ON THE SENATE FLOOR
Tuesday, May 15, 2012
Mr. Richard Blumenthal, from the State of Connecticut, called the Senate to order at 10 a.m., the Chaplain offered a prayer, and Mr. Blumenthal led the Senate in reciting the Pledge of Allegiance to the Flag of the United States of America.The Journal
Pursuant to the order of yesterday, the Journal of the proceedings of the Senate was deemed approved to date.Certain Procedures Dispensed With
Pursuant to the order of yesterday, the morning hour being deemed expired, and the times for the recognition of the two leaders being reserved.Transaction of Morning Business
Pursuant to the order of yesterday, the Senate proceeded to a period for the transaction of morning business.Legislative Business (Tuesday, May 15)
H.R. 2072
(Rep. Miller):
To reauthorize the Export-Import Bank of the United
States, and for other purposes.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure agreed to in Senate by
Unanimous Consent.
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Measure laid before Senate by motion.
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Passed Senate, under the order of 5/14/2012, having achieved 60 votes in
the affirmative, without amendment by Yea-Nay Vote. 78 - 20. Record Vote
Number:
96
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Message on Senate action sent to the House.
S.Amdt. 2100
(Sen. Lee):
To phase out the authority of the Export-Import
Bank of the United States and to require the President to initiate
negotiations with other major exporting countries to end subsidized export
financing programs.
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Amendment SA 2100 proposed by Senator Lee.
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Amendment SA 2100, under the order of 5/14/2012, not having achieved 60
votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote.
12 - 86. Record Vote Number:
91
S.Amdt. 2101
(Sen. Paul):
To prohibit the Export-Import Bank of the United
States from providing financing to a person or for a project in a country
the government or central bank of which holds debt instruments of the
United States.
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Amendment SA 2101 proposed by Senator Paul.
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Amendment SA 2101, under the order of 5/14/2012, not having achieved 60
votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote. 9
- 89. Record Vote Number:
92
S.Amdt. 2102
(Sen. Corker):
To require the Export-Import Bank of the United
States to provide financing only for transactions subsidized by export
credit agencies of other countries or for which private sector financing is
unavailable or prohibitively expensive and to require the Bank to maintain
a ratio of capital to the outstanding principal balance of loans and loan
guarantees of not less than 10 percent.
--
Amendment SA 2102 proposed by Senator Corker.
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Amendment SA 2102, under the order of 5/14/2012, not having achieved 60
votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote.
36 - 62. Record Vote Number:
93
S.Amdt. 2103
(Sen. Vitter):
To clarify the requirement that the Export-Import
Bank of the United States not make or guarantee loans that are subordinate
to other loans, to restrict financing of certain fossil fuel projects in
foreign countries, and to prohibit financing of renewable energy products
manufactured in foreign countries.
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Amendment SA 2103 proposed by Senator Vitter.
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Amendment SA 2103, under the order of 5/14/2012, not having achieved 60
votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote.
37 - 61. Record Vote Number:
94
S.Amdt. 2104
(Sen. Toomey):
To prohibit an increase in the lending authority
of the Export-Import Bank of the United States to more than $100,000,000
,000 until the Secretary of the Treasury certifies that the Secretary has
initiated international negotiations to eliminate export financing programs
and to prohibit an increase in that lending authority to more than $120,000
,000,000 until a multilateral agreement to eliminate export financing
programs has been completed.
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Amendment SA 2104 proposed by Senator Toomey.
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Amendment SA 2104, under the order of 5/14/2012, not having achieved 60
votes in the affirmative, was not agreed to in Senate by Yea-Nay Vote.
35 - 63. Record Vote Number:
95
S. 2343
(Sen. Reid):
To amend the Higher Education Act of 1965 to extend
the reduced interest rate for Federal Direct Stafford Loans, and for other
purposes.
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Motion to proceed to consideration of measure made in Senate.
S.Res. 460
(Sen. Boxer):
A resolution designating the week of May 20 through
May 26, 2012, as "National Public Works Week".
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Submitted in the Senate, considered, and agreed to without amendment and
with a preamble by Unanimous Consent.
S.Res. 461
(Sen. Lautenberg):
A resolution recognizing the teachers of the United
States for their contributions to the development and progress of our Nation
.
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Submitted in the Senate, considered, and agreed to without amendment and
with a preamble by Unanimous Consent.
Executive Business (Tuesday, May 15)
PN1225
:
Jeremy C. Stein, of Massachusetts, to be a Member
of the Board of Governors of the Federal Reserve System for the unexpired
term of fourteen years from February 1, 2004
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Motion to proceed to executive session to consideration of nomination made
in Senate.
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Cloture motion presented in Senate.
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By unanimous consent agreement, that relative to the cloture motion filed
on the nomination the mandatory quorum required under Rule XXII be waived.
PN1226
:
Jerome H. Powell, of Maryland, to be a Member of
the Board of Governors of the Federal Reserve System for the unexpired term
of fourteen years from February 1, 2000
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Motion to proceed to executive session to consideration of nomination made
in Senate.
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Cloture motion presented in Senate.
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By unanimous consent agreement, that relative to the cloture motion filed
on the nomination the mandatory quorum required under Rule XXII be waived.