Notice2021-22659
Debt Management Advisory Committee Meeting
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 18, 2021
Issuing agencies
Treasury Department
Full Text
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<title>Federal Register, Volume 86 Issue 198 (Monday, October 18, 2021)</title>
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[Federal Register Volume 86, Number 198 (Monday, October 18, 2021)]
[Notices]
[Page 57746]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-22659]
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DEPARTMENT OF THE TREASURY
Debt Management Advisory Committee Meeting
Notice is hereby given, pursuant to 5 U.S.C. App. 2, Sec.
10(a)(2), that a meeting will take place via conference call on
November 2, 2021 at 9:00 a.m. of the following debt management advisory
committee: Treasury Borrowing Advisory Committee.
At this meeting, the Treasury is seeking advice from the Committee
on topics related to the economy, financial markets, Treasury
financing, and debt management. Following the working session, the
Committee will present a written report of its recommendations. The
meeting will be closed to the public, pursuant to 5 U.S.C. App. 2,
Sec. 10(d) and Public Law 103-202, Sec. 202(c)(1)(B) (31 U.S.C. 3121
note).
This notice shall constitute my determination, pursuant to the
authority placed in heads of agencies by 5 U.S.C. App. 2, Sec. 10(d)
and vested in me by Treasury Department Order No. 101-05, that the
meeting will consist of discussions and debates of the issues presented
to the Committee by the Secretary of the Treasury and the making of
recommendations of the Committee to the Secretary, pursuant to Public
Law 103-202, Sec. 202(c)(1)(B). Thus, this information is exempt from
disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In
addition, the meeting is concerned with information that is exempt from
disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires
that such meetings be closed to the public because the Treasury
Department requires frank and full advice from representatives of the
financial community prior to making its final decisions on major
financing operations. Historically, this advice has been offered by
debt management advisory committees established by the several major
segments of the financial community. When so utilized, such a committee
is recognized to be an advisory committee under 5 U.S.C. App. 2, Sec.
3.
Although the Treasury's final announcement of financing plans may
not reflect the recommendations provided in reports of the Committee,
premature disclosure of the Committee's deliberations and reports would
be likely to lead to significant financial speculation in the
securities market. Thus, this meeting falls within the exemption
covered by 5 U.S.C. 552b(c)(9)(A).
The Office of Debt Management is responsible for maintaining
records of debt management advisory committee meetings and for
providing annual reports setting forth a summary of Committee
activities and such other matters as may be informative to the public
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal
Officer or other responsible agency official who may be contacted for
additional information is Fred Pietrangeli, Director for Office of Debt
Management (202) 622-1876.
Dated: October 6, 2021.
Frederick E. Pietrangeli,
Director for Office of Debt Management.
[FR Doc. 2021-22659 Filed 10-15-21; 8:45 am]
BILLING CODE 4810-25-P
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