; (2) be submitted at or about the time of the budget submission by the President under section 1105(a) of title 31; and (3) be maintained in an indexed form and made available for public review for a period of not less than 5 years beginning on the date of submission and justification. 48. Lender Oversight Committee (a) Establishment There is established within the Administration the Lender Oversight Committee (in this section referred to as the Committee ). (b) Membership The Committee shall consist of 11 members selected by the Administrator, of which— (1) 3 members shall be voting members, 2 of whom shall be career appointees in the Senior Executive Service (as defined in section 3132 of title 5, United States Code); and (2) 8 members shall be nonvoting members who shall serve in an advisory capacity on the Committee. (c) Duties The Committee shall— (1) review reports on lender oversight activities; (2) review formal enforcement action recommendations of the Director of the Office of Credit Risk Management with respect to any lender making loans under section 7(a) and any participant in a lending program of the Office of Capital Access of the Administration; (3) in carrying out paragraph (2) with respect to formal enforcement actions taken under subsection (d) or (e) of section 23, vote to recommend or not recommend action to the Administrator or a designee of the Administrator; (4) in carrying out paragraph (2) with respect to any formal enforcement action not specified under subsection (d) or (e) of section 23, vote to approve, disapprove, or modify the action; (5) review, in an advisory capacity, any lender oversight, portfolio risk management, or program integrity matters brought by the Director