3.0.0 1315 2023-01-11T13:22:49Z 2023-01-11T13:22:49Z House H HR 2011-04-01 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DUFFY:H.R. 1315.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3.[Page H2267]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2011-07-22T18:16:58Z hsba00 Financial Services Committee House Standing hsba15 Consumer Protection and Financial Institutions Subcommittee Reported by 2011-05-04T15:35:10Z Markup by 2011-05-04T15:33:51Z Referred to 2011-05-02T15:47:25Z Hearings by 2011-04-06T17:05:32Z Reported by 2011-07-19T19:26:34Z Markup by 2011-05-12T15:39:02Z Referred to 2011-04-01T13:03:15Z H. Rept. 112-89,Part 2 H. Rept. 112-89 FHA Refinance Program Termination Act 112 830 HR 2011-03-14 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill House Providing for consideration of the bill (H.R. 1315) to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, and for other purposes. 112 358 HRES 2011-07-21 Motion to reconsider laid on the table Agreed to without objection. 15:20:32 Procedurally-related House Procedurally-related House 2011-07-22 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2011-07-21 19:26:34 The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1315. Floor H8D000 2 House floor actions 2011-07-21 19:26:10 The text of H.R. 830, as passed by the House, was appended to the end of H.R. 1315 as new matter. Floor H1B000 2 House floor actions 2011-07-21 19:26:02 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2011-07-21 19:26:01 On passage Passed by recorded vote: 241 - 173 (Roll no. 621). Floor H37100 2 House floor actions 621 https://clerk.house.gov/evs/2011/roll621.xml House 112 2011-07-21T23:26:01Z 1 2011-07-21 19:26:01 Passed/agreed to in House: On passage Passed by recorded vote: 241 - 173 (Roll no. 621). Floor 8000 9 Library of Congress 621 https://clerk.house.gov/evs/2011/roll621.xml House 112 2011-07-21T23:26:01Z 1 2011-07-21 19:18:09 On motion to recommit with instructions Failed by recorded vote: 183 - 232 (Roll no. 620). (consideration: CR H5347) Floor H36110 2 House floor actions hsba00 Financial Services Committee 620 https://clerk.house.gov/evs/2011/roll620.xml House 112 2011-07-21T23:18:09Z 1 2011-07-21 19:01:46 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H5347) Floor H8A000 2 House floor actions 2011-07-21 18:49:00 DEBATE - The House proceeded with 10 minutes of debate on the Michaud motion to recommit with instructions, pending reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add a new section retaining the current two-thirds majority vote requirement for the Financial Stability Oversight Council to set aside a Consumer Financial Protection Bureau regulation designed to safeguard seniors from fraud relating to their Social Security and Medicare benefits, foreclosure, robosigning, reverse mortgages, and pensions or other retirement savings. Subsequently, the point of order was withdrawn. Floor H8D000 2 House floor actions 2011-07-21 18:48:09 Mr. Michaud moved to recommit with instructions to Financial Services. (consideration: CR H5345-5346; text: CR H5345-5346) Floor H36100 2 House floor actions hsba00 Financial Services Committee 2011-07-21 18:46:35 The previous question was ordered pursuant to the rule. (consideration: CR H5345) Floor H35000 2 House floor actions 2011-07-21 18:46:01 The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H5328-5329) Floor H8D000 2 House floor actions 2011-07-21 18:45:27 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1315. Floor H32600 2 House floor actions 2011-07-21 18:03:50 UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of adoption of amendments which had been debated earlier and on which further proceedings were postponed. Floor H8D000 2 House floor actions 2011-07-21 18:02:44 POSTPONED PROCEEDINGS - At the conclusion of debate on the Rigell amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Miller (NC) demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2011-07-21 17:55:37 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Rigell amendment. Floor H8D000 2 House floor actions 2011-07-21 17:47:11 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Lankford amendment. Floor H8D000 2 House floor actions 2011-07-21 17:45:48 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. Floor H8D000 2 House floor actions 2011-07-21 17:45:47 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. Floor H8D000 2 House floor actions 2011-07-21 17:37:01 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Maloney amendment. Floor H8D000 2 House floor actions 2011-07-21 17:31:17 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Chu amendment. Floor H8D000 2 House floor actions 2011-07-21 17:28:07 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Quigley amendment. Floor H8D000 2 House floor actions 2011-07-21 17:27:27 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 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. Floor