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12 U.S.C. · Banks and Banking
12 U.S.C. § 5614

Exercise of Federal Reserve authority

Ch. 53 — WALL STREET REFORM AND CONSUMER PROTECTION
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 53
Statutory Text

12 U.S.C. § 5614 — Exercise of Federal Reserve authority

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 53 - WALL STREET REFORM AND CONSUMER PROTECTION SUBCHAPTER VI - FEDERAL RESERVE SYSTEM PROVISIONS Sec. 5614 - Exercise of Federal Reserve authority From the U.S. Government Publishing Office, www.gpo.gov

§5614. Exercise of Federal Reserve authority

(1) No decisions by Federal reserve bank presidents No provision of subchapter I relating to the authority of the Board of Governors shall be construed as conferring any decision-making authority on presidents of Federal reserve banks. (2) Voting decisions by Board The Board of Governors shall not delegate the authority to make any voting decision that the Board of Governors is authorized or required to make under subchapter I of this chapter in contravention of section 248(k) of this title.

(Pub. L. 111–203, title XI, §1108(d), July 21, 2010, 124 Stat. 2127.)

Editorial Notes

References in Text Subchapter I, referred to in text, was in the original "title I", meaning title I of Pub. L. 111–203, July 21, 2010, 124 Stat. 1391, known as the Financial Stability Act of 2010, which is classified principally to subchapter I (§5311 et seq.) of this chapter. For complete classification of title I to the Code, see Short Title note set out under section 5301 of this title and Tables.

Source: uscode.house.gov — public domain Official Source ↗
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12 U.S.C. § 5614
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The statutory text of 12 U.S.C. § 5614 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 12 U.S.C. § 5613 12 U.S.C. § 5621 →
Ch. 53 — WALL STREET REFORM AND CONSUMER PROTECTION
12 U.S.C. § 530112 U.S.C. § 530212 U.S.C. § 530312 U.S.C. § 531112 U.S.C. § 532112 U.S.C. § 532212 U.S.C. § 532312 U.S.C. § 532412 U.S.C. § 532512 U.S.C. § 532612 U.S.C. § 532712 U.S.C. § 532812 U.S.C. § 532912 U.S.C. § 533012 U.S.C. § 533112 U.S.C. § 533212 U.S.C. § 533312 U.S.C. § 533412 U.S.C. § 533512 U.S.C. § 534112 U.S.C. § 534212 U.S.C. § 534312 U.S.C. § 534412 U.S.C. § 534512 U.S.C. § 534612 U.S.C. § 536112 U.S.C. § 536212 U.S.C. § 536312 U.S.C. § 536412 U.S.C. § 5365
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