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Enron Mail |
Steve - Abdul got this instead of you, Lotus Notes freaked on me.
Abdhul - Please disregard. Sorry. ---------------------- Forwarded by Chris Long/Corp/Enron on 09/08/2000 09:51 AM --------------------------- Chris Long 09/08/2000 09:39 AM To: Mark E Haedicke/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Abdul Khan/NA/AZURIX@AZURIX, Richard Shapiro/HOU/EES@EES, Cynthia Sandherr/Corp/Enron@ENRON, Joe Hillings/Corp/Enron@ENRON, Tom Briggs/NA/Enron@Enron, Lisa Yoho/HOU/EES@EES, raislerk@sullcrom.com cc: Subject: CEA Update Congress returned from its August recess with a flurry of activities on the CEA reauthorization. Lee Sachs at Treasury reported that the CFTC and SEC have been meeting over the last several weeks and "progress is being made on Shad-Johnson". An agreement on Shad -Johnson is critical to moving the legislation. House staff said that the Banking Committee filed its report to the Rules Committee which allows the Rules Committee to begin considering which combination of the three versions will be sent to the full House. ISDA, the Banking Coalition, and the Exchanges (in conjunction with Energy Group) are meeting to reconcile the differences and have met with Agriculture Committee Chairman Ewing to this end. Chairman Ewing would like differences resolved by September 14, the Rules Committee to report HR 4541 by September 18, and have House Floor action by September 21. Everyone agrees that the House Agriculture bill will be the basis from which Rules works. We faired better in the House Commerce Committee on multilaterals and metals so we need to ensure that the Commerce Committee provisions are picked up by the Rules Committee. We will meet with Rules Committee staff next week to advocate this. Numerous staff have said that House leadership lobbying is important at this time to push this to the "hot list" of issues for resolution before Congress adjourns. After speaking to Senator Gramm's staff, it is clear that they are waiting on House action. We have presented the "all non-agriculture commodity language" to Senator Gramm's office, which is under consideration. I will follow up with the Democratic staff this week. What next? I recommend we send the attached letter to the House Leadership, as well Chairmen of the Rules, Ag, Commerce, and Banking under Ken Lay's signature. In addition to DC office lobby visits, we can follow up with personal contact as folks from Houston are available to come to DC. We had contemplated a senior-level Enron official phone call to Senator Gramm to spur action from his office, but this is still premature. Senator Gramm's staff advised that this would do little to move Gramm until the House is closer to action. Please call with any questions.
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