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The Federal Deposit Insurance Corporation (FDIC) has established a new rule that requires certain commitments and conditions for companies seeking to have an industrial bank or industrial loan company as a subsidiary without being subject to consolidated supervision by the Federal Reserve Board. This rule aims to ensure that these firms, referred to as "Covered Companies," engage in yearly reporting, permit FDIC examinations, and uphold capital and liquidity standards for their industrial bank subsidiaries. These measures are expected to mitigate risks to the Deposit Insurance Fund and maintain the safety and soundness of these financial institutions. The rule also includes a requirement for contingency plans in certain situations to handle financial or operational stress without resorting to bankruptcy or government receivership.

Puerto Verde Industrial Railroad, LLC (PVIR), a noncarrier company, plans to operate a 2.43-mile private railroad track in Maverick County, Texas, on the site of a former coal mine. This site, owned by PVIR's affiliate, Farming Hydrasource, LLC, is being converted into an industrial park. Once operational, PVIR will provide carrier services like switching and transloading for local businesses. The railroad's annual revenue is projected to stay under $5 million, classifying it as a Class III rail carrier. The earliest start date for operations under this exemption is January 1, 2025, and certain regulatory reviews do not apply to this project.

North Florida Industrial Railroad, LLC (NFIR) has submitted a notice to lease and operate approximately 4,891 feet of inactive railroad track in Columbia County, Florida. This track connects the North Florida Mega Industrial Park with a rail line run by Florida Gulf & Atlantic Railroad. The lease will help the park's tenants by facilitating the shipment of goods. NFIR states that its projected revenues will remain under $5 million and that this arrangement will not affect its status as a Class III rail carrier. This plan is exempt from environmental and historic preservation reviews.

Land Rush Rail Corporation (LRRC), a non-carrier company, filed for an exemption to lease and operate a 37.26-mile rail line in Kansas and Oklahoma, previously under Blackwell Northern Gateway Railroad's control. This transition follows a Federal Railroad Administration emergency order that stopped BNGR's operations, granting a temporary license to Chicago, Rock Island & Pacific Railroad to manage the line. LRRC's annual revenue from this transaction is projected not to exceed $5 million, and the transaction may proceed on or after March 20, 2025, unless revoked. The exemption is categorized as environmentally and historically negligible, exempting it from broader regulatory reviews.

The Environmental Protection Agency (EPA) has issued the 2021 National Pollutant Discharge Elimination System (NPDES) Multi-Sector General Permit (MSGP) for stormwater discharges from industrial activities. This permit replaces the expired 2015 MSGP and covers eligible operators in areas where the EPA is the permitting authority, including states, Indian country lands, and U.S. territories. The new permit introduces changes such as streamlined language, public signs for permit coverage, and new monitoring requirements. It will be effective from March 1, 2021, and lasts for five years, aiming to ensure compliance with the Clean Water Act.

The Environmental Protection Agency (EPA) is seeking public comments on a proposed permit, the 2026 Multi-Sector General Permit (MSGP), which regulates stormwater discharges from certain industrial activities. The new permit, once finalized, will replace the existing permit set to expire on February 28, 2026, and will be valid for five years. The permit will cover specific types of industrial facilities in areas where the EPA has authority, with comments due by February 11, 2025. Notable changes in the new permit include updates to stormwater control measures, monitoring requirements, and the introduction of certain effluent limitations to address environmental concerns like per- and polyfluoroalkyl substances (PFAS).

The Environmental Protection Agency (EPA) has submitted a request to the Office of Management and Budget (OMB) to review and approve an information collection concerning small industrial-commercial-institutional steam generating units. This is an extension of a previously approved collection, allowing additional public comments until February 10, 2021. The request involves ensuring owners of small steam generators (between 2.9 MW and 29 MW capacity) comply with reporting and recordkeeping standards to verify adherence to environmental regulations. The estimated total burden of this requirement is 219,000 hours per year, costing $38.3 million annually, and assumes a growth in the industry leading to an increase in the number of respondents.

The Environmental Protection Agency (EPA) has asked the Office of Management and Budget (OMB) to approve an extension of their information collection request (ICR) for small steam generating units. This ICR, which currently lasts until December 31, 2024, involves collecting compliance information from certain industrial, commercial, and institutional steam units built after June 9, 1989. The renewal estimates a total burden of 241,000 hours and a cost of $51.7 million per year. The public has until January 17, 2025, to submit comments on this request.

The Environmental Protection Agency (EPA) has finalized a rule for managing commercial and industrial solid waste incineration units (CISWI) that were built on or before June 4, 2010, and not updated since August 7, 2013. This rule applies to states without approved plans for reducing emissions from these units and entails adopting federal guidelines to decrease pollutants like lead, mercury, and sulfur dioxide. In addition, the rule introduces changes to testing, monitoring, and recording requirements, emphasizing reductions in emissions and the implementation of stricter operational practices to curb pollution. Units in Alaska that qualify as "small, remote incinerators" are exempt from certain standards until further regulations address this category.

The Environmental Protection Agency (EPA) has finalized a rule to address health risks posed by trichloroethylene (TCE) under the Toxic Substances Control Act. The rule includes prohibitions on the manufacture, processing, distribution, and use of TCE across various industrial and commercial applications, with certain phase-outs and exemptions focusing on critical uses such as in lead-acid battery separators and essential aerospace operations. All consumer uses of TCE are prohibited, and strict workplace controls are mandated for remaining uses until prohibition is fully implemented. These measures aim to eliminate the unreasonable health risks associated with TCE exposure, while providing time for affected industries to transition to safer alternatives.