Government in the Sunshine Meeting Notice, 58056-58057 [2020-20591]

Download as PDF 58056 Federal Register / Vol. 85, No. 181 / Thursday, September 17, 2020 / Notices 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, without revision, the Surveys of Consumer and Community Affairs Publications and Resources (FR 1378; OMB No. 7100–0358). 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 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. jbell on DSKJLSW7X2PROD with NOTICES AGENCY: Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection Report title: Surveys of Consumer and Community Affairs Publications and Resources. Agency form number: FR 1378. OMB control number: 7100–0358. Frequency: As needed. VerDate Sep<11>2014 17:37 Sep 16, 2020 Jkt 250001 Respondents: Individuals, businesses, non-profit institutions, government entities, and other Board stakeholders. Estimated number of respondents: Consumer surveys, quantitative: 1,000; consumer surveys, qualitative: 50; stakeholder surveys, quantitative: 800; stakeholder surveys, qualitative: 50. Estimated average hours per response: Consumer surveys, quantitative: 0.25; consumer surveys, qualitative: 1.5; stakeholder surveys, quantitative: 0.25; stakeholder surveys, qualitative: 1.5. Estimated annual burden hours: Consumer surveys, quantitative: 500; consumer surveys, qualitative: 300; stakeholder surveys, quantitative: 1,200; stakeholder surveys, qualitative: 300; total: 2,300. General description of report: The Board uses this collection to seek input from users or potential users of the Board’s publications, resources, and conference materials to understand their interests and needs; to inform decisions concerning content, design, and dissemination strategies; to gauge public awareness of the Board’s publications, resources, and conferences; and to assess the effectiveness of the Board’s communications with various respondents. The surveys in this collection are used to gather qualitative and quantitative information directly from users or potential users of Board publications, resources, and conference materials, such as consumers (consumer surveys) and stakeholders (stakeholder surveys). Stakeholders may include, but are not limited to, nonprofits, community development organizations, consumer groups, conference attendees, financial institutions and other financial companies offering consumer financial products and services, other for profit companies, state or local agencies, and researchers from academic, government, policy, and other institutions. The frequency of the survey and content of the questions will vary as needs arise for feedback on different resources and from different audiences. Legal authorization and confidentiality: The FR 1378 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 the maximum employment, stable prices, and moderate long-term interest rates.’’ Under section 12A of the FRA, the FOMC is required to implement regulations relating to the PO 00000 Frm 00024 Fmt 4703 Sfmt 4703 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.’’ The information collection under the FR 1378 is used to fulfill these obligations. In addition, the Board is responsible for implementing and drafting regulations and interpretations for various consumer protection laws. The information obtained from the FR 1378 may be used in support of the Board’s development and implementation of regulatory provisions for these laws. Therefore, depending on the survey questions asked, the FR 1378 may be authorized pursuant to the Board’s authority under one or more of those consumer protection statutes. The information collected under FR 1378 is not confidential. Current actions: On May 11, 2020, the Board published a notice in the Federal Register (85 FR 27740) requesting public comment for 60 days on the extension, without revision, of the FR 1378. The comment period for this notice expired on July 10, 2020. The Board did not receive any comments. Board of Governors of the Federal Reserve System, September 14, 2020. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2020–20505 Filed 9–16–20; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Government in the Sunshine Meeting Notice Board of Governors of the Federal Reserve System. TIME AND DATE: September 21, 2020 at 10:00 a.m. PLACE: Virtual Webcast Meeting. The meeting is open to the public, but due to the current coronavirus pandemic, the public may observe this Board meeting via a live webcast on the Board’s website. STATUS: Open. On the day of the meeting, you will be able to view the meeting via a live webcast from a link available on the Board’s website. You do not need to register to view the webcast of the meeting. A link to the meeting documentation will also be available approximately 20 minutes before the start of the meeting. Both links may be accessed from the Board’s website at www.federalreserve.gov. AGENCY HOLDING THE MEETING: E:\FR\FM\17SEN1.SGM 17SEN1 Federal Register / Vol. 85, No. 181 / Thursday, September 17, 2020 / Notices For media inquiries, please call 202– 452–2955. If you need an accommodation for a disability, please contact Penelope Beattie on 202–375– 1103. For the hearing impaired only, please use the Telecommunication Device for the Deaf (TDD) on 202–263– 4869. MATTERS TO BE CONSIDERED: Discussion Agenda 1. Advance Notice of Proposed Rulemaking on the Community Reinvestment Act Regulation. The documentation package (staff memos to the Board and background materials) will be available on the Board’s website approximately 20 minutes before the start of the meeting. Due to the current pandemic, no paper copies will be available. A recording and electronic transcript of the meeting will be available after the meeting on the Board’s website. http:// www.federalreserve.gov/aboutthefed/ boardmeetings/. CONTACT PERSON FOR MORE INFORMATION: Michelle Smith, Director, or Susan Stawick, Sr. Media Relations Specialist, Division of Board Members at 202–452– 2955. You may access the Board’s website at www.federalreserve.gov for an electronic announcement. (The website also includes procedural and other information about the open meeting.) Dated: September 14, 2020. Ann Misback, Secretary of the Board. [FR Doc. 2020–20591 Filed 9–15–20; 4:15 pm] 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 ad hoc clearance for the Survey of Household Economics and Decisionmaking (SHED) (FR 3077; OMB No. 7100–0374). The revisions are effective immediately. 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. jbell on DSKJLSW7X2PROD with NOTICES AGENCY: VerDate Sep<11>2014 17:37 Sep 16, 2020 Jkt 250001 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 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: Survey of Household Economics and Decisionmaking (SHED). Agency form number: FR 3077. OMB control number: 7100–0374. Effective Date: The revisions are effective immediately. Frequency: Annually; On occasion. Respondents: The Board expects that the respondents would include a nationally representative sample of noninstitutionalized individuals 1 who are 18 years of age and older. Due to the nature of the third-party vendor’s respondent pool, this sample naturally includes repeat respondents, which allows for evaluating changes in respondents’ economic conditions, as well as time series analysis. In 2019, the Board changed how respondents were selected to participate in the SHED questionnaire to more closely reflect a nationally representative sample. Thus, effective with the 2019 questionnaire, the respondent panel no longer contained a 1 Non-institutionalized individuals refers to individuals who are not inmates of institutions, such as those who are incarcerated or live in a retirement home, hospital, or other medical institution, as well as active duty military. PO 00000 Frm 00025 Fmt 4703 Sfmt 4703 58057 low- and moderate-income oversample. Instead, the same number of respondents were interviewed but those respondents were drawn as a random sample of adults, rather than by attempting to sample a disproportionate share of low- and moderate-income adults. This change was made to obtain a respondent sample that more closely reflects the overall adult population and to reflect that these deviations from a nationally representative sample were no longer necessary for analyses of these populations given the current size of the SHED respondent pool. Effective with the 2018 SHED questionnaire, the respondent panel also no longer included an explicit sample of repeat respondents. Because approximately one-fifth of the vendor’s total online respondent pool for the questionnaire is already comprised of repeat respondents, a substantial fraction of questionnaire respondents are repeat respondents without the need to have an explicit repeat sample. The Board plans to continue to sample a nationally representative pool of respondents without an oversample of low- and moderate-income individuals and without an explicit repeat sample group. Estimated number of respondents: Quantitative survey, 21,500 respondents; qualitative survey, 30 respondents. Estimated average hours per response: Quantitative survey, 0.35; qualitative survey, 2. Estimated annual burden hours: Quantitative survey, 7,525; qualitative survey, 180. General description of report: The FR 3077 questionnaire is used to collect insightful information from consumers concerning the well-being of U.S. households and how individuals and their families are faring in the economy. The collected information could be used for the Board’s Report on the Economic Well-Being of U.S. Households; Board studies or working papers; professional journals; the Federal Reserve Bulletin; testimony and reports to the Congress; or other vehicles. The SHED questionnaire includes such topics as individuals’ overall financial wellbeing, employment experiences, income and savings behaviors, economic preparedness, access to banking and credit, housing and living arrangement decisions, education and human capital, student loans, and retirement planning. The overall content of the SHED questionnaire depends on changing economic, regulatory, or legislative developments as well as changes in the financial services industry. E:\FR\FM\17SEN1.SGM 17SEN1

