| 00:01:20 |
THE PRESIDENT PRO TEMPORE, -
THE CHAPLAIN: GRACIOUS, LIBERATING GOD, WHO HAS CREATED US AS FREE WOMEN AND MEN TO LOVE YOU AND SERVE YOU BY WORKING TO ASSURE THE PERSONAL, SPIRITUAL,...
|
| 00:01:41 |
THE CHAPLAIN, -
PEOPLE. TODAY WE CELEBRATE THE ANNIVERSARY OF THE FIRST PUBLIC READING OF THE DECLARATION OF INDEPENDENCE BY COLONEL JOHN NIXON AND THE RINGING OF THE...
|
| 00:03:29 |
THE PRESIDENT PRO TEMPORE, -
THE PRESIDENT PRO TEMPORE: THE SENATE WILL BE IN ORDER. UNDER THE PREVIOUS ORDER, THE LEADERSHIP TIME IS RESERVED. THE SENATOR FROM NEVADA. MR. REID:...
|
| 00:04:21 |
THE PRESIDENT PRO TEMPORE, -
IT'S MY UNDERSTANDING THAT H.R. 4231 IS NOW AT THE DESK. THE PRESIDING OFFICER: THE SENATOR IS CORRECT. MR. REID: AND DUE FOR ITS SECOND READING....
|
| 00:04:40 |
MR. REID, -
H.R. 4231, AN ACT TO IMPROVE SMALL BUSINESS ADD CREATION AND FOR
|
| 00:04:45 |
THE PRESIDING OFFICER, -
OTHER -- ADVOCACY AND FOR OTHER PURPOSES.
|
| 00:04:47 |
MR. REID, -
THE PRESIDING
|
| 00:04:48 |
THE PRESIDING OFFICER, -
OFFICER: OBJECTION HAVING BEEN HEARD TO A SECOND READING
|
| 00:04:50 |
Reid, Harry - U.S. Senator, [D] Nevada
OF THE BILL, THE BILL WILL BE PLACED ON THE CALENDAR. UNDER THE PREVIOUS ORDER, THE SENATE WILL NOW PROCEED
|
| 00:04:56 |
THE PRESIDING OFFICER, -
TO THE CONSIDERATION OF S. 2673, WHICH THE CLERK WILL REPORT. THE CLERK:
|
| 00:05:02 |
THE CLERK, -
CALENDAR NUMBER 442, S. 2673, A BILL TO IMPROVE QUALITY AND
|
| 00:05:08 |
THE PRESIDING OFFICER, -
TRANSPARENCY IN FINANCIAL REPORTING AND INDEPENDENT AUDITS AND ACCOUNTING SERVICES FOR PUBLIC COMPANIES TO CREATE A PUBLIC COMPANY ACCOUNTING OVERSIGHT...
|
| 00:05:22 |
THE CLERK, -
THE PRESIDENT PRO TEMPORE: THE SENATOR FROM MARYLAND, MR. SARBANES, THE MANAGER OF THE BILL IS RECOGNIZED. MR. SARBANES: I THANK THE CHAIR. MR. PRESIDENT,...
|
| 00:05:47 |
THE PRESIDENT PRO TEMPORE, -
2002, WHICH WAS REPORTED FROM THE SENATE COMMITTEE ON BANKING,
|
| 00:05:52 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
HOUSING, AND URBAN AFFAIRS ON THE 18TH OF JUNE ON A STRONG 17-4 VOTE. A UNANIMOUS CONSENT AGREEMENT WAS ENTERED INTO WITH RESPECT TO THIS -- TO THIS LEGISLATION...
|
| 00:44:29 |
Gramm, William "Phil" Philip - U.S. Senator, [R] Texas
HAVE THAT RIGHT. IF YOU THINK IT WILL WORK BETTER DOING IT THAT WAY, THAT'S FINE. IF YOU WANT TO BREAK AT SOME POINT AND HAVE ME SPEAK, THAT WILL BE FINE,...
