OFFICE OF THRIFT SUPERVISION REPRESENTATION ON BASEL COMMITTEE ON BANKING SUPERVISION.

SEC. 713. OFFICE OF THRIFT SUPERVISION REPRESENTATION ON BASEL COMMITTEE ON BANKING SUPERVISION.(a) In General.—Section 912 of the International Lending Supervision Act of 1983 (12 U.S.C. 3911) is amended—(1) in the section heading, by inserting at the end the following: “and the office of thrift supervision”;(2) by striking “As one of the three” and inserting the following:“(a) In General.—As one of the 4”; and(3) by adding at the end the following:“(b) As one of the 4 Federal bank regulatory and supervisory agencies, the Office of Thrift Supervision shall be given equal representation with the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on the Committee on Banking Regulations and Supervisory Practices of the Group of Ten Countries and Switzerland.”.(b) Conforming Amendments.—Section 910(a) of the International Lending Supervision Act of 1983 (12 U.S.C. 3909(a)) is amended—(1) in paragraph (2), by striking “insured bank” and inserting “insured depository institution”; and(2) in paragraph (3), by striking “an ‘insured bank’, as such term is used in section 3(h)” and inserting “an ‘insured depository institution’, as such term is defined in section 3(c)(2)”.