S.Amdt. 3881

SA 3881. Mr. BROWN of Massachusetts submitted an amendment intended
to be proposed to 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 1062, after line 25, insert the following:
(e) Office of Service Member Affairs.--
(1) Establishment.--The Director shall establish within the
Bureau the Office of Service Member Affairs.
(2) Functions.--The Office of Service Member Affairs shall
have such powers and duties as the Director may delegate to
that Office, with respect to the drafting and enforcement of
any special consumer financial protection rules that apply to
members of the Armed Forces.
(3) Administration of office.--There is established the
position of Assistant Director of the Bureau for Service
Member Affairs, who--
(A) shall be appointed by the Director; and
(B) shall carry out such duties as the Director may
delegate to such Assistant Director.
(4) Definition.--As used in this subsection, the term
``member of the Armed Forces'' means any member of the United
States Armed Forces and any member of the National Guard or
Reserves.
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