[Federal Register Volume 84, Number 56 (Friday, March 22, 2019)]
[Notices]
[Pages 10799-10800]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05453]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Renewal of Academic Research Council

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau), after 
consultation with the Committee Management Secretariat of the General 
Services Administration, will renew the Academic Research Council (the 
committee or the ARC) effective on March 21, 2019. The ARC will (1) 
provide the Bureau with advice about its strategic research planning 
process and research agenda, including views on the research that the 
Bureau should conduct relating to consumer financial products or 
services, consumer behavior, cost-benefit analysis, or other topics to 
enable the agency to further its statutory purposes and objectives; 
and, (2) provide the Office of Research with

[[Page 10800]]

technical advice and feedback on research methodologies, data 
collection strategies, and methods of analysis, including methodologies 
and strategies for quantifying the costs and benefits of regulatory 
actions, and provide the Bureau's Office of Research with advice and 
feedback on research methodologies, framing research questions, data 
collection, and analytic strategies.

FOR FURTHER INFORMATION CONTACT: Matt Cameron, Acting Staff Director, 
Office of Advisory Board and Councils, External Affairs, at 202-435-
7708, or [email protected]. If you require this document in an 
alternative electronic format, please contact 
[email protected].

SUPPLEMENTARY INFORMATION: In accordance with the provisions of the 
Federal Advisory Committee Act (FACA) (5 U.S.C. App.), the Bureau of 
Consumer Financial Protection hereby gives notice of renewal of the 
Academic Research Council. The ARC is a discretionary committee being 
renewed for the purposes of compliance with FACA. This committee is 
being renewed concurrently with the publication of this notice by 
filing a charter with the Director of the Bureau, the Committee 
Management Secretariat of the General Services Administration, the 
Library of Congress, the Committee on Banking, Housing, and Urban 
Affairs of the United States Senate, and the Committee on Financial 
Services of the United States House of Representatives. The charter 
will also be posted on the Bureau's website at www.consumerfinance.gov. 
This charter will expire two years after the filing date unless renewed 
by appropriate action.
    The ARC will (1) provide the Bureau with advice about its strategic 
research planning process and research agenda, including views on the 
research that the Bureau should conduct relating to consumer financial 
products or services, consumer behavior, cost-benefit analysis, or 
other topics to enable the agency to further its statutory purposes and 
objectives; and, (2) provide the Office of Research with technical 
advice and feedback on research methodologies, data collection 
strategies, and methods of analysis, including methodologies and 
strategies for quantifying the costs and benefits of regulatory 
actions. The duties of the committee are solely advisory and shall 
extend only to the submission of advice and recommendations to the 
Bureau. No determination of fact or policy will be made by the 
committee, and the committee will have no formal decision-making role.
    In appointing members to the ARC, the Director shall seek to 
assemble members who are economic experts and academics with diverse 
points of view; such as experienced economists with a strong research 
and publishing background, and a record of involvement in research and 
public policy, including public or academic service. Additionally, 
members should be prominent experts who are recognized for their 
professional achievements and rigorous economic analysis including 
those specializing in household finance, finance, financial education, 
labor economics, industrial organization, public economics, and law and 
economics; and experts from related social sciences related to the 
Bureau's mission. In particular, the Director will seek to identify 
academics with strong methodological and technical expertise in 
structural or reduced form econometrics; modeling of consumer decision-
making; survey and random controlled trial methods; benefit cost 
analysis, welfare economics and program evaluation; or marketing.
    The ARC shall consist of approximately eight members serving two-
year terms. All members appointed by the Director shall serve at the 
pleasure of the Director. Committee members will be designated as 
special government employees (SGEs). Equal opportunity practices in 
accordance with the Bureau's policies shall be followed in all 
appointments to the committee.

    Dated: March 18, 2019.
Kirsten Sutton,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2019-05453 Filed 3-21-19; 8:45 am]
 BILLING CODE 4810-AM-P