Minutes of the Meeting of the Treasury Borrowing Advisory Committee July 30, 2024

July 31, 2024The Committee convened in a closed session at the Department of the Treasury at 9:00 a.m.All members were present.Veronica Clark from Citigroup was also present to assist the Committee Chair. Under Secretary for Domestic Finance Nellie Liang, Fiscal Assistant Secretary David Lebryk, Assistant Secretary for Financial Markets Josh Frost, Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office of Debt Management Tom Katzenbach welcomed the Committee.Other members of Treasury staff present were Shantanu Banerjee, Chris Cameron, Nicholas Chisholm, Dave Chung, Gabriella Csepe, Chris Kubeluis, Joshua Stachura, Renee Tang, and Laura Thrift.Federal Reserve Bank of New York staff members Ellen Correia Golay, Brian Greene, and Kyle Watson were also present.Director Pietrangeli reviewed year-over-year changes in receipts and outlays through Q3 FY2024.