Federal Open Market Committee; Domestic Policy Directive of June 27-28, 2007, 41754 [E7-14785]

Download as PDF 41754 Federal Register / Vol. 72, No. 146 / Tuesday, July 31, 2007 / Notices Paperwork Reduction Act The information collection requirements of these GPs were previously approved by the Office of Management and Budget (OMB) under the provisions of the Paperwork Reduction Act, 44 U.S.C. 3501 et seq., and assigned OMB control numbers 2040–0086 (NPDES permit application) and 2040–0004 (discharge monitoring reports). Regulatory Flexibility Act The Regulatory Flexibility Act (RFA), 5 U.S.C. 601 et seq., requires that EPA prepare a regulatory flexibility analysis for rules subject to the requirements of 5 U.S.C. 553(b) that have a significant impact on a substantial number of small entities. However, general NPDES permits are not ‘‘rules’’ subject to the requirements of 5 U.S.C. 553(b), and is therefore not subject to the RFA. must be received not later than August 15, 2007. A. Federal Reserve Bank of St. Louis (Glenda Wilson, Community Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034: 1. The Irrevocable Trust of Doyle W. Rogers, Sr., and Josephine Raye Rogers, with Barbara R. Hoover and Doyle W. Rogers, Jr. as trustees, in concert with Doyle W. Rogers, Sr., all of Batesville, Arkansas; to acquire additional voting shares of Citizens Bancshares of Batesville, Inc., and thereby indirectly acquire additional voting shares of The Citizens Bank, all of Batesville, Arkansas. Board of Governors of the Federal Reserve System, July 26, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–14721 Filed 7–30–07; 8:45 am] Signed this 23rd day of July, 2007. Michael F. Gearheard, Director, Office of Water and Watersheds, Region 10. [FR Doc. E7–14772 Filed 7–30–07; 8:45 am] BILLING CODE 6560–50–P FEDERAL RESERVE SYSTEM rmajette on PROD1PC64 with NOTICES Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments Jkt 211001 BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Section 201 of the Unfunded Mandates Reform Act (UMRA), Public Law 104–4, generally requires Federal agencies to assess the effects of their ‘‘regulatory actions’’ (defined to be the same as ‘‘rules’’ subject to the RFA) on tribal, state, and local governments and the private sector. However, general NPDES permits are not ‘‘rules’’ subject to the requirements of 5 U.S.C. 553(b), and is therefore not subject to the RFA. 15:11 Jul 30, 2007 Board of Governors of the Federal Reserve System, July 26, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–14720 Filed 7–30–07; 8:45 am] BILLING CODE 6210–01–S Unfunded Mandates Reform Act VerDate Aug<31>2005 indicated or the offices of the Board of Governors not later than August 24, 2007. A. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 752012272: 1. Legend Bancorp, Inc., Bowie, Texas, and Legend Financial Corporation, Dover, Delaware; to merge with Bonstate Bancshares, Inc., Bonham, Texas, and Bonham Financial Services, Inc., Dover, Delaware, and thereby indirectly acquire voting shares of Bonham State Bank, Bonham, Texas. FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 Federal Open Market Committee; Domestic Policy Directive of June 2728, 2007 In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on June 27-28, 2007.1 The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long–run objectives, the Committee in the immediate future seeks conditions in reserve markets consistent with maintaining the federal funds rate at an average of around 51⁄4 percent. By order of the Federal Open Market Committee, July 20, 2007. Vincent R. Reinhart, Secretary, Federal Open Market Committee. [FR Doc. E7–14785 Field 7–30–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Sunshine Act Meeting Board of Governors of the Federal Reserve System. AGENCY HOLDING THE MEETING: 1 Copies of the Minutes of the Federal Open Market Committee meeting on June 27-28, 2007, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, DC 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. E:\FR\FM\31JYN1.SGM 31JYN1

Agencies

FEDERAL RESERVE SYSTEM

[Federal Register Volume 72, Number 146 (Tuesday, July 31, 2007)]
[Notices]
[Page 41754]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-14785]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of June 
27-28, 2007

    In accordance with Sec.  271.25 of its rules regarding availability 
of information (12 CFR part 271), there is set forth below the domestic 
policy directive issued by the Federal Open Market Committee at its 
meeting held on June 27-28, 2007.\1\
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    \1\[thinsp]Copies of the Minutes of the Federal Open Market 
Committee meeting on June 27-28, 2007, which includes the domestic 
policy directive issued at the meeting, are available upon request 
to the Board of Governors of the Federal Reserve System, Washington, 
DC 20551. The minutes are published in the Federal Reserve Bulletin 
and in the Board's annual report.
---------------------------------------------------------------------------

    The Federal Open Market Committee seeks monetary and financial 
conditions that will foster price stability and promote sustainable 
growth in output. To further its long-run objectives, the Committee in 
the immediate future seeks conditions in reserve markets consistent 
with maintaining the federal funds rate at an average of around 5\1/4\ 
percent.
    By order of the Federal Open Market Committee, July 20, 2007.

Vincent R. Reinhart,
Secretary, Federal Open Market Committee.
[FR Doc. E7-14785 Field 7-30-07; 8:45 am]
BILLING CODE 6210-01-S

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