80 FR 19662 - Solicitation of Statements of Interest for Membership on the Community Advisory Council

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 70 (April 13, 2015)

Page Range		19662-19663
FR Document		2015-08354

On January 16, 2015, the Board of Governors of the Federal Reserve System (Board) established the Community Advisory Council (the ``CAC'') as an advisory committee to the Board on issues affecting consumers and communities. This Notice advises individuals who wish to serve as CAC members of the opportunity to be considered for the CAC.

Federal Register, Volume 80 Issue 70 (Monday, April 13, 2015)

[Federal Register Volume 80, Number 70 (Monday, April 13, 2015)]
[Notices]
[Pages 19662-19663]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-08354]


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FEDERAL RESERVE SYSTEM

[Docket No. OP-1512]


Solicitation of Statements of Interest for Membership on the 
Community Advisory Council

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice.

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SUMMARY: On January 16, 2015, the Board of Governors of the Federal 
Reserve System (Board) established the Community Advisory Council (the 
``CAC'') as an advisory committee to the Board on issues affecting 
consumers and communities. This Notice advises individuals who wish to 
serve as CAC members of the opportunity to be considered for the CAC.

DATES: Statements of Interest received on or before June 12, 2015 will 
be given consideration for selection to the Board's Council for 
appointment in 2015.

ADDRESSES: Individuals who are interested in being considered for the 
CAC may submit a Statement of Interest via the Board's Web site or via 
email. The Statement of Interest can be accessed at 
www.federalreserve.gov/secure/CAC/StatementOfInterest/. Emailed 
submissions can be sent to [email protected]. The Statement of Interest 
collects only contact information. Candidates may also choose to 
provide additional information about their qualifications in the form 
of a cover letter, resume, or other document. Any such supplemental 
materials may be emailed to [email protected].
    If electronic submission is not feasible, submissions may be mailed 
to the Board of Governors of the Federal Reserve System, Attn: 
Community Advisory Council, Mail Stop N-805, 20th Street and 
Constitution Ave. NW., Washington, DC 20551.

FOR FURTHER INFORMATION CONTACT: Andrew Dumont, Senior Community 
Development Analyst, Division of Consumer and Community Affairs, Board 
of Governors of the Federal Reserve System, 20th Street and 
Constitution Ave. NW., Washington, DC 20551, or (202) 452-2412, or [email protected]. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869.

SUPPLEMENTARY INFORMATION: The Board created the Community Advisory 
Council (CAC) as an advisory committee to the Board on issues affecting 
consumers and communities. The CAC will comprise a diverse group of 
experts and representatives of consumer and community development 
organizations and interests, including from such fields as affordable 
housing, community and economic development, small business, and asset 
and wealth building. CAC members will meet semiannually with the 
members of the Board in Washington, DC to provide a range of 
perspectives on the economic circumstances and financial services needs 
of consumers and communities, with a particular focus on the concerns 
of low- and moderate-income consumers and communities. The CAC will 
complement two of the Board's other advisory councils--the Community 
Depository Institutions Advisory Council (CDIAC) and the Federal 
Advisory Council (FAC)--whose members represent depository 
institutions. The CAC will serve as a mechanism to gather feedback and 
perspectives on a wide range of policy matters and emerging issues of 
interest to the Board of Governors and aligns with the Federal 
Reserve's mission and current responsibilities. These responsibilities 
include, but are not limited to, banking supervision and regulatory 
compliance (including the enforcement of consumer protection laws), 
systemic risk oversight and monetary policy decision-making, and, in 
conjunction with the Office of the Comptroller of the Currency (OCC) 
and Federal Deposit Insurance Corporation (FDIC), responsibility for 
implementation of the Community Reinvestment Act (CRA).
    This Notice advises individuals of the opportunity to be considered 
for appointment to the CAC. To assist with the selection of CAC 
members, the Board will consider the information submitted by the 
candidate along with other publicly available information that it 
independently obtains.

