Search Results for keywords:"regulatory reform"

The Federal Deposit Insurance Corporation (FDIC) has implemented a final rule to remove outdated and duplicative regulations related to "Prompt Corrective Action" that were inherited from the Office of Thrift Supervision (OTS). The goal is to streamline regulations and ensure clarity by consolidating these rules into existing FDIC regulations. This change affects state savings associations, making it clear that all FDIC-supervised institutions will follow the same regulations. These adjustments are not expected to have substantial impacts on small entities, as the rules remain consistent with existing FDIC standards.

The Federal Communications Commission (FCC) is seeking public comments on the future of the Part 36 separations rules. These rules help determine how costs are split between state and federal jurisdictions in the telecommunications industry. The FCC is considering whether these rules should be permanently frozen, reformed, or allowed to become outdated as technology and market conditions change. Comments are due by April 23, 2025, with reply comments due by May 8, 2025.

In Executive Order 13980, the President outlines measures to prevent Americans from being unfairly punished for breaking regulations they didn't know existed. It emphasizes that laws should be clear and that government agencies must specify when breaking a regulation could lead to criminal charges. The order suggests focusing criminal enforcement on those who knowingly break laws, instead of penalizing people for unintentional mistakes. It also encourages agencies to consider administrative or civil actions instead of criminal charges for certain regulatory offenses.

The Department of Health and Human Services and the Food and Drug Administration (FDA) are proposing to permanently waive certain premarket notification requirements for specific medical devices. This action follows temporary waivers provided during the COVID-19 pandemic to make medical devices more accessible. The proposal includes making seven class I devices and 84 class II devices permanently exempt from the 510(k) premarket notification requirement, which typically involves a costly and time-consuming process. The public is invited to comment on the proposed exemptions and suggest improvements to the regulatory system concerning medical devices.

The U.S. Army Corps of Engineers, part of the Department of Defense, has removed outdated sections called the Continuing Authorities Programs from the Code of Federal Regulations. These sections dealt with internal operations that didn't affect the public and were therefore not necessary for public compliance. The updated policies are now available in internal documents, which help avoid confusion for the public and the Corps. This change is not expected to save money for the public and supports recommendations from the Department of Defense’s Regulatory Reform Task Force.

The U.S. Army Corps of Engineers has officially removed a section of their regulations titled "Resource Use: Establishment of Objectives" from the Code of Federal Regulations. This section was seen as redundant since it covered internal operations without affecting the public. The relevant guidelines and procedures are still available in other internal documents and online publications. This update aims to clear any confusion about current policies on resource use objectives and has no significant public impact or regulatory burden.