| 00:00:03 |
THE PRESIDING OFFICER, -
TROUBLE LEAD OUR SENATORS TO USE THEIR POWER AND INFLUENCE WITH FAITHFULNESS.
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| 00:00:19 |
THE CHAPLAIN, -
MAY YOUR WORD RULE IN THEIR HEARTS, AS THEY ARE LED BY YOUR WISDOM. HELP THEM TO SEEK YOUR WILL AND SEE IT CLEARLY. MAY THEY WORK OUT THE ISSUES THAT...
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| 00:01:46 |
THE PRESIDING OFFICER, -
ALL. THE PRESIDING OFFICER: THE CLERK WILL READ A COMMUNICATION TO THE SENATE. THE CLERK: WASHINGTON, D.C, MAY 4, 2010. TO THE SENATE: UNDER THE PROVISIONS...
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| 00:02:12 |
THE PRESIDING OFFICER, -
REID: MADAM PRESIDENT? THE PRESIDING OFFICER: THE MAJORITY LEADER. MR. REID: WE WILL BE IN A
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| 00:02:15 |
THE CLERK, -
PERIOD OF MORNING BUSINESS FOR 10 MINUTES FOLLOWING LEADER REMARKS. THE MAJORITY WILL DROLL CONTROL THE FIRST HALF-HOUR. THE REPUBLICANS WILL CROALT...
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| 00:02:34 |
Reid, Harry - U.S. Senator, [D] Nevada
CAUCUS MEETINGS. MADAM PRESIDENT, I APPLAUD AND COMMEND MY FRIEND, THE DISTINGUISHED CHAIRMAN OF THE BANKING COMMITTEE, SENATOR CHRIS DODD, FOR THE...
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| 00:08:33 |
THE PRESIDING OFFICER, -
GOT THEIR MAN. AND
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| 00:08:35 |
McConnell, Mitch Jr. - U.S. Senator, [R] Kentucky
WE'RE GRATEFUL FOR THEIR EFFORTS ON OUR BEHALF. IT IS MY UNDERSTANDING THAT THE SUSPECT, A NATURALIZED AMERICAN CITIZEN, IS A NATIVE OF PAKISTAN AND...
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| 00:10:55 |
THE PRESIDING OFFICER, -
THE PRESIDING OFFICER: THE SENATOR FROM OHIO. UNDER THE PREVIOUS ORDER, THE -- MR. BROWN: I ASK UNANIMOUS CONSENT TO DISPENSE WITH THE QUORUM CALL....
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| 00:13:32 |
THE PRESIDING OFFICER, -
UP TO ONE HOUR EQUALLY DIVIDED AND CONTROLLED BETWEEN THE TWO LEADERS OR THEIR DESIGNEES AND SENATORS PERMITTED TO SPEAK THEREIN FOR
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| 00:13:40 |
MR. BROWN, -
UP TO 10 MINUTES EACH AND WITH THE MAJORITY CONTROLLING THE FIRST HALF OF THE TIME AND
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| 00:13:44 |
THE PRESIDING OFFICER, -
THE REPUBLICANS THE SECOND. MR. BROWN: MADAM PRESIDENT, I ASK UNANIMOUS CONSENT THAT SENATOR KAUFMAN, THE COSPONSOR OF OUR WALL STREET REFORM AMENDMENT,...
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| 00:14:07 |
Brown, Sherrod - U.S. Senator, [D] Ohio
NEVER AGAIN ALLOW AMERICANS TO FALL VICTIM TO THE UNCONSCIONABLE RECKLESSNESS AND UNBRIDLED GREED THAT WE HAVE SEEN IN THE LAST DECADE. NO LONGER SHOULD
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| 00:14:16 |
THE PRESIDING OFFICER, -
A NO-SHOW
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| 00:14:18 |
Brown, Sherrod - U.S. Senator, [D] Ohio
REGULATORY ATTITUDE ROB AMERICANS OF THEIR JOBS, OF THEIR HOMES, OF THEIR RETIREMENT SAVINGS, OF THEIR CREDIT RATINGS, AND THE LIST GOES ON AND ON AND...
