12/10/09 8:53 PM
UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
12/10/09 8:52 PM
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
Considered as unfinished business.
12/10/09 8:51 PM
UNANIMOUS CONSENT - Mr. Frank (MA) asked unanimous consent that, during further consideration of H.R. 4173 pursuant to H. Res. 964, the amendments numbered 1 and 36 may be considered as modified by the respective forms presented at the desk. Without objection, the amendments were modified.
12/10/09 8:51 PM
H.R. 4173:
to provide for financial regulatory reform, to protect consumers and investors, to enhance Federal understanding of insurance issues, to regulate the over-the-counter derivatives markets, and for other purposes
12/10/09 8:50 PM
Committee of the Whole House on the state of the Union rises leaving H.R. 4173 as unfinished business.
On motion that the Committee now rise Agreed to by voice vote.
Mr. Frank (MA) moved that the Committee now rise.
12/10/09 8:48 PM
POSTPONED PROCEEDINGS - At the conclusion of debate on the McCarthy (CA), the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
12/10/09 8:36 PM
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the McCarthy(CA) amendment.
12/10/09 8:35 PM
Amendment offered by Mr. McCarthy (CA).
12/10/09 8:35 PM
An amendment numbered 14 printed in House Report 111-370 to strike section 6012 (relating to Effect of Rule 436(G)). The amendment would strike increased liability language that would be a barrier to entry, inhibiting increased competition in the rating agency market.
12/10/09 8:33 PM
POSTPONED PROCEEDINGS - At the conclusion of debate on the Kanjorski amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
