,,ii #aac? ,,congress #b;d ,session ,s4 #bbab ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #c1 #bjad ,mrs4 ,fis*] introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,consum] ,f9ancial ,protection ,act ( #bjaj to /r5g!n ! review au?ority ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil ( regulations issu$ by ! ,bureau ( ,consum] ,f9ancial ,protection1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,cfpb ,improvem5t ,act ( #bjad4 #b4 ,c\ncil vot+ proc$ure ,section #ajbc7;c77#c77;,a7 ( ! ,consum] ,f9ancial ,protection ,act ( #bjaj 7#ab ,u4,s4,c4 #eeac7;c77#c77;,a77 is am5d$-- 7#a7 by /rik+ #b_/c & ins]t+ a majority2 & 7#b7 by ins]t+ be=e ! p]iod ! foll[+3 1 exclud+ ! ,director4 #c4 ,review au?ority ( ! ,c\ncil ,section #ajbc ( ! ,consum] ,f9ancial ,protection ,act ( #bjaj 7#ab ,u4,s4,c4 #eeac7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by /rik+ may & ins]t+ %all2 & 7,b7 by /rik+ regulation or provision w\ld put ! safety & s\ndness ( ! ,unit$ ,/ates bank+ sy/em or ! /ability ( ! f9ancial sy/em ( ! ,unit$ ,/ates at risk & ins]t+ regulation t is ! subject ( ! petition is inconsi/5t ) ! safe & s\nd op]ations ( ,unit$ ,/ates f9ancial in/itutions2 & 7#b7 9 subsection 7c7-- 7,a7 9 p>agraph 7#c77;,b77ii71 by /rik+ w\ld put ! safety & s\ndness ( ! ,unit$ ,/ates bank+ sy/em or ! /ability ( ! f9ancial sy/em ( ! ,unit$ ,/ates at risk & ins]t+ is inconsi/5t ) ! safe & s\nd op]ations ( ,unit$ ,/ates f9ancial in/itutions2 7,b7 9 p>agraph 7#d7-- 7i7 by /rik+ subp>agraph 7,b72 & 7ii7 by r$esignat+ subp>agraph 7,c7 z subp>agraph 7,b72 7,c7 by /rik+ p>agraph 7#e72 & 7,d7 by r$esignat+ p>agraphs 7#f71 7#g71 & 7#h7 z p>agraphs 7#e71 7#f71 & 7#g71 respectively4 #d4 ,safety & s\ndness *eck ,section #ajbb7;b77#b77;,a7 ( ! ,consum] ,f9ancial ,protection ,act ( #bjaj 7#ab ,u4,s4,c4 #eeab7;b77#b77;,a77 is am5d$-- 7#a7 9 clause 7i71 by /rik+ & at ! end2 7#b7 9 clause 7ii71 by add+ & at ! end2 & 7#c7 by add+ at ! end ! foll[+3 7iii7 ! impact ( su* rule on ! f9ancial safety or s\ndness ( an insur$ depository in/itution2 4