H8D000 2 House floor actions 2011-07-21 17:19:42 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 No. 6. Floor H8D000 2 House floor actions 2011-07-21 17:18:44 POSTPONED PROCEEDINGS - At the conclusion of debate on the Miller (NC) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Miller (NC) demanded a recorded vote and the Chair postponed proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2011-07-21 17:10:42 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Miller (NC) amendment. Floor H8D000 2 House floor actions 2011-07-21 17:05:25 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Paulsen amendment. Floor H8D000 2 House floor actions 2011-07-21 17:02:40 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. Floor H8D000 2 House floor actions 2011-07-21 16:54:58 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the DeFazio amendment. Floor H8D000 2 House floor actions 2011-07-21 16:53:51 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. Floor H8D000 2 House floor actions 2011-07-21 16:46:06 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. Floor H8D000 2 House floor actions 2011-07-21 16:36:40 DEBATE - Pursuant to the provisions of H.Res. 358, the Committee of the Whole proceeded with 10 minutes of debate on the Maloney amendment. Floor H8D000 2 House floor actions 2011-07-21 15:21:34 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1315. Floor H8D000 2 House floor actions 2011-07-21 15:21:23 The Speaker designated the Honorable Ted Poe to act as Chairman of the Committee. Floor H32400 2 House floor actions 2011-07-21 15:21:22 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 358 and Rule XVIII. Floor H32020 2 House floor actions 2011-07-21 15:20:38 Rule provides for consideration of H.R. 1315 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of the Rules Committee Print dated July 14, 2011. Floor H8D000 2 House floor actions 2011-07-21 15:20:33 Considered under the provisions of rule H. Res. 358. (consideration: CR H5317-5348) Floor H30000 2 House floor actions 2011-07-21 15:20:31 Rule H. Res. 358 passed House. Floor H1L220 2 House floor actions 2011-07-20 18:40:51 Rules Committee Resolution H. Res. 358 Reported to House. Rule provides for consideration of H.R. 1315 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. In lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, it shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule an amendment in the nature of a substitute consisting of the text of the Rules Committee Print dated July 14, 2011. Floor H1L210 2 House floor actions 2011-07-19 Supplemental report filed by the Committee on Financial Services, H. Rept. 112-89, Part II. Committee H12210 2 House floor actions hsba00 Financial Services Committee 2011-07-19 Supplemental report filed by the Committee on Financial Services, H. Rept. 112-89, Part II. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2011-05-25 Placed on the Union Calendar, Calendar No. 49. Calendars H12410 2 House floor actions U00049 2011-05-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-89. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2011-05-25 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-89. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2011-05-12 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported by the Yeas and Nays: 35 - 22. Committee 2011-05-12 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2011-05-04 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 13 - 9 . Committee 2011-05-04 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2011-05-02 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2011-04-06 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. Committee 2011-04-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-04-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-04-01 Introduced in House IntroReferral 1000 9 Library of Congress 2011-03-16 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral. Committee D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 N C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2011-04-01 True B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2011-04-01 True M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2011-05-05 False C001051 Rep. Carter, John R. [R-TX-31] John Carter R TX R. 31 2011-05-23 False Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer affairs Department of the Treasury Financial Stability Oversight Council Finance and Financial Sector 00 2011-04-01 Introduced in House 2011-08-31T13:58:19Z Consumer Financial Protection Safety and Soundness Improvement Act of 2011 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Chairperson of the Financial Stability Oversight Council to issue a stay of, or set aside, any regulation issued by the Bureau of Consumer Financial Protection (CFPB) upon the affirmative vote of the majority (currently, two-thirds) of Council members, excluding the Director of the Bureau.

