12 U.S.C. § 5201 - Purposes

Cite as:12 U.S.C. § 5201
Currency:Current through P.L. 116-135 (03/26/2020)

The purposes of this chapter are-

(1) to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States; and

(2) to ensure that such authority and such facilities are used in a manner that-

(A) protects home values, college funds, retirement accounts, and life savings;

(B) preserves homeownership and promotes jobs and economic growth;

(C) maximizes overall returns to the taxpayers of the United States; and

(D) provides public accountability for the exercise of such authority.

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