Congressional Update
Recent Bills/Resolutions
- H.R.4173: Wall Street Reform and Consumer Protection Act of 2009.
- Creates Consumer Financial Protection Agency
- Gives Treasury the power to put non-bank financial companies into recievership and regulate derivatives
- Passed house 12/11/09
- Presented to Senate, read twice
- S.1765: hate Crimes Against the Homeless Statistics Act.
- Amends Hate Crime Statistics Act to include crimes against the homeless
- S.1789: Fair Sentencing Act of 2009
- increase the amount of a controlled substance or mixture containing a cocaine base (i.e., crack cocaine) required for the imposition of mandatory minimum prison terms for crack cocaine trafficking to eliminate the sentencing disparity between crack and powder cocaine
- Increases the monetary penalties and emliminates mandatory sentencing for 1st time offenders
