S.Amdt. 2063

SA 2063. Ms. WARREN submitted an amendment intended to be proposed by

[[Page S1386]]

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:

In section 401, add at the end the following:
(g) Application.--
(1) Definitions.--In this subsection--
(A) the terms ``bank holding company'' and ``nonbank
financial company supervised by the Board of Governors'' have
the meanings given the terms in section 102(a) of the
Financial Stability Act of 2010 (12 U.S.C. 5311(a)); and
(B) the term ``covered entity'' means a bank holding
company or a nonbank financial company supervised by the
Board of Governors--
(i) that would not be subject to prudential standards under
section 165 of the Financial Stability Act of 2010 (12 U.S.C.
5365) because of the amendments made by this section; and
(ii) on which the Attorney General, or the head of any
other Federal agency, has imposed more than $10,000,000 in
fines during the 10-year period preceding the date of
enactment of this Act.
(2) Application to certain financial institutions.--This
section, and the amendments made by this section, shall not
apply with respect to a covered entity.
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