Mr. Speaker, pursuant to House Resolution 747, I call up the bill (H.R. 4296) to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency, 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 747, 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 115-60, modified by the amendment printed in part A of House Report 115-582, is adopted, and the bill, as amended, is considered read. The text of the bill, as amended, is as follows: H.R. 4296 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. OPERATIONAL RISK CAPITAL REQUIREMENTS FOR BANKING ORGANIZATIONS.…
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Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Huizenga), who is the chairman of our Capital Markets, Securities, and Investments Subcommittee.
Mr. Speaker, how much time do I have remaining? The SPEAKER pro tempore. The gentleman from Texas has 2\3/4\ minutes remaining.
Mr. Speaker, I yield myself the balance of my time. Indeed, Mr. Speaker, some would say the ranking member and I can't agree even on the time of day. I was told when this debate started that thunderstorms came over Washington, D.C., it was…
Mr. Speaker, I yield 1\1/2\ minutes to the gentleman from New Jersey (Mr. MacArthur), who is also the author of the legislation for the reauthorization bill before us. Mr. MacARTHUR. Mr. Speaker, I spent about 30 years in the insurance…





