In general

If the Deposit Insurance Fund incurs a material loss with respect to an insured depository institution on or after July 1, 1993 , the inspector general of the appropriate Federal banking agency shall—

(A) make a written report to that agency reviewing the agency’s supervision of the institution (including the agency’s implementation of this section), which shall— (i) ascertain why the institution’s problems resulted in a material loss to the Deposit Insurance Fund; and (ii) make recommendations for preventing any such loss in the future; and

(B) provide a copy of the report to— (i) the Comptroller General of the United States; (ii) the Corporation (if the agency is not the Corporation); (iii) in the case of a State depository institution, the appropriate State banking supervisor; and (iv) upon request by any Member of Congress, to that Member.