,,ib  ,union ,cal5d> ,no4 #fhj  #aad?   
,,congress  #b;d ,session  ,h4 ,r4 #bhif
  ,report ,no4 #aad-hgj  ,,9 ,,! ,,h\se 
,,( ,,repres5tatives  ,june #be1 #bjae  
,mr4 ,tipton 7= himself & ,mr4 ,b>r7    
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices     
,decemb] #ab1 #bjaf ,additional         
sponsors3 ,mr4 ,f>5?old1 ,mr4 ,blum1    
,mr4 ,c(fman1 ,mrs4 ,mimi ,walt]s (     
,cali=nia1 ,ms4 ,j5k9s ( ,kansas1 ,mr4  
,emm] ( ,m9nesota1 ,mr4 ,brid5/9e1 ,mr4 
,kelly ( ,p5nsylvania1 ,mr4 ,cr5%aw1    
,mr4 ,cram]1 ,mr4 ,mc,kinley1 ,mr4      
,posey1 ,mr4 ,poliqu91 ,mr4 ,gos>1 ,mr4 
,pompeo1 ,mr4 ,russell1 ,mr4 ,cole1 ,mr4
 ,hurt ( ,virg9ia1 ,mr4 ,smi? (         
,nebraska1 ,mr4 ,"y ( ,i[a1 ,mr4 ,tib]i1
 ,mr4 ,duffy1 ,mr4 ,mull91 ,mr4 ,kl9e1  
,mr4 ,des,jarlais1 ,mr4 ,duncan (       
,t5nessee1 ,mr4 ,pauls51 ,mr4 ,walb]g1  
,mr4 ,bu*anan1 ,mr4 ,ross1 ,mr4 ,mica1  
,mr4 ,buck1 ,mr4 ,brooks ( ,alabama1    
,mrs4 ,lummis1 ,mrs4 ,love1 ,mr4 ,f9*]1 
,mr4 ,p]lmutt]1 ,mr4 ,pitt5g]1 ,mr4     

,lamborn1 ,mr4 ,amodei1 ,mr4 ,joyce1    
,mr4 ,fitzpatrick1 ,mr4 ,/iv]s1 ,mr4    
,web/] ( ,florida1 ,mr4 ,ne:\se1 ,mrs4  
,com/ock1 ,mr4 ,jolly1 ,mr4 ,a%=d1 ,mr4 
,s5s5br5n]1 ,mr4 ,=t5b]ry1 ,mr4         
,?ornb]ry1 ,mr4 ,lucas1 ,mr4 ,johnson ( 
,ohio1 ,mr4 ,conaway1 ,mr4 ,duncan (    
,s\? ,c>ol9a1 ,mrs4 ,ellm]s ( ,nor?     
,c>ol9a1 ,mr4 ,*abot1 ,mr4 ,r5acci1 ,mr4
 ,williams1 ,mr4 ,b\/any1 ,mr4 ,abraham1
 ,mr4 ,bo/1 ,mr4 ,k+ ( ,new ,york1 ,mr4 
,gu?rie1 ,mr4 ,rodney ,davis ( ,ill9ois1
 ,mr4 ,latta1 ,mr4 ,ro?fus1 ,mr4 ,mill] 
( ,florida1 ,mr4 ,coll9s ( ,new ,york1  
,mr4 ,turn]1 ,mr4 ,graves ( ,l\isiana1  
,mr4 ,j5k9s ( ,we/ ,virg9ia1 ,mr4 ,web] 
( ,texas1 ,mr4 ,huelskamp1 ,mr4 ,royce1 
,mr4 ,gu9ta1 ,mr4 ,olson1 ,mr4 ,%u/]1   
,mr4 ,pet]son1 ,mr4 ,smi? ( ,texas1 ,mr4
 ,m>9o1 ,mrs4 ,wagn]1 ,mr4 ,pe>ce1 ,mr4 
,s*weik]t1 ,mr4 ,mulvaney1 ,mr4 ,hill1  
,mr4 ,neugebau]1 ,mr4 ,g>rett1 ,mr4     
,/utzman1 ,mr4 ,rice ( ,s\? ,c>ol9a1    
,mr4 ,:itfield1 ,mr4 ,mess]1 ,mr4       
,lance1 ,mr4 ,kelly ( ,mississippi1 ,mr4

 ,c>t] ( ,texas1 ,mr4 ,flores1 ,mr4     
,calv]t1 ,mr4 ,yoho1 ,mr4 ,san=d1 ,mr4  
,z9ke1 ,mr4 ,mc,henry1 ,mr4 ,=bes1 ,ms4 
,/efanik1 ,mr4 ,murphy ( ,p5nsylvania1  
,mr4 ,gro?man1 ,mr4 ,hudson1 ,mr4       
,sessions1 ,mr4 ,simpson1 ,mr4 ,jody ,b4
 ,hice ( ,georgia1 ,mr4 ,bab91 ,mr4     
,walz1 & ,mr4 ,rokita  ,decemb] #ab1    
#bjaf ,committ$ to ! ,committee ( !     
,:ole ,h\se on ! ,/ate ( ! ,union &     
ord]$ to be pr9t$  ,a ,,bill  ,to       
require ! ,f$]al f9ancial in/itutions   
regulatory ag5cies to take risk pr(iles 
& bus9ess models ( in/itutions into     
acc\nt :5 tak+ regulatory actions1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,tak+ ,acc\nt (        
,in/itutions ) ,l[ ,op]ation ,risk ,act 
( #bjae or ! ,,tailor ,act ( #bjae4  #b4
 ,regulations appropriate to bus9ess    
models  7a7 ,9 g5]al ,= any regulatory  
action occurr+ subsequ5t to enactm5t (  
?is section1 & not)/&+ any o!r provision
 ( law1 ! ,f$]al f9ancial in/itutions   
regulatory ag5cies %all--  7#a7 take    