Council Size and Terms

    In the fall of 2015, the Board plans to announce the appointment of 
fifteen members to the CAC. The initial CAC members will be assigned 
one-, two-, or three-year staggered terms to provide the CAC with 
continuity. Members chosen in the fall of 2016 will be appointed to 
three-year terms that will begin on January 1, 2017. If a member 
vacates the CAC before the end of the three-year term, a replacement 
member will be appointed to fill the unexpired term.

Statement of Interest

    Statements of Interest for the CAC collects the following contact 
information about the candidate:
     Full name;
     Organizational affiliation;
     Title;
     Address;
     Phone number; and
     Email address.
    At their option, candidates may also provide additional information 
about their qualifications in the form of a cover letter, resume, or 
other document.

Qualifications

    The Board is interested in candidates with knowledge of fields such 
as affordable housing, community and economic development, small 
business, and asset and wealth building, with a particular focus on the 
concerns of low- and moderate-income consumers and communities. 
Candidates do not have to be experts on all topics related to consumer 
financial services or community development, but they should possess 
some basic knowledge of these areas and related issues. In appointing 
members to the CAC, the Board will consider a number of factors, 
including diversity in terms of subject

[[Page 19663]]

matter expertise, geographic representation, and the representation of 
women and minority groups.
    CAC members must be willing and able to make the necessary time 
commitment to participate in organizational conference calls and 
prepare for and attend meetings two times a year (usually for two 
days). The meetings will be held at the Board's offices in Washington, 
DC The Board will provide a nominal honorarium and will reimburse CAC 
members only for their actual travel expenses subject to Board policy.

    By order of the Board of Governors of the Federal Reserve 
System, acting through the Director of the Division of Consumer and 
Community Affairs under delegated authority, April 7, 2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-08354 Filed 4-10-15; 8:45 am]
 BILLING CODE 6210-01-P

