  title iii transfer of powers to the comptroller of the currency, the corporation, and the board of governors  sec 300 short title  this title may be cited as the enhancing financial institution safety and soundness act of 2010    sec 301 purposes  the purposes of this title are  1 to provide for the safe and sound operation of the banking system of the united states   2 to preserve and protect the dual system of federal and state-chartered depository institutions   3 to ensure the fair and appropriate supervision of each depository institution, regardless of the size or type of charter of the depository institution and   4 to streamline and rationalize the supervision of depository institutions and the holding companies of depository institutions     sec 302 definition  in this title, the term transferred employee means, as the context requires, an employee transferred to the office of the comptroller of the currency or the corporation under section 322    subtitle a transfer of powers and duties  sec 311 transfer date  a transfer date except as provided in subsection b , the term transfer date means the date that is 1 year after the date of enactment of this act   b extension permitted  1 notice required the secretary, in consultation with the comptroller of the currency, the director of the office of thrift supervision, the chairman of the board of governors, and the chairperson of the corporation, may extend the period under subsection a and designate a transfer date that is not later than 18 months after the date of enactment of this act, if the secretary transmits to the committee on banking, housing, and urban affairs of the senate and the committee on financial services of the house of representatives  a a written determination that commencement of the orderly process to implement this title is not feasible by the date that is 1 year after the date of enactment of this act   b an explanation of why an extension is necessary to commence the process of orderly implementation of this title   c the transfer date designated under this subsection and   d a description of the steps that will be taken to initiate the process of an orderly and timely implementation of this title within the extended time period    2 publication of notice not later than 270 days after the date of enactment of this act, the secretary shall publish in the federal register notice of any transfer date designated under paragraph 1     sec 312 powers and duties transferred  a effective date this section, and the amendments made by this section, shall take effect on the transfer date   b functions of the office of thrift supervision  1 savings and loan holding company functions transferred  a transfer of functions there are transferred to the board of governors all functions of the office of thrift supervision and the director of the office of thrift supervision including the authority to issue orders relating to  i the supervision of  i any savings and loan holding company and   ii any subsidiary other than a depository institution of a savings and loan holding company and    ii all rulemaking authority of the office of thrift supervision and the director of the office of thrift supervision relating to savings and loan holding companies    b powers, authorities, rights, and duties the board of governors shall succeed to all powers, authorities, rights, and duties that were vested in the office of thrift supervision and the director of the office of thrift supervision on the day before the transfer date relating to the functions and authority transferred under subparagraph a    2 all other functions transferred  a board of governors all rulemaking authority of the office of thrift supervision and the director of the office of thrift supervision under section 11 of the home owners loan act 12 usc 1468 relating to transactions with affiliates and extensions of credit to executive officers, directors, and principal shareholders and under section 5 q of such act relating to tying arrangements is transferred to the board of governors   b comptroller of the currency except as provided in paragraph 1 and subparagraph a  i there are transferred to the office of the comptroller of the currency and the comptroller of the currency  i all functions of the office of thrift supervision and the director of the office of thrift supervision, respectively, relating to federal savings associations and   ii all rulemaking authority of the office of thrift supervision and the director of the office of thrift supervision, respectively, relating to savings associations and    ii the office of the comptroller of the currency and the comptroller of the currency shall succeed to all powers, authorities, rights, and duties that were vested in the office of thrift supervision and the director of the office of thrift supervision, respectively, on the day before the transfer date relating to the functions and authority transferred under clause i    c corporation except as provided in paragraph 1 and subparagraphs a and b  i all functions of the office of thrift supervision and the director of the office of thrift supervision relating to state savings associations are transferred to the corporation and   ii the corporation shall succeed to all powers, authorities, rights, and duties that were vested in the office of thrift supervision and the director of the office of thrift supervision on the day before the transfer date relating to the functions transferred under clause i      c conforming amendments section 3 of the federal deposit insurance act 12 usc 1813 is amended  1 in subsection q , by striking paragraphs 1 through 4 and inserting the following  1 the office of the comptroller of the currency, in the case of  a any national banking association   b any federal branch or agency of a foreign bank and   c any federal savings association    2 the federal deposit insurance corporation, in the case of  a any state nonmember insured bank   b any foreign bank having an insured branch and   c any state savings association    3 the board of governors of the federal reserve system, in the case of  a any state member bank   b any branch or agency of a foreign bank with respect to any provision of the federal reserve act which is made applicable under the international banking act of 1978   c any foreign bank which does not operate an insured branch   d any agency or commercial lending company other than a federal agency   e supervisory or regulatory proceedings arising from the authority given to the board of governors under section 7 c 1 of the international banking act of 1978, including such proceedings under the financial institutions supervisory act of 1966   f any bank holding company and any subsidiary other than a depository institution of a bank holding company and   g any savings and loan holding company and any subsidiary other than a depository institution of a savings and loan holding company    and   2 in paragraphs 1 and 3 of subsection u , by striking other than a bank holding company and inserting other than a bank holding company or savings and loan holding company    d consumer protection nothing in this section may be construed to limit or otherwise affect the transfer of powers under title x    sec 313 abolishment  effective 90 days after the transfer date, the office of thrift supervision and the position of director of the office of thrift supervision are abolished    sec 314 amendments to the revised statutes  a amendment to section 324 section 324 of the revised statutes of the united states 12 usc 1 is amended to read as follows  sec 324 comptroller of the currency  a office of the comptroller of the currency established there is established in the department of the treasury a bureau to be known as the office of the comptroller of the currency which is charged with assuring the safety and soundness of, and compliance with laws and regulations, fair access to financial services, and fair treatment of customers by, the institutions and other persons subject to its jurisdiction   b comptroller of the currency  1 in general the chief officer of the office of the comptroller of the currency shall be known as the comptroller of the currency the comptroller of the currency shall perform the duties of the comptroller of the currency under the general direction of the secretary of the treasury the secretary of the treasury may not delay or prevent the issuance of any rule or the promulgation of any regulation by the comptroller of the currency, and may not intervene in any matter or proceeding before the comptroller of the currency including agency enforcement actions , unless otherwise specifically provided by law   2 additional authority the comptroller of the currency shall have the same authority with respect to functions transferred to the comptroller of the currency under the enhancing financial institution safety and soundness act of 2010 as was vested in the director of the office of thrift supervision on the transfer date, as defined in section 311 of that act       b supervision of federal savings associations chapter 9 of title vii of the revised statutes of the united states 12 usc 1 et seq is amended by inserting after section 327a 12 usc 4a the following  sec 327b deputy comptroller for the supervision and examination of federal savings associations  the comptroller of the currency shall designate a deputy comptroller, who shall be responsible for the supervision and examination of federal savings associations      c amendment to section 329 section 329 of the revised statutes of the united states 12 usc 11 is amended by inserting before the period at the end the following or any federal savings association   d effective date this section, and the amendments made by this section, shall take effect on the transfer date    sec 315 federal information policy  section 3502 5 of title 44, united states code, is amended by inserting office of the comptroller of the currency, after the securities and exchange commission,    sec 316 savings provisions  a office of thrift supervision  1 existing rights, duties, and obligations not affected sections 312 b and 313 shall not affect the validity of any right, duty, or obligation of the united states, the director of the office of thrift supervision, the office of thrift supervision, or any other person, that existed on the day before the transfer date   2 continuation of suits this title shall not abate any action or proceeding commenced by or against the director of the office of thrift supervision or the office of thrift supervision before the transfer date, except that  a for any action or proceeding arising out of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the board of governors by this title, the board of governors shall be substituted for the office of thrift supervision or the director of the office of thrift supervision as a party to the action or proceeding on and after the transfer date   b for any action or proceeding arising out of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the office of the comptroller of the currency or the comptroller of the currency by this title, the office of the comptroller of the currency or the comptroller of the currency shall be substituted for the office of thrift supervision or the director of the office of thrift supervision, as the case may be, as a party to the action or proceeding on and after the transfer date and   c for any action or proceeding arising out of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the corporation by this title, the corporation shall be substituted for the office of thrift supervision or the director of the office of thrift supervision as a party to the action or proceeding on and after the transfer date     b continuation of existing ots orders, resolutions, determinations, agreements, regulations, etc all orders, resolutions, determinations, agreements, and regulations, interpretative rules, other interpretations, guidelines, procedures, and other advisory materials, that have been issued, made, prescribed, or allowed to become effective by the office of thrift supervision or the director of the office of thrift supervision, or by a court of competent jurisdiction, in the performance of functions that are transferred by this title and that are in effect on the day before the transfer date, shall continue in effect according to the terms of such orders, resolutions, determinations, agreements, and regulations, interpretative rules, other interpretations, guidelines, procedures, and other advisory materials, and shall be enforceable by or against  1 the board of governors, in the case of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the board of governors, until modified, terminated, set aside, or superseded in accordance with applicable law by the board of governors, by any court of competent jurisdiction, or by operation of law   2 the office of the comptroller of the currency or the comptroller of the currency, in the case of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the office of the comptroller of the currency or the comptroller of the currency, respectively, until modified, terminated, set aside, or superseded in accordance with applicable law by the office of the comptroller of the currency or the comptroller of the currency, by any court of competent jurisdiction, or by operation of law and   3 the corporation, in the case of a function of the office of thrift supervision or the director of the office of thrift supervision transferred to the corporation, until modified, terminated, set aside, or superseded in accordance with applicable law by the corporation, by any court of competent jurisdiction, or by operation of law    c identification of regulations continued  1 by the board of governors not later than the transfer date, the board of governors shall  a identify the regulations continued under subsection b that will be enforced by the board of governors and   b publish a list of the regulations identified under subparagraph a in the federal register    2 by office of the comptroller of the currency not later than the transfer date, the office of the comptroller of the currency shall  a after consultation with the corporation, identify the regulations continued under subsection b that will be enforced by the office of the comptroller of the currency and   b publish a list of the regulations identified under subparagraph a in the federal register    3 by the corporation not later than the transfer date, the corporation shall  a after consultation with the office of the comptroller of the currency, identify the regulations continued under subsection b that will be enforced by the corporation and   b publish a list of the regulations identified under subparagraph a in the federal register     d status of regulations proposed or not yet effective  1 proposed regulations any proposed regulation of the office of thrift supervision, which the office of thrift supervision in performing functions transferred by this title, has proposed before the transfer date but has not published as a final regulation before such date, shall be deemed to be a proposed regulation of the office of the comptroller of the currency or the board of