Search Results for keywords:"Kumho P

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Search Results: keywords:"Kumho P

  • Type:Notice
    Citation:90 FR 7670
    Reading Time:about 5 minutes

    The Department of Defense (DoD) plans to sell military equipment to the Republic of Korea, totaling $170.6 million. This includes five BQM-177A Subsonic Sea-Skimming Aerial Targets for use on AEGIS Class Destroyers and additional support elements. The sale is designed to strengthen U.S. ties with South Korea by enhancing their defense capabilities. The equipment will remain under U.S. control and will not change the military balance in the region.

    Simple Explanation

    The U.S. Department of Defense wants to sell special flying robots to South Korea for $170.6 million to help them defend better, but the exact price and details about the tech are not super clear. This is supposed to make friends with South Korea stronger without causing trouble in the neighborhood.

  • Type:Notice
    Citation:86 FR 11771
    Reading Time:about 5 minutes

    The Federal Deposit Insurance Corporation (FDIC) is seeking public comments on renewing two information collection requirements as part of its obligations under the Paperwork Reduction Act of 1995. The first collection relates to recordkeeping, disclosure, and reporting requirements in connection with Regulation Z, which involves the Truth in Lending Act. The second concerns account-based disclosures linked to Consumer Financial Protection Bureau Regulations E and DD and Federal Reserve Regulation CC, ensuring proper disclosure about electronic fund transfers and deposit accounts. The public has until April 27, 2021, to submit their comments, which will be considered a matter of public record.

    Simple Explanation

    The FDIC is asking people to share their thoughts on keeping track of how certain money rules are followed. They want to make sure banks tell people the truth about their loans and accounts. People can say what they think until April 27, 2021.

  • Type:Presidential Document
    Citation:89 FR 99691
    Reading Time:less than a minute

    The President of the United States has issued a memorandum that delegates authority to the Secretary of State. This authority allows the Secretary to decide if providing up to $35 million in aid to Ukraine is important for U.S. security interests, bypassing certain laws. This delegation is made under section 614(a)(1) of the Foreign Assistance Act of 1961. The memorandum will be published in the Federal Register.

    Simple Explanation

    The President told the Secretary of State they can decide if giving $35 million to Ukraine is really important for keeping the U.S. safe, even if some rules usually say no. But, there are worries because nobody explained how or why it's important, and how the money should be used, which could cause problems.

  • Type:Notice
    Citation:90 FR 2059
    Reading Time:less than a minute

    The State Department has approved the use of up to $16 million for foreign assistance under the Foreign Assistance Act of 1961. This money will support countries participating in the Multinational Security Support mission in Haiti. The decision, authorized by Deputy Secretary of State Richard R. Verma, was made possible by overriding other legal provisions. This determination will be reported to Congress and published in the Federal Register.

    Simple Explanation

    The State Department has decided to use up to $16 million to help other countries keep Haiti safe, but it's not clear which countries will get the money or how they'll use it. This decision will be shared with Congress and written down for everyone to see.

  • Type:Proposed Rule
    Citation:90 FR 3046
    Reading Time:about 10 minutes

    The Federal Aviation Administration (FAA) is proposing a new airworthiness directive for certain models of Siam Hiller Holdings, Inc. helicopters. This proposal is due to reports of cracks in the main rotor transmission drive shaft that could result in dangerous conditions. The directive requires inspecting specific drive shafts for cracks, prohibits installing uninspected drive shafts, and restricts the use of certain paint removers. The FAA has invited public comments on this proposal, highlighting the importance of addressing these safety concerns.

    Simple Explanation

    The Airplane Boss found some broken parts on a special type of helicopter, which could make flying dangerous. Now, they want people to check these parts and be careful about what kind of paint they use on the helicopter to make sure everything stays safe.

  • Type:Presidential Document
    Citation:86 FR 7787
    Reading Time:about a minute or two

    In a memorandum dated January 13, 2021, the President of the United States delegated authority to the Secretary of State. This delegation allows the Secretary to decide if it's crucial for national security to sell up to $6.8 million worth of cluster munitions technology to South Korea. The decision can be made without considering other legal restrictions related to the Foreign Assistance Act of 1961. The memorandum also instructed that this authority be published in the Federal Register.

    Simple Explanation

    The President said the Secretary of State can choose to sell some powerful technology to South Korea, which helps make explosive bombs, if it's important to keep America safe, even if some laws usually don't allow it.

  • Type:Notice
    Citation:86 FR 6330
    Reading Time:less than a minute

    The Federal Trade Commission (FTC) has updated the financial thresholds that determine when a person is prohibited from being a director or officer of two competing companies, which is governed by Section 8 of the Clayton Act. As of January 21, 2021, competing companies are covered by these rules if each has combined capital, surplus, and undivided profits over $10,000,000, unless the competitive sales of either company are less than $1,000,000. The new threshold amounts are $37,382,000 for one type of evaluation and $3,738,200 for another. These changes reflect adjustments that happen every year based on the gross national product.

    Simple Explanation

    The FTC made new rules about how big companies can be before one person can't be a boss at two competing companies at the same time, and it's like saying if a company has more than a big number of dollars, special rules apply. They change these numbers every year to keep up with the country's money changes.

  • Type:Notice
    Citation:90 FR 7697
    Reading Time:less than a minute

    The Federal Trade Commission (FTC) is updating the thresholds related to interlocking directorates as required by a 1990 amendment to section 8 of the Clayton Act. This section generally prevents a person from serving as a director or officer for two competing companies if certain financial thresholds are met. For 2025, the new thresholds are $51,380,000 for larger companies and $5,138,000 for smaller ones, reflecting changes in the gross national product. These thresholds will apply immediately.

    Simple Explanation

    The Federal Trade Commission is updating the money limits to decide if a person can be a boss in two companies that compete with each other, making sure it's fair. In 2025, the big company limit is $51,380,000, and the small one is $5,138,000, changing because the country's money got bigger.

  • Type:Notice
    Citation:89 FR 105059
    Reading Time:about 5 minutes

    The Food and Drug Administration (FDA) is extending the comment period on the request for information about export lists for human food from other countries until February 21, 2025. This extension allows individuals and companies more time to provide input, especially regarding the potential fees for export certification services, which could affect businesses significantly. This decision follows requests for more time due to the overlap with the holiday season and the complexity of the proposed changes. Interested parties can submit comments electronically or via mail.

    Simple Explanation

    The FDA is giving people more time to tell them what they think about new rules for sending food to other countries, so folks can say if they like the changes or not by February 21, 2025.

  • Type:Notice
    Citation:86 FR 10437
    Reading Time:about 5 minutes

    The Department of the Treasury has announced that it will submit several information collection requests to the Office of Management and Budget for review under the Paperwork Reduction Act of 1995. These requests include forms for reporting income tax withholding on non-payroll payments, procedures for master and prototype plans, and rules for longevity annuity contracts. Public comments on these requests are invited until March 22, 2021. This notice provides detailed information on the purpose and requirements of each collection, along with estimates of the number of respondents and total annual burden hours.

    Simple Explanation

    The Treasury Department wants to check with people about some forms needed for paying taxes. They are asking people to give their thoughts about these forms by March 22, 2021, to make sure everything is clear and fair.