[Federal Register Volume 86, Number 190 (Tuesday, October 5, 2021)]
[Notices]
[Pages 54977-54978]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21594]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the Application Form for Membership on the Community Advisory 
Committee Council (FR 1401; OMB No. 7100-0371).

DATES: Comments must be submitted on or before December 6, 2021.

ADDRESSES: You may submit comments, identified by FR 1401, by any of 
the following methods:
     Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include the OMB 
number in the subject line of the message.
     Fax: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.
    All public comments are available from the Board's website at 
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove 
personally identifiable information at the commenter's request. 
Accordingly, comments will not be edited to remove any identifying or 
contact information. Public comments may also be viewed electronically 
or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, 
between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the 
Board requires that visitors make an appointment to inspect comments. 
You may do so by calling (202) 452-3684. Upon arrival, visitors will be 
required to present valid government-issued photo identification and to 
submit to security screening in order to inspect and photocopy 
comments.
    Additionally, commenters may send a copy of their comments to the 
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.

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.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the PRA to approve and assign OMB control numbers to 
collections of information conducted or sponsored by the Board. In 
exercising this delegated authority, the Board is directed to take 
every reasonable step to solicit comment. In determining whether to 
approve a collection of information, the Board will consider all 
comments received from the public and other agencies.
    A copy of the Paperwork Reduction Act (PRA) OMB submission, 
including the reporting form and instructions, supporting statement, 
and other documentation will be available at https://www.reginfo.gov/public/do/PRAMain, if approved. These documents will also be made 
available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears above.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under

[[Page 54978]]

the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, 
Without Revision, the Following Information Collection

    Report title: Application Form for Membership on the Community 
Advisory Committee Council.
    Agency form number: FR 1401.
    OMB control number: 7100-0371.
    Frequency: Annually.
    Respondents: Any person seeking to be considered for membership on 
the Community Advisory Committee (CAC) Council.
    Estimated number of respondents: 300.
    Estimated average hours per response: 1.
    Estimated annual burden hours: 300.
    General description of report: The CAC Application (Application) is 
used to obtain information about the experience and qualification of 
persons seeking to be considered for membership on the CAC of the 
Board. The Application collects an applicant's contact information; 
details regarding current employment and areas of expertise; a resume, 
which typically includes information about employment history, 
education, and training; and a cover letter explaining why the 
applicant is interested in serving on the CAC and what he or she 
believes are their primary qualifications. Applicants can voluntarily 
elect to provide additional information to support their application.
    Legal authorization and confidentiality: The Application is 
authorized pursuant to sections 2A and 10 of the Federal Reserve Act 
(FRA).\1\ Section 2A of the FRA requires the Board and 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.\2\ 
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.'' \3\
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    \1\ 12 U.S.C. 225a and 244.
    \2\ 12 U.S.C. 225a.
    \3\ 12 U.S.C. 244. This authority permits the Board to collect 
personal information (e.g., bank account routing numbers) needed to 
disburse travel funds to CAC members.
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    Providing information collected as part of the Application is 
required to obtain a benefit.
    Generally, information provided on the Application may be kept 
confidential from the public under exemption 6 of the Freedom of 
Information Act (FOIA) to the extent that the disclosure of the 
information ``would constitute a clearly unwarranted invasion of 
personal privacy.'' For example, the release of information such as the 
applicant's address, home telephone number, or personal email address 
to the public would likely constitute a clearly unwarranted invasion of 
personal privacy and be kept confidential. 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.

Board of Governors of the Federal Reserve System, September 29, 2021.
Michele Taylor Fennell, Deputy Associate Secretary of the Board.
[FR Doc. 2021-21594 Filed 10-4-21; 8:45 am]
BILLING CODE 6210-01-P