[Congressional Record Volume 164, Number 41 (Thursday, March 8, 2018)]
[Senate]
[Page S1586]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2163. Ms. CORTEZ MASTO 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. ___. ESTABLISHMENT OF THE FINANCIAL FINES AND CRIMES
REGISTRY.
(a) Definition.--In this section, the term ``covered
agency'' means--
(1) the Federal Deposit Insurance Corporation;
(2) the Federal Housing Finance Agency;
(3) the Office of the Comptroller of the Currency;
(4) the Board of Governors of the Federal Reserve System;
(5) the Bureau of Consumer Financial Protection;
(6) the Securities and Exchange Commission;
(7) the Department of Justice;
(8) the Department of Housing and Urban Development;
(9) the Commodity Futures Trading Commission; and
(10) the Department of the Treasury.
(b) Establishment.--Each covered agency shall establish and
make accessible on a public website a database to be known as
the ``Financial Fines and Crimes Registry'' that shall list
all penalties (civil and criminal) that the covered agency
has assessed in the previous 20 years against any financial
institution, as defined under section 5312(a) of title 31,
United States Code, with assets greater than $50,000,000,000
at the time the penalty was assessed, including any actions
taken by the covered agency against an executive, director,
or officer of the financial institution.
______