1. Repeal of the Office of Financial Research (a) In general Subtitle B of title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5342 ) is hereby repealed. (b) Conforming amendments to the Dodd-Frank Wall Street Reform and Consumer Protection Act The Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5301 et seq.) is amended— (1) in the table of contents in section 1(b), by striking the items relating to subtitle B of title I; (2) in section 102(a)— (A) by striking paragraph (5); and (B) by redesignating paragraphs (6) and (7) as paragraphs (5) and (6), respectively; (3) in section 111— (A) in subsection (b)(2)— (i) by striking subparagraph (A); and (ii) by redesignating subparagraphs (B) through (E) as subparagraphs (A) through (D), respectively; and (B) in subsection (c)(1), by striking subparagraphs (C), (D), and (E) and inserting subparagraphs (B), (C), and (D) ; (4) in section 112— (A) in subsection (a)(2)— (i) in subparagraph (A), by striking direct the Office of Financial Research to ; (ii) by striking subparagraph (B); and (iii) by redesignating subparagraphs (C) through (N) as subparagraphs (B) through (M), respectively; and (B) in subsection (d)— (i) in paragraph (1), by striking the Office of Financial Research, member agencies, and and inserting member agencies and ; (ii) in paragraph (2), by striking the Office of Financial Research, any member agency, and and inserting any member agency and ; (iii) in paragraph (3)— (I) by striking , acting through the Office of Financial Research, each place such term appears; and (II) in subparagraph (B), by striking the Office of Financial Research or ; and (iv) in paragraph (5)(A), by striking , the Office of Financial Research, ; (5) in section 116, by striking , acting through the Office of Financial Research, each place such term appears