Pursuant to the provisions of the “Government in the Sunshine Act” (5 U.S.C. § 552b), notice was given that the Federal Deposit Insurance Corporation's Board of Directors would meet in open session to consider the following matters.
Today the Federal Deposit Insurance Corporation's Board of Directors met in open session to discuss the Deposit Insurance Fund Restoration Plan Semiannual Update and Proposed Resolutions Related to Change in Bank Control Act. Materials and information relative to the Board actions are available here:
Deposit Insurance Fund Restoration Plan Semiannual Update
Proposed Resolutions Related to Change in Bank Control Act
- Memorandum and Resolution presented by Director McKernan (No vote - withdrawn by McKernan)
- Resolution and draft Notice of Proposed Rulemaking presented by Director Chopra (No vote - withdrawn by Chopra)
- Statement by Chairman Martin J. Gruenberg
- Statement by Vice Chairman Travis Hill
- Statement by Jonathan McKernan, Director of the Federal Deposit Insurance Corporation
- Statement by Rohit Chopra, Director of Consumer Financial Protection Bureau
- Statement by Michael J. Hsu, Acting Comptroller of the Currency
Votes1
| Action | For | Against | Abstention |
|---|---|---|---|
| Deposit Insurance Fund Restoration Plan Semiannual Update | Chairman Gruenberg Vice Chairman Hill Director McKernan Director Chopra Director Hsu |
- 1
Proposed Resolutions related to the Change in Bank Control Act were withdrawn and no votes were taken.