Agencies

[Federal Register Volume 85, Number 181 (Thursday, September 17, 2020)]
[Notices]
[Pages 58056-58057]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-20591]


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FEDERAL RESERVE SYSTEM


Government in the Sunshine Meeting Notice

AGENCY HOLDING THE MEETING: Board of Governors of the Federal Reserve 
System.

TIME AND DATE: September 21, 2020 at 10:00 a.m.

PLACE: Virtual Webcast Meeting. The meeting is open to the public, but 
due to the current coronavirus pandemic, the public may observe this 
Board meeting via a live webcast on the Board's website.

STATUS: Open.
    On the day of the meeting, you will be able to view the meeting via 
a live webcast from a link available on the Board's website. You do not 
need to register to view the webcast of the meeting. A link to the 
meeting documentation will also be available approximately 20 minutes 
before the start of the meeting. Both links may be accessed from the 
Board's website at www.federalreserve.gov.

[[Page 58057]]

    For media inquiries, please call 202-452-2955. If you need an 
accommodation for a disability, please contact Penelope Beattie on 202-
375-1103. For the hearing impaired only, please use the 
Telecommunication Device for the Deaf (TDD) on 202-263-4869.

MATTERS TO BE CONSIDERED: 

Discussion Agenda

    1. Advance Notice of Proposed Rulemaking on the Community 
Reinvestment Act Regulation.
    The documentation package (staff memos to the Board and background 
materials) will be available on the Board's website approximately 20 
minutes before the start of the meeting. Due to the current pandemic, 
no paper copies will be available.
    A recording and electronic transcript of the meeting will be 
available after the meeting on the Board's website. http://www.federalreserve.gov/aboutthefed/boardmeetings/.

CONTACT PERSON FOR MORE INFORMATION: Michelle Smith, Director, or Susan 
Stawick, Sr. Media Relations Specialist, Division of Board Members at 
202-452-2955.
    You may access the Board's website at www.federalreserve.gov for an 
electronic announcement. (The website also includes procedural and 
other information about the open meeting.)

    Dated: September 14, 2020.
Ann Misback,
Secretary of the Board.
[FR Doc. 2020-20591 Filed 9-15-20; 4:15 pm]
BILLING CODE 6210-01-P