,,ii  #aaith ,,congress  #ast ,session  
,s4 #aiij  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #i1      
#bjbe,mr4 ,banks 7for himself and ,ms4  
,cortez ,masto7 introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,banking1         
,housing1 and ,urban ,affairs  ,a ,,bill
  ,to permit the ,director of the       
,federal ,housing ,finance ,agency to   
set compensation for executive officers 
of ,federal ,home ,loan ,banks1 and for 
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,curtailing    
,unreasonable ,remuneration at ,banks   
,act or the ,,curb ,act4  #b4           
,compensation for executive officers of 
,federal ,home ,loan ,banks ,section #g 
of the ,federal ,home ,loan ,bank ,act  
7#ab ,u4,s4,c4 #adbg7 is amended-- 7#a7 
in the first subsection 7l7 7relating to
 withholding of compensation7-- 7,a7 in 
the subsection heading1 by striking     
,withholding of compensation and        
inserting ,compensation of executive    

officers2  7,b7 by striking             
,notwithstanding and inserting the      
following3  7#a7 ,withholding of        
compensation ,notwithstanding  2 and    
7,c7 by adding at the end the following3
  7#a7 ,setting compensation            
,notwithstanding section #acah7;d7 of   
the ,federal ,housing ,enterprises      
,financial ,safety and ,soundness ,act  
of #aiib 7#ab ,u4,s4,c4 #deah7;d771 the 
,director may establish compensation for
 any executive officer of a ,federal    
,home ,loan ,bank that is reasonable and
 comparable in accordance with          
regulations promulgated by the          
,director4  2 and  7#b7 by striking the 
second subsection 7l7 7relating to the  
transition rule74