Renewal of Community Bank Advisory Council, 10800-10801 [2019-05451]

Download as PDF 10800 Federal Register / Vol. 84, No. 56 / Friday, March 22, 2019 / Notices technical advice and feedback on research methodologies, data collection strategies, and methods of analysis, including methodologies and strategies for quantifying the costs and benefits of regulatory actions, and provide the Bureau’s Office of Research with advice and feedback on research methodologies, framing research questions, data collection, and analytic strategies. FOR FURTHER INFORMATION CONTACT: Matt Cameron, Acting Staff Director, Office of Advisory Board and Councils, External Affairs, at 202–435–7708, or Matt.Cameron@cfpb.gov. If you require this document in an alternative electronic format, please contact CFPB_ Accessibility@cfpb.gov. SUPPLEMENTARY INFORMATION: In accordance with the provisions of the Federal Advisory Committee Act (FACA) (5 U.S.C. App.), the Bureau of Consumer Financial Protection hereby gives notice of renewal of the Academic Research Council. The ARC is a discretionary committee being renewed for the purposes of compliance with FACA. This committee is being renewed concurrently with the publication of this notice by filing a charter with the Director of the Bureau, the Committee Management Secretariat of the General Services Administration, the Library of Congress, 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 website at www.consumerfinance.gov. This charter will expire two years after the filing date unless renewed by appropriate action. The ARC will (1) provide the Bureau with advice about its strategic research planning process and research agenda, including views on the research that the Bureau should conduct relating to consumer financial products or services, consumer behavior, cost-benefit analysis, or other topics to enable the agency to further its statutory purposes and objectives; and, (2) provide the Office of Research with technical advice and feedback on research methodologies, data collection strategies, and methods of analysis, including methodologies and strategies for quantifying the costs and benefits of regulatory actions. The duties of the committee 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 committee, and the committee will have no formal decisionmaking role. VerDate Sep<11>2014 17:37 Mar 21, 2019 Jkt 247001 In appointing members to the ARC, the Director shall seek to assemble members who are economic experts and academics with diverse points of view; such as experienced economists with a strong research and publishing background, and a record of involvement in research and public policy, including public or academic service. Additionally, members should be prominent experts who are recognized for their professional achievements and rigorous economic analysis including those specializing in household finance, finance, financial education, labor economics, industrial organization, public economics, and law and economics; and experts from related social sciences related to the Bureau’s mission. In particular, the Director will seek to identify academics with strong methodological and technical expertise in structural or reduced form econometrics; modeling of consumer decision-making; survey and random controlled trial methods; benefit cost analysis, welfare economics and program evaluation; or marketing. The ARC shall consist of approximately eight members serving two-year terms. All members appointed by the Director shall serve at the pleasure of the Director. Committee members will be designated as special government employees (SGEs). Equal opportunity practices in accordance with the Bureau’s policies shall be followed in all appointments to the committee. Dated: March 18, 2019. Kirsten Sutton, Chief of Staff, Bureau of Consumer Financial Protection. [FR Doc. 2019–05453 Filed 3–21–19; 8:45 am] BILLING CODE 4810–AM–P BUREAU OF CONSUMER FINANCIAL PROTECTION Renewal of Community Bank Advisory Council Bureau of Consumer Financial Protection. ACTION: Notice. AGENCY: The Bureau of Consumer Financial Protection (Bureau), after consultation with the Committee Management Secretariat of the General Services Administration, will establish the Community Banker Advisory Council (the committee or the CBAC) effective on March 21, 2019. The CBAC was established to consult with the Bureau in the exercise of its functions under the Federal consumer financial laws as they pertain to community SUMMARY: PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 banks with total assets of $10 billion or less. FOR FURTHER INFORMATION CONTACT: Matt Cameron, Acting Staff Director, Office of Advisory Board and Councils, External Affairs, at 202–435–7708, or Matt.Cameron@cfpb.gov. If you require this document in an alternative electronic format, please contact CFPB_ Accessibility@cfpb.gov. SUPPLEMENTARY INFORMATION: In accordance with the provisions of the Federal Advisory Committee Act (‘‘FACA’’) (5 U.S.C. App.), the Bureau of Consumer Financial Protection hereby gives notice of renewal of the Community Banker Advisory Council. The CBAC is a discretionary committee being renewed for the purposes of compliance with FACA and applicable statutes. This committee is being renewed concurrently with the publication of this notice by filing a charter with the Director of the Bureau, the Committee Management Secretariat of the General Services Administration, the Library of Congress, 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 website at www.consumerfinance.gov. This charter will expire two years after the filing date unless renewed by appropriate action. The CBAC 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 committee’s purpose, the scope of its activities shall include providing information and analysis in support of recommendations to the Bureau. The output of committee’s meetings should serve to better inform the Bureau’s policy development, rulemaking, and engagement functions as they relate to community banking institutions. The duties of the CBAC 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 