Federal Open Market Committee; Domestic Policy Directive of April 30-May 1, 2013, 33841 [2013-13271]

Download as PDF Federal Register / Vol. 78, No. 108 / Wednesday, June 5, 2013 / Notices FEDERAL MARITIME COMMISSION Ocean Transportation Intermediary License Applicants The Commission gives notice that the following applicants have filed an application for an Ocean Transportation Intermediary (OTI) license as a NonVessel-Operating Common Carrier (NVO) and/or Ocean Freight Forwarder (OFF) pursuant to section 19 of the Shipping Act of 1984 (46 U.S.C. 40101). Notice is also given of the filing of applications to amend an existing OTI license or the Qualifying Individual (QI) for a licensee. Interested persons may contact the Office of Ocean Transportation Intermediaries, Federal Maritime Commission, Washington, DC 20573, by telephone at (202) 523–5843 or by email at OTI@fmc.gov. CFR Rinkens, LLC dba Rinkens International dba CFR Line (NVO), 15501 Texaco Avenue, Paramount, CA 90723, Officers: Maximiliaan Hoes, Manager (QI), Michele Blackmore, Vice President, Application Type: Add NVO Service. Javelin Logistics Corporation (NVO & OFF), 7447A Morton Avenue, Newark, CA 94560, Officers: Susan M. Foster, International Services (QI), Malcolm Winspear, President, Application Type: QI Change. Sig Global, Inc. (NVO & OFF), 16012 S. Western Avenue, Suite 300, Gardena, CA 90247, Officers: James J. Oh, President (QI), Chung Kwon Kim, Secretary, Application Type: New NVO & OFF License. Super You Global (NVO & OFF), 391 Curtner Avenue, Suite 1, Palo Alto, CA 94306, Officers: Hu Wang, CEO (QI), Xin You, President, Application Type: New NVO & OFF License. Windstream International Inc. (NVO & OFF), 2001 Santa Anita Avenue, Suite 203A, South El Monte, CA 91733, Officer: Jeff C. Chang, CEO (QI), Application Type: New NVO & OFF License. By the Commission. Dated: May 31, 2013. Rachel E. Dickon, Assistant Secretary. mstockstill on DSK4VPTVN1PROD with NOTICES BILLING CODE 6730–01–P FEDERAL MARITIME COMMISSION Ocean Transportation Intermediary License Revocations The Commission gives notice that the following Ocean Transportation Intermediary licenses have been VerDate Mar<15>2010 16:43 Jun 04, 2013 Jkt 229001 revoked pursuant to section 19 of the Shipping Act of 1984 (46 U.S.C. 40101) effective on the date shown. License No.: 3642F. Name: Honeybee International Forwarding. Address: 2301 S. Tubeway Avenue, Commerce, CA 90040. Date Revoked: May 16, 2013. Reason: Voluntary Surrender of License. License No.: 015890NF. Name: OEC Freight Chicago, Inc. Address: 501 Frontier Way, Bensenville, IL 60106. Date Revoked: May 6, 2013. Reason: Voluntary Surrender of License. License No.: 021796NF. Name: Keith Phillips Transportation, LLC. Address: 124 Garden Gate Drive, Ponte Vedra Beach, FL 32082. Date Revoked: May 15, 2013. Reason: Voluntary Surrender of License. License No.: 021952NF. Name: Streamline Trade Management Inc. dba Teamwork Logistic. Address: 177–25 Rockaway Blvd. Suite 213, Jamaica, NY 11434. Date Revoked: May 9, 2013. Reason: Voluntary Surrender of License. License No.: 023793NF. Name: Interlink Cargo Logistics, LLC. Address: 76 Loy Avenue, Riverdale, NJ 07457. Date Revoked: May 14, 2013. Reason: Voluntary Surrender of License. Consistent with its statutory mandate, the Federal Open Market Committee seeks monetary and financial conditions that will foster maximum employment and price stability. In particular, the Committee seeks conditions in reserve markets consistent with federal funds trading in a range from 0 to 1⁄4 percent. The Committee directs the Desk to undertake open market operations as necessary to maintain such conditions. The Desk is directed to continue purchasing longer-term Treasury securities at a pace of about $45 billion per month and to continue purchasing agency mortgage-backed securities at a pace of about $40 billion per month. The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve’s agency mortgage-backed securities transactions. The Committee directs the Desk to maintain its policy of rolling over maturing Treasury securities into new issues and its policy of reinvesting principal payments on all agency debt and agency mortgage-backed securities in agency mortgage-backed securities. 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. James A. Nussbaumer, Deputy Director, Bureau of Certification and Licensing. BILLING CODE 6210–01–P [FR Doc. 2013–13327 Filed 6–4–13; 8:45 am] By order of the Federal Open Market Committee, May 23, 2013. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2013–13271 Filed 6–4–13; 8:45 am] FEDERAL RESERVE SYSTEM BILLING CODE 6730–01–P Formations of, Acquisitions by, and Mergers of Bank Holding Companies FEDERAL RESERVE SYSTEM 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 Federal Open Market Committee; Domestic Policy Directive of April 30– May 1, 2013 In accordance with Section 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 April 30–May 1, 2013.1 [FR Doc. 2013–13325 Filed 6–4–13; 8:45 am] 33841 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on April 30– May 1, 2013, 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 PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 minutes are published in the Federal Reserve Bulletin and in the Board’s Annual Report. E:\FR\FM\05JNN1.SGM 05JNN1

Agencies

[Federal Register Volume 78, Number 108 (Wednesday, June 5, 2013)]
[Notices]
[Page 33841]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-13271]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of April 
30-May 1, 2013

    In accordance with Section 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 April 30-May 1, 2013.\1\
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    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on April 30-May 1, 2013, 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.
---------------------------------------------------------------------------

    Consistent with its statutory mandate, the Federal Open Market 
Committee seeks monetary and financial conditions that will foster 
maximum employment and price stability. In particular, the Committee 
seeks conditions in reserve markets consistent with federal funds 
trading in a range from 0 to \1/4\ percent. The Committee directs the 
Desk to undertake open market operations as necessary to maintain such 
conditions. The Desk is directed to continue purchasing longer-term 
Treasury securities at a pace of about $45 billion per month and to 
continue purchasing agency mortgage-backed securities at a pace of 
about $40 billion per month. The Committee also directs the Desk to 
engage in dollar roll and coupon swap transactions as necessary to 
facilitate settlement of the Federal Reserve's agency mortgage-backed 
securities transactions. The Committee directs the Desk to maintain its 
policy of rolling over maturing Treasury securities into new issues and 
its policy of reinvesting principal payments on all agency debt and 
agency mortgage-backed securities in agency mortgage-backed securities. 
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, May 23, 2013.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2013-13271 Filed 6-4-13; 8:45 am]
BILLING CODE 6210-01-P
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