Section 1 Short title
This Act may be cited as the “Accountability through Confirmation Act”.
Accountability through Confirmation Act
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.
Sec. 2 Director of the Financial Crimes Enforcement Network
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”.
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.”.
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).