terms, respectively, by the Corporation, and the 
term ‘other Federal regulations and orders’ 
shall mean regulations and orders of the Fed-
eral financial regulators, other than the Cor-
poration. 
‘‘(B) 
FEDERAL
FINANCIAL
REGU-
LATORS.—The term ‘Federal financial regu-
lators’ means the Board of Governors of the 
Federal Reserve System, the Bureau of Con-
sumer Financial Protection, the Commodity Fu-
tures Trading Commission, the Comptroller of 
the Currency, the Corporation, the National 
Credit Union Administration, and the Securities 
and Exchange Commission.’’. 
SEC. 3. OFFICE OF COMPTROLLER OF THE CURRENCY. 
Section 324 of the Revised Statutes of the United 
States (12 U.S.C. 1) is amended by adding at the end 
the following: 
‘‘(c) REVIEW OF REGULATIONS.— 
‘‘(1) IN GENERAL.—Before issuing a regulation 
or order the Comptroller of the Currency shall as-
sess other Federal regulations and orders to deter-
mine the interaction between the proposed regulation 
or order and other Federal regulations and orders. 
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‘‘(2) CONSIDERATIONS.—In making a deter-
mination of the interaction between the proposed 
regulation or order and other Federal regulations, 
the Comptroller shall evaluate the following: 
‘‘(A) Whether the proposed regulation or 
order is in conflict with other Federal regula-
tions or orders. 
‘‘(B) Whether the proposed regulation or 
order is inconsistent with other Federal regula-
tions or orders. 
‘‘(C) Whether the proposed regulation or 
order is duplicative of other Federal regulations 
or orders. 
‘‘(D) Whether other Federal regulations or 
orders are outdated. 
‘‘(3) RESOLVING
DUPLICATIVE
OR
INCON-
SISTENT
REGULATIONS
OR
ORDERS.—The Comp-
troller shall take all available measures under cur-
rent law to resolve any duplicative or inconsistent 
existing regulation or order with any proposed regu-
lation or order before issuing a final regulation or 
order. 
‘‘(4) REPORT TO CONGRESS.—Not later than 
the end of the 60-day period beginning on the date 
the Comptroller makes a determination under para-
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graph (2), the Comptroller shall issue a report to the 
Congress containing recommendations made by the 
Comptroller, including any recommendations of Fed-
eral laws or regulations that should be repealed or 
amended, so that the Congress may repeal or amend 
any conflicting, inconsistent, duplicative, or outdated 
laws or regulations. 
‘‘(5) LIMITATION ON JUDICIAL REVIEW.—Not-
withstanding any other provision of law, a court may 
not compel action or hold unlawful and set aside any 
action solely on the basis of compliance or non-
compliance with the requirements of this subsection. 
‘‘(6) REGULATION AND ORDER DEFINED.—For 
purposes of this subsection, the terms ‘regulation’ 
and ‘order’ shall have the meaning given those 
terms, respectively, by the Comptroller, and the term 
‘other Federal regulations and orders’ shall mean 
regulations and orders of the Federal financial regu-
lators (as defined under section 9(c)(6)(B) of the 
Federal Deposit Insurance Act), other than the 
Comptroller.’’. 
SEC. 4. BOARD OF GOVERNORS OF THE FEDERAL RESERVE 
SYSTEM. 
Section 10 of the Federal Reserve Act is amended 
by inserting before paragraph (12) the following: 
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‘‘(11) REVIEW OF REGULATIONS.— 
‘‘(A) IN GENERAL.—Before issuing a regu-
lation or order the Board of Governors of the 
Federal Reserve System shall assess other Fed-
eral regulations and orders to determine the 
interaction between the proposed regulation or 
order and other Federal regulations and orders. 
‘‘(B) CONSIDERATIONS.—In making a de-
termination of the interaction between the pro-
posed regulation or order and other Federal 
regulations, the Board of Governors shall evalu-
ate the following: 
‘‘(i) Whether the proposed regulation 
or order is in conflict with other Federal 
regulations or orders. 
‘‘(ii) Whether the proposed regulation 
or order is inconsistent with other Federal 
regulations or orders. 
‘‘(iii) Whether the proposed regulation 
or order is duplicative of other Federal 
regulations or orders. 
‘‘(iv) Whether other Federal regula-
tions or orders are outdated. 
‘‘(C) RESOLVING DUPLICATIVE OR INCON-
SISTENT
REGULATIONS
OR
ORDERS.—The 
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Board of Governors shall take all available 
measures under current law to resolve any du-
plicative or inconsistent existing regulation or 
order with any proposed regulation or order be-
fore issuing a final regulation or order. 
