Page 592

124 STAT. 1966 PUBLIC LAW 111–203—JULY 21, 2010

(B) appoint, direct, or remove any officer or employee
of the Bureau; or
(C) merge or consolidate the Bureau, or any of the
functions or responsibilities of the Bureau, with any divi-
sion or office of the Board of Governors or the Federal
reserve banks.
(3) RULES AND ORDERS.—No rule or order of the Bureau
shall be subject to approval or review by the Board of Gov-
ernors. The Board of Governors may not delay or prevent
the issuance of any rule or order of the Bureau.
(4) RECOMMENDATIONS AND TESTIMONY.—No officer or
agency of the United States shall have any authority to require
the Director or any other officer of the Bureau to submit legisla-
tive recommendations, or testimony or comments on legislation,
to any officer or agency of the United States for approval,
comments, or review prior to the submission of such rec-
ommendations, testimony, or comments to the Congress, if such
recommendations, testimony, or comments to the Congress
include a statement indicating that the views expressed therein
are those of the Director or such officer, and do not necessarily
reflect the views of the Board of Governors or the President.
(5) CLARIFICATION OF AUTONOMY OF THE BUREAU IN LEGAL
PROCEEDINGS.—The Bureau shall not be liable under any provi-
sion of law for any action or inaction of the Board of Governors,
and the Board of Governors shall not be liable under any
provision of law for any action or inaction of the Bureau.

12 USC 5493. SEC. 1013. ADMINISTRATION.
(a) PERSONNEL.—
(1) APPOINTMENT.—
(A) IN GENERAL.—The Director may fix the number
of, and appoint and direct, all employees of the Bureau,
in accordance with the applicable provisions of title 5,
United States Code.
(B) EMPLOYEES OF THE BUREAU.—The Director is
authorized to employ attorneys, compliance examiners,
compliance supervision analysts, economists, statisticians,
and other employees as may be deemed necessary to con-
duct the business of the Bureau. Unless otherwise provided
expressly by law, any individual appointed under this sec-
tion shall be an employee as defined in section 2105 of
title 5, United States Code, and subject to the provisions
of such title and other laws generally applicable to the
employees of an Executive agency.
(C) WAIVER AUTHORITY.—
(i) IN GENERAL.—In making any appointment
under subparagraph (A), the Director may waive the
requirements of chapter 33 of title 5, United States
Code, and the regulations implementing such chapter,
to the extent necessary to appoint employees on terms
and conditions that are consistent with those set forth
in section 11(1) of the Federal Reserve Act (12 U.S.C.
248(1)), while providing for—

LAWS (I) fair, credible, and transparent methods of establishing qualification requirements for, recruit- ment for, and appointments to positions;PUBLIC with on anorris VerDate Nov 24 2008 03:41 Aug 28, 2010 Jkt 089139 PO 00203 Frm 00592 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 GPO1 PsN: PUBL203