83_FR_2164 83 FR 2154 - Sunshine Act; Notice of Meeting

83 FR 2154 - Sunshine Act; Notice of Meeting

FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

Federal Register Volume 83, Issue 10 (January 16, 2018)

Page Range2154-2154
FR Document2018-00706

Federal Register, Volume 83 Issue 10 (Tuesday, January 16, 2018)
[Federal Register Volume 83, Number 10 (Tuesday, January 16, 2018)]
[Notices]
[Page 2154]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00706]


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FEDERAL RETIREMENT THRIFT INVESTMENT BOARD


Sunshine Act; Notice of Meeting

    January 12, 2018, 3:30 p.m.

Agenda

    Federal Retirement Thrift Investment Board Member Meeting, 
Telephonic.

STATUS: Closed to the public.

MATTER TO BE CONSIDERED: Information covered under 5 U.S.C. 552b 
(c)(9)(B).

CONTACT PERSON FOR MORE INFORMATION: Kimberly Weaver, Director, Office 
of External Affairs, (202) 942-1640.

    Dated: January 11, 2018.
Dharmesh Vashee,
Deputy General Counsel, Federal Retirement Thrift Investment Board.
[FR Doc. 2018-00706 Filed 1-11-18; 4:15 pm]
 BILLING CODE 6760-01-P



