12 USC 5586: Interim authority of the Secretary
Text contains those laws in effect on April 18, 2024
From Title 12-BANKS AND BANKINGCHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTIONSUBCHAPTER V-BUREAU OF CONSUMER FINANCIAL PROTECTIONPart F-Transfer of Functions and Personnel; Transitional Provisions
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§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.
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