Notice2022-07664
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
April 11, 2022
Issuing agencies
Treasury Department
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 69 (Monday, April 11, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 69 (Monday, April 11, 2022)]
[Notices]
[Pages 21264-21265]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-07664]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Debt Management Advisory Committee Meeting
Notice is hereby given, pursuant to 5 U.S.C. app. 2, 10(a)(2), that
a meeting will be held at the United States Treasury Department, 15th
Street and Pennsylvania Avenue NW, Washington, DC on May 3, 2022 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,
10(d) and Public Law 103-202, 202(c)(1)(B)(31 U.S.C. 3121 note).
[[Page 21265]]
This notice shall constitute my determination, pursuant to the
authority placed in heads of agencies by 5 U.S.C. app. 2, 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, 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, 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: April 6, 2022.
Frederick E. Pietrangeli,
Director, Office of Debt Management.
[FR Doc. 2022-07664 Filed 4-8-22; 8:45 am]
BILLING CODE 4810-25-P
</pre></body>
</html>Indexed from Federal Register on April 11, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.