S.Amdt. 3869Senate111th Congress (2009-2011)3rd degree
S.Amdt. 3869
Sponsored by
Sen. John Ensign (R-NV)
Submitted May 6, 2010
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Senate amendment submitted
May 6, 2010
Text
Submitted
SA 3869. Mr. ENSIGN submitted an amendment intended to be proposed to amendment SA 3787 submitted by Mr. Brown of Ohio (for himself and Mr. Kaufman) and intended to be proposed to the amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ``too big to fail'', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: On page 3 of the amendment, strike lines 11 through 13 and insert the following: (2) Financial company.--The term ``financial company'' means-- (A) any nonbank financial company supervised by the Board; (B) the Federal National Mortgage Association; and (C) the Federal Home Loan Mortgage Corporation. ______