Jeb Hensarling: “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 48, beginning on line 15, strike ``meetings of the Council, whether or not open to the public,'' and insert ``public meetings of the Council''. Page 48, after line 19, insert the following (and redesignate the subsequent paragraph accordingly): ``(5) Transcription requirement for non-public meetings.-- The Council shall create and preserve transcripts for all non-public meetings of the Council.''. Amend section 361 to read as follows: SEC. 361. BRINGING THE FEDERAL DEPOSIT INSURANCE CORPORATION INTO THE APPROPRIATIONS PROCESS. (a) In General.--Section 10(a) of the Federal Deposit Insurance Act (12 U.S.C. 1820(a)) is amended-- (1) by striking ``(a) The'' and inserting the following: ``(a) Powers.-- ``(1) In general.--The''; (2) by inserting ``, subject to paragraph (2),'' after ``The Board of Directors of the Corporation''; and (3) by adding at the end the following new paragraph: ``(2) Appropriations requirement.--Except as provided under paragraph (3), the Corporation may, only to the extent as provided in advance by appropriations Acts, cover the costs incurred in carrying out the provisions of this Act, including with respect to the administrative costs of the Corporation and the costs of the examination and supervision of insured depository institutions.…”