99-25939. Delegation of Authority to the Under Secretary for Domestic Finance Resolution Funding Corporation Oversight Responsibilities

[Federal Register Volume 64, Number 193 (Wednesday, October 6, 1999)]
[Notices]
[Page 54411]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25939]



[[Page 54411]]

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DEPARTMENT OF THE TREASURY

[Treasury Order Number 103-01]


Delegation of Authority to the Under Secretary for Domestic 
Finance Resolution Funding Corporation Oversight Responsibilities

Dated: September 2, 1999.
    By virtue of the authority vested in the Secretary of the Treasury, 
including the authority vested by 31 U.S.C. 321(b) and section 14(d) of 
Pub. L. No. 105-216, the Homeowners Protection Act of 1998 (the Act), 
it is hereby ordered as follows:
    1. Delegation of Authority. I hereby delegate to the Under 
Secretary (Domestic Finance) the authority of the Secretary of the 
Treasury under section 14(d) of the Act to:
    a. Have general oversight over the Resolution Funding Corporation 
as provided in section 21A(a)(6)(I) of the Federal Home Loan Bank Act 
(12 U.S.C. 144la(a)(6)(I)), except as may be prohibited by statute; and
    b. Exercise the authority and duties of the former Thrift Depositor 
Protection Oversight Board under section 21B of the Federal Home Loan 
Bank Act (12 U.S.C. 1441b), except as may be prohibited by statute.
    2. Redelegation: The authority delegated in this Order may be 
redelegated in writing by the Under Secretary.
    3. Ratification. To the extent that any action heretofore taken 
consistent with this Order may require ratification, it is hereby 
approved and ratified.
    4. Cancellation. Treasury Order 103-01, ``Delegation of Authority 
to the Under Secretary (Domestic Finance) to Serve as the Chairperson 
of the Thrift Depositor Protection Oversight Board,'' dated August 6, 
1996, is superseded.
Lawrence H. Summers,
Secretary of the Treasury.
[FR Doc. 99-25939 Filed 10-5-99; 8:45 am]
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