The Director of the Consumer Financial
Protection Bureau (CFPB or the Bureau) may invite individuals with
special expertise to serve on the Bureau’s advisory committees. The
selection-related material will allow the Bureau to obtain
information on the qualifications of individuals nominated to an
advisory committee and will aid the Bureau in selecting members for
service on an advisory committee. The selection-related information
will also aid the Bureau in determining the appropriateness of
participation in particular matters. The information collected from
applicants will aid the Bureau in the exercise of its functions.
The feedback collected will allow the Bureau to evaluate and
improve its advisory committee program. Information collected will
be used for vetting candidates, issue travel orders or provide
reimbursement for travel expenses, as applicable.
The changes in burden reflect
the Bureau’s decision to discontinue and subsequently to seek a
reinstatement of this collection of information; therefore, the
burden change is considered a program change. The Bureau
discontinued this information collection as it was undergoing
certain revisions to enhance the utility of the collection. The
previously approved burden was 425 respondents, 805 responses, and
503 hours. As compared to the previous approval, the estimated
number of respondents is projected to remain at 425, while the
estimated number of responses has decreased from 805 to 735 and the
estimated number of burden hours has decreased from 503 to 491. The
reduction in the estimated number of responses and hours results
from the Bureau removing the previously approved feedback survey
from this OMB number. The Bureau is considering certain changes to
this survey and will seek OMB approval separately in the future
should it decide to reinstate the use of that survey
instrument.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.