|
| 00:44:57 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
AUDITS. IT WILL ININSPECT ACCOUNTING FIRMS THAT CONDUCT THOSE. IT WILL INVESTIGATE VIOLATIONSS OF APPLICABLE RULES AND COMBOLESE SANCTIONS IF THOSE...
|
| 01:21:30 |
MR. GRAMM, -
SENATOR DOMENICI'S STAFF, HAVE ACCESS
|
| 01:21:32 |
THE PRESIDING OFFICER, -
TO THE FLOOR DURING THE PENDENCY OF THIS BILL. I ASK UNANIMOUS CONSENT. THE PRESIDING OFFICER: WITHOUT OBJECTION, SO ORDERED. MR. GRAMM: MR. PRESIDENT,...
|
| 01:21:39 |
MR. GRAMM, -
THANKING SENATOR SARBANES FOR WORKING WITH ME AS WE HAVE CONSIDERED THIS BILL. I WANT TO CONGRATULATE HIM ON THIS DAY THAT WE ARE CONSIDERING...
|
| 01:21:55 |
THE PRESIDING OFFICER, -
A SERIES OF HEARINGS
|
| 01:21:57 |
Gramm, William "Phil" Philip - U.S. Senator, [R] Texas
THAT I WISH EVERY MEMBER OF THE SENATE COULD HAVE ATTENDED ATTENDED. I AM NOT SURPRISED THAT AT THE END OF THOSE HEARINGS, THAT GOOD PEOPLE WITH THE...
|
| 02:11:31 |
THE PRESIDING OFFICER, -
OUTSTANDING EXPLANATIONS OF BOTH THE BILL AND
|
| 02:11:34 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
PROBLEMS THAT WE'RE HAVING IN THE WORLD TODAY. I DON'T THINK YOU CAN GET A CLEARER EXPLANATION OF EITHER OF THOSE THINGS THAN WE'VE JUST HEARD. THEY...
|
| 02:36:40 |
MR. SARBANES, -
TECHNICAL CHANGE
|
| 02:36:41 |
THE PRESIDING OFFICER, -
TO CONFORM WITH BUDGET
|
| 02:36:43 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
RULES. AND ONE A CONFORMING CHANGE INVOLVING THE DEFINITION OF ISSUER. WE'VE DISCUSSED IT, AND IT'S BEEN CLEARED. AND I'D LIKE TO GO AHEAD AND TAKE...
|
| 02:37:17 |
THE PRESIDING OFFICER, -
ABOUT US DOING T. THE PRESIDING OFFICER: IS THERE OBJECTION? WITHOUT OBJECTION,
|
| 02:37:20 |
MR. GRAMM, -
SO ORDERED.
|
| 02:37:21 |
THE PRESIDING OFFICER, -
THE CLERK WILL
|
| 02:37:22 |
Gramm, William "Phil" Philip - U.S. Senator, [R] Texas
REPORT. THE CLERK: THE SENATOR FROM MARYLAND, MR. SARBANES, PROPOSES AN AMENDMENT NUMBERED 4173. MR. SARBANES: MR. PRESIDENT, I ASK UNANIMOUS...
|
| 02:37:38 |
THE PRESIDING OFFICER, -
FURTHER DEBATE, WITHOUT OBJECTION, THE AMENDMENT IS AGREED TO. MR. SARBANES: MR. PRESIDENT, I MOVE TO RECONSIDER
|
| 02:37:43 |
THE CLERK, -
THE VOTE. I MOVE TO LAY THAT ON THE TABLE. THE PRESIDING OFFICER: WITHOUT OBJECTION. MR.
|
| 02:37:50 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
SARBANES: MR. PRESIDENT, I SUGGEST THE ABSENCE OF A QUORUM. THE
|
| 02:37:53 |
THE PRESIDING OFFICER, -
PRESIDING OFFICER: THE CLERK WILL CALL THE ROLL. QUORUM CALL:
|
| 02:38:01 |
MR. SARBANES, -
|
| 02:38:07 |
THE PRESIDING OFFICER, -
|
| 02:38:11 |
MR. SARBANES, -
|
| 02:38:13 |
THE PRESIDING OFFICER, -
MR. REID: MR. PRESIDENT? THE PRESIDING OFFICER: IS THE CHAIR RECOGNIZES THE SENATOR FROM NEVADA. MR. REID: MR. PRESIDENT, WE ARE NOT IN A QUORUM CALL;...
