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FDIC Board Meeting

November 16, 2023 — FDIC Board Meeting

This was a notational vote.

By notational vote, the Board approved a Final Rule on the Special Assessment Pursuant to the Systemic Risk Determination and the Designated Reserve Ratio for 2024.

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 items were notationally approved:

Votes

ActionForAgainstAbstention
Final Rule on the Special Assessment Pursuant to Systemic Risk DeterminationChairman Gruenberg
Director Chopra
Director Hsu
 
Vice Chairman Hill
Director McKernan
 
Designated Reserve Ratio for 2024Chairman Gruenberg
Director Chopra
Director Hsu
Vice Chairman Hill
Director McKernan
  

Outside of the notational vote, the Board received a memorandum on the DIF Restoration Plan Semiannual Update. Chairman Gruenberg released a statement regarding the matter.

Last Updated: December 7, 2023