Requires the Council, upon the petition of a member agency of the Council, to set aside a final regulation prescribed by the Bureau if the Council decides that such regulation is inconsistent with the safe and sound operations of U.S. financial institutions. (Currently the Council is merely authorized, upon petition, to set aside a final regulation, but only if the regulation would put the safety and soundness of the U.S. banking system or the stability of the U.S. financial system at risk.)

Repeals: (1) the prohibition against Council set-aside of a regulation after expiration of a specified time period, and (2) mandatory dismissal of a petition if the Council has not issued a decision within such time period.

]]> 17 2011-07-20 Reported to House with amendment(s) 2011-08-31T14:03:29Z Consumer Financial Protection Safety and Soundness Improvement Act of 2011 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Chairperson of the Financial Stability Oversight Council to issue a stay of, or set aside, any regulation issued by the Bureau of Consumer Financial Protection (CFPB) upon the affirmative vote of the majority (currently, two-thirds) of Council members, excluding the Director of the Bureau.

Requires the Council, upon the petition of a member agency of the Council, to set aside a final regulation prescribed by the Bureau if the Council decides that such regulation is inconsistent with the safe and sound operations of U.S. financial institutions. (Currently the Council is merely authorized, upon petition, to set aside a final regulation, but only if the regulation would put the safety and soundness of the U.S. banking system or the stability of the U.S. financial system at risk.)

Repeals: (1) the prohibition against Council set-aside of a regulation after expiration of a specified time period, and (2) mandatory dismissal of a petition if the Council has not issued a decision within such time period.

Requires Council meetings that are convened to issue a stay of, or set aside, any regulation to be open to public observation.

]]> 36 2011-07-21 Passed House amended 2011-10-24T20:44:40Z Title I: Consumer Financial Protection Safety and Soundness Improvement Act of 2011 - Consumer Financial Protection Safety and Soundness Improvement Act of 2011 - (Sec. 102) Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Chairperson of the Financial Stability Oversight Council to issue a stay of, or set aside, any regulation issued by the Consumer Financial Protection Bureau (CFPB) upon the affirmative vote of the majority (currently, two-thirds) of Council members, excluding the Chair of the Commission of the CFPB (as provided for in this Act).

Applies to a petition by nonvoting members of the Council for review of a CFPB final regulation the procedures and requirements that apply to a petition by an agency represented by a member of the Council.

Authorizes an agency or a nonvoting member of the Council to make petitions on any subject matter, regardless of their areas of particular expertise.

Prohibits a Council member from voting on the decision to issue a stay of, or set aside, any regulation under Dodd-Frank if such member has, within the previous two-year period, been employed by any company or other entity that is subject to such regulation.

(Sec. 103) Requires the Council, upon the petition of a member agency of the Council, to set aside a final regulation prescribed by the Bureau if the Council decides that such regulation is inconsistent with the safe and sound operations of U.S. financial institutions. (Currently the Council is merely authorized, upon petition, to set aside a final regulation, but only if the regulation would put the safety and soundness of the U.S. banking system or the stability of the U.S. financial system at risk.)

Repeals: (1) the prohibition against Council set-aside of a regulation after expiration of a specified deadline (unless a stay is issued); and (2) mandatory dismissal of a petition if the Council has not issued a decision by such deadline.

Requires Council meetings that are convened to issue a stay of, or set aside, any regulation to be open to public observation. Requires the Council to provide live online streaming or broadcasting of the meetings.

(Sec. 104) Establishes a Commission to serve as head of the Bureau, in lieu of a single Director, and to prescribe regulations and issue orders. Prescribes the composition of the Commission as the Vice Chairman for Supervision of the Federal Reserve System and four additional members who shall be appointed by the President, by and with the advice and consent of the Senate. Requires such members to have strong competencies and experiences related to consumer financial protection. Recommends that they also should want to protect service members and their families who are sacrificing their lives for this country from abusive financial practices.

Requires one member of the Commission to have as his or her primary responsibility the oversight of CFPB activities pertaining to protecting consumers, with a focus on consumers who are older, minorities, youth, or veterans, from unfair, deceptive, and abusive lending practices.

Requires that no more than two members of the Commission be of the same political party.

