Federal Open Market Committee; Domestic Policy Directive of October 28-29, 2014, 71421 [2014-28302]

Download as PDF Federal Register / Vol. 79, No. 231 / Tuesday, December 2, 2014 / Notices the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than December 16, 2014. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. GCP III EVB LLC, a limited liability company; Greenhill Capital Partners III, L.P., a limited partnership; Greenhill Capital Partners (Cayman Islands) III, L.P., a limited partnership; Greenhill Capital Partners (GHL) III, L.P., a limited partnership; Greenhill Capital Partners (Employees) III, L.P., a limited partnership; GCP Managing Partner III, L.P., a limited partnership; GCP Managing Partner III GP, L.P., a limited partnership; GCP Capital Partners Holdings LLC, a limited partnership; GCP Capital Partners Holdings Inc., a corporation; GCP Capital Partners LLC, a limited partnership; Robert H. Niehaus, all of New York, New York, and Boris Gutin, Montclair, New Jersey; to acquire voting shares of Eastern Virginia Bankshares, Inc., and thereby indirectly acquire voting shares of EVB, both in Tappahannock, Virginia. Board of Governors of the Federal Reserve System, November 26, 2014. Michael J. Lewandowski, Associate Secretary of the Board. 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 conclude the current program of purchases of longerterm Treasury securities and agency mortgage-backed securities by the end of October. 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 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 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. rljohnson on DSK3VPTVN1PROD with NOTICES Federal Open Market Committee; Domestic Policy Directive of October 28–29, 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 October 28–29, 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 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on October 28–29, 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 Sep<11>2014 15:30 Dec 01, 2014 Jkt 235001 Board of Governors of the Federal Reserve System, November 26, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–28357 Filed 12–1–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 122 3252] Deutsch LA, Inc.; Analysis of Proposed Consent Order To Aid Public Comment [FR Doc. 2014–28302 Filed 12–1–14; 8:45 am] ACTION: BILLING CODE 6210–01–P The consent agreement in this matter settles alleged violations of federal law prohibiting deceptive acts or practices. The attached Analysis of Proposed Consent Order to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before December 29, 2014. ADDRESSES: Interested parties may file a comment at https:// ftcpublic.commentworks.com/ftc/ deutschlaconsent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Deutsch LA, Inc.— Consent Agreement; File No. 122 3252’’ on your comment and file your comment online at https:// ftcpublic.commentworks.com/ftc/ deutschlaconsent by following the instructions on the web-based form. If you prefer to file your comment on paper, write ‘‘Deutsch LA, Inc.— Consent Agreement; File No. 122 3252’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC– FEDERAL RESERVE SYSTEM The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. PO 00000 Frm 00046 Fmt 4703 Federal Trade Commission. Proposed consent agreement. AGENCY: SUMMARY: Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities FEDERAL RESERVE SYSTEM Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 26, 2014. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. WesBanco, Inc., Wheeling, West Virginia; to acquire 100 percent of the voting shares of ESB Financial Corporation, and indirectly acquire ESB Bank, both in Ellwood City, Pennsylvania, and thereby engage in operating a savings association, pursuant to section 224.28(b)(4)(ii). By order of the Federal Open Market Committee, November 20, 2014. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2014–28356 Filed 12–1–14; 8:45 am] BILLING CODE 6210–01–P 71421 Sfmt 4703 E:\FR\FM\02DEN1.SGM 02DEN1

Agencies

[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Notices]
[Page 71421]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28302]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
October 28-29, 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 October 28-29, 2014.\1\
---------------------------------------------------------------------------

    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on October 28-29, 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. The Desk is directed to conclude the current program of 
purchases of longer-term Treasury securities and agency mortgage-backed 
securities by the end of October. 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 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 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, November 20, 
2014.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2014-28302 Filed 12-1-14; 8:45 am]
BILLING CODE 6210-01-P
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