Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB, 6183-6184 [2020-02136]
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Federal Register / Vol. 85, No. 23 / Tuesday, February 4, 2020 / Notices
Current actions: On October 18, 2019,
the Board published a notice in the
Federal Register (84 FR 55956)
requesting public comment for 60 days
on the extension, without revision, of
the Filings Related to the Gramm-LeachBliley Act information collection. The
comment period for this notice expired
on December 17, 2019. The Board did
not receive any comments.
Board of Governors of the Federal Reserve
System, January 30, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020–02137 Filed 2–3–20; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, with revision, the Intermittent
Survey of Businesses (FR 1374; OMB
No. 7100–0302). The revisions are
applicable March 5, 2020.
FOR FURTHER INFORMATION CONTACT:
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.
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.
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. These
documents also are available on the
Federal Reserve 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 above.
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. Boardapproved collections of information are
khammond on DSKJM1Z7X2PROD with NOTICES
AGENCY:
VerDate Sep<11>2014
17:48 Feb 03, 2020
Jkt 250001
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting
statements, and approved collection of
information instrument(s) are placed
into OMB’s public docket files.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, With Revision, of the Following
Information Collection
Report title: Intermittent Survey of
Businesses.
Agency form number: FR 1374.
OMB control number: 7100–0302.
Effective Date: The revisions are
effective March 5, 2020.
Frequency: On occasion.
Respondents: Businesses and state
and local governments.
Estimated number of respondents:
720.
Estimated average hours per response:
15 minutes.
Estimated annual burden hours: 540.
General description of report: The
survey data are used to gather
information specifically tailored to the
Federal Reserve’s policy and operational
responsibilities. Currently, this eventgenerated survey is approved to operate
in two ways. First, under the guidance
of Board staff, the Reserve Banks survey
business contacts as economic
developments warrant. Although each
survey is contemplated to have
approximately 2,400 business
respondents (about 200 respondents per
Reserve Bank), surveys in recent years
have had far fewer respondents;
occasionally, state and local government
officials are surveyed rather than
business, in which case there are also
far fewer respondents. It is necessary to
conduct these surveys to provide timely
information to the members of the Board
and presidents of the Reserve Banks.
Usually, these surveys are conducted by
Reserve Bank economists telephoning or
emailing purchasing managers,
economists, or other knowledgeable
individuals at selected, relevant
businesses. Reserve Bank staff may also
use online survey tools to collect
responses to the survey. The frequency
and content of the questions, as well as
the entities contacted, vary depending
on developments in the economy. The
draft reporting form provides a sample
of the types of questions used in a
previous survey to illustrate the format
of these surveys. Second, economists at
the Board survey business contacts by
telephone, inquiring about current
business conditions. Board economists
conduct these surveys as economic
conditions require, with approximately
ten respondents for each survey.
PO 00000
Frm 00043
Fmt 4703
Sfmt 4703
6183
Legal authorization and
confidentiality: The FR 1374 is
authorized by 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.’’ 1 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.’’ 2 In order to carry out these
objectives, the Board must collect
economic data, including by using the
FR 1374. Survey submissions are
voluntary.
Individual respondents may request
that information submitted to the Board
through a survey under FR 1374 be kept
confidential. If a respondent requests
confidential treatment, the Board will
determine whether the information is
entitled to confidential treatment on a
case-by-case basis under exemption 4 of
the Freedom of Information Act (FOIA),
which protects privileged or
confidential commercial or financial
information,3 or any other applicable
FOIA exemption.
Current actions: On October 25, 2019,
the Board published a notice in the
Federal Register (84 FR 57428)
requesting public comment for 60 days
on the extension, with revision, of the
FR 1374. For surveys conducted by the
Reserve Banks at the direction of the
Board, the Board proposes to decrease
the number of respondents from 2,400
to 720 (an average of 60 per Reserve
Bank). This decrease better reflects the
actual number of respondents in recent
years. In addition, the Board proposes to
discontinue the surveys conducted
solely by the Board, as they have not
been conducted in recent years and are
not anticipated to be needed in the
future. The comment period for this
notice expired on December 24, 2019.
The Board did not receive any
comments.
1 12
U.S.C. 225a.
U.S.C. 263(c).
3 5 U.S.C. 552(b)(4).
