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12 U.S.C. § 5614

Title 12 Chapter 53 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 5614. Exercise of Federal Reserve authority

  • (1) No 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) The 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 .

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