Sunshine Act Meeting, 1147 [2022-00350]

Download as PDF Federal Register / Vol. 87, No. 6 / Monday, January 10, 2022 / Notices unbundling obligations in a more targeted manner where requesting carriers have undertaken their own facilities-based investments and will be using UNEs (unbundled network elements) in conjunction with selfprovisioned facilities. The Commission also eliminated the subdelegation of authority to state commissions adopted in the previous order. Prior to the issuance of the Order, the Commission sought comment on issues relating to combinations of UNEs, called ‘‘enhanced extended links’’ (EELs), in order to effectively tailor access to EELs to those carriers seeking to provide significant local usage to end users. In the Order, the Commission adopted three specific service eligibility criteria for access to EELs in accordance with Commission rules. Federal Communications Commission. Katura Jackson, Federal Register Liaison, Office of the Secretary. [FR Doc. 2022–00141 Filed 1–7–22; 8:45 am] BILLING CODE 6712–01–P FEDERAL ELECTION COMMISSION Sunshine Act Meeting khammond on DSKJM1Z7X2PROD with NOTICES TIME AND DATE: Thursday, January 13, 2022 at 10:00 a.m. PLACE: Virtual meeting. Note: because of the COVID–19 pandemic, we will conduct the open meeting virtually. If you would like to access the meeting, see the instructions below. STATUS: This meeting will be open to the public. To access the virtual meeting, go to the commission’s website www.fec.gov and click on the banner to be taken to the meeting page. MATTERS TO BE CONSIDERED: Welcoming Remarks Motion to Instruct Staff to Prepare an Amended Form 1 Acknowledging Independent Expenditure-Only and Hybrid Committees Draft Advisory Opinion 2021–13: Matthew P. Hoh Management and Administrative Matters CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Authority: Government in the Sunshine Act, 5 U.S.C. 552b. Laura E. Sinram, Acting Secretary and Clerk of the Commission. [FR Doc. 2022–00350 Filed 1–6–22; 4:15 pm] BILLING CODE 6715–01–P VerDate Sep<11>2014 18:16 Jan 07, 2022 Jkt 256001 FEDERAL HOUSING FINANCE AGENCY [No. 2022–N–1] Notice of Annual Adjustment of the Cap on Average Total Assets That Defines Community Financial Institutions Federal Housing Finance Agency. ACTION: Notice. AGENCY: The Federal Housing Finance Agency (FHFA) has adjusted the cap on average total assets that is used in determining whether a Federal Home Loan Bank (Bank) member qualifies as a ‘‘community financial institution’’ (CFI) to $1,323,000,000, based on the annual percentage increase in the Consumer Price Index for all urban consumers (CPI–U), as published by the Department of Labor (DOL). These changes took effect on January 1, 2022. FOR FURTHER INFORMATION CONTACT: Janna Bruce, Division of Federal Home Loan Bank Regulation, (202) 649–3202, Janna.Bruce@fhfa.gov; or Lindsay Spadoni, Senior Counsel, (202) 649– 3634, Lindsay.Spadoni@fhfa.gov, (not toll-free numbers), Federal Housing Finance Agency, Constitution Center, 400 Seventh Street SW, Washington, DC 20219. SUPPLEMENTARY INFORMATION: SUMMARY: I. Statutory and Regulatory Background The Federal Home Loan Bank Act (Bank Act) confers upon insured depository institutions that meet the statutory definition of a CFI certain advantages over non-CFI insured depository institutions in qualifying for Bank membership, and in the purposes for which they may receive long-term advances and the collateral they may pledge to secure advances.1 Section 2(10)(A) of the Bank Act and § 1263.1 of FHFA’s regulations define a CFI as any Bank member the deposits of which are insured by the Federal Deposit Insurance Corporation and that has average total assets below the statutory cap.2 The Bank Act was amended in 2008 to set the statutory cap at $1 billion and to require FHFA to adjust the cap annually to reflect the percentage increase in the CPI–U, as published by the DOL.3 For 2021, FHFA set the CFI asset cap at $1,239,000,000, which reflected a 1.2 percent increase 1 See 12 U.S.C. 1424(a), 1430(a). 12 U.S.C. 1422(10)(A); 12 CFR 1263.1. 3 See 12 U.S.C. 1422(10)(B); 12 CFR 1263.1 (defining the term ‘‘CFI asset cap’’). 2 See PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 1147 over 2020, based upon the increase in the CPI–U between 2019 and 2020.4 II. The CFI Asset Cap for 2022 As of January 1, 2022, FHFA increased the CFI asset cap to $1,323,000,000, which reflects a 6.8 percent increase in the unadjusted CPI– U from November 2020 to November 2021. Consistent with the practice of other Federal agencies, FHFA bases the annual adjustment to the CFI asset cap on the percentage increase in the CPI– U from November of the year prior to the preceding calendar year to November of the preceding calendar year, because the November figures represent the most recent available data as of January 1st of the current calendar year. The new CFI asset cap was obtained by applying the percentage increase in the CPI–U to the unrounded amount for the preceding year and rounding to the nearest million, as has been FHFA’s practice for all previous adjustments. In calculating the CFI asset cap, FHFA uses CPI–U data that have not been seasonally adjusted (i.e., the data have not been adjusted to remove the estimated effect of price changes that normally occur at the same time and in about the same magnitude every year). The DOL encourages use of unadjusted CPI–U data in applying ‘‘escalation’’ provisions such as that governing the CFI asset cap, because the factors that are used to seasonally adjust the data are amended annually, and seasonally adjusted data that are published earlier are subject to revision for up to five years following their original release. Unadjusted data are not routinely subject to revision, and previously published unadjusted data are only corrected when significant calculation errors are discovered. Louis M. Scalza, Acting Deputy Director, Division of Federal Home Loan Bank Regulation, Federal Housing Finance Agency. [FR Doc. 2022–00197 Filed 1–7–22; 8:45 am] BILLING CODE 8070–01–P 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 4 See E:\FR\FM\10JAN1.SGM 86 FR 6650 (Jan. 22, 2021). 10JAN1

Agencies

[Federal Register Volume 87, Number 6 (Monday, January 10, 2022)]
[Notices]
[Page 1147]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00350]


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FEDERAL ELECTION COMMISSION


Sunshine Act Meeting

TIME AND DATE: 
    Thursday, January 13, 2022 at 10:00 a.m.

PLACE: 
    Virtual meeting. Note: because of the COVID-19 pandemic, we will 
conduct the open meeting virtually. If you would like to access the 
meeting, see the instructions below.

STATUS: 
    This meeting will be open to the public. To access the virtual 
meeting, go to the commission's website www.fec.gov and click on the 
banner to be taken to the meeting page.

MATTERS TO BE CONSIDERED: 
Welcoming Remarks
Motion to Instruct Staff to Prepare an Amended Form 1 Acknowledging 
Independent Expenditure-Only and Hybrid Committees
Draft Advisory Opinion 2021-13: Matthew P. Hoh
Management and Administrative Matters

CONTACT PERSON FOR MORE INFORMATION: Judith Ingram, Press Officer, 
Telephone: (202) 694-1220.
    Authority: Government in the Sunshine Act, 5 U.S.C. 552b.

Laura E. Sinram,
Acting Secretary and Clerk of the Commission.
[FR Doc. 2022-00350 Filed 1-6-22; 4:15 pm]
BILLING CODE 6715-01-P