⭐🔥 Click here to check Latest Celeb News & Celebrity Gossip in 2022! 🔥⭐
The Washington Independent
The Washington Independent

FinReg Amendment Round-Up

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

Elisa Mueller
Last updated: Jul 31, 2020 | May 13, 2010

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.
Elisa Mueller | Elisa Mueller was born in Kansas City, Missouri, to a mother who taught reading and a father who taught film. As a result, she spent an excessive amount of her childhood reading books and watching movies. She went to the University of Kansas for college, where she earned bachelor's degrees in English and journalism. She moved to New York City and worked for Entertainment Weekly magazine for ten years, visiting film sets all over the world.


EPA Administrator Addresses Concerns About Oil Spill Waste Management

At a hearing of the national oil spill commission today, Environmental Protection Agency Administrator Lisa Jackson addressed concerns about waste disposal from

EPA administrator defends allowing Florida to write its own water pollution rules

The EPA seal (Pic via sentryjournal.com) The Environmental Protection Agency has come under fire for its decision to allow the state of Florida to write its own water pollution rules (known as “numeric nutrient criteria”). EPA Regional Administrator Gwendolyn Keyes Fleming is now firing back, writing that the Agency commends the state Department of Environmental Protection for its draft of a proposed standard. A host of environmental groups filed suit in 2008, seeking to compel the EPA to implement a strict set of water pollution standards in Florida, arguing that the state was in violation of the Clean Water Act.

E-Verify Mandate Begins Today

The Obama administration today begins implementation of a new mandate to require all federal contractors to check the legal status of their employees to confirm

EPA administrator fires back at critics in op-ed

EPA Administrator Lisa Jackson (Pic by USACEpublicaffairs, via Flickr) EPA Administrator Lisa Jackson penned a new op-ed for the Los Angeles Times , criticizing House Republicans desperately seeking to undermine the authority of the agency they have dubbed a “job killer.” Arguing that the environment affects red states and blue states alike, Jackson writes that “it is time for House Republicans to stop politicizing our air and water.” As head of the Environmental Protection Agency, Jackson has faced harsh criticism from House Republicans and GOP presidential candidates who say the agency’s regulations are an undue burden on businesses that have to cut jobs simply to comply with clean water and air rules. Presidential hopeful Michele Bachmann  has pledged to end the EPA if she takes office. “Since the beginning of this year, Republicans in the House have averaged roughly a vote every day the chamber has been in session to undermine the Environmental Protection Agency and our nation’s environmental laws,” writes Jackson.

EPA administrator says federal nutrient criteria is a ‘myth’

In testimony given late last week, EPA Administrator Lisa Jackson said that false accusations about her agency’s numeric nutrient criteria to govern Florida waterways are proving to be a detriment to their implementation. # Testifying before the House Agriculture Committee, Jackson said her agency’s work was often “mischaracterized” and addressed several myths surrounding its work

EPA and California Near Deal on Fuel Efficiency Standards

Two weeks ago, the Obama administration raised fuel efficiency standards by an average of two miles per gallon -- a modest change that disappointed some

EPA: BP Has 24 Hours to Find a Less Toxic Chemical Dispersant

Thought the massive quantities of oil pouring into the Gulf of Mexico were the only major threat to the country’s southeast coastal waters right now? Think

EPA announces hold on nutrient standards if Florida can come up with own criteria

The EPA announced today that it is now prepared to withdraw a portion of its proposed numeric nutrient criteria (a set of standards governing water pollution in inland waters) and delay the portion related to estuarine waters, to allow the state Department of Environmental Protection to develop its own criteria. # From a statement released by the EPA earlier today: # EPA recognizes that states have the primary role in establishing and implementing water quality standards for their waters. Therefore, EPA is prepared to withdraw the federal inland standards and delay the estuarine standards if FDEP adopts, and EPA approves, their own protective and scientifically sound numeric standards

EPA Chief Overruled Calif. Waiver, Too

The Washington Post reported in March that EPA Administrator Stephen Johnson was overruled by the White House in setting an ozone standard. Now, documents

© Copyright 2022 The Washington Independent All Rights Reserved

Terms & Privacy | twi.news@washingtonindependent.com

⭐🔥 Click here to check Latest Celeb News & Celebrity Gossip in 2022! 🔥⭐