Note: On July 26, 2008, the Senate is expected to vote on a motion to concur with the House version of H.R.3221. This legislation was amended by the House on July 23, 2008, to include temporary emergency authority for the Department of Treasury intended to restore market confidence in the housing-related government-sponsored enterprises. Summary and…
Summary and Background On Tuesday, July 22, 2008, Senate Majority Leader Reid, and the chairs of the seven committees with measures included in the bill, introduced S.3297, the Advancing America’s Priorities Act. The billincludes a package of bipartisan legislation ranging from bills to promote important medical research to authorize new programs to protect children from…
Washington, DC—Senate Majority Leader Harry Reid made the following statement today after Republicans blocked a bill to stop excessive speculation by Wall Street traders, rejecting another Democratic effort to address the energy crisis: “Republicans once again have run away from an opportunity to provide a short-term solution to our energy crisis. While Democrats have worked…
Immediately proceed to cloture vote on S.3268, Energy Speculation. The Senate is considering the motion to concur in the House message with respect to H.R.3221, the Housing Reform legislation, post cloture. The Senate stands adjourned until 9:00am tomorrow.