S.Amdt. 3968Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3968
Sponsored by
Sen. Jon Tester (D-MT)
Submitted May 11, 2010
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Senate amendment submitted
May 11, 2010
Text
Submitted
SA 3968. Mr. TESTER (for himself, Mrs. Murray, and Mr. Baucus) 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 1235, strike lines 6 through 10 and insert the following: (A) the Bureau shall consider-- (i) the potential benefits and costs to consumers and covered persons, including the potential reduction of access by consumers to consumer financial products or services resulting from such rule; and (ii) the impact of proposed rules on covered persons, as described in section 1026, and the impact on consumers in rural areas; ______