[House Report 115-629]
[From the U.S. Government Publishing Office]


115th Congress   }                                     {       Report
                        HOUSE OF REPRESENTATIVES
 2d Session      }                                     {      115-629

======================================================================

 
   PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 4790) TO AMEND THE 
  VOLCKER RULE TO GIVE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE 
 SYSTEM SOLE RULEMAKING AUTHORITY, TO EXCLUDE COMMUNITY BANKS FROM THE 
REQUIREMENTS OF THE VOLCKER RULE, AND FOR OTHER PURPOSES, AND PROVIDING 
           FOR CONSIDERATION OF MOTIONS TO SUSPEND THE RULES

                                _______
                                

   April 10, 2018.--Referred to the House Calendar and ordered to be 
                                printed

                                _______
                                

                 Mr. Buck, from the Committee on Rules,
                        submitted the following

                              R E P O R T

                       [To accompany H. Res. 811]

    The Committee on Rules, having had under consideration 
House Resolution 811, by a record vote of 9 to 3, report the 
same to the House with the recommendation that the resolution 
be adopted.

                SUMMARY OF PROVISIONS OF THE RESOLUTION

    The resolution provides for consideration of H.R. 4790, the 
Volcker Rule Regulatory Harmonization Act, under a closed rule. 
The resolution provides one hour of debate equally divided and 
controlled by the chair and ranking minority member of the 
Committee on Financial Services. The resolution waives all 
points of order against consideration of the bill. The 
resolution provides that an amendment in the nature of a 
substitute consisting of the text of Rules Committee Print 115-
67 shall be considered as adopted and the bill, as amended, 
shall be considered as read. The resolution waives all points 
of order against provisions in the bill, as amended. The 
resolution provides one motion to recommit with or without 
instructions.
    Section 2 of the resolution provides that it shall be in 
order at any time on the legislative day of April 12, 2018, for 
the Speaker to entertain motions that the House suspend the 
rules as though under clause 1 of rule XV, relating to H.J. 
Res. 2, proposing a balanced budget amendment to the 
Constitution of the United States. The resolution provides that 
debate on such a motion shall be extended to four hours. The 
resolution provides that the Chair may postpone further 
consideration of such a motion to a time designated by the 
Speaker.

                         EXPLANATION OF WAIVERS

    Although the resolution waives all points of order against 
consideration of H.R. 4790, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.
    Although the resolution waives all points of order against 
provisions in the H.R. 4790, as amended, the Committee is not 
aware of any points of order. The waiver is prophylactic in 
nature.

                            COMMITTEE VOTES

    The results of each record vote on an amendment or motion 
to report, together with the names of those voting for and 
against, are printed below:

Rules Committee record vote No. 197

    Motion by Mr. McGovern to strike section 2 of the rule. 
Defeated: 3-7

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                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Cole........................................          Nay   Mr. McGovern......................          Yea
Mr. Woodall.....................................          Nay   Mr. Hastings of Florida...........          Yea
Mr. Burgess.....................................          Nay   Mr. Polis.........................          Yea
Mr. Collins.....................................          Nay
Mr. Byrne.......................................          Nay
Mr. Newhouse....................................          Nay
Mr. Buck........................................  ............
Ms. Cheney......................................  ............
Mr. Sessions, Chairman..........................          Nay
----------------------------------------------------------------------------------------------------------------

Rules Committee record vote No. 198

    Motion by Mr. Cole to report the rule. Adopted: 9-3

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                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Cole........................................          Yea   Mr. McGovern......................          Nay
Mr. Woodall.....................................          Yea   Mr. Hastings of Florida...........          Nay
Mr. Burgess.....................................          Yea   Mr. Polis.........................          Nay
Mr. Collins.....................................          Yea
Mr. Byrne.......................................          Yea
Mr. Newhouse....................................          Yea
Mr. Buck........................................          Yea
Ms. Cheney......................................          Yea
Mr. Sessions, Chairman..........................          Yea
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