07/21/11 5:05 PM
An amendment numbered 4 printed in House Report 112-172 to clarify that the nonvoting members of the council are allowed to petition against any rule made by the Consumer Financial Protection Bureau (CFPB), even if they represent an industry the CFPB is not permitted to regulate.
07/21/11 5:05 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Paulsen amendment.
Amendment offered by Mr. Paulsen.
07/21/11 5:02 PM
POSTPONED PROCEEDINGS - At the conclusion of debate on the DeFazio amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. DeFazio demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced.
07/21/11 4:54 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the DeFazio amendment.
Amendment offered by Mr. DeFazio.
07/21/11 4:54 PM
An amendment numbered 3 printed in House Report 112-172 to eliminate potential conflicts of interest by providing that no Member of the Financial Stability Oversight Council may participate in a vote to issue a stay of, or set aside, a regulation issued by the Bureau of Consumer Financial Protection if said regulation would affect an institution for which that individual was employed in the preceding 2 years.
07/21/11 4:53 PM
POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced.
07/21/11 4:46 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment.
07/21/11 4:45 PM
Amendment offered by Ms. Jackson Lee (TX).
07/21/11 4:45 PM
An amendment numbered 2 printed in House Report 112-172 to restore a 2/3 majority vote in order for the Financial Stability Oversight Council to overrule Consumer Financial Protection Bureau regulation.
On agreeing to the Maloney amendment Failed by voice vote.
07/21/11 4:36 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Maloney amendment.
Amendment offered by Mrs. Maloney.