governors, as appropriate, according to the terms of the proposed regulation   2 regulations not yet effective any interim or final regulation of the office of thrift supervision, which the office of thrift supervision, in performing functions transferred by this title, has published before the transfer date but which has not become effective before that date, shall become effective as a regulation of the office of the comptroller of the currency or the board of governors, as appropriate, according to the terms of the interim or final regulation, unless modified, terminated, set aside, or superseded in accordance with applicable law by the office of the comptroller of the currency or the board of governors, as appropriate, by any court of competent jurisdiction, or by operation of law     sec 317 references in federal law to federal banking agencies  on and after the transfer date, any reference in federal law to the director of the office of thrift supervision or the office of thrift supervision, in connection with any function of the director of the office of thrift supervision or the office of thrift supervision transferred under section 312 b or any other provision of this subtitle, shall be deemed to be a reference to the comptroller of the currency, the office of the comptroller of the currency, the chairperson of the corporation, the corporation, the chairman of the board of governors, or the board of governors, as appropriate and consistent with the amendments made in subtitle e    sec 318 funding  a compensation of examiners section 5240 of the revised statutes of the united states 12 usc 481 et seq is amended  1 in the second undesignated paragraph 12 usc 481 , in the fourth sentence, by striking without regard to the provisions of other laws applicable to officers or employees of the united states and inserting the following set and adjusted subject to chapter 71 of title 5, united states code, and without regard to the provisions of other laws applicable to officers or employees of the united states and   2 in the third undesignated paragraph 12 usc 482 , in the first sentence, by striking shall fix and inserting shall, subject to chapter 71 of title 5, united states code, fix    b funding of office of the comptroller of the currency chapter 4 of title lxii of the revised statutes is amended by inserting after section 5240 12 usc 481, 482 the following  sec 5240a the comptroller of the currency may collect an assessment, fee, or other charge from any entity described in section 3 q 1 of the federal deposit insurance act 12 usc 1813 q 1 , as the comptroller determines is necessary or appropriate to carry out the responsibilities of the office of the comptroller of the currency in establishing the amount of an assessment, fee, or charge collected from an entity under this section, the comptroller of the currency may take into account the nature and scope of the activities of the entity, the amount and type of assets that the entity holds, the financial and managerial condition of the entity, and any other factor, as the comptroller of the currency determines is appropriate funds derived from any assessment, fee, or charge collected or payment made pursuant to this section may be deposited by the comptroller of the currency in accordance with the provisions of section 5234 such funds shall not be construed to be government funds or appropriated monies, and shall not be subject to apportionment for purposes of chapter 15 of title 31, united states code, or any other provision of law the authority of the comptroller of the currency under this section shall be in addition to the authority under section 5240  the comptroller of the currency shall have sole authority to determine the manner in which the obligations of the office of the comptroller of the currency shall be incurred and its disbursements and expenses allowed and paid, in accordance with this section, except as provided in chapter 71 of title 5, united states code with respect to compensation      c funding of board of governors section 11 of the federal reserve act 12 usc 248 is amended by adding at the end the following  s assessments, fees, and other charges for certain companies  1 in general the board shall collect a total amount of assessments, fees, or other charges from the companies described in paragraph 2 that is equal to the total expenses the board estimates are necessary or appropriate to carry out the supervisory and regulatory responsibilities of the board with respect to such companies   2 companies the companies described in this paragraph are  a all bank holding companies having total consolidated assets of $50,000,000,000 or more   b all savings and loan holding companies having total consolidated assets of $50,000,000,000 or more and   c all nonbank financial companies supervised by the board under section 113 of the dodd-frank wall street reform and consumer protection act       d corporation examination fees section 10 e of the federal deposit insurance act 12 usc 1820 e is amended by striking paragraph 1 and inserting the following  1 regular and special examinations of depository institutions the cost of conducting any regular examination or special examination of any depository institution under subsection b 2 , b 3 , or d or of any entity described in section 3 q 2 may be assessed by the corporation against the institution or entity to meet the expenses of the corporation in carrying out such examinations     e effective date this section, and the amendments made by this section, shall take effect on the transfer date    sec 319 contracting and leasing authority  notwithstanding the federal property and administrative services act of 1949 41 usc 251 et seq or any other provision of law except the full and open competition requirements of the competition in contracting act , the office of the comptroller of the currency may  1 enter into and perform contracts, execute instruments, and acquire real property or property interest as the comptroller deems necessary to carry out the duties and responsibilities of the office of the comptroller of the currency and   2 hold, maintain, sell, lease, or otherwise dispose of the property or property interest acquired under paragraph 1      subtitle b transitional provisions  sec 321 interim use of funds, personnel, and property of the office of thrift supervision  a in general before the transfer date, the office of the comptroller of the currency, the corporation, and the board of governors shall  1 consult and cooperate with the office of thrift supervision to facilitate the orderly transfer of functions to the office of the comptroller of the currency, the corporation, and the board of governors in accordance with this title   2 determine jointly, from time to time  a the amount of funds necessary to pay any expenses associated with the transfer of functions including expenses for personnel, property, and administrative services during the period beginning on the date of enactment of this act and ending on the transfer date   b which personnel are appropriate to facilitate the orderly transfer of functions by this title and   c what property and administrative services are necessary to support the office of the comptroller of the currency, the corporation, and the board of governors during the period beginning on the date of enactment of this act and ending on the transfer date and    3 take such actions as may be necessary to provide for the orderly implementation of this title    b agency consultation when requested jointly by the office of the comptroller of the currency, the corporation, and the board of governors to do so before the transfer date, the office of thrift supervision shall  1 pay to the office of the comptroller of the currency, the corporation, or the board of governors, as applicable, from funds obtained by the office of thrift supervision through assessments, fees, or other charges that the office of thrift supervision is authorized by law to impose, such amounts as the office of the comptroller of the currency, the corporation, and the board of governors jointly determine to be necessary under subsection a   2 detail to the office of the comptroller of the currency, the corporation, or the board of governors, as applicable, such personnel as the office of the comptroller of the currency, the corporation, and the board of governors jointly determine to be appropriate under subsection a and   3 make available to the office of the comptroller of the currency, the corporation, or the board of governors, as applicable, such property and provide to the office of the comptroller of the currency, the corporation, or the board of governors, as applicable, such administrative services as the office of the comptroller of the currency, the corporation, and the board of governors jointly determine to be necessary under subsection a    c notice required the office of the comptroller of the currency, the corporation, and the board of governors shall jointly give the office of thrift supervision reasonable prior notice of any request that the office of the comptroller of the currency, the corporation, and the board of governors jointly intend to make under subsection b    sec 322 transfer of employees  a in general  1 office of thrift supervision employees  a in general except as provided in section 1064, all employees of the office of thrift supervision shall be transferred to the office of the comptroller of the currency or the corporation for employment in accordance with this section   b allocating employees for transfer to receiving agencies the director of the office of thrift supervision, the comptroller of the currency, and the chairperson of the corporation shall  i jointly determine the number of employees of the office of thrift supervision necessary to perform or support the functions that are transferred to the office of the comptroller of the currency or the corporation by this title and   ii consistent with the determination under clause i , jointly identify employees of the office of thrift supervision for transfer to the office of the comptroller of the currency or the corporation     2 employees transferred service periods credited for purposes of this section, periods of service with a federal home loan bank, a joint office of federal home loan banks, or a federal reserve bank shall be credited as periods of service with a federal agency   3 appointment authority for excepted service transferred  a in general except as provided in subparagraph b , any appointment authority of the office of thrift supervision under federal law that relates to the functions transferred under section 312, including the regulations of the office of personnel management, for filling the positions of employees in the excepted service shall be transferred to the comptroller of the currency or the chairperson of the corporation, as appropriate   b declining transfers allowed the comptroller of the currency or the chairperson of the corporation may decline to accept a transfer of authority under subparagraph a and the employees appointed under that authority to the extent that such authority relates to positions excepted from the competitive service because of their confidential, policy-making, policy-determining, or policy-advocating character    4 additional appointment authority notwithstanding any other provision of law, the office of the comptroller of the currency and the corporation may appoint transferred employees to positions in the office of the comptroller of the currency or the corporation, respectively    b timing of transfers and position assignments each employee to be transferred under subsection a 1 shall  1 be transferred not later than 90 days after the transfer date and   2 receive notice of the position assignment of the employee not later than 120 days after the effective date of the transfer of the employee    c transfer of functions  1 in general notwithstanding any other provision of law, the transfer of employees under this subtitle shall be deemed a transfer of functions for the purpose of section 3503 of title 5, united states code   2 priority if any provision of this subtitle conflicts with any protection provided to a transferred employee under section 3503 of title 5, united states code, the provisions of this subtitle shall control    d employee status and eligibility the transfer of functions and employees under this subtitle, and the abolishment of the office of thrift supervision under section 313, shall not affect the status of the transferred employees as employees of an agency of the united states under any provision of law   e equal status and tenure positions  1 status and tenure each transferred employee from the office of thrift supervision shall be placed in a position at the office of the comptroller of the currency or the corporation with the same status and tenure as the transferred employee held on the day before the date on which the employee was transferred   2 functions to the extent practicable, each transferred employee shall be placed in a position at the office of the comptroller of the currency or the corporation, as applicable, responsible for the same functions and duties as the transferred employee had on the day before the date on which the employee was transferred, in accordance with the expertise and preferences of the transferred employee    f no additional certification requirements an examiner who is a transferred employee shall not be subject to any additional certification requirements before being placed in a comparable position at the office of the comptroller of the currency or the corporation, if the examiner carries out examinations of the same type of institutions as an employee of the office of the comptroller of the currency or the corporation as the employee was responsible for carrying out before the date on which the employee was transferred   g personnel actions limited  1 protection  a in general except as provided in paragraph 2 , each affected employee shall not, during the 30-month period beginning on the transfer date, be involuntarily separated, or involuntarily reassigned outside his or her locality pay area   b affected employees for purposes of this paragraph, the term affected employee means  i an employee transferred from the office of thrift supervision holding a permanent position on the day before the transfer date and   ii an employee of the office of the comptroller of the currency or the corporation holding a permanent position on the day before the transfer date     2 exceptions paragraph 1 does not limit the right of the office of the comptroller of the currency or the corporation to  a separate an employee for cause or for unacceptable performance   b terminate an appointment to a position excepted from the competitive service because of its confidential policy-making, policy-determining, or policy-advocating character or   c reassign an employee outside such employees locality pay area when the office of the comptroller of the currency or the corporation determines that the reassignment is necessary for the efficient operation of the agency     h pay  1 30-month protection except as provided in paragraph 2 , during the 30-month