUCHAR) were added
Social Security Act and the Bipartisan
(Mr. LEAHY), the Senator from Massa- as cosponsors of S. 2900, a bill to sus-
Budget Act of 2018 to expand and expe-
chusetts (Mr. MARKEY) and the Senator pend the enforcement of certain civil
dite access to cardiac rehabilitation
from Georgia (Mr. OSSOFF) were added liabilities of Federal employees and
programs and pulmonary rehabilita-
as cosponsors of S. 2702, a bill to pro- contractors during a lapse in appro-
tion programs under the Medicare pro-
tect the voting rights of Native Amer- priations, and for other purposes.
gram, and for other purposes.
S. 2102
ican and Alaska Native voters. S. 2902
At the request of Mr. BOOZMAN, the S. 2716 At the request of Mr. PETERS, the
name of the Senator from Arizona (Mr. At the request of Mr. THUNE, the name of the Senator from Delaware
KELLY) was added as a cosponsor of S. names of the Senator from North Da- (Mr. CARPER) was added as a cosponsor
2102, a bill to amend title 38, United kota (Mr. HOEVEN) and the Senator of S. 2902, a bill to modernize Federal
States Code, to direct the Under Sec- from New Mexico (Mr. LUJÁN) were information security management, and
retary for Health of the Department of added as cosponsors of S. 2716, a bill to for other purposes.
sspencer on DSK126QN23PROD with SENATE
Veterans Affairs to provide mammog- amend the Agricultural Marketing Act S. 2918
raphy screening for veterans who of 1946 to establish country of origin la- At the request of Mr. MARKEY, the
served in locations associated with beling requirements for beef, and for name of the Senator from Hawaii (Ms.
toxic exposure. other purposes. HIRONO) was added as a cosponsor of S.
S. 2215 S. 2750 2918, a bill to keep children safe and
At the request of Ms. STABENOW, the At the request of Mrs. FISCHER, the protect their interests on the internet,
name of the Senator from Maine (Mr. name of the Senator from Mississippi and for other purposes.
VerDate Sep 11 2014 05:17 Oct 21, 2021 Jkt 029060 PO 00000 Frm 00034 Fmt 0624 Sfmt 0634 E:\CR\FM\A20OC6.017 S20OCPT1
October 20, 2021 CONGRESSIONAL RECORD — SENATE S7127
S. 2934 private equity companies that invest in ated in Janesville, WI, for over 120
At the request of Mr. TOOMEY, the the businesses they have purchased and years. In 2017, the manufacturer was
name of the Senator from Maine (Ms. the communities and the workers. acquired by a private equity firm
COLLINS) was added as a cosponsor of S. But, unfortunately, this is something called OpenGate Capital.
2934, a bill to amend the Trade Expan- that I have firsthand knowledge of, the
sion Act of 1962 to impose limitations impact of predatory private equity Wisconsinites are sadly already fa-
on the authority of the President to businesses on workers and commu- miliar with OpenGate. This is an L.A.-
adjust imports that are determined to nities in my home State of Wisconsin. based private equity fund that bank-
threaten to impair national security, Several historic Wisconsin companies rupted another Wisconsin firm, Golden
and for other purposes. have been driven into bankruptcy or Guernsey Dairy, back in 2013, only 2
S. 2937 had their facilities moved overseas by years after acquiring it, laying off hun-
At the request of Mr. CARDIN, the the private equity funds and companies
dreds of workers in Waukesha, WI.
name of the Senator from New Hamp- that acquired them.
shire (Mrs. SHAHEEN) was added as a co- The first company that I want to Dairy workers showed up one day to
sponsor of S. 2937, a bill to authorize talk about is ShopKo. For those who find the doors locked. They were given
humanitarian assistance and civil soci- weren’t in the ShopKo footprint in the no notice of their layoff, and they had
ety support, promote democracy and United States, ShopKo is a retailer to fight OpenGate for 8 years just to
human rights, and impose targeted that was founded in 1961 in get their back pay.
sanctions with respect to human rights Ashwaubenon, WI. ShopKo was bought
by a private equity firm, after many This past summer, OpenGate notified
abuses in Burma, and for other pur-
profitable years of existence, back in the 166 workers at Hufcor that their
poses.
2005. The firm was Sun Capital Part- jobs would be terminated, and the
S. 2945
ners. workers soon learned that the manu-
At the request of Ms. ERNST, the Sun Capital immediately executed
name of the Senator from Louisiana facturing operations would be moved to
what is known as a sale-leaseback. A Monterrey, Mexico.
