Search Results for citation:"86 FR 7271"

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Search Results: citation:"86 FR 7271"

  • Type:Notice
    Citation:86 FR 7271
    Reading Time:about 3 minutes

    Cornell University and the University of Minnesota have applied for duty-free entry of various scientific instruments not manufactured in the United States. The instruments include a six-axes sample manipulator and a multi-gas lamp from China, intended for studying electronic properties in materials science. Additionally, the University of Minnesota seeks to import a spark plasma sintering system from Japan for researching structural ceramics and metals. The applications have been accepted, and public comments are invited on whether similar instruments exist domestically.

    Simple Explanation

    Cornell and the University of Minnesota want to bring in special machines from other countries to help them with science experiments, and they need permission to do it without paying extra taxes. People can talk about whether the same machines are made in the US before the government decides.

  • Type:Notice
    Citation:86 FR 7271
    Reading Time:about 40 minutes

    The Bureau of Consumer Financial Protection shared its observations on how various financial services adjusted during the COVID-19 pandemic, as highlighted in this special edition of Supervisory Highlights. The report documents the Bureau's assessments in areas like mortgage, student loans, auto loans, credit cards, and more, noting challenges faced by these sectors and their responses to rapidly changing consumer needs. Many financial institutions struggled with increased consumer requests for assistance, inaccurate information dissemination, and operational adjustments, highlighting risks that could potentially harm consumers. The Bureau aimed to help these institutions recognize and address these risks to better protect consumers.

    Simple Explanation

    The Consumer Financial Protection Bureau looked at how banks and lenders handled changes during COVID-19, like helping people with loans and credit cards. Financial places had a hard time keeping up with so many requests and sometimes messed up, so the Bureau wants to help them do better to keep people safe.