period beginning on the date on which the employee was transferred under this subtitle, a transferred employee shall be paid at a rate that is not less than the basic rate of pay, including any geographic differential, that the transferred employee received during the pay period immediately preceding the date on which the employee was transferred notwithstanding the preceding sentence, if the employee was receiving a higher rate of basic pay on a temporary basis because of a temporary assignment, temporary promotion, or other temporary action immediately before the transfer, the agency may reduce the rate of basic pay on the date the rate would have been reduced but for the transfer, and the protected rate for the remainder of the 30-month period will be the reduced rate that would have applied but for the transfer   2 exceptions the comptroller of the currency or the corporation may reduce the rate of basic pay of a transferred employee  a for cause, including for unacceptable performance or   b with the consent of the transferred employee    3 protection only while employed this subsection shall apply to a transferred employee only during the period that the transferred employee remains employed by office of the comptroller of the currency or the corporation   4 pay increases permitted nothing in this subsection shall limit the authority of the comptroller of the currency or the chairperson of the corporation to increase the pay of a transferred employee    i benefits  1 retirement benefits for transferred employees  a in general  i continuation of existing retirement plan each transferred employee shall remain enrolled in the retirement plan of the transferred employee, for as long as the transferred employee is employed by the office of the comptroller of the currency or the corporation   ii employers contribution the comptroller of the currency or the chairperson of the corporation, as appropriate, shall pay any employer contributions to the existing retirement plan of each transferred employee, as required under each such existing retirement plan    b definition in this paragraph, the term existing retirement plan means, with respect to a transferred employee, the retirement plan including the financial institutions retirement fund , and any associated thrift savings plan, of the agency from which the employee was transferred in which the employee was enrolled on the day before the date on which the employee was transferred    2 benefits other than retirement benefits  a during first year  i existing plans continue during the 1-year period following the transfer date, each transferred employee may retain membership in any employee benefit program other than a retirement benefit program of the agency from which the employee was transferred under this title, including any dental, vision, long term care, or life insurance program to which the employee belonged on the day before the transfer date   ii employers contribution the office of the comptroller of the currency or the corporation, as appropriate, shall pay any employer cost required to extend coverage in the benefit program to the transferred employee as required under that program or negotiated agreements    b dental, vision, or life insurance after first year if, after the 1-year period beginning on the transfer date, the office of the comptroller of the currency or the corporation determines that the office of the comptroller of the currency or the corporation, as the case may be, will not continue to participate in any dental, vision, or life insurance program of an agency from which an employee was transferred, a transferred employee who is a member of the program may, before the decision takes effect and without regard to any regularly scheduled open season, elect to enroll in  i the enhanced dental benefits program established under chapter 89a of title 5, united states code   ii the enhanced vision benefits established under chapter 89b of title 5, united states code and   iii the federal employees group life insurance program established under chapter 87 of title 5, united states code, without regard to any requirement of insurability    c long term care insurance after 1st year if, after the 1-year period beginning on the transfer date, the office of the comptroller of the currency or the corporation determines that the office of the comptroller of the currency or the corporation, as appropriate, will not continue to participate in any long term care insurance program of an agency from which an employee transferred, a transferred employee who is a member of such a program may, before the decision takes effect, elect to apply for coverage under the federal long term care insurance program established under chapter 90 of title 5, united states code, under the underwriting requirements applicable to a new active workforce member, as described in part 875 of title 5, code of federal regulations or any successor thereto   d contribution of transferred employee  i in general subject to clause ii , a transferred employee who is enrolled in a plan under the federal employees health benefits program shall pay any employee contribution required under the plan   ii cost differential the office of the comptroller of the currency or the corporation, as applicable, shall pay any difference in cost between the employee contribution required under the plan provided to transferred employees by the agency from which the employee transferred on the date of enactment of this act and the plan provided by the office of the comptroller of the currency or the corporation, as the case may be, under this section   iii funds transfer the office of the comptroller of the currency or the corporation, as the case may be, shall transfer to the employees health benefits fund established under section 8909 of title 5, united states code, an amount determined by the director of the office of personnel management, after consultation with the comptroller of the currency or the chairperson of the corporation, as the case may be, and the office of management and budget, to be necessary to reimburse the fund for the cost to the fund of providing any benefits under this subparagraph that are not otherwise paid for by a transferred employee under clause i    e special provisions to ensure continuation of life insurance benefits  i in general an annuitant, as defined in section 8901 of title 5, united states code, who is enrolled in a life insurance plan administered by an agency from which employees are transferred under this title on the day before the transfer date shall be eligible for coverage by a life insurance plan under sections 8706 b , 8714a, 8714b, or 8714c of title 5, united states code, or by a life insurance plan established by the office of the comptroller of the currency or the corporation, as applicable, without regard to any regularly scheduled open season or any requirement of insurability   ii contribution of transferred employee  i in general subject to subclause ii , a transferred employee enrolled in a life insurance plan under this subparagraph shall pay any employee contribution required by the plan   ii cost differential the office of the comptroller of the currency or the corporation, as the case may be, shall pay any difference in cost between the benefits provided by the agency from which the employee transferred on the date of enactment of this act and the benefits provided under this section   iii funds transfer the office of the comptroller of the currency or the corporation, as the case may be, shall transfer to the federal employees group life insurance fund established under section 8714 of title 5, united states code, an amount determined by the director of the office of personnel management, after consultation with the comptroller of the currency or the chairperson of the corporation, as the case may be, and the office of management and budget, to be necessary to reimburse the federal employees group life insurance fund for the cost to the federal employees group life insurance fund of providing benefits under this subparagraph not otherwise paid for by a transferred employee under subclause i   iv credit for time enrolled in other plans for any transferred employee, enrollment in a life insurance plan administered by the agency from which the employee transferred, immediately before enrollment in a life insurance plan under chapter 87 of title 5, united states code, shall be considered as enrollment in a life insurance plan under that chapter for purposes of section 8706 b 1 a of title 5, united states code       j incorporation into agency pay system not later than 30 months after the transfer date, the comptroller of the currency and the chairperson of the corporation shall place each transferred employee into the established pay system and structure of the appropriate employing agency   k equitable treatment in administering the provisions of this section, the comptroller of the currency and the chairperson of the corporation  1 may not take any action that would unfairly disadvantage a transferred employee relative to any other employee of the office of the comptroller of the currency or the corporation on the basis of prior employment by the office of thrift supervision   2 may take such action as is appropriate in an individual case to ensure that a transferred employee receives equitable treatment, with respect to the status, tenure, pay, benefits other than benefits under programs administered by the office of personnel management , and accrued leave or vacation time for prior periods of service with any federal agency of the transferred employee   3 shall, jointly with the director of the office of thrift supervision, develop and adopt procedures and safeguards designed to ensure that the requirements of this subsection are met and   4 shall conduct a study detailing the position assignments of all employees transferred pursuant to subsection a , describing the procedures and safeguards adopted pursuant to paragraph 3 , and demonstrating that the requirements of this subsection have been met and shall, not later than 365 days after the transfer date, submit a copy of such study to congress    l reorganization  1 in general if the comptroller of the currency or the chairperson of the corporation determines, during the 2-year period beginning 1 year after the transfer date, that a reorganization of the staff of the office of the comptroller of the currency or the corporation, respectively, is required, the reorganization shall be deemed a major reorganization for purposes of affording affected employees retirement under section 8336 d 2 or 8414 b 1 b of title 5, united states code   2 service credit for purposes of this subsection, periods of service with a federal home loan bank or a joint office of federal home loan banks shall be credited as periods of service with a federal agency     sec 323 property transferred  a property defined for purposes of this section, the term property includes all real property including leaseholds and all personal property, including computers, furniture, fixtures, equipment, books, accounts, records, reports, files, memoranda, paper, reports of examination, work papers, and correspondence related to such reports, and any other information or materials   b property of the office of thrift supervision  1 in general no later than 90 days after the transfer date, all property of the office of thrift supervision other than property described under paragraph b 2 that the comptroller of the currency and the chairperson of the corporation jointly determine is used, on the day before the transfer date, to perform or support the functions of the office of thrift supervision transferred to the office of the comptroller of the currency or the corporation under this title, shall be transferred to the office of the comptroller of the currency or the corporation in a manner consistent with the transfer of employees under this subtitle   2 personal property all books, accounts, records, reports, files, memoranda, papers, documents, reports of examination, work papers, and correspondence of the office of thrift supervision that the comptroller of the currency, the chairperson of the corporation, and the chairman of the board of governors jointly determine is used, on the day before the transfer date, to perform or support the functions of the office of thrift supervision transferred to the board of governors under this title shall be transferred to the board of governors in a manner consistent with the purposes of this title    c contracts related to property transferred each contract, agreement, lease, license, permit, and similar arrangement relating to property transferred to the office of the comptroller of the currency or the corporation by this section shall be transferred to the office of the comptroller of the currency or the corporation, as appropriate, together with the property to which it relates   d preservation of property property identified for transfer under this section shall not be altered, destroyed, or deleted before transfer under this section    sec 324 funds transferred  the funds that, on the day before the transfer date, the director of the office of thrift supervision in consultation with the comptroller of the currency, the chairperson of the corporation, and the chairman of the board of governors determines are not necessary to dispose of the affairs of the office of thrift supervision under section 325 and are available to the office of thrift supervision to pay the expenses of the office of thrift supervision  1 relating to the functions of the office of thrift supervision transferred under section 312 b 2 b , shall be transferred to the office of the comptroller of the currency on the transfer date   2 relating to the functions of the office of thrift supervision transferred under section 312 b 2 c , shall be transferred to the corporation on the transfer date and   3 relating to the functions of the office of thrift supervision transferred under section 312 b 1 a , shall be transferred to the board of governors on the transfer date     sec 325 disposition of affairs  a authority of director during the 90-day period beginning on the transfer date, the director of the office of thrift supervision  1 shall, solely for the purpose of winding up the affairs of the office of thrift supervision relating to any function transferred to the office of the comptroller of the currency, the corporation, or the board of governors under this title  a manage the employees of the office of thrift supervision who have not yet been transferred and provide for the payment of the compensation and benefits of the employees that accrue before the date on which the employees are transferred under this title and   b manage any property of the office of thrift supervision, until the date on which the property is transferred under section 323 and    2 may take any other action necessary to wind up the affairs of the office of thrift supervision    b status of director  1 in general notwithstanding the transfer of functions under this subtitle, during the 90-day period beginning on the transfer date, the director of the office of thrift supervision shall