Search Results for citation:"90 FR 16424"

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Search Results: citation:"90 FR 16424"

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  • 2025-06577 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:90 FR 16424
    Reading Time:about a minute or two

    The Office of Foreign Assets Control (OFAC), part of the U.S. Department of the Treasury, has published names of individuals added to the Specially Designated Nationals and Blocked Persons List (SDN List). These individuals have had their property and interests within U.S. jurisdiction blocked, and U.S. individuals and companies are generally not allowed to conduct business with them. The action was effective as of April 9, 2025. Further information about the sanctions can be found on the OFAC website.

    Simple Explanation

    The U.S. government has made a list of people they are not allowed to trade with because they might be doing bad things, and they are making sure these people can't use their money in the U.S. anymore.

  • 2025-06484 — Proposed Collection of Information: Creditor's Request for Payment of Treasury Securities Belonging to a Decedent's Estate Being Settled Without Administration
    Type:Notice
    Citation:90 FR 16424
    Reading Time:about a minute or two

    The Department of the Treasury is asking for public comments on a form used to settle the estates of deceased individuals without formal administration. This form, known as FS Form 1050, allows creditors to request payment from Treasury Securities held in the deceased person's estate. The Bureau of the Fiscal Service is seeking input to ensure the collection of information remains effective and minimally burdensome under the requirements of the Paperwork Reduction Act of 1995. Comments are accepted until June 16, 2025.

    Simple Explanation

    The Treasury Department is asking people what they think about a form that helps pay back money to people who are owed by someone who has died, without going through lots of paperwork. They want to make sure using the form is easy and doesn't take too much time.