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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 250 Independence of financial regulatory agencies us united_states_code code_section 12 BANKS AND BANKING 3 FEDERAL RESERVE SYSTEM 250 12 U.S.C. § 250 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s250 data/legal/raw/us/code/title-12/usc12.xml b6724293be85e97f24e8e2e6fd6ee0f1969b2d7b4f579aff6432ad1755889d6b e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 307af5b2e2e8b6cb8b66adc1a11840495a1d93b34f6a0320f787767c5343676d 2026-07-04 official
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12 U.S.C. § 250 - Independence of financial regulatory agencies

Text

No officer or agency of the United States shall have any authority to require the Securities and Exchange Commission, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the Director of the Federal Housing Finance Agency, or the National Credit Union Administration to submit legislative recommendations, or testimony, or comments on legislation, to any officer or agency of the United States for approval, comments, or review, prior to the submission of such recommendations, testimony, or comments to the Congress if such recommendations, testimony, or comments to the Congress include a statement indicating that the views expressed therein are those of the agency submitting them and do not necessarily represent the views of the President.

(Pub. L. 93495, title I, § 111, Oct. 28, 1974, 88 Stat. 1506; Pub. L. 103325, title III, § 331(a), Sept. 23, 1994, 108 Stat. 2232; Pub. L. 106102, title VI, § 606(e)(2), Nov. 12, 1999, 113 Stat. 1455; Pub. L. 110289, div. A, title I, § 1102(b), July 30, 2008, 122 Stat. 2664.)

Notes

Editorial Notes

Codification Section was not enacted as part of the Federal Reserve Act which comprises this chapter.

Amendments2008—Pub. L. 110289 substituted “the Director of the Federal Housing Finance Agency” for “the Federal Housing Finance Board”. 1999—Pub. L. 106102 substituted “Director of the Office of Thrift Supervision, the Federal Housing Finance Board,” for “Federal Home Loan Bank Board,”. 1994—Pub. L. 103325 inserted “the Comptroller of the Currency,” after “Federal Deposit Insurance Corporation,”.