Providing for consideration of the bill (H.R. 3340) to place the Financial Stability Oversight Council and the Office of Financial Research under the regular appropriations process, to provide for certain quarterly reporting and public notice and comment requirements for the Office of Financial Research, and for other purposes, and providing for consideration of the bill (H.R. 3791) to raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes.

Bill 114 H.Res. 671 is a resolution that sets the rules for considering two bills in the US Congress. The first bill, H.R. 3340, aims to place the Financial Stability Oversight Council and the Office of Financial Research under the regular appropriations process. This means that funding for these entities would need to be approved by Congress on a yearly basis, rather than being automatically allocated. The bill also includes requirements for quarterly reporting and public notice and comment for the Office of Financial Research.

The second bill, H.R. 3791, seeks to raise the consolidated assets threshold under the small bank holding company policy statement. This would allow more small banks to qualify for regulatory relief, as they would not be subject to the same stringent regulations as larger banks.

Overall, Bill 114 H.Res. 671 is focused on financial oversight and regulation, with the goal of ensuring transparency and accountability in the financial sector. It is important for Congress to carefully consider these bills in order to protect the stability of the financial system and support small banks in their operations.