2 12
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6184
Federal Register / Vol. 85, No. 23 / Tuesday, February 4, 2020 / Notices
Board of Governors of the Federal Reserve
System, January 30, 2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020–02136 Filed 2–3–20; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Savings
and Loan Holding Company
khammond on DSKJM1Z7X2PROD with NOTICES
The notificants listed below have
applied under the Change in Bank
Control Act (‘‘Act’’) (12 U.S.C. 1817(j))
and of the Board’s Regulation LL (12
CFR 238.31) to acquire shares of a
savings and loan holding company. The
factors that are considered in acting on
the notices are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
The applications listed below, as well
as other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank indicated. The
applications also will 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 paragraph 7 of
the Act.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than February 20, 2020.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Cascade Investment, L.L.C.,
Kirkland, Washington, and sole member
William H. Gates III, Medina,
Washington; to retain over 10 percent of
the voting shares of Deere & Company
Inc., Moline, Illinois, and thereby
indirectly retain over 10 percent of the
voting shares of John Deere Financial,
F.S.B., Madison, Wisconsin.
Board of Governors of the Federal Reserve
System, January 30, 2020.
Ann Misback,
Secretary of the Board.
[FR Doc. 2020–02121 Filed 2–3–20; 8:45 am]
BILLING CODE P
VerDate Sep<11>2014
17:48 Feb 03, 2020
Jkt 250001
FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
The notificants listed below have
applied under the Change in Bank
Control Act (Act) (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
notices are set forth in paragraph 7 of
the Act (12 U.S.C. 1817(j)(7)).
The applications listed below, as well
as other related filings required by the
Board, if any, 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 paragraph 7 of
the Act.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than February 19, 2020.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. Forsyth Equity Partners, LP, and its
general partner Rakesh Alla, both of
Rock Island, Illinois; to acquire voting
shares of AmBank Holdings, Inc., and
thereby indirectly acquire voting shares
of American Bank and Trust Company,
N.A, both of Davenport, Iowa.
B. Federal Reserve Bank of Kansas
City (Dennis Denney, Assistant Vice
President) 1 Memorial Drive, Kansas
City, Missouri 64198–0001:
1. Lois D. Fenster, individually, and as
co-trustee of The Lois D. Fenster Living
Trust; co-trustee of The Stephen R.
Fenster Living Trust; general partner of
The Fenster Family Partnership, L.P.;
and co-owner (along with Pamela
Jennison) of Jennison Investments, Inc.,
which serves as general partner of The
Jennison Family Partnership, L.P., all of
Healy, Kansas; to retain voting shares of
Security Bancshares, Inc., Scott City,
Kansas and thereby indirectly retain
voting shares of Farmers & Merchants
Bank of Colby, Colby, Kansas; Security
State Bank, Scott City, Kansas; and The
Farmers State Bank of Oakley, Oakley,
Kansas. Additionally, The Fenster
Family Partnership, L.P.; The Jennison
Family Partnership, L.P.; The Lois D.
Fenster Living Trust, Stephen Fenster,
PO 00000
Frm 00044
Fmt 4703
Sfmt 4703
as co-trustee; The Stephen R. Fenster
Living Trust, Stephen Fenster, as cotrustee, all of Healy, Kansas; Danielle E.
Demuth, Pratt, Kansas; Kurt A. Fenster,
Indianapolis, Indiana; Neil S. Wilson,
Healy, Kansas; and Paul A. Wilson,
Stratford, Oklahoma to be approved as
members of the Fenster/Jennison Family
Group, and to retain voting shares of
Security Bancshares, Inc., and thereby
indirectly retain voting shares of
Farmers & Merchants Bank of Colby,
Security State Bank, and The Farmers
State Bank of Oakley.
Board of Governors of the Federal Reserve
System, January 30, 2020.
Ann Misback,
Secretary of the Board.
[FR Doc. 2020–02120 Filed 2–3–20; 8:45 am]
BILLING CODE P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission to the Office of
Management and Budget for Review
and Approval; Comment Request
Federal Trade Commission.
Notice and request for comment.
AGENCY:
ACTION:
The Federal Trade
Commission (‘‘FTC’’ or ‘‘Commission’’)
requests that the Office of Management
and Budget (‘‘OMB’’) extend for an
additional three years the current
Paperwork Reduction Act (‘‘PRA’’)
clearance for its shared enforcement
authority with the Consumer Financial
Protection Bureau (‘‘CFPB’’) for
information collection requirements
contained in the CFPB’s Regulation O.
That clearance expires on February 29,
2020.
DATES: Comments must be submitted on
or before March 6, 2020.
ADDRESSES: Comments in response to
this notice should be submitted to the
OMB Desk Officer for the Federal Trade
Commission within 30 days of this
notice. You may submit comments
using any of the following methods:
Electronic: Write ‘‘MARS (Regulation
O) PRA Comment, FTC File No.
