07/21/11 5:55 PM
An amendment numbered 11 printed in House Report 112-172 to require the Consumer Financial Protection Bureau to (1) submit an analysis on the impact of its proposed rule or regulation on the financial industry, and (2) an analysis of consumers and small businesses' access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review.
07/21/11 5:54 PM
On agreeing to the Lankford amendment Agreed to by voice vote.
07/21/11 5:47 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Lankford amendment.
07/21/11 5:46 PM
An amendment numbered 10 printed in House Report 112-172 to require the Inspector General of the Board of Governors of the Federal Reserve System/CFPB to submit an annual report to Congress no later than February 1, 2012, and every year thereafter, which identifies (1) all new guidance/regulation/ru es prescribed by the Bureau, (2) any Bureau authority which overlaps with other federal agencies/departments, (3) Bureau administrative expenses, and (4) Bureau unobligated balances. Would require that the report be posted online and published using existing funds.
On agreeing to the DeFazio amendment Agreed to by voice vote.
07/21/11 5:46 PM
Amendment offered by Mr. Lankford.
07/21/11 5:45 PM
VACATING PROCEEDINGS - Mr. DeFazio asked unanimous consent to vacate the proceedings by which a recorded vote was ordered on the adoption of amendment no. 3 to the end that the amendment be agreed to by the voice vote.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Maloney amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Capito 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 5:37 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.
07/21/11 5:36 PM
An amendment numbered 9 printed in House Report 112-172 to transfer all authority that the Consumer Financial Protection Bureau would receive to the Secretary of the Treasury if no Commission Chair is in place by July 21st until such time as a Chair has been confirmed by the Senate.
On agreeing to the Chu amendment Agreed to by voice vote.
07/21/11 5:36 PM
Amendment offered by Mrs. Maloney.
07/21/11 5:31 PM
DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Chu amendment.
