The Federal Accounting Standards Advisory Board (FASAB) announced that its Appointments Panel will have meetings on February 3, 19, and 20, 2025. These meetings are meant to discuss recommendations for appointing non-Federal members. However, the meetings will be closed to the public as they will cover sensitive topics relating to internal rules and personal privacy. The decision to close the meetings comes under specific legal provisions allowing such actions to protect sensitive information.
Simple Explanation
The FASAB is a group that helps with accounting rules, and they're having some secret meetings to choose people for special jobs. These meetings are private to keep certain things safe and secret.