The Appraisal Subcommittee of the Federal Financial Institutions Examination Council held a special closed meeting on November 13, 2024. This virtual meeting focused on a personnel matter, and it was held in accordance with section 1104(b) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989. No decisions or actions were taken during the meeting.
Simple Explanation
In a special closed meeting, some people in charge talked about a worker problem, but they didn't tell anyone what it was about or make any big choices. It happened online, and not knowing all the details might make people wonder why it's secret.