Federal Open Market Committee; Domestic Policy Directive of August 7, 2007, 51444 [E7-17706]

Download as PDF 51444 Federal Register / Vol. 72, No. 173 / Friday, September 7, 2007 / Notices FOR FURTHER INFORMATION CONTACT: Shelia Willis, Paralegal Specialist, Office of General Counsel, at 202–408– 2876 or williss@fhfb.gov. Dated: September 5, 2007. By the Federal Housing Finance Board. Neil R. Crowley, Acting General Counsel. [FR Doc. 07–4417 Filed 9–5–07; 3:46 pm] BILLING CODE 6725–01–P FEDERAL RESERVE SYSTEM mstockstill on PROD1PC66 with NOTICES 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 indicated or the offices of the Board of Governors not later than October 4, 2007. A. Federal Reserve Bank of Atlanta (David Tatum, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. First Guaranty Bancshares, Inc., Hammond, Louisiana; to acquire 100 percent of the voting shares of Douglass National Bank, Kansas City, Missouri. 2. Security Bank Corporation, Macon, Georgia; to acquire 100 percent of the VerDate Aug<31>2005 18:34 Sep 06, 2007 Jkt 211001 voting shares of Security Bank of the Coast, Brunswick, Georgia (in organization). B. Federal Reserve Bank of Chicago (Burl Thornton, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. Partnership Community Bancshares, Inc., Tomah, Wisconsin; to acquire 51 percent of the voting shares of Lebanon Community Bancshares, Inc., Watertown, Wisconsin, and thereby indirectly acquire Town and Country Bank, Watertown, Wisconsin. C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 752012272: 1. F C Holding, Inc., Houston, Texas, and F C Holdings of Delaware, Inc., Wilmington, Delaware; to merge with First Crockett Bancshares, Inc., Crockett, Texas, and indirectly acquire Crockett Delaware Bancshares, Inc., New Castle, Delaware, and First National Bank of Crockett, Crockett, Texas. Board of Governors of the Federal Reserve System, September 4, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–17675 Filed 9–6–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of August 7, 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 August 7, 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. 1 Copies of the Minutes of the Federal Open Market Committee meeting on August 7, 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, D.C. 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 By order of the Federal Open Market Committee, August 30, 2007. Brian F. Madigan, Secretary, Federal Open Market Committee. [FR Doc. E7–17706 Field 9–6–07; 8:45 am] BILLING CODE 6210–01–S FEDERAL TRADE COMMISSION SES Performance Review Board AGENCY: ACTION: Federal Trade Commission. Notice SUMMARY: Notice is hereby given of the appointment of members to the FTC Performance Review Board FOR FURTHER INFORMATION CONTACT: Karen Leydon, Director of Human Resources, 600 Pennsylvania Avenue NW, Washington, DC 20580, (202) 3262633. SUPPLEMENTARY INFORMATION: Publication of the Performance Review Board (PRB) membership is required by 5 U.S.C. 4314 (c)(4). The PRB reviews and evaluates the initial appraisal of a senior executive’s performance by the supervisor, and makes recommendations regarding performance ratings, performance awards, and pay-for-performance pay adjustments to the Chairman. The following individuals have been designated to serve on the Commission’s Performance Review Board: Charles H. Schneider, Executive Director, Chairman Brian Huseman, Chief of Staff Jeffrey Schmidt, Director, Bureau of Competition Lydia B. Parnes, Director, Bureau of Consumer Protection Michael Baye, Director, Bureau of Economics William Blumenthal, General Counsel By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. E7–17708 Filed 9–6–07; 8:45 am] BILLING CODE 6750–01–S E:\FR\FM\07SEN1.SGM 07SEN1

Agencies

[Federal Register Volume 72, Number 173 (Friday, September 7, 2007)]
[Notices]
[Page 51444]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-17706]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
August 7, 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 August 7, 2007.\1\
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    \1\ Copies of the Minutes of the Federal Open Market Committee 
meeting on August 7, 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, D.C. 
20551. The minutes are published in the Federal Reserve Bulletin and 
in the Board's annual report.
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    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, August 30, 2007.

Brian F. Madigan,
Secretary, Federal Open Market Committee.
[FR Doc. E7-17706 Field 9-6-07; 8:45 am]
BILLING CODE 6210-01-S
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