Pub. L. 111-203, tit. III, subtit. C, sec. 336
MANAGEMENT OF THE FEDERAL DEPOSIT INSURANCE CORPORATION.
SEC. 336. MANAGEMENT OF THE FEDERAL DEPOSIT INSURANCE CORPORATION.(a) In General.—Section 2 of the Federal Deposit Insurance Act (12 U.S.C. 1812) is amended—(1) in subsection (a)(1)(B), by striking “Director of the Office of Thrift Supervision” and inserting “Director of the Consumer Financial Protection Bureau”;(2) by amending subsection (d)(2) to read as follows:“(2) Acting officials may serve.—In the event of a vacancy in the office of the Comptroller of the Currency or the office of Director of the Consumer Financial Protection Bureau and pending the appointment of a successor, or during the absence or disability of the Comptroller of the Currency or the Director of the Consumer Financial Protection Bureau, the acting Comptroller of the Currency or the acting Director of the Consumer Financial Protection Bureau, as the case may be, shall be a member of the Board of Directors in the place of the Comptroller or Director.”; and(3) in subsection (f)(2), by striking “Office of Thrift Supervision” and inserting “Consumer Financial Protection Bureau”.(b) Effective Date.—This section, and the amendments made by this section, shall take effect on the transfer date.