12 USC 5491 - Establishment of the Bureau of Consumer Financial Protection

U.S Code last checked for updates: Nov 23, 2024

§ 5491.

Establishment of the Bureau of Consumer Financial Protection

(a)

Bureau established

(b)

Director and Deputy Director

(1)

In general

(2)

Appointment

(3)

Qualification

(4)

Compensation

(5)

Deputy Director

There is established the position of Deputy Director, who shall—

(A)

be appointed by the Director; and

(B)

serve as acting Director in the absence or unavailability of the Director.

(c)

Term

(1)

In general

(2)

Expiration of term

(3)

Removal for cause

(d)

Service restriction

(e)

Offices

(Pub. L. 111–203, title X, § 1011, July 21, 2010, 124 Stat. 1964.)

cite as: 12 USC 5491