|
| 02:38:37 |
MR. REID, -
TIMED AND WELL DONE.
|
| 02:38:38 |
THE PRESIDING OFFICER, -
MR.
|
| 02:38:40 |
MR. REID, -
PRESIDENT, I RECEIVED A LETTER TODAY FROM THE
|
| 02:38:44 |
THE PRESIDING OFFICER, -
SECRETARY OF STATE, THE STATE
|
| 02:38:45 |
MR. REID, -
OF NEVADA, A REPUBLICAN, WHO, BY THE
|
| 02:38:48 |
THE PRESIDING OFFICER, -
WAY,
|
| 02:38:49 |
Reid, Harry - U.S. Senator, [D] Nevada
IS -- THE SENATOR FROM CON CONDITION IS ON THE FLOOR. THE SECRETARY OF STATE WORKED VERY CLOSELY WITH THE SENATOR FROM CONNECTICUT ON THE ELECTION REFORM...
|
| 02:40:56 |
MR. SARBANES, -
A VERY, VERY GOOD
|
| 02:40:57 |
MR. REID, -
ELECTION REFORM BILL, HE'S
|
| 02:40:59 |
MR. SARBANES, -
VERY PROGRESSIVE, A FINE SECRETARY OF STATE, AND HE THROUGHOUT THIS LETTER
|
| 02:41:04 |
MR. REID, -
ACKNOWLEDGES HOW IMPORTANT THIS LEGISLATION IS AND HOW
|
| 02:41:06 |
MR. SARBANES, -
GOOD IT IS. AND I WANTED THIS TO BE SPREAD ON THE RECORD
|
| 02:41:09 |
Reid, Harry - U.S. Senator, [D] Nevada
BEFORE MY FRIEND'S ATTENTION WAS DIVERTED. MR. SARBANES: I APPRECIATE THE SENATOR'S COMMENTS. MR. REID: MY FRIEND, SECRETARY OF STATE HELLER GOES...
|
| 02:41:33 |
MR. SARBANES, -
OPPOSE ANY AMENDMENT TO THIS TITLE TO REDUCE OUR ABILITY
|
| 02:41:37 |
Reid, Harry - U.S. Senator, [D] Nevada
TO INVESTIGATE WRONGDOING AND TAKEN FORCEMENT ACTIONS AGAINST SECURITY ANALYSTS. HOWEVER, AN INDUSTRY AMENDMENT THAT WILL PROHIBIT STATE SECURITY REGULATORS...
|
| 02:42:37 |
THE PRESIDING OFFICER, -
EXECUTIVES BILKING EMPLOYEES AND INVESTORS. AND OF AUDITORS WHO LOOK THE OTHER WAY,
|
| 02:42:43 |
Reid, Harry - U.S. Senator, [D] Nevada
OF BOARDS OF DIRECTORS FAILING TO PROVIDE THE OVERSIGHT EXPECTED OF THEM AND WELL-CONNECTED INVESTORS BUYING OR SELLING STOCK BASED ON INSIDE INFORMATION....
|
| 02:52:46 |
THE PRESIDING OFFICER, -
STUDENTS OF THE CONGRESS WHO WISH TO FIND A GOOD EXAMPLE OF HOW TO
|
| 02:52:53 |
Dodd, Christopher "Chris" J. - U.S. Senator, [D] Connecticut
PREPARE A COMMITTEE AND ULTIMATELY THE CHAMBER FOR A MOMENT SUCH AS THIS, THEN A GOOD MODEL TO USE WOULD BE THE HEARINGS CONDUCTED BUILT CHAIRMAN OF...