‘‘(D) REPORT
TO
CONGRESS.—Not later 
than the end of the 60-day period beginning on 
the date the Board of Governors makes a deter-
mination under subparagraph (B), the Board of 
Governors shall issue a report to the Congress 
containing recommendations made by the 
Board of Governors, including any recommen-
dations of Federal laws or regulations that 
should be repealed or amended, so that the 
Congress may repeal or amend any conflicting, 
inconsistent, duplicative, or outdated laws or 
regulations. 
‘‘(E) LIMITATION ON JUDICIAL REVIEW.— 
Notwithstanding any other provision of law, a 
court may not compel action or hold unlawful 
and set aside any action solely on the basis of 
compliance or noncompliance with the require-
ments of this paragraph. 
‘‘(F) 
REGULATION
AND
ORDER
DE-
FINED.—For purposes of this paragraph, the 
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terms ‘regulation’ and ‘order’ shall have the 
meaning given those terms, respectively, by the 
Board of Governors, and the term ‘other Fed-
eral regulations and orders’ shall mean regula-
tions and orders of the Federal financial regu-
lators (as defined under section 9(c)(6)(B) of 
the Federal Deposit Insurance Act), other than 
the Board of Governors.’’. 
SEC. 5. BUREAU OF CONSUMER FINANCIAL PROTECTION. 
Section 1022 of the Consumer Financial Protection 
Act of 2010 (12 U.S.C. 5512) is amended by adding at 
the end the following: 
‘‘(e) REVIEW OF REGULATIONS.— 
‘‘(1) IN GENERAL.—Before issuing a regulation 
or order the Bureau shall assess other Federal regu-
lations and orders to determine the interaction be-
tween the proposed regulation or order and other 
Federal regulations and orders. 
‘‘(2) CONSIDERATIONS.—In making a deter-
mination of the interaction between the proposed 
regulation or order and other Federal regulations, 
the Bureau shall evaluate the following: 
‘‘(A) Whether the proposed regulation or 
order is in conflict with other Federal regula-
tions or orders. 
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‘‘(B) Whether the proposed regulation or 
order is inconsistent with other Federal regula-
tions or orders. 
‘‘(C) Whether the proposed regulation or 
order is duplicative of other Federal regulations 
or orders. 
‘‘(D) Whether other Federal regulations or 
orders are outdated. 
‘‘(3) RESOLVING
DUPLICATIVE
OR
INCON-
SISTENT
REGULATIONS
OR
ORDERS.—The Bureau 
shall take all available measures under current law 
to resolve any duplicative or inconsistent existing 
regulation or order with any proposed regulation or 
order before issuing a final regulation or order. 
‘‘(4) REPORT TO CONGRESS.—Not later than 
the end of the 60-day period beginning on the date 
the Bureau makes a determination under paragraph 
(2), the Bureau shall issue a report to the Congress 
containing recommendations made by the Bureau, 
including any recommendations of Federal laws or 
regulations that should be repealed or amended, so 
that the Congress may repeal or amend any con-
flicting, inconsistent, duplicative, or outdated laws or 
regulations. 
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‘‘(5) LIMITATION ON JUDICIAL REVIEW.—Not-
withstanding any other provision of law, a court may 
not compel action or hold unlawful and set aside any 
action solely on the basis of compliance or non-
compliance with the requirements of this subsection. 
‘‘(6) REGULATION AND ORDER DEFINED.—For 
purposes of this subsection, the terms ‘regulation’ 
and ‘order’ shall have the meaning given those 
terms, respectively, by the Bureau, and the term 
‘other Federal regulations and orders’ shall mean 
regulations and orders of the Federal financial regu-
lators (as defined under section 9(c)(6)(B) of the 
Federal Deposit Insurance Act), other than the Bu-
reau.’’. 
SEC. 6. NATIONAL CREDIT UNION ADMINISTRATION. 
Section 102 of the Federal Credit Union Act (12 
U.S.C. 1752a) is amended by adding at the end the fol-
lowing: 
‘‘(g) REVIEW OF REGULATIONS.— 
‘‘(1) IN GENERAL.—Before issuing a regulation 
or order the Administration shall assess other Fed-
eral regulations and orders to determine the inter-
action between the proposed regulation or order and 
other Federal regulations and orders. 
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‘‘(2) CONSIDERATIONS.—In making a deter-
mination of the interaction between the proposed 
regulation or order and other Federal regulations, 
the Administration shall evaluate the following: 
‘‘(A) Whether the proposed regulation or 
order is in conflict with other Federal regula-
tions or orders. 
‘‘(B) Whether the proposed regulation or 
order is inconsistent with other Federal regula-
tions or orders. 
‘‘(C) Whether the proposed regulation or 
order is duplicative of other Federal regulations 
or orders. 
‘‘(D) Whether other Federal regulations or 
orders are outdated. 
