Search Results for citation:"90 FR 9431"

The Appraisal Subcommittee of the Federal Financial Institutions Examination Council announced a special closed meeting that took place virtually on February 5, 2025. During the meeting, they discussed State Compliance Reviews and a personnel matter, but no actions were taken. This meeting was held pursuant to section 1104(b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

The U.S. Department of Homeland Security, through U.S. Customs and Border Protection, has issued an amended notice imposing additional duties on products imported from China, following an executive order by the President aimed at addressing the synthetic opioid supply chain. The notice modifies the Harmonized Tariff Schedule of the United States to include new duty rates and clarifies that certain goods, such as those eligible for the de minimis exemption, may still qualify for duty-free treatment until new systems to process tariffs are in place. The additional duties are effective for products entered from February 5, 2025, and specific provisions are outlined for goods in transit before that date. Importation exceptions include certain personal items and goods eligible for temporary duty reductions.

The Federal Reserve System has released a notice about applications under the Change in Bank Control Act. This announcement concerns individuals and trusts seeking to acquire shares in banks or bank holding companies. Specifically, the Pratt Family PFBS Irrevocable Trust aims to join a control group to acquire voting shares of PFBS Holdings, Inc., which would give them control over Lakeside Bank in Texas. Comments on these applications are welcome until February 27, 2025, and can be submitted to the Federal Reserve Bank of Dallas or the Board of Governors.