into consid]ation ! risk pr(ile &       
bus9ess models ( ! v>i\s in/itutions or 
classes ( in/itutions subject to !      
regulatory action2  7#b7 det]m9e !      
necessity1 appropriat5ess1 & impact (   
apply+ su* regulatory action to su*     
in/itutions or classes ( in/itutions2 & 
7#c7 tailor su* regulatory action       
applicable to su* in/itutions or class (
 in/itutions 9 a mann] t limits !       
regulatory compliance impact1 co/1      
liability risk1 & o!r burd5s z is       
appropriate = ! risk pr(ile & bus9ess   
model involv$4  7b7 ,o!r consid]ations  
,9 satisfy+ ! requirem5ts ( subsection  
7a7 & :5 implem5t+ su* regulatory       
action1 ! ,f$]al f9ancial in/itutions   
regulatory ag5cies %all also consid]--  
7#a7 ! impact t su* regulatory action1  
bo? by itself & 9 conjunction ) !       
aggregate effect ( o!r regulations1 has 
on ! ability ( ! in/itution or class (  
in/itutions to flexibly s]ve evolv+ &   
div]se cu/om] ne$s2  7#b7 ! pot5tial    
un9t5d$ impact ( exam9ation manuals or  

o!r regulatory directives t "w 9        
conflict ) ! tailor+ ( su* regulatory   
action describ$ 9 subsection 7a77#c72 & 
7#c7 ! und]ly+ policy objectives ( !    
regulatory action & /atutory s*eme      
involv$4  7c7 ,notice ( propos$ & f9al  
rulemak+ ,! ,f$]al f9ancial in/itutions 
regulatory ag5cies %all disclose 9 e    
notice ( propos$ rulemak+ & 9 any f9al  
rulemak+ = a regulatory action h[ !     
ag5cy has appli$ subsections 7a7 & 7b74 
7d7 ,reports to ,congress  7#a7         
,individual ag5cy reports  7,a7 ,9 g5]al
 ,! ,f$]al f9ancial in/itutions         
regulatory ag5cies %all individually    
report to ! ,committee on ,f9ancial     
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate1 )9 twelve mon?s (  
enactm5t ( ?is section & annually       
!reaft]1 on ! specific actions tak5 to  
tailor ! ag5cy's regulatory actions     
pursuant to ! requirem5ts ( ?is section4
  7,b7 ,appe>ance be=e ! ,committees ,! 
head ( ea* ,f$]al f9ancial in/itution   

regulatory ag5cy %all appe> be=e !      
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate aft] ea* report is made pursuant 
to subp>agraph 7,a71 to te/ify on !     
cont5ts ( su* report4  7#b7 ,,fiec      
reports  7,a7 ,9 g5]al ,! ,f9ancial     
,in/itutions ,exam9ation ,c\ncil %all   
report to ! ,committee on ,f9ancial     
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate1 )9 ?ree mon?s aft] 
! reports requir$ "u p>agraph 7#a7--    
7i7 on ! ext5t to :i* regulatory actions
 tailor$ pursuant to ?is section result 
9 diff]5tial regulation (               
simil>ly-situat$ in/itutions ( div]se   
*>t] types ) respect to comp>able       
regulations2 &  7ii7 ! reasons = su*    
diff]5tial treatm5t4  7,b7 ,appe>ance   
be=e ! ,committees ,! ,*airman ( !      
,f9ancial ,in/itutions ,exam9ation      
,c\ncil %all appe> be=e ! ,committee on 
,f9ancial ,s]vices ( ! ,h\se (          

,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate aft] ea* report is made pursuant 
to subp>agraph 7,a71 to te/ify on !     
cont5ts ( su* report4  7e7 ,limit$      
look-,back application ,! ,f$]al        
f9ancial in/itutions regulatory ag5cies 
%all conduct a review ( all regulations 
adopt$ dur+ ! p]iod beg9n+ on ! date t  
is five ye>s be=e ! date ( !            
introduction ( ?is ,act 9 ! ,h\se (     
,repres5tatives & end+ on ! date ( !    
enactm5t ( ?is ,act & apply !           
requirem5ts ( ?is section to su*        
regulations4 ,if ! application ( !      
requirem5ts ( ?is section to any su*    
regulation requires su* regulation to be
 revis$1 ! ag5cy %all revise su*        
regulation )9 ?ree ye>s ( ! enactm5t (  
?is section4  7f7 ,def9itions ,=        
purposes ( ?is section1 ! foll[+        
def9itions %all apply3 7#a7 ,f$]al      
f9ancial in/itutions regulatory ag5cies 
,! t]m ,f$]al f9ancial in/itutions      
regulatory ag5cies means ! ,(fice ( !   

,comptroll] ( ! ,curr5cy1 ! ,bo>d (     
,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 !  
,f$]al ,deposit ,insurance ,corporation1
 ! ,national ,cr$it ,union              
,adm9i/ration1 & ! ,bureau ( ,consum]   
,f9ancial ,protection4  7#b7 ,regulatory
 action ,! t]m regulatory action means  
any propos$1 int]im1 or f9al rule or    
regulation1 guidance1 or publi%$        
int]pretation4  ,decemb] #ab1 #bjaf     
,committ$ to ! ,committee ( ! ,:ole     
,h\se on ! ,/ate ( ! ,union & ord]$ to  
be pr9t$