P134812’’ on your comment and file
your comment online at https://
www.regulations.gov, by following the
instructions on the web-based form.
Email: MBX.OMB.OIRA.Submission@
OMB.eop.gov.
Mail: Office of Information and
Regulatory Affairs, Office of
Management and Budget, Attention:
Desk Officer for the Federal Trade
Commission, New Executive Office
Building, Docket Library, Room 10102,
725 17th Street NW, Washington, DC
20503.
SUMMARY:
E:\FR\FM\04FEN1.SGM
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]]>Agencies
[Federal Register Volume 85, Number 23 (Tuesday, February 4, 2020)]
[Notices]
[Pages 6183-6184]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-02136]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Announcement of Board
Approval Under Delegated Authority and Submission to OMB
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
is adopting a proposal to extend for three years, with revision, the
Intermittent Survey of Businesses (FR 1374; OMB No. 7100-0302). The
revisions are applicable March 5, 2020.
FOR FURTHER INFORMATION CONTACT: 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.
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.
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.
These documents also are available on the Federal Reserve 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 above.
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. Board-
approved collections of information are incorporated into the official
OMB inventory of currently approved collections of information. Copies
of the PRA Submission, supporting statements, and approved collection
of information instrument(s) are placed into OMB's public docket files.
Final Approval Under OMB Delegated Authority of the Extension for Three
Years, With Revision, of the Following Information Collection
Report title: Intermittent Survey of Businesses.
Agency form number: FR 1374.
OMB control number: 7100-0302.
Effective Date: The revisions are effective March 5, 2020.
Frequency: On occasion.
Respondents: Businesses and state and local governments.
Estimated number of respondents: 720.
Estimated average hours per response: 15 minutes.
Estimated annual burden hours: 540.
General description of report: The survey data are used to gather
information specifically tailored to the Federal Reserve's policy and
operational responsibilities. Currently, this event-generated survey is
approved to operate in two ways. First, under the guidance of Board
staff, the Reserve Banks survey business contacts as economic
developments warrant. Although each survey is contemplated to have
approximately 2,400 business respondents (about 200 respondents per
Reserve Bank), surveys in recent years have had far fewer respondents;
occasionally, state and local government officials are surveyed rather
than business, in which case there are also far fewer respondents. It
is necessary to conduct these surveys to provide timely information to
the members of the Board and presidents of the Reserve Banks. Usually,
these surveys are conducted by Reserve Bank economists telephoning or
emailing purchasing managers, economists, or other knowledgeable
individuals at selected, relevant businesses. Reserve Bank staff may
also use online survey tools to collect responses to the survey. The
frequency and content of the questions, as well as the entities
contacted, vary depending on developments in the economy. The draft
reporting form provides a sample of the types of questions used in a
previous survey to illustrate the format of these surveys. Second,
economists at the Board survey business contacts by telephone,
inquiring about current business conditions. Board economists conduct
these surveys as economic conditions require, with approximately ten
respondents for each survey.
Legal authorization and confidentiality: The FR 1374 is authorized
by 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.'' \1\
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.'' \2\ In order to carry out these objectives, the Board must
collect economic data, including by using the FR 1374. Survey
submissions are voluntary.
---------------------------------------------------------------------------
\1\ 12 U.S.C. 225a.
\2\ 12 U.S.C. 263(c).
---------------------------------------------------------------------------
Individual respondents may request that information submitted to
the Board through a survey under FR 1374 be kept confidential. If a
respondent requests confidential treatment, the Board will determine
whether the information is entitled to confidential treatment on a
case-by-case basis under exemption 4 of the Freedom of Information Act
(FOIA), which protects privileged or confidential commercial or
financial information,\3\ or any other applicable FOIA exemption.
---------------------------------------------------------------------------
\3\ 5 U.S.C. 552(b)(4).
---------------------------------------------------------------------------
Current actions: On October 25, 2019, the Board published a notice
in the Federal Register (84 FR 57428) requesting public comment for 60
days on the extension, with revision, of the FR 1374. For surveys
conducted by the Reserve Banks at the direction of the Board, the Board
proposes to decrease the number of respondents from 2,400 to 720 (an
average of 60 per Reserve Bank). This decrease better reflects the
actual number of respondents in recent years. In addition, the Board
proposes to discontinue the surveys conducted solely by the Board, as
they have not been conducted in recent years and are not anticipated to
be needed in the future. The comment period for this notice expired on
December 24, 2019. The Board did not receive any comments.
[[Page 6184]]
Board of Governors of the Federal Reserve System, January 30,
2020.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2020-02136 Filed 2-3-20; 8:45 am]
BILLING CODE 6210-01-P
