S.Amdt. 2279

SA 2279. Mr. KENNEDY submitted an amendment intended to be proposed
by him to the bill S. 1582, to provide for the regulation of payment
stablecoins, and for other purposes; which was ordered to lie on the
table; as follows:

At the appropriate place, insert the following:

SEC. _____. RATE OF PAY FOR EMPLOYEES OF THE BUREAU OF
CONSUMER FINANCIAL PROTECTION.

(a) In General.--Section 1013(a)(2) of the Consumer
Financial Protection Act of 2010 (12 U.S.C. 5493(a)(2)) is
amended to read as follows:
``(2) Compensation.--The rates of basic pay for all
employees of the Bureau shall be set and adjusted by the
Director in accordance with the General Schedule set forth in
section 5332 of title 5, United States Code.''.
(b) Effective Date.--The amendment made by subsection (a)
shall take effect on the date that is 90 days after the date
of enactment of this Act.
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