Proposed Agency Information Collection Activities; Comment Request, 2741-2742 [2020-00614]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 85, No. 11 / Thursday, January 16, 2020 / Notices General description of report: From the universe of finance companies identified by the FR 3033p, a sample of finance companies will be invited to fill out FR 3033s. From these finance companies, the FR 3033s survey collects balance sheet data on major categories of consumer and business credit receivables and major liabilities. In addition, the survey may be used to gather information on topics that are pertinent to increasing the Federal Reserve’s understanding of the finance companies. Proposed revisions: The Board proposes to revise the FR 3033p to improve the accuracy of identifying finance companies, improve response rates, and simplify the form overall; the FR 3033s is not being revised in this submission. The proposed FR 3033p revisions, which would be effective for the May 2020 survey date, include: • Revising the questionnaire title to ‘‘2020 Census of Finance Companies and Other Lenders’’ for clarity. Responses from past rounds of surveys indicated that some respondents might not view themselves as finance companies, even though they are likely to be a target of interest by the survey definition. • Revising general instructions at the beginning of the survey for clarity. • Renumbering questions as needed to conform to revisions and to improve clarity. As a result, the FR 3033p will have seven questions instead of eleven. • Clarifying the ‘‘No’’ option in question 1 to read ‘‘My company or I do not make loans or leases (in person or online)’’ so that an early exit is offered to recipients who have likely received the survey form by mistake. • Revising the ‘‘Other’’ option in question 1 to have two choices: ‘‘Sold’’ and ‘‘Not in business’’. • Simplifying question 3 to a yes/no question. • Revising the wording in question 4 to read ‘‘Business loans and leases’’ and ‘‘Consumer loans and leases’’. Definitions for these terms are incorporated into the answer choices. • Deleting question 5. This question asks about the types of credit or financing that a company offers. It has five parts with multiple choices available for selection. This question was first added to the 2015 census, and the responses showed little value. The burden seems relatively high, especially given the lack of value. • Revising question 11 and renumbering as question 7. Explicit categories for contact information are created, such as name of person completing the survey and title of the person. City, state, and zip code VerDate Sep<11>2014 17:49 Jan 15, 2020 Jkt 250001 information are asked in separate categories. • Adding a check box at the end of the questionnaire to offer respondents an opportunity to receive the results of the survey. This is a way to encourage participation and improve survey response. Legal authorization and confidentiality: The FR 3033 is authorized pursuant to sections 2A and 12A of the Federal Reserve Act (‘‘FRA’’). Section 2A of the FRA requires that the Board and the Federal Open Market Committee (‘‘FOMC’’) ‘‘maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates’’ (12 U.S.C. 225a). Under section 12A of the FRA, the FOMC is required to implement regulations relating to the open market operations conducted by Federal Reserve Banks ‘‘with a view to accommodating commerce and business and with regard to [their] bearing upon the general credit situation of the country’’ (12 U.S.C. 263). Information collected from the FR 3033 is used to fulfill these obligations. The information collected pursuant to the FR 3033 may be treated as confidential pursuant to exemption 4 of the Freedom of Information Act, 5 U.S.C. 552(b)(4), which protects ‘‘trade secrets and commercial or financial information obtained from a person [that is] privileged or confidential.’’ Consultation outside the agency: For the renewal of this information collection, the Board consulted with OpenCorporates, Competiscan, Zoominfo, Melissa Data, and Infogroup to identify companies as potential respondents for the census. Board of Governors of the Federal Reserve System, January 10, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–00566 Filed 1–15–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to implement the Pre-Hire Conflict of Interest SUMMARY: PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 2741 Screening Form (FR 28c; OMB No. 7100–NEW). DATES: Comments must be submitted on or before March 16, 2020. ADDRESSES: You may submit comments, identified by FR 28c, by any of the following methods: • Agency Website: https:// www.federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at https:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, commenters may send a copy of their comments to the Office of Management and Budget (OMB) Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act (PRA) OMB submission, including the reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, if approved. These documents will also be made available on the Board’s public website at https://www.federalreserve.gov/apps/ reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. E:\FR\FM\16JAN1.SGM 16JAN1 2742 Federal Register / Vol. 85, No. 11 / Thursday, January 16, 2020 / Notices Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board authority under the PRA to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. khammond on DSKJM1Z7X2PROD with NOTICES Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Board’s functions, including whether the information has practical utility; b. The accuracy of the Board’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal. Proposal Under OMB Delegated Authority To Implement the Following Information Collection Report title: Pre-Hire Conflict of Interest Screening Form. Agency form number: FR 28c. OMB control number: 7100–NEW. Frequency: As needed. Respondents: Individuals who have been selected for an interview during the hiring process. Estimated number of respondents: 2,300. VerDate Sep<11>2014 17:49 Jan 15, 2020 Jkt 250001 Estimated average hours per response: 0.5. Estimated annual burden hours: 1,150. General description of report: The proposed FR 28c form will collect information from external applicants applying to the Board regarding certain financial interests and business relationships held by the applicant and by his/her immediate family members, as well as the external applicant’s involvement with certain outside organizations, to determine whether a conflict of interest may exist, which could impact the applicant’s ability to fulfill the responsibilities associated with the position for which they have applied. Legal authorization and confidentiality: The collection of this information is authorized by section 10 of the Federal Reserve Act, 12 U.S.C. 244, which provides that the ‘‘employment, compensation, leave, and expenses’’ of Board employees ‘‘shall be governed solely by the provisions of this chapter and rules and regulations of the Board not inconsistent therewith.’’ In addition, pursuant to regulations promulgated by the Office of Government Ethics (OGE) pursuant to 5 U.S.C. 7301, each executive agency’s designated ethics officer is required to provide ‘‘advice and counseling to prospective . . . employees regarding government ethics laws and regulations’’ and to ‘‘maintain records of agency ethics program activities’’ (5 CFR 2638.104(c)(2) and (4)). Providing the information collected on the FR 28c form is required in order to obtain the benefit of Board employment. Generally, information provided on the FR 28c form may be kept confidential from the public under exemption 6 of the Freedom of Information Act (FOIA), which protects information in ‘‘personnel and medical files and similar files the disclosure of which would constitute a clearly unwarranted invasion of personal privacy’’ (5 U.S.C. 552(b)(6)). In addition, financial information collected on the form (such as confidential details about the amount of shares an applicant, their spouse, or minor child owns in a bank) may be withheld under exemption 4 of the FOIA, which protects ‘‘financial information obtained from a person [that is] privileged and confidential’’ (5 U.S.C. 552(b)(4)). PO 00000 Frm 00050 Fmt 4703 Sfmt 4703 Board of Governors of the Federal Reserve System, January 13, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–00614 Filed 1–15–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Registration of Mortgage Loan Originators (CFPB G; OMB No. 7100– 0328). DATES: Comments must be submitted on or before March 16, 2020. ADDRESSES: You may submit comments, identified by CFPB G, by any of the following methods: • Agency Website: https:// www.federalreserve.gov/. Follow the instructions for submitting comments at https://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include the OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at https:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons or to remove personally identifiable information at the commenter’s request. Accordingly, comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. SUMMARY: E:\FR\FM\16JAN1.SGM 16JAN1

