Federal Register #FR 2248

Federal Reserve System Seeks Comment on Extension and Revision of Finance Company Data Collection (FR 2248)

The Board of Governors of the Federal Reserve System is seeking public comment on a proposed extension and revision of the Domestic Finance Company Report of Consolidated Assets and Liabilities (FR 2248). - Government Buyer: - Board of Governors of the Federal Reserve System - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a procurement of products or services - Products/Services Requested: - This is an information collection activity, not a purchase of goods or services - The report collects monthly balance sheet data from a sample of finance companies - Data includes consumer and business credit receivables and liabilities - Unique or Notable Requirements: - The report is voluntary and collected monthly - Proposed revisions aim to streamline the form, reduce respondent burden, and improve clarity - Includes both quantitative and qualitative questions - No purchase quantities or part numbers are specified

Description

The Board of Governors of the Federal Reserve System invites comments on a proposal to extend for three years, with revision, the Domestic Finance Company Report of Consolidated Assets and Liabilities (FR 2248; OMB No. 7100-0005). This report is collected monthly from a stratified sample of finance companies and includes balance sheet data on consumer and business credit receivables and liabilities. The proposed revisions aim to streamline the reporting form, reduce respondent burden, and improve clarity. Comments must be submitted by September 8, 2026.

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