[Federal Register Volume 73, Number 98 (Tuesday, May 20, 2008)]
[Notices]
[Pages 29135-29136]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-11161]


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FEDERAL RESERVE SYSTEM


Consumer Advisory Council; Notice of Meeting of the Consumer 
Advisory Council

    The Consumer Advisory Council will meet on Thursday, June 19, 2008. 
The meeting, which will be open to public observation, will take place 
at the Federal Reserve Board's offices in Washington, DC, in Dining 
Room E on the Terrace Level of the Martin Building. Anyone planning to 
attend the meeting should, for security purposes, register no later 
than Tuesday, June 17, by completing the form found online at: https://www.federalreserve.gov/secure/forms/cacregistration.cfm.
    Additionally, attendees must present photo identification to enter 
the building.
    The meeting will begin at 9 a.m. and is expected to conclude at 1 
p.m. The

[[Page 29136]]

Martin Building is located on C Street, NW., between 20th and 21st 
Streets.
    The Council's function is to advise the Board on the exercise of 
the Board's responsibilities under various consumer financial services 
laws and on other matters on which the Board seeks its advice. Time 
permitting, the Council will discuss the following topics:
     Proposed rules regarding credit cards and overdraft 
services.
    Members will discuss the Board's proposal under the Federal Trade 
Commission Act to prohibit unfair or deceptive acts or practices by 
banks in connection with credit card accounts and overdraft services 
for deposit accounts. The proposed changes to the Board's Regulation AA 
(Unfair or Deceptive Acts or Practices) would be complemented by 
separate proposals under the Truth in Lending Act (Regulation Z) and 
the Truth in Savings Act (Regulation DD).
     Proposed rules on risk-based pricing notices.
    Members will discuss proposed regulations that generally would 
require a creditor to provide a consumer with a risk-based pricing 
notice when, based in whole or in part on the consumer's credit report, 
the creditor offers or provides credit to the consumer on terms less 
favorable than those it offers or provides to other consumers. The 
proposal would implement section 311 of the Fair and Accurate Credit 
Transactions Act of 2003, which amends the Fair Credit Reporting Act.
    Reports by committees and other matters initiated by Council 
members also may be discussed.
    Persons wishing to submit views to the Council on any of the above 
topics may do so by sending written statements to Jennifer Kerslake, 
Secretary of the Consumer Advisory Council, Division of Consumer and 
Community Affairs, Board of Governors of the Federal Reserve System, 
Washington, DC 20551. Information about this meeting may be obtained 
from Ms. Kerslake, 202-452-6470.

    Board of Governors of the Federal Reserve System, May 14, 2008.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E8-11161 Filed 5-19-08; 8:45 am]
BILLING CODE 6210-01-P