FED – Federal Reserve announces final rule making technical, clarifying changes to the Federal Open Market Committee’s rules describing its Freedom of Information Act procedures


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April 08, 2021

Federal Reserve announces final rule making technical, clarifying changes to the Federal Open Market Committee’s rules describing its Freedom of Information Act procedures

For release at 10:30 a.m. EDT

The Federal Reserve on Thursday announced a final rule that makes technical, clarifying updates to the Federal Open Market Committee’s rules describing its Freedom of Information Act (FOIA) procedures. The final rule is generally similar to the proposal from October 2020, with a few changes in response to public comments.

The final rule implements non-substantive updates to the Committee’s FOIA regulation to be consistent with the Committee’s current practices & to incorporate recent changes in law & guidance. The revisions to the final rule also clarify terms & help users more easily navigate the process of filing a FOIA request. Additionally, the final rule incorporates formatting & language from the FED’s revisions to its own FOIA regulation, which became effective October 15, 2020.

The final rule is effective 30 days after publication in the Federal Register.

For media inquiries, call 202-452-2955.

Last Update:

April 08, 2021

Source: Federal Reserves

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