‘‘(3) RESOLVING
DUPLICATIVE
OR
INCON-
SISTENT REGULATIONS OR ORDERS.—The Adminis-
tration shall take all available measures under cur-
rent law to resolve any duplicative or inconsistent 
existing regulation or order with any proposed regu-
lation or order before issuing a final regulation or 
order. 
‘‘(4) REPORT TO CONGRESS.—Not later than 
the end of the 60-day period beginning on the date 
the Administration makes a determination under 
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paragraph (2), the Administration shall issue a re-
port to the Congress containing recommendations 
made by the Administration, including any rec-
ommendations of Federal laws or regulations that 
should be repealed or amended, so that the Congress 
may repeal or amend any conflicting, inconsistent, 
duplicative, or outdated laws or regulations. 
‘‘(5) LIMITATION ON JUDICIAL REVIEW.—Not-
withstanding any other provision of law, a court may 
not compel action or hold unlawful and set aside any 
action solely on the basis of compliance or non-
compliance with the requirements of this subsection. 
‘‘(6) REGULATION AND ORDER DEFINED.—For 
purposes of this subsection, the terms ‘regulation’ 
and ‘order’ shall have the meaning given those 
terms, respectively, by the Administration, and the 
term ‘other Federal regulations and orders’ shall 
mean regulations and orders of the Federal financial 
regulators (as defined under section 9(c)(6)(B) of 
the Federal Deposit Insurance Act), other than the 
Administration.’’. 
SEC. 7. SECURITIES AND EXCHANGE COMMISSION. 
Section 4 of the Securities Exchange Act of 1934 (15 
U.S.C. 78d) is amended by adding at the end the fol-
lowing: 
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‘‘(j) REVIEW OF REGULATIONS.— 
‘‘(1) IN GENERAL.—Before issuing a regulation 
or order the Commission shall assess other Federal 
regulations and orders to determine the interaction 
between the proposed regulation or order and other 
Federal regulations and orders. 
‘‘(2) CONSIDERATIONS.—In making a deter-
mination of the interaction between the proposed 
regulation or order and other Federal regulations, 
the Commission shall evaluate the following: 
‘‘(A) Whether the proposed regulation or 
order is in conflict with other Federal regula-
tions or orders. 
‘‘(B) Whether the proposed regulation or 
order is inconsistent with other Federal regula-
tions or orders. 
‘‘(C) Whether the proposed regulation or 
order is duplicative of other Federal regulations 
or orders. 
‘‘(D) Whether other Federal regulations or 
orders are outdated. 
‘‘(3) RESOLVING
DUPLICATIVE
OR
INCON-
SISTENT REGULATIONS OR ORDERS.—The Commis-
sion shall take all available measures under current 
law to resolve any duplicative or inconsistent existing 
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regulation or order with any proposed regulation or 
order before issuing a final regulation or order. 
‘‘(4) REPORT TO CONGRESS.—Not later than 
the end of the 60-day period beginning on the date 
the Commission makes a determination under para-
graph (2), the Commission shall issue a report to 
the Congress containing recommendations made by 
the Commission, including any recommendations of 
Federal laws or regulations that should be repealed 
or amended, so that the Congress may repeal or 
amend any conflicting, inconsistent, duplicative, or 
outdated laws or regulations. 
‘‘(5) LIMITATION ON JUDICIAL REVIEW.—Not-
withstanding any other provision of law, a court may 
not compel action or hold unlawful and set aside any 
action solely on the basis of compliance or non-
compliance with the requirements of this subsection. 
‘‘(6) REGULATION AND ORDER DEFINED.—For 
purposes of this subsection, the terms ‘regulation’ 
and ‘order’ shall have the meaning given those 
terms, respectively, by the Commission, and the 
term ‘other Federal regulations and orders’ shall 
mean regulations and orders of the Federal financial 
regulators (as defined under section 9(c)(6)(B) of 
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the Federal Deposit Insurance Act), other than the 
Commission.’’. 
SEC. 8. COMMODITY FUTURES TRADING COMMISSION. 
Section 2(a) of the Commodity Exchange Act (7 
U.S.C. 2(a)) is amended by adding at the end the fol-
lowing: 
‘‘(16) REVIEW OF REGULATIONS.— 
‘‘(A) IN GENERAL.—Before issuing a regu-
lation or order the Commission shall assess 
other Federal regulations and orders to deter-
mine the interaction between the proposed regu-
lation or order and other Federal regulations 
and orders. 
‘‘(B) CONSIDERATIONS.—In making a de-
termination of the interaction between the pro-
posed regulation or order and other Federal 
regulations, the Commission shall evaluate the 
following: 
‘‘(i) Whether the proposed regulation 
or order is in conflict with other Federal 
regulations or orders. 
‘‘(ii) Whether the proposed regulation 
or order is inconsistent with other Federal 
regulations or orders. 
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