(Mr. KENNEDY) was added as a cospon- sale-leaseback is a textbook private eq-
sor of S. 2945, a bill to include sexual uity maneuver in which the fund sells When I visited with the workers this
assault and aggravated sexual violence the company’s real estate right out summer, I learned this from Michelle,
in the definition of aggravated felonies from under it. Real estate and the fa- who had worked for Hufcor for 23 years.
under the Immigration and Nationality cilities were the most major asset that She told me she is anxious about what
Act in order to expedite the removal of ShopKo had. training she might need to get another
aliens convicted of such crimes. Certainly, they also had inventory
S. 3011
job that will pay what she earned at
and workers, but they owned the real
At the request of Mr. CORNYN, the Hufcor.
estate, and this private equity firm ba-
name of the Senator from Alaska (Mr. sically sold ShopKo’s 351 locations with Then I also heard from Jesse. He was
SULLIVAN) was added as a cosponsor of hundreds of millions of dollars, and diagnosed with cancer 2 years ago, and
S. 3011, a bill to amend title VI of the they were sold to a company that he depends upon the health benefit pro-
Social Security Act to allow States would lease the land and buildings vided by Hufcor for his treatment.
and local governments to use back to ShopKo.
coronavirus relief funds provided under Sun Capital promised to reinvest the These workers had great benefits be-
the American Rescue Plan Act for in- proceeds of the sale back into the com- cause of their representation by the
frastructure projects, improve the pany, but instead it paid out cash to Communications Workers of America
Local Assistance and Tribal Consist- itself in the form of dividends and man- union and because of their employment
ency Fund, provide Tribal governments agement fees. Not only was ShopKo at Hufcor, but they were left with an
with more time to use Coronavirus Re- prevented from using its cash to rein- uncertain future because OpenGate has
lief Fund payments, and for other pur- vest, it was also loaded up with $200 decided to move their jobs to Mexico.
poses. million more in additional debt to fund
even more payouts to Sun Capital ex- These stories illustrate the devasta-
S.J. RES. 10
At the request of Mr. KAINE, the ecutives. tion that the predatory private equity
name of the Senator from Hawaii (Ms. After years of being starved of in- business model has wrought on my
HIRONO) was added as a cosponsor of vestment, ShopKo was forced into State. These workers deserve better.
S.J. Res. 10, a joint resolution to repeal bankruptcy and liquidation in 2019. The We need to rip up private equity’s pred-
the authorizations for use of military 3,000 Wisconsin workers were promised atory playbook that enriches looters,
force against Iraq, and for other pur- severance pay in exchange for working but leaves workers with nothing but
poses. through the company’s final days. pink slips.
I mean, if you think about that, you
f I was proud to work with Senator
have a retail store. You don’t want ev-
STATEMENTS ON INTRODUCED erybody to—the day they find out that WARREN to introduce the aptly named
BILLS AND JOINT RESOLUTIONS store is ultimately going to close—to Stop Wall Street Looting Act. This leg-
By Ms. WARREN (for herself, Ms. go out and find other jobs or you don’t islation will prevent private equity
BALDWIN, Mr BROWN, Mr. SAND- have the way to wind down your busi- firms from enriching themselves by
ERS, and Mr. MERKLEY): ness. So they were promised severance starving businesses of investment and
S. 3022. A bill to subject certain pri- pay in exchange for working through running them into bankruptcy or ship-
vate funds to joint and several liability the company’s final days. But when the
ping their jobs overseas. This bold re-
with respect to the liabilities of firms time came to pay the workers, Sun
Capital said it didn’t have any money. form will help rewrite the rules of our
acquired and controlled by those funds,
When I met with these ShopKo work- economy and protect workers from the
and for other purposes; to the Com-
ers, I remember meeting Kristi Van predatory practices so that we can
mittee on Finance.
Ms. BALDWIN. Mr. President, I rise Beckum. She said to me: start to reward hard work, not just
to speak in support of legislation that I always felt proud to work at ShopKo be- wealth.
I have recently joined Senator WARREN cause it was a Wisconsin-based company and
it invested a lot in the community. But I saw Thank you for the opportunity to
in introducing. It is called the Stop
sspencer on DSK126QN23PROD with SENATE
how Sun Capital sold out ShopKo’s prop- share the stories from my State, and I
Wall Street Looting Act, and it con- erties and [literally] destroyed the company, look forward to working to pass this
cerns some of the practices and the all for their own benefit. They made millions important legislation.
business model of what I would de- while I didn’t even get the severance I was
scribe as predatory private equity promised. Sun Capital ran a company we
firms. loved into the ground.
Now, before I dive into the details, I More recently, I visited with workers
want to say that there are very good at Hufcor, a company that has oper-
VerDate Sep 11 2014 05:17 Oct 21, 2021 Jkt 029060 PO 00000 Frm 00035 Fmt 0624 Sfmt 0634 E:\CR\FM\A20OC6.019 S20OCPT1
File and source
- File
- CREC_crec-2021-10-20_crec-2021-10-20-pt1-pgs7125-2.pdf
- Size
- 245,653 bytes
- SHA-256
- a4a24b818e21ff496894b4b06c7412f90d4dee8cf9466c7a26ebb6a6021c2588
- Original
- www.govinfo.gov