(Sec. 106) Designates the single calendar date for the transfer to the Bureau of the consumer financial protection functions of other specified agencies to be: (1) the date that would have been designated, but for the application of this Act, and (2) the date on which the Chair of the Commission of the Bureau is confirmed by the Senate.

(Sec. 107) Directs the Inspector General of the Board of Governors of the Federal Reserve System and the CFPB (IGs) to report annually to Congress and make accessible to the public: (1) a list of all new rules, guidelines, and regulations prescribed by the CFPB within the previous fiscal year; (2) a detailed list of all authority which the IGs believe overlaps with the efforts of other federal departments and agencies; (3) all administrative expenses of the CFPB, including the amount spent on salaries, office supplies, and office space, and (4) the current amount in the CFPB Fund.

(Sec. 108) Requires the CFPB, each time it proposes a new rule or regulation, to carry out: (1) an initial regulatory flexibility analysis, including the financial impact of the proposed rule or regulation on all financial entities, regardless of size; and (2) an analysis of whether the proposed rule or regulation will impair the ability of individuals and small business to access credit from financial institutions.

Title II: FHA Refinance Program Termination Act - FHA Refinance Program Termination Act - (Sec. 202) Rescinds and permanently cancels all unexpended balances of certain amounts made available under the Emergency Economic Stabilization Act (EESA) that have been allocated for use under the FHA Refinance Program of the Making Home Affordable initiative of the Secretary of the Treasury.

(Sec. 203) Declares null and void Mortgagee Letter 2010-23 of the Secretary of Housing and Urban Development (HUD).

Prohibits HUD from: (1) issuing any regulation, order, notice, or mortgagee letter based on or substantially similar to such Mortgagee Letter; or (2) newly insuring any mortgage under the FHA Refinance Program except pursuant to a commitment to insure made before enactment of this Act.

Directs HUD to: (1) terminate the FHA Refinance Program, and (2) study and report to Congress on the extent of its usage by and its impact upon, covered homeowners (members of the U.S. Armed Forces, veterans, members and veterans with service-connected disabilities [and their survivors and dependents], and persons eligible to receive a Gold Star lapel pin as a widow, parent, or next of kin of certain deceased members of the Armed Forces).

(Sec. 204) Requires HUD to publish on its Website that: (1) the FHA Short Refinance Program has been terminated, and (2) individuals having trouble paying a mortgage and needing help contacting their lender or servicer to negotiate or acquire a loan modification should contact their Members of Congress to assist them.]]>

