Document
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Consumer and Stakeholder Surveys (FR 3073; O...
SUPPLEMENTARY INFORMATION:
On June 15, 1984, OMB delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collections of information conducted or sponsored by the Board. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. The OMB inventory, as well as copies of the PRA Submission, supporting statements (which contain more detailed information about the information collections and burden estimates than this notice), and approved collection of information instrument(s) are available at
https://www.reginfo.gov/public/do/PRAMain.
These documents are also available on the Federal Reserve Board's public website at
https://www.federalreserve.gov/apps/reportingforms/home/review
or may be requested from the agency clearance officer, whose name appears above.
Final Approval Under OMB Delegated Authority of the Extension for Three Years, Without Revision, of the Following Information Collection
Collection title:
Consumer and Stakeholder Surveys.
Collection identifier:
FR 3073.
OMB control number:
7100-0359.
General description of collection:
The Board uses this collection to inform consumer-focused research, implement statutory requirements, and facilitate community development. The surveys in this collection inform the Board's work by identifying emerging risks and providing additional data on the issues that affect the well-being of consumers and communities and how the financial services marketplace functions. The surveys in this collection gather quantitative and qualitative information directly from individual consumers or households (consumer surveys) on consumer finance topics. This collection also gathers quantitative and qualitative information on current and emerging community economic issues from stakeholders (stakeholder surveys).
Frequency:
Event-generated.
Respondents:
Individuals and Board stakeholders.
Total estimated number of respondents:
10,600.
Total estimated annual burden hours:
12,000.[]
Current actions:
On August 18, 2023, the Board published a notice in the
Federal Register
(88 FR 56621) requesting public comment for 60 days on the extension, without revision, of the FR 3073. The comment period for this notice expired on October 17, 2023. The Board did not receive any comments.
Board of Governors of the Federal Reserve System, November 27, 2023.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.