|
| 03:08:09 |
MR. SARBANES, -
FROM
|
| 03:08:10 |
THE PRESIDING OFFICER, -
CONNECTICUT AND HIS COLLEAGUE
|
| 03:08:11 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
FROM NEW JERSEY, SENATOR CORZINE, MADE WHEN THEY CAME FORWARD FAIRLY EARLY ON IN THE PROCESS WITH S. 2004 2004. MUCH OF THAT LEGISLATION IS INCLUDED...
|
| 03:10:35 |
MR. DODD, -
|
| 03:10:39 |
MR. SARBANES, -
|
| 03:10:41 |
THE PRESIDING OFFICER, -
THE PRESIDING OFFICER: THE SENATOR FROM MARYLAND. MR. SARBANES: I ASK THE CALL FOR THE QUORUM BE DISPENSED WITH. THE PRESIDING OFFICER: WITHOUT...
|
| 03:11:04 |
THE PRESIDING OFFICER, -
BE GRANTED THE PRIVILEGE OF THE FLOOR DURING THE SENATE'S
|
| 03:11:07 |
MR. SARBANES, -
CONSIDERATION OF THE PENDING
|
| 03:11:09 |
THE PRESIDING OFFICER, -
MATTER, S. 2673. THE PRESIDING
|
| 03:11:11 |
Sarbanes, Paul S. - U.S. Senator, [D] Maryland
OFFICER: WITHOUT OBJECTION, IT'S SO ORDERED. MR. DORGAN: I MAKE A POINT OF ORDER THAT A QUORUM IS NOT PRESENT. THE PRESIDING OFFICER: THE CLERK WILL...
|
| 03:11:31 |
THE PRESIDING OFFICER, -
|
| 03:11:41 |
MR. DORGAN, -
|
| 03:11:44 |
THE PRESIDING OFFICER, -
WHETHER DORGAN: MR. PRESIDENT, I ASK UNANIMOUS CONSENT THE QUORUM CALL BE VACATED. THE PRESIDING OFFICER: WITHOUT OBJECTION, SO ORDERED. FROM DORGAN:...
|
| 03:13:32 |
THE PRESIDING OFFICER, -
DONE THIS SENATE AND I THINK THIS COUNTRY
|
| 03:13:35 |
THE PRESIDING OFFICER, -
A GREAT SERVICE
|
| 03:13:37 |
MR. DORGAN, -
BY, ALONG WITH HIS
|
| 03:13:38 |
THE PRESIDING OFFICER, -
COLLEAGUES, INCLUDING THE PRESIDING OFFICER, WRITING A PIECE
|
| 03:13:40 |
MR. DORGAN, -
OF LEGISLATION THAT ADDRESSES A CRITICALLY IMPORTANT TOPIC AT
|
| 03:13:43 |
THE PRESIDING OFFICER, -
A VERY IMPORTANT TIME IN THIS
|
| 03:13:45 |
Dorgan, Byron L. - U.S. Senator, [D] North Dakota
COUNTRY COUNTRY. AND I WANT TO TALK JUST A BIT ABOUT WHAT THIS ISSUE IS FOR ME AND PERHAPS SOME WAYS THAT I BELIEVE WE CAN STRENGTHEN THIS BILL. I LISTENED...
|
| 03:36:53 |
THE PRESIDING OFFICER, -
RIVER
|
| 03:36:55 |
Bond, Christopher "Kit" - U.S. Senator, [R] Missouri
QUESTIONS AND INITIALLY THE STAFF LEVEL SAID I WASN'T GOING TO BE ABLE TO TESTIFY. AND I WAS GOING TO THEREFORE HAVE TO SHARE WITH THE ENTIRE BODY MY...
|
| 03:37:44 |
Dorgan, Byron L. - U.S. Senator, [D] North Dakota
HOPE HAD BEEN WE COULD DO A HEARING WITH ALL OF THOSE GROUPS AND THEN A SEPARATE HEARING OF WHICH WE WOULD HEAR FROM ALL MEMBERS OF CONGRESS WHO WANT...
