Notice published by Federal Reserve System on Sept. 13

The US Federal Reserve System published a one page notice on Sept. 13, according to the U.S. Government Publishing Office.

The notice is focused on In accordance with Sec. 271.5 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on June 29-30, 1999.\1\ The directive was issued to the Federal Reserve Bank of New York as follows: -.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on Sept. 13

Title
In accordance with Sec. 271.5 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on June 29-30, 1999.\1\ The directive was issued to the Federal Reserve Bank of New York as follows: -