The Federal Deposit Insurance Corporation, the Comptroller of the Currency, the National Credit Union Administration Board, the Federal Housing Finance Agency, the Office of Financial Research, and the Bureau of Consumer Financial Protection, the  Farm Credit Administration, in establishing and adjusting schedules of compensation and benefits which are to be determined solely by each agency under applicable provisions of law, shall inform the heads of the other agencies and the Congress of such compensation and benefits and shall seek to maintain comparability regarding compensation and benefits.
(b) Commodity Futures Trading Commission
In establishing and adjusting schedules of compensation and benefits for employees of the Commodity Futures Trading Commission under applicable provisions of law, the Commission shall—
(1)inform the heads of the agencies referred to in subsection (a) of this section and Congress of such compensation and benefits; and
(2)seek to maintain comparability with those agencies regarding compensation and benefits.
 So in original. Probably should be “Research, the Bureau of Consumer Financial Protection, and the”.
Section was enacted as part of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, and not as part of the Federal Deposit Insurance Act which comprises this chapter.
2010—Subsec. (a). Pub. L. 111–203, § 367(8)(B), which directed striking out “, and the Office of Thrift Supervision” could not be executed because those words did not appear subsequent to amendment by Pub. L. 111–203, § 152(d)(3)(B). See below.
Pub. L. 111–203, § 367(8)(A), which directed substitution of “Agency, and” for “Board, the Oversight Board of the Resolution Trust Corporation”, was executed by substituting “Agency” for “Board” after “Federal Housing Finance”, to reflect the probable intent of Congress and the amendments made by Pub. L. 107–123and section 302(a) ofPub. L. 102–233. See 2002 Amendment note and Change of Name note below.
Pub. L. 111–203, § 152(d)(3), substituted “Finance Board, the Office of Financial Research, and the Bureau of Consumer Financial Protection” for “Finance Board,” and struck out “and the Office of Thrift Supervision,” after “Credit Administration,”.
2002—Pub. L. 107–171designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).
Pub. L. 107–123struck out “the Thrift Depositor Protection Oversight Board of the Resolution Trust Corporation” after “Federal Housing Finance Board,”.
Change of Name
Oversight Board redesignated Thrift Depositor Protection Oversight Board, effective Feb. 1, 1992, see section 302(a) ofPub. L. 102–233, formerly set out as a note under section
1441a of this title. Thrift Depositor Protection Oversight Board abolished, see section
14(a)–(d) of Pub. L. 105–216, formerly set out as a note under section
1441a of this title.
Effective Date of 2010 Amendment
Amendment by section
152(d)(3)of Pub. L. 111–203effective 1 day after July 21, 2010, except as otherwise provided, see section 4 ofPub. L. 111–203, set out as an Effective Date note under section
5301 of this title.
Amendment by section 367(8) ofPub. L. 111–203effective on the transfer date, see section 351 ofPub. L. 111–203, set out as a note under section
906 of Title
2, The Congress.
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The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Statutes at Large
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