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15 Apr 2025

đŸ“‰Treasury Direct Final Rule on Eliminating Unnecessary Regulations

Eliminating Unnecessary Regulations

Summary

Pursuant to an Executive order, the Department of the Treasury (Treasury) is conducting a review of existing regulations, with the goal of reducing regulatory burden by revoking or revising existing regulations that meet the criteria set forth in the Executive order. In support of that objective, this direct final rule streamlines titles 12 and 31 of the Code of Federal Regulations (CFR) by removing regulations that are no longer necessary or no longer have any current or future applicability.

Agencies

  • Treasury Department

Business Impact ?

$$ - Med

The regulation involves the removal of unnecessary regulations that may reduce compliance burdens for businesses, particularly those involved with the Federal Financing Bank and TARP-related regulations, thus potentially leading to cost savings and improved operational efficiency.

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