                                               2154                          Federal Register / Vol. 83, No. 10 / Tuesday, January 16, 2018 / Notices

                                               ACTION:   Notice.                                       annual adjustment to the CFI asset cap                 FEDERAL TRADE COMMISSION
                                                                                                       on the percentage increase in the CPI–
                                               SUMMARY:   The Federal Housing Finance                  U from November of the year prior to                   Agency Information Collection
                                               Agency (FHFA) has adjusted the cap on                   the preceding calendar year to                         Activities; Proposed Collection;
                                               average total assets that is used in                    November of the preceding calendar                     Comment Request
                                               determining whether a Federal Home                      year, because the November figures
                                               Loan Bank (Bank) member qualifies as                                                                           AGENCY: Federal Trade Commission
                                                                                                       represent the most recent available data
                                               a ‘‘community financial institution’’                                                                          (FTC or Commission).
                                                                                                       as of January 1st of the current calendar
                                               (CFI) to $1,173,000,000, based on the                   year. The new CFI asset cap was                        ACTION: Notice.
                                               annual percentage increase in the                       obtained by applying the percentage
                                               Consumer Price Index for all urban                                                                             SUMMARY:   The information collection
                                                                                                       increase in the CPI–U to the unrounded                 requirements described below will be
                                               consumers (CPI–U), as published by the                  amount for the preceding year and
                                               Department of Labor (DOL). These                                                                               submitted to the Office of Management
                                                                                                       rounding to the nearest million, as has                and Budget (OMB) for review, as
                                               changes took effect on January 1, 2018.                 been FHFA’s practice for all previous
                                               FOR FURTHER INFORMATION CONTACT:
                                                                                                                                                              required by the Paperwork Reduction
                                                                                                       adjustments.                                           Act (PRA). The FTC seeks public
                                               Kaitlin Hildner, Division of Federal                      In calculating the CFI asset cap, FHFA
                                               Home Loan Bank Regulation, (202) 649–                                                                          comments on its proposal to extend for
                                                                                                       uses CPI–U data that have not been                     three years the current PRA clearances
                                               3329, Kaitlin.Hildner@fhfa.gov; or Eric                 seasonally adjusted (i.e., the data have
                                               M. Raudenbush, Associate General                                                                               for information collection requirements
                                                                                                       not been adjusted to remove the                        contained in the Commission’s rules
                                               Counsel, (202) 649–3084,                                estimated effect of price changes that
                                               Eric.Raudenbush@fhfa.gov, (not toll-free                                                                       and regulations under the Wool
                                                                                                       normally occur at the same time and in                 Products Labeling Act of 1939 (Wool
                                               numbers), Federal Housing Finance                       about the same magnitude every year).
                                               Agency, Constitution Center, 400                                                                               Rules). The clearance expires on April
                                                                                                       The DOL encourages use of unadjusted                   30, 2018.
                                               Seventh Street SW, Washington, DC                       CPI–U data in applying ‘‘escalation’’
                                               20219.                                                                                                         DATES: Comments must be received on
                                                                                                       provisions such as that governing the
                                                                                                       CFI asset cap, because the factors that                or before March 19, 2018.
                                               SUPPLEMENTARY INFORMATION:
                                                                                                       are used to seasonally adjust the data                 ADDRESSES: Interested parties may file a
                                               I. Statutory and Regulatory Background                  are amended annually, and seasonally                   comment online or on paper by
                                                  The Federal Home Loan Bank Act                       adjusted data that are published earlier               following the instructions in the
                                               (Bank Act) confers upon insured                         are subject to revision for up to five                 Request for Comments part of the
                                               depository institutions that meet the                   years following their original release.                SUPPLEMENTARY INFORMATION section
                                               statutory definition of a CFI certain                   Unadjusted data are not routinely                      below. Write ‘‘Wool Rules: FTC File No.
                                               advantages over non-CFI insured                         subject to revision, and previously                    P072108’’ on your comment, and file
                                               depository institutions in qualifying for               published unadjusted data are only                     your comment online at https://
                                               Bank membership, and in the purposes                    corrected when significant calculation                 ftcpublic.commentworks.com/ftc/
                                               for which they may receive long-term                    errors are discovered.                                 woolrulespra1 by following the
                                               advances and the collateral they may                                                                           instructions on the web-based form. If
                                                                                                         Dated: January 8, 2018.
                                               pledge to secure advances.1 Section                                                                            you prefer to file your comment on
                                                                                                       Andre D. Galeano,                                      paper, mail or deliver your comment to
                                               2(10)(A) of the Bank Act and § 1263.1 of
                                                                                                       Deputy Director, Division of Federal Home              the following address: Federal Trade
                                               FHFA’s regulations define a CFI as any
                                                                                                       Loan Bank Regulation, Federal Housing                  Commission, Office of the Secretary,
                                               Bank member the deposits of which are                   Finance Agency.
                                               insured by the Federal Deposit                                                                                 600 Pennsylvania Avenue NW, Suite
                                                                                                       [FR Doc. 2018–00618 Filed 1–12–18; 8:45 am]            CC–5610 (Annex J), Washington, DC
                                               Insurance Corporation and that has
                                               average total assets below the statutory                BILLING CODE 8070–01–P                                 20580, or deliver your comment to the
                                               cap.2 The Bank Act was amended in                                                                              following address: Federal Trade
                                               2008 to set the statutory cap at $1                                                                            Commission, Office of the Secretary,
                                               billion and to require FHFA to adjust                   FEDERAL RETIREMENT THRIFT                              Constitution Center, 400 7th Street SW,
                                               the cap annually to reflect the                         INVESTMENT BOARD                                       5th Floor, Suite 5610 (Annex J),
                                               percentage increase in the CPI–U, as                                                                           Washington, DC 20024.
                                               published by the DOL.3 For 2017, FHFA                   Sunshine Act; Notice of Meeting
                                                                                                                                                              FOR FURTHER INFORMATION CONTACT:
                                               set the CFI asset cap at $1,148,000,000,                  January 12, 2018, 3:30 p.m.                          Requests for copies of the collection of
                                               which reflected a 1.7 percent increase                                                                         information and supporting
                                               over 2016, based upon the increase in                   Agenda
                                                                                                                                                              documentation should be addressed to
                                               the CPI–U between 2015 and 2016.4                         Federal Retirement Thrift Investment                 Jock K. Chung, Attorney, Division of
                                               II. The CFI Asset Cap for 2018                          Board Member Meeting, Telephonic.                      Enforcement, Bureau of Consumer
                                                                                                       STATUS: Closed to the public.                          Protection, Federal Trade Commission,
                                                  As of January 1, 2018, FHFA has                                                                             Mail Code CC–9528, 600 Pennsylvania
                                               increased the CFI asset cap to                          MATTER TO BE CONSIDERED: Information
                                                                                                       covered under 5 U.S.C. 552b (c)(9)(B).                 Ave. NW, Washington, DC 20580, (202)
                                               $1,173,000,000, which reflects a 2.2                                                                           326–2984.
                                               percent increase in the unadjusted CPI–                 CONTACT PERSON FOR MORE INFORMATION:
                                                                                                       Kimberly Weaver, Director, Office of                   SUPPLEMENTARY INFORMATION:
                                               U from November 2016 to November
                                                                                                       External Affairs, (202) 942–1640.
daltland on DSKBBV9HB2PROD with NOTICES




                                               2017. Consistent with the practice of                                                                          Proposed Information Collection
                                               other Federal agencies, FHFA bases the                    Dated: January 11, 2018.                             Activities
                                                                                                       Dharmesh Vashee,                                         Under the Paperwork Reduction Act
                                                 1 See 12 U.S.C. 1424(a), 1430(a).
                                                 2 See
                                                                                                       Deputy General Counsel, Federal Retirement             (PRA), 44 U.S.C. 3501–3520, federal
                                                       12 U.S.C. 1422(10)(A); 12 CFR 1263.1.
                                                 3 See 12 U.S.C. 1422(10)(B); 12 CFR 1263.1
                                                                                                       Thrift Investment Board.                               agencies must get OMB approval for
                                               (defining the term CFI asset cap).                      [FR Doc. 2018–00706 Filed 1–11–18; 4:15 pm]            each collection of information they
                                                 4 See 82 FR 6551 (Jan. 19, 2017).                     BILLING CODE 6760–01–P                                 conduct, sponsor, or require.


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Document Created: 2018-01-13 02:02:37
Document Modified: 2018-01-13 02:02:37
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation83 FR 2154 

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