Resolution Funding Corporation Operations

The Secretary of the Treasury (Secretary) is revising the Treasury Department's regulation governing the operations of the Resolution Funding Corporation (Funding Corporation). The Funding Corporation is a mixed-ownership government corporation under the supervision of the Secretary. The operations regulation currently governs matters such as how the Funding Corporation raises capital, issues and services its debt, and pays its administrative expenses. The revisions in the interim final rule implement recent statutory changes affecting these activities. In addition, the revisions eliminate certain provisions in the operations regulation relating to activities the Funding Corporation no longer performs and streamline the remaining provisions.