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| 00:22:09 |
Kaufman, Edward "Ted" E. - U.S. Senator, [D] Delaware
COMMERCIAL BANKS. WOULD ANYBODY LIKE TO GUESS WHEN GLASS-STEAGALL WAS REPEALED? HOW ABOUT RIGHT ABOUT HERE? I DON'T KNOW IF YOU'VE SEEN THE CHARTS....
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| 00:29:01 |
Brown, Sherrod - U.S. Senator, [D] Ohio
ON. THERE WILL BE THREE OR FOUR VOTES COMING UP TO STRENGTHEN THIS BILL. THERE WILL BE EFFORTS FROM THE OTHER SIDE OF THE AISLE TO WEAKEN THIS BILL....
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| 00:32:55 |
Kaufman, Edward "Ted" E. - U.S. Senator, [D] Delaware
IS ONE OF THE THINGS THAT MADE THIS COUNTRY GREAT. THE TWO THINGS THAT MADE THIS COUNTRY GREAT ARE DEMOCRACY AND OUR CAPITAL MARKETS. WE CAN KNOT FORWARDWE...
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| 00:34:35 |
THE PRESIDING OFFICER, -
WILL BE OFFERED, THIS IS CLEARLY A GAME CHANGER. AND I AM SUPPORTIVE OF THIS AMENDMENT, EVEN THOUGH I KNOW THAT SOME OF MY FRENDLES IN THE BANKING --
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| 00:34:42 |
THE PRESIDING OFFICER, -
SOME OF MY FRIENDS IN
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| 00:34:44 |
Durbin, Richard "Dick" J. - U.S. Senator, [D] Illinois
THE BANKING INDUSTRY WON'T BE HAPPY WITH THAT. WHAT THEY'RE TALKING IS ABOUT DEALING WITH THE CONCENTRATION OF WEALTH AND THE CONCENTRATION OF ECONOMIC...
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| 00:45:48 |
THE PRESIDING OFFICER, -
WEEK; THERE'S SO MUCH GOING ON THAT'S OF GREAT CONCERN TO MANY OF
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| 00:45:51 |
MR. ALEXANDER, -
US. WE HAVE A BRIEFING THIS AFTERNOON ON THE DIMENSIONS OF THE OIL SPILL IN THE GULF OF MEXICO. THOSE OF US IN
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| 00:45:59 |
Alexander, Lamar - U.S. Senator, [R] Tennessee
TENNESSEE ARE DEEPLY CONCERNED ABOUT THE 1,000-YEAR RAIN, AN EVENT THAT ONLY HAPPENS EVERY THOUSAND YEARS ACCORDING TO TO SOME OF THE ENGINEERS IN THE...
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| 00:56:46 |
THE PRESIDING OFFICER, -
DEEP WATER HORIZON RIG ALONG
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| 00:56:48 |
THE PRESIDING OFFICER, -
WITH MY COLLEAGUE,
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| 00:56:50 |
LeMieux, George - U.S. Senator, [R] Florida
SENATOR SESSIONS, SENATOR SHELBY AND CONGRESSMAN JEFF MILLER, WHO REPRESENTS FLORIDA'S FIRST CONGRESSIONAL DISTRICT. AND WHAT WE SAW, MADAM PRESIDENT,...
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| 01:02:17 |
THE PRESIDING OFFICER, -
DAY WHEN UMAR FAROUK ABDULMUTALLAB TRIED TO BLOW
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| 01:02:22 |
MR. LeMIEUX, -
UP A PLANE, THANKFULLY THAT BOMB DID NOT EXPLODE. THESE ARE DANGEROUS TIMES. ISTIN TO SAY WE NOT ONLY NEED TO PAY ATTENTION TO THE EAST WHERE THIS DANGER...
