[Federal Register Volume 63, Number 184 (Wednesday, September 23, 1998)]
[Notices]
[Pages 50914-50915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25352]
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FEDERAL RESERVE SYSTEM
Notice of Meeting of Consumer Advisory Council
The Consumer Advisory Council will meet on Thursday, October 22.
The meeting, which will be open to public observation, will take place
at the Federal Reserve Board's offices in Washington, D.C., in Dining
Rooms E and F of the Martin Building (Terrace level). The meeting will
begin at 9:00 a.m. and is expected to continue until 4:00 p.m., with a
lunch break from approximately 1:00 p.m. until 2:15 p.m. The Martin
Building is located on C Street, Northwest, between 20th and 21st
Streets.
The Council's function is to advise the Board on the exercise of
the Board's responsibilities under the Consumer Credit Protection Act
and on other matters on which the Board seeks its advice. Time
permitting, the Council will discuss the following topics:
Community Development Lending on Indian Reservations. The Community
Affairs and Housing Committee will lead a Council discussion on ways to
overcome potential barriers to community reinvestment and community
development lending on Indian Reservations.
Debit Cards with Stored-Value Characteristics. The Depository and
Delivery Systems Committee will lead a discussion of possible treatment
under Regulation E (Electronic Fund Transfers) of certain debit-card
products with stored-value characteristics.
Community Reinvestment Act. The Bank Regulations Committee will
lead a discussion on several issues related to the implementation of
Regulation BB (Community Reinvestment Act), such as the scope of the
limited-purpose bank designation, the primacy of the lending test, bank
performance under the services and investments tests, and the use of
the strategic plan option.
Credit Scoring. An ad hoc committee representing the Bank
Regulations, Consumer Credit, and Community Affairs and Housing
Committees will lead a discussion on issues related to the increased
use and possible impact of credit scores on mortgage and small business
loan providers and consumers.
Governor's Report. Federal Reserve Board Member Edward M. Gramlich
will report on recent Board initiatives and issues of concern.
Members Forum. Individual Council members will present views on
economic conditions present within their industries or local economies.
Committee Reports. Council committees will report on their work.
Other matters previously considered by the Council or initiated by
Council members also may be discussed.
Persons wishing to submit views to the Council regarding any of the
above topics may do so by sending written statements to Deanna Aday-
Keller, Secretary, Consumer Advisory Council, Division of Consumer and
Community Affairs, Board of Governors of the Federal Reserve System,
Washington, D.C. 20551. Information about this meeting may be obtained
from Ms. Aday-Keller, 202-452-6470. Telecommunications Device for the
Deaf
[[Page 50915]]
(TDD) users may contact Diane Jenkins, 202-452-3544.
Board of Governors of the Federal Reserve System, September 17,
1998.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 98-25352 Filed 9-22-98; 8:45am]
BILLING CODE 6210-01-F