Consumer Financial Protection Safety and Soundness Improvement Act of 2011 Display Title Consumer Financial Protection Safety and Soundness Improvement Act of 2011 Short Titles as Reported to House Consumer Financial Protection Safety and Soundness Improvement Act of 2011 H House Short Titles as Passed House for portions of this bill FHA Refinance Program Termination Act H House Short Titles as Introduced Consumer Financial Protection Safety and Soundness Improvement Act of 2011 Short Titles as Passed House for portions of this bill Consumer Financial Protection Safety and Soundness Improvement Act of 2011 H House Official Title as Introduced To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection. Official Titles as Amended by House To amend the Dodd-Frank Wall Street Reform and ConsumerProtection Act to strengthen the review authorityof the Financial Stability Oversight Council of regulationsissued by the Bureau of Consumer Financial Protection,to rescind the unobligated funding for the FHARefinance Program and to terminate the program, andfor other purposes. H House 696 112 HAMDT Amendment requires 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) submit an analysis of consumer and small business access to credit as a result of the regulation, to the Financial Stability Oversight Council for the purposes of public review. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Rigell amendment (A011) Agreed to by recorded vote: 246 - 167 (Roll no. 619). 18:44:13 Roll no. 619 https://clerk.house.gov/evs/2011/roll619.xml R000589 Rep. Rigell, E. Scott [R-VA-2] E. Rigell R VA Scott 2 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 8 2011-07-21 18:44:13 On agreeing to the Rigell amendment (A011) Agreed to by recorded vote: 246 - 167 (Roll no. 619). Floor H32111 2 House floor actions 619 House 112 2011-07-21T22:44:13Z 1 https://clerk.house.gov/evs/2011/roll619.xml 2011-07-21 17:55:12 Amendment (A011) offered by Mr. Rigell. (consideration: CR H5341-5342, H5345; text: CR H5341) Floor H3A100 2 House floor actions 2011-07-21 18:44:13 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 619 House 112 2011-07-21T22:44:13Z 1 https://clerk.house.gov/evs/2011/roll619.xml 2011-07-21 18:44:13 House amendment agreed to: On agreeing to the Rigell amendment (A011) Agreed to by recorded vote: 246 - 167 (Roll no. 619). Floor 72000 9 Library of Congress 619 House 112 2011-07-21T22:44:13Z 1 https://clerk.house.gov/evs/2011/roll619.xml 2011-07-21 18:44:13 Roll call votes on amendments in House Floor 75000 9 Library of Congress 619 House 112 2011-07-21T22:44:13Z 1 https://clerk.house.gov/evs/2011/roll619.xml 2011-07-21 17:55:12 House amendment offered/reported by: Amendment (A011) offered by Mr. Rigell.(consideration: CR H5341-5342, H5345; text: CR H5341) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 695 112 HAMDT Amendment requires 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/rules prescribed by the Bureau; (2) any Bureau authority which overlaps with other federal agencies/departments; (3) Bureau administrative expenses; and (4) Bureau unobligated balances. Such a report would also be posted online and published using existing funds. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Lankford amendment (A010) Agreed to by voice vote. 17:54:54 L000575 Rep. Lankford, James [R-OK-5] James Lankford R OK 5 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 17:54:54 On agreeing to the Lankford amendment (A010) Agreed to by voice vote. Floor H32111 2 House floor actions 2011-07-21 17:46:48 Amendment (A010) offered by Mr. Lankford. (consideration: CR H5340-5341; text: CR H5340) Floor H3A100 2 House floor actions 2011-07-21 17:54:54 House amendment agreed to: On agreeing to the Lankford amendment (A010) Agreed to by voice vote. Floor 72000 9 Library of Congress 2011-07-21 17:54:54 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2011-07-21 17:46:48 House amendment offered/reported by: Amendment (A010) offered by Mr. Lankford.(consideration: CR H5340-5341; text: CR H5340) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 694 112 HAMDT Amendment sought to immediately 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 the single calendar date designated for the transfer, until such time as a Chair has been confirmed by the Senate. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Maloney amendment (A009) Failed by recorded vote: 168 - 244 (Roll no. 618). 