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| 01:05:05 |
LeMieux, George - U.S. Senator, [R] Florida
AND WE KNOW THAT VENEZUELA IS ALLOWING FLIGHTS TO GO OVER ITS COUNTRY TO COLUMBIA TO BRING DRUGS TO CENTRAL AMERICA. WE KNOW HOW VIOLENCE COMES FROM...
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| 01:06:19 |
THE PRESIDING OFFICER, -
UNDERSTANDING OF WHAT'S HAPPENING IN TENNESSEE. T-BUT WE OBVIOUSLY HAVE QUITE A DISASTER
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| 01:06:24 |
Corker, Bob - U.S. Senator, [R] Tennessee
UNDER WAY. WE HAVE PEOPLE WHO'VE LOST THEIR LIVES, PEOPLE WHO'VE LOST THEIR HOMES, PEOPLE WHO'VE LOST THEIR LIVES WORK. AND I APPRECIATE SO MUCH THE...
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| 01:14:49 |
THE PRESIDING OFFICER, -
AND SO FORTH AND FOR OTHER PURPOSES. THE PRESIDING OFFICER: THE SENATOR FROM CONNECTICUT IS RECOGNIZED. MR. DODD: THANK YOU, MR. PRESIDENT. I'LL BE...
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| 01:14:58 |
THE CLERK, -
MY COLLEAGUES, DEMOCRATS AND REPUBLICANS, FOR ALLOWING US TO GET TO THIS POINT NOW. WE'RE ON THE BILL, AFTER ALL THIS TIME. I HEARD BRIEF -- I DIDN'T...
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| 01:15:11 |
THE PRESIDING OFFICER, -
MAKING AN EFFORT HERE TO TRY TO
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| 01:15:13 |
Dodd, Christopher "Chris" J. - U.S. Senator, [D] Connecticut
REACH AGREEMENT WHERE WE CAN ON SOME OF THE CRITICAL ISSUES. SENATOR SHELBY AND I OUR STAFFS WORKED VERY HARD OVER THE WEEKEND TO TRY TO COME TO CLOSURE...
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| 01:23:56 |
THE PRESIDING OFFICER, -
QUORUM CALL: QUORUM CALL: QUORUM CALL QUORUM CALL: QUORUM CALL: IS EN MR. PRESIDENT? THE PRESIDING OFFICER: THE SENATOR FROM COLORADO IS RECOGNIZED....
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| 01:46:01 |
THE PRESIDING OFFICER, -
AMENDMENT, MR. PRESIDENT, HAS WIDE AND GROWING SUPPORT BOTH WITH CONSUMER GROUPS AND
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| 01:46:07 |
THE PRESIDING OFFICER, -
LEGISLATORS OF ALL POLITICAL
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| 01:46:09 |
Udall, Mark - U.S. Senator, [D] Colorado
PERSUASIONS. I WANT TO THANK SENATORS BOND, BROWN OF MASSACHUSETTS, BROWN OF OHIO, HAGAN, LEVIN, LIEBERMAN, McCASKILL AND SHAHEEN, WHO ARE ALSO SPONSORS...
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| 01:55:02 |
THE PRESIDING OFFICER, -
TO THAT
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| 01:55:04 |
Dodd, Christopher "Chris" J. - U.S. Senator, [D] Connecticut
HOME MORTGAGE, THE INTEREST RATES THAT YOU PAY, THE DOWN PAYMENT YOU'RE REQUIRED TO MEET ARE ALL LINKED TO WHAT THAT CREDIT SCORE IS. WE'VE SEEN IN...
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| 01:57:31 |
THE PRESIDING OFFICER, -
FINANCIAL OBLIGATIONS YOU HAVE. IT'S MUCH HARDER TO GET YOUR CREDIT
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| 01:57:34 |
Udall, Mark - U.S. Senator, [D] Colorado
SCORE. WE HEAR A LOT ABOUT FINANCIAL LITERACY, ABOUT TAKING CONTROL OF YOUR OWN DESTINY WHEN IT COMES TO YOUR FINANCIAL FUTURE. THIS WOULD BE AN IMPORTANT...
