Establishment of Consumer Advisory Board, 11438-11439 [2017-03492]
Download as PDF
<![CDATA[
11438
Federal Register / Vol. 82, No. 35 / Thursday, February 23, 2017 / Notices
(b) The accuracy of the Bureau’s
estimate of the burden of the collection
of information, including the validity of
the methods and the assumptions used;
(c) Ways to enhance the quality, utility,
and clarity of the information to be
collected; and (d) Ways to minimize the
burden of the collection of information
on respondents, including through the
use of automated collection techniques
or other forms of information
technology. Comments submitted in
response to this notice will be
summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record.
Dated: February 15, 2017.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of
Consumer Financial Protection.
[FR Doc. 2017–03479 Filed 2–22–17; 8:45 am]
BILLING CODE 4810–AM–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
Establishment of Academic Research
Council
Bureau of Consumer Financial
Protection.
ACTION: Notice.
AGENCY:
The Consumer Financial
Protection Bureau (‘‘Bureau’’), after
consultation with the Committee
Management Secretariat of the General
Services Administration, will establish
the Academic Research Council (‘‘the
Council’’) no less than 15 days from the
effective date of this notice. The
Advisory Council was established to
provide the Bureau’s Office of Research
advice and feedback on research
methodologies, framing research
questions, data collection, and analytic
strategies.
FOR FURTHER INFORMATION CONTACT:
Delicia Hand, Staff Director, Advisory
Board and Councils Office, External
Affairs, Consumer Financial Protection
Bureau, 1275 First Street NE.,
Washington, DC 20002; Telephone:
(202) 435–9348; email: Delicia.hand@
cfpb.gov.
SUMMARY:
In
accordance with the provisions of the
Federal Advisory Committee Act
(‘‘FACA’’) (5 U.S.C. App.), the
Consumer Financial Protection Bureau
(‘‘Bureau’’) hereby gives notice of reestablishment of the Academic Research
Council. In December of 2015, language
included in the 2016 Omnibus spending
bill amended the Consumer Financial
Protection Act to clarify the
rmajette on DSK2TPTVN1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
14:10 Feb 22, 2017
Jkt 241001
applicability of the FACA to the Bureau.
The Advisory Council is a continuing
committee being re-established for the
purposes of compliance with FACA and
applicable statutes as it now applies to
the Bureau.
This committee is being established
no less than 15 days after the
publication of this notice by filing a
charter with the Director of the Bureau
and with the Committee Management
Secretariat of the General Services
Administration, and furnishing the
charter to the Library of Congress and
the Committee on Banking, Housing,
and Urban Affairs of the United States
Senate and the Committee on Financial
Services of the United States House of
Representatives. The charter will also be
posted on the Bureau’s Web site at
www.consumerfinance.gov. This charter
will expire two years after the filing date
unless renewed by appropriate action.
The Council will provide the Bureau’s
Office of Research advice and feedback
on research methodologies, framing
research questions, data collection, and
analytic strategies. Additionally, the
Council will provide both backwardand forward-looking feedback on the
Office of Research’s research work and
will offer input into its research
strategic planning process and research
agenda.
The duties of the Council are solely
advisory and shall extend only to the
submission of advice and
recommendations to the Bureau. No
determination of fact or policy will be
made by the Council, and the Council
will have no formal decision-making
role.
In appointing members to the
Council, the Director shall seek to
assemble academic experts in fields
such as economics, statistics,
psychology or behavioral science. In
particular, academics with strong
methodological and technical expertise
in structural or reduced form
econometrics, modeling of consumer
decision-making, behavioral economics,
experimental economics, program
evaluation, psychology, or financial
choice will be considered. The Council
will be composed of approximately nine
members. Council members will be
designated as Special Government
Employees (SGEs) and will serve fouryear terms. Equal opportunity practices
in accordance with the Consumer
Financial Protection Bureau (CFPB)
policies shall be followed in all
appointments to the Council.
PO 00000
Frm 00013
Fmt 4703
Sfmt 4703
Dated: January 20, 2017.
Leandra English,
Chief of Staff, Bureau of Consumer Financial
Protection.
