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House Proceeding 05-07-09 on May 7th, 2009 :: 2:08:05 to 2:19:53
Total video length: 2 hours 19 minutes Stream Tools: Stream Overview | Edit Time

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Previous speech:

Barney Frank

2:07:15 to 2:08:05( Edit History Discussion )
Speech By: Barney Frank

Barney Frank

2:07:48 to 2:08:06( Edit History Discussion )

Barney Frank: the chair: the gentleman yields back the balance of his time. the gentleman from florida. the gentleman from msachusetts has claimed and yielded back the balance of his time. mr. diaz-balart: i now would like to yield as much time as would use to the the gentleman

2:08:07 to 2:08:27( Edit History Discussion )

from florida, mr. bue can >> i want to thank the gentleman for yielding and i rise in support of this important important amendment. this has taken a toll on thousands of homeowners, many of my constituents.

Vernon Buchanan

2:08:28 to 2:08:50( Edit History Discussion )

Vernon Buchanan: they are now finding their homes inunhabitable. john left his home and he is forc to not only pay the mortgage and rent on his new place and this is happening on a lot of people in my area in southwest florida. i wrote the u.s. trade representative and the federal trade commission asking them to take the appropriate steps to confront this problem.

Vernon Buchanan

2:08:30 to 2:09:10( Edit History Discussion )
Speech By: Vernon Buchanan

Vernon Buchanan

2:08:51 to 2:09:11( Edit History Discussion )

Vernon Buchanan: i'm concerned about the health effects and the effects of the chinese drwall for the health effects in our region. pregnant women have been advised to move out of their home. i'm grateful for the gentleman bringing this amendment forward. i look forward to working with

Robert Wexler

2:09:12 to 2:09:32( Edit History Discussion )

Robert Wexler: my colleagues on this important issue and helping our constituents resolve this problem. i yield back. the chair: for what purpose does the gentleman from massachusetts rise? mr. frank: i ask unanimous consent to reconsider my hasty action and take back my time. the chair: without objection. mr. frank: i yield two minutes

Robert Wexler

2:09:15 to 2:12:30( Edit History Discussion )
Speech By: Robert Wexler

Robert Wexler

2:09:33 to 2:09:54( Edit History Discussion )

Robert Wexler: to the the gentleman from florida, mr. wexler. the chair: the gentleman from florida is recognized for two minutes. -- three minutes. mr. wexler: he i especially thank the chairman and i want to point out the extraordinary effort that congressman diaz-balart has made to push this issue forward.

Robert Wexler

2:09:55 to 2:10:15( Edit History Discussion )

Robert Wexler: i rise in strong support of this amendment, because my constituents in florida and citizens throughout our nation are facing a real and a growing emergency from dangerous and harmful dry wall imported from china. the level of threats to the health and homes of our citizens is akin to a natural disaster.

Robert Wexler

2:10:16 to 2:10:37( Edit History Discussion )

Robert Wexler: this danger is much more like a silent hurricane and it is touching down not just in florida, but in louisiana, mississippi, texas, virginia and a growing list of other states. the federal government must take immediate steps to protect americans whose homes are afflicted with detect -- defecttive dry wall.

Robert Wexler

2:10:38 to 2:11:00( Edit History Discussion )

Robert Wexler: i thank mr. diaz-balart for his leadership on this crucial issue. the effected dry wall produces gases that could road copper and electrical wiring and are likely to be responsible for chronic health problems for the occupants of the homes. this is an acute and growing cris, with an estimated 35,000

Robert Wexler

2:11:01 to 2:11:21( Edit History Discussion )

Robert Wexler: homes in florida affected and tens of thousands more across the country. over the past few weeks, i have had the opportunity to meet parents and visit with them in their homes, where young children have developed bronchitis, pneumonia and other respiratory illnesses. pregnant women in my district have been advised by their

Robert Wexler

2:11:22 to 2:11:42( Edit History Discussion )

Robert Wexler: physicians to move out of their homes. and children have been waking up regularly to bloody noses and sign us infections. it is in this vein that i along with mr. diabalart under his leadership have introduced h.r. 1977, the dry wall safety act of 2009, which would require the consumer products safety

Robert Wexler

2:11:43 to 2:12:03( Edit History Discussion )

