[Congressional Record Volume 164, Number 41 (Thursday, March 8, 2018)]
[Senate]
[Pages S1593-S1594]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2176. Mr. SASSE 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 title II, add the following:

     SEC. 2__. RULEMAKING AUTHORITY.

       Section 1022(b)(3) of the Consumer Financial Protection Act 
     of 2010 (12 U.S.C. 5512(b)(3)) is amended--
       (1) in subparagraph (A), by striking ``may'' and inserting 
     ``shall''; and
       (2) in subparagraph (B)--
       (A) in the matter preceding clause (i), by striking``, as 
     appropriate,'';
       (B) in clause (ii), by striking ``and'' at the end;
       (C) in clause (iii), by striking the period at the end and 
     inserting ``and''; and
       (D) by adding at the end the following:

[[Page S1594]]

       ``(iv) whether any provision of this title, or any rule 
     issued under this title, would be unnecessary or unduly 
     burdensome for the class of covered persons.''.
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