retain and may exercise any authority vested in the director of the office of thrift supervision on the day before the transfer date, only to the extent necessary  a to wind up the office of thrift supervision and   b to carry out the transfer under this subtitle during such 90-day period    2 other provisions for purposes of paragraph 1 , the director of the office of thrift supervision shall, during the 90-day period beginning on the transfer date, continue to be  a treated as an officer of the united states and   b entitled to receive compensation at the same annual rate of basic pay that the director of the office of thrift supervision received on the day before the transfer date      sec 326 continuation of services  any agency, department, or other instrumentality of the united states, and any successor to any such agency, department, or instrumentality, that was, before the transfer date, providing support services to the office of thrift supervision in connection with functions transferred to the office of the comptroller of the currency, the corporation or the board of governors under this title, shall  1 continue to provide such services, subject to reimbursement by the office of the comptroller of the currency, the corporation, or the board of governors, until the transfer of functions under this title is complete and   2 consult with the comptroller of the currency, the chairperson of the corporation, or the chairman of the board of governors, as appropriate, to coordinate and facilitate a prompt and orderly transition     sec 327 implementation plan and reports  a plan submission within 180 days of the enactment of the dodd-frank wall street reform and consumer protection act, the board of governors, the corporation, the office of the comptroller of the currency, and the office of thrift supervision, shall jointly submit a plan to the committee on banking, housing, and urban affairs of the senate, the committee on financial services of the house of representatives, and the inspectors general of the department of the treasury, the corporation, and the board of governors detailing the steps the board of governors, the corporation, the office of the comptroller of the currency, and the office of thrift supervision will take to implement the provisions of sections 301 through 326, and the provisions of the amendments made by such sections   b inspectors general review of the plan within 60 days of receiving the plan required under subsection a , the inspectors general of the department of the treasury, the corporation, and the board of governors shall jointly provide a written report to the board of governors, the corporation, the office of the comptroller of the currency, and the office of thrift supervision and shall submit a copy to the committee on banking, housing, and urban affairs of the senate and the committee on financial services of the house of representatives detailing whether the plan conforms with the provisions of sections 301 through 326, and the provisions of the amendments made by such sections, including  1 whether the plan sufficiently takes into consideration the orderly transfer of personnel   2 whether the plan describes procedures and safeguards to ensure that the office of thrift supervision employees are not unfairly disadvantaged relative to employees of the office of the comptroller of the currency and the corporation   3 whether the plan sufficiently takes into consideration the orderly transfer of authority and responsibilities   4 whether the plan sufficiently takes into consideration the effective transfer of funds   5 whether the plan sufficiently takes in consideration the orderly transfer of property and   6 any additional recommendations for an orderly and effective process    c implementation reports not later than 6 months after the date on which the committee on banking, housing, and urban affairs of the senate and the committee on financial services of the house of representatives receives the report required under subsection b , and every 6 months thereafter until all aspects of the plan have been implemented, the inspectors general of the department of the treasury, the corporation, and the board of governors shall jointly provide a written report on the status of the implementation of the plan to the board of governors, the corporation, the office of the comptroller of the currency, and the office of thrift supervision and shall submit a copy to the committee on banking, housing, and urban affairs of the senate and the committee on financial services of the house of representatives     subtitle c federal deposit insurance corporation  sec 331 deposit insurance reforms  a size distinctions section 7 b 2 of the federal deposit insurance act 12 usc 1817 b 2 is amended  1 by striking subparagraph d and   2 by redesignating subparagraph c as subparagraph d    b assessment base the corporation shall amend the regulations issued by the corporation under section 7 b 2 of the federal deposit insurance act 12 usc 1817 b 2 to define the term assessment base with respect to an insured depository institution for purposes of that section 7 b 2 , as an amount equal to  1 the average consolidated total assets of the insured depository institution during the assessment period minus   2 the sum of  a the average tangible equity of the insured depository institution during the assessment period and   b in the case of an insured depository institution that is a custodial bank as defined by the corporation, based on factors including the percentage of total revenues generated by custodial businesses and the level of assets under custody or a banker s bank as that term is used in section 5136 of the revised statutes 12 usc 24 , an amount that the corporation determines is necessary to establish assessments consistent with the definition under section 7 b 1 of the federal deposit insurance act 12 usc 1817 b 1 for a custodial bank or a banker s bank      sec 332 elimination of procyclical assessments  section 7 e of the federal deposit insurance act is amended  1 in paragraph 2  a by amending subparagraph b to read as follows  b limitation the board of directors may, in its sole discretion, suspend or limit the declaration of payment of dividends under subparagraph a     b by amending subparagraph c to read as follows  c notice and opportunity for comment the corporation shall prescribe, by regulation, after notice and opportunity for comment, the method for the declaration, calculation, distribution, and payment of dividends under this paragraph   and   c by striking subparagraphs d through g and    2 in paragraph 4 a by striking paragraphs 2 d and and inserting paragraphs 2 and     sec 333 enhanced access to information for deposit insurance purposes  a section 7 a 2 b of the federal deposit insurance act is amended by striking agreement and inserting consultation   b section 7 b 1 e of the federal deposit insurance act is amended  1 in clause i , by striking such as and inserting including and   2 in clause iii , by striking corporation and inserting corporation, except as provided in section 7 a 2 b     sec 334 transition reserve ratio requirements to reflect new assessment base  a section 7 b 3 b of the federal deposit insurance act is amended to read as follows  b minimum reserve ratio the reserve ratio designated by the board of directors for any year may not be less than 135 percent of estimated insured deposits, or the comparable percentage of the assessment base set forth in paragraph 2 c     b section 3 y 3 of the federal deposit insurance act is amended by inserting , or such comparable percentage of the assessment base set forth in section 7 b 2 c before the period   c for a period of not less than 5 years after the date of the enactment of this title, the federal deposit insurance corporation shall make available to the public the reserve ratio and the designated reserve ratio using both estimated insured deposits and the assessment base under section 7 b 2 c of the federal deposit insurance act   d reserve ratio notwithstanding the timing requirements of section 7 b 3 e ii of the federal deposit insurance act, the corporation shall take such steps as may be necessary for the reserve ratio of the deposit insurance fund to reach 135 percent of estimated insured deposits by september 30, 2020   e offset in setting the assessments necessary to meet the requirements of subsection d , the corporation shall offset the effect of subsection d on insured depository institutions with total consolidated assets of less than $10,000,000,000    sec 335 permanent increase in deposit and share insurance  a permanent increase in deposit insurance section 11 a 1 e of the federal deposit insurance act 12 usc 1821 a 1 e is amended  1 by striking $100,000 and inserting $250,000 and   2 by adding at the end the following new sentences notwithstanding any other provision of law, the increase in the standard maximum deposit insurance amount to $250,000 shall apply to depositors in any institution for which the corporation was appointed as receiver or conservator on or after january 1, 2008, and before october 3, 2008 the corporation shall take such actions as are necessary to carry out the requirements of this section with respect to such depositors, without regard to any time limitations under this act in implementing this and the preceding 2 sentences, any payment on a deposit claim made by the corporation as receiver or conservator to a depositor above the standard maximum deposit insurance amount in effect at the time of the appointment of the corporation as receiver or conservator shall be deemed to be part of the net amount due to the depositor under subparagraph b    b permanent increase in share insurance section 207 k 5 of the federal credit union act 12 usc 1787 k 5 is amended by striking $100,000 and inserting $250,000    sec 336 management of the federal deposit insurance corporation  a in general section 2 of the federal deposit insurance act 12 usc 1812 is amended  1 in subsection a 1 b , by striking director of the office of thrift supervision and inserting director of the consumer financial protection bureau   2 by amending subsection d 2 to read as follows  2 acting officials may serve in the event of a vacancy in the office of the comptroller of the currency or the office of director of the consumer financial protection bureau and pending the appointment of a successor, or during the absence or disability of the comptroller of the currency or the director of the consumer financial protection bureau, the acting comptroller of the currency or the acting director of the consumer financial protection bureau, as the case may be, shall be a member of the board of directors in the place of the comptroller or director   and   3 in subsection f 2 , by striking office of thrift supervision and inserting consumer financial protection bureau    b effective date this section, and the amendments made by this section, shall take effect on the transfer date     subtitle d other matters  sec 341 branching  notwithstanding the federal deposit insurance act 12 usc 1811 et seq , the bank holding company act of 1956 12 usc 1841 et seq , or any other provision of federal or state law, a savings association that becomes a bank may  1 continue to operate any branch or agency that the savings association operated immediately before the savings association became a bank and   2 establish, acquire, and operate additional branches and agencies at any location within any state in which the savings association operated a branch immediately before the savings association became a bank, if the law of the state in which the branch is located, or is to be located, would permit establishment of the branch if the bank were a state bank chartered by such state     sec 342 office of minority and women inclusion  a office of minority and women inclusion  1 establishment  a in general except as provided in subparagraph b , not later than 6 months after the date of enactment of this act, each agency shall establish an office of minority and women inclusion that shall be responsible for all matters of the agency relating to diversity in management, employment, and business activities   b bureau the bureau shall establish an office of minority and women inclusion not later than 6 months after the designated transfer date established under section 1062    2 transfer of responsibilities each agency that, on the day before the date of enactment of this act, assigned the responsibilities described in paragraph 1 or comparable responsibilities to another office of the agency shall ensure that such responsibilities are transferred to the office   3 duties with respect to civil rights laws the responsibilities described in paragraph 1 do not include enforcement of statutes, regulations, or executive orders pertaining to civil rights, except each director shall coordinate with the agency administrator, or the designee of the agency administrator, regarding the design and implementation of any remedies resulting from violations of such statutes, regulations, or executive orders    b director  1 in general the director of each office shall be appointed by, and shall report to, the agency administrator the position of director shall be a career reserved position in the senior executive service, as that position is defined in section 3132 of title 5, united states code, or an equivalent designation   2 duties each director shall develop standards for  a equal employment opportunity and the racial, ethnic, and gender diversity of the workforce and senior management of the agency   b increased participation of minority-owned and women-owned businesses in the programs and contracts of the agency, including standards for coordinating technical assistance to such businesses and   c assessing the diversity policies and practices of entities regulated by the agency    3 other duties each director shall advise the agency administrator on the impact of the policies and regulations of the agency on minority-owned and women-owned businesses   4 rule of construction nothing in paragraph 2 c may be construed to mandate any requirement on or otherwise affect the lending policies and practices of any regulated entity, or to require any specific action based on the findings of the assessment    c inclusion in all levels of business activities  1 in general the director of each office shall develop and implement standards and procedures to ensure, to the maximum extent possible, the fair inclusion and utilization of minorities, women, and minority-owned and women-owned businesses in all business and activities of the agency at all levels, including in procurement, insurance, and all types of contracts   2 contracts the procedures established by each agency for review and evaluation of contract proposals and for hiring service providers shall include, to the extent consistent with applicable law, a component that gives consideration to the diversity of the applicant such procedure shall include a written statement, in a form and with such content as the director shall prescribe, that a contractor shall ensure, to the maximum extent possible, the fair inclusion of women and minorities in the