[Federal Register Volume 87, Number 25 (Monday, February 7, 2022)]
[Notices]
[Page 6945]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02424]


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DEPARTMENT OF THE TREASURY


Notice of Charter Renewal for the Financial Research Advisory 
Committee

AGENCY: Office of Financial Research, Department of the Treasury.

ACTION: Notice of charter renewal.

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SUMMARY: The charter for the Financial Research Advisory Committee has 
been renewed for a two-year period beginning January 26, 2022.

FOR FURTHER INFORMATION CONTACT: Melissa Avstreih, Designated Federal 
Officer, Office of Financial Research, Department of the Treasury, 1500 
Pennsylvania Avenue NW, Washington, DC 20220, (202) 927-8032 (this is 
not a toll-free number), or [email protected]. Persons who have 
difficulty hearing or speaking may access this number via TTY by 
calling the toll-free Federal Relay Service at 800-877-8339.

SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee 
Act, (Pub. L. 92-463, 5 U.S.C. App. 2 Sec.  1-16, as amended), the 
Treasury Department established a Financial Research Advisory Committee 
(Committee) to provide advice and recommendations to the Office of 
Financial Research (OFR) and to assist the OFR in carrying out its 
duties and authorities.

(I) Authorities of the OFR

    The OFR was established under Title I of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Pub. L. 111-203, July 21, 2010). 
The purpose of the OFR is to support the Financial Stability Oversight 
Council (Council) in fulfilling the purposes and duties of the Council 
and to support the Council's member agencies by:

--Collecting data on behalf of the Council, and providing such data to 
the Council and member agencies;
--Standardizing the types and formats of data reported and collected;
--Performing applied research and essential long-term research;
--Developing tools for risk measurement and monitoring;
--Performing other related services;
--Making the results of the activities of the OFR available to 
financial regulatory agencies; and
--Assisting such member agencies in determining the types and formats 
of data authorized by the Dodd-Frank Act to be collected by such member 
agencies.

(II) Scope of the Committee

    The Committee was established to advise the OFR on issues related 
to the responsibilities of the office. It may provide its advice, 
recommendations, analysis, and information directly to the OFR and the 
OFR may share the Committee's advice and recommendations with the 
Secretary of the Treasury or other Treasury officials.
    The OFR will share information with the Committee as the Director 
determines will be helpful in allowing the Committee to carry out its 
role. The Committee charter was renewed for a two-year term on January 
26, 2022.

James Martin,
Deputy Director, Operations, Office of Financial Research.
[FR Doc. 2022-02424 Filed 2-4-22; 8:45 am]
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