Title 12 — Banks and Banking
Part F · Chapter 53 — Wall Street Reform and Consumer Protection
§ 5586. Interim authority of the Secretary
Statutory text
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.
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.
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.
Consumer Financial Protection Act of 2010
Pub. L. 111–203 title X § 1066 · 124 Stat. 1376
Enacted · 12 U.S.C. § 5586
(Pub. L. 111–203, title X, § 1066, July 21, 2010, 124 Stat. 2055.)
Source evidence
Code source credit
(Pub. L. 111–203, title X, § 1066, July 21, 2010, 124 Stat. 2055.)Enacted provision · exact public law section
SEC. 1066. INTERIM AUTHORITY OF THE SECRETARY. (a) In General.— The Secretary is authorized to perform the functions of the Bureau under this subtitle until the Director of the Bureau is confirmed by the Senate in accordance with section 1011. (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.
1 of 1 references resolved to an enrolled provision