Robert Wexler: commission ban dangerous dry wall, study dry wall imported from china and make recommendations on new safety standards. currently, the consumer products safety commiion, the centers for disease control and prevention and e.p.a. are conducting tests. while these tests are essential, the current time frame for completion is unacceptable and

Robert Wexler

2:12:04 to 2:12:25( Edit History Discussion )

Robert Wexler: results may not be known for months, especially considering the problem is expected to grow during the hot and humid summer months. we are therefore urging the e.p.a. and c.d.c. to exhaust all possible resources to expedite dry wall testing. we have requested critical emergency funding that would allow relevant agencies to

Robert Wexler

2:12:26 to 2:12:31( Edit History Discussion )

Robert Wexler: conduct the necessary investigation into the health and safety impacts of thi

Mario Diaz-Balart

2:12:32 to 2:12:53( Edit History Discussion )

Mario Diaz-Balart: wall awell as provide public information resources to alert those impacted by the risks they may be facing. i want to applaud the efforts of governor charlie crist and the florida department of health for their leadership. this is a complex and growing problem and do extent. i thank mr. diaz-balart. the chair: the gentleman's time

Mario Diaz-Balart

2:12:35 to 2:13:40( Edit History Discussion )
Speech By: Mario Diaz-Balart

Mario Diaz-Balart

2:12:54 to 2:13:14( Edit History Discussion )

Mario Diaz-Balart: has expired. mr. frank: i yield back. the chair: the gentleman from massachusetts yields back. the gentleman from florida. mr. diaz-balart: i do wanto thank the chairman of the committee, mr. frank and mr. wexler for his leadership. this is a critical issue not only for florida, but for thousands and thousands of other homeowners. and with that, i urge a yes vote.

Mario Diaz-Balart

2:13:15 to 2:13:35( Edit History Discussion )

Mario Diaz-Balart: and i yield back. the chair: the question is on the amendment offered by the gentleman from florida. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. and the amendment is goode to. for what purpose does -- now in order to consider amendment number4 printed in house report 111-98. for what purpose does the

Mario Diaz-Balart

2:13:36 to 2:13:40( Edit History Discussion )

Mario Diaz-Balart: gentleman from new york rise? mr. weiner: i offer an amendment. the chair: the clerk will

2:13:41 to 2:14:02( Edit History Discussion )

designatthe amendment. the clerk: amendment number 14 printed in house report 111-98 over offered by mr. wiener of new york. member opposed each will control five minutes. the chair recognizes the gentleman from new york. mr. weiner: i ask unanimous consent to modify the amendment with the version that's at the desk. the clerk: modification to

Anthony D. Weiner

2:14:03 to 2:14:23( Edit History Discussion )

Anthony D. Weiner: amendment number 14 printed in mr. wiener from new york. title 8, freddie mac -- mr. weiner: requestions unanimous consent that the modification be considered as read. the chair: without objection. is there an objection to the modification?

Anthony D. Weiner

2:14:20 to 2:16:45( Edit History Discussion )
Speech By: Anthony D. Weiner

Anthony D. Weiner

2:14:24 to 2:14:46( Edit History Discussion )

Anthony D. Weiner: >> no objection, -- the chair: for what purpose does the gentleman from texas rise? mr. neugebauer: we don't object, but we would like the gentleman to clarify what his amendment does. the chair: without objection, the amendment is modified. the gentleman from new york. mr. weiner: i thank you, mr. chairman. i want to begin by offering my gratitude to the chairman of the

Anthony D. Weiner

2:14:47 to 2:15:07( Edit History Discussion )

Anthony D. Weiner: committee and the minority and their staff. i don't intend to take the full-time. you know, we have a fennen none going to get people the credit they want in order to be able to make purchases. we want freddie and fannie n to take unnecessary risk.

Anthony D. Weiner

2:15:08 to 2:15:30( Edit History Discussion )

Anthony D. Weiner: we are trying to strike the balance. one of the challenges we have, we have a large number of condos that are in now starting to find buyers, people areaying, you know what, the prices have come down and ak purchases. at the same time the standards have been raised boy fannie and

Anthony D. Weiner

2:15:31 to 2:15:51( Edit History Discussion )

Anthony D. Weiner: freddie such that you have to have 70% of thunits purchased before the first one will be financed and guaranteed by fannie and freddie. you create this dynamic and people say i'm interested, in order to reach that 70% threshold is very difficult and you wind up chasing away people who don't want to wait that

