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House Proceeding on Oct 13th, 2009 :: 1:51:30 to 1:55:30
Total video length: 2 hours 2 minutes Stream Tools: Stream Overview | Edit Time

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Barney Frank

1:51:26 to 1:51:46( Edit History Discussion )

Barney Frank: i ask for its passage, and i commend the leadership, again, for the chairm this bill in a manner. and with that, mr. speaker, i yield back the balance of my time. the speaker pro tempore: the gentleman from minnesota yields back the balance of his time. the gentleman from massachusetts. mr. frank: mr. speaker, i yield myself such time as i may consume to make one final point.

Barney Frank

1:51:30 to 1:55:30( Edit History Discussion )
Speech By: Barney Frank

Barney Frank

1:51:47 to 1:52:07( Edit History Discussion )

Barney Frank: it is the fantasy of the fantasies, most of them malign, that somehow this is a -- it's the american government that's been opposed to them and that the broad reach of the american people would be more sympathetic. the important point to stress here is that this bill does not

Barney Frank

1:52:08 to 1:52:28( Edit History Discussion )

Barney Frank: do anything at the federal level. this bill empowers state governments and private citizens to give in to their own understandable, extreme, dislike and fear of the iranian government. so let's be very clear. this is a bill that will have

Barney Frank

1:52:29 to 1:52:49( Edit History Discussion )

Barney Frank: effect to the extent that the actions of the eye rapian government to increase the -- not the nation of iran, not the government of iran. if enact -- if in fact some of the hopeful signs was to look better then this bill will not

Barney Frank

1:52:50 to 1:53:10( Edit History Discussion )

Barney Frank: have much of an impact. so in the great extent whether or not this bill will have a real impact will very much deal with what the iranians do. i stress again this is a bill that empowers american citizens

Barney Frank

1:53:11 to 1:53:33( Edit History Discussion )

Barney Frank: , american local and state governments a this action will depend on the future actions of the government iran. i yield back the balance of my time. the speaker pro tempore: the gentleman from massachusetts yields back. the question is will the house suspend the rules and pass h.r. 1327

Barney Frank

1:53:34 to 1:53:54( Edit History Discussion )

Barney Frank: those opposed, no. in the opinion of the chair, 2/3 having responded in the affirmative -- mr. frank: mr. speaker. the speaker pro tempore: the gentleman from massachusetts. mr. frank: i ask and nays. the speaker pro tempore: the yeas and nays are requested. all those in favor of taking this vote by the yeas and nays will rise and remain standing until counted. a sufficient number having

Barney Frank

1:53:55 to 1:54:15( Edit History Discussion )

Barney Frank: arisen, ordered. pursua and the chair's prior proceedings on this motion will be postponed. for wha gentleman from massachusetts rise? mr. frank: mr. speaker, i move pass the bill h.r. 3606, as

Barney Frank

1:54:16 to 1:54:36( Edit History Discussion )

Barney Frank: amended -- not as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 3606, a bill to amend the truth in lending act to make a technical correction to an amendment made by the credit card act of 2009. the speaker pro tempore: pursuant to the rule, the gentleman from massachusetts, mr. frank, and the gentleman

Barney Frank

1:54:37 to 1:54:59( Edit History Discussion )

Barney Frank: from new york, mr. lee, each will control 20 minutes. the chair recognizes the gentleman from massachusetts. mr. frank: mr. speaker, i yield myself such time as i may consume. we made an error, con when we passed the credit card bill. not in passing the bill. the only error we made there is we did not made it to go in effect immediately.

Barney Frank

1:55:00 to 1:55:20( Edit History Discussion )

Barney Frank: the abuses by the credit card companies have some people fear. i hope we can move up that effective date. but there was a drafting error in which the restrictions applied not just to credit cards -- if you read the bill -- as you have to with a bill, but all open end credit agreements. credit unions in america, which have not been any part of any

Barney Frank

1:55:21 to 1:55:32( Edit History Discussion )

Barney Frank: pattern of abuse by credit cards was inadvertently swept into this. the gentleman from vermont, mr. welch, and the gentleman from missouri, mr. skelton, called this to the attention of the

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