S.Amdt. 2399

SA 2399. Ms. WARREN submitted an amendment intended to be proposed by
her to the bill H.R. 1, to provide for reconciliation pursuant to title
II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. _____. PROHIBITION.

The Board of Governors of the Federal Reserve System, the
Federal Deposit Insurance Corporation, the Office of the
Comptroller of the Currency, the Securities and Exchange
Commission, the Federal Housing Finance Agency, and the
Bureau of Consumer Financial Protection shall reject any
regulatory application, including for a license, charter, or
product approval, submitted by a financial institution owned
or controlled, directly

[[Page S3974]]

or indirectly, by the President or the immediate family of
the President.
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