Agencies

[Federal Register Volume 85, Number 11 (Thursday, January 16, 2020)]
[Notices]
[Pages 2741-2742]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00614]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to implement the Pre-Hire Conflict of 
Interest Screening Form (FR 28c; OMB No. 7100-NEW).

DATES: Comments must be submitted on or before March 16, 2020.

ADDRESSES: You may submit comments, identified by FR 28c, by any of the 
following methods:
     Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include the OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.

All public comments are available from the Board's website at https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, unless 
modified for technical reasons or to remove personally identifiable 
information at the commenter's request. Accordingly, comments will not 
be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper in Room 146, 
1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 
5:00 p.m. on weekdays. For security reasons, the Board requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 452-3684. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Additionally, commenters may send a copy of their comments to the 
Office of Management and Budget (OMB) Desk Officer--Shagufta Ahmed--
Office of Information and Regulatory Affairs, Office of Management and 
Budget, New Executive Office Building, Room 10235, 725 17th Street NW, 
Washington, DC 20503, or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the Paperwork Reduction Act 
(PRA) OMB submission, including the reporting form and instructions, 
supporting statement, and other documentation will be placed into OMB's 
public docket files, if approved. These documents will also be made 
available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears below.

[[Page 2742]]

    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551, (202) 452-3829.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collections of information conducted or sponsored by the Board. In 
exercising this delegated authority, the Board is directed to take 
every reasonable step to solicit comment. In determining whether to 
approve a collection of information, the Board will consider all 
comments received from the public and other agencies.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Implement the Following 
Information Collection

    Report title: Pre-Hire Conflict of Interest Screening Form.
    Agency form number: FR 28c.
    OMB control number: 7100-NEW.
    Frequency: As needed.
    Respondents: Individuals who have been selected for an interview 
during the hiring process.
    Estimated number of respondents: 2,300.
    Estimated average hours per response: 0.5.
    Estimated annual burden hours: 1,150.
    General description of report: The proposed FR 28c form will 
collect information from external applicants applying to the Board 
regarding certain financial interests and business relationships held 
by the applicant and by his/her immediate family members, as well as 
the external applicant's involvement with certain outside 
organizations, to determine whether a conflict of interest may exist, 
which could impact the applicant's ability to fulfill the 
responsibilities associated with the position for which they have 
applied.
    Legal authorization and confidentiality: The collection of this 
information is authorized by section 10 of the Federal Reserve Act, 12 
U.S.C. 244, which provides that the ``employment, compensation, leave, 
and expenses'' of Board employees ``shall be governed solely by the 
provisions of this chapter and rules and regulations of the Board not 
inconsistent therewith.'' In addition, pursuant to regulations 
promulgated by the Office of Government Ethics (OGE) pursuant to 5 
U.S.C. 7301, each executive agency's designated ethics officer is 
required to provide ``advice and counseling to prospective . . . 
employees regarding government ethics laws and regulations'' and to 
``maintain records of agency ethics program activities'' (5 CFR 
2638.104(c)(2) and (4)).
    Providing the information collected on the FR 28c form is required 
in order to obtain the benefit of Board employment.
    Generally, information provided on the FR 28c form may be kept 
confidential from the public under exemption 6 of the Freedom of 
Information Act (FOIA), which protects information in ``personnel and 
medical files and similar files the disclosure of which would 
constitute a clearly unwarranted invasion of personal privacy'' (5 
U.S.C. 552(b)(6)). In addition, financial information collected on the 
form (such as confidential details about the amount of shares an 
applicant, their spouse, or minor child owns in a bank) may be withheld 
under exemption 4 of the FOIA, which protects ``financial information 
obtained from a person [that is] privileged and confidential'' (5 
U.S.C. 552(b)(4)).

    Board of Governors of the Federal Reserve System, January 13, 
2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-00614 Filed 1-15-20; 8:45 am]
 BILLING CODE 6210-01-P


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