Announcement of meeting of the Consumer Advisory Council.The Board of Governors of the Federal Reserve System Board of Governors of the Federal Reserve System The managing body of the Federal Reserve System, which sets policies on bank practices and the money supply. on June 1, 2004, announced that the Consumer Advisory Council would hold its next meeting on Thursday, June 24, 2004. The meeting took place in Dining Room E, Terrace level, in the Board's Martin Building. The session began at 9 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT and was open to the public. The Council's function is to advise the Board on the exercise of its responsibilities under various consumer financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. laws and on other matters on which the Board seeks its advice. Time permitting, the Council planned to discuss the following topics: * courtesy overdraft protection * foreign bank remittances and access to financial services by new immigrants * economic growth and the regulatory paperwork reduction act The Paper Reduction Act, officially the Paperwork Reduction Act of 1980, Pub. L. No. 96-511, 94 Stat. 2812 (Dec. 11, 1980), codified in part at Subchapter I of Chapter 35 of Title 44 of the United States Code, through , is a United States federal law enacted in 1980 that of 1996 * proposed rules to the Community Reinvestment Act Community Reinvestment Act (CRA) Enacted by Congress in 1977, the CRA encourages banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations. Reports by committees and other matters initiated by the Council members were also discussed. The Board invited comments from the public. |
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