12-U.S.C.-250

12-U.S.C.-250

§250 – Independence of Financial Regulatory Agencies

Pathway

Title 12 > Chapter 3 > Subchapter II > Section 250

Details

  • Reference: Section 250
  • Legend: §250 – Independence of Financial Regulatory Agencies
  • USCode Year: 2013

Provision Content

No officer or agency of the United States shall have any authority to require the Securities and Exchange Commission, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the Director of the Federal Housing Finance Agency, or the National Credit Union Administration to submit legislative recommendations, or testimony, or comments on legislation, to any officer or agency of the United States for approval, comments, or review, prior to the submission of such recommendations, testimony, or comments to the Congress if such recommendations, testimony, or comments to the Congress include a statement indicating that the views expressed therein are those of the agency submitting them and do not necessarily represent the views of the President.

(Pub. L. 93–495, title I, §111, Oct. 28, 1974, 88 Stat. 1506; Pub. L. 103–325, title III, §331(a), Sept. 23, 1994, 108 Stat. 2232; Pub. L. 106–102, title VI, §606(e)(2), Nov. 12, 1999, 113 Stat. 1455; Pub. L. 110–289, div. A, title I, §1102(b), July 30, 2008, 122 Stat. 2664.)

Codification

Section was not enacted as part of the Federal Reserve Act which comprises this chapter.

Amendments

2008—Pub. L. 110–289 substituted the Director of the Federal Housing Finance Agency for the Federal Housing Finance Board.

1999—Pub. L. 106–102 substituted Director of the Office of Thrift Supervision, the Federal Housing Finance Board, for Federal Home Loan Bank Board,.

1994—Pub. L. 103–325 inserted the Comptroller of the Currency, after Federal Deposit Insurance Corporation,.

U.S. Encyclopedia of Law Coverage

12-U.S.C.-248 in the Legal Encyclopedia: Banking Law

In this entry about 12-U.S.C.-248, find legal reference material, bibliographies and premiere content related to banking law in the American Encyclopedia of Law, presenting a comprehensive view of the United States banking law-specific issues, written by authorities in the field.

12-U.S.C.-244 in the Legal Encyclopedia: Federal Reserve System

In this entry about 12-U.S.C.-244, find legal reference material, bibliographies and premiere content related to federal reserve system in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal reserve system-specific issues, written by authorities in the field.

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