[FR Doc. 2017–03494 Filed 2–22–17; 8:45 am]
BILLING CODE 4810–AM–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
Establishment of Consumer Advisory
Board
Bureau of Consumer Financial
Protection.
ACTION: Notice.
AGENCY:
The Consumer Financial
Protection Bureau (‘‘Bureau’’), after
consultation with the Committee
Management Secretariat of the General
Services Administration, has
established the Consumer Advisory
Board (‘‘the Board’’) as required by
statute. The Board will ‘‘advise and
consult with the Bureau in the exercise
of its functions under the Federal
consumer financial laws’’ and ‘‘provide
information on emerging practices in
the consumer financial products or
services industry, including regional
trends, concerns, and other relevant
information,’’ as outlined in section
1014(a) of the Dodd-Frank Wall Street
Reform and Consumer Protection Act.
FOR FURTHER INFORMATION CONTACT:
Delicia Hand, Staff Director, Advisory
Board and Councils Office, External
Affairs, Consumer Financial Protection
Bureau, 1275 First Street NE.,
Washington, DC 20002; Telephone:
(202) 435–9348; email: Delicia.hand@
cfpb.gov.
SUPPLEMENTARY INFORMATION: In
accordance with the provisions of the
Federal Advisory Committee Act
(‘‘FACA’’) (5 U.S.C. App.), the
Consumer Financial Protection Bureau
hereby gives notice of re-establishment
of the Consumer Advisory Board,
effective immediately. In December of
2015, language included in the 2016
Omnibus spending bill amended the
Consumer Financial Protection Act to
clarify the applicability of FACA to the
Bureau. The Board is a continuing
committee being re-established for the
purposes of compliance with FACA and
applicable statutes.
The Board is being established
concurrently with the publication of
this notice by filing a charter with the
Director of the Bureau and with the
Committee Management Secretariat of
the General Services Administration,
and furnishing the charter to the Library
of Congress and the Committee on
Banking, Housing, and Urban Affairs of
SUMMARY:
E:\FR\FM\23FEN1.SGM
23FEN1
rmajette on DSK2TPTVN1PROD with NOTICES
Federal Register / Vol. 82, No. 35 / Thursday, February 23, 2017 / Notices
the United States Senate and the
Committee on Financial Services of the
United States House of Representatives.
The charter will also be posted on the
Bureau’s Web site at
www.consumerfinance.gov. This charter
will expire two years after the filing date
unless renewed by appropriate action.
The Board’s purpose is outlined in
section 1014(a) of the Dodd-Frank Wall
Street Reform and Consumer Protection
Act (‘‘Dodd-Frank Act), which states
that the Board shall ‘‘advise and consult
with the Bureau in the exercise of its
functions under the Federal consumer
financial laws’’ and ‘‘provide
information on emerging practices in
the consumer financial products or
services industry, including regional
trends, concerns, and other relevant
information.’’
To carry out the Board’s purpose, the
scope of its activities shall include
providing information, analysis, and
recommendations to the Bureau. The
Board will generally serve as a vehicle
for market intelligence and expertise for
the Bureau. Its objectives will include
identifying and assessing the impact on
consumers and other market
participants of new, emerging, and
changing products, practices, or
services. The duties of the Board are
solely advisory and shall extend only to
the submission of advice and
recommendations to the Bureau, which
shall be non-binding on the Bureau. No
determination of fact or policy will be
made by the Board, and the Board will
have no formal decision-making role
and no access to confidential
supervisory or other confidential
information.
The Board shall consist of no fewer
than approximately16 members
including at least six members
appointed upon the recommendation of
the regional Federal Reserve Bank
Presidents on a rotating basis, and shall
be chosen to ensure a fairly balanced
membership. In accordance with the
Dodd-Frank Act, ‘‘in appointing the
members of the Consumer Advisory
Board, the Director shall seek to
assemble experts in: Consumer
protection, financial services,
community development, fair lending
and civil rights, and consumer financial
products or services and representatives
of depository institutions that primarily
serve underserved communities, and
representatives of depository
institutions that primarily serve
underserved communities, and
representatives of communities that
have been significantly impacted by
higher-priced mortgage loans, and seek
representation of the interests of
covered persons and consumers,
VerDate Sep<11>2014
14:10 Feb 22, 2017
Jkt 241001
without regard to party affiliation.’’
