[Congressional Record Volume 164, Number 39 (Tuesday, March 6, 2018)]
[Senate]
[Page S1386]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2064. Ms. WARREN (for herself and Mr. Durbin) 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:

       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 is not 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)(I) that is subject to a consent decree or a deferred 
     prosecution agreement; or
       (II) with respect to which a monitor has been appointed 
     pursuant to a settlement with the Federal Government or a 
     State agency.
       (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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