,i  #aagth ,,congress  #ast ,session    
,h4 ,r4 #fcbh  ,,in ,,the ,,house ,,of  
,,representatives  ,december #bj1       
#bjba,mr4 ,cleaver introduced the       
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to require the ,secretary of
 the ,treasury to conduct a briefing    
with respect to the delegation of       
examination authority under the ,bank   
,secrecy ,act by the ,secretary of the  
,treasury4  #a4 ,short title ,this ,act 
may be cited as the ,fin,c,e,n ,exam    
,delegation ,study4  #b4 ,briefing on   
delegation of examination authority     
under the ,bank ,secrecy ,act  7a7 ,in  
general ,not later than one year after  
the date of the enactment of this ,act1 
the ,secretary of the ,treasury shall1  
after consultation with ,state bank     
supervisors1 ,federal financial         
regulators1 and other relevant          
stakeholders1 conduct a briefing for the
 ,committee on ,financial ,services of  
the ,house of ,representatives and the  

,committee on ,banking1 ,housing1 and   
,urban ,affairs of the ,senate with     
respect to the delegation of examination
 authority under the ,bank ,secrecy ,act
 by the ,secretary of the ,treasury4    
7b7 ,contents ,the briefing conducted by
 the ,secretary of the ,treasury        
pursuant to subsection 7a7 shall        
address-- 7#a7 the current status of the
 delegation of examination authority    
under the ,bank ,secrecy ,act by the    
,secretary of the ,treasury1 including  
with respect to the mission of the ,bank
 ,secrecy ,act2  7#b7 how frequently1 on
 average1 agencies delegated exam       
authority under the ,bank ,secrecy ,act 
by the ,secretary are able to examine   
entities for which they have delegated  
authorities2  7#c7 whether agencies     
delegated examination authority under   
the ,bank ,secrecy ,act by the          
,secretary of the ,treasury have        
appropriate resources to perform such   
delegated responsibilities2 and  7#d7   
whether the examiners within agencies   

delegated examination authority under   
the ,bank ,secrecy ,act by the          
,secretary of the ,treasury have        
sufficient training and support to      
perform delegated responsibilities4  7c7
 ,definitions ,in this section3 7#a7    
,bank ,secrecy ,act ,the term ,bank     
,secrecy ,act means-- 7,a7 section #ba  
of the ,federal ,deposit ,insurance ,act
 7#ab ,u4,s4,c4 #ahbi;b72  7,b7 section 
#abc of ,public ,law #ia-ejh2 and  7,c7 
subchapter ,,ii of chapter #ec of title 
#ca1 ,united ,states ,code4  7#b7       
,federal financial regulators ,the term 
,federal financial regulators means the 
,board of ,governors of the ,federal    
,reserve ,system1 the ,federal ,deposit 
,insurance ,corporation1 the ,national  
,credit ,union ,administration ,board1  
the ,comptroller of the ,currency1 the  
,commodity ,futures ,trading            
,commission1 the ,securities and        
,exchange ,commission1 and the          
,commissioner of the ,internal ,revenue 
,service4  7#c7 ,state bank supervisors 

,the term ,state bank supervisors has   
the meaning given the term in section #c
 of the ,federal ,deposit ,insurance    
,act 7#ab ,u4,s4,c4 #ahac74