Federal Banking Agency Consolidation Act of 1992

[AI summary unavailable — showing source text] Federal Banking Agency Consolidation Act of 1992 - Title I: Office of Federal Depository Regulation - Subtitle A: General Provisions - Establishes the Office of Federal Depository Regulation as a bureau within the Department of the Treasury, headed by a Director appointed by the President and two Deputy Directors appointed by the Secretary of the Treasury (the Secretary). Grants the Director authority to act without any prior review or approval by the Secretary. Prohibits the Secretary from intervening in any matter or proceeding before the Director. Grants the Director authority to: (1) appoint personnel; (2) impose and collect assessments, fees, and other charges; and (3) prescribe regulations and issue orders. Subtitle B: Examination Provision - Mandates that an examination system which imposes no larger burdens on State savings associations than are imposed on State nonmember banks be established as a Federal banking regulatory goal. Requires specified Federal banking regulatory agencies to report to the Congress on actions taken to reduce the cost burden on State savings associations which results from their oversight by two Federal agencies. Title II: Interim Provisions; Tran…