The
Board of Directors of the Farm Credit System Insurance
Corporation as established by section 5.53 of the
Farm Credit Act of 1971 (
12 U.S.C. 2277a–2) (as it existed before the amendments made by subsection (a) of this section) shall continue in existence and continue to manage the Farm Credit System Insurance
Corporation until at least two members are appointed by the President, by and with the advice and consent of the
Senate, to the new Board established by section 5.53 of such Act (as amended by subsection (a) of this section).”