Title 15 — Commerce and TradeRelease 119-73not60

§9048 Temporary Government in the Sunshine Act Relief

Title 15 › Chapter 116— CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) › Subchapter III— ECONOMIC STABILIZATION AND ASSISTANCE TO SEVERELY DISTRESSED SECTORS OF THE UNITED STATES ECONOMY › Part A— Coronavirus Economic Stabilization › § 9048

Last updated Apr 3, 2026|Official source

Summary

If the Chairman says in writing that unusual and urgent circumstances exist, the Board may meet without following section 552b from March 27, 2020 until the national COVID‑19 emergency declared March 13, 2020 ends or December 31, 2020, whichever comes first. The Board must record all votes and reasons during that period.

Full Legal Text

Title 15, §9048

Commerce and Trade — Source: USLM XML via OLRC

(a)Except as provided in subsection (b), notwithstanding any other provision of law, if the Chairman of the Board of Governors of the Federal Reserve System determines, in writing, that unusual and exigent circumstances exist, the Board may conduct meetings without regard to the requirements of section 552b of title 5 during the period beginning on March 27, 2020, and ending on the earlier of—

(1)the date on which the national emergency concerning the novel coronavirus disease (COVID–19) outbreak declared by the President on March 13, 2020 under the National Emergencies Act (50 U.S.C. 1601 et seq.) terminates; or

(2)December 31, 2020.

(b)The Board of Governors of the Federal Reserve System shall keep a record of all Board votes and the reasons for such votes during the period described in subsection (a).

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

The National Emergencies Act, referred to in subsec. (a)(1), is Pub. L. 94–412, Sept. 14, 1976, 90 Stat. 1255, which is classified principally to chapter 34 (§ 1601 et seq.) of Title 50, War and National Defense. For complete classification of this Act to the Code, see

Short Title

note set out under section 1601 of Title 50 and Tables.

Reference

Citations & Metadata

Citation

15 U.S.C. § 9048

Title 15 — Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60