THE DAILY WHIP: THURSDAY, JULY 21, 2011

For Immediate Release:

July 21, 2011

Contact:

Katie GrantDaniel Reilly, 202-225-3130

House Meets At: First Vote Predicted: Last Vote Predicted:
10:00 a.m.: Morning Hour
12:00 p.m.: Legislative Business

Fifteen “One Minutes” per side

12:30 - 1:30 p.m. 6:00 - 7:00 p.m.
**Members are advised that last votes could be after the 7:00 p.m. deadline set by the GOP leadership. Following last votes, the House is expected to begin consideration of H.R. 2551
 
H.Res. 358 - Rule providing for consideration of H.R. 1315 - Consumer Financial Protection Safety and Soundness Improvement Act of 2011, as amended (Rep. Duffy– Financial Services) (One hour of debate) The Rules committee has recommended a structured Rule that provides one hour of general debate equally divided between the Chair and Ranking Member of the Committee on Financial Services. The Rule makes in order 11 amendments and allows one motion to recommit. It also waives all points of order against consideration of the bill.
 
The Rule provides that after final passage of H.R. 1315, the Clerk shall include the text of H.R. 830 - Refinance Program Termination Act, as passed by the House, as part of the text of H.R. 1315. This is to circumvent a violation of the ‘cut-go’ Rule, but using this procedure is a direct violation of their ‘3 calendar day Rule’ and their ’72 hour Rule’. Members are urged to VOTE NO on the Rule.
 
H.R. 1315 - Consumer Financial Protection Safety and Soundness Improvement Act of 2011, as amended (Rep. Duffy– Financial Services) (One hour of general debate) On the 1 year anniversary of Dodd-Frank being enacted into law, H.R. 1315 would seek to remove a few key pieces to the legislation. H.R. 1315, which incorporates the text of three separate measures, would make major changes to the Bureau of Consumer Financial Protection (CFPB). The bill replaces the director of the CFPB with a five-member commission, changes the vote required to set aside a CFPB regulation from two-thirds to a simple majority, and delays the transfer of certain consumer protection functions to the new agency.
 
The Rule provides that upon final passage, the Clerk shall engross the bill in combination with H.R. 830, and merge the two bills into one text. H.R. 830, which passed the House with a vast majority of Democrats opposing the legislation, sought to terminate the FHA refinance program.
 
The Rule makes in order the following amendments, each debatable for 10 minutes, equally divided between the offeror and an opponent. The amendments made in order are:
 
Ellison Amendment. Relating to section 1023 of the Dodd-Frank Act
Jackson - Lee Amendment #4. Relating to the 2/3 vote for the FSOC
DeFazio Amendment. Relating to conflicts of interest for members of the FSOC
Paulsen Amendment. Relating to petitions for CFPB rules
Brad Miller Amendment. Relating to disclosure of agency petitions
Jackson - Lee Amendment #3. Relating to time limits for review by the CFPB
Quigley Amendment. Relating to live coverage of FSOC meetings
Chu Amendment. Relating to additional responsibilities of the Commissioner of the CFPB
Maloney Amendment. Relating to a potential transfer of authority to the Treasury department
Lankford Amendment. Relating to yearly reports on regulations issued, etc.
Rigell Amendment. Relating to analysis of regulations’ potential impact
 
Bill Text for H.R. 1315:
HTML Version
PDF Version    
Background for H.R. 1315:
 
H.Res. 359 - Rule providing for consideration of H.R. 2551 - Legislative Branch Appropriations Act, 2012 (Rep. Crenshaw - Appropriations) (One hour of debate) The Rules committee has recommended a structured Rule that provides one hour of general debate equally divided between the Chair and Ranking Member of the Committee on Appropriations. The Rule makes in order 16 amendments and allows one motion to recommit. It also waives all points of order against consideration of the bill.
 
Begin consideration of H.R. 2551 - Legislative Branch Appropriations Act, 2012 (Rep. Crenshaw - Appropriations) H.R. 2551 makes appropriations for the U.S. House of Representatives and other agencies and programs affiliated with the House, like the Capitol Police, AOC, etc. The bill appropriates $3.3 billion for the legislative branch operations. This amount represents a 6.4 percent reduction from fiscal year 2011 and a 9 percent reduction from fiscal year 2010.
 
The House is expected to consider general debate of H.R. 2551, following last votes today. Consideration of amendments is expected to begin tomorrow.
 
Bill Text for H.R. 2551:
HTML Version
PDF Version    
Background for H.R. 2551:
 
TOMORROW’S OUTLOOK
The GOP Leadership has announced the following schedule for Friday, July 22: The House will meet at 9:00 a.m. for legislative business. The House is expected to complete consideration of H.R. 2551 - Legislative Branch Appropriations Act, 2012 (Rep. Crenshaw - Appropriations) (Subject to a Rule).
 
The Daily Quote
“Republicans who have refused to compromise with President Barack Obama to avoid a U.S. debt default are heeding the anti-tax wishes of their conservative base but are also risking isolation from many independent voters as public opinion shifts in favor of getting a deal done, a new Wall Street Journal/NBC News poll finds. Of those polled, 58% said they supported Mr. Obama's approach...In comparison, 36% said they backed the leading proposal among congressional Republicans...62% of all Americans, and 61% of political independents, said the GOP should agree to raise taxes to get a deal on the debt ceiling…”
 
-     The Wall Street Journal, 7/20/11