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Title 22, Foreign Relations and IntercourseRelease 119-110

§262t Personnel Practices

Title 22 › CHAPTER 7 — INTERNATIONAL BUREAUS, CONGRESSES, ETC. › § 262t

Last updated Sep 22, 2026|Official source

Summary

Decisions about putting someone in a job or taking them out at international financial institutions must not be based on their political beliefs or what political activities they do. The Secretary of the Treasury must talk with the Chairman and the ranking minority member of the House Committee on Banking, Finance and Urban Affairs and with the Senate Committee on Foreign Relations before any U.S. official discusses or recommends placing or removing any principal officer at an international financial institution.

Full Legal Text

Title 22, §262t

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(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.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Change of Name

Committee on Banking, Finance and Urban Affairs of House of Representatives treated as referring to Committee on Banking and Financial Services of House of Representatives by section 1(a) of Pub. L. 104–14, set out as a note preceding section 21 of Title 2, The Congress. Committee on Banking and Financial Services of House of Representatives abolished and replaced by Committee on Financial Services of House of Representatives, and jurisdiction over matters relating to securities and exchanges and insurance generally transferred from Committee on Energy and Commerce of House of Representatives by House Resolution No. 5, One Hundred Seventh Congress, Jan. 3, 2001. Definitions The definitions in section 262r of this title apply to this section.

Reference

Citations & Metadata

Citation

22 U.S.C. § 262t

Title 22, Foreign Relations and Intercourse

Last Updated

Sep 22, 2026

Release point: 119-110