Notice2022-04539
Treasury Advisory Committee on Racial Equity
Primary source
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Published
March 4, 2022
Issuing agencies
Treasury Department
Abstract
The Treasury Department has determined that it is in the public interest to establish the Treasury Advisory Committee on Racial Equity. A Charter for the Committee has been prepared and will be filed no earlier than 15 days following the date of publication of this notice.
Full Text
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<title>Federal Register, Volume 87 Issue 43 (Friday, March 4, 2022)</title>
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[Federal Register Volume 87, Number 43 (Friday, March 4, 2022)]
[Notices]
[Page 12549]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-04539]
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DEPARTMENT OF THE TREASURY
Treasury Advisory Committee on Racial Equity
AGENCY: Department of the Treasury.
ACTION: Notice of establishment of the Treasury Advisory Committee on
Racial Equity.
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SUMMARY: The Treasury Department has determined that it is in the
public interest to establish the Treasury Advisory Committee on Racial
Equity. A Charter for the Committee has been prepared and will be filed
no earlier than 15 days following the date of publication of this
notice.
FOR FURTHER INFORMATION CONTACT: Janis Bowdler, Counselor for Racial
Equity, Department of the Treasury, (202) 622-3002,
<a href="/cdn-cgi/l/email-protection#135662667a676a53476176726066616a3d747c65"><span class="__cf_email__" data-cfemail="703501051904093024021511030502095e171f06">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee
Act (FACA) (5 U.S.C. App., as amended), the Department of the Treasury
(``Department'') intends to establish the Treasury Advisory Committee
on Racial Equity (``Committee''). The Department has determined that
establishing this committee is necessary and in the public interest in
order to carry out the provisions of Executive Order 13985, Advancing
Racial Equity and Support for Underserved Communities Throughout the
Federal Government.
Objectives and Duties
The purpose of the Committee is to provide advice and
recommendations to the Department of the Treasury to assist the Offices
of the Secretary and Deputy Secretary in carrying out their duties and
authorities towards advancing racial equity and addressing acute
disparities for communities of color who have been historically
underserved, marginalized, and adversely affected by persistent poverty
and inequality.
The Committee shall be a continuing advisory committee with an
initial two-year term, subject to two-year re-authorizations at the
discretion of the Secretary of the Treasury. The Committee will provide
an opportunity for experts to offer their advice and recommendations to
the Office of the Secretary on a regular basis on aspects of the
domestic economy that have directly and indirectly resulted in
unfavorable conditions for Black, Latino, and Indigenous and Native
American persons, Asian Americans and Pacific Islanders and other
persons of color. Topics to be addressed by the Committee may include,
but are not limited to, financial inclusion, capital access, housing
stability, federal government supplier diversity and economic
development.
The duties of the Committee shall be solely advisory and shall
extend only to the submission of advice and recommendations to the
Offices of the Secretary and Deputy Secretary, which shall be non-
binding to the Department. No determination of fact or policy shall be
made by the Committee.
Membership
In order to achieve a fairly balanced membership, the Committee
shall include representatives from a wide range of views, such as the
Federal government, financial services industry, state regulatory
authorities, consumer or public advocacy organizations, community-based
groups, academia, philanthropic organizations, as well as others
focused on the advancement of equity priorities within the United
States. Membership balance will not be static and may change, depending
on the work of the Committee. The number of Committee members shall not
exceed twenty-five.
The Committee shall meet at such intervals as are necessary to
carry out its duties. It is estimated that the Committee will generally
meet four times per year, virtually or in person. Generally, Committee
meetings are open to the public. Nominations for membership will be
solicited in a subsequent notice in the Federal Register.
Janis Bowdler,
Counselor for Racial Equity.
[FR Doc. 2022-04539 Filed 3-3-22; 8:45 am]
BILLING CODE 4810-AK-P
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