12 U.S.C. § 249 — Repealed. Pub. L. 94–412, title V, § 501(c),

Page 100 TITLE 12—BANKS AND BANKING § 249 (B) a central bank, as defined in section 632 of this title, other than a commercial bank; (C) a public international organization en- titled to enjoy privileges, exemptions, and immunities as an international organization under the International Organizations Im- munities Act (22 U.S.C. 288 et seq.); and (D) any governmental entity for which the Secretary of the Treasury has directed a Federal reserve bank to receive deposits as fiscal agent of the United States under sec- tion 391 of this title. (3) Reserve bank master account and services The term ‘‘reserve bank master account and services’’ means an account in which a Federal reserve bank— (A) receives deposits for an entity other than an official accountholder; or (B) provides any service under section 248a(b) of this title to an entity other than an official accountholder. (b) Publishing master account and access infor- mation (1) Online database The Board shall create and maintain a pub- lic, online, and searchable database that con- tains— (A) a list of every entity that currently has access to a reserve bank master account and services, including the date on which the access was granted to the extent the date is knowable; (B) a list of every entity that submits an access request for a reserve bank master ac- count and services after enactment of this section (or that has submitted an access re- quest that is pending on December 23, 2022), including whether, and the dates on which, a request— (i) was submitted; and (ii) was approved, rejected, pending, or withdrawn; and (C) for each list described in subparagraph (A) or (B), the type of entity that holds or submitted an access request for a reserve bank master account and services, including whether such entity is— (i) an insured depository institution, as defined in section 1813 of this title; (ii) an insured credit union, as defined in section 1752 of this title; or (iii) a depository institution that is not an insured depository institution or an in- sured credit union. (2) Updates Not less frequently than once every quarter, the Board shall update the database to add any new information required under paragraph (1). (3) Deadline Not later than 180 days after December 23, 2022, the Board shall publish the database with the information required under paragraph (1). (Dec. 23, 1913, ch. 6, § 11C, as added Pub. L. 117–263, div. E, title LVII, § 5708, Dec. 23, 2022, 136 Stat. 3419.) Editorial Notes REFERENCES IN TEXT The International Organizations Immunities Act, re- ferred to in subsec. (a)(2)(C), is title I of act Dec. 29, 1945, ch. 652, 59 Stat. 669, which is classified principally to subchapter XVIII (§ 288 et seq.) of chapter 7 of Title 22, Foreign Relations and Intercourse. For complete classification of this Act to the Code, see Short Title note set out under section 288 of Title 22 and Tables. Enactment of this section, referred to in subsec. (b)(1)(B), means the enactment of this section by Pub. L. 117–263, which was approved Dec. 23, 2022. § 249. Repealed. Pub. L. 94–412, title V, § 501(c), Sept. 14, 1976, 90 Stat. 1258 Section, act Aug. 8, 1947, ch. 517, 61 Stat. 921, dealt with regulation of consumer credit. Statutory Notes and Related Subsidiaries SAVINGS PROVISION Repeal by Pub. L. 94–412 not to affect any action taken or proceeding pending at the time of repeal, see section 501(h) of Pub. L. 94–412, set out as a note under section 1601 of Title 50, War and National Defense. § 250. Independence of financial regulatory agen- cies 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 De- posit 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 rec- ommendations, or testimony, or comments on legislation, to any officer or agency of the United States for approval, comments, or re- view, prior to the submission of such rec- ommendations, testimony, or comments to the Congress if such recommendations, testimony, or comments to the Congress include a state- ment indicating that the views expressed there- in are those of the agency submitting them and do not necessarily represent the views of the President. (Pub. L. 93–495, title I, § 111, Oct. 28, 1974, 88 Stat. 1506; Pub. L. 103–325, title III, § 331(a), Sept. 23, 1994, 108 Stat. 2232; Pub. L. 106–102, title VI, § 606(e)(2), Nov. 12, 1999, 113 Stat. 1455; Pub. L. 110–289, div. A, title I, § 1102(b), July 30, 2008, 122 Stat. 2664.) Editorial Notes CODIFICATION Section was not enacted as part of the Federal Re- serve Act which comprises this chapter. AMENDMENTS 2008—Pub. L. 110–289 substituted ‘‘the Director of the Federal Housing Finance Agency’’ for ‘‘the Federal Housing Finance Board’’. 1999—Pub. L. 106–102 substituted ‘‘Director of the Of- fice of Thrift Supervision, the Federal Housing Finance Board,’’ for ‘‘Federal Home Loan Bank Board,’’. 1994—Pub. L. 103–325 inserted ‘‘the Comptroller of the Currency,’’ after ‘‘Federal Deposit Insurance Corpora- tion,’’.