Search Results for citation:"90 FR 12115"

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Search Results: citation:"90 FR 12115"

  • Type:Proposed Rule
    Citation:90 FR 12115
    Reading Time:about 3 minutes

    The Federal Deposit Insurance Corporation (FDIC) is withdrawing its proposed rules related to brokered deposit restrictions, corporate governance, and the Change in Bank Control Act. These proposals, published in 2023 and 2024, aimed to revise existing regulations but faced issues like being overly complex, conflicting with state laws, and potentially discouraging investments in banks. If the FDIC decides to take regulatory action on these matters in the future, it will announce new proposals.

    Simple Explanation

    The FDIC has decided not to continue with some new banking rules that might have been too confusing or made it hard for people to invest in banks; if they want to try again later, they'll come up with new ideas.

  • Type:Proposed Rule
    Citation:90 FR 12115
    Reading Time:about 11 minutes

    The Federal Aviation Administration (FAA) has proposed a new airworthiness directive for Boeing 787-8, 787-9, and 787-10 airplanes due to issues found with their forward pressure bulkhead during assembly, such as excessive gaps. These defects could lead to fatigue cracks that weaken the airplane's structure if not fixed. The proposed rule requires inspections and necessary repairs to prevent potential safety hazards. The FAA is accepting public comments on this proposal until April 28, 2025.

    Simple Explanation

    The FAA wants to make sure certain Boeing airplanes are safe because some part of the airplane might have gaps that could cause problems. They want the airplanes to be checked and fixed if needed, but they haven't said how much the fixes might cost exactly.