workforce of the contractor and, as applicable, subcontractors   3 termination  a determination the standards and procedures developed and implemented under this subsection shall include a procedure for the director to make a determination whether an agency contractor, and, as applicable, a subcontractor has failed to make a good faith effort to include minorities and women in their workforce   b effect of determination  i recommendation to agency administrator upon a determination described in subparagraph a , the director shall make a recommendation to the agency administrator that the contract be terminated   ii action by agency administrator upon receipt of a recommendation under clause i , the agency administrator may  i terminate the contract   ii make a referral to the office of federal contract compliance programs of the department of labor or   iii take other appropriate action       d applicability this section shall apply to all contracts of an agency for services of any kind, including the services of financial institutions, investment banking firms, mortgage banking firms, asset management firms, brokers, dealers, financial services entities, underwriters, accountants, investment consultants, and providers of legal services the contracts referred to in this subsection include all contracts for all business and activities of an agency, at all levels, including contracts for the issuance or guarantee of any debt, equity, or security, the sale of assets, the management of the assets of the agency, the making of equity investments by the agency, and the implementation by the agency of programs to address economic recovery   e reports each office shall submit to congress an annual report regarding the actions taken by the agency and the office pursuant to this section, which shall include  1 a statement of the total amounts paid by the agency to contractors since the previous report   2 the percentage of the amounts described in paragraph 1 that were paid to contractors described in subsection c 1   3 the successes achieved and challenges faced by the agency in operating minority and women outreach programs   4 the challenges the agency may face in hiring qualified minority and women employees and contracting with qualified minority-owned and women-owned businesses and   5 any other information, findings, conclusions, and recommendations for legislative or agency action, as the director determines appropriate    f diversity in agency workforce each agency shall take affirmative steps to seek diversity in the workforce of the agency at all levels of the agency in a manner consistent with applicable law such steps shall include  1 recruiting at historically black colleges and universities, hispanic-serving institutions, women s colleges, and colleges that typically serve majority minority populations   2 sponsoring and recruiting at job fairs in urban communities   3 placing employment advertisements in newspapers and magazines oriented toward minorities and women   4 partnering with organizations that are focused on developing opportunities for minorities and women to place talented young minorities and women in industry internships, summer employment, and full-time positions   5 where feasible, partnering with inner-city high schools, girls high schools, and high schools with majority minority populations to establish or enhance financial literacy programs and provide mentoring and   6 any other mass media communications that the office determines necessary    g definitions for purposes of this section, the following definitions shall apply  1 agency the term agency means  a the departmental offices of the department of the treasury   b the corporation   c the federal housing finance agency   d each of the federal reserve banks   e the board   f the national credit union administration   g the office of the comptroller of the currency   h the commission and   i the bureau    2 agency administrator the term agency administrator means the head of an agency   3 minority the term minority has the same meaning as in section 1204 c of the financial institutions reform, recovery, and enforcement act of 1989 12 usc 1811 note   4 minority-owned business the term minority-owned business has the same meaning as in section 21a r 4 a of the federal home loan bank act 12 usc 1441a r 4 a , as in effect on the day before the transfer date   5 office the term office means the office of minority and women inclusion established by an agency under subsection a   6 women-owned business the term women-owned business has the meaning given the term women s business in section 21a r 4 b of the federal home loan bank act 12 usc 1441a r 4 b , as in effect on the day before the transfer date     sec 343 insurance of transaction accounts  a banks and savings associations  1 amendments section 11 a 1 of the federal deposit insurance act 12 usc 1821 a 1 is amended  a in subparagraph b  i by striking the net amount and inserting the following  i in general subject to clause ii , the net amount   and   ii by adding at the end the following new clauses  ii insurance for noninterest-bearing transaction accounts notwithstanding clause i , the corporation shall fully insure the net amount that any depositor at an insured depository institution maintains in a noninterest-bearing transaction account such amount shall not be taken into account when computing the net amount due to such depositor under clause i   iii noninterest-bearing transaction account defined for purposes of this subparagraph, the term noninterest-bearing transaction account means a deposit or account maintained at an insured depository institution  i with respect to which interest is neither accrued nor paid   ii on which the depositor or account holder is permitted to make withdrawals by negotiable or transferable instrument, payment orders of withdrawal, telephone or other electronic media transfers, or other similar items for the purpose of making payments or transfers to third parties or others and   iii on which the insured depository institution does not reserve the right to require advance notice of an intended withdrawal    and    b in subparagraph c , by striking subparagraph b and inserting subparagraph b i    2 effective date the amendments made by paragraph 1 shall take effect on december 31, 2010   3 prospective repeal effective january 1, 2013, section 11 a 1 of the federal deposit insurance act 12 usc 1821 a 1 , as amended by paragraph 1 , is amended  a in subparagraph b  i by striking deposit and all that follows through clause ii , the net amount and insert depositthe net amount and   ii by striking clauses ii and iii and    b in subparagraph c , by striking subparagraph b i and inserting subparagraph b     b credit unions  1 amendments section 207 k 1 of the federal credit union act 12 usc 1787 k 1 is amended  a in subparagraph a  i by striking subject to the provisions of paragraph 2 , the net amount and inserting the following  i net amount of insurance payable subject to clause ii and the provisions of paragraph 2 , the net amount   and   ii by adding at the end the following new clauses  ii insurance for noninterest-bearing transaction accounts notwithstanding clause i , the board shall fully insure the net amount that any member or depositor at an insured credit union maintains in a noninterest-bearing transaction account such amount shall not be taken into account when computing the net amount due to such member or depositor under clause i   iii noninterest-bearing transaction account defined for purposes of this subparagraph, the term noninterest-bearing transaction account means an account or deposit maintained at an insured credit union  i with respect to which interest is neither accrued nor paid   ii on which the account holder or depositor is permitted to make withdrawals by negotiable or transferable instrument, payment orders of withdrawal, telephone or other electronic media transfers, or other similar items for the purpose of making payments or transfers to third parties or others and   iii on which the insured credit union does not reserve the right to require advance notice of an intended withdrawal    and    b in subparagraph b , by striking subparagraph a and inserting subparagraph a i    2 effective date the amendments made by paragraph 1 shall take effect upon the date of the enactment of this act   3 prospective repeal effective january 1, 2013, section 207 k 1 of the federal credit union act 12 usc 1787 k 1 , as amended by paragraph 1 , is amended  a in subparagraph a  i by striking i net amount of insurance payable and all that follows through paragraph 2 , the net amount and inserting subject to the provisions of paragraph 2 , the net amount and   ii by striking clauses ii and iii and    b in subparagraph b , by striking subparagraph a i and inserting subparagraph a       subtitle e technical and conforming amendments  sec 351 effective date  except as provided in section 364 a , the amendments made by this subtitle shall take effect on the transfer date    sec 352 balanced budget and emergency deficit control act of 1985  section 256 h of the balanced budget and emergency deficit control act of 1985 2 usc 906 h is amended  1 in paragraph 4 , by striking subparagraphs c and g and   2 by redesignating subparagraphs d , e , f , and h as subparagraphs c , d , e , and f , respectively     sec 353 bank enterprise act of 1991  section 232 a of the bank enterprise act of 1991 12 usc 1834 a is amended  1 in the subsection heading, by striking by federal reserve board   2 in paragraph 1  a by striking the board of governors of the federal reserve system, and inserting the comptroller of the currency and   b by striking section 7 b 2 h and inserting section 7 b 2 e    3 in paragraph 2 a , by striking board and inserting comptroller and   4 in paragraph 3  a by redesignating subparagraphs a through c as subparagraphs b through d , respectively and   b by inserting before subparagraph b the following  a comptroller the term comptroller means the comptroller of the currency        sec 354 bank holding company act of 1956  the bank holding company act of 1956 12 usc 1841 et seq is amended  1 in section 2 j 3 12 usc 1841 j 3 , strike director of the office of thrift supervision and inserting appropriate federal banking agency   2 in section 4 12 usc 1843  a in subsection i  i in paragraph 4  i in subparagraph a  aa in the subparagraph heading, by striking to director and   bb by striking board and all that follows through the end of the subparagraph and inserting board shall solicit comments and recommendations from  i the comptroller of the currency, with respect to the acquisition of a federal savings association and   ii the federal deposit insurance corporation, with respect to the acquisition of a state savings association      ii in subparagraph b , by striking director each place that term appears and inserting comptroller of the currency or the federal deposit insurance corporation, as applicable,    ii in paragraph 5  i in subparagraph b , by striking director with and inserting comptroller of the currency or the federal deposit insurance corporation, as applicable, with and   ii by striking director each place that term appears and inserting comptroller of the currency or the federal deposit insurance corporation    iii in paragraph 6 , by striking director and inserting comptroller of the currency or the federal deposit insurance corporation, as applicable, and   iv by striking paragraph 7 and     3 in section 5 f 12 usc 1844 f  a by striking subpena each place that term appears and inserting subpoena   b by striking subpenas each place that term appears and inserting subpoenas and   c by striking subpenaed and inserting subpoenaed      sec 355 bank holding company act amendments of 1970  section 106 b 1 of the bank holding company act amendments of 1970 12 usc 1972 1 is amended in the undesignated matter following subparagraph e by inserting issue such regulations as are necessary to carry out this section, and, in consultation with the comptroller of the currency and the federal deposit insurance company, may after the board may    sec 356 bank protection act of 1968  the bank protection act of 1968 12 usc 1881 et seq is amended  1 in section 2 12 usc 1881 , by striking the term and all that follows through the end of the section and inserting the term federal supervisory agency means the appropriate federal banking agency, as defined in section 3 q of the federal deposit insurance act 12 usc 1813 q   2 in section 3 12 usc 1882 , by striking and loan each place that term appears and   3 in section 5 12 usc 1884 , by striking and loan     sec 357 bank service company act  the bank service company act 12 usc 1861 et seq is amended  1 in section 1 b 4 12 usc 1861 b 4  a by inserting after an insured bank, the following a savings association,   b by striking director of the office of thrift supervision and inserting appropriate federal banking agency and   c by striking , the federal savings and loan insurance corporation,    2 in section 1 b 5 , by striking term and inserting insured depository institution has the same meaning as in section 3 c terms and depository institution and savings association have the same meanings as in section 3   3 in section 7 c 2 12 usc 1867 c 2 , by inserting each after notify     sec 358 community reinvestment act of 1977  the community reinvestment act of 1977 12 usc 2901 et seq is amended  1 in section 803 12 usc 2902  a in paragraph 1  i in subparagraph a , by inserting and federal savings associations the deposits of which are insured by the federal deposit insurance corporation after banks   ii in subparagraph b , by striking and bank holding companies and inserting , bank holding companies, and savings and loan holding companies and   iii in subparagraph c , by striking and and inserting , and state savings associations the deposits of which are insured by the federal deposit insurance corporation and    b by striking paragraph 2 relating to the office of thrift supervision , as added by section 744 q of the financial institutions reform, recovery, and enforcement act of 1989 public law 10173 103 stat 440 and    2 in section 806 12 usc 2905 , by inserting , except that the comptroller of the currency shall prescribe regulations applicable to savings associations and the board of governors shall prescribe regulations applicable to insured state member banks, bank holding companies and savings and loan holding companies, after supervisory agency     sec 359 crime control act of 1990  the crime control act of 1990 is amended  1 in section 2539 c 2 28 usc 509 note  a by striking subparagraphs c and d and   b by redesignating subparagraphs e through h as subparagraphs c through g , respectively and    2 in section 2554 b 2 public law 101647 104 stat 4890  a in subparagraph a , by striking , the director of the office of thrift supervision, and inserting the comptroller of the currency and   b in subparagraph b , by striking , the director and all that follows through trust corporation and inserting or the federal deposit insurance corporation      sec 360 depository institution management interlocks act  the depository institution management