Anthony D. Weiner

2:15:52 to 2:16:13( Edit History Discussion )

Anthony D. Weiner: long. they leave with their deposits in hand and frankly we get into the cycle where these units remain on the market. we need to clear out the stock and we want to give credit where it's due. what my amendment does, it says, looking at the guidelines and looking at our desires not to have unnecessary risk taken, if you want a change based on

Anthony D. Weiner

2:16:14 to 2:16:34( Edit History Discussion )

Anthony D. Weiner: regional consideration, say, the gentleman from florida, me from new y have a disproportionate number of these condos on the market, we encourage fannie and freddie to make those regional changes in requirements. we are not saying we want them to make bad loans. this doesn't do that in this

Anthony D. Weiner

2:16:35 to 2:16:46( Edit History Discussion )

Anthony D. Weiner: amendment. but we want nem to be lexible to say that if you have communities like new york, where they want to buy condos, to make

Randy Neugebauer

2:16:47 to 2:17:07( Edit History Discussion )

Randy Neugebauer: the limit the threshold, so high, you wind up putting a want to see happen. i encourage a yes vote. and i reserve 9 balance of my time. the chair: the gentleman reserves the balance of his time. for what purpose does the gentleman from texas rise? mr. neugebauer: claim time in opposition although i'm not

Randy Neugebauer

2:16:50 to 2:17:10( Edit History Discussion )
Speech By: Randy Neugebauer

Randy Neugebauer

2:17:08 to 2:17:10( Edit History Discussion )

Randy Neugebauer: opposed to the amendment. the chair: the gentleman is

Anthony D. Weiner

2:17:11 to 2:17:32( Edit History Discussion )

Anthony D. Weiner: recognized for five minutes. mr. neugebauer: in his u.c., he was trying to fix the pay-go issue. could you explain how your unanimous consent request addressed that pay-go issue. mr. weiner: i will do the best i can, but it was a fairly obscure thing and i was commenting earlier, we have outsourced our authority, but they apparently were concerned that language in my bill would have required them

Anthony D. Weiner

2:17:15 to 2:17:55( Edit History Discussion )
Speech By: Anthony D. Weiner

Anthony D. Weiner

2:17:33 to 2:17:53( Edit History Discussion )

Anthony D. Weiner: to make loans or make certain changes in regulations. what we did is we dialed down some of the language and we said take actions that are appropriate to revise schedules and we also made it -- we made changes to make it clear, we weren't requiring any specific action that might trigger a budget implication.

Anthony D. Weiner

2:17:54 to 2:17:55( Edit History Discussion )

Anthony D. Weiner: i think the parliamentarian has

Barney Frank

2:17:56 to 2:18:13( Edit History Discussion )

Barney Frank: told us this new la doesn't trigger pay-go. and i didn't want the thought that it might happen or drag down the whole bill so we made the changes they have recommended. mr. frank: this doesn't involve the pay-go issue and this is not

Barney Frank

2:18:00 to 2:18:10( Edit History Discussion )
Speech By: Barney Frank

2:18:14 to 2:18:34( Edit History Discussion )

mandating, but encouraging and that's solving the problem. mr. neugebauer: instead of being mandatory, it's discretionary? mr. frank: that's correct. mr. weiner: i yield back. the chair: the question is on the amendment offered by the gentleman from new york as modified. those in favor say aye. those opposed, no. in the opinion of

2:18:35 to 2:18:56( Edit History Discussion )

the chair, the ayes have it. the amendment is goode to. pursuant to clause 6 ofule 18, proceedings will now resume on those amendments printed in house report 111-98 on which further proceedings were postponed in the following order. amendment number 2, by mr. frank of massachusetts. amendment number 5 by mr.

2:18:57 to 2:19:17( Edit History Discussion )

hensarling of texas. amendment number 7 by mr. price of georgia. amendment number 9 by mr. mchenry of north carolina. minutes the time for any electronic vote after the first vote in this series. the unfinished business is the request for a recorded vote on amendment number 2 printed in

2:19:18 to 2:19:39( Edit History Discussion )

house report 1111-98 offered by the gentleman from massachusetts, mr. frank, on which further proceedings were postponed and on which the ayes prevailed by voice vote. the clerk will redesignate the amendment. the clerk: amendment number 2 printed in house report 1118 offered by mr. frank of massachusetts. the chair: a recorded vote has been requested. all in favor of the request for

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