The Federal Deposit Insurance Corporation (FDIC) held a closed meeting via video conference on January 19, 2021, at 10:22 a.m. The Board determined that urgent corporation business needed attention with less than seven days' public notice and decided that these matters could not be discussed in an open meeting due to specific exemptions under the "Government in the Sunshine Act." Individuals seeking more information about the meeting are advised to contact Ms. Debra A. Decker, Deputy Executive Secretary of the Corporation.
Simple Explanation
The Federal Deposit Insurance Corporation (FDIC) had a secret meeting on January 19, 2021, because they needed to talk about important stuff quickly and couldn't wait. They didn't let people watch because the rules say some things need to be private.