The Appraisal Subcommittee of the Federal Financial Institutions Examination Council held a special closed meeting on November 13, 2024. The meeting took place virtually via Teams at 11:54 a.m. ET. The sole discussion item was a personnel matter, and no decisions were made during this meeting. The notification of the meeting is in line with the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
Simple Explanation
The Appraisal Subcommittee had a secret online meeting to talk about something related to their workers, but they didn't decide anything. They didn't say exactly what it was about, and they didn't explain why the meeting was private.