18:40:38 Roll no. 618 https://clerk.house.gov/evs/2011/roll618.xml M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 8 2011-07-21 18:40:38 On agreeing to the Maloney amendment (A009) Failed by recorded vote: 168 - 244 (Roll no. 618). Floor H32111 2 House floor actions 618 House 112 2011-07-21T22:40:38Z 1 https://clerk.house.gov/evs/2011/roll618.xml 2011-07-21 17:36:45 Amendment (A009) offered by Mrs. Maloney. (consideration: CR H5338-5340, H5344-5345; text: CR H5338-5339) Floor H3A100 2 House floor actions 2011-07-21 18:40:38 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 618 House 112 2011-07-21T22:40:38Z 1 https://clerk.house.gov/evs/2011/roll618.xml 2011-07-21 18:40:38 Roll call votes on amendments in House Floor 75000 9 Library of Congress 618 House 112 2011-07-21T22:40:38Z 1 https://clerk.house.gov/evs/2011/roll618.xml 2011-07-21 18:40:38 House amendment not agreed to: On agreeing to the Maloney amendment (A009) Failed by recorded vote: 168 - 244 (Roll no. 618). Floor 73000 9 Library of Congress 618 House 112 2011-07-21T22:40:38Z 1 https://clerk.house.gov/evs/2011/roll618.xml 2011-07-21 17:36:45 House amendment offered/reported by: Amendment (A009) offered by Mrs. Maloney.(consideration: CR H5338-5340, H5344-5345; text: CR H5338-5339) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 693 112 HAMDT Amendment requires the commissioner to research how language barriers can lead to unfair and abusive lending practices and to report to the full Commission on ways to protect consumers from such unfair and deceptive practices. An amendment numbered 8 printed in House Report 112-172 to give additional responsibility to the Commissioner responsible for oversight of the Bureau's activities pertaining to the protection of older consumers, minorities, youth, and veterans. The commissioner would be required to research how language barriers can lead to unfair and abusive lending practices, and report to full Commission ways to protect consumers from these unfair and deceptive practices. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Chu amendment (A008) Agreed to by voice vote. 17:36:21 C001080 Rep. Chu, Judy [D-CA-32] Judy Chu D CA 32 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 17:36:21 On agreeing to the Chu amendment (A008) Agreed to by voice vote. Floor H32111 2 House floor actions 2011-07-21 17:30:56 Amendment (A008) offered by Ms. Chu. (consideration: CR H5338; text: CR H5338) Floor H3A100 2 House floor actions 2011-07-21 17:36:21 House amendment agreed to: On agreeing to the Chu amendment (A008) Agreed to by voice vote. Floor 72000 9 Library of Congress 2011-07-21 17:36:21 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2011-07-21 17:30:56 House amendment offered/reported by: Amendment (A008) offered by Ms. Chu.(consideration: CR H5338; text: CR H5338) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 692 112 HAMDT Amendment requires the Financial Stability Oversight Council to provide live online streaming or broadcasting of Council meetings pertaining to review of Consumer Financial Protection Bureau regulations. An amendment numbered 7 printed in House Report 112-172 to require the Financial Stability Oversight Council to provide live online streaming or broadcasting of Council meetings pertaining to review of Consumer Financial Protection Bureau regulations. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Quigley amendment (A007) Agreed to by voice vote. 17:30:49 Q000023 Rep. Quigley, Mike [D-IL-5] Mike Quigley D IL 5 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 17:30:49 On agreeing to the Quigley amendment (A007) Agreed to by voice vote. Floor H32111 2 House floor actions 2011-07-21 17:27:50 Amendment (A007) offered by Mr. Quigley. (consideration: CR H5337-5338; text: CR H5337) Floor H3A100 2 House floor actions 2011-07-21 17:30:49 House amendment agreed to: On agreeing to the Quigley amendment (A007) Agreed to by voice vote. Floor 72000 9 Library of Congress 2011-07-21 17:30:49 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2011-07-21 17:27:50 House amendment offered/reported by: Amendment (A007) offered by Mr. Quigley.(consideration: CR H5337-5338; text: CR H5337) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 691 112 HAMDT Amendment sought to restore time limits in which the Financial Stability Oversight Council must review and make a determination on regulations issued by the Consumer Financial Protection Bureau. An amendment numbered 6 printed in House Report 112-172 to restore time limits in which the Financial Stability Oversight Council must review and make a determination on regulations issued by the Consumer Financial Protection Bureau. