S.Amdt. 3968Senate111th Congress (2009-2011)2nd degree

S.Amdt. 3968

Sponsored by Jon TesterSen. 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;
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