Library / Laws / 118th / hr / H.R. 4036 / Introduced in House
I
118th CONGRESS
1st Session
H. R. 4036
IN THE HOUSE OF REPRESENTATIVES
June 12, 2023Mr. McHenry (for himself, Mr. Meuser, Mr. Luetkemeyer, Mr. Barr, Ms. De La Cruz, Mr. Lawler, Mrs. Wagner, Mr. Flood, Mr. Williams of Texas, Mr. Donalds, Mrs. Kim of California, Mr. Posey, Mr. Davidson, Mrs. Houchin, and Mr. Hill) introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To amend title 31, United States Code, to require the Director of the Financial Crimes Enforcement Network to be appointed by the President and confirmed by the Senate, and for other purposes.
1.
Short title
This Act may be cited as the Accountability through Confirmation Act.
2.
Director of the Financial Crimes Enforcement Network
(a)
Appointment of Director
Section 310(b)(1) of title 31, United States Code, is amended by striking who shall be appointed by the Secretary of the Treasury and inserting who shall be appointed by the President, by and with the advice and consent of the Senate.
(b)
Pay of Director
Section 310(b)(1) of title 31, United States Code, is amended by adding at the end the following: The Director shall be compensated at the rate provided under level IV of the Executive Schedule under section 5315 of title 5.
(c)
Transition provision
The Director of the Financial Crimes Enforcement Network on the day before the date of enactment of this Act shall continue to serve in such position until the date on which the first Director is confirmed by the Senate pursuant to section 310(b)(1) of title 31, United States Code, as amended by subsection (a).