Federal Open Market Committee; Domestic Policy Directive of July 30-31, 2013, 54466 [2013-21463]

Download as PDF 54466 Federal Register / Vol. 78, No. 171 / Wednesday, September 4, 2013 / Notices accommodate all requests, the ASC may refuse attendance on that reasonable basis. The use of any video or audio tape recording device, photographing device, or any other electronic or mechanical device designed for similar purposes is prohibited at ASC meetings. Dated: August 29, 2013. James R. Park, Executive Director. [FR Doc. 2013–21454 Filed 9–3–13; 8:45 am] BILLING CODE 6700–01–P FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL [Docket No. AS13–21] Appraisal Subcommittee of the Federal Financial Institutions Examination Council; Notice of Meeting In accordance with Section 1104 (b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, notice is hereby given that the Appraisal Subcommittee (ASC) will meet in closed session: LOCATION: OCC—400 7th Street, SW., Washington, DC 20024. DATE: September 11, 2013. TIME: Immediately following the ASC open session. STATUS: Closed. MATTERS TO BE CONSIDERED: August 14, 2013 minutes—Closed Session DESCRIPTION: Dated: August 29, 2013. James R. Park, Executive Director. 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, August 22, 2013. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2013–21463 Filed 9–3–13; 8:45 am] BILLING CODE 6210–01–P [FR Doc. 2013–21457 Filed 9–3–13; 8:45 am] BILLING CODE 6700–01–P OFFICE OF GOVERNMENT ETHICS FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of July 30– 31, 2013 tkelley on DSK3SPTVN1PROD with NOTICES 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 July 30–31, 2013.1 Consistent with its statutory mandate, the Federal Open Market Committee 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on July 30– 31, 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. VerDate Mar<15>2010 16:51 Sep 03, 2013 Jkt 229001 Agency Information Collection Activities; Submission for OMB Review; Proposed Collection; Comment Request for an Unmodified OGE Form 450 Executive Branch Confidential Financial Disclosure Report AGENCY: Office of Government Ethics (OGE). Notice of request for agency and public comments. ACTION: After publication of this second round notice, OGE plans to submit an unmodified OGE Form 450 Executive Branch Confidential Financial Disclosure Report to the Office of Management and Budget (OMB) for review and approval of a three-year extension under the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). SUMMARY: PO 00000 Frm 00023 Fmt 4703 Sfmt 4703 Written comments by the public and the agencies on this proposed extension are invited and must be received by October 4, 2013. ADDRESSES: You may submit comments on this paperwork notice to the Office of Management and Budget, Attn: Desk Officer for OGE, via fax at 202–395– 6974 or email at OIRA_Submission@ omb.eop.gov. (Include reference to ‘‘OGE Form 450 paperwork comment’’ in the subject line of the message). FOR FURTHER INFORMATION CONTACT: Mr. Paul D. Ledvina, Agency Clearance Officer, at the U.S. Office of Government Ethics; telephone: 202–482–9247; TTY: 800–877–8339; FAX: 202–482–9237; Email: paul.ledvina@oge.gov. An electronic copy of the OGE Form 450 is available in the Forms Library section of OGE’s Web site at https://www.oge.gov. A paper copy may also be obtained, without charge, by contacting Mr. Ledvina. DATES: SUPPLEMENTARY INFORMATION: Title: Executive Branch Confidential Financial Disclosure Report. Agency Form Number: OGE Form 450. OMB Control Number: 3209–0006. Type of Information Collection: Extension without change of a currently approved collection. Type of Review Request: Regular. Respondents: Private citizens who are potential (incoming) regular Federal employees whose positions are designated for confidential disclosure filing, and special Government employees whose agencies require that they file new entrant disclosure reports prior to assuming Government responsibilities. Estimated Annual Number of Respondents: 19,847. Estimated Time per Response: 1 hour. Estimated Total Annual Burden: 19,847 hours. Abstract: The OGE Form 450 collects information from covered department and agency employees as required under OGE’s executive branchwide regulatory provisions in subpart I of 5 CFR part 2634. The basis for the OGE reporting regulation is section 201(d) of Executive Order 12674 of April 12, 1989 (as modified by Executive Order 12731 of October 17, 1990, 3 CFR, 1990 Comp., pp. 306–311, at p. 308) and section 107(a) of the Ethics in Government Act, 5 U.S.C. app. sec. 107(a). OGE published a first round notice of its intent to request paperwork clearance for an unmodified OGE Form 450 Executive Branch Confidential Financial Disclosure Report. See 78 FR 29753 (May 21, 2013). OGE received two responses to that notice: one from E:\FR\FM\04SEN1.SGM 04SEN1

Agencies

[Federal Register Volume 78, Number 171 (Wednesday, September 4, 2013)]
[Notices]
[Page 54466]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-21463]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of July 
30-31, 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 July 30-31, 2013.\1\
---------------------------------------------------------------------------

    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on July 30-31, 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, August 22, 2013.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2013-21463 Filed 9-3-13; 8:45 am]
BILLING CODE 6210-01-P
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