S.Amdt. 4027Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4027

Submitted May 13, 2010

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Senate amendment submitted

May 13, 2010

Text

Submitted

SA 4027. Mrs. McCASKILL 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 1552, line 12, strike ``Selection of the
president'' and insert ``Class b directors''.
On page 1552, beginning on line 16, strike ``the
President'' and all that follows through ``years'' on line 19
and insert the following: ``the Class B directors of the
Federal Reserve Bank of New York shall be designated by the
Board of Governors''.
On page 1552, line 21, insert ``of new york'' after
``bank''.
On page 1553, line 1, strike ``supervised by the Board''
and insert ``subject to enhanced supervision and prudential
standards under section 115''.
On page 1553, beginning on line 2, strike ``a Federal
reserve bank, and no past or'' and insert ``the Federal
Reserve Bank of New York, and no''.
On page 1553, line 6, strike ``a Federal reserve bank'' and
insert ``the Federal Reserve Bank of New York''.
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