Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024
§ 265.12 - Functions delegated to the Secretary of the Federal Open Market Committee.

The Secretary of the Federal Open Market Committee (or the Deputy Secretary in the Secretary's absence) is authorized:

(a) Records of policy actions. To approve for inclusion in the Board's Annual Report to Congress, records of policy actions of the Federal Open Market Committee.

(b) [Reserved]

authority: 12 U.S.C. 248(i) and (k)
source: 87 FR 54003, Sept. 1, 2022, unless otherwise noted.
cite as: 12 CFR 265.12