S.Amdt. 2174

SA 2174. Mr. SASSE submitted an amendment intended to be proposed by
him 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 title II, add the following:

SEC. 2__. ENSURING A COMPREHENSIVE REGULATORY REVIEW.

(a) In General.--Section 2222 of the Economic Growth and
Regulatory Paperwork Reduction Act of 1996 (12 U.S.C. 3311)
is amended--
(1) in subsection (a)--
(A) by striking ``each appropriate Federal banking agency
represented on the Council'' and inserting ``each of the
Office of the Comptroller of the Currency, the Federal
Deposit Insurance Corporation, the Board of Governors of the
Federal Reserve System, and the Bureau of Consumer Financial
Protection as the Federal agency representatives on the
Council'';
(B) by striking ``any such appropriate Federal banking
agency'' and inserting ``any such Federal agency''; and
(C) by striking ``insured depository institutions'' and
inserting ``financial institutions'';
(2) in subsections (b), (c), and (d), by striking ``the
appropriate Federal banking agency'' each place that term
appears and inserting ``the appropriate Federal agency
described in subsection (a)''; and
(3) in subsection (e)--
(A) in paragraph (1), by striking ``the appropriate Federal
banking agencies'' and inserting ``the appropriate Federal
agencies described in subsection (a)''; and
(B) in paragraph (2), by striking ``the appropriate Federal
banking agency'' and inserting ``the appropriate Federal
agency described in subsection (a)''.
(b) Required Regulatory Review.--Not later than 1 year
after the date of enactment of this Act, the Bureau of
Consumer Financial Protection shall complete the review
required under section 2222 of the Economic Growth and
Regulatory Paperwork Reduction Act of 1996 (12 U.S.C. 3311),
complying with all the requirements under that section.
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