On the recordJanuary 31, 2012
earlier we agreed to alternate side to side for the offering of amendments. However, I would say to the Democratic floor manager that there do not appear to be any Democrats right now who are seeking recognition. Therefore, I would ask unanimous consent that the Senator from Arizona be permitted to proceed at this time, given the absence of a Democrat on the floor. The PRESIDING OFFICER. Without objection, it is so ordered. The Senator from Arizona. Amendment No. 1471 to Amendment No. 1470 Mr. McCAIN. Mr. President, I thank both the Senator from New York and the Senator from Maine for their courtesy. I ask unanimous consent to set aside the pending amendment and call up amendment No. 1471. The PRESIDING OFFICER. Without objection, it is so ordered. The clerk will report. The bill clerk read as follows: The Senator from Arizona [Mr. McCain], for himself, Mr. Rockefeller, Mr. Enzi, Mrs. McCaskill, Mr. Johanns, Mr. Barrasso, Mr. Blunt, and Mr. Graham, proposes an amendment numbered 1471 to amendment No. 1470. Mr. McCAIN. Mr. President, I ask unanimous consent that the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To protect the American taxpayer by prohibiting bonuses for Senior Executives at Fannie Mae and Freddie Mac while they are in conservatorship) At the appropriate place, insert the following: SEC. __.…





