Federal Open Market Committee; Domestic Policy Directive of August 11 and 12, 2009, 46995 [E9-22013]

Download as PDF Federal Register / Vol. 74, No. 176 / Monday, September 14, 2009 / Notices North Pearl Street, Dallas, Texas 75201– 2272: 1. Robert B. Dunkin, Sr., Harlingen, Texas; Gilbert Garza, San Benito, Texas; and Fred L. Cole, Jr., Harlingen, Texas, as Trustees of a Voting Trust Agreement (‘‘Agreement’’) with respect to First San Benito Bancshares Corporation (the ‘‘Company’’), San Benito, Texas, along with the shareholders that are parties to the Agreement: James S. Benson; Fred and Martha Cole, Jr.; Elizabeth Ann Cole, all of Harlingen, Texas; Charles A. Cox, Tampico, Tamaulipas, Mexico; Wendell J. Cox, Rockwall, Texas; Betty Joyce DeCarriere, San Benito, Texas; Annette Dillard; Lee Roy Dillard Jr., both of Georgetown, Texas; Robert B. Dunkin, Sr., Harlingen, Texas; Robert B. Dunkin, II, West Palm Beach, Florida; Charles O. Eubanks, Harlingen, Texas; Gilbert Garza, San Benito, Texas; Sue Ann Holloman, Harlingen, Texas; Estate of Warren Jackson; Angelia G. Leal, both of San Benito, Texas; Tracey M. Longshore, Friendswood, Texas; Elisa or Joe E. Lopez, Harlingen, Texas; Joaquin L. Lopez, McAllen, Texas; F.L. or Concepcion Lopez, Jr.; Carlos Muniz, both of Harlingen, Texas; Janet Miles Murphy, Birmingham, Alabama; John F. and Ann K. Phillips, Jr., Harlingen, Texas; Beto and Carmen Ramirez, San Benito, Texas; Phyllis M. Robinson, Burlington, Iowa; Beatriz Rodriguez, San Benito, Texas; Harry Shimotsu, La Feria, Texas; Kenneth Shimotsu; Robert L. Tumberlinson, both of San Benito, Texas; Thomas C. Washmon, Austin, Texas; Lucy Ann Wolthoff, Harlingen, Texas; and Joe C. Weaver, Dallas, Texas; to acquire voting shares of the Company, and thereby indirectly acquire voting shares of First Community Bank, National Association, San Benito, Texas. Board of Governors of the Federal Reserve System, September 9, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–22016 Filed 9–11–09; 8:45 am] BILLING CODE 6210–01–S cprice-sewell on DSK2BSOYB1PROD with NOTICES FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of August 11 and 12, 2009 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 VerDate Nov<24>2008 15:23 Sep 11, 2009 Jkt 217001 Market Committee at its meeting held on August 11 and 12, 2009.1 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 seeks conditions in reserve markets consistent with federal funds trading in a range of 0 to 1⁄4 percent. The Committee directs the Desk to purchase agency debt, agency MBS, and longer– term Treasury securities during the intermeeting period with the aim of providing support to private credit markets and economic activity. The timing and pace of these purchases should depend on conditions in the markets for such securities and on a broader assessment of private credit market conditions. The Desk is expected to purchase up to $200 billion in housing–related agency debt and up to $1.25 trillion of agency MBS by the end of the year. The Desk is expected to purchase about $300 billion of longer– term Treasury securities by the end of October, gradually slowing the pace of these purchases until they are completed. The Committee anticipates that outright purchaes of securities will cause the size of the Federal Reserve’s balance sheet to expand significanly in coming months. The System Open Market Account Manager and the Secretary will keep the Committee informed of ongoing developments regarding the System’s balance sheet that could affect the attainment over time of the Committee’s objectives of maximum employment and price stability. By order of the Federal Open Market Committee, September 8, 2009. Brian F. Madigan, Secretary, Federal Open Market Committee. [FR Doc. E9–22013 Filed 9–11–09; 8:45 am] BILLING CODE 6210–01–S FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act Meeting Notice TIME AND DATE: 9:30 a.m. (Eastern Time). September 24, 2009. PLACE: 4th Floor Conference Room, 1250 H Street, NW., Washington, DC 20005. 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on August 11 and 12, 2009, 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 00029 Fmt 4703 Sfmt 4703 46995 STATUS: Parts will be open to the public and parts closed to the public. Matters To Be Considered Parts Open to the Public 1. Approval of the minutes of the August 17, 2009 Board member meeting. 2. Thrift Savings Plan activity report by the Executive Director. a. Monthly Participant Activity Report. b. Monthly Investment Performance Report. c. Legislative Report. 3. Annual Budget Report. a. Fiscal Year 2009 Results. b. Fiscal Year 2010 Budget. c. Fiscal Year 2011 Estimate. Parts Closed to the Public 4. Proprietary Information. CONTACT PERSON FOR MORE INFORMATION: Thomas J. Trabucco, Director, Office of External Affairs, (202) 942–1640. Dated: September 10, 2009. Thomas K. Emswiler, Secretary, Federal Retirement Thrift Investment Board. [FR Doc. E9–22191 Filed 9–10–09; 4:15 pm] BILLING CODE 6760–01–P FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on the agreements to the Secretary, Federal Maritime Commission, Washington, DC 20573, within ten days of the date this notice appears in the Federal Register. Copies of the agreements are available through the Commission’s Web site (https:// www.fmc.gov) or by contacting the Office of Agreements at (202) 523–5793 or tradeanalysis@fmc.gov. Agreement No.: 012079. Title: CMA CGM AG/CSAV Gulf Bridge Express Space Charter Agreement. Parties: CMA CGM Antilles Guyane and Compania Sud Americana de Vapores S.A. Filing Party: Mark E. Newcomb, Esquire, CMA CGM (America) LLC, 5701 Lake Wright Drive, Norfolk, VA 23502–1868. Synopsis: The agreement authorizes CMA to charter space to CSAV in the trade between U.S. Gulf ports and ports in Mexico, Jamaica, Colombia, and Venezuela. Agreement No.: 012080. E:\FR\FM\14SEN1.SGM 14SEN1