Equal opportunity practices in
accordance with the Consumer
Financial Protection Bureau (‘‘Bureau’’)
policies shall be followed in all
appointments to the Board.
Dated: January 20, 2017.
Leandra English,
Chief of Staff, Bureau of Consumer Financial
Protection.
[FR Doc. 2017–03492 Filed 2–22–17; 8:45 am]
BILLING CODE 4810–AM–P
BUREAU OF CONSUMER FINANCIAL
PROTECTION
Establishment of Community Banker
Advisory Council
Bureau of Consumer Financial
Protection.
ACTION: Notice.
AGENCY:
The Consumer Financial
Protection Bureau (‘‘Bureau’’), after
consultation with the Committee
Management Secretariat of the General
Services Administration, will establish
the Community Banker Advisory
Council (‘‘the Advisory Council’’) no
less than 15 days from the effective date
of this notice. The Advisory Council
was established to consult with the
Bureau in the exercise of its functions
under the federal consumer financial
laws as they pertain to community
banks with total assets of $10 billion or
less.
FOR FURTHER INFORMATION CONTACT:
Delicia Hand, Staff Director, Advisory
Board and Councils Office, External
Affairs, Consumer Financial Protection
Bureau, 1275 First Street NE.,
Washington, DC 20002; Telephone:
(202) 435–9348; email: Delicia.hand@
cfpb.gov.
SUMMARY:
In
accordance with the provisions of the
Federal Advisory Committee Act
(‘‘FACA’’) (5 U.S.C. App.), the
Consumer Financial Protection Bureau
(‘‘the Bureau’’) hereby gives notice of reestablishment of the Community Banker
Advisory Council. In December of 2015,
language included in the 2016 Omnibus
spending bill amended the Consumer
Financial Protection Act to clarify the
applicability of the FACA to the Bureau.
The Advisory Council is a continuing
committee being re-established for the
purposes of compliance with FACA and
applicable statutes.
This committee is being established
no less than 15 days after the
publication of this notice by filing a
charter with the Director of the Bureau
and with the Committee Management
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00014
Fmt 4703
Sfmt 9990
11439
Secretariat of the General Services
Administration, and furnishing the
charter to the Library of Congress and
the Committee on Banking, Housing,
and Urban Affairs of the United States
Senate and the Committee on Financial
Services of the United States House of
Representatives. The charter will also be
posted on the Bureau’s Web site at
www.consumerfinance.gov. This charter
will expire two years after the filing date
unless renewed by appropriate action.
The Advisory Council shall advise the
Bureau in its exercise of its functions
under the Federal consumer financial
laws as they pertain to banks or thrifts
with total assets of $10 billion or less.
To carry out the Advisory Council’s
purpose, the scope of its activities shall
include providing information and
analysis in support of recommendations
to the Bureau. The output of Advisory
Council meetings should serve to better
inform the CFPB’s policy development,
rulemaking, and engagement functions
as they relate to community banking
institutions.
The duties of the Advisory Council
are solely advisory and shall extend
only to the submission of advice and
recommendations to the Bureau relating
to the activities and operations of
community banks, which shall be nonbinding on the Bureau. No
determination of fact or policy will be
made by the Advisory Council, and the
Advisory Council will have no formal
decision-making role and no access to
confidential supervisory or other
confidential information.
In appointing members to the
Advisory Council, the Director shall
seek to assemble members with diverse
points of view, institution asset sizes,
and geographical backgrounds. Only
bank or thrift employees (CEOs,
compliance officers, government
relations officials, etc.) will be
considered for membership.
Membership is limited to employees of
banks and thrifts with total assets of $10
billion or less that are not affiliates of
depository institutions or credit unions
with total assets of more than $10
billion. The Advisory Council will
consist of approximately 15 to 20
members. Equal opportunity practices
in accordance with the Consumer
Financial Protection Bureau (‘‘Bureau’’)
policies shall be followed in all
appointments to the Advisory Council.
Dated: January 20, 2017.
Leandra English,
Chief of Staff, Bureau of Consumer Financial
Protection.
