Planning for retirement can be confusing. Unless you really do your homework, it’s hard to know what investments to choose, how much money to put into savings, and how much you should put towards your 401(k) or pension plan each month.
This is why we have financial advisors. Families and small businesses rely on their local advisors for investment and retirement advice.
Now, the Obama administration is pushing a regulation that will make it more expensive and difficult for our families and businesses to get the advice they need.
You may have heard this regulation referred to as the “fiduciary rule.”
Under current law, some of the services offered by our local financial institutions, like general investment and retirement education, are held to what’s called a “suitability standard.” This standard protects investors, and it also allows financial advisors to serve small businesses and families with small investment portfolios.
The big banks on Wall Street are regulated differently than our local financial advisors, and for good reason. But now, the Department of Labor (DOL) is attempting to use its fiduciary rule to hold our local advisors to the same expensive regulatory standards as the big investment banks.
I voted this week to stop the DOL from doing this, because I have heard from many Oklahoma investment advisors that they won’t be able to afford to serve small businesses and families if the fiduciary rule goes into effect.
Too many Oklahomans are already on track to retire without enough savings, so the last thing the government should do is make it harder for our families to get the advice they need.
We’ve seen time and again this president push policies that leave Oklahoma families behind. I helped pass the resolution that would stop this particular regulation from moving forward, and I will continue to fight on your behalf.
WASHINGTON – Congressman Markwayne Mullin (OK-02) on Thursday voted to get rid of an Obama-backed regulation that could make it harder for Oklahoma families to access retirement and investment advice. Mullin is a cosponsor of H.J.Res. 88, a resolution of disapproval that would block the Department of Labor’s (DOL) expensive and overly burdensome regulation on local investment advisors.
“Too many Oklahomans are already on track to retire without enough savings. The last thing the government should do is make it harder for our families to get the advice they need to secure future financial stability, but this is exactly what the DOL’s regulation will do,” Mullin said.
Under current law, some of the services offered by financial institutions, like general investment and retirement education, are held to a “suitability standard.” This standard offers protection to investors, while also allowing advisors the flexibility to serve small businesses and families with small investment portfolios.
The new DOL regulation would hold these small investment advisors to the same costly regulatory standards as big investment banks, which would make it more expensive and more difficult for small businesses and middle-class families to access retirement advice.
“Our local investment advisors won’t be able to afford to serve small businesses and families if this regulation goes into effect, so I’m working to make sure it is blocked,” Mullin added.
The DOL’s regulation is scheduled to take effect in April 2017, unless it is blocked by Congress. H.J.Res. 88 passed the U.S. House of Representatives by a vote of 234-183. It will now move to the Senate for consideration.
WASHINGTON – Congressman Markwayne Mullin (OK-02) is working to make sure American Indian and Alaska Native communities are included in federal efforts to fight opioid abuse across the country. On Wednesday, Mullin’s committee, the House Committee on Energy and Commerce, held a meeting to consider several bills focused on opioid abuse. Mullin offered an amendment to one of these bills, the Examining Opioid Treatment Infrastructure Act of 2016 (H.R. 4982).
H.R. 4982 requires the Comptroller General of the United States to issue a report to Congress on the availability of substance abuse treatment programs throughout the country. Mullin’s amendment to the bill will make sure the report also includes information on the availability of drug abuse treatment programs for American Indians and Alaska Natives.
Mickey Peercy, Executive Director of Self Governance for the Choctaw Nation of Oklahoma, explained why Mullin’s amendment to H.R. 4982 is important to Indian Country.
Peercy said, “It is extremely important that the needs of American Indians and Alaska Natives be included in H.R. 4982. Substance abuse is an epidemic in Indian Country. Many of our people reside on reservations or rural areas where mainstream services are not available, and where typical surveys and reviews will not reach. We ask that our people be included.”
Mullin echoed Peercy’s words in a statement made before the committee on Wednesday.