interlocks act 12 usc 3201 et seq is amended  1 in section 207 12 usc 3206  a in paragraph 1 , by inserting before the comma at the end the following and federal savings associations the deposits of which are insured by the federal deposit insurance corporation   b in paragraph 2 , by striking , and bank holding companies and inserting , bank holding companies, and savings and loan holding companies   c in paragraph 3 , by striking corporation, and inserting corporation and state savings associations the deposits of which are insured by the federal deposit insurance corporation ,   d by striking paragraph 4   e by redesignating paragraphs 5 and 6 as paragraphs 4 and 5 , respectively and   f in paragraph 5 , as so redesignated, by striking through 5 and inserting through 4    2 in section 209 12 usc 3207  a in paragraph 1 , by inserting before the comma at the end the following and federal savings associations the deposits of which are insured by the federal deposit insurance corporation   b in paragraph 2 , by striking , and bank holding companies and inserting , bank holding companies, and savings and loan holding companies   c in paragraph 3 , by striking corporation, and inserting corporation and state savings associations the deposits of which are insured by the federal deposit insurance corporation ,   d by striking paragraph 4 and   e by redesignating paragraph 5 as paragraph 4 and    3 in section 210 a 12 usc 3208 a  a by striking his and inserting the and   b by inserting of the attorney general after enforcement functions      sec 361 emergency homeowners relief act  section 110 of the emergency homeowners relief act 12 usc 2709 is amended in the second sentence, by striking home loan bank board, the federal savings and loan insurance corporation and inserting housing finance agency    sec 362 federal credit union act  the federal credit union act 12 usc 1751 et seq is amended  1 in section 107 8 12 usc 1757 8 , by striking or the federal savings and loan insurance corporation   2 in section 205 12 usc 1785  a in subsection b 2 g i , by striking the office of thrift supervision and and   b in subsection i 1 , by striking or the federal savings and loan insurance corporation and    3 in section 206 g 7 12 usc 1786 g 7  a in subparagraph a  i in clause ii , by striking b 8 and inserting b 9   ii in clause v  i by striking depository and inserting financial and   ii by adding and at the end    iii in clause vi  i by striking board and inserting agency and   ii by striking and and inserting a period and    iv by striking clause vii and    b in subparagraph d  i in clause iii , by adding and at the end   ii in clause iv  i by striking board and inserting agency and   ii by striking and at the end and    iii by striking clause v       sec 363 federal deposit insurance act  the federal deposit insurance act 12 usc 1811 et seq is amended  1 in section 3 12 usc 1813  a in subsection b 1 c , by striking director of the office of thrift supervision and inserting comptroller of the currency   b in subsection l 5 , in the matter preceding subparagraph a , by striking director of the office of thrift supervision, and   c in subsection z , by striking the director of the office of thrift supervision,    2 in section 7 12 usc 1817  a in subsection a  i in paragraph 2  i in subparagraph a  aa in the first sentence, by striking the director of the office of thrift supervision,   bb in the second sentence  ex11 > aa by striking the director of the office of thrift supervision, and inserting to and   ex11 > bb by inserting to before any federal home and    cc by striking finance board each place that term appears and inserting finance agency and    ii in subparagraph b , by striking the comptroller of the currency, the board of governors of the federal reserve system, and the director of the office of thrift supervision, and inserting the comptroller of the currency and the board of governors of the federal reserve system,    ii in paragraph 3 , in the first sentence, by striking comptroller of the currency, the chairman of the board of governors of the federal reserve system, and the director of the office of thrift supervision and inserting comptroller of the currency, and the chairman of the board of governors of the federal reserve system   iii in paragraph 6 , by striking section 232 a 3 c and inserting section 232 a 3 d and   iv in paragraph 7 , by striking , the director of the office of thrift supervision, and    b in subsection n  i in the heading, by striking director of the office of thrift supervision and inserting comptroller of the currency   ii in the first sentence  i by striking the director of the office of thrift supervision and inserting the comptroller of the currency and   ii by inserting federal before savings associations    iii in the third sentence, by striking , the financing corporation, and the resolution funding corporation and   iv by striking the director each place that term appears and inserting the comptroller     3 in section 8 12 usc 1818  a in subsection a 8 b ii , in the last sentence, by striking director of the office of thrift supervision each place that term appears and inserting comptroller of the currency   b in subsection b 3  i by inserting any savings and loan holding company and any subsidiary other than a depository institution of a savings and loan holding company as such terms are defined in section 10 of home owners loan act , any noninsured state member bank after bank holding company act of 1956, and   ii by inserting or against a savings and loan holding company or any subsidiary thereof other than a depository institution or a subsidiary of such depository institution before the period at the end    c by striking paragraph 9 of subsection b and inserting the following new paragraph  9 repealed     d in subsection e 7  i in subparagraph a  i in clause v , by inserting and after the semicolon   ii in clause vi  aa by striking board and inserting agency and   bb by striking and and inserting a period and    iii by striking clause vii and    ii in subparagraph d  i in clause iii , by inserting and after the semicolon   ii in clause iv  aa by striking board and inserting agency and   bb by striking and and inserting a period and    iii by striking clause v     e in subsection j  i in paragraph 2 , by striking , or as a savings association under subsection b 9 of this section   ii in paragraph 3 , by inserting or after the semicolon   iii in paragraph 4 , by striking or and inserting a comma and   iv by striking paragraph 5    f in subsection o , by striking director of the office of thrift supervision and inserting comptroller of the currency and   g in subsection w 3 a , by striking and the office of thrift supervision    4 in section 10 12 usc 1820  a in subsection d 5 , by striking or the resolution trust corporation each place that term appears and   b in subsection k 5 b  i in clause ii , by inserting and after the semicolon   ii in clause iii , by striking and and inserting a period and   iii by striking clause iv     5 in section 11 12 usc 1821  a in subsection c  i in paragraph 2 a ii , by striking other than section 21a of the federal home loan bank act   ii in paragraph 4 , by striking except as otherwise provided in section 21a of the federal home loan bank act and notwithstanding and inserting notwithstanding   iii in paragraph 6  i in the heading, by striking director of the office of thrift supervision and inserting comptroller of the currency   ii in subparagraph a  aa by striking or the resolution trust corporation and   bb by striking director of the office of thrift supervision and inserting comptroller of the currency and    iii by amending subparagraph b to read as follows  b receiver the corporation may, at the discretion of the comptroller of the currency, be appointed receiver and the corporation may accept any such appointment      iv in paragraph 12 a , by striking or the resolution trust corporation    b in subsection d  i in paragraph 17 a , by striking or the director of the office of thrift supervision and   ii in paragraph 18 b , by striking or the director of the office of thrift supervision    c in subsection m  i in paragraph 9 , by striking or the director of the office of thrift supervision, as appropriate   ii in paragraph 16 , by striking or the director of the office of thrift supervision, as appropriate each place that term appears and   iii in paragraph 18 , by striking or the director of the office of thrift supervision, as appropriate each place that term appears    d in subsection n  i in paragraph 1 a  i by striking , or the director of the office of thrift supervision, with respect to and inserting or and   ii by striking applicable,, and inserting applicable,    ii in paragraph 2 a , by striking or the director of the office of thrift supervision   iii in paragraph 4 d , by striking and the director of the office of thrift supervision, as appropriate,   iv in paragraph 4 g , by striking and the director of the office of thrift supervision, as appropriate, and   v in paragraph 12 b  i by inserting as after shall appoint the corporation   ii by striking or the director of the office of thrift supervision, as appropriate, each place such term appears     e in subsection p  i in paragraph 2 b , by striking the corporation, the fslic resolution fund, or the resolution trust corporation, and inserting or the corporation, and   ii in paragraph 3 b , by striking , the fslic resolution fund, the resolution trust corporation, and    f in subsection r , by striking and the resolution trust corporation    6 in section 13 k 1 a iv 12 usc 1823 k 1 a iv , by striking director of the office of thrift supervision and inserting comptroller of the currency   7 in section 18 12 usc 1828  a in subsection c 2  i in subparagraph a , by inserting or a federal savings association before the semicolon   ii in subparagraph b , by adding and at the end   iii in subparagraph c , by striking except and all that follows through and and inserting or a state savings association and   iv by striking subparagraph d    b in subsection g 1 , by striking the director of the office of thrift supervision and inserting the comptroller of the currency   c in subsection i 2 c , by striking director of the office of thrift supervision and inserting corporation and   d in subsection m  i in paragraph 1  i in subparagraph a , by striking and the director of the office of thrift supervision and inserting or the comptroller of the currency, as appropriate, and   ii in subparagraph b , by striking and orders of the director of the office of thrift supervision and inserting of the comptroller of the currency and orders of the corporation and the comptroller of the currency    ii in paragraph 2  i in subparagraph a , by striking director of the office of thrift supervision and inserting comptroller of the currency, as appropriate, and   ii in subparagraph b  aa in the matter before clause i , by striking director of the office of thrift supervision and inserting corporation or the comptroller of the currency, as appropriate, and   bb in the matter following clause ii  ex11 > aa in the first sentence, by striking director of the office of thrift supervision and inserting office of the comptroller of the currency, as appropriate, and   ex11 > bb by striking the second sentence and inserting the following the corporation or the comptroller of the currency, as appropriate, may take any other corrective measures with respect to the subsidiary, including the authority to require the subsidiary to terminate the activities or operations posing such risks, as the corporation or the comptroller of the currency, respectively, may deem appropriate and      iii in paragraph 3  i in subparagraph a , in the second sentence  aa by inserting , in the case of a federal savings association, before consult with and   bb by striking director of the office of thrift supervision and inserting comptroller of the currency and    ii in subparagraph b  aa in the subparagraph heading, by striking director and inserting comptroller of the currency   bb by striking office of thrift supervision and inserting comptroller of the currency   cc by inserting a comma after soundness and   dd by inserting as to federal savings associations after compliance       8 in section 19 e 12 usc 1829 e  a in paragraph 1 , by striking director of the office of thrift supervision and inserting board of governors of the federal reserve system and   b in paragraph 2 , by striking director of the office of thrift supervision and inserting board of governors of the federal reserve system    9 in section 28 12 usc 1831e  a in subsection e  i in paragraph 2  i in subparagraph a ii , by striking director of the office of thrift supervision and inserting comptroller of the currency or the corporation, as appropriate   ii in subparagraph c , by striking director of the office of thrift supervision and inserting comptroller of the currency or the corporation, as appropriate, and   iii in subparagraph f , by striking director of the office of thrift supervision and inserting comptroller of the currency or the corporation, as appropriate and    ii in paragraph 3  i in subparagraph a , by striking director of the office of thrift supervision and inserting comptroller of the currency or the corporation, as appropriate and   ii in subparagraph b , by striking director of the office of thrift supervision and inserting comptroller of the currency or the corporation, as appropriate, and     b in subsection h 2 , by striking director of the office of thrift supervision and inserting comptroller of the currency, of the corporation, and    10 in section 33 e 12 usc 1831j e , by striking federal housing finance board, the comptroller of the currency, and the director of the office of thrift supervision and inserting federal housing finance agency and the comptroller of the currency     sec 364 federal home loan bank act  a repeal of section 18 c effective 90 days after the transfer date, section 18 c of the federal home loan bank act 12 usc 1438 c is repealed   b repeal of section 21a section 21a of the federal home loan bank act 12 usc 1441a is repealed    sec 365 federal housing enterprises financial safety and soundness act of 1992  the federal housing enterprises financial safety and soundness act of 1992 12 usc 4501 et seq is amended  1 in section 1315 b 12 usc 4515 b , by striking the federal deposit insurance corporation, and the office of thrift supervision and inserting and the federal deposit insurance corporation and   2 in section 1317 c 12 usc 4517 c , by striking the federal deposit insurance corporation, or the director of the office of thrift supervision and inserting or the federal deposit insurance corporation     sec 366 federal reserve act  the federal reserve act 12 usc 221 et seq is amended  1 in section 11 a 2 12 usc 248 a 2  a by inserting state savings associations that are insured depository institutions as defined in section 3 of the federal deposit insurance act , after case of insured   b by striking director of the office of thrift supervision and inserting comptroller of the currency   c by inserting federal before savings association which and   d by striking