[Federal Register Volume 88, Number 199 (Tuesday, October 17, 2023)]
[Notices]
[Pages 71640-71641]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-22840]


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DEPARTMENT OF THE TREASURY


Debt Management Advisory Committee Meeting

    Notice is hereby given, pursuant to 5 U.S.C. app. 2, section 
10(a)(2), that a meeting will be held at the United States Treasury 
Department, 15th Street and Pennsylvania Avenue NW, Washington, DC on 
October 31, 2023, at

[[Page 71641]]

8:30 a.m., of the following debt management advisory committee: 
Treasury Borrowing Advisory Committee.
    At this meeting, the Treasury is seeking advice from the Committee 
on topics related to the economy, financial markets, Treasury 
financing, and debt management. Following the working session, the 
Committee will present a written report of its recommendations. The 
meeting will be closed to the public, pursuant to 5 U.S.C. app. 2, 
section 10(d) and Public Law 103-202, section 202(c)(1)(B) (31 U.S.C. 
3121 note).
    This notice shall constitute my determination, pursuant to the 
authority placed in heads of agencies by 5 U.S.C. app. 2, section 10(d) 
and vested in me by Treasury Department Order No. 101-05, that the 
meeting will consist of discussions and debates of the issues presented 
to the Committee by the Secretary of the Treasury and the making of 
recommendations of the Committee to the Secretary, pursuant to Public 
Law 103-202, section 202(c)(1)(B).
    Thus, this information is exempt from disclosure under that 
provision and 5 U.S.C. 552b(c)(3)(B). In addition, the meeting is 
concerned with information that is exempt from disclosure under 5 
U.S.C. 552b(c)(9)(A). The public interest requires that such meetings 
be closed to the public because the Treasury Department requires frank 
and full advice from representatives of the financial community prior 
to making its final decisions on major financing operations. 
Historically, this advice has been offered by debt management advisory 
committees established by the several major segments of the financial 
community. When so utilized, such a committee is recognized to be an 
advisory committee under 5 U.S.C. app. 2, section 3. Although the 
Treasury's final announcement of financing plans may not reflect the 
recommendations provided in reports of the Committee, premature 
disclosure of the Committee's deliberations and reports would be likely 
to lead to significant financial speculation in the securities market. 
Thus, this meeting falls within the exemption covered by 5 U.S.C. 
552b(c)(9)(A).
    The Office of Debt Management is responsible for maintaining 
records of debt management advisory committee meetings and for 
providing annual reports setting forth a summary of Committee 
activities and such other matters as may be informative to the public 
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal 
Officer or other responsible agency official who may be contacted for 
additional information is Fred Pietrangeli, Director for Office of Debt 
Management (202) 622-1876.

    Dated: October 12, 2023.
Frederick E. Pietrangeli,
Director (for Office of Debt Management).
[FR Doc. 2023-22840 Filed 10-16-23; 8:45 am]
BILLING CODE 4810-25-P