“I am a proud member of the Cherokee Nation, and it has been extremely concerning to see how substance abuse is impacting Indian Country. We have an epidemic on our hands, and we need to do something about it,” he said.
Mullin’s amendment and H.R. 4982 were both unanimously approved by the House Energy and Commerce Committee. H.R. 4982 will now move to the House floor for consideration.
MUSKOGEE – Congressman Markwayne Mullin (OK-02) has announced the winners of the 2016 Congressional Art Competition. During an awards ceremony at Northeastern State University on April 22, 2016, Mullin announced the winners of six different categories, as well as the overall winners of the competition.
Robert Nofire, a senior at Tahlequah High School, took home the top honor of first place overall in the competition for his graphite drawing titled “Chief Highbear.” He also won first place in the drawings category.
Second place overall was awarded to Megan Zimbelman, also a senior at Tahlequah High School, for her acrylic painting titled “Oklahoma Wildfire.” Megan also earned first place in the paintings category.
Kaitlin Fullenwider, a senior at Broken Bow High School, placed third overall and first in the collage category for her glass seed beadwork in American Native Designs.
“We have so many talented artists in the Second Congressional District, and I’m amazed by the entries we receive for the art competition each year,” said Mullin. “All of these students have shown a deep commitment to their craft, and I couldn’t be more proud that they call the Second District home.”
A complete list of the winners of the 2016 Second District Congressional Art Competition can be found below and on www.mullin.house.gov.
2016 Congressional Art Competition Winners
First Overall Winner: Chief Highbear, Graphite, Robert Nofire, Tahlequah High School 12th, Tahlequah
Second Overall Winner: Oklahoma Wild Fire, Acrylic, Megan Zimbelman, Tahlequah High School 12th, Tahlequah
Third Overall Winner: American Native Designs, Glass Seed beads/ leather, Kaitlin Fullenwider, Broken Bow High School 12th, Broken Bow
First Place: Oklahoma Wild Fire, Acrylic, Megan Zimbelman, Tahlequah High School 12th, Tahlequah
Second Place: Patriotic Duty, Acrylic, Stormy Ross, Broken Bow Public Schools 12th, Haworth
Third Place: The Wolf, Tempera, Samantha Lopez, Red Oak Public Schools, Red Oak
First Place: Chief Highbear, Graphite, Robert Nofire, Tahlequah High School 12th, Tahlequah
Second Place: Rosebud, Charcoal, Scottie Kniess, Kinta High School 12th, Kinta
Third Place: Symbolism of America, Graphite, Ajay King, Eufaula High School 9th, Eufaula
First Place: American Native Designs, Glass Seed beads/ leather, Kaitlin Fullenwider, Broken Bow High School 12th, Broken Bow
First Place: Downtown Tahlequah, Pen and Ink, Alyssa McKee, Tahlequah High School 11th, Tahlequah
Second Place: Soldier with flag, Mixed, Pearl Adah, Kinta High School 10th, Kinta
Third Place: Still Strong, Graphite and Ink, Jacob Washington, Tahlequah High School 10th, Tahlequah
First Place: Reaching for the Stars of FREEDOM, Dan Yoder, Jr., William Bradford Christian School 9th, Rose
Second Place: Patriotism, Charlotte Oliver, Sallisaw High School 9th, Sallisaw
First Place: Heroes, John Kavanagh, Tahlequah High School 10th, Tahlequah
The Congressional Art Competition began in 1982 to provide an opportunity for Members of Congress to encourage and recognize artistic talent in their district. The competition is open to all high school students (grades 9-12) in the Second Congressional District of Oklahoma.
Students or teachers interested in participating in the 2017 Congressional Art Competition should contact Mary Bower in Mullin’s Muskogee office at 918-687-2533.
