,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #gda  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #bd1 #bjai,mr4
 ,tipton 7= himself1 ,mr4 ,budd1 ,mr4   
,m>%all1 ,mr4 ,womack1 ,mr4 ,lucas1 ,mr4
 ,rodney ,davis ( ,ill9ois1 ,mr4 ,b>r1  
,mr4 ,k+ ( ,new ,york1 ,mr4 ,l\d]milk1  
,mr4 ,mull91 ,mr4 ,=t5b]ry1 ,mr4 ,latta1
 ,mr4 ,coll9s ( ,new ,york1 ,mr4 ,buck1 
,mr4 ,johnson ( ,ohio1 ,mr4 ,cole1 ,mr4 
,/iv]s1 ,mr4 ,zeld91 ,mr4 ,davidson (   
,ohio1 ,mr4 ,posey1 ,mr4 ,hill (        
,arkansas1 ,mr4 ,riggleman1 & ,mr4      
,ku/(f ( ,t5nessee7 introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,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 
( #bjai or ! ,,tailor ,act ( #bjai4  #b4
 ,regulations appropriate to bus9ess    

models  7a7 ,9 g5]al ,= any regulatory  
action occurr+ aft] ! date ( ! enactm5t 
( ?is ,act1 ea* ,f$]al f9ancial         
in/itutions regulatory ag5cy %all--     
7#a7 take into consid]ation ! risk      
pr(ile & bus9ess models ( ea* type (    
in/itution or class ( 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 9 a mann] t limits !  
regulatory compliance impact1 co/1      
liability risk1 & o!r burd5s1 z         
appropriate1 = ! risk pr(ile & bus9ess  
model ( ! in/itution or class (         
in/itutions involv$4  7b7 ,o!r          
consid]ations ,9 c>ry+ out ! requirem5ts
 ( subsection 7a71 ea* ,f$]al f9ancial  
in/itutions regulatory ag5cy %all       
consid]--  7#a7 ! impact t su*          
regulatory action1 bo? by itself & 9    
conjunction ) ! aggregate effect ( o!r  
regulations1 has on ! ability ( !       

applicable in/itution or class (        
in/itutions to s]ve evolv+ & div]se     
cu/om] ne$s2  7#b7 ! pot5tial impact (  
exam9ation manuals1 regulatory actions  
tak5 ) respect to ?ird-p>ty s]vice      
provid]s1 or o!r regulatory directives t
 may be 9 conflict or inconsi/5t ) !    
tailor+ ( su* regulatory action describ$
 9 subsection 7a77#c72 &  7#c7 ! und]ly+
 policy objectives ( ! regulatory action
 & /atutory s*eme involv$4  7c7 ,notice 
( propos$ & f9al rulemak+ ,ea* ,f$]al   
f9ancial in/itutions regulatory ag5cy   
%all disclose 9 e notice ( propos$      
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 ,n lat] ?an #a   
ye> aft] ! date ( ! enactm5t ( ?is ,act 
& annually !reaft]1 ea* ,f$]al f9ancial 
in/itutions regulatory ag5cy %all report
 to ! ,committee on ,f9ancial ,s]vices (
 ! ,h\se ( ,repres5tatives & !          
,committee on ,bank+1 ,h\s+1 & ,urban   

,affairs ( ! ,s5ate on ! specific       
actions tak5 to tailor ! regulatory     
actions ( ! ag5cy pursuant to !         
requirem5ts ( ?is ,act4  7,b7 ,appe>ance
 be=e ! ,committees ,! head ( ea* ,f$]al
 f9ancial in/itution regulatory ag5cy   
%all appe> be=e ! ,committee on         
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate aft] ea* report is made pursuant 
to subp>agraph 7,a7 to te/ify on !      
cont5ts ( su* report4  7#b7 ,,fiec      
reports  7,a7 ,9 g5]al ,n lat] ?an #c   
mon?s aft] ea* report is submitt$ "u    
p>agraph 7#a71 ! ,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 ( ! 
,s5ate on--  7i7 ! ext5t to :i*         
regulatory actions tailor$ pursuant to  
?is ,act result 9 diff]5t treatm5t (    
simil>ly situat$ in/itutions ( div]se   
*>t] types2 &  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,a7 to te/ify on !      
cont5ts ( su* report4  7e7 ,limit$      
look-,back application  7#a7 ,9 g5]al   
,ea* ,f$]al f9ancial in/itutions        
regulatory ag5cy %all conduct a review (
 all regulations adopt$ dur+ ! p]iod    
beg9n+ on ! date t is sev5 ye>s be=e !  
date ( ! introduction ( ?is ,act 9 !    
,h\se ( ,repres5tatives & end+ on ! date
 ( ! enactm5t ( ?is ,act1 & apply !     
requirem5ts ( ?is ,act to su*           
regulations4  7#b7 ,revision ,if !      
application ( ! requirem5ts ( ?is ,act  
to any su* regulation requires su*      
regulation to be revis$1 ! applicable   
,f$]al f9ancial in/itutions regulatory  
ag5cy %all revise su* regulation )9 #c  

ye>s ( ! enactm5t ( ?is ,act4  7f7      
,def9itions ,9 ?is ,act1 ! 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