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💰Treasury Borrowing Advisory Committee Renewal

In accordance with the Federal Advisory Committee Act, as amended, with the concurrence of the General Services Administration, the Secretary of the Treasury is renewing the Treasury Borrowing Advisory Committee (the "Committee").

📈SEC Notice on Advisory Fee Exemption for Investment Companies

The SEC has issued a notice regarding an application from ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC for an exemption allowing registered investment companies to pay advisory fees in shares of common stock instead of cash. The notice outlines the details of the application and the process for potential hearings.

📉Executive Order 14192

Executive Order 14192 aims to alleviate regulatory burdens on American businesses by implementing a ten-for-one regulation repeal requirement for every new regulation introduced. This approach is designed to reduce compliance costs, spur economic growth, and improve competitiveness. The order emphasizes prudent financial management and seeks to ensure clarity and accountability within regulatory processes.

⚖️HHS Announces Revisions to Office of Assistant Secretary for Administration

🏗️Summary of CDBG-DR Grant Requirements and Financial Oversight

This notice contains a preamble and the Community Development Block Grant Disaster Recovery Universal Notice: Waivers and Alternative Requirements (the "Universal Notice"). The Universal Notice describes the processes, procedures, timelines, waivers, and alternative requirements that U.S. Department of Housing and Urban Development (HUD) intends to implement with each allocation of Community Development Block Grant Disaster Recovery (CDBG-DR) funding after a qualifying presidential disaster declaration. Specifically, following the appropriation of CDBG-DR funds for qualifying disasters, HUD will publish an Allocation Announcement Notice in the Federal Register that incorporates, via cross-reference, the waivers and alternative requirements provided in the Universal Notice, as appropriate, along with any other new requirements imposed by the specific appropriation. This notice also describes the grant award process, pre-award certification submissions, criteria for Action Plan approval, and eligible disaster recovery activities to streamline post-disaster processes for future grantees. By publishing the Universal Notice, HUD intends to provide grantees and the public with increased transparency, consistency, and more timely access to CDBG-DR funds, helping to minimize program delays and accelerate recovery.