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Jackson Lee (TX) amendment (A006) Failed by recorded vote: 175 - 240 (Roll no. 617). 18:37:26 Roll no. 617 https://clerk.house.gov/evs/2011/roll617.xml J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 8 2011-07-21 18:37:26 On agreeing to the Jackson Lee (TX) amendment (A006) Failed by recorded vote: 175 - 240 (Roll no. 617). Floor H32111 2 House floor actions 617 House 112 2011-07-21T22:37:26Z 1 https://clerk.house.gov/evs/2011/roll617.xml 2011-07-21 17:19:12 Amendment (A006) offered by Ms. Jackson Lee (TX). (consideration: CR H5336-5337, H5343-5344; text: CR H5336) Floor H3A100 2 House floor actions 2011-07-21 18:37:26 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 617 House 112 2011-07-21T22:37:26Z 1 https://clerk.house.gov/evs/2011/roll617.xml 2011-07-21 18:37:26 House amendment not agreed to: On agreeing to the Jackson Lee (TX) amendment (A006) Failed by recorded vote: 175 - 240 (Roll no. 617). Floor 73000 9 Library of Congress 617 House 112 2011-07-21T22:37:26Z 1 https://clerk.house.gov/evs/2011/roll617.xml 2011-07-21 18:37:26 Roll call votes on amendments in House Floor 75000 9 Library of Congress 617 House 112 2011-07-21T22:37:26Z 1 https://clerk.house.gov/evs/2011/roll617.xml 2011-07-21 17:19:12 House amendment offered/reported by: Amendment (A006) offered by Ms. Jackson Lee (TX).(consideration: CR H5336-5337, H5343-5344; text: CR H5336) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 690 112 HAMDT Amendment sought to require specific disclosure of information related to filing agency petitions to the Financial Stability Oversight Council to overturn Consumer Financial Protection Bureau rulemaking. An amendment numbered 5 printed in House Report 112-172 to require specific disclosure of information related to filing agency petitions to the Financial Stability Oversight Council to overturn Consumer Financial Protection Bureau rulemaking. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Miller (NC) amendment (A005) Failed by recorded vote: 175 - 238 (Roll no. 616). 18:33:07 Roll no. 616 https://clerk.house.gov/evs/2011/roll616.xml M001154 Rep. Miller, Brad [D-NC-13] Brad Miller D NC 13 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 8 2011-07-21 18:33:07 On agreeing to the Miller (NC) amendment (A005) Failed by recorded vote: 175 - 238 (Roll no. 616). Floor H32111 2 House floor actions 616 House 112 2011-07-21T22:33:07Z 1 https://clerk.house.gov/evs/2011/roll616.xml 2011-07-21 17:10:25 Amendment (A005) offered by Mr. Miller (NC). (consideration: CR H5335-5336, H5343; text: CR H5335) Floor H3A100 2 House floor actions 2011-07-21 18:33:07 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 616 House 112 2011-07-21T22:33:07Z 1 https://clerk.house.gov/evs/2011/roll616.xml 2011-07-21 18:33:07 Roll call votes on amendments in House Floor 75000 9 Library of Congress 616 House 112 2011-07-21T22:33:07Z 1 https://clerk.house.gov/evs/2011/roll616.xml 2011-07-21 17:10:25 House amendment offered/reported by: Amendment (A005) offered by Mr. Miller (NC).(consideration: CR H5335-5336, H5343; text: CR H5335) NotUsed 71500 9 Library of Congress 2011-07-21 18:33:07 House amendment not agreed to: On agreeing to the Miller (NC) amendment (A005) Failed by recorded vote: 175 - 238 (Roll no. 616). Floor 73000 9 Library of Congress 616 House 112 2011-07-21T22:33:07Z 1 https://clerk.house.gov/evs/2011/roll616.xml 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 689 112 HAMDT Amendment clarifies 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. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Paulsen amendment (A004) Agreed to by voice vote. 17:10:00 P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 17:10:00 On agreeing to the Paulsen amendment (A004) Agreed to by voice vote. Floor H32111 2 House floor actions 2011-07-21 17:05:05 Amendment (A004) offered by Mr. Paulsen. (consideration: CR H5334-5335; text: CR H5334) Floor H3A100 2 House floor actions 2011-07-21 17:10:00 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2011-07-21 17:05:05 House amendment offered/reported by: Amendment (A004) offered by Mr. Paulsen.(consideration: CR H5334-5335; text: CR H5334) NotUsed 71500 9 Library of Congress 2011-07-21 17:10:00 House amendment agreed to: On agreeing to the Paulsen amendment (A004) Agreed to by voice vote. Floor 72000 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 688 112 HAMDT Amendment provides 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. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the DeFazio amendment (A003) Agreed to by voice vote. 17:46:10 D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 17:46:10 On agreeing to the DeFazio amendment (A003) Agreed to by voice vote. Floor H32111 2 House floor actions 2011-07-21 16:54:38 Amendment (A003) offered by Mr. DeFazio. (consideration: CR H5333-5334, H5340; text: CR H5333) Floor H3A100 2 House floor actions 2011-07-21 17:46:10 House amendment agreed to: On agreeing to the DeFazio amendment (A003) Agreed to by voice vote. Floor 72000 9 Library of Congress 2011-07-21 17:46:10 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2011-07-21 16:54:38 House amendment offered/reported by: Amendment (A003) offered by Mr. DeFazio.(consideration: CR H5333-5334, H5340; text: CR H5333) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 687 112 HAMDT Amendment sought to restore the requirement for a 2/3 majority vote in order for the Financial Stability Oversight Council to overrule a Consumer Financial Protection Bureau regulation. 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. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Jackson Lee (TX) amendment (A002) Failed by recorded vote: 170 - 239 (Roll no. 615). 18:28:49 Roll no. 615 https://clerk.house.gov/evs/2011/roll615.xml J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 8 2011-07-21 18:28:49 On agreeing to the Jackson Lee (TX) amendment (A002) Failed by recorded vote: 170 - 239 (Roll no. 615). Floor H32111 2 House floor actions 615 House 112 2011-07-21T22:28:49Z 1 https://clerk.house.gov/evs/2011/roll615.xml 2011-07-21 16:45:43 Amendment (A002) offered by Ms. Jackson Lee (TX). (consideration: CR H5330-5333, H5342-5343; text: CR H5330) Floor H3A100 2 House floor actions 2011-07-21 18:28:49 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 615 House 112 2011-07-21T22:28:49Z 1 https://clerk.house.gov/evs/2011/roll615.xml 2011-07-21 18:28:49 House amendment not agreed to: On agreeing to the Jackson Lee (TX) amendment (A002) Failed by recorded vote: 170 - 239 (Roll no. 615). Floor 73000 9 Library of Congress 615 House 112 2011-07-21T22:28:49Z 1 https://clerk.house.gov/evs/2011/roll615.xml 2011-07-21 18:28:49 Roll call votes on amendments in House Floor 75000 9 Library of Congress 615 House 112 2011-07-21T22:28:49Z 1 https://clerk.house.gov/evs/2011/roll615.xml 2011-07-21 16:45:43 House amendment offered/reported by: Amendment (A002) offered by Ms. Jackson Lee (TX).(consideration: CR H5330-5333, H5342-5343; text: CR H5330) NotUsed 71500 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress 686 112 HAMDT Amendment sought to strike Section 1023 of the Dodd-Frank Act giving the Financial Stability Oversight Council the ability to override Consumer Financial Protection Bureau rules. An amendment numbered 1 printed in House Report 112-172 to strike Section 1023 of the Dodd-Frank Act giving the Financial Stability Oversight Council the ability to override Consumer Financial Protection Bureau rules. 2022-02-03T06:03:13Z 2011-07-21 On agreeing to the Maloney amendment (A001) Failed by voice vote. 16:45:11 M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2011-07-21T04:00:00Z House of Representatives 112 HR House H 1315 Consumer Financial Protection Safety and Soundness Improvement Act of 2011 2023-01-11T13:22:49Z House Report 112-172 https://www.congress.gov/congressional-report/112th-congress/house-report/172 7 2011-07-21 16:45:11 On agreeing to the Maloney amendment (A001) Failed by voice vote. Floor H32111 2 House floor actions 2011-07-21 16:36:16 Amendment (A001) offered by Mrs. Maloney. (consideration: CR H5329-5330; text: CR H5329) Floor H3A100 2 House floor actions 2011-07-21 16:45:11 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 2011-07-21 16:36:16 House amendment offered/reported by: Amendment (A001) offered by Mrs. Maloney.(consideration: CR H5329-5330; text: CR H5329) NotUsed 71500 9 Library of Congress 2011-07-21 16:45:11 House amendment not agreed to: On agreeing to the Maloney amendment (A001) Failed by voice vote. Floor 73000 9 Library of Congress 2011-07-21 House amendment offered Floor 71000 9 Library of Congress Referred in Senate 2011-07-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1315rfs/xml/BILLS-112hr1315rfs.xml Engrossed in House 2011-07-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1315eh/xml/BILLS-112hr1315eh.xml Reported in House 2011-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1315rh/xml/BILLS-112hr1315rh.xml Introduced in House 2011-04-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1315ih/xml/BILLS-112hr1315ih.xml 2011-07-22 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.