FEDERAL DEPOSIT INSURANCE ACT.

SEC. 363. FEDERAL DEPOSIT INSURANCE ACT. The Federal Deposit Insurance Act (12 U.S.C. 1811 et seq.) is amended—(1) in section 3 (12 U.S.C. 1813)—(A) in subsection (b)(1)(C), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”;(B) in subsection (l)(5), in the matter preceding subparagraph (A), by striking “Director of the Office of Thrift Supervision,”; and(C) in subsection (z), by striking “the Director of the Office of Thrift Supervision,”;(2) in section 7 (12 U.S.C. 1817)—(A) in subsection (a)—(i) in paragraph (2)—(I) in subparagraph (A)—(aa) in the first sentence, by striking “the Director of the Office of Thrift Supervision,”;(bb) in the second sentence—(AA) by striking “the Director of the Office of Thrift Supervision,” and inserting “to”; and(BB) by inserting “to” before “any Federal home”; and(cc) by striking “Finance Board” each place that term appears and inserting “Finance Agency”; and(II) in subparagraph (B), by striking “the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Director of the Office of Thrift Supervision,” and inserting “the Comptroller of the Currency and the Board of Governors of the Federal Reserve System,”;(ii) in paragraph (3), in the first sentence, by striking “Comptroller of the Currency, the Chairman of the Board of Governors of the Federal Reserve System, and the Director of the Office of Thrift Supervision.” and inserting “Comptroller of the Currency, and the Chairman of the Board of Governors of the Federal Reserve System.”;(iii) in paragraph (6), by striking “section 232(a)(3)(C)” and inserting “section 232(a)(3)(D)”; and124 STAT. 1551(iv) in paragraph (7), by striking “, the Director of the Office of Thrift Supervision,”; and(B) in subsection (n)—(i) in the heading, by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”;(ii) in the first sentence—(I) by striking “the Director of the Office of Thrift Supervision” and inserting “the Comptroller of the Currency”; and(II) by inserting “Federal” before “savings associations”;(iii) in the third sentence, by striking “, the Financing Corporation, and the Resolution Funding Corporation”; and(iv) by striking “the Director” each place that term appears and inserting “the Comptroller”;(3) in section 8 (12 U.S.C. 1818)—(A) in subsection (a)(8)(B)(ii), in the last sentence, by striking “Director of the Office of Thrift Supervision” each place that term appears and inserting “Comptroller of the Currency”;(B) in subsection (b)(3)—(i) by inserting “any savings and loan holding company and any subsidiary (other than a depository institution) of a savings and loan holding company (as such terms are defined in section 10 of Home Owners’ Loan Act)), any noninsured State member bank” after “Bank Holding Company Act of 1956,”; and(ii) by inserting “or against a savings and loan holding company or any subsidiary thereof (other than a depository institution or a subsidiary of such depository institution)” before the period at the end;(C) by striking paragraph (9) of subsection (b) and inserting the following new paragraph:“(9) [Repealed]” .(D) in subsection (e)(7)—(i) in subparagraph (A)—(I) in clause (v), by inserting “and” after the semicolon;(II) in clause (vi)—(aa) by striking “Board” and inserting “Agency”; and(bb) by striking “; and” and inserting a period; and(III) by striking clause (vii); and(ii) in subparagraph (D)—(I) in clause (iii), by inserting “and” after the semicolon;(II) in clause (iv)—(aa) by striking “Board” and inserting “Agency”; and(bb) by striking “; and” and inserting a period; and(III) by striking clause (v);(E) in subsection (j)—124 STAT. 1552(i) in paragraph (2), by striking “, or as a savings association under subsection (b)(9) of this section”;(ii) in paragraph (3), by inserting “or” after the semicolon;(iii) in paragraph (4), by striking “; or” and inserting a comma; and(iv) by striking paragraph (5);(F) in subsection (o), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”; and(G) in subsection (w)(3)(A), by striking “and the Office of Thrift Supervision”;(4) in section 10 (12 U.S.C. 1820)—(A) in subsection (d)(5), by striking “or the Resolution Trust Corporation” each place that term appears; and(B) in subsection (k)(5)(B)—(i) in clause (ii), by inserting “and” after the semicolon;(ii) in clause (iii), by striking “; and” and inserting a period; and(iii) by striking clause (iv);(5) in section 11 (12 U.S.C. 1821)—(A) in subsection (c)—(i) in paragraph (2)(A)(ii), by striking “(other than section 21A of the Federal Home Loan Bank Act)”;(ii) in paragraph (4), by striking “Except as otherwise provided in section 21A of the Federal Home Loan Bank Act and notwithstanding” and inserting “Notwithstanding”;(iii) in paragraph (6)—(I) in the heading, by striking “Director of the office of thrift supervision” and inserting “Comptroller of the currency”;(II) in subparagraph (A)—(aa) by striking “or the Resolution Trust Corporation”; and(bb) by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”; and(III) by amending subparagraph (B) to read as follows:“(B) Receiver.