82 FR 11438 - Establishment of Academic Research Council

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 82, Issue 35 (February 23, 2017)

Page Range		11438-11438
FR Document		2017-03494

The Consumer Financial Protection Bureau (``Bureau''), after consultation with the Committee Management Secretariat of the General Services Administration, will establish the Academic Research Council (``the Council'') no less than 15 days from the effective date of this notice. The Advisory Council was established to provide the Bureau's Office of Research advice and feedback on research methodologies, framing research questions, data collection, and analytic strategies.

Federal Register, Volume 82 Issue 35 (Thursday, February 23, 2017)

[Federal Register Volume 82, Number 35 (Thursday, February 23, 2017)]
[Notices]
[Page 11438]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-03494]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Establishment of Academic Research Council

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice.

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SUMMARY: The Consumer Financial Protection Bureau (``Bureau''), after 
consultation with the Committee Management Secretariat of the General 
Services Administration, will establish the Academic Research Council 
(``the Council'') no less than 15 days from the effective date of this 
notice. The Advisory Council was established to provide the Bureau's 
Office of Research advice and feedback on research methodologies, 
framing research questions, data collection, and analytic strategies.

FOR FURTHER INFORMATION CONTACT: Delicia Hand, Staff Director, Advisory 
Board and Councils Office, External Affairs, Consumer Financial 
Protection Bureau, 1275 First Street NE., Washington, DC 20002; 
Telephone: (202) 435-9348; email: [email protected].

SUPPLEMENTARY INFORMATION: In accordance with the provisions of the 
Federal Advisory Committee Act (``FACA'') (5 U.S.C. App.), the Consumer 
Financial Protection Bureau (``Bureau'') hereby gives notice of re-
establishment of the Academic Research Council. In December of 2015, 
language included in the 2016 Omnibus spending bill amended the 
Consumer Financial Protection Act to clarify the applicability of the 
FACA to the Bureau. The Advisory Council is a continuing committee 
being re-established for the purposes of compliance with FACA and 
applicable statutes as it now applies to the Bureau.
    This committee is being established no less than 15 days after the 
publication of this notice by filing a charter with the Director of the 
Bureau and with the Committee Management Secretariat of the General 
Services Administration, and furnishing the charter to the Library of 
Congress and the Committee on Banking, Housing, and Urban Affairs of 
the United States Senate and the Committee on Financial Services of the 
United States House of Representatives. The charter will also be posted 
on the Bureau's Web site at www.consumerfinance.gov. This charter will 
expire two years after the filing date unless renewed by appropriate 
action.
    The Council will provide the Bureau's Office of Research advice and 
feedback on research methodologies, framing research questions, data 
collection, and analytic strategies. Additionally, the Council will 
provide both backward- and forward-looking feedback on the Office of 
Research's research work and will offer input into its research 
strategic planning process and research agenda.
    The duties of the Council are solely advisory and shall extend only 
to the submission of advice and recommendations to the Bureau. No 
determination of fact or policy will be made by the Council, and the 
Council will have no formal decision-making role.
    In appointing members to the Council, the Director shall seek to 
assemble academic experts in fields such as economics, statistics, 
psychology or behavioral science. In particular, academics with strong 
methodological and technical expertise in structural or reduced form 
econometrics, modeling of consumer decision-making, behavioral 
economics, experimental economics, program evaluation, psychology, or 
financial choice will be considered. The Council will be composed of 
approximately nine members. Council members will be designated as 
Special Government Employees (SGEs) and will serve four-year terms. 
Equal opportunity practices in accordance with the Consumer Financial 
Protection Bureau (CFPB) policies shall be followed in all appointments 
to the Council.

    Dated: January 20, 2017.
Leandra English,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2017-03494 Filed 2-22-17; 8:45 am]
BILLING CODE 4810-AM-P