WASHINGTON – Congressman Markwayne Mullin (OK-02) on Wednesday voted to protect Oklahomans from unwarranted government intrusion into their emails. Mullin, an original cosponsor of the Email Privacy Act (H.R. 699), supported the bill’s passage through the House to make sure the federal government cannot access Oklahomans’ private electronic communications without a search warrant.
“Oklahomans and all Americans have a right to privacy. We have to balance this right with the need to provide our law enforcement with effective tools for using electronic communications, like emails, in investigations,” Mullin said. “It’s been almost 30 years since Congress last looked at this issue, and I’m happy there is a bipartisan push to update the policy.”
The Electronic Communications Privacy Act was signed into law in 1986. The law set restrictions on law enforcement’s use of electronic data, like computer files, as evidence in local, state, and federal investigations. The 1986 law requires law enforcement to obtain a search warrant before accessing this data.
However, the current law allows the government to access emails without a search warrant if they are at least 180 days old. The Email Privacy Act changes the current law and creates specific requirements law enforcement must meet before they are able to obtain a warrant to search an individual’s emails and other electronic communications. The bill also clarifies that law enforcement does not have to obtain a search warrant to use public electronic communications, like advertisements, as evidence in an investigation.
"A lot has changed since 1986. Email is a big part of everyday life,” Mullin added. “The law needs to be updated to protect Americans’ constitutional rights, while making sure our law enforcement has the tools they need.”
The Email Privacy Act passed the House by a vote of 419-0. It will now go to the Senate for consideration.
WASHINGTON – Congressman Markwayne Mullin (OK-02) on Tuesday voted to combat future terrorist recruitment efforts by requiring the U.S. Department of Homeland Security (DHS) to use the testimonials of former terrorists and extremists to stop terrorist groups from recruiting Americans.
The Combating Terrorist Recruitment Act of 2016 (H.R. 4820) gives the DHS Secretary the flexibility needed to fight the propaganda of terrorist groups that threaten Americans at home and abroad. According to the U.S. House of Representatives Homeland Security Committee, in 2015, there were more U.S.-based jihadist terror cases than in any full year since the September 11, 2001, terror attacks. The committee has also reported that the Federal Bureau of Investigation (FBI) has hundreds of open investigations of potential ISIS-inspired extremists across all 50 states.
“We know that groups like ISIS are trying to recruit Americans by promising a path to paradise, but former extremists and defectors know that terrorist groups only offer a repressive and violent environment for their followers,” Mullin said. “We must start spreading the messages of people who have witnessed terrorist brutality firsthand if we are going to effectively fight terrorist propaganda.”
The U.S. Department of State utilizes counter-messaging strategies to promote the testimonials of defectors abroad. H.R. 4820 gives the DHS the ability to use these same strategies to stop terrorist groups from recruiting Americans in communities across the United States.
“We can’t let terrorists recruit Americans from our hometowns,” Mullin added. “This bill protects vulnerable Americans from barbaric extremist groups.”
H.R. 4820 was introduced by U.S. Rep. Chuck Fleischmann (R-TN), a member of the House Appropriations Subcommittee on Homeland Security. The bill passed the House by a vote of 322-79 and will now be sent to the Senate for consideration.
Over the past several years, we’ve seen the U.S. Internal Revenue Service (IRS) spend millions of taxpayer dollars without permission, hire people who don’t pay their taxes, rehire people who were once dismissed for misconduct, and give bonuses to employees who aren’t doing their jobs.
This is completely unacceptable, and it almost seems ridiculous that Congress would even have to pass laws to prohibit these things from happening. But as most Oklahomans know, the federal government does a lot of things that just don’t make sense.
I voted for four bills this week that would:
Did you know that the IRS answered only 37 percent of customer calls during the 2014 filing season? In 2013, this number was 71 percent. This drop is unacceptable, and it is why we are requiring the Treasury Secretary to develop a customer service plan.
Just like so many other federal agencies, the IRS has grown out of control. I’m glad the House was able to pass these four important bills this week to hold Washington bureaucrats accountable to Oklahomans. Now, it’s the Senate’s turn to act.
