This part is issued by the Board of Governors of the Federal Reserve
System (“the Board”) under section 552b of title 5 of the United States
Code, the Government in the Sunshine Act (“the act”), to carry out the
policy of the act that the public is entitled to the fullest practicable
information regarding the decision making processes of the Board while at the
same time preserving the rights of individuals and the ability of the Board
to carry out its responsibilities. These regulations fulfill the requirement
of subsection (g) of the act that each agency subject to the provisions of
the act shall promulgate regulations to implement the open meeting
requirements of subsections (b) through (f) of the act.