The Senate is back to amending Sen. Chris Dodd’s (D-Conn.) financial regulatory reform proposal today. Here is a list of pending amendments that might come up
Jul 31, 20201.3K Shares652.4K Views
The Senate is back to amending Sen. Chris Dodd’s (D-Conn.) financial regulatory reform proposal today. Here is a list of pending amendments that might come up for a vote, depending on time, and a list of amendments that received a vote yesterday.
Amendments that might get a vote today:
Sen. Susan Collins’ (R-Maine) amendment to mandate minimum leverage and risk-based capital requirements for banks and other financial firms.
Sen. Jeff Sessions’ (R-Ala.) amendment to provide an orderly and transparent bankruptcy process for financial firms.
Sen. Arlen Specter’s (D-Pa.) amendment to allow private civil litigation against certain violators of Securities and Exchange Commission rules.
Sen. Sam Brownback’s (R-Kans.) amendment to exclude automakers from the Consumer Financial Protection Agency’s oversight.
Sens. Olympia Snowe (R-Maine) and Mark Pryor’s (D-Ark.) amendment to ensure small business fairness and regulatory transparency.
Sen. Pat Leahy’s (D-Vt.) amendment to restore the application of the Federal antitrust laws to health insurance companies.
Sen. Dick Durbin’s (D-Ill.) amendment to ensure that the fees that small businesses and other entities are charged for accepting debit cards are reasonable.
Sen. Al Franken’s (D-Minn.) amendment to impose new regulations on credit rating agencies.
Amendments that got a vote yesterday:
Sens. Jeff Merkley (D-Ore.) and Amy Klobuchar’s (D-Minn.) amendment ending liar loans and banning loan originators for making more money for selling riskier loans passed, 63-36.
Sen. Bob Corker’s (R-Tenn.) amendment to study of the asset-backed securitization process and residential mortgage underwriting standards failed, 42-57.
Sen. Kay Bailey Hutchison (R-Texas) and Klobuchar’s amendment to allow small banks and state-chartered banks to choose either the Federal Reserve or the Federal Deposit Insurance Co. as their regulator passed, 91-8.
Sen. Saxby Chambliss’ (R-Ga.) amendment to implement regulatory oversight of the swap markets and to ensure that corporate end users are exempted from swaps laws failed, 39-59.
Sen. Jack Reed (D-R.I.) and Sen. Scott Brown’s (R-Mass.) amendment to establish a specific consumer protection liaison for members of the armed forces and their families passed, 98-1.
Snowe and Sen. Mary Landrieu’s (D-La.) amendment to exclude small businesses from certain Consumer Financial Protection Agency measures passed by voice vote.
Landrieu’s amendment to exempt qualified residential mortgages from credit risk retention requirements passed by unanimous consent.
Sen. Mike Crapo’s (R-Idaho) amendment improving credit risk retention provisions passed by unanimous consent.