On the recordOctober 24, 2017
Mr. Chairman, 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.
