; and (E) in subsection (f)(2), as so redesignated, by striking upon the expiration of the 2-year period that begins on the date the Comptroller General submits the report under paragraph (1) to Congress and inserting December 31, 2031 ; and (2) in section 3603— (A) in subsection (b)— (i) by striking paragraphs (1); (ii) by redesignating paragraphs (2) through (7) as paragraphs (1) through (6), respectively; and (iii) in paragraph (1), as so redesignated, by inserting before the period at the end , who shall serve as Chair of the Council ; and (B) in subsection (c)(1), by striking on behalf of the Deputy Director for Management . (c) Chief financial officers council Section 302 of the Chief Financial Officers Act of 1990 ( 31 U.S.C. 901 note; Public Law 101–576 ) is amended— (1) in subsection (a)— (A) by striking paragraph (1); (B) by redesignating paragraphs (2), (3), and (4) as paragraphs (1), (2), and (3), respectively; (C) in paragraph (1), as so redesignated, by inserting , who shall serve as chair of the Council after Management and Budget ; and (D) in paragraph (2), as so redesignated, by inserting , who shall serve as vice chair of the Council after Secretary of Treasury