This was a notational vote.
By notational vote, the Board approved a Review of FDIC Regulations in Accordance with the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA), Request to Publish Third Notice Requesting Comment on Three Categories of Regulations.
A notational vote is an action by the Board of Directors taken without a meeting. The Executive Secretary distributes written materials to all members of the Board. Board members then vote or indicate their abstention in writing. The vote of the majority of the members of the Board on each item of business is the act of the Board, provided that a majority of members then in office vote or indicate their abstention on such item.
The following item was approved:
- Memorandum and resolution regarding Review of FDIC Regulations in Accordance with the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA), Request to Publish Third Notice Requesting Comment on Three Categories of Regulations
Votes
| Action | For | Against | Abstention |
|---|---|---|---|
| Review of FDIC Regulations in Accordance with the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA), Request to Publish Third Notice Requesting Comment on Three Categories of Regulations | Chairman Gruenberg Vice Chairman Hill Director McKernan Director Hsu Director Chopra |