What: On April 15, 2025, pursuant to deregulatory initiatives in Executive Order 14219, the U.S. Department of the Treasury (Treasury) published a direct final rule to remove regulations that are no longer necessary or no longer have any current or future applicability.
Why: Treasury is removing regulations that are no longer necessary or no longer have any current or future applicability. The regulations to be removed relate to Federal Financing Bank bills, the Book-Entry Procedure for Federal Financing Bank Securities, the TARP Standards for Compensation and Corporate Governance, the TARP Conflicts of Interest, and FinCEN’s redundant civil penalty for certain violations of the Bank Secrecy Act.
Action: Submit comments through Regulations.gov or by mail no later than May 15, 2025.
FEDERAL REGISTER NOTICE:
Eliminating Unnecessary Regulations
CONTACT:
Tanner Long
EMAIL:
TOPIC(S):
Treasury
Is your small business or entity being impacted by a proposed rule? If yes, write a comment letter to the proposing agency.