Title 15, Commerce and TradeRelease 119-110

§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 Sep 22, 2026|Official source

Summary

The Chair of the Federal Reserve Board can say in writing that urgent, unusual circumstances exist and let the Board meet without following the normal federal open‑meeting rules. That power runs from March 27, 2020 until whichever comes first: the end of the national emergency about COVID–19 declared by the President on March 13, 2020, or December 31, 2020. The Board must keep a record of every Board vote and the reasons for each vote during that time.

Full Legal Text

Title 15, §9048

Commerce and Trade, Source: USLM XML via OLRC

(a)In general

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)

(2)December 31, 2020.

(b)Records

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

Sep 22, 2026

Release point: 119-110