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The National Credit Union Administration (NCUA) has adopted a final rule to clarify the role of supervisory guidance in regulating credit unions. This rule makes clear that supervisory guidance, unlike laws or regulations, doesn't have the force of law and does not create binding obligations. The NCUA won't take enforcement actions based on supervisory guidance but will use it to communicate expectations and provide examples of best practices. The rule is intended to ensure that guidance remains a helpful tool for both examiners and credit unions without creating legal obligations.

The State Department has issued a notice regarding the delegation of authority in debt collection and waiver claims. The Secretary of State has granted the Principal Officer at a post the power to make decisions about certain financial claims, such as compromises or settlements, involving the Department of State, provided the claims are less than $500. This authority is non-transferable, meaning these powers cannot be delegated further beyond the Principal Officer. The delegation of authority has been published in the Federal Register as required.

The Federal Aviation Administration (FAA) is proposing a new airworthiness directive to replace a previous directive regarding Embraer S.A. airplanes, addressing issues with the aileron power control actuator (PCA) that could impact flight safety. This proposed rule aims to correct a previously identified error in task identification numbers and reiterates the need for routine inspections and corrections of PCA rod ends and fittings to prevent cracks or failures that could reduce aircraft controllability. The FAA is seeking public comments on this proposal until March 17, 2025.

Lake Lynn Generation, LLC has been granted an annual license to operate the Lake Lynn Hydroelectric Project until a new license is issued or the project is disposed of according to the Federal Power Act. This annual license is effective from December 1, 2024, through November 30, 2025. If a new license or other action is not completed by November 30, 2025, the license will automatically renew unless the Commission decides otherwise. The current terms and conditions will remain in place during this period.

The U.S. Nuclear Regulatory Commission (NRC) granted a one-time exemption to the Tennessee Valley Authority (TVA) for the Sequoyah Nuclear Plant, Unit 2. This exemption allows certain workers to follow less strict work hour rules for up to 21 days during early 2025 to complete necessary maintenance and repairs. The exemption aims to ensure plant safety and reliability while not endangering public health. TVA plans to complete critical testing and maintenance during this period to prepare the plant for higher power demands in warmer months.

The Food and Drug Administration (FDA) is seeking public comments on a proposed information collection related to medical device shortages. Under the Paperwork Reduction Act, they must announce proposed data collection plans and allow a 60-day public comment period. This data will help the FDA manage medical device availability during emergencies by obtaining information on production changes that could cause shortages. Additionally, the CARES Act gives FDA the power to require notifications from manufacturers about disruptions that could impact device supply, especially during public health emergencies.

The Federal Energy Regulatory Commission (FERC) is investigating a rate decrease proposed by System Energy Resources, Inc. to see if it is unfair or unlawful. The investigation was launched under Section 206 of the Federal Power Act and is detailed in Docket No. EL21-24-000. FERC is allowing interested people to participate by filing a notice or motion to intervene within 21 days after their order was issued. Due to COVID-19 precautions, FERC encourages electronic document submissions and has limited access to physical resources.

The Federal Energy Regulatory Commission (FERC) has started an investigation to determine if PJM Interconnection, L.L.C.'s tariff is unfair or unlawful. This action was taken under the authority of the Federal Power Act, and the Commission has set a refund effective date following this notice's publication for the investigation case. Interested parties have 21 days to intervene by filing with FERC. To make it easier for the public to engage, FERC offers support and encourages electronic filing of comments and interventions through their website.

The Office of the Comptroller of the Currency (OCC) adopted a final rule to codify the Interagency Statement Clarifying the Role of Supervisory Guidance issued in 2018 along with the Federal Reserve, FDIC, NCUA, and the Bureau of Consumer Financial Protection. This rule emphasizes that supervisory guidance, unlike laws or regulations, does not have legal force and doesn't create legally binding obligations for the public. The rule aims to ensure that the OCC will follow the principles of administrative law and use guidance to support transparency and consistency in the supervision of banks. The final rule takes effect on March 15, 2021, and assures that supervisory guidance will continue to be a valuable tool without being enforceable like laws.

The U.S. Nuclear Regulatory Commission (NRC) is considering a license amendment for the Nuclear Ship Savannah (NSS) in Baltimore, Maryland. This amendment would allow for the completion of decommissioning activities under the License Termination Plan (LTP), which MARAD will implement if the NRC approves it. After the decommissioning, a request can be made to terminate NSS's license so that the ship can be preserved, dismantled, or turned into a reef. The NRC's environmental assessment found no significant impact, which means a more detailed environmental impact statement isn't needed.