§ 2171. Defense Production Act Committee
(a)
Committee established
There is established the Defense Production Act Committee (in this section referred to as the “Committee”), which shall advise the President on the effective use of the authority under this Act [sections
2061 to
2170,
2171, and
2172 of this Appendix] by the departments, agencies, and independent establishments of the Federal Government to which the President has delegated authority under this Act.
(b)
Membership
(c)
Executive Director
(1)
In general
The President shall appoint an Executive Director of the Defense Production Act Committee (in this section referred to as the “Executive Director”), who shall—
(2)
Appointment
The appointment by the President shall not be subject to the advice and consent of the Senate.
(3)
Compensation
For pay periods beginning on or after the date on which each Chairperson is appointed, funds for the pay of the Executive Director shall be paid from appropriations to the salaries and expenses account of the department or agency of the Chairperson of the Committee. The Executive Director shall be compensated at a rate of pay equivalent to that of a Deputy Assistant Secretary (or a comparable position) of the Federal agency of the Chairperson of the Committee.
(d)
Report
Not later than the end of the first quarter of each calendar year, the Committee shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report signed by each member of the Committee that contains—
(1)
a review of the authority under this Act [sections
2061 to
2170,
2171, and
2172 of this Appendix] of each department, agency, or independent establishment of the Federal Government to which the President has delegated authority under this Act;
(2)
recommendations for the effective use of the authority described in paragraph (1) in a manner consistent with the statement of policy under section
2
(b) [section
2062
(b) of this Appendix];
(e)
Federal Advisory Committee Act
The provisions of the Federal Advisory Committee Act (5 U.S.C. App.) shall not apply to the Committee.