,,ii  #aagth ,,congress  #b;d ,session  
,s4 #cedj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,february #a1  
#bjbb,mr4 ,scott of ,south ,carolina    
7for himself1 ,mr4 ,cruz1 ,mr4 ,toomey1 
,ms4 ,lummis1 ,mr4 ,hagerty1 ,mr4       
,crapo1 ,mr4 ,tillis1 ,mr4 ,cramer1 ,mr4
 ,moran1 ,mr4 ,daines1 ,mr4 ,shelby1 and
 ,mr4 ,kennedy7 introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,banking1         
,housing1 and ,urban ,affairs  ,a ,,bill
  ,to amend the ,federal ,deposit       
,insurance ,act to remove the           
,comptroller of the ,currency and the   
,director of the ,bureau of ,consumer   
,financial ,protection from the ,board  
of ,directors of the ,federal ,deposit  
,insurance ,corporation1 and for other  
purposes4  #a4 ,management of ,board of 
,directors of ,,fdic ,section #b of the 
,federal ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahab7 is amended-- 7#a7 in   
subsection 7a71 by striking paragraph   
7#a7 and inserting the following3  7#a7 

,in general ,the management of the      
,corporation shall be vested in a ,board
 of ,directors consisting of #e members 
who shall be appointed by the           
,president1 by and with the advice and  
consent of the ,senate1 from among      
individuals who are citizens of the     
,united ,states1 #a of whom shall have  
,state bank supervisory experience4  2  
7#b7 in subsection 7c7-- 7,a7 by        
striking paragraph 7#c7 and inserting   
the following3  7#c7 ,continuation of   
service ,the ,chairperson1 ,vice        
,chairperson1 and each appointed member 
may continue to serve after the         
expiration of the term of office to     
which such member was appointed until   
the earlier of-- 7,a7 the date on which 
a successor has been appointed and      
qualified2 or  7,b7 the date on which   
the next session of ,congress subsequent
 to the expiration of such term expires4
  2 and  7,b7 by adding at the end the  
following3  7#d7 ,limitation ,no        
appointed member shall serve more than  

#ab years-- 7,a7 including any service  
described in paragraph 7#b72 and  7,b7  
not including any service described in  
paragraph 7#c74  2  7#c7 by striking    
subsection 7d7 and inserting the        
following3  7d7 ,vacancy ,any vacancy on
 the ,board of ,directors shall be      
filled in the manner in which the       
original appointment was made4  2  7#d7 
in subsection 7e77#b7-- 7,a7 in         
subparagraph 7,a71 by striking or at the
 end2  7,b7 in subparagraph 7,b71 by    
striking the period at the end and      
inserting 2 or2 and  7,c7 by adding at  
the end the following3  7,c7 be the     
,director or any other officer of the   
,bureau of ,consumer ,financial         
,protection2 or  7,d7 be the            
,comptroller of the ,currency or any    
other officer of the ,office of the     
,comptroller of the ,currency4  2 and   
7#e7 in subsection 7f7-- 7,a7 by        
striking paragraph 7#b72 and  7,b7 by   
redesignating paragraph 7#c7 as         
paragraph 7#b74