Search Results for citation:"86 FR 8016"

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Search Results: citation:"86 FR 8016"

  • 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:Notice
    Citation:86 FR 8016
    Reading Time:about 5 minutes

    The Federal Reserve is seeking public feedback on its proposal to continue the Survey of Consumer Finances for three more years without any changes. This survey, conducted every three years, provides detailed information on American families' finances, including assets, debts, and income. Public comments will help the Board determine if any adjustments to the survey are needed. Responses will not reveal personal identities and are vital for shaping economic policies.

    Simple Explanation

    The Federal Reserve wants to keep asking families about their money for three more years to make smart decisions about the economy, and they promise to keep everyone's answers a secret. They are asking people to share their thoughts on this idea to see if any changes are needed.