11438 Federal Register / Vol. 82, No. 35 / Thursday, February 23, 2017 / Notices

(b) The accuracy of the Bureau’s applicability of the FACA to the Bureau. Dated: January 20, 2017.
estimate of the burden of the collection The Advisory Council is a continuing Leandra English,
of information, including the validity of committee being re-established for the Chief of Staff, Bureau of Consumer Financial
the methods and the assumptions used; purposes of compliance with FACA and Protection.
(c) Ways to enhance the quality, utility, applicable statutes as it now applies to [FR Doc. 2017–03494 Filed 2–22–17; 8:45 am]
and clarity of the information to be the Bureau. BILLING CODE 4810–AM–P
collected; and (d) Ways to minimize the
This committee is being established
burden of the collection of information
on respondents, including through the no less than 15 days after the BUREAU OF CONSUMER FINANCIAL
use of automated collection techniques publication of this notice by filing a PROTECTION
or other forms of information charter with the Director of the Bureau
technology. Comments submitted in and with the Committee Management Establishment of Consumer Advisory
response to this notice will be Secretariat of the General Services Board
summarized and/or included in the Administration, and furnishing the
AGENCY: Bureau of Consumer Financial
request for OMB approval. All charter to the Library of Congress and Protection.
comments will become a matter of the Committee on Banking, Housing,
ACTION: Notice.
public record. and Urban Affairs of the United States
Dated: February 15, 2017. Senate and the Committee on Financial SUMMARY: The Consumer Financial
Darrin A. King,
Services of the United States House of Protection Bureau (‘‘Bureau’’), after
Representatives. The charter will also be consultation with the Committee
Paperwork Reduction Act Officer, Bureau of
posted on the Bureau’s Web site at Management Secretariat of the General
Consumer Financial Protection.
www.consumerfinance.gov. This charter Services Administration, has
[FR Doc. 2017–03479 Filed 2–22–17; 8:45 am]
will expire two years after the filing date established the Consumer Advisory
BILLING CODE 4810–AM–P
unless renewed by appropriate action. Board (‘‘the Board’’) as required by
statute. The Board will ‘‘advise and
The Council will provide the Bureau’s consult with the Bureau in the exercise
BUREAU OF CONSUMER FINANCIAL Office of Research advice and feedback of its functions under the Federal
PROTECTION on research methodologies, framing consumer financial laws’’ and ‘‘provide
research questions, data collection, and information on emerging practices in
Establishment of Academic Research analytic strategies. Additionally, the
Council the consumer financial products or
Council will provide both backward- services industry, including regional
AGENCY: Bureau of Consumer Financial and forward-looking feedback on the trends, concerns, and other relevant
Protection. Office of Research’s research work and information,’’ as outlined in section
ACTION: Notice. will offer input into its research 1014(a) of the Dodd-Frank Wall Street
strategic planning process and research Reform and Consumer Protection Act.
SUMMARY: The Consumer Financial agenda. FOR FURTHER INFORMATION CONTACT:
Protection Bureau (‘‘Bureau’’), after Delicia Hand, Staff Director, Advisory
The duties of the Council are solely
consultation with the Committee Board and Councils Office, External
Management Secretariat of the General advisory and shall extend only to the
submission of advice and Affairs, Consumer Financial Protection
Services Administration, will establish Bureau, 1275 First Street NE.,
the Academic Research Council (‘‘the recommendations to the Bureau. No
determination of fact or policy will be Washington, DC 20002; Telephone:
Council’’) no less than 15 days from the (202) 435–9348; email: Delicia.hand@
effective date of this notice. The made by the Council, and the Council
cfpb.gov.
Advisory Council was established to will have no formal decision-making
role. SUPPLEMENTARY INFORMATION: In
provide the Bureau’s Office of Research
advice and feedback on research accordance with the provisions of the
In appointing members to the
methodologies, framing research Federal Advisory Committee Act
Council, the Director shall seek to (‘‘FACA’’) (5 U.S.C. App.), the
questions, data collection, and analytic assemble academic experts in fields
strategies. Consumer Financial Protection Bureau
such as economics, statistics, hereby gives notice of re-establishment
FOR FURTHER INFORMATION CONTACT: psychology or behavioral science. In of the Consumer Advisory Board,
Delicia Hand, Staff Director, Advisory particular, academics with strong effective immediately. In December of
Board and Councils Office, External methodological and technical expertise 2015, language included in the 2016
Affairs, Consumer Financial Protection in structural or reduced form Omnibus spending bill amended the
Bureau, 1275 First Street NE., econometrics, modeling of consumer Consumer Financial Protection Act to
Washington, DC 20002; Telephone: decision-making, behavioral economics, clarify the applicability of FACA to the
(202) 435–9348; email: Delicia.hand@ experimental economics, program Bureau. The Board is a continuing
cfpb.gov. evaluation, psychology, or financial committee being re-established for the
SUPPLEMENTARY INFORMATION: In choice will be considered. The Council purposes of compliance with FACA and
accordance with the provisions of the will be composed of approximately nine applicable statutes.
Federal Advisory Committee Act members. Council members will be The Board is being established
(‘‘FACA’’) (5 U.S.C. App.), the designated as Special Government concurrently with the publication of
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Consumer Financial Protection Bureau Employees (SGEs) and will serve four- this notice by filing a charter with the
(‘‘Bureau’’) hereby gives notice of re- year terms. Equal opportunity practices Director of the Bureau and with the
establishment of the Academic Research in accordance with the Consumer Committee Management Secretariat of
Council. In December of 2015, language Financial Protection Bureau (CFPB) the General Services Administration,
included in the 2016 Omnibus spending policies shall be followed in all and furnishing the charter to the Library
bill amended the Consumer Financial of Congress and the Committee on
appointments to the Council.
Protection Act to clarify the Banking, Housing, and Urban Affairs of

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Document Created: 2017-02-23 02:10:47
Document Modified: 2017-02-23 02:10:47

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.
Contact		Delicia Hand, Staff Director, Advisory Board and Councils Office, External Affairs, Consumer Financial Protection Bureau, 1275 First Street NE., Washington, DC 20002; Telephone: (202) 435-9348; email: [email protected]
FR Citation		82 FR 11438