Search Results for keywords:"Board of Governors"

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Search Results: keywords:"Board of Governors"

  • Type:Notice
    Citation:90 FR 15485
    Reading Time:less than a minute

    The United States Postal Service is holding a closed meeting of the Compensation and Governance Committee of the Board of Governors on Wednesday, April 16, 2025, at 11:00 a.m. EST in Washington, DC. The meeting will be held at the Postal Service Headquarters, and matters such as administrative issues, personnel topics, and an executive session will be discussed. The General Counsel has certified that the meeting can be closed to the public in accordance with the Government in the Sunshine Act. For more information, individuals can contact Lucy C. Trout, the Acting Secretary of the Board of Governors.

    Simple Explanation

    The Postal Service is having a secret meeting where they talk about important things like how they manage people and do their jobs. They say it's okay to keep it secret, but they don't tell us why.

  • Type:Notice
    Citation:90 FR 13899
    Reading Time:less than a minute

    The Board of Governors of the United States Postal Service held a special closed meeting on March 24, 2025, at the Postal Service Headquarters in Washington, DC. This meeting was closed to the public under the Government in the Sunshine Act due to the nature of the discussions. The Board addressed administrative matters and conducted an executive session. For more details, Michael J. Elston, Secretary of the Board, is the contact person.

    Simple Explanation

    The Postal Service Board of Governors had a secret meeting in Washington, DC, and they talked about some important stuff they couldn't share with others. People might wonder why they had to keep it a secret because they didn't say exactly why it was needed.

  • Type:Notice
    Citation:89 FR 105048
    Reading Time:about a minute or two

    The Federal Reserve System has released a notice regarding companies that have applied to become bank holding companies or to acquire control over banks or other bank holding companies. These applications are being processed under the Bank Holding Company Act. People can view the public parts of these applications at certain Federal Reserve Banks and the Board of Governors' offices, or request them online. The public can submit comments on these applications until January 27, 2025, but should avoid including confidential information in their submissions.

    Simple Explanation

    The Federal Reserve is letting everyone know that some companies want to become owners of banks, and they are asking people to share their thoughts about this until January 27, 2025. You can look at these requests online, but be careful not to share any secrets when you tell them what you think.

  • Type:Notice
    Citation:86 FR 8016
    Reading Time:about a minute or two

    The Federal Reserve System has received applications from several individuals and trusts to acquire shares in a bank or bank holding company. This is under the Change in Bank Control Act and the Board's Regulation Y. Details of these applications are available for public viewing at the specified Federal Reserve Banks or the Board of Governors' offices. Interested parties can submit their comments on these applications by February 18, 2021.

    Simple Explanation

    People want to buy pieces of a bank, and the big boss group needs to check if it's okay. Anyone who wants to say something about this has until February 18, 2021, to do so.

  • Type:Rule
    Citation:86 FR 10011
    Reading Time:about 15 minutes

    The United States Postal Service is updating the Bylaws of its Board of Governors to address several issues, aiming to clarify current rules and ensure they align with modern practices and legal requirements. These changes include adjustments for rate-setting responsibilities, expanded access to certain information for the Governors, and procedures for situations when there aren't enough Governors present for a quorum. The amendments also cover compensation rules, meeting protocols, and updates to roles like the Secretary of the Board, ensuring smooth operation and compliance with laws.

    Simple Explanation

    The USPS is changing the rules for their board to make sure they follow the law and work better, but some parts are hard to understand and might make it less clear what they decide.

  • Type:Notice
    Citation:86 FR 1971
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications from several companies seeking approval to become bank holding companies or to acquire control over existing banks or bank holding companies. These applications are based on regulations laid out by the Bank Holding Company Act of 1956. The public can review these applications at designated Federal Reserve Banks or online. Comments on these applications must be submitted by February 10, 2021, to either the mentioned Reserve Bank or the Board of Governors.

    Simple Explanation

    The Federal Reserve is looking at requests from companies that want to become big banks or buy other banks. People can say what they think about these requests until February 10, 2021.

  • Type:Notice
    Citation:90 FR 17839
    Reading Time:less than a minute

    The United States Postal Service Board of Governors conducted a closed meeting on Wednesday, April 23, 2025, at their headquarters in Washington, DC. This special meeting was held without prior public notice as no earlier notice was feasible. The Board discussed several topics, including administrative and personnel matters, as well as an executive session. The meeting's closure was justified under the Government in the Sunshine Act, according to the General Counsel of the Postal Service.

    Simple Explanation

    The Postal Service had a secret meeting to talk about work and staff stuff because telling everyone earlier wasn't possible; they said the law lets them keep it private, but didn't tell exactly why, which might make people wonder what's going on.

  • Type:Notice
    Citation:90 FR 17984
    Reading Time:less than a minute

    The United States Postal Service held a special, closed meeting of its Board of Governors on April 25, 2025, at their headquarters in Washington, DC. The meeting focused on administrative, executive, and personnel matters. The Board decided that it was not possible to give earlier public notice. The meeting's closure was certified by the General Counsel under the Government in the Sunshine Act. For more information, contact Lucy C. Trout, the Acting Secretary of the Board of Governors.

    Simple Explanation

    The United States Postal Service had a private meeting where they talked about important things like how they do their work and manage their team, but they didn't tell people more because it's allowed under specific rules.

  • Type:Notice
    Citation:89 FR 103828
    Reading Time:about a minute or two

    The Federal Reserve System announces that several individuals have applied to acquire shares of a bank or bank holding company under the Change in Bank Control Act. The applications are available for public inspection at the Federal Reserve Bank of Richmond and the Board of Governors. People interested in commenting on the applications can send their views to the respective locations by January 3, 2025. Comments will be publicly disclosed and should exclude any confidential information.

    Simple Explanation

    Some people want to buy shares in a bank, and the Federal Reserve wants to know what people think about it. If anyone has something to say, they can send their thoughts by January 3, 2025, but they shouldn't include private information.

  • Type:Notice
    Citation:90 FR 17267
    Reading Time:less than a minute

    On April 21, 2025, the Board of Governors of the United States Postal Service held a special meeting at their headquarters in Washington, DC. The meeting, which was closed to the public, addressed administrative, executive, and personnel matters. The decision to hold a closed session was backed by the General Counsel, citing the Government in the Sunshine Act. Lucy C. Trout, the Acting Secretary of the Board, can be contacted for more information regarding the meeting.

    Simple Explanation

    The Postal Service bosses had a secret meeting to talk about some work stuff, and they didn't invite people, saying it was allowed by the rules.