committee, and the committee will have no formal decisionmaking role and no access to confidential supervisory or other confidential information. In appointing members to the CBAC, the Director shall seek to assemble members with diverse points of view, institution asset sizes, and geographical backgrounds. Only bank or thrift E:\FR\FM\22MRN1.SGM 22MRN1 Federal Register / Vol. 84, No. 56 / Friday, March 22, 2019 / Notices 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 CBAC shall consist of at least seven members serving two-year terms. Equal opportunity practices in accordance with the Bureau’s policies shall be followed in all appointments to the CBAC. Dated: March 18, 2019. Kirsten Sutton, Chief of Staff, Bureau of Consumer Financial Protection. [FR Doc. 2019–05451 Filed 3–21–19; 8:45 am] BILLING CODE 4810–AM–P BUREAU OF CONSUMER FINANCIAL PROTECTION Advisory Committees Solicitation of Applications for Membership AGENCY: Consumer Financial Protection Bureau. ACTION: Notice. Pursuant to the authorities given to the Director of the Bureau of Consumer Financial Protection (Bureau) under the Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) Director Kraninger invites the public to apply for membership for appointment to its Consumer Advisory Board (CAB), Community Bank Advisory Council, Credit Union Advisory Council (CUAC), and Academic Research Council (ARC), (collectively, advisory committees). Membership of the advisory committees includes representatives of consumers, diverse communities, the financial services industry, academics, and economists. Appointments to the committees are generally for two years. However, the Director may amend the respective committee charters from time to time during the charter terms, as the Director deems necessary to accomplish the purpose of the committees. The Bureau expects to announce the selection of new members in September 2019. DATES: The application will be available on March 22, 2019 here: https:// consumer-financial-protectionbureau.forms.fm/application-to-serveon-advisory-board-body-panelcommittee-or-group. Complete application packets received on or before May 5, 2019, will be given consideration for membership on the committees. SUMMARY: VerDate Sep<11>2014 17:37 Mar 21, 2019 Jkt 247001 If electronic submission is not feasible, the completed application packet can be mailed to Crystal Dully, Outreach and Engagement Associate, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552. All applications for membership on the advisory committees should be sent: • Electronically: https://consumerfinancial-protection-bureau.forms.fm/ application-to-serve-on-advisory-boardbody-panel-committee-or-group. We strongly encourage electronic submissions. • Mail: Crystal Dully, Outreach and Engagement Associate, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552. Submissions must be postmarked on or before May 5, 2019. • Hand Delivery/Courier in Lieu of Mail: Crystal Dully, Outreach and Engagement Specialist, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552. Submissions must be received on or before 5 p.m. eastern standard time on May 5, 2019. FOR FURTHER INFORMATION CONTACT: Crystal Dully, Outreach and Engagement Specialist, at (202) 435–9588. If you require this document in an alternative electronic format, please contact CFPB_ Accessibility@cfpb.gov. SUPPLEMENTARY INFORMATION: ADDRESSES: I. Background The Bureau is charged with regulating ‘‘the offering and provision of consumer financial products or services under the Federal consumer financial laws,’’ so as to ensure that ‘‘all consumers have access to markets for consumer financial products and services and that markets for consumer financial products and services are fair, transparent, and competitive.’’ Pursuant to section 1021(c) of the Wall Street Reform and Consumer Protection Act, Public Law 111–203, Dodd-Frank Act, the Bureau’s primary functions are: 1. Conducting financial education programs; 2. Collecting, investigating, and responding to consumer complaints; 3. Collecting, researching, monitoring, and publishing information relevant to the function of markets for consumer financial products and services to identify risks to consumers and the proper functioning of such markets; 4. Supervising persons covered under the Dodd-Frank Act for compliance with Federal consumer financial law, and taking appropriate enforcement action to address violations of Federal consumer financial law; PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 10801 5. Issuing rules, orders, and guidance implementing Federal consumer financial law; and 6. Performing such support activities as may be needed or useful to facilitate the other functions of the Bureau. As described in more detail below, section 1014 of the Dodd-Frank Act calls for the Director of the Bureau to establish a Consumer Advisory Board to advise and consult with the Bureau regarding its functions, and to provide information on emerging trends and practices in the consumer financial markets. Pursuant to the executive and administrative powers conferred on the Bureau by section 1012 of the DoddFrank Act, the Director of the Bureau of Consumer Financial Protection established the discretionary committees, CBAC, CUAC, and ARC, under agency authority in accordance with the provisions of the Federal Advisory Committee Act, as amended, 5 U.S.C., App. 2. III. Qualifications Pursuant to section 1014(b) of the Dodd-Frank Act, in appointing members to 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 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.’’ The determinants of ‘‘expertise’’ shall depend, in part, on the constituency, interests, or industry sector the nominee seeks to represent, and where appropriate, shall include significant experience as a direct service provider to consumers. Pursuant to section 12 of the Community Bank Advisory Council Charter, in appointing members to the committee 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 community banks with total assets of more than $10 billion. E:\FR\FM\22MRN1.SGM 22MRN1

