Laws: Cases and Codes : U.S. Code : Title 12 : Section 1833e


   
U.S. Code as of: 01/19/04
Section 1833e. Equal opportunity

    (a) In general
      For purposes of this Act, Executive Order Numbered 11478,
    providing for equal employment opportunity in the Federal
    Government, shall apply to - 
        (1) the Comptroller of the Currency;
        (2) the Director of the Office of Thrift Supervision;
        (3) the Federal home loan banks;
        (4) the Federal Deposit Insurance Corporation;
        (5) the Thrift Depositor Protection Oversight Board of the
      Resolution Trust Corporation; and
        (6) the Resolution Trust Corporation.
    (b) Affirmative program for equal employment opportunity
      For purposes of this Act, sections 1 and 2 of Executive Order
    Numbered 11478, providing for the adoption and implementation of
    equal employment opportunity, shall apply to the Federal National
    Mortgage Association and the Federal Home Loan Mortgage
    Corporation.
    (c) Solicitation of contracts
      The Federal Deposit Insurance Corporation, the Comptroller of the
    Currency, the Director of the Office of Thrift Supervision, the
    Federal Housing Finance Board, the Thrift Depositor Protection
    Oversight Board of the Resolution Trust Corporation, and the
    Resolution Trust Corporation shall each prescribe regulations to
    establish and oversee a minority outreach program within each such
    agency to ensure inclusion, to the maximum extent possible, of
    minorities and women, and entities owned by minorities and women,
    including financial institutions, investment banking firms,
    underwriters, accountants, and providers of legal services, in all
    contracts entered into by the agency with such persons or entities,
    public and private, in order to manage the institutions and their
    assets for which the agency is responsible or to perform such other
    functions authorized under any law applicable to such agency.
    (d) Report to Congress
      Before the end of the 180-day period beginning on August 9, 1989
    - 
        (1) the Federal Deposit Insurance Corporation;
        (2) the Comptroller of the Currency;
        (3) the Director of the Office of Thrift Supervision;
        (4) the Federal Housing Finance Board;
        (5) the Thrift Depositor Protection Oversight Board of the
      Resolution Trust Corporation;
        (6) the Resolution Trust Corporation;
        (7) the Federal Home Loan Mortgage Corporation; and
        (8) the Federal National Mortgage Association,

    shall each submit to the Congress a report containing a complete
    description of the actions taken by such agency pursuant to
    subsections (a) and (b) of this section and such recommendations
    for administrative and legislative action as each such agency may
    determine to be appropriate to carry out the purposes of such
    subsection.



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