David Cicilline: “I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is…”

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 3, line 11, insert after ``settlement agreement'' the following: ``(except as provided in subsection (g))''. Add at the end of the bill the following: (g) Exception.--The provisions of this Act do not apply in the case of a settlement agreement that resolves the criminal or civil liability of a financial institution for the predatory or fraudulent packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities. The Acting CHAIR. Pursuant to House Resolution 577, the gentleman from Rhode Island (Mr. Cicilline) and a Member opposed each will control 5 minutes. The Chair recognizes the gentleman from Rhode Island.”