Political Quotes

“Mr. Speaker, pursuant to House Resolution 811, I call up 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 ask for its immediate consideration in the House. The Clerk read the title of the bill. The SPEAKER pro tempore (Mr. Mitchell). Pursuant to House Resolution 811, 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 115-67, is adopted, and the bill, as amended, is considered read. The text of the bill, as amended, is as follows: H.R. 4790 Be it enacted by the Senate and House of Representatives of the United Sates of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Volcker Rule Regulatory Harmonization Act''. SEC. 2. RULEMAKING AUTHORITY UNDER THE VOLCKER RULE. (a) In General.--Paragraph (2) of section 13(b) of the Bank Holding Company Act of 1956 (12 U.S.C.…”