I’m fighting every day to rein in unruly agencies and get the federal government out of your way. If you have ideas about how to shrink the size of our federal government, I’d like to hear from you! You can always call my offices in Washington, DC, at 202-225-2701, Muskogee at 918-687-2533, or McAlester at 918-423-5951; or, send me an email through my website: www.mullin.house.gov.
Thanks for your ideas and continued support.
WASHINGTON – Congressman Markwayne Mullin (OK-02) voted for a series of bills this week that will help rein in the U.S. Internal Revenue Service (IRS) and hold the Obama administration accountable to Oklahomans.
“We’ve seen the IRS spend millions of taxpayer dollars without permission, hire people who don’t pay their taxes or have a known history of misconduct, and give bonuses to employees who aren’t doing their jobs,” said Mullin. “This week, I voted for four bills that would stop all of these things from happening.”
The U.S. House of Representatives passed a series of bills aimed at holding the IRS accountable to U.S. taxpayers:
The House also passed a bill that bans the IRS from awarding bonuses to its employees until the Secretary of the Treasury develops and implements a comprehensive customer service strategy. This bill, H.R. 4890, was developed after a report from the Taxpayer Advocate showed that the IRS answered only 37 percent of customer calls during the 2014 filing season, compared to 71 percent of calls in the 2013 filing season.
“Like so many federal agencies, the IRS has grown out of control,” Mullin added. “This week, we were able to pass several important bills that will rein in this agency and hold Washington bureaucrats accountable to Oklahomans.”
WASHINGTON – The U.S. House of Representatives voted on Tuesday to make sure the U.S. Internal Revenue Service (IRS) does not target or discriminate against Oklahomans who exercise their First Amendment Rights.
“Constitutional rights can’t be overruled by federal agencies that want to push the president’s agenda,” said Congressman Markwayne Mullin (OK-02). “The fact that we even had to write this bill is ridiculous, but the past has shown us that religious and non-profit groups need protection from the IRS’ illegal targeting.”
In May 2013, the IRS admitted that it had been targeting conservative groups applying for tax-exempt status under Section 501(c)(4) of the Internal Revenue Code. The applications of groups that advocated for education about the Constitution and the Bill of Rights, or had words like “Tea Party” and “Patriot” in their names received extra scrutiny.
Several months later, the IRS proposed a regulation that would have limited the free speech of tax-exempt groups. The proposed regulation would have restricted these groups’ participation in political activity. Under the regulation, providing political education materials, such as voter guides, would have been illegal. The IRS withdrew the proposed regulation after it received widespread negative responses during the public comment period for the rule.
On Tuesday, the U.S. House of Representatives unanimously passed H.R. 4903, a bill to prohibit the IRS from using funds to target citizens of the United States for exercising any right guaranteed under the First Amendment to the Constitution.
“The IRS has no business restricting our Constitutional rights,” Mullin added. “There’s no way I am going to let the IRS restrict Oklahomans’ rights to exercise their freedom of speech or freedom of religion.”
H.R. 4903 will now go to the U.S. Senate for consideration.
Christie and I raise our five kids on the same farm that I grew up on in Westville, Oklahoma. Jim, Andrew, Larra, Ivy, and Lynette are the fourth generation of Mullins to live on the farm, and I want to make sure the farm stays in our family.
I hear too many stories about families who have lost their farms, because our federal tax code treats family-owned businesses, farms, and ranches unfairly. I’m fighting for a bill that would change this.
The Internal Revenue Service (IRS) has placed enormous taxes on family-owned businesses, farms and ranches that are transferred or passed down due to the death of the primary owner. This so-called death tax has been a challenge for families in our district and across Oklahoma for the last 100 years.
