118 S2628 IS: Accountability through Confirmation Act U.S. Senate 2023-07-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II118th CONGRESS1st SessionS. 2628IN THE SENATE OF THE UNITED STATESJuly 27, 2023Mr. Rounds introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban AffairsA BILLTo 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).