|
| 03:38:58 |
Bond, Christopher "Kit" - U.S. Senator, [R] Missouri
PRESIDENT, TO JOIN IN EXPRESSING MY CONCERN ABOUT RECENT ACCOUNTING PRACTICES IN PUBLICLY-HELD COMPANIES AND THEIR AUDITORS. AS A FORMER STATE...
|
| 03:46:05 |
THE PRESIDING OFFICER, -
YOU, MR. PRESIDENT. ALL OF US ARE
|
| 03:46:08 |
Reid, Harry - U.S. Senator, [D] Nevada
JUST RETURNING FROM THE 4TH OF JULY RECESS, AND IT'S A GRAND TIME, I'M SURE, ACROSS THE UNITED STATES. IT WAS PARTICULARLY A GRAND TIME IN WYOMING....
|
| 03:46:23 |
THE PRESIDING OFFICER, -
REALLY OUR ONLY TIME
|
| 03:46:25 |
Enzi, Michael "Mike" B. - U.S. Senator, [R] Wyoming
OUTDOORS. GET A LITTLE BIT OF A SUNTAN. UNFORTUNATELY IT GOES FROM THE WRIST TO THE TIP OF THE FINGERS. BUT IT'S A GRAND TIME, AND I WANT TO SHARE...
|
| 03:55:07 |
THE PRESIDING OFFICER, -
n THE PRESIDING OFFICER: THE SENATOR FROM PENNSYLVANIA. MR. SPECTER: MR. PRESIDENT, I ASK UNANIMOUS CONSENT FURTHER PROCEEDINGS UNDER THE QUORUM CALL...
|
| 04:10:43 |
THE PRESIDING OFFICER, -
FOUND MANY, MANY CONCERNS AMONG
|
| 04:10:46 |
MR. SPECTER, -
MY CONSTITUENTS, THE ISSUE OF PRESCRIPTION DRUGS, THE CONCERN ABOUT WHAT
|
| 04:10:51 |
THE PRESIDING OFFICER, -
IS
|
| 04:10:52 |
Specter, Arlen - U.S. Senator, [R] Pennsylvania
HAPPENING WITH RESPECT TO IRAQ, THE ISSUE OF TERRORISM, WHICH CONFRONTS THE UNITED STATES. THE CONCERN ABOUT WHAT MIGHT HAPPEN ON JULY 4TH. CONCERN...
|
| 04:14:30 |
THE PRESIDING OFFICER, -
SUFFERING FROM LOW MEDICARE REIMBURSEMENTS, WHICH HAVE CAUSED THEM GREAT
|
| 04:14:40 |
Specter, Arlen - U.S. Senator, [R] Pennsylvania
DISADVANTAGE BECAUSE THEIR NURSES, THEIR MEDICAL PERSONNEL, ARE MOVING TO SURROUNDING AREAS. AND I REFER SPECIFICALLY TO LUCERNE COUNTY, LACK WANNA...
|
| 04:25:33 |
THE PRESIDING OFFICER, -
LETTERS, -- LETTERS
|
| 04:25:36 |
Specter, Arlen - U.S. Senator, [R] Pennsylvania
SET FORTH IN SOME DETAIL, MR. PRESIDENT, THAT I WILL NOT TAKE THE TIME TO READ NOW, BUT THE THEME IS THE SAME SAME. THESE ARE HOSPITALS IN GREAT FINANCIAL...
|
| 04:25:50 |
THE PRESIDING OFFICER, -
IN NORTHEASTERN PENNSYLVANIA. SIMILAR CIRCUMSTANCES EXIST
|
| 04:25:55 |
Specter, Arlen - U.S. Senator, [R] Pennsylvania
IN MERCER COUNTY AND THE WAY TO CORRECT THIS IS TO MAKE THE ADJUSTMENT WHICH IS PRESENT IN THE HOUSE BILL WHICH CAN BE ACCOMPLISHED BY THE SENATE RECEDING...
|
| 04:27:50 |
THE PRESIDING OFFICER, -
MR. REID: MR. PRESIDENT, I ASK YOU UNANIMOUS CONSENT THAT THE CALL OF THE QUORUM BE TERMINATED. THE PRESIDING OFFICER: WITHOUT OBJECTION. MR. REID:...
