Sec. 13501. FINANCIAL SAFETY AND SOUNDNESS OF GOVERNMENT-SPONSORED ENTERPRISES
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## SEC. 13501 FINANCIAL SAFETY AND SOUNDNESS OF GOVERNMENT-SPONSORED ENTERPRISES ###
(a)Definition For purposes of this section, the terms “**Government-sponsored enterprise**” and “GSE” mean the Farm Credit System (including the Farm Credit Banks, Banks for Cooperatives, and Federal Agricultural Mortgage Corporation), the Federal Home Loan Bank System, the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, and the Student Loan Marketing Association. * * * * * * * ###
(d)Access to Relevant Information ####
(1)For the studies required by this section, each GSE shall provide full and prompt access to the Secretary of the Treasury and the Director of the Congressional Budget Office to its books and records and other information requested by the Secretary of the Treasury or the Director of the Congressional Budget Office. ####
(2)In preparing the studies required by this section, the Secretary of the Treasury and the Director of the Congressional Budget Office may request information from, or the assistance of, any Federal department or agency authorized by law to supervise the activities of a GSE. ###
(e)Confidentiality of Relevant Information ####
(1)The Secretary of the Treasury and the Director of the Congressional Budget Office shall determine and maintain the confidentiality of any book, record, or information made available by a GSE under this section in a manner consistent with the level of confidentiality established for the material by the GSE involved. ####
(2)The Department of the Treasury shall be exempt from section 552 of title 5, United States Code, for any book, record, or information made available under subsection
(d)and determined by the Secretary of the Treasury to be confidential under this subsection. ####
(3)Any officer or employee of the Department of the Treasury shall be subject to the penalties set forth in section 1906 of title 18, United States Code, if— #####
(A)by virtue of his or her employment or official position, he or she has possession of or access to any book, record, or information made available under and determined to be confidential under this section; and #####
(B)he or she discloses the material in any manner other than— ######
(i)to an officer or employee of the Department of the Treasury; or ######
(ii)pursuant to the exception set forth in such section 1906. ####
(4)The Congressional Budget Office shall be exempt from section 203 of the Congressional Budget Act of 1974 with respect to any book, record, or information made available under this subsection and determined by the Director to be confidential under paragraph (1). ###
(f)President's Budget The President's annual budget submission shall include an analysis of the financial condition of the GSEs and the financial exposure of the Government, if any, posed by GSEs. * * * * * * *