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22 U.S.C. § 262tPersonnel practices

submitted 37 years ago by Pub. L. 95-118 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 114 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law bars U.S. officials from basing decisions about hiring or firing international financial institution staff on political philosophy or activity. Treasury must consult two congressional committees before recommending changes to any institution's senior officer.

(a) Statement of policy It is U.S. policy that no initiative, discussion, or recommendation about placing or removing any staff member of an international financial institution should be based on that person's political philosophy or activity. (b) Consultation The Treasury Secretary must consult with the chairman and ranking minority member of the House Banking, Finance and Urban Affairs Committee and the Senate Foreign Relations Committee before any U.S. official discusses or recommends placing or removing any principal officer of an international financial institution.
the actual law source: uscode.house.gov ↗public domain
(a) Statement of policy

It shall be the policy of the United States that no initiatives, discussions, or recommendations concerning the placement or removal of any personnel employed by the international financial institutions shall be based on the political philosophy or activity of the individual under consideration.

(b) Consultation

The Secretary of the Treasury shall consult with the Chairman and the ranking minority member of the Committee on Banking, Finance and Urban Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate before any discussion or recommendations by any official of the United States Government concerning the placement or removal of any principal officer of any international financial institutions.

Source credit: (Pub. L. 95–118, title XIX, § 1901, as added Pub. L. 101–240, title V, § 541(a), Dec. 19, 1989, 103 Stat. 2517.)

history & why it existsrecord from the source credit
  • 1989Enacted · Pub. L. 95-118 · 103 Stat. 2517

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-118 on 1989-12-19.

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