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US Code · Through Public Law 119-103 (09/02/2026) · Newer source version available

12 U.S.C. § 5614: Exercise of Federal Reserve authority

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Where this section sits in the code
  1. Title 12—BANKS AND BANKING
  2. CHAPTER 53—WALL STREET REFORM AND CONSUMER PROTECTION

(1) No decisions by Federal reserve bank presidentsNo provision of subchapter I relating to the authority of the Board of Governors shall be construed as conferring any decision-making authority on presidents of Federal reserve banks. (2) Voting decisions by BoardThe Board of Governors shall not delegate the authority to make any voting decision that the Board of Governors is authorized or required to make under subchapter I of this chapter in contravention of section 248(k) of this title.

Collected 2026-09-10T05:56:24Z. Source file · JSON

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