—The Corporation may, at the discretion of the Comptroller of the Currency, be appointed receiver and the Corporation may accept any such appointment.”;(iv) in paragraph (12)(A), by striking “or the Resolution Trust Corporation”;(B) in subsection (d)—(i) in paragraph (17)(A), by striking “or the Director of the Office of Thrift Supervision”; and(ii) in paragraph (18)(B), by striking “or the Director of the Office of Thrift Supervision”;(C) in subsection (m)—(i) in paragraph (9), by striking “or the Director of the Office of Thrift Supervision, as appropriate”;124 STAT. 1553(ii) in paragraph (16), by striking “or the Director of the Office of Thrift Supervision, as appropriate” each place that term appears; and(iii) in paragraph (18), by striking “or the Director of the Office of Thrift Supervision, as appropriate” each place that term appears;(D) in subsection (n)—(i) in paragraph (1)(A)—(I) by striking “, or the Director of the Office of Thrift Supervision, with respect to” and inserting “or”; and(II) by striking “applicable,,” and inserting “applicable,”;(ii) in paragraph (2)(A), by striking “or the Director of the Office of Thrift Supervision”;(iii) in paragraph (4)(D), by striking “and the Director of the Office of Thrift Supervision, as appropriate,”;(iv) in paragraph (4)(G), by striking “and the Director of the Office of Thrift Supervision, as appropriate,”; and(v) in paragraph (12)(B)—(I) by inserting “as” after “shall appoint the Corporation”;(II) by striking “or the Director of the Office of Thrift Supervision, as appropriate,” each place such term appears;(E) in subsection (p)—(i) in paragraph (2)(B), by striking “the Corporation, the FSLIC Resolution Fund, or the Resolution Trust Corporation,” and inserting “or the Corporation,”; and(ii) in paragraph (3)(B), by striking “, the FSLIC Resolution Fund, the Resolution Trust Corporation,”; and(F) in subsection (r), by striking “and the Resolution Trust Corporation”;(6) in section 13(k)(1)(A)(iv) (12 U.S.C. 1823(k)(1)(A)(iv)), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”;(7) in section 18 (12 U.S.C. 1828)—(A) in subsection (c)(2)—(i) in subparagraph (A), by inserting “or a Federal savings association” before the semicolon;(ii) in subparagraph (B), by adding “and” at the end;(iii) in subparagraph (C), by striking “(except” and all that follows through “; and” and inserting “or a State savings association.”; and(iv) by striking subparagraph (D);(B) in subsection (g)(1), by striking “the Director of the Office of Thrift Supervision”and inserting “the Comptroller of the Currency”;(C) in subsection (i)(2)(C), by striking “Director of the Office of Thrift Supervision” and inserting “Corporation”; and(D) in subsection (m)—124 STAT. 1554(i) in paragraph (1)—(I) in subparagraph (A), by striking “and the Director of the Office of Thrift Supervision” and inserting “or the Comptroller of the Currency, as appropriate,”; and(II) in subparagraph (B), by striking “and orders of the Director of the Office of Thrift Supervision” and inserting “of the Comptroller of the Currency and orders of the Corporation and the Comptroller of the Currency”;(ii) in paragraph (2)—(I) in subparagraph (A), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency, as appropriate,”; and(II) in subparagraph (B)—(aa) in the matter before clause (i), by striking “Director of the Office of Thrift Supervision” and inserting “Corporation or the Comptroller of the Currency, as appropriate,”; and(bb) in the matter following clause (ii)—(AA) in the first sentence, by striking “Director of the Office of Thrift Supervision” and inserting “Office of the Comptroller of the Currency, as appropriate,”; and(BB) by striking the second sentence and inserting the following: “The Corporation or the Comptroller of the Currency, as appropriate, may take any other corrective measures with respect to the subsidiary, including the authority to require the subsidiary to terminate the activities or operations posing such risks, as the Corporation or the Comptroller of the Currency, respectively, may deem appropriate.”; and(iii) in paragraph (3)—(I) in subparagraph (A), in the second sentence—(aa) by inserting “, in the case of a Federal savings association,” before “consult with”; and(bb) by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency”; and(II) in subparagraph (B)—(aa) in the subparagraph heading, by striking “Director” and inserting “Comptroller of the currency”;(bb) by striking “Office of Thrift Supervision” and inserting “Comptroller of the Currency”;(cc) by inserting a comma after “soundness”; and(dd) by inserting “as to Federal savings associations” after “compliance”;(8) in section 19(e) (12 U.S.C. 1829(e))—124 STAT. 1555(A) in paragraph (1), by striking “Director of the Office of Thrift Supervision” and inserting “Board of Governors of the Federal Reserve System”; and(B) in paragraph (2), by striking “Director of the Office of Thrift Supervision” and inserting “Board of Governors of the Federal Reserve System”;(9) in section 28 (12 U.S.C. 1831e)—(A) in subsection (e)—(i) in paragraph (2)—(I) in subparagraph (A)(ii), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency or the Corporation, as appropriate”;(II) in subparagraph (C), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency or the Corporation, as appropriate,”; and(III) in subparagraph (F), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency or the Corporation, as appropriate”; and(ii) in paragraph (3)—(I) in subparagraph (A), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency or the Corporation, as appropriate”; and(II) in subparagraph (B), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency or the Corporation, as appropriate,”; and(B) in subsection (h)(2), by striking “Director of the Office of Thrift Supervision” and inserting “Comptroller of the Currency, of the Corporation,”; and(10) in section 33(e) (12 U.S.C. 1831j(e)), by striking “Federal Housing Finance Board, the Comptroller of the Currency, and the Director of the Office of Thrift Supervision” and inserting “Federal Housing Finance Agency and the Comptroller of the Currency”.