To amend the definition of the term "financial company" for purposes of limits on nondesposit liabilities.

SA 3898. Mr. ENSIGN proposed an amendment to amendment SA 3733
proposed by Mr. Brown of Ohio (for himself, Mr. Kaufman, Mr. Casey, Mr.
Whitehouse, Mr. Merkley, Mr. Harkin, Mr. Sanders, and Mr. Burris) 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; as
follows:

On page 2 of the amendment, strike lines 11 through 15 and
insert the following:
(1) 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.
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