ms. bean, and the gentleman from texas, mr. neugebauer, and the gentlewoman from new york, ms. velazquez, and the gentleman from missouri, mr. graves, each will control 15 minutes. the chair recognizes the gentlelady from illinois. ms. bean: thank you, mr. chairman. i yield myself five minutes. the chair: the gentlelady is recognized for five minutes. ms. bean: mr. chairman, our nation's economic rebirth relies on our community businesses to innovate, develop and market solutions that deliver measurable value to their customers. their success drives the majority of new jobs in our nation. they are the engine of innovation and their resiliencey to reinvent their business models and adapt to emerging growth models is critical. it's their creativity that drives 13 times more patents per employees than large firms. they are beyond the goods and services and jobs they provide, they invest in the bricks and mortar. they have supply chains that depend on their businesses. they do charitable givings a

ms. bean: i yield two minutes to the gentleman from texas. the chair: the gentleman is recognized for two minutes. mr. hinojosa: mr. speaker, i rise in strong support of h.r. 5297, the small business lending fund act of 2010. i ask unanimous consent to insert into today's record letters of support for h.r. 5297 from the national association of realtors, from the independent community banks of america and from the conference of state bank supervisors. the chair: the gentleman's request is covered by general leave. mr. hinojosa: this legislation will help small businesses survive and thrive in the current economic climate by providing the secretary of the treasury temporary authority to make capital investments up to $30 billion to banks and savings associations with assets of less than $10 billion and to their parent holding companies provide -- provided they also have assets of less than $10 billion. mr. speaker, h.r. 5297 increases the availability of credit for small businesses. it provides

ms. bean: i yield myself as much time as i may consume. i want to acknowledge congressman price's amendment and its recognition of the challenges faciig not only community businesses seeking loans but the community banksers that are trying to provide them -- bankers that are trying to provide them. his amendment recognizes the mixed messages between regulators urging more lending while regulators and examiners are often urging less, particularly in the area of commercial real estate. that's why i have a bill that addresses both priorities, by expanding the sba 504 program to allow banks to lend to small businesses for owner-occupied properties while easing the exposure on their bank's balance sheet with investments from the c.b.c.'s. i also want to acknowledge that this amendment recognizes the credit crisis that's challenging our country and our small businesses particularly, which is the point of this underlying bill and i hope my colleague will support the underlying bill as it addresses those credit challenges. thank you and i yield ba

ms. bean: i yield to congresswon waters. the chair: how much me are you yielding the gentlelady is recognized for 1 1/2 minutes. ms. waters: tha you very much, mr. chaian. this amendment has the existing authority of the secry of housing and urban development to raise down payment standards it deems necessary to ensure the financial health f.h.a. a embodies exactly what secretary donovan, indicates it i the st thi to do for the current economic environment. in addition the cretary has e authorit to reduc this down payment should economic conditns change and indicates it can be done while preserving the health of e pital reserv. this amendme also calls for the secretary to provide an annual report of t implementation of the down payment requirement, the impact on f.h.a.'s capital reserves, theouing market generally, all the mber f.h.a. borrowers, and the impact o any pposed changes on borw hers. is is an important amendmen that should receive strong bipartisan suprt. and i thank corewoman bean for all the wo she's do on this e

ms. bean: i move that the committee rise. the chair: the question is on the motion to rise. those in favor say aye. those opposed, no. the ayes have it. the committee rises. the speaker pro tempore: the house will come to order. madam chair. the chair: the committee of the whole house on the state of the union, having had under consideration h.r. 5297, directs me to report that it has come to no resolution thereon. the speaker pro tempore: the chair of the committee of the whole house on the state of the union reports that the committee has had under consideration h.r. 5297 and has come to no -- to no resolution thereon. the speaker pro tempore: pursuant to laws 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are ordered. or on which the vote incurs objection under clause 6 of rule 20. recorded votes on postponed questions will be taken later. for what purpose does the gentleman from connecticut seek recognition? >> madam speaker, i move that the house suspend the rules and agree to

ms. bean: thank you, madam chairwoman. i just want to acknowledge congressman braillely's efforts recognizing the challenges americans have -- braley's efforts recognizing the challenges americans have reading documents particularly lending disclosures. this amendment is a commonsense approach to making the program more accessible. i commepped his leadership to expand plain language to our government documents. i yield back. the chair: the gentlewoman from illinois yield back the remainder of her time. the gentleman from texas -- from iowa. mr. braley: madam speaker, i think that the comments that you heard are indicative of what's wrong with the way of government agencies write their documents. i think deplorable that we have to take this action, but the sad truth is anybody who's looked at these loan documents knows how serious this problem is. i think this is a small step in the right direction. i call this the little engine that could. if we implement this across tte board in federal agencies, american taxpayers and co

ms. bean: thank you, madam speaker. since the 2008 financial crisis that reduced the values of our homes and savings, our constituents have demanded action and answers. what went wrong and what will congress do to make sure it doesn't happen again? this bill answers with strong protections for american families. the problems started in our neighborhoods where too many homebuyers took out loans they couldn't afford and too many lenders approved those loans, this bill ends a period of no doc loans and drive-by appraisals with new lending standards, with risk retention to ensure lenders want to keep those good loans on their books and rating agency liability and reform. next derivatives were at heart of the a.i.g. failure. this bill creates regulation where it did not exist in this multitrillion dollar market with required transparency, ensuring that these reported. capital reserves will be required to back up the risks they take and protect the entire system and most important, it ends tax bailouts. those companies who ta