81 FR 21953 - Debt Management Advisory Committee Meeting

DEPARTMENT OF THE TREASURY
Departmental Offices

Federal Register Volume 81, Issue 71 (April 13, 2016)

Page Range		21953-21953
FR Document		2016-08285

Federal Register, Volume 81 Issue 71 (Wednesday, April 13, 2016)

[Federal Register Volume 81, Number 71 (Wednesday, April 13, 2016)]
[Notices]
[Page 21953]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-08285]


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DEPARTMENT OF THE TREASURY

Departmental Offices


Debt Management Advisory Committee Meeting

    Notice is hereby given, pursuant to 5 U.S.C. App. 2, 10(a)(2), that 
a meeting will be held at the Hay-Adams Hotel, 16th Street and 
Pennsylvania Avenue NW., Washington, DC, on May 3, 2016 at 11:30 a.m. 
of the following debt management advisory committee:
    Treasury Borrowing Advisory Committee of The Securities Industry 
and Financial Markets Association.
    The agenda for the meeting provides for a charge by the Secretary 
of the Treasury or his designate that the Committee discuss particular 
issues and conduct a working session. 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, 
10(d) and Public Law 103-202, 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, 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, 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, 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).
    Treasury staff will provide a technical briefing to the press on 
the day before the Committee meeting, following the release of a 
statement of economic conditions and financing estimates. This briefing 
will give the press an opportunity to ask questions about financing 
projections. The day after the Committee meeting, Treasury will release 
the minutes of the meeting, any charts that were discussed at the 
meeting, and the Committee's report to the Secretary.
    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: April 6, 2016.
Fred Pietrangeli,
Director for Office of Debt Management.
[FR Doc. 2016-08285 Filed 4-12-16; 8:45 am]
BILLING CODE 4810-25-M

Federal Register / Vol. 81, No. 71 / Wednesday, April 13, 2016 / Notices 21953

92–463., the first Advisory Group to the policies. The IRS has special interest in that is exempt from disclosure under 5
Commissioner of Internal Revenue—or assuring that women and men, members U.S.C. 552b(c)(9)(A). The public interest
the Commissioner’s Advisory Group of all races and national origins, and requires that such meetings be closed to
(‘‘CAG’’)—was established in 1953 as a individuals with disabilities are the public because the Treasury
‘‘national policy and/or issue advisory adequately represented on advisory Department requires frank and full
committee.’’ Renamed in 1998, the committees. Therefore, the IRS extends advice from representatives of the
Internal Revenue Service Advisory particular encouragement to financial community prior to making its
Council (IRSAC) reflects the agency- nominations from such appropriately- final decisions on major financing
wide scope of its focus as an advisory qualified candidates. operations. Historically, this advice has
body to the entire agency. The IRSAC’s Dated: April 8, 2016. been offered by debt management
primary purpose is to provide an Candice Cromling, advisory committees established by the
organized public forum for senior IRS Director, National Public Liaison. several major segments of the financial
executives and representatives of the community. When so utilized, such a
[FR Doc. 2016–08490 Filed 4–12–16; 8:45 am]
public to discuss relevant tax committee is recognized to be an
BILLING CODE 4830–01–P
administration issues. advisory committee under 5 U.S.C. App.
Conveying the public’s perception of 2, 3.
IRS activities, the IRSAC is comprised DEPARTMENT OF THE TREASURY Although the Treasury’s final
of individuals who bring substantial, announcement of financing plans may
disparate experience and diverse Departmental Offices not reflect the recommendations
backgrounds on the Council’s activities. provided in reports of the Committee,
Membership is balanced to include Debt Management Advisory Committee premature disclosure of the Committee’s
representation from the taxpaying Meeting deliberations and reports would be
public, the tax professional community, Notice is hereby given, pursuant to 5 likely to lead to significant financial
small and large businesses, U.S.C. App. 2, 10(a)(2), that a meeting speculation in the securities market.
international, wage and investment will be held at the Hay-Adams Hotel, Thus, this meeting falls within the
taxpayers and the knowledge of Circular 16th Street and Pennsylvania Avenue exemption covered by 5 U.S.C.
230. NW., Washington, DC, on May 3, 2016 552b(c)(9)(A).
IRSAC members are appointed by the at 11:30 a.m. of the following debt Treasury staff will provide a technical
Commissioner of the Internal Revenue management advisory committee: briefing to the press on the day before
Service with the concurrence of the Treasury Borrowing Advisory the Committee meeting, following the
Secretary of the Treasury to serve a Committee of The Securities Industry release of a statement of economic
three-year term. IRSAC may form and Financial Markets Association. conditions and financing estimates. This
subcommittees (or subgroups) for any The agenda for the meeting provides briefing will give the press an
purpose consistent with the charter. for a charge by the Secretary of the opportunity to ask questions about
These subcommittees must report Treasury or his designate that the financing projections. The day after the
directly to the IRSAC parent committee. Committee discuss particular issues and Committee meeting, Treasury will
Members are not paid for their conduct a working session. Following release the minutes of the meeting, any
services. However, travel expenses for the working session, the Committee will charts that were discussed at the
working sessions, public meetings and present a written report of its meeting, and the Committee’s report to
orientation sessions, such as airfare, per recommendations. The meeting will be the Secretary.
diem, and transportation to and from closed to the public, pursuant to 5 The Office of Debt Management is
airports, train stations, etc., are U.S.C. App. 2, 10(d) and Public Law responsible for maintaining records of
reimbursed within prescribed federal 103–202, 202(c)(1)(B) (31 U.S.C. 3121 debt management advisory committee
travel limitations. note). meetings and for providing annual
All applicants will be sent an This notice shall constitute my reports setting forth a summary of
acknowledgment of receipt. In determination, pursuant to the authority Committee activities and such other
accordance with the Department of placed in heads of agencies by 5 U.S.C. matters as may be informative to the
Treasury Directive 21–03, a clearance App. 2, 10(d) and vested in me by public consistent with the policy of 5
process, including annual tax checks Treasury Department Order No. 101–05, U.S.C. 552(b). The Designated Federal
and a practitioner check with both the that the meeting will consist of Officer or other responsible agency
IRS Return Preparer Office and the discussions and debates of the issues official who may be contacted for
Office of Professional Responsibility, presented to the Committee by the additional information is Fred
will be conducted. In addition, all Secretary of the Treasury and the Pietrangeli, Director for Office of Debt
applicants deemed ‘‘Best Qualified’’ making of recommendations of the Management (202) 622–1876.
shall undergo a Federal Bureau of Committee to the Secretary, pursuant to
Investigation (FBI) fingerprint check. Public Law 103–202, 202(c)(1)(B). Thus, Dated: April 6, 2016.
Equal opportunity practices will be this information is exempt from Fred Pietrangeli,
followed for all appointments to the disclosure under that provision and 5 Director for Office of Debt Management.
IRSAC in accordance with the U.S.C. 552b(c)(3)(B). In addition, the [FR Doc. 2016–08285 Filed 4–12–16; 8:45 am]
Department of Treasury and IRS meeting is concerned with information BILLING CODE 4810–25–M
asabaliauskas on DSK3SPTVN1PROD with NOTICES

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Document Created: 2016-04-13 03:11:54
Document Modified: 2016-04-13 03:11:54

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
FR Citation		81 FR 21953

81 FR 21953 - Debt Management Advisory Committee Meeting

DEPARTMENT OF THE TREASURYDepartmental Offices

Federal Register Volume 81, Issue 71 (April 13, 2016)

DEPARTMENT OF THE TREASURY
Departmental Offices