I know that family farmers and business owners have invested generations worth of capital to be able to grow and develop their operations. Their money is tied up in the business or land, so they often lack the liquid assets that are needed to cover the taxes they incur when the company or family farm is passed down.
I cosponsored and voted for a bill that repeals the death tax. We were able to get this bill passed through the full House last April. Now, it’s the Senate’s turn to do its job.
The fate of family farms and businesses should not be determined by the federal tax code. But President Obama doesn’t seem to agree. His 2016 budget proposal included a second death tax that would raise the U.S. death tax to the highest in the world.
I’ll continue to fight tooth and nail against any proposal that puts more burdens on Oklahoma’s families. The IRS has no business doing anything that would take generational businesses, farms, or ranches away from our families.
1113 Longworth HOB
Washington, DC 20515
Markwayne Mullin was elected to serve the people of Oklahoma’s 2nd Congressional District in November 2012.
Mullin and his wife Christie had three children, Jim, Andrew and Larra, and then on August 21, 2013 they officially became the proud parents of their adopted twin girls, Lynette and Ivy. They raise their children on the family farm where Mullin grew up in Westville, Oklahoma.
Raised in rural Adair County, he learned the value of hard work and self-discipline. The youngest of seven children, Mullin grew up working on the family farm before the sun was up and well before the school day began. When his studies and athletics were finished each day, Mullin would return home and finish his evening chores.
Mullin graduated from Stilwell High School and went to Missouri Valley College on a wrestling scholarship. Shortly after, his father fell ill and the family’s small plumbing company encountered financial troubles. Mullin then returned home and at the age of 20, he and his wife Christie took over the business. At the time the business had only six employees and was in debt.
Mullin resolved for the sake of his family and for their employees, to make the company solvent and ensure it never again fell into those circumstances. For the next three years, Mullin and his wife Christie worked seven days a week, making the difficult decisions necessary to get the business out of debt.
Mullin ultimately returned to college and graduated from Oklahoma State University Institute of Technology in 2010. He was honored to have been invited by his alma mater to deliver the keynote address at the OSUIT 2013 Commencement ceremonies in August.
Today, Mullin Plumbing is one of the largest service companies in the region, employing over 120 Oklahomans. It is only one of several successful companies Mullin owns and operates, including Mullin Environmental, Mullin Plumbing West Division, Mullin Services, Mullin Properties and Mullin Plumbing New Construction.
In the U.S. House of Representatives, Mullin has been the voice of business owners across America and brings their perspective into the national debate on many issues which directly impact the business community. From immigration and tax reforms to transportation issues and overzealous regulation, Mullin provides the much-needed real world perspective that comes from fighting to successfully run businesses in today’s economic and regulatory environment.
An engaging, energetic and servant-hearted individual, Mullin is not a Washington, D.C. insider. Instead, he’s a hard-working family man who is grounded by a deep faith and his love of country. Mullin holds fast to the values of rural Oklahoma – where deals are still closed with a handshake, where neighbors help one another without a moment’s hesitation and where prayer and worship are still important parts of people’s lives.
Congressman Mullin serves on the House Transportation and Infrastructure Committee and the Natural Resources Committee. He was one of only 11 Members chosen to serve on the bipartisan Panel on 21st Century Freight Transportation, designated by the House Transportation and Infrastructure Committee. The panel traveled across the country to examine the current state of freight transportation in the United States and how improving freight transportation can boost the U.S. economy. The panel will release its findings in late October 2013.
Determined that he would always be accessible and available to the people he represents, Mullin has held three rounds of town hall meetings in each of the 26 counties of the 2nd District so far during his first year in office. He has also held six district-wide telephone town hall meetings. Additionally Mullin has held telephone conference calls with different community groups in the 2nd District, including mayors, county commissioners, chamber of commerce officials, dentists, hospital administrators, pastors and technology centers administrators.
Mullin is a proud citizen of the Cherokee Nation. When the 113th Congress convened in January 2013, he became only the second Native American in the House.
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