U.S. Code » Title 12 » Chapter CHAPTER 53— WALL STREET REFORM AND CONSUMER PROTECTION › Subchapter SUBCHAPTER V— BUREAU OF CONSUMER FINANCIAL PROTECTION › Part Part F— Transfer of Functions and Personnel; Transitional Provisions

12 U.S.C. § 5586

Interim authority of the Secretary

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(a) In general

The Secretary is authorized to perform the functions of the Bureau under this part until the Director of the Bureau is confirmed by the Senate in accordance with section 5491 of this title.

(b) Interim administrative services by the Department of the Treasury

The Department of the Treasury may provide administrative services necessary to support the Bureau before the designated transfer date.

(Pub. L. 111–203, title X, § 1066, July 21, 2010, 124 Stat. 2055.)
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2024–2024 · leading case: Ditech Holding Corporation
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Ditech Holding Corporation (2024) nysb “In doing so, the Court construes the Response in the light most favorable to the pro se Claimant to state the strongest arguments that they The Department of the Treasury may provide administrative services necessary to support the Bureau before the designated transfer date.”
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