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| 01:59:16 |
THE PRESIDING OFFICER, -
OUR ECONOMY BECAUSE
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| 01:59:18 |
Boxer, Barbara - U.S. Senator, [D] California
WALL STREET HAD NO REASONABLE REGULATION, MARKETS WERE OPERATING IN THE DARK. THERE WAS VERY LITTLE FIDUCIARY RESPONSIBILITY INVOLVED AND ALL OF THIS...
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| 02:09:39 |
THE PRESIDING OFFICER, -
SAID, I -- ACCEPT
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| 02:09:41 |
Dodd, Christopher "Chris" J. - U.S. Senator, [D] Connecticut
IT. SOMEONE SAID, I THINK MY FRIEND WANTS A VOTE ON IT. MY HOPE IS THAT WE WOULD CAST A VOTE ON THIS AT 2:15 WHEN WE FRURN OUR RESPECTIVE -- FROM OUR...
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| 02:10:28 |
THE PRESIDING OFFICER, -
FINALLY PUT AN END TO TOO BIG TO FAIL. THAT, IN
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| 02:10:31 |
Boxer, Barbara - U.S. Senator, [D] California
FACT, TAXPAYERS ARE NOT GOING TO BE ON THE HOOK. WE'RE GOING TO WIND THESE COMPANIES DOWN AND THEY'RE GOING TO HAVE TO BE GONE. MINE THEY'RE GOING TO...
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| 02:15:51 |
THE PRESIDING OFFICER, -
INCLUDE THE FOLLOWING. SO
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| 02:15:53 |
Dodd, Christopher "Chris" J. - U.S. Senator, [D] Connecticut
IT'S AT THE END OF AN ENTIRE TITLE THAT WE MECHANICALLY -- BECAUSE IT IS COMPLICATED TO GET THIS RIGHT, SO WE REALLY DO HAVE A WINDING DOWN AND A DISPOSITION...
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| 02:17:46 |
Boxer, Barbara - U.S. Senator, [D] California
TITLE." I UNDERSTAND THAT SENATOR KYL SAID YESTERDAY THIS WAS A SENSE OF THE SENATE, DIDN'T HAVE THE FORCE OF LAW. NO, IT IS CLEAR, IT IS NOT THE SENSE...
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| 02:19:24 |
MR. DODD, -
REQUESTS BE AGREED TO AND THAT THESE REQUESTS BE PRINTED IN THE RECORD. THE PRESIDING OFFICER: WITHOUT OBJECTION, SO ORDERED. THE SENATOR FROM VIRGINIA...
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| 02:19:47 |
THE PRESIDING OFFICER, -
THAT WE PUT APPROPRIATE BARRIERS TO FIRMS GETTING TOO LARGE AND BARRIERS TO FIRMS
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| 02:19:56 |
Warner, Mark R. - U.S. Senator, [D] Virginia
TOO BIG TO FAIL, AND THEN SHOULD THEY FAIL, MAKING SURE THAT TAXPAYERS ARE NEVER ON THE HOOK AGAIN. I THINK THE SENATOR FROM CALIFORNIA'S AMENDMENT...
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| 02:22:54 |
THE PRESIDING OFFICER, -
A SENATOR: MR. PRESIDENT? THE PRESIDING OFFICER: THE SENATOR FROM CONNECTICUT IS RECOGNIZED. MR. DODD: I ASK CONSENT THAT THE CALL OF THE QUORUM BE...
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| 02:26:40 |
THE PRESIDING OFFICER, -
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| 02:26:42 |
MR. DODD, -
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| 02:26:45 |
THE PRESIDING OFFICER, -
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| 02:26:47 |
MR. DODD, -
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| 02:26:52 |
THE PRESIDING OFFICER, -
P.M. >> THE
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.