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The Farm Service Agency (FSA) has announced the funding for the Emergency Commodity Assistance Program (ECAP), as part of the 2025 American Relief Act. This program will provide financial aid to eligible producers of specific crops affected by natural disasters in the 2024 crop year. Eligible commodities include wheat, corn, soybeans, and several other crops, and financial limits apply depending on the income of the producer from farming. Applications are open until August 15, 2025, and the necessary steps and documentation for applying have been outlined by the FSA.

The Department of Education is inviting applications for new fiscal year 2021 awards supporting the creation of a National Technical Assistance Center. This center will focus on improving postsecondary education and training outcomes for individuals who are deaf or hard of hearing. The initiative aims to foster collaboration among various educational and vocational entities to better meet the needs of these individuals, providing technical assistance and disseminating effective educational practices. The department has allocated $4,000,000 in available funds for this project period.

The National Marine Fisheries Service (NMFS) proposes to implement Framework Adjustment 39 to the Atlantic Sea Scallop Fishery Management Plan for the 2025 and 2026 fishing years. This plan includes setting scallop catch limits, allocating fishing efforts, and modifying access area management to protect juvenile scallops. The adjustment also involves seasonal closures, area openings, and a research set-aside for scallop studies. The proposed rule aims to prevent overfishing, increase yield, and optimize the sustainability of scallop fisheries.

The final regulations clarify the application of excise taxes on payments made for air transportation services. Specifically, they address the exemption for payments made for certain aircraft management services, including maintenance and support of an aircraft owner's plane, ensuring that the tax does not apply to amounts paid for these services. The regulations also discuss rules related to aircraft charters and the responsibilities of various parties in collecting the air transportation taxes. These changes aim to incorporate statutory updates and simplify compliance for taxpayers and IRS examiners.

The United States Department of Agriculture (USDA) is implementing changes to the Biobased Markets Program, also known as the BioPreferred Program, following updates from the 2018 Farm Bill. The updated rule merges two previous sets of guidelines into one, streamlining the regulatory process for designating and labeling biobased products that qualify for federal procurement preferences. This final rule aims to make it easier for these products to qualify for federal use and merges federal guidelines for procurement and labeling into a single, simplified regulation effective January 8, 2025.

The Environmental Protection Agency (EPA) has finalized a rule under the Toxic Substances Control Act (TSCA) to regulate the chemical known as Phenol, Isopropylated Phosphate (3:1) (PIP (3:1)). This rule prohibits the processing and distribution of PIP (3:1) and products containing it, with certain exceptions for specific industries like aviation and automotive, where no safer alternatives exist. The rule also bans the release of this chemical into water and mandates that commercial users follow best practices to prevent such releases. The regulation aims to reduce the manufacture, use, and disposal of PIP (3:1), thereby lowering the risk of exposure to humans and the environment.

The Securities and Exchange Commission (SEC) has announced a proposed rule change by MEMX LLC, which aims to amend Exchange Rule 19.3. This change would allow the exchange to list and trade options on the iShares Bitcoin Trust, providing investors a chance to engage with Bitcoin through a public market rather than directly. The new rule outlines measures like custody provisions, position limits, and compliance with existing standards for trading and oversight. MEMX believes this proposal will give investors more options for managing their investments and hedging risks related to Bitcoin.

The Cboe BZX Exchange, Inc. proposed a rule change to allow listing of options on the iShares Ethereum Trust, which involves trading options on a fund that represents interests in Ethereum. This proposal is aligned with a similar rule change approved for Nasdaq ISE, LLC and aims to provide investors with a lower-cost tool for gaining exposure to Ethereum. The Exchange has set conservative position and exercise limits for these options to ensure market stability and plans to follow the same rules that apply to other Exchange-Traded Fund (ETF) options. This new offering is expected to enhance market transparency and provide an alternative to the unregulated over-the-counter options market.

BOX Exchange LLC has proposed a rule change to amend several of its rules to enable the listing and trading of options on the iShares Ethereum Trust. This proposal includes modifications to listing criteria, position limits, and the mechanism for how these options will be traded. The exchange believes options on this trust provide investors with a more accessible and cost-effective way to invest in Ethereum, which is a popular cryptocurrency. The proposed rule changes are designed to prevent market manipulation while enhancing transparency and efficiency in trading these options.

The Securities and Exchange Commission (SEC) received a proposed rule change from the Cboe EDGX Exchange, Inc., which the Exchange has already deemed non-controversial. The proposal aims to allow listing options on the iShares Ethereum Trust, enabling investors to trade these options in a more regulated environment compared to over-the-counter exchanges. The proposal outlines how these options will be managed and supervised, ensuring that they adhere to existing trading rules and limits. Overall, this move is seen as beneficial for investors, providing more opportunities to trade Ethereum-related options while ensuring market transparency and oversight.