FRAUD ENFORCEMENT AND RECOVERY ACT (FERA)

Amendments

Enact (S. 386), S4531, S4538, S4539, S4540, S4542, S4543, S4552, S4554, S4555, S4557, S4558, S4559, S4588, S4589, S4590, S4591, S4592, S4593, S4594, S4595 [22AP], S4605, S4607, S4608, S4611, S4615, S4616, S4620, S4631, S4700, S4701, S4702, S4703, S4704 [23AP], S5495, S5537 [14MY], H5686 [18MY]

Articles and editorials

Financial Fraud Is Focus of Attack by Prosecutors, S4534 [22AP]

Fraud Factor, S4534 [22AP]

Stimulus Spending Remains Ripe for Fraud, S4534 [22AP]

Bills and resolutions

Enact (see S. 386), S1677 [5FE]

Cloture motions

Enact (S. 386), S4657 [23AP], S4740 [27AP]

———motion to proceed, S4399 [2AP]

E-mails

Protect consumers from usury: several Vermont citizens, S4629 [23AP], S4734 [27AP]

Letters

Provisions: Chuck Canterbury, Fraternal Order of Police, S4738 [27AP]

———Jon Adler, Federal Law Enforcement Officers Association, S4739 [27AP]

———Joseph E.B. White, Taxpayers Against Fraud (organization), S4739 [27AP]

———Richard Delonis, National Association of Assistant U.S. Attorneys, S4739 [27AP]

———Scott J. Grossfield, Association of Certified Fraud Examiners, S4739 [27AP]

Remarks in House

Enact (S. 386), H5106 [5MY], H5260-H5270 [6MY], H5550 [13MY], E1090, E1100 [7MY], E1295-E1300 [3JN]

———Senate amendment, H5686-H5688 [18MY], E1198 [19MY]

FBI: authorize additional appropriations to enhance ability to stop mortgage fraud, H5264 [6MY]

Remarks in Senate

Committee on the Investigation of the Economic Crisis (Senate, Select): establish, S4545-S4554 [22AP]

Credit: protect consumers from usury, S4629 [23AP], S4733 [27AP]

Crime: clarify that the proceeds of specified unlawful activity include the gross receipts and not just the profits of that unlawful activity, S4545 [22AP]

Dept. of HUD: provide additional resources for program advertising, Housing Counseling Assistance Program, and Office of Fair Housing and Equal Opportunity personnel, S4538, S4561 [22AP]

———strengthen regulations to prevent, detect, and prosecute certain fraudulent practices of reverse mortgage industry, S4628, S4629 [23AP]

Dept. of Justice: clarify that major fraud against the Government includes Troubled Asset Relief Program funds, S4541 [22AP]

———provide grants to States to protect older Americans from misleading and fraudulent marketing practices, with the goal of increasing retirement security, S4612 [23AP]

Dept. of Labor: prohibit use of Federal funds to withdraw a rule pertaining to labor unions filing of annual financial reports, S4620 [23AP]

Dept. of the Treasury: allow use of Troubled Asset Relief Program funds to improve enforcement of mortgage fraud, securities fraud, financial institution fraud and other frauds related to Federal assistance and relief programs, S4559 [22AP]

———authorize and remove impediments to the repayment of funds received under the Troubled Asset Relief Program, S4555 [22AP]

———impose certain requirements on public-private investment fund programs, S4616 [23AP]

———prohibit use of Troubled Asset Relief Program funds for purchase of common stock, S4608 [23AP]

———require any amounts repaid by financial institutions receiving Troubled Asset Relief Program assistance be used for debt reduction, S4606, S4607 [23AP]

———Special Inspector General for the Troubled Asset Relief Program funding to audit and investigate recipients of non-recourse Federal loans under certain Federal assistance and relief programs, S4556 [22AP]

Enact (S. 386), S1681-S1684 [5FE], S2315 [13FE], S2359 [23FE], S3066 [12MR], S4531-S4561 [22AP], S4603-S4621, S4628-S4633, S4653, S4657 [23AP], S4725, S4735-S4741 [27AP], S4774-S4781, S4784 [28AP], S5183 [6MY], S13363 [17DE]

———House amendment, S5494, S5495 [14MY]

———motion to proceed, S4408-S4415, S4420, S4424 [20AP], S4498 [21AP]

———unanimous-consent agreement, S4554 [22AP], S4763 [27AP]

———unanimous-consent request, S4723 [24AP]

English language: declare as national language of U.S., S4554 [22AP]

False Claims Act: limit amount that may be deducted from proceeds due to the U.S. for purposes of compensating private intervenors, S4609-S4614, S4617 [23AP]

———modify definition of obligation, S4539, S4543 [22AP]

Federal Housing Finance Agency: require the Inspector General to investigate activities by housing-related Government-sponsored enterprises that may have contributed to mortgage crisis, S4609 [23AP]

Financial institutions: modify current money laundering statute to include certain entities involved in financial transactions, such as hedge funds, private investment vehicles, and company formation agents, S4560, S4561 [22AP]

Financial Markets Commission: establish, S4543, S4545, S4547-S4552 [22AP]

SEC: provide additional funding for investigations and enforcement proceedings involving financial institutions, S4614, S4615, S4621 [23AP]

Reports filed

Provisions: Committee on the Judiciary (Senate) (S. 386), S2827 [5MR]

———Committee on the Judiciary (Senate) (S. 386) (S. Rept. 111-10), S3609 [23MR]

Statements

Provisions: Executive Office of the President, S4533 [22AP]

Texts of

S. 386, provisions, S1682-S1684 [5FE], S4777-S4781 [28AP], H5260-H5264 [6MY]