12 U.S.C. § 1833b - U.S. Code - Unannotated Title 12. Banks and Banking § 1833b. Comparability in compensation schedules

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(a) In general

The Federal Deposit Insurance Corporation, the Comptroller of the Currency, the National Credit Union Administration Board, the Federal Housing Finance Agency, the Office of Financial Research, and the Bureau of Consumer Financial Protection, the   1 Farm Credit Administration, in establishing and adjusting schedules of compensation and benefits which are to be determined solely by each agency under applicable provisions of law, shall inform the heads of the other agencies and the Congress of such compensation and benefits and shall seek to maintain comparability regarding compensation and benefits.

(b) Commodity Futures Trading Commission

In establishing and adjusting schedules of compensation and benefits for employees of the Commodity Futures Trading Commission under applicable provisions of law, the Commission shall--

(1)  inform the heads of the agencies referred to in subsection (a) of this section and Congress of such compensation and benefits;  and

(2)  seek to maintain comparability with those agencies regarding compensation and benefits.

1 So in original.  Probably should be “Research, the Bureau of Consumer Financial Protection, and the”.

Cite this article: FindLaw.com - 12 U.S.C. § 1833b - U.S. Code - Unannotated Title 12. Banks and Banking § 1833b. Comparability in compensation schedules - last updated January 01, 2018 | https://codes.findlaw.com/us/title-12-banks-and-banking/12-usc-sect-1833b.html


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