Federal Open Market Committee; Domestic Policy Directive of March 18-19, 2014, 24728 [2014-09905]

Download as PDF 24728 Federal Register / Vol. 79, No. 84 / Thursday, May 1, 2014 / Notices 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. 2. Legend Bank Employee Stock Ownership Plan and 401(k) Plan (As Amended and Restated Generally Effective as of June 19, 2012), Bowie, Texas; to retain, and to acquire, additional voting shares of Legend Bancorp, Inc., and thereby indirectly retain, and acquire additional voting shares of Legend Bank, N.A., Bowie, Texas. Board of Governors of the Federal Reserve System, April 28, 2014. Michael J. Lewandowski, Associate Secretary of the Board. By order of the Federal Open Market Committee, April 10, 2014. William B. English, Secretary, Federal Open Market Committee. percent of the voting shares of Algodon de Calidad Bancshares, Inc., and The First State Bank, both in Abernathy, Texas. Board of Governors of the Federal Reserve System, April 28, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–09955 Filed 4–30–14; 8:45 am] BILLING CODE 6210–01–P [FR Doc. 2014–09905 Filed 4–30–14; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies National Committee on Vital and Health Statistics: Teleconference [FR Doc. 2014–09957 Filed 4–30–14; 8:45 am] Federal Open Market Committee; Domestic Policy Directive of March 18– 19, 2014 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 March 18–19, 2014.1 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. Beginning in April, the Desk is directed to purchase longer-term Treasury securities at a pace of about $30 billion per month and to purchase agency mortgage-backed securities at a pace of about $25 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 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on March 18– 19, 2014, 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 17:30 Apr 30, 2014 Jkt 232001 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 applications will also 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. 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 May 27, 2014. A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. AHB Bancshares, Inc., Clovis, New Mexico; to become a bank holding company by acquiring 100 percent of the voting shares of American Heritage Bank, Clovis, New Mexico. 2. Turner Bancshares, Inc., Abernathy, Texas; to become a bank holding company by acquiring 100 PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 Pursuant to the Federal Advisory Committee Act, the Department of Health and Human Services (HHS) announces the following advisory committee meeting. Name: National Committee on Vital and Health Statistics (NCVHS), Full Committee Teleconference. Time and Date: 3:00 p.m.–5:00 p.m. (EDT) May 15, 2014. Place: Teleconference—scheduled to begin at 3:00 p.m. Eastern Daylight Savings Time. To participate in the teleconference, please use the following url https://www.ncvhs. hhs.gov/ to take you to the NCVHS homepage where registration information and the link to join the call will be available. Status: Open, however teleconference access limited only by availability of telephone ports. There will be a verbal comment period during the final 15 minutes of the teleconference. The public is also welcome to submit written comments in advance of the meeting to Terri Deutsch whose contact information is written below. Written comments received by May 13, 2014, will be included in the official record of the meeting. Purpose: The NCVHS has been named in the Patient Protection and Affordable Care Act (ACA) of 2010 to review and make recommendations on several operating rules and standards related to HIPAA transactions. This meeting will support these activities in the development of a set of recommendations for the Secretary, as required by § 1104 of the ACA. The purpose of this teleconference of the full committee of the NCVHS is to discuss and vote for approval three letters addressed to the Secretary of Health and Human Services. The matters to be discussed are: (1) Letter regarding the Electronic Standards for Public Health Information Exchange. The purpose of this letter is to provide observations and recommendations from the NCVHS regarding the current state of health informatics standards used by public health and population health programs; (2) A recommendation letter that focuses on the findings from the February 19, 2014 NCVHS Hearing on Prescriber Prior Authorization for Pharmacy Benefits, Health Plan Identifier (HPID), Electronic Fund Transfer (EFT)/ Electronic Remittance Advice (ERA), and E:\FR\FM\01MYN1.SGM 01MYN1

Agencies

[Federal Register Volume 79, Number 84 (Thursday, May 1, 2014)]
[Notices]
[Page 24728]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-09905]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of March 
18-19, 2014

    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 March 18-19, 2014.\1\
---------------------------------------------------------------------------

    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on March 18-19, 2014, 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. Beginning in April, the Desk is directed to purchase 
longer-term Treasury securities at a pace of about $30 billion per 
month and to purchase agency mortgage-backed securities at a pace of 
about $25 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, April 10, 2014.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2014-09905 Filed 4-30-14; 8:45 am]
BILLING CODE 6210-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.