01/15/09 12:43 PM
An amendment numbered 5 printed in House Report 111-3 to eliminate changes and additional funding for the HOPE for Homeowners program.
By unanimous consent, the Holt amendment was withdrawn.
01/15/09 12:43 PM
DEBATE - Pursuant to the provisions of H. Res. 62 the Committee of the Whole proceeded with ten minutes of debate on the Bachmann amendment.
Amendment offered by Mrs. Bachmann.
01/15/09 12:35 PM
Mr. Holt asked unanimous consent to modify his amendment. Objection was heard.
01/15/09 12:29 PM
An amendment numbered 4 printed in House Report 111-3 to amend the EESA to require that, provided TARP funds are not used for their purchase, the Secretary shall facilitate an auction of troubled assets by third party purchases and, if such auction does not take place within 3 months from enactment, the Secretary must report to Congress on the mechanism the Secretary deems best to use to value and liquidate such assets.
01/15/09 12:29 PM
DEBATE - Pursuant to the provisions of H. Res. 62, the Committee of the Whole proceeded with ten minutes of debate on the Holt amendment.
Amendment offered by Mr. Holt.
01/15/09 12:28 PM
Subsequently, the Committee resumed it's sitting.
The Committee of the Whole rose informally to receive a message from the President.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
01/15/09 12:15 PM
DEBATE - Purusuant to the provisions of H. Res. 62, the Committee of the Whole proceeded with ten minutes of debate on the Hensarling amendment.
Amendment offered by Mr. Hensarling.
01/15/09 12:15 PM
An amendment numbered 3 in House Report 111-3 to remove the Secretary's authority to delegate an observer to attend meetings of the board of directors of any assisted institution.
01/15/09 12:14 PM
On agreeing to the Matsui amendment Agreed to by voice vote.
01/15/09 12:03 PM
DEBATE - Pursuant to the provisions of H.Res. 62, the Committee of the Whole proceeded with 10 minutes of debate on the Matsui amendment.
