S.Amdt. 2061Senate115th Congress (2017-2019)

S.Amdt. 2061

Submitted March 6, 2018

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Senate amendment submitted

March 6, 2018

Text

Submitted

SA 2061. 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:
(_) Outsourcing of Jobs.--
(1) In general.--Any financial institution that has
outsourced more than 50 jobs in any given year during the 5-
year period ending on the date of enactment of this Act shall
be subject to the provisions amended by this section in
effect on the day before the date of enactment of this Act.
(2) Study and rulemaking.--Not later than 180 days after
the date of enactment of this Act, the Board of Governors of
the Federal Reserve System, in consultation with the
Secretary of Labor, shall publish a list of financial
institutions that have outsourced more than 50 jobs in any
given year during the 5-year period ending on the date of
enactment of this Act.
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