[Federal Register Volume 84, Number 99 (Wednesday, May 22, 2019)]
[Notices]
[Page 23567]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10662]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: 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 
Application Form for Membership on the Community Advisory Council (FR 
1401; OMB 7100-0371).

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. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.
    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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collection of information requests and 
requirements conducted or sponsored by the Board. Board-approved 
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. 
The Board may not conduct or sponsor, and the respondent is not 
required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following information collection:
    Report title: Application Form for Membership on the Community 
Advisory Council.
    Agency form number: FR 1401.
    OMB control number: 7100-0371.
    Frequency: Annually.
    Respondents: Applicants who seek to be considered for Community 
Advisory Council membership.
    Estimated number of respondents: 314.
    Estimated average hours per response: 1.
    Estimated annual burden hours: 314.
    General description of report: The Application Form for Membership 
on the Community Advisory Council (Application) is used to obtain 
information about the experience and qualifications of persons seeking 
to be considered for membership on the Board's Community Advisory 
Council (CAC).
    Legal authorization and confidentiality: The Application is 
authorized pursuant to the Board's general authority to establish the 
CAC, which is derived from sections 2A and 10 of the Federal Reserve 
Act (FRA). Section 2A of the FRA requires the Board and the Federal 
Open Market Committee to 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 maximum 
employment, stable prices, and moderate long-term interest rates (12 
U.S.C. 225a). Section 10 of the FRA authorizes the Board to ``determine 
and prescribe the manner in which its obligations shall be incurred and 
its disbursements and expenses allowed and paid'' (12 U.S.C. 244). The 
obligation to respond is required to obtain the benefit of 
consideration for CAC membership.
    Information provided on the Application will be kept confidential 
under exemption 6 of the Freedom of Information Act (FOIA) to the 
extent that the disclosure of information ``would constitute a clearly 
unwarranted invasion of personal privacy'' (5 U.S.C. 552(b)(6)). For 
example, the release of information such as an applicant's address, 
home telephone number, and personal email address would likely 
constitute a clearly unwarranted invasion of personal privacy, and 
therefore, be kept confidential under exemption 6 of the FOIA. However, 
the release of information such as the educational and professional 
qualifications of successful applicants would not likely constitute a 
clearly unwarranted invasion of personal privacy, and may be disclosed 
under the FOIA. In addition, once a person becomes a member of the CAC, 
their name, and the name and location of the organization where they 
are employed, would generally be listed on the Board's public website.
    Current actions: On January 31, 2019, the Board published a notice 
in the Federal Register (84 FR 718) requesting public comment for 60 
days on the extension, without revision, of the Application. The 
comment period for this notice expired on April 1, 2019. The Board did 
not receive any comments.

    Board of Governors of the Federal Reserve System, May 16, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-10662 Filed 5-21-19; 8:45 am]
 BILLING CODE 6210-01-P