Mr. Speaker, pursuant to House Resolution 787, I call up the bill (H.R. 4566) to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act, and ask for its immediate consideration in the House. The Clerk read the title of the bill. The SPEAKER pro tempore. Pursuant to House Resolution 787, in lieu of the amendment in the nature of a substitute recommended by the Committee on Financial Services printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-65, is adopted, and the bill, as amended, is considered read. The text of the bill, as amended, is as follows: H.R. 4566 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Alleviating Stress Test Burdens to Help Investors Act''. SEC. 2. STRESS TEST RELIEF FOR NONBANKS. Section 165(i) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C.…
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If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
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