savings and loan association and inserting savings association and    2 in section 19 b 12 usc 461 b  a in paragraph 1 f , by striking director of the office of thrift supervision and inserting comptroller of the currency and   b in paragraph 4 b , by striking director of the office of thrift supervision and inserting comptroller of the currency      sec 367 financial institutions reform, recovery, and enforcement act of 1989  the financial institutions reform, recovery, and enforcement act of 1989 is amended  1 in section 203 12 usc 1812 note , by striking subsection b   2 in section 302 1 12 usc 1467a note , by striking director of the office of thrift supervision and inserting comptroller of the currency   3 in section 305 12 usc 1464 note , by striking subsection b   4 in section 308 12 usc 1463 note  a in subsection a , by striking director of the office of thrift supervision and inserting chairman of the board of governors of the federal reserve system, the comptroller of the currency, the chairman of the national credit union administration, and   b by adding at the end the following new subsection  c reports the secretary of the treasury, the chairman of the board of governors of the federal reserve system, the comptroller of the currency, the chairman of the national credit union administration, and the chairperson of board of directors of the federal deposit insurance corporation shall each submit an annual report to the congress containing a description of actions taken to carry out this section      5 in section 402 12 usc 1437 note  a in subsection a , by striking director of the office of thrift supervision and inserting comptroller of the currency   b by striking subsection b   c in subsection e  i in paragraph 1 , by striking office of thrift supervision and inserting comptroller of the currency and   ii in each of paragraphs 2 , 3 , and 4 , by striking director of the office of thrift supervision each place that term appears and inserting comptroller of the currency and    d by striking federal housing finance board each place that term appears and inserting federal housing finance agency    6 in section 1103 a 12 usc 3332 a , by striking and the resolution trust corporation   7 in section 1205 b 12 usc 1818 note  a in paragraph 1  i by striking subparagraph b and   ii by redesignating subparagraphs c through f as subparagraphs b through e , respectively and    b in paragraph 2 , by striking paragraph 1 f and inserting paragraph 1 e    8 in section 1206 12 usc 1833b  a by striking board, the oversight board of the resolution trust corporation and inserting agency, and and   b by striking , and the office of thrift supervision    9 in section 1216 12 usc 1833e  a in subsection a  i in paragraph 3 , by adding and at the end   ii in paragraph 4 , by striking the semicolon at the end and inserting a period   iii by striking paragraphs 2 , 5 , and 6 and   iv by redesignating paragraphs 3 and 4 , as paragraphs 2 and 3 , respectively    b in subsection c  i by striking the director of the office of thrift supervision, and inserting and and   ii by striking the thrift depositor protection oversight board of the resolution trust corporation, and the resolution trust corporation and    c in subsection d  i by striking paragraphs 3 , 5 , and 6 and   ii by redesignating paragraphs 4 , 7 , and 8 as paragraphs 3 , 4 , and 5 , respectively       sec 368 flood disaster protection act of 1973  section 3 a 5 of the flood disaster protection act of 1973 42 usc 4003 a 5 is amended by striking , the office of thrift supervision    sec 369 home owners loan act  the home owners loan act 12 usc 1461 et seq is amended  1 in section 1 12 usc 1461 , by striking the table of contents   2 in section 2 12 usc 1462 , as amended by this act  a by striking paragraphs 1 and 3   b by redesignating paragraph 2 as paragraph 1   c by redesignating paragraphs 4 through 9 as paragraphs 2 through 7 , respectively and   d by adding at the end the following  8 board the term board , other than in the context of the board of directors of the corporation, means the board of governors of the federal reserve system   9 comptroller the term comptroller means the comptroller of the currency      3 in section 3 12 usc 1462a  a by striking the section heading and inserting the following  sec 3 administrative provisions     b by striking subsections a , b , c , d , g , h , i , and j   c by redesignating subsections e and f as subsections a and b , respectively   d in subsection a , as so redesignated  i in the heading by striking of the director and   ii in the matter preceding paragraph 1 , by striking the director and inserting in accordance with subtitle a of title iii of the dodd-frank wall street reform and consumer protection act, the appropriate federal banking agency and    e in subsection b , as so redesignated, by striking director and inserting appropriate federal banking agency    4 in section 4 12 usc 1463  a in subsection a  i in the subsection heading, by striking federal   ii by striking paragraphs 1 and 2 and inserting the following  1 examination and safe and sound operation  a federal savings associations the comptroller shall provide for the examination and safe and sound operation of federal savings associations   b state savings associations the corporation shall provide for the examination and safe and sound operation of state savings associations    2 regulations for savings associations the comptroller may prescribe regulations with respect to savings associations, as the comptroller determines to be appropriate to carry out the purposes of this act   and   iii in paragraph 3 , by striking director each place that term appears and inserting comptroller and the corporation    b in subsection b  i in paragraph 2  i in subparagraph a , by adding and at the end   ii in subparagraph b , by striking and and inserting a period and   iii by striking subparagraph c and    ii by striking director each place that term appears and inserting comptroller    c in subsection c  i by striking all regulations and policies of the director and inserting the regulations of the comptroller and the policies of the comptroller and the corporation and   ii by striking of the currency    d in subsection e 5 , by striking director and inserting comptroller   e in subsection f , by striking director each place that term appears and inserting appropriate federal banking agency and   f in subsection h , by striking director each place that term appears and inserting appropriate federal banking agency    5 in section 5 12 usc 1464  a in subsection a , by striking director , each place such term appears and inserting comptroller of the currency   b in subsection b , by striking director , each place such term appears and inserting comptroller of the currency   c in subsection c  i in paragraph 5  i in subparagraph a , by striking director and inserting appropriate federal banking agency and   ii in subparagraph b  aa by striking the director and inserting the appropriate federal banking agency and   bb by striking the director and inserting the appropriate federal banking agency      d in subsection d  i in paragraph 1  i in subparagraph a  aa in the first sentence, by striking director and inserting appropriate federal banking agency   bb in the second sentence  ex11 > aa by striking director s own name and through the director s own attorneys and inserting name of the appropriate federal banking agency and through the attorneys of the appropriate federal banking agency and   ex11 > bb by striking director each place that term appears and inserting appropriate federal banking agency and    cc in the third sentence, by striking director each place that term appears and inserting comptroller    ii in subparagraph b  aa in clauses i through iv , by striking director each place that term appears and inserting appropriate federal banking agency    iii in clause v  aa in the matter preceding subclause i , by striking director and inserting appropriate federal banking agency   bb in subclause ii , by striking subpenas and inserting subpoenas and   cc in the matter following subclause ii , by striking subpena and inserting subpoena    iv in clause vi  aa in the first sentence, by striking director and inserting appropriate federal banking agency and   bb in the second sentence, by striking director and inserting comptroller    v in clause vii  aa in the first sentence, by striking subpena and inserting subpoena   bb in the second sentence, by striking subpenaed and inserting subpoenaed and   cc in the third sentence, by striking director and inserting appropriate federal banking agency     ii in paragraph 2  i in subparagraph a  aa by striking director of the office of thrift supervision and inserting appropriate federal banking agency   bb by striking any insured savings association and inserting an insured savings association and   cc by striking director determines, in the director s discretion and inserting appropriate federal banking agency determines, in the discretion of the appropriate federal banking agency    ii in subparagraph b , by striking director each place that term appears and inserting appropriate federal banking agency   iii in subparagraphs c and d , by striking director and inserting appropriate federal banking agency   iv in subparagraph e  aa in clause ii  ex11 > aa in the clause heading, by striking or rtc and   ex11 > bb by striking or the resolution trust corporation, as appropriate, each place that term appears and    bb by striking director each place that term appears and inserting appropriate federal banking agency and     iii in paragraph 3  i in subparagraph a , by striking director each place that term appears and inserting comptroller and   ii in subparagraph b  aa in the subparagraph heading, by striking or rtc   bb by striking corporation or the resolution trust and   cc by striking director and inserting comptroller     iv in paragraph 4 , by striking director and inserting appropriate federal banking agency   v in paragraph 6  i in subparagraph a , by striking director and inserting comptroller and   ii in subparagraphs b and c , by striking director each place that term appears and inserting appropriate federal banking agency    vi in paragraph 7  i in subparagraphs a , b , and d , by striking director each place that term appears and inserting appropriate federal banking agency   ii in subparagraph c , by striking director and inserting federal deposit insurance corporation or the comptroller, as appropriate, and   iii by striking subparagraph e and inserting the following  e administration by the comptroller and the corporation the comptroller may issue such regulations, and the appropriate federal banking agency may issue such orders, including those issued pursuant to section 8 of the federal deposit insurance act, as may be necessary to administer and carry out this paragraph and to prevent evasion of this paragraph       e in subsection e 2 , strike director and insert comptroller   f in subsection i  i by striking director , each place such term appears, and inserting comptroller   ii in paragraph 2 , in the heading, by striking director and inserting comptroller   iii in paragraph 5 a , by striking of the currency and   iv except as provided in clauses i through iii , by striking director each place such term appears and inserting comptroller    g in subsection o  i in paragraph 1 , by striking director and inserting comptroller and   ii in paragraph 2 b , by striking directors determination and inserting determination of the comptroller    h in subsections m , n , o , and p , by striking director , each place such term appears, and inserting comptroller   i in subsection q  i in paragraph 6 , by striking of governors of the federal reserve system   ii by striking director each place that term appears and inserting board and   iii by inserting in consultation with the comptroller and the corporation, before considers    j in subsection r 3 , by striking director and inserting comptroller of the currency   k in subsection s  i in paragraph 1 , strike director and insert comptroller of the currency   ii in paragraph 2 , strike director and insert comptroller of the currency   iii in paragraph 3 , by striking director s discretion, the director and inserting discretion of the appropriate federal banking agency, the appropriate federal banking agency,   iv in paragraph 4 , by striking director each place that term appears and inserting appropriate federal banking agency and   v in paragraph 5  i by striking director , each place such term appears, and inserting appropriate federal banking agency and   ii by striking director s approval and inserting approval of the appropriate federal banking agency     l in subsection t  i in paragraph 1 , by striking subparagraph d   ii by striking paragraph 3 and inserting the following  3 repealed     iii in paragraph 5  i in subparagraph b , by striking corporation, in its sole discretion and inserting appropriate federal banking agency, in the sole discretion of the appropriate federal banking agency and   ii by striking subparagraph d    iv in paragraph 6  i by striking subparagraph a and inserting the following  a reserved     ii in subparagraph b , by striking director each place that term appears and inserting appropriate federal banking agency   iii in subparagraph c  aa in clause i , by striking director s prior approval and inserting prior approval of the appropriate federal banking agency   bb in clause ii , by striking director s discretion and inserting discretion of the appropriate federal banking agency and   cc by striking director each place that term appears and inserting appropriate federal banking agency    iv in subparagraph e , by striking director shall and inserting appropriate federal banking agency may and   v in subparagraph f , by striking director and all that follows through the end of the subparagraph and inserting appropriate federal banking agency under this act or any other provision of law    v in paragraph 7 , by striking director each place that term appears and inserting appropriate federal banking agency   vi by striking paragraph 8 and inserting the following  8 repealed     vii in paragraph 9  i in subparagraph a , by striking director and inserting comptroller   ii in subparagraph c , by striking of the currency and   iii by striking subparagraph b and redesignating subparagraphs c and d as subparagraphs b and c , respectively and    viii except as provided in clauses i through vii , by striking director each place that term appears and inserting appropriate federal banking agency    m in subsection u , by striking director each place that term appears and inserting appropriate federal banking agency   n in subsection v  i in paragraph 2 , by striking director s determinations and inserting determinations of the appropriate federal banking agency and   ii by striking director each place that term appears and inserting appropriate federal banking agency    o in subsection w 1  i in subparagraph a ii , by striking director s intention and inserting intention of the comptroller and   ii in subparagraph b , by striking director s intention and inserting intention of the comptroller