Accountability through Confirmation Act

Bill: 118-s-2628
Sponsor: full_name: Sen. Rounds, Mike [R-SD]
Introduced: 2023-07-27
Policy area: Crime and Law Enforcement
Latest action: action_date: 2023-07-27
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:

tv_txt: II 118th CONGRESS 1st Session S. 2628 IN THE SENATE OF THE UNITED STATES July 27, 2023 Mr. Rounds introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend title 31, United States Code, to require the Director of the Financial Crimes Enforcement Network of the Department of the Treasury 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 annual rate of basic pay for a position at level IV of the Executive Schedule, as provided under section 5315 of title 5. . (c) Transition provision The individual serving as the Director of the Financial Crimes Enforcement Network of the Department of the Treasury on the day before the date of enactment of this Act shall continue to serve in that 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).