Statutes, codes, and regulations
United States Code
Title 12 - BANKS AND BANKINGChapter 53 - WALL STREET REFORM AND CONSUMER PROTECTIONSubchapter V - BUREAU OF CONSUMER FINANCIAL PROTECTION
Part F - TRANSFER OF FUNCTIONS AND PERSONNEL; TRANSITIONAL PROVISIONS
Section 5586 - Interim authority of the Secretary

12 U.S.C. § 5586

Download
PDF
Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 5586 - Interim authority of the Secretary
(a) In general

The Secretary is authorized to perform the functions of the Bureau under this part until the Director of the Bureau is confirmed by the Senate in accordance with section 5491 of this title.

(b) Interim administrative services by the Department of the Treasury

The Department of the Treasury may provide administrative services necessary to support the Bureau before the designated transfer date.

12 U.S.C. § 5586

Pub. L. 111-203, title X, §10661066,, 124 Stat. 2055.
Bureau
The term "Bureau" means the Bureau of Consumer Financial Protection.
Director
The term "Director" means the Director of the Bureau.
designated transfer date
The term "designated transfer date" means the date established under section 5582 of this title.