[Congressional Record Volume 164, Number 40 (Wednesday, March 7, 2018)]
[Senate]
[Page S1485]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2117. Mr. MENENDEZ 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 section 401, add the following:
       (g) Performance Goals or Quotas.--Notwithstanding any other 
     provision in this title, a bank holding company with total 
     consolidated assets greater than $50,000,000,000 shall be 
     subject to standards or requirements under sections 116(a), 
     121(a), 155(d), 163(b), 164, and 165 of the Financial 
     Stability Act of 2010 (12 U.S.C. 5326(a), 5331(a), 5345(d), 
     5363(b), 5364, 5365) that are no less stringent than the 
     standards or requirements applicable to the bank holding 
     company on December 1, 2017 if, during the 5-year period 
     ending on the date of enactment of this Act, the bank holding 
     company used, or presently uses, individual sales performance 
     goals or quotas as a compensation metric for employees at a 
     branch.
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