S.Amdt. 2163Senate115th Congress (2017-2019)
S.Amdt. 2163
Sponsored by
Sen. Catherine Cortez Masto (D-NV)
Submitted March 8, 2018
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Senate amendment submitted
March 8, 2018
Text
Submitted
SA 2163. Ms. CORTEZ MASTO 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 appropriate place, insert the following: SEC. ___. ESTABLISHMENT OF THE FINANCIAL FINES AND CRIMES REGISTRY. (a) Definition.--In this section, the term ``covered agency'' means-- (1) the Federal Deposit Insurance Corporation; (2) the Federal Housing Finance Agency; (3) the Office of the Comptroller of the Currency; (4) the Board of Governors of the Federal Reserve System; (5) the Bureau of Consumer Financial Protection; (6) the Securities and Exchange Commission; (7) the Department of Justice; (8) the Department of Housing and Urban Development; (9) the Commodity Futures Trading Commission; and (10) the Department of the Treasury. (b) Establishment.--Each covered agency shall establish and make accessible on a public website a database to be known as the ``Financial Fines and Crimes Registry'' that shall list all penalties (civil and criminal) that the covered agency has assessed in the previous 20 years against any financial institution, as defined under section 5312(a) of title 31, United States Code, with assets greater than $50,000,000,000 at the time the penalty was assessed, including any actions taken by the covered agency against an executive, director, or officer of the financial institution. ______