12 CFR § 272.1 - Authority.

---
identifier: "/us/cfr/t12/s272.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 272.1 - Authority."
title_number: 12
title_name: "Banks and Banking"
section_number: "272.1"
section_name: "Authority."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "B"
subchapter_name: "FEDERAL OPEN MARKET COMMITTEE"
part_number: "272"
part_name: "RULES OF PROCEDURE"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 552."
regulatory_source: "38 FR 2754, Jan. 30, 1973, unless otherwise noted."
cfr_part: "272"
---


# 272.1 Authority.

This part is issued by the Federal Open Market Committee (the Committee) pursuant to the requirement of section 552 of title 5 of the United States Code that every agency shall publish in the *Federal Register* its rules of procedure.