S.Amdt. 2058

SA 2058. Ms. WARREN submitted an amendment intended to be proposed by
her to the bill S. 2155, to promote economic growth, provide tailored
regulatory relief, and enhance consumer protections, and for other
purposes; which was ordered to lie on the table; as follows:

At the end of section 401, add the following:
(g) Restriction on Certain Bank Holding Companies.--
(1) Definition.--In this subsection, the term ``covered
bank holding company'' means a bank holding company that--
(A) on the day before the date of enactment of this Act,
was subject to the prudential standards under section 165 of
the Financial Stability Act of 2010 (12 U.S.C. 5365); and
(B) on or after the date of enactment of this Act, is no
longer subject to the prudential standards described in
subparagraph (A).
(2) Restriction.--During the 5-year period beginning on the
date on which a covered bank holding company is no longer
subject to the prudential standards described in paragraph
(1)(A), a covered bank holding company may not merge with or
acquire another bank holding company.
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