Search Results for keywords:"Board of Governors"

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Search Results: keywords:"Board of Governors"

  • Type:Notice
    Citation:90 FR 16890
    Reading Time:less than a minute

    The United States Postal Service held a closed special meeting of the Board of Governors on April 17, 2025, in Washington, DC. During this meeting, the Board discussed various administrative, executive, and personnel matters, and decided that a public notification was not feasible beforehand. The General Counsel certified that the meeting could be closed under the Government in the Sunshine Act. For further information, contact Lucy C. Trout, the Acting Secretary of the Board of Governors.

    Simple Explanation

    The Postal Service had a secret meeting on April 17, 2025, where they talked about important job-related stuff, and they didn’t let the public know ahead of time because they said it wasn’t possible.

  • 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: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 6382
    Reading Time:less than a minute

    The U.S. Postal Service announced a change to its previously scheduled meeting, originally set for January 14, 2021, at 3:00 p.m. The meeting took place in Potomac, MD, and was closed to the public. The time for the closed session was moved to 1:45 p.m. Anyone needing more information can contact Michael J. Elston, Secretary of the Board, at the U.S. Postal Service.

    Simple Explanation

    The U.S. Postal Service had a secret meeting where only certain people could join, and they changed the time of this meeting, but they didn't say why. If someone wants to know more about it, they should talk to Michael J. Elston at the Postal Service.

  • 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 16014
    Reading Time:less than a minute

    The United States Postal Service Board of Governors held a special closed meeting on April 11, 2025, at their headquarters in Washington, DC. They discussed various topics, including administrative and personnel matters, as well as an executive session. The Board determined that there was no feasible way to provide public notice before the meeting. The General Counsel certified that the closure of the meeting was in accordance with the Government in the Sunshine Act. Lucy C. Trout, the Acting Secretary, is the contact person for more information.

    Simple Explanation

    The people who run the Post Office had a secret meeting to talk about job stuff and other important topics. They talked in private because they thought it was necessary, and someone checked to make sure this was okay.

  • Type:Notice
    Citation:90 FR 10958
    Reading Time:less than a minute

    The United States Postal Service held a special meeting of its Board of Governors on February 20, 2025, in Washington, DC. This meeting was closed to the public and focused on administrative and personnel matters. The meeting's closure was approved under the Government in the Sunshine Act, with the decision certified by the General Counsel of the Postal Service. For additional details, readers can contact Michael J. Elston, the Secretary of the Board of Governors.

    Simple Explanation

    The Postal Service had a secret meeting to talk about some work and people stuff, and they didn't tell anyone about it until after it happened. They said it was okay to keep it secret because of a special law, but they didn't explain why.

  • Type:Notice
    Citation:86 FR 8012
    Reading Time:about 3 minutes

    The Board of Governors of the Federal Reserve System has agreed to continue, for three more years, the existing disclosure requirements related to the Consumer Financial Protection Bureau's Regulation DD, without making any changes. These requirements involve financial institutions providing specific account information, including fees and terms, to help consumers make informed decisions when comparing deposit accounts. Though the Board requested public comment on this extension, only one comment was received, which did not pertain to the matter at hand. The Board officially adopted this extension as initially proposed.

    Simple Explanation

    The Federal Reserve decided to keep some rules for three more years to make sure banks tell people important details about their accounts, like fees, so they can pick the best one. They asked for comments about this plan, but only got one comment that didn’t help, so they went ahead with their plan anyway.

  • Type:Notice
    Citation:90 FR 17474
    Reading Time:less than a minute

    The United States Postal Service Board of Governors held a special meeting on April 22, 2025, in Washington, DC. The meeting, which was closed to the public, was approved by the Board and involved discussions on administrative, executive, and personnel matters. The General Counsel confirmed that closing the meeting complied with the Government in the Sunshine Act. For more information, contact Lucy C. Trout, the Acting Secretary of the Board of Governors.

    Simple Explanation

    The Postal Service Board of Governors had a secret, grown-ups-only meeting where they talked about important stuff, but they didn't say why it had to be secret.

  • 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.