Mr. President, I will speak for the last time on this bill, but I wish to also speak about an amendment that I expect will be brought forward by the Senator from Massachusetts in a few minutes. Because we are running out of time, I will respond to her amendment before she actually offers it, and then I expect she will offer it in the next few minutes. Senator Warren I expect will offer an amendment to strike the end- user provisions of the legislation before us today, and I have already discussed those to some extent so I will not get into too much detail about it, but I do wish to respond once again on the importance of keeping this end-user exemption in this legislation. For those who did not hear the earlier debate, this provision would enable nonfinancial end users--these are organizations that are trying to manage their own economic risk in their businesses. This is not Wall Street. This is Main Street. These are farmers, ranchers, small businesses, and large businesses across this country. It would allow them to keep their limited funds and capital in play for their use for investment, growth, and for expansion and job development in our economy. In recent months there has been an increased discussion by both sides of the aisle about the issues relating to the Dodd-Frank legislation and the need for fixes. Some of these fixes should not be controversial or political.…
Share & report
More from Mike Crapo
Mr. President, the third time around, Senator Kennedy's debate still remains. Vote no. Vote on Amendment No. 198 The PRESIDING OFFICER. The question occurs on the adoption of the amendment. The amendment (No. 198) was rejected…
Mr. President, I expect that sometime this evening, the Senate will move to the consideration of the Social Security Fairness Act, which would repeal two Social Security provisions: the windfall elimination provision, pronounced ``WEP,''…
Madam President, once again, this targeted budget blueprint before us would focus on the border, the military, and our energy independence. While the Finance Committee does have a $1 billion instruction, this is neither a tax bill nor a…
Mr. President, today we are debating the narrow Senate fiscal year 2025 budget resolution that fulfills promises to secure America's borders, our national defense, and unleash our energy potential and finally start to get our fiscal house…