[FR Doc. 2017–03493 Filed 2–22–17; 8:45 am]
BILLING CODE 4810–AM–P
E:\FR\FM\23FEN1.SGM
23FEN1
]]>Agencies
[Federal Register Volume 82, Number 35 (Thursday, February 23, 2017)]
[Notices]
[Pages 11438-11439]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-03492]
-----------------------------------------------------------------------
BUREAU OF CONSUMER FINANCIAL PROTECTION
Establishment of Consumer Advisory Board
AGENCY: Bureau of Consumer Financial Protection.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Consumer Financial Protection Bureau (``Bureau''), after
consultation with the Committee Management Secretariat of the General
Services Administration, has established the Consumer Advisory Board
(``the Board'') as required by statute. The Board will ``advise and
consult with the Bureau in the exercise of its functions under the
Federal consumer financial laws'' and ``provide information on emerging
practices in the consumer financial products or services industry,
including regional trends, concerns, and other relevant information,''
as outlined in section 1014(a) of the Dodd-Frank Wall Street Reform and
Consumer Protection Act.
FOR FURTHER INFORMATION CONTACT: Delicia Hand, Staff Director, Advisory
Board and Councils Office, External Affairs, Consumer Financial
Protection Bureau, 1275 First Street NE., Washington, DC 20002;
Telephone: (202) 435-9348; email: Delicia.hand@cfpb.gov.
SUPPLEMENTARY INFORMATION: In accordance with the provisions of the
Federal Advisory Committee Act (``FACA'') (5 U.S.C. App.), the Consumer
Financial Protection Bureau hereby gives notice of re-establishment of
the Consumer Advisory Board, effective immediately. In December of
2015, language included in the 2016 Omnibus spending bill amended the
Consumer Financial Protection Act to clarify the applicability of FACA
to the Bureau. The Board is a continuing committee being re-established
for the purposes of compliance with FACA and applicable statutes.
The Board is being established concurrently with the publication of
this notice by filing a charter with the Director of the Bureau and
with the Committee Management Secretariat of the General Services
Administration, and furnishing the charter to the Library of Congress
and the Committee on Banking, Housing, and Urban Affairs of
[[Page 11439]]
the United States Senate and the Committee on Financial Services of the
United States House of Representatives. The charter will also be posted
on the Bureau's Web site at www.consumerfinance.gov. This charter will
expire two years after the filing date unless renewed by appropriate
action.
The Board's purpose is outlined in section 1014(a) of the Dodd-
Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank
Act), which states that the Board shall ``advise and consult with the
Bureau in the exercise of its functions under the Federal consumer
financial laws'' and ``provide information on emerging practices in the
consumer financial products or services industry, including regional
trends, concerns, and other relevant information.''
To carry out the Board's purpose, the scope of its activities shall
include providing information, analysis, and recommendations to the
Bureau. The Board will generally serve as a vehicle for market
intelligence and expertise for the Bureau. Its objectives will include
identifying and assessing the impact on consumers and other market
participants of new, emerging, and changing products, practices, or
services. The duties of the Board are solely advisory and shall extend
only to the submission of advice and recommendations to the Bureau,
which shall be non-binding on the Bureau. No determination of fact or
policy will be made by the Board, and the Board will have no formal
decision-making role and no access to confidential supervisory or other
confidential information.
The Board shall consist of no fewer than approximately16 members
including at least six members appointed upon the recommendation of the
regional Federal Reserve Bank Presidents on a rotating basis, and shall
be chosen to ensure a fairly balanced membership. In accordance with
the Dodd-Frank Act, ``in appointing the members of the Consumer
Advisory Board, the Director shall seek to assemble experts in:
Consumer protection, financial services, community development, fair
lending and civil rights, and consumer financial products or services
and representatives of depository institutions that primarily serve
underserved communities, and representatives of depository institutions
that primarily serve underserved communities, and representatives of
communities that have been significantly impacted by higher-priced
mortgage loans, and seek representation of the interests of covered
persons and consumers, without regard to party affiliation.'' Equal
opportunity practices in accordance with the Consumer Financial
Protection Bureau (``Bureau'') policies shall be followed in all
appointments to the Board.
Dated: January 20, 2017.
Leandra English,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2017-03492 Filed 2-22-17; 8:45 am]
BILLING CODE 4810-AM-P
