Providing for consideration of the bill (H.R. 4296) to place requirements on operational risk capital requirements for banking organizations established by an appropriate Federal banking agency, and providing for consideration of the bill (H.R. 4607) to amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes.

Bill 115 H.Res. 747 is a resolution that sets the rules for considering two bills in the US Congress. The first bill, H.R. 4296, aims to impose requirements on operational risk capital requirements for banking organizations as determined by a Federal banking agency. This bill seeks to ensure that banks have enough capital to cover potential losses from operational risks.

The second bill, H.R. 4607, proposes to amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996. The amendment would require Federal financial regulators to conduct a comprehensive review of regulations to identify any outdated or unnecessary requirements imposed on covered persons. The goal of this bill is to streamline regulations and reduce unnecessary burdens on individuals and businesses in the financial sector.

Overall, Bill 115 H.Res. 747 sets the stage for the consideration of these two bills that aim to address issues related to capital requirements for banks and regulatory burdens in the financial sector.