[Federal Register Volume 86, Number 37 (Friday, February 26, 2021)]
[Notices]
[Page 11776]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-04040]


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FEDERAL RESERVE SYSTEM


Notification of Amendment to the Rules of Organization; Federal 
Open Market Committee

AGENCY: Federal Open Market Committee, Federal Reserve System.

SUMMARY: The Federal Open Market Committee amended its Rules of 
Organization to replace the terms ``Chairman'' and ``Vice Chairman'' 
with ``Chair'' and Vice Chair,'' respectively.

DATES: The amendments to the Rules of Organization became effective on 
February 17, 2021.

FOR FURTHER INFORMATION CONTACT: Matthew Luecke, Deputy Secretary of 
the Federal Open Market Committee, (202) 452-2576, 20th and C Streets 
NW, Washington, DC 20551; or Alye S. Foster, Deputy Associate General 
Counsel (202-452-5289), Legal Division, Board of Governors of the 
Federal Reserve System.

SUPPLEMENTARY INFORMATION: The Federal Open Market Committee 
(Committee) has replaced the references in its Rules of Organization to 
``Chairman'' and ``Vice Chairman,'' with ``Chair'' and ``Vice Chair,'' 
respectively. Although the terms ``Chairman'' and ``Vice Chairman'' are 
referenced in the Federal Reserve Act, traditionally these terms have 
been used to refer to persons regardless of gender. As the terms are 
not intended to be and, in practice, are not gender-specific, the 
Committee is replacing the terms ``Chairman'' and ``Vice Chairman'' in 
the Committee's Rules of Organization with their gender-neutral 
equivalents of ``Chair'' and ``Vice Chair,'' respectively. This change 
also aligns the Committee's Rules of Organization with its practice.
    The Committee has incorporated the amendments into the Committee's 
Rules of Organization, which are uncodified regulations for use by the 
Committee and are issued pursuant to 5 U.S.C. 552. Because the 
amendments relate solely to the internal organization, procedure, or 
practice of the Committee, the public notice, public comment, and 
delayed effective date provisions of the Administrative Procedure Act 
do not apply. See 5 U.S.C. 553(b) and (d).
    For the reasons discussed above the Committee has amended its Rules 
of Organization as follows:
    All references to ``Chairman'' and ``Vice Chairman'' are revised to 
read ``Chair'' and ``Vice Chair,'' respectively, wherever they appear.

    By order of the Federal Open Market Committee.
Matthew M. Luecke,
Deputy Secretary, Federal Open Market Committee.
[FR Doc. 2021-04040 Filed 2-25-21; 8:45 am]
BILLING CODE 6210-01-P