Federal Register / Vol. 82, No. 159 / Friday, August 18, 2017 / Notices 39433 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, with revision, the voluntary 

Ongoing Intermittent Survey of 

Households (FR 3016; OMB No. 7100– 

0150). 

On June 15, 1984, the Office of 

Management and Budget (OMB) 

delegated to the Board authority under 

the Paperwork Reduction Act (PRA) to 

approve of and assign OMB control 

numbers to collection of information 

requests and requirements conducted or 

sponsored by the Board. Boardapproved collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instrument(s) 

are placed into OMB’s public docket 

files. The Federal Reserve may not 

conduct or sponsor, and the respondent 

is not required to respond to, an 

information collection that has been 

extended, revised, or implemented on or 

after October 1, 1995, unless it displays 

a currently valid OMB control number. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551, (202) 

452–3829. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

OMB Desk Officer—Shagufta 

Ahmed—Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street NW., Washington, DC 

20503 or by fax to (202) 395–6974. 

Final Approval Under OMB Delegated 

Authority of the Extension for Three 

Years, With Revision, of the Following 

Report 

Report title: Ongoing Intermittent 

Survey of Households. 

Agency form number: FR 3016. 

OMB control number: 7100–0150. 

Frequency: Monthly. 

Respondents: Households and 

individuals. 

Estimated number of respondents: 

500. 

Estimated average hours per response: 

1.58 minutes. 

Estimated annual burden hours: 158 

hours. 

General Description of Report: The 

Board uses this voluntary survey to 

obtain household-based information 

specifically tailored to the Board’s 

policy, regulatory, and operational 

responsibilities. The Board primarily 

uses the survey to study consumer 

financial decisions, attitudes, and 

payment behavior. Currently, the 

University of Michigan’s Survey 

Research Center (SRC) includes survey 

questions on behalf of the Board in an 

addendum to their regular monthly 

Survey of Consumer Attitudes and 

Expectations. The SRC conducts the 

survey by telephone with a sample of 

500 households and asks questions of 

special interest to the Board. 

Legal authorization and 

confidentiality: The Board’s Legal 

Division has determined that Section 2A 

of the Federal Reserve Act (FRA) 

requires that the Federal Reserve Board 

and the Federal Open Market 

Committee maintain long run growth of 

the monetary and credit aggregates 

commensurate with the economy’s long 

run potential to increase production, so 

as to promote effectively the goals of 

maximum employment, stable prices, 

and moderate long-term interest rates 

(12 U.S.C. 225a). Under section 12A of 

the FRA, the Federal Open Market 

Committee is required to implement 

regulations relating to the open market 

operations conducted by Federal 

Reserve Banks with a view to 

accommodating commerce and business 

and with regard to their bearing upon 

the general credit situation of the 

country (12 U.S.C. 263). Because the 

Board and the Federal Open Market 

Committee use the information obtained 

on the FR 3016 to fulfill these 

obligations, these statutory provisions 

provide the legal authorization for the 

collection of information on the FR 

3016. The FR 3016 is a voluntary 

survey. No issue of confidentiality 

normally arises under the FR 3016, as 

names and any other characteristics that 

would permit personal identification of 

respondents are not reported to the 

Board. However, should the Board 

obtain such information, it would likely 

be exempt under exemption 6 of the 

Freedom of Information Act (5 U.S.C. 

552(b)(6)) to the extent that it includes 

‘‘personnel and medical files and 

similar files the disclosure of which 

would constitute a clearly unwarranted 

invasion of personal privacy.’’ 

Current actions: On May 22, 2017 the 

Board published a notice in the Federal 

Register (82 FR 23249) requesting 

public comment for 60 days on the 

extension, with revision, of the Ongoing 

Intermittent Survey of Households. The 

Board proposed to eliminate the 

Division of Consumer and Community 

Affairs and other divisions’ SRC 

surveys, as well as non-SRC surveys, as 

these surveys have not been conducted 

since 2010 and are not expected to be 

utilized in the next several years. The 

comment period for this notice expired 

on July 21, 2017. The Board did not 

receive any comments. The revisions 

will be implemented as proposed. 

Board of Governors of the Federal Reserve 

System, August 15, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–17480 Filed 8–17–17; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RETIREMENT THRIFT 

INVESTMENT BOARD 

Sunshine Act; Notice of Board Member 

Meeting 

Agenda 

Federal Retirement Thrift Investment 

Board, Federal Retirement Thrift 

Investment Board Members’ Meeting, 

August 28, 2017, 10:00 a.m. 

(Telephonic). 

Open Session 

1. Approval of the Minutes for the July 

24, 2017 Board Members’ Meeting 

2. Monthly Reports 

(a) Participant Activity 

(b) Investment Performance 

(c) Legislative Report 

3. Quarterly Reports 

(a) Metrics 

(b) Project Activity 

(c) Audit Status 

4. 2017–2018 Calendar Review 

5. Blended Retirement Update 

6. IT Update 

Adjourn 

CONTACT PERSON FOR MORE INFORMATION: 

Kimberly Weaver, Director, Office of 

External Affairs, (202) 942–1640. 

Dated: August 16, 2017. 

Megan Grumbine, 

General Counsel, Federal Retirement Thrift 

Investment Board. 

[FR Doc. 2017–17669 Filed 8–16–17; 4:15 pm] 

BILLING CODE 6760–01–P 

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