15 U.S.C. § 1693p : US Code - Section 1693P: Reports to Congress

Search 15 U.S.C. § 1693p : US Code - Section 1693P: Reports to Congress

(a) Not later than twelve months after the effective date of this
subchapter and at one-year intervals thereafter, the Board shall
make reports to the Congress concerning the administration of its
functions under this subchapter, including such recommendations as
the Board deems necessary and appropriate. In addition, each report
of the Board shall include its assessment of the extent to which
compliance with this subchapter is being achieved, and a summary of
the enforcement actions taken under section 1693o of this title. In
such report, the Board shall particularly address the effects of
this subchapter on the costs and benefits to financial institutions
and consumers, on competition, on the introduction of new
technology, on the operations of financial institutions, and on the
adequacy of consumer protection.
(b) In the exercise of its functions under this subchapter, the
Board may obtain upon request the views of any other Federal agency
which, in the judgment of the Board, exercises regulatory or
supervisory functions with respect to any class of persons subject
to this subchapter.