§ 250. Independence of financial regulatory agencies

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1974

   Pub. L. 93–495 title I § 111 · 88 Stat. 1500

   Enacted · 12 U.S.C. § 250

   Pub. L. 93–495, title I, § 111, Oct. 28, 1974, 88 Stat. 1506

   Source evidence

   Code source credit
   Pub. L. 93–495, title I, § 111, Oct. 28, 1974, 88 Stat. 1506

   Enacted provision · exact public law section
   Sec. 111. independence of financial regulatory agencies 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 Federal Home Loan Bank Board, 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.

2. 1994

   Riegle Community Development and Regulatory Improvement Act of 1994

   Pub. L. 103–325 title III § 331(a) · 108 Stat. 2160

   Inserted · 12 U.S.C. § 250

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

   Source evidence

   Code amendment note
   Pub. L. 103–325 inserted “the Comptroller of the Currency,” after “Federal Deposit Insurance Corporation,”.

   Enacted provision · exact public law section
   (a) Public Law 93–495.— Section 111 of Public Law 93–495 (12 U.S.C. 250) is amended by inserting “the Comptroller of the Currency,” after “Federal Deposit Insurance Corporation,”.

3. 1999

   Pub. L. 106–102 title VI § 606(e)(2) · 113 Stat. 1338

   Substituted · 12 U.S.C. § 250

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

   Source evidence

   Code amendment note
   Pub. L. 106–102 substituted “Director of the Office of Thrift Supervision, the Federal Housing Finance Board,” for “Federal Home Loan Bank Board,”.

   Enacted provision · exact public law section
   (2) Technical amendment.— Section 111 of Public Law 93–495 (12 U.S.C. 250) is amended by striking “Federal Home Loan Bank Board,” and inserting “Director of the Office of Thrift Supervision, the Federal Housing Finance Board,”.

4. 2008

   Federal Housing Finance Regulatory Reform Act of 2008

   Pub. L. 110–289 div. A title I § 1102(b) · 122 Stat. 2654

   Substituted · 12 U.S.C. § 250

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

   Source evidence

   Code amendment note
   Pub. L. 110–289 substituted “the Director of the Federal Housing Finance Agency” for “the Federal Housing Finance Board”.

   Enacted provision · exact public law section
   (b) Independence in Congressional Testimony and Recommendations.— Section 111 of Public Law 93–495 (12 U.S.C. 250) is amended by striking “the Federal Housing Finance Board” and inserting “the Director of the Federal Housing Finance Agency”.

4 of 4 references resolved to an enrolled provision