The Executive Order titled "Restoring Common Sense to Federal Procurement" aims to simplify and streamline the Federal Acquisition Regulation (FAR), the set of rules governing how the Federal Government buys goods and services. The President has directed that within 180 days, agencies should revise the FAR to remove unnecessary rules, making it more effective and efficient. The goal is to create a procurement system that is less bureaucratic and more aligned with the national interest. Any provisions in the FAR that are not required by law and do not enhance the system's functioning may be eliminated or set to expire within four years unless reviewed and renewed.

The Federal Aviation Administration (FAA) has issued a new airworthiness directive (AD) for certain models of Leonardo S.p.a. helicopters. This mandate is in response to a reported manufacturing issue with specific main rotor blades (MRBs) that could lead to safety risks. The AD requires repeated inspections and replacements of the affected MRBs to ensure the safety of the helicopters and prohibits the installation of these defective blades. The compliance is based on guidelines from the European Union Aviation Safety Agency and includes provisions for special flight permits to allow helicopters to be flown to maintenance facilities for necessary repairs.

The Department of Labor (DOL) is requesting public comments on an information collection relating to the employment of H-2B nonimmigrant workers. This request, part of the Employment and Training Administration's (ETA) efforts, seeks to gather opinions on the necessity and utility of the information being collected. Interested parties can submit comments until May 19, 2025. The ICR involves a form for employers who want to hire H-2B workers under specific legislative provisions.

The Office of the Comptroller of the Currency (OCC) is inviting public comments on the renewal of an information collection related to "Market Risk," as part of its ongoing effort to reduce paperwork and respondent burden, in line with the Paperwork Reduction Act of 1995. According to this rule, national banks and federal savings associations with significant market risk exposure are required to adhere to specific guidelines for managing and disclosing this risk. Public comments on the necessity, accuracy, and ways to improve the information collection process are due by June 17, 2025. The OCC aims to ensure that these financial institutions maintain sufficient capital adequacy for their market risk level through these regulations.

The U.S. Department of the Treasury is conducting the 2025 Terrorism Risk Insurance Program (TRIP) Data Call. Insurance companies participating in TRIP must submit specific information covering 2024, using forms approved by the Office of Management and Budget. This data, due by May 15, 2025, aids in assessing the availability and affordability of terrorism risk insurance. There are training sessions and a website provided to assist insurers in the data submission process, ensuring compliance with a statutory deadline for a related study due to Congress.