Agencies

[Federal Register Volume 84, Number 56 (Friday, March 22, 2019)]
[Notices]
[Pages 10800-10801]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05451]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Renewal of Community Bank Advisory Council

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau), after 
consultation with the Committee Management Secretariat of the General 
Services Administration, will establish the Community Banker Advisory 
Council (the committee or the CBAC) effective on March 21, 2019. The 
CBAC 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: Matt Cameron, Acting Staff Director, 
Office of Advisory Board and Councils, External Affairs, at 202-435-
7708, or Matt.Cameron@cfpb.gov. If you require this document in an 
alternative electronic format, please contact 
CFPB_Accessibility@cfpb.gov.

SUPPLEMENTARY INFORMATION: In accordance with the provisions of the 
Federal Advisory Committee Act (``FACA'') (5 U.S.C. App.), the Bureau 
of Consumer Financial Protection hereby gives notice of renewal of the 
Community Banker Advisory Council. The CBAC is a discretionary 
committee being renewed for the purposes of compliance with FACA and 
applicable statutes. This committee is being renewed concurrently with 
the publication of this notice by filing a charter with the Director of 
the Bureau, the Committee Management Secretariat of the General 
Services Administration, the Library of Congress, 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 
website at www.consumerfinance.gov. This charter will expire two years 
after the filing date unless renewed by appropriate action.
    The CBAC 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 
committee's purpose, the scope of its activities shall include 
providing information and analysis in support of recommendations to the 
Bureau. The output of committee's meetings should serve to better 
inform the Bureau's policy development, rulemaking, and engagement 
functions as they relate to community banking institutions.
    The duties of the CBAC 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 non-
binding on the Bureau. No determination of fact or policy will be made 
by the committee, and the committee will have no formal decision-making 
role and no access to confidential supervisory or other confidential 
information.
    In appointing members to the CBAC, the Director shall seek to 
assemble members with diverse points of view, institution asset sizes, 
and geographical backgrounds. Only bank or thrift

[[Page 10801]]

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 CBAC shall consist of 
at least seven members serving two-year terms. Equal opportunity 
practices in accordance with the Bureau's policies shall be followed in 
all appointments to the CBAC.

    Dated: March 18, 2019.
Kirsten Sutton,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2019-05451 Filed 3-21-19; 8:45 am]
BILLING CODE 4810-AM-P