[Congressional Record Volume 164, Number 39 (Tuesday, March 6, 2018)]
[Senate]
[Page S1383]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2052. Ms. STABENOW 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. __. REQUIREMENT TO INVESTIGATE SIGNIFICANT VIOLATIONS 
                   AND DATA BREACHES.

       In the case of a potential violation of laws or regulations 
     within its jurisdiction known to affect or reasonably 
     believed to affect at least 1,000,000 consumers, or a data 
     breach known to affect or reasonably believed to affect at 
     least 1,000,000 consumers, the Bureau of Consumer Financial 
     Protection shall investigate the incident and promptly submit 
     to Congress a report detailing why the Bureau of Consumer 
     Financial Protection did or did not assess fines and 
     penalties or take other corrective actions. Such report shall 
     be posted contemporaneously on the website of the Bureau of 
     Consumer Financial Protection at a location that is 
     conspicuous and available to the public.
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