Notice of Charter Renewal for the Financial Research Advisory Committee, 6945 [2022-02424]
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Federal Register / Vol. 87, No. 25 / Monday, February 7, 2022 / Notices
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Dated: February 2, 2022.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2022–02516 Filed 2–4–22; 8:45 am]
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DEPARTMENT OF THE TREASURY
Notice of Charter Renewal for the
Financial Research Advisory
Committee
Office of Financial Research,
Department of the Treasury.
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ACTION:
Notice of charter renewal.
The charter for the Financial
Research Advisory Committee has been
renewed for a two-year period beginning
January 26, 2022.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Melissa Avstreih, Designated Federal
Officer, Office of Financial Research,
Department of the Treasury, 1500
Pennsylvania Avenue NW, Washington,
DC 20220, (202) 927–8032 (this is not a
toll-free number), or OFR_FRAC@
ofr.treasury.gov. Persons who have
difficulty hearing or speaking may
access this number via TTY by calling
the toll-free Federal Relay Service at
800–877–8339.
Pursuant
to the Federal Advisory Committee Act,
(Pub. L. 92–463, 5 U.S.C. App. 2 § 1–16,
as amended), the Treasury Department
established a Financial Research
Advisory Committee (Committee) to
provide advice and recommendations to
the Office of Financial Research (OFR)
and to assist the OFR in carrying out its
duties and authorities.
SUPPLEMENTARY INFORMATION:
(I) Authorities of the OFR
The OFR was established under Title
I of the Dodd-Frank Wall Street Reform
and Consumer Protection Act (Pub. L.
111–203, July 21, 2010). The purpose of
the OFR is to support the Financial
Stability Oversight Council (Council) in
fulfilling the purposes and duties of the
Council and to support the Council’s
member agencies by:
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6945
—Collecting data on behalf of the
Council, and providing such data to
the Council and member agencies;
—Standardizing the types and formats
of data reported and collected;
—Performing applied research and
essential long-term research;
—Developing tools for risk
measurement and monitoring;
—Performing other related services;
—Making the results of the activities of
the OFR available to financial
regulatory agencies; and
—Assisting such member agencies in
determining the types and formats of
data authorized by the Dodd-Frank
Act to be collected by such member
agencies.
(II) Scope of the Committee
The Committee was established to
advise the OFR on issues related to the
responsibilities of the office. It may
provide its advice, recommendations,
analysis, and information directly to the
OFR and the OFR may share the
Committee’s advice and
recommendations with the Secretary of
the Treasury or other Treasury officials.
The OFR will share information with
the Committee as the Director
determines will be helpful in allowing
the Committee to carry out its role. The
Committee charter was renewed for a
two-year term on January 26, 2022.
James Martin,
Deputy Director, Operations, Office of
Financial Research.
[FR Doc. 2022–02424 Filed 2–4–22; 8:45 am]
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]]>Agencies
[Federal Register Volume 87, Number 25 (Monday, February 7, 2022)]
[Notices]
[Page 6945]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02424]
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DEPARTMENT OF THE TREASURY
Notice of Charter Renewal for the Financial Research Advisory
Committee
AGENCY: Office of Financial Research, Department of the Treasury.
ACTION: Notice of charter renewal.
-----------------------------------------------------------------------
SUMMARY: The charter for the Financial Research Advisory Committee has
been renewed for a two-year period beginning January 26, 2022.
FOR FURTHER INFORMATION CONTACT: Melissa Avstreih, Designated Federal
Officer, Office of Financial Research, Department of the Treasury, 1500
Pennsylvania Avenue NW, Washington, DC 20220, (202) 927-8032 (this is
not a toll-free number), or [email protected]. Persons who have
difficulty hearing or speaking may access this number via TTY by
calling the toll-free Federal Relay Service at 800-877-8339.
SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee
Act, (Pub. L. 92-463, 5 U.S.C. App. 2 Sec. 1-16, as amended), the
Treasury Department established a Financial Research Advisory Committee
(Committee) to provide advice and recommendations to the Office of
Financial Research (OFR) and to assist the OFR in carrying out its
duties and authorities.
(I) Authorities of the OFR
The OFR was established under Title I of the Dodd-Frank Wall Street
Reform and Consumer Protection Act (Pub. L. 111-203, July 21, 2010).
The purpose of the OFR is to support the Financial Stability Oversight
Council (Council) in fulfilling the purposes and duties of the Council
and to support the Council's member agencies by:
--Collecting data on behalf of the Council, and providing such data to
the Council and member agencies;
--Standardizing the types and formats of data reported and collected;
--Performing applied research and essential long-term research;
--Developing tools for risk measurement and monitoring;
--Performing other related services;
--Making the results of the activities of the OFR available to
financial regulatory agencies; and
--Assisting such member agencies in determining the types and formats
of data authorized by the Dodd-Frank Act to be collected by such member
agencies.
(II) Scope of the Committee
The Committee was established to advise the OFR on issues related
to the responsibilities of the office. It may provide its advice,
recommendations, analysis, and information directly to the OFR and the
OFR may share the Committee's advice and recommendations with the
Secretary of the Treasury or other Treasury officials.
The OFR will share information with the Committee as the Director
determines will be helpful in allowing the Committee to carry out its
role. The Committee charter was renewed for a two-year term on January
26, 2022.
James Martin,
Deputy Director, Operations, Office of Financial Research.
[FR Doc. 2022-02424 Filed 2-4-22; 8:45 am]
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