and    p except as provided in subparagraphs a through j , by striking director each place that term appears and inserting comptroller    6 in section 8 12 usc 1466a , by striking director each place that term appears and inserting comptroller   7 in section 9 12 usc 1467  a in subsection a , by striking assessed by the director and all that follows through the end of the subsection and inserting the following assessed by  1 the comptroller, against each such federal savings association, as the comptroller deems necessary or appropriate and   2 the corporation, against each such state savings association, as the corporation deems necessary or appropriate     b in subsection b , by striking director , each place such term appears, and inserting comptroller or corporation, as appropriate   c in subsection e  i by striking only the director and inserting the comptroller and   ii by striking director s designee and inserting designee of the comptroller    d by striking subsection f and inserting the following  f reserved     e in subsection g  i in paragraph 1 , by striking director and inserting appropriate federal banking agency and   ii in paragraph 2 , by striking director, or the corporation, as the case may be, and inserting appropriate federal banking agency for the savings association    f in subsection i , by striking director each place that term appears and inserting appropriate federal banking agency   g in subsection j , by striking director s sole discretion and inserting sole discretion of the appropriate federal banking agency   h in subsection k , by striking director may assess against institutions for which the director is the appropriate federal banking agency, as defined in section 3 of the federal deposit insurance act, and inserting appropriate federal banking agency may assess against an institution and   i except as provided in subparagraphs a through g , by striking director each place that term appears and inserting appropriate federal banking agency    8 in section 10 12 usc 1467a  a in subsection a 1 , by striking director each place that term appears and inserting appropriate federal banking agency   b in subsection b  i in paragraph 2 , by striking and the regional office of the director of the district in which its principal office is located, and   ii in paragraph 6 , by striking director s own motion or application and inserting motion or application of the board    c in subsection c  i in paragraph 2 f , by striking of governors of the federal reserve system   ii in paragraph 4 b , in the subparagraph heading, by striking by director   iii in paragraph 6 d , in the subparagraph heading, by striking by director and   iv in paragraph 9 e , by inserting in consultation with the appropriate federal banking agency after including a determination    d in subsection g 5 b , by striking the director s discretion and inserting the discretion of the board   e in subsection l , by striking director each place that term appears and inserting appropriate federal banking agency   f in subsection m , by striking director and inserting appropriate federal banking agency   g in subsection p  i in paragraph 1  i by striking director determines the 1st place such term appears and inserting board or the appropriate federal banking agency for the savings association determines   ii by striking director may and inserting board may and   iii by striking director determines the 2nd place such term appears and inserting board, in consultation with the appropriate federal banking agency for the savings association determines and    ii in paragraph 2 , by striking director , each place such term appears, and inserting board    h in subsection q , by striking director , each place such term appears, and inserting board   i in subsection r , by striking director , each place such term appears, and inserting board or appropriate federal banking agency   j in subsection s  i in paragraph 2  i in subparagraph b ii , by striking director s judgment and inserting judgment of the appropriate federal banking agency for the savings association and   ii by striking director each place that term appears and inserting appropriate federal banking agency for the savings association and    ii in paragraph 4 , by striking director and inserting comptroller and    k except as provided in subparagraphs a through j , by striking director each place that term appears and inserting board    9 in section 11 12 usc 1468 , by striking director each place that term appears and inserting appropriate federal banking agency   10 in section 12 12 usc 1468a , by striking the director and inserting a federal banking agency and   11 in section 13 12 usc 1468a is amended by striking director and inserting a federal banking agency     sec 370 housing act of 1948  section 502 c of the housing act of 1948 12 usc 1701c c is amended  1 in the matter preceding paragraph 1 , by striking and the director of the office of thrift supervision and inserting , the comptroller of the currency, and the federal deposit insurance corporation and   2 in paragraph 3 , by striking board and inserting agency     sec 371 housing and community development act of 1992  section 543 of the housing and community development act of 1992 public law 102550 106 stat 3798 is amended  1 in subsection c 1  a by striking subparagraphs d through f and   b by redesignating subparagraphs g and h as subparagraphs d and e , respectively and    2 in subsection f  a in paragraph 2 , by striking the office of thrift supervision, each place that term appears and   b in paragraph 3  i in the matter preceding subparagraph a , by striking the office of thrift supervision, and   ii in subparagraph d , by striking office of thrift supervision,       sec 372 housing and urban-rural recovery act of 1983  section 469 of the housing and urban-rural recovery act of 1983 12 usc 1701p1 is amended in the first sentence, by striking federal home loan bank board and inserting federal housing finance agency    sec 373 national housing act  section 202 f of the national housing act 12 usc 1708 f is amended  1 by striking paragraph 5 and inserting the following  5 if the mortgagee is a national bank, a subsidiary or affiliate of such bank, a federal savings association or a subsidiary or affiliate of a savings association, the comptroller of the currency     2 in paragraph 6 , by adding and at the end   3 in paragraph 7  a by inserting or state savings association after state bank and   b by striking and and inserting a period and    4 by striking paragraph 8     sec 374 neighborhood reinvestment corporation act  section 606 c 3 of the neighborhood reinvestment corporation act 42 usc 8105 c 3 is amended by striking federal home loan bank board and inserting federal housing finance agency    sec 375 public law 93100  section 5 d of public law 93100 12 usc 1470 a is amended  1 in paragraph 1 , by striking federal savings and loan insurance corporation with respect to insured institutions, the board of governors of the federal reserve system with respect to state member insured banks, and the federal deposit insurance corporation with respect to state nonmember insured banks and inserting appropriate federal banking agency, with respect to the institutions subject to the jurisdiction of each such agency, and   2 in paragraph 2 , by striking supervisory and inserting banking     sec 376 securities exchange act of 1934  the securities exchange act of 1934 15 usc 78a et seq is amended  1 in section 3 a 34 15 usc 78c a 34  a in subparagraph a  i in clause i , by striking or a subsidiary or a department or division of any such bank and inserting a subsidiary or a department or division of any such bank, a federal savings association as defined in section 3 b 2 of the federal deposit insurance act 12 usc 1813 b 2 , the deposits of which are insured by the federal deposit insurance corporation, or a subsidiary or department or division of any such federal savings association   ii in clause ii , by striking or a subsidiary or a department or division of such subsidiary and inserting a subsidiary or a department or division of such subsidiary, or a savings and loan holding company   iii in clause iii , by striking or a subsidiary or department or division thereof and inserting a subsidiary or department or division of any such bank, a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 usc 1813 b 3 , the deposits of which are insured by the federal deposit insurance corporation, or a subsidiary or a department or division of any such state savings association and   iv by striking clause iv and   v by redesignating clause v as clause iv    b in subparagraph b  i in clause i , by striking or a subsidiary of any such bank and inserting a subsidiary of any such bank, a federal savings association as defined in section 3 b 2 of the federal deposit insurance act 12 usc 1813 b 2 , the deposits of which are insured by the federal deposit insurance corporation, or a subsidiary of any such federal savings association   ii in clause ii , by striking or a subsidiary of a bank holding company which is a bank other than a bank specified in clause i , iii , or iv of this subparagraph and inserting a subsidiary of a bank holding company that is a bank other than a bank specified in clause i or iii of this subparagraph, or a savings and loan holding company   iii in clause iii , by striking or a subsidiary thereof and inserting a subsidiary of any such bank, a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 usc 1813 b 3 , the deposits of which are insured by the federal deposit insurance corporation, or a subsidiary of any such state savings association and   iv by striking clause iv and   v by redesignating clause v as clause iv    c in subparagraph c  i in clause i , by striking bank and inserting bank or a federal savings association as defined in section 3 b 2 of the federal deposit insurance act 12 usc 1813 b 2 , the deposits of which are insured by the federal deposit insurance corporation   ii in clause ii , by striking or a subsidiary of a bank holding company which is a bank other than a bank specified in clause i , iii , or iv of this subparagraph and inserting a subsidiary of a bank holding company that is a bank other than a bank specified in clause i or iii of this subparagraph, or a savings and loan holding company   iii in clause iii , by striking system and inserting, system or a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 usc 1813 b 3 , the deposits of which are insured by the federal deposit insurance corporation and   iv by striking clause iv and   v by redesignating clause v as clause iv    d in subparagraph d  i in clause i , by inserting after bank the following or a federal savings association as defined in section 3 b 2 of the federal deposit insurance act 12 usc 1813 b 2 , the deposits of which are insured by the federal deposit insurance corporation   ii in clause ii , by adding and at the end   iii by striking clause iii   iv by redesignating clause iv as clause iii and   v in clause iii , as so redesignated, by inserting after bank the following or a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 usc 1813 b 3 , the deposits of which are insured by the federal deposit insurance corporation    e in subparagraph f  i in clause i , by inserting after bank the following or a federal savings association as defined in section 3 b 2 of the federal deposit insurance act 12 usc 1813 b 2 , the deposits of which are insured by the federal deposit insurance corporation   ii by striking clause ii   iii by redesignating clauses iii , iv , and v as clauses ii , iii , and iv , respectively and   iv in clause iii , as so redesignated, by inserting before the semicolon the following or a state savings association as defined in section 3 b 3 of the federal deposit insurance act 12 usc 1813 b 3 , the deposits of which are insured by the federal deposit insurance corporation    f in subparagraph g  i in clause i , by inserting after national bank the following , a federal savings association as defined in section 3 b 2 of the federal deposit insurance act , the deposits of which are insured by the federal deposit insurance corporation,   ii in clause iii  i by inserting after bank the following , a state savings association as defined in section 3 b 3 of the federal deposit insurance act , the deposits of which are insured by the federal deposit insurance corporation, and   ii by adding and at the end    iii by striking clause iv and   iv by redesignating clause v as clause iv and    g in the undesignated matter following subparagraph h , by striking , and the term district of columbia savings and loan association means any association subject to examination and supervision by the office of thrift supervision under section 8 of the home owners loan act of 1933    2 in section 12 i 15 usc 78l i  a in paragraph 1 , by inserting after national banks the following and federal savings associations, the accounts of which are insured by the federal deposit insurance corporation   b by striking 3 and all that follows through vested in the office of thrift supervision and inserting and 3 with respect to all other insured banks and state savings associations, the accounts of which are insured by the federal deposit insurance corporation, are vested in the federal deposit insurance corporation and   c in the second sentence, by striking the federal deposit insurance corporation, and the office of thrift supervision and inserting and the federal deposit insurance corporation    3 in section 15c g 1 15 usc 78o5 g 1 , by striking the director of the office of thrift supervision, the federal savings and loan insurance corporation, and   4 in section 23 b 1 15 usc 78w b 1 , by striking , other than the office of thrift supervision,     sec 377 title 18, united states code  title 18, united states code, is amended  1 in section 212 c 2  a by striking subparagraph c and   b by redesignating subparagraphs d through h as subparagraphs c through g , respectively    2 in section 657, by striking office of thrift supervision, the resolution trust corporation,   3 in section 981 a 1 d  a by striking resolution trust corporation, and   b by striking or the office of thrift supervision    4 in section 982 a 3  a by striking resolution trust corporation, and   b by striking or the office of thrift supervision    5 in section 1006  a by striking office of thrift supervision, and   b by striking the resolution trust corporation,    6 in section 1014  a by striking the office of thrift supervision and   b by striking the resolution trust corporation, and    7 in section 1032 1  a by striking the resolution trust corporation, and   b by striking or the director of the office of thrift supervision      sec 378 title 31, united states code  title 31, united states code, is amended  1 in section 321  a in subsection c  i in paragraph 1 , by adding and at the end   ii in paragraph 2 , by striking and and inserting a period and   iii by striking paragraph 3 and    b by striking subsection e and    2 in section 714 a , by striking the office of the comptroller of the currency, and the office of thrift supervision and inserting and the office of the comptroller of the currency      