Section 4
SEC. 4. The Director of the Mint shall have general control of all matters under the jurisdiction of the Mint and shall be authorized to draft the necessary regulations for carrying out in the most efficient manner the provisions and purposes of this Act, which regulations shall be effective and binding upon their approval by the Secretary of Finance and promulgation in due form. The Director of the Mint shall submit to the Secretary of Finance an annual report on the operations of the Mint and such other reports as said Secretary may request of him.