Agencies

[Federal Register Volume 74, Number 176 (Monday, September 14, 2009)]
[Notices]
[Page 46995]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-22013]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
August 11 and 12, 2009

    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 11 and 12, 2009.\1\
---------------------------------------------------------------------------

    \1\[thinsp]Copies of the Minutes of the Federal Open Market 
Committee at its meeting held on August 11 and 12, 2009, 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.
---------------------------------------------------------------------------

    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 
seeks conditions in reserve markets consistent with federal funds 
trading in a range of 0 to \1/4\ percent. The Committee directs the 
Desk to purchase agency debt, agency MBS, and longer-term Treasury 
securities during the intermeeting period with the aim of providing 
support to private credit markets and economic activity. The timing and 
pace of these purchases should depend on conditions in the markets for 
such securities and on a broader assessment of private credit market 
conditions. The Desk is expected to purchase up to $200 billion in 
housing-related agency debt and up to $1.25 trillion of agency MBS by 
the end of the year. The Desk is expected to purchase about $300 
billion of longer-term Treasury securities by the end of October, 
gradually slowing the pace of these purchases until they are completed. 
The Committee anticipates that outright purchaes of securities will 
cause the size of the Federal Reserve's balance sheet to expand 
significanly in coming months. The System Open Market Account Manager 
and the Secretary will keep the Committee informed of ongoing 
developments regarding the System's balance sheet that could affect the 
attainment over time of the Committee's objectives of maximum 
employment and price stability.
    By order of the Federal Open Market Committee, September 8, 2009.

Brian F. Madigan,
Secretary, Federal Open Market Committee.
[FR Doc. E9-22013 Filed 9-11-09; 8:45 am]
BILLING CODE 6210-01-S
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