19662 Federal Register / Vol. 80, No. 70 / Monday, April 13, 2015 / Notices

Commission’s efforts to hold an ADDRESSES: Individuals who are current responsibilities. These
incentive auction, as required by the interested in being considered for the responsibilities include, but are not
Middle Class Tax Relief and Job CAC may submit a Statement of Interest limited to, banking supervision and
Creation Act of 2012 (Spectrum Act) via the Board’s Web site or via email. regulatory compliance (including the
(Pub. L. 112–96, sections 6402 (codified The Statement of Interest can be enforcement of consumer protection
at 47 U.S.C. 309(j)(8)(G)), 6403 (codified accessed at www.federalreserve.gov/ laws), systemic risk oversight and
at 47 U.S.C. 1452), 126 Stat. 156 (2012)). secure/CAC/StatementOfInterest/. monetary policy decision-making, and,
In the Incentive Auction Order, the Emailed submissions can be sent to in conjunction with the Office of the
Commission directed the Media Bureau CCA-CAC@frb.gov. The Statement of Comptroller of the Currency (OCC) and
to develop a form to be submitted prior Interest collects only contact Federal Deposit Insurance Corporation
to the incentive auction by each full information. Candidates may also (FDIC), responsibility for
power and Class A broadcast licensee to choose to provide additional implementation of the Community
certify that it has reviewed the technical information about their qualifications in Reinvestment Act (CRA).
data on file with the Commission the form of a cover letter, resume, or This Notice advises individuals of the
related to its current license other document. Any such opportunity to be considered for
authorization and confirm that the supplemental materials may be emailed appointment to the CAC. To assist with
technical data is correct with respect to to CCA-CAC@frb.gov. the selection of CAC members, the
actual operations FCC Form 2100, If electronic submission is not Board will consider the information
Schedule 381, Pre-Auction Technical feasible, submissions may be mailed to submitted by the candidate along with
Certification Form. See Expanding the the Board of Governors of the Federal other publicly available information that
Economic and Innovation Opportunities Reserve System, Attn: Community it independently obtains.
of Spectrum Through Incentive Advisory Council, Mail Stop N–805,
Council Size and Terms
Auctions, Report and Order, GN Docket 20th Street and Constitution Ave. NW.,
12–268, Report and Order, 29 FCC Rcd Washington, DC 20551. In the fall of 2015, the Board plans to
6567, 6820 (2014) (‘‘Incentive Auction FOR FURTHER INFORMATION CONTACT: announce the appointment of fifteen
Order’’). This data collection will also Andrew Dumont, Senior Community members to the CAC. The initial CAC
collect from licensees basic data Development Analyst, Division of members will be assigned one-, two-, or
regarding equipment currently in use at Consumer and Community Affairs, three-year staggered terms to provide
each licensed facility to facilitate the Board of Governors of the Federal the CAC with continuity. Members
channel reassignment process following Reserve System, 20th Street and chosen in the fall of 2016 will be
the completion of the incentive auction. Constitution Ave. NW., Washington, DC appointed to three-year terms that will
Licensees will submit FCC Form 2100, 20551, or (202) 452–2412, or CCA-CAC@ begin on January 1, 2017. If a member
Schedule 381 one time, at a deadline to frb.gov. Telecommunications Device for vacates the CAC before the end of the
be announced by the Media Bureau in the Deaf (TDD) users may contact (202) three-year term, a replacement member
advance of the incentive auction. 263–4869. will be appointed to fill the unexpired
Federal Communications Commission. SUPPLEMENTARY INFORMATION: The Board
term.
Marlene H. Dortch, created the Community Advisory Statement of Interest
Secretary. Council (CAC) as an advisory committee Statements of Interest for the CAC
[FR Doc. 2015–08178 Filed 4–10–15; 8:45 am] to the Board on issues affecting collects the following contact
BILLING CODE 6712–01–P
consumers and communities. The CAC information about the candidate:
will comprise a diverse group of experts • Full name;
and representatives of consumer and • Organizational affiliation;
FEDERAL RESERVE SYSTEM community development organizations • Title;
and interests, including from such fields • Address;
[Docket No. OP–1512] as affordable housing, community and • Phone number; and
Solicitation of Statements of Interest
economic development, small business, • Email address.
and asset and wealth building. CAC At their option, candidates may also
for Membership on the Community members will meet semiannually with provide additional information about
Advisory Council the members of the Board in their qualifications in the form of a
AGENCY: Board of Governors of the Washington, DC to provide a range of cover letter, resume, or other document.
Federal Reserve System. perspectives on the economic
circumstances and financial services Qualifications
ACTION: Notice.
needs of consumers and communities, The Board is interested in candidates
SUMMARY: On January 16, 2015, the with a particular focus on the concerns with knowledge of fields such as
Board of Governors of the Federal of low- and moderate-income affordable housing, community and
Reserve System (Board) established the consumers and communities. The CAC economic development, small business,
Community Advisory Council (the will complement two of the Board’s and asset and wealth building, with a
‘‘CAC’’) as an advisory committee to the other advisory councils—the particular focus on the concerns of low-
Board on issues affecting consumers and Community Depository Institutions and moderate-income consumers and
communities. This Notice advises Advisory Council (CDIAC) and the communities. Candidates do not have to
individuals who wish to serve as CAC
mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Advisory Council (FAC)— be experts on all topics related to
members of the opportunity to be whose members represent depository consumer financial services or
considered for the CAC. institutions. The CAC will serve as a community development, but they
DATES: Statements of Interest received mechanism to gather feedback and should possess some basic knowledge of
on or before June 12, 2015 will be given perspectives on a wide range of policy these areas and related issues. In
consideration for selection to the matters and emerging issues of interest appointing members to the CAC, the
Board’s Council for appointment in to the Board of Governors and aligns Board will consider a number of factors,
2015. with the Federal Reserve’s mission and including diversity in terms of subject

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Document Created: 2015-12-18 11:21:45
Document Modified: 2015-12-18 11:21:45

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Statements of Interest received on or before June 12, 2015 will be given consideration for selection to the Board's Council for appointment in 2015.
Contact		Andrew Dumont, Senior Community Development Analyst, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System, 20th Street and Constitution Ave. NW., Washington, DC 20551, or (202) 452-2412, or CCA- [email protected] Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869.
FR Citation		80 FR 19662