The size of the rebellion and the seniority of the rebels may support efforts to tighten language in the legislation as it makes its way to the Senate.
They offered a few concessions, including tightened language for the sentencing of guerrilla leaders, but ignored demands that the FARC be banned from political participation.
The first amendment proposed to the bill, by Senator Barbara Boxer, Democrat of California, was intended to tighten language in the bill regarding how the government would handle any future collapses of financial companies.
DealBook » Volcker Rule Gets Murky Treatment | The authors of the Volcker Rule sought to tighten language on proprietary trading, but the case of "the London Whale" illustrates how banks, with the complicity of regulators, can evade the provision's objective, Jesse Eisinger writes in The Trade.
Mr. Brownback's move had the effect of killing an amendment by Senators Jeff Merkley, Democrat of Oregon, and Carl Levin, Democrat of Michigan, to tighten language barring banks from proprietary trading, or playing the markets with their own money -- a restriction generally known as the Volcker rule for the former Fed chairman Paul A. Volcker, who proposed the idea.
The White House proposal for tightening the language goes further than Bloomberg suggested.
"They should accept some compensation guidelines, particularly to get rid of the perverse incentives where it's 'heads I win, tails I break even.' " Mr. Frank said Democrats were also thinking about tightening the language on the debt limit to make clear that the additional borrowing authority could be used only for the bailout plan.
This explanation would be consistent with coincident changes to immigration policy for GSM applicants that were targeted at international students (including tightening of language and educational conditions; e.g. Hawthorne, 2011).
Bordallo's amendment tightening the language prohibiting vessel transport of fins was passed by voice vote.
So Congress tightened the language.
"Congress tightened the language to prevent this, and yet banks still may get away with this under the proposed rules".
