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House Proceeding on Dec 11th, 2009 :: 0:40:50 to 0:44:50
Total video length: 1 hours 47 minutes Stream Tools: Stream Overview | Edit Time

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Melvin L. Watt

0:40:31 to 0:40:51( Edit History Discussion )

Melvin L. Watt: gentleman from michigan will be postponed. it is now in order to consider amendment ho for what purpose does the gentleman from north carolina mr. watt: to claim the time in the chair: does the gentleman offer the amendment? mr. watt: i offer the amendment.

Melvin L. Watt

0:40:50 to 0:44:50( Edit History Discussion )
Speech By: Melvin L. Watt

Melvin L. Watt

0:40:52 to 0:41:12( Edit History Discussion )

Melvin L. Watt: t the clerk: amendment number 17 printed in house report 111-370 offered by mr. watt of north carolina. th resolution 964, the geleman from north carolina, mr. watt, and a member opposed, each will control five minutes. the chair recognizes the gentleman from north carolina. mr. watt: thank you, madam chair.

Melvin L. Watt

0:41:13 to 0:41:33( Edit History Discussion )

Melvin L. Watt: i yield myself 3 1/2 minutes. the chair: the gentleman is recognized. mr. watt: madam chair, let me say at the outset that is my intention that the end of the short discussion and i ask unanim the amendment, but i thought it would be enlightening to colleagues and to whoever else might be listening at this time

Melvin L. Watt

0:41:34 to 0:41:54( Edit History Discussion )

Melvin L. Watt: in the morning to talk about some of the practical problems that you have even when broad agreement on an issue. and i'll describe the process both mr. campbell, who is a member of the committee, and i

Melvin L. Watt

0:41:55 to 0:42:15( Edit History Discussion )

Melvin L. Watt: agreehat automobile dealers ought to be exempt in their primary duties from the cfpa, the consumer financial protection agency supervision and what have you. and there was broad bipartisan and philosophical agreement on that general proposition in the

Melvin L. Watt

0:42:16 to 0:42:37( Edit History Discussion )

Melvin L. Watt: committee when mr. campbell offered his amendment. and there was broad agreemen that there was some practical problems with the way the amendment was written. and the chair me and to mr. campbell the responsibility to try to find the right language. and we set about trying to do

Melvin L. Watt

0:42:38 to 0:43:00( Edit History Discussion )

Melvin L. Watt: that. and we have been diligently trying to do that. then, the practical problems her people get their fingers in t pot and suggest different i be resolved.

Melvin L. Watt

0:43:01 to 0:43:23( Edit History Discussion )

Melvin L. Watt: mr. campbell and i on a night with him in california and me in north carolina on our cell phones having conversation and we are right at the verge of reaching an agreement, we think, and we're quibbling about words. and then he gets called away to the u.s.c. football game the next day and i get called the

Melvin L. Watt

0:43:24 to 0:43:45( Edit History Discussion )

Melvin L. Watt: following day to the carolina panther football game. and then we're right up against a deadline and then we find out that the chairman has offered a manager's amendment that teels with part of the problem -- deals with part of the problem and not all of it and we both submitted amendments to the rules committee. mr. campbell withdraws my amendment. mine is still standing, and

Melvin L. Watt

0:43:46 to 0:44:07( Edit History Discussion )

Melvin L. Watt: we're still talking about the amendment. and then the autobile dealers, because they don't like my amendment, decide that they need to lobby against it and make it sound like i'm opposed to what i was in favor of all along. so we've been athis for a long time. campbell and i sat down and

Melvin L. Watt

0:44:08 to 0:44:28( Edit History Discussion )

Melvin L. Watt: talked again and decided that we should not allow the perfect to be the enemy of the good. what we have in the bill with the manager's amendment substantially advances the process. we are not the enof the process anyway. the senate is going to have to

Melvin L. Watt

0:44:29 to 0:44:49( Edit History Discussion )

Melvin L. Watt: deal with this. and both of us are still intent on the philosophy automobile dealers ought to be exempt from cfpa. we agree on that. and so here we are and we thought it would be helpful to have this dialogue and with

Melvin L. Watt

0:44:50 to 0:44:50( Edit History Discussion )

Melvin L. Watt: that i'll reserve the balance

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