15 U.S.C. § 1693p | Reports to Congress

(a)

1 See References in Text note below.

Not later than twelve months after the effective date of this subchapter and at one-year intervals thereafter, the Bureau shall make reports to the Congress concerning the administration of its functions under this subchapter, including such recommendations as the Bureau deems necessary and appropriate. In addition, each report of the Bureau shall include its assessment of the extent to which compliance with this subchapter is being achieved, and a summary of the enforcement actions taken under section 1693  of this title. In such report, the Bureau shall particularly address the effects of this subchapter on the costs and benefits to financial institutions and consumers, on competition, on the introduction of new technology, on the operations of financial institutions, and on the adequacy of consumer protection.

(b)

In the exercise of its functions under this subchapter, the Bureau may obtain upon request the views of any other Federal agency which, in the judgment of the Bureau, exercises regulatory or supervisory functions with respect to any class of persons subject to this subchapter.

Pub. L. 90–321, title IX, § 921 Pub. L. 95–630, title XX, § 2001Nov. 10, 197892 Stat. 3740 Pub. L. 97–375, title II, § 209(a)Dec. 21, 198296 Stat. 1825 Pub. L. 111–24, title IV, § 401(1)May 22, 2009123 Stat. 1751 Pub. L. 111–203, title XJuly 21, 2010124 Stat. 2060(, formerly § 918, as added , , ; amended , , ; renumbered § 919, , , ; renumbered § 920, renumbered § 921, and amended , §§ 1073(a)(3), 1075(a)(1), 1084(1), , , 2068, 2081.)

Editorial Notes

References in Text

section 921 of Pub. L. 90–321 section 1693 of this titleFor effective date of this subchapter, referred to in subsec. (a), see , set out as an Effective Date note under .

osection 917 of this title section 918 of title I of Pub. L. 90–321 section 917 of title I of Pub. L. 90–321 Pub. L. 111–24, title IV, § 401(1)May 22, 2009123 Stat. 1751Section 1693 of this title, referred to in subsec. (a), was in the original “”, and was translated as meaning to reflect the probable intent of Congress and the renumbering of as section 918 by , , .

Codification

section 918 of Pub. L. 90–321 section 401(1) of Pub. L. 111–24 section 919 of Pub. L. 90–321 Pub. L. 111–203 section 403 of Pub. L. 111–24lsection 4 of Pub. L. 111–203 section 5301 of Title 12 Pub. L. 111–24May 22, 2009Pub. L. 111–203July 21, 2010Renumbering of as section 919 by was executed prior to the renumberings of as section 920 and then as section 921 by sections 1073(a)(3) and 1075(a)(1) of as the probable intent of Congress, notwithstanding , set out as an Effective Date note under section 1693–1 of this title and , set out as an Effective Date note under , Banks and Banking, which provided that the renumbering by was effective 15 months after , and the renumberings by were effective 1 day after .

Prior Provisions

Pub. L. 90–321Two prior sections 921 of were renumbered section 922 and are classified to sections 1693q and 1693r of this title.

section 921 of Pub. L. 90–321 section 1693 of this titleAnother prior was renumbered section 923 and is classified as an Effective Date note under .

Amendments

Pub. L. 111–203, § 1084(1)2010—, substituted “Bureau” for “Board” wherever appearing.

Pub. L. 97–3751982—Subsec. (a). struck out requirement that the Attorney General make a report on the same terms as the Board, and that such report also contain an analysis of the impact of this subchapter on the operation, workload, and efficiency of the Federal courts, and substituted “necessary and appropriate” for “necessary or appropriate”.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment

section 1084(1) of Pub. L. 111–203 section 1100H of Pub. L. 111–203 section 552a of Title 5Amendment by effective on the designated transfer date, see , set out as a note under , Government Organization and Employees.