Holdover Period for Service on Commodity Futures Trading Commission

A decision was requested as to whether a Commissioner, appointed to serve for a 2-year period on the newly created Commodity Futures Trading Commission, can continue to receive compensation after the expiration of the first session of the 95th Congress. A holdover provision of 7 U.S.C. 41 would apply to commissioners first appointed to serve on the Commission. The Commissioner can be compensated until the expiration of the second session of the 95th Congress or until the appointment and qualification of a successor since the statute covering compensation refers to adjournment of a subsequent session of Congress.