|
| 04:36:23 |
MR. REID, -
TODAY BY THE MAJORITY AND REPUBLICAN LEADERS. THE PRESIDING OFFICER: THE CLERK WILL REPORT.
|
| 04:36:28 |
THE PRESIDING OFFICER, -
THE CLERK:
|
| 04:36:29 |
MR. REID, -
S. RES. 299,
|
| 04:36:31 |
THE PRESIDING OFFICER, -
A RESOLUTION TO AUTHORIZE
|
| 04:36:33 |
MR. REID, -
TESTIMONY, DOCUMENT PRODUCTION AND LEGAL REPRESENTATION IN CITY OF COLUMBUS
|
| 04:36:38 |
Reid, Harry - U.S. Senator, [D] Nevada
V. JACQUELINE DOWNY. THE PRESIDING OFFICER: THE SENATE
|
| 04:36:45 |
THE PRESIDING OFFICER, -
WILL PROCEED TOED MEASURE. MR. REID: I ASK UNANIMOUS CONSENT THAT THE PREAMBLE BE
|
| 04:36:51 |
THE CLERK, -
AGREED TO EN BLOC, A MOTION BY THE MAJORITY LEADER INERTED IN THE RECORD WITHOUT ANY INTERVENING ACTION OR DEBATE. THE PRESIDING OFFICER: WITHOUT...
|
| 04:37:04 |
THE PRESIDING OFFICER, -
AND ENTREPRENEURSHIP COMMITTEE BE DISCHARGED FROM FURTHER CONSIDERATION OF
|
| 04:37:07 |
Reid, Harry - U.S. Senator, [D] Nevada
S. RES. 264. AND THE SENATE NOW PROCEED TO ITS CONSIDERATION. THE PRESIDING OFFICER: THE CLERK WILL REPORT. THE CLERK: S. RES. 264, A RESOLUTION EXPRESSING...
|
| 04:37:18 |
THE PRESIDING OFFICER, -
SMA SMALL BUSINESS PARTICIPATION IS VITAL TO THE DEFENSE OF OUR NATION AND SO FORTH.
|
| 04:37:22 |
Reid, Harry - U.S. Senator, [D] Nevada
THE PRESIDING OFFICER: WITHOUT OBJECTION, THE COMMITTEE IS DISCHARGED AND THE SENATE PROCEEDS. MR. REID: I ASK UNANIMOUS CONSENT THAT THE RESOLUTION AND...
|
| 04:37:31 |
THE PRESIDING OFFICER, -
BLOC, THE MOTION TO RECONSIDER BE LAID ON THE TABLE, THAT ANY STATEMENTS
|
| 04:37:35 |
THE CLERK, -
RELATING THERETO APPEAR IN THE RECORD AT THE APPROPRIATE PLACE AS IF GIVEN, WITH NO INTERVENING ACTION OR DEBATE. THE PRESIDING OFFICER: IS THERE OBJECTION?...
|
| 04:37:45 |
THE PRESIDING OFFICER, -
COMPLETES ITS BUSINESS TODAY IT ADJOURN UNTIL 9:30 A.M.
|
| 04:37:48 |
Reid, Harry - U.S. Senator, [D] Nevada
TUESDAY, JULY 9. FOLLOWING THE PRAYER AND THE PLEDGE, THE JOURNAL OF PROCEEDINGS BE APPROVED TO DATE, THE MORNING HOUR BE DEEMED EXPIRED, THE TIME...
|
| 04:38:00 |
THE PRESIDING OFFICER, -
PERIOD OF MORNING BUSINESS UNTIL 10:15 P.M. WITH SENATORS
|
| 04:38:03 |
Reid, Harry - U.S. Senator, [D] Nevada
PERMITTED TO SPEAK FOR UP TO TEN MINUTES EACH WITH THE FIRST HALF UNDER THE CONTROL OF THE REPUBLICAN LEADER OR HIS DESIGNEE ON THE ONE HAND THE EAKED...
|
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.