MEMBERSHIP OF LOAN GUARANTEE BOARDS.

SEC. 734. MEMBERSHIP OF LOAN GUARANTEE BOARDS. (a) Emergency Steel Loan Guarantee Board.—Section 101(e) of the Emergency Steel Loan Guarantee Act of 1999 is amended— (1) in paragraph (2), by inserting or a member of the Board of Governors of the Federal Reserve System designated by the Chairman" after “the Chairman of the Board of Governors of the Federal Reserve System”; and (2) in paragraph (3), by inserting “, or a commissioner of the Securities and Exchange Commission designated by the Chairman” before the period.113 STAT. 1479 (b) Emergency Oil and Gas Loan Guarantee Board.—Section 201(d)(2) of the Emergency Oil and Gas Guarantee Loan Program Act is amended— (1) in subparagraph (B), by inserting “, or a member of the Board of Governors of the Federal Reserve System designated by the Chairman” after “the Chairman of the Board of Governors of the Federal Reserve System”; and (2) in subparagraph (C), by inserting “, or a commissioner of the Securities and Exchange Commission designated by the Chairman” before the period.