WASHINGTON, Oct. 30 (TNSFR) -- The U.S. Department of the Treasury Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. proposed a rule to eliminate the consideration of "reputation risk" from their supervisory programs. The action is intended to increase the efficiency and objectivity of bank supervision by focusing on traditional risk channels like credit, market, and operational risk. The agencies state that the use of reputation risk is subjective, adds little v more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. These regulations revise criteria for a qualifying employer under the William D. Ford Federal Direct Loan (Direct Loan) program, specifically by adding provisions to exclude organizations that engage in illegal activities such that they have a substantial illegal purpose. The rule states: " more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. * * * (Continued from Part 1 of 6) SUPPLEMENTARY INFORMATION: Executive Summary The Department of Education (Department) is committed to ensuring that taxpayer dollars are not used to support organizations engaged in unlawful activities. To uphold this principle, the Secretary will exclu more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. * * * (Continued from Part 2 of 6) Discussion: The Department acknowledges that rules at the Federal and State levels broadly prohibit nonprofit organizations from engaging in illegal conduct, but the Department disagrees that this final rule is duplicative of those efforts. Indeed, as ex more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. * * * (Continued from Part 3 of 6) Discussion: The Department rejects claims that the phrase "substantial illegal purpose" is too vague to be understood. The activities that are included within this term are defined in this final rule. Organizations that have engaged in an illegal activit more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. * * * (Continued from Part 4 of 6) X. Regulatory Impact Analysis Executive Orders 12866, 13563, and 14192 Under Executive Order 12866, the Office of Management and Budget (OMB) must determine whether this regulatory action is "significant" as defined by that Executive Order and, therefor more PR

WASHINGTON, Oct. 31 (TNSFR) -- The U.S. Department of Education Office of Postsecondary Education has issued final regulations for the Public Service Loan Forgiveness (PSLF) program, effective July 1, 2026. * * * (Continued from Part 5 of 6) PART 685--WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM 1. The authority citation for part 685 is revised to read as follows: Authority: 20 U.S.C. 1070g, 1087a, et seq., unless otherwise noted. 2. Amend Sec.685.219 by: a. Adding paragraphs (b)(1) thro more PR

WASHINGTON, Oct. 30 (TNSFR) -- The U.S. Environmental Protection Agency is proposing to approve Alaska's air quality plan to address regional haze for the second implementation period. This plan, submitted by the Alaska Department of Environmental Conservation (DEC), aims to improve visibility in federally protected areas by reducing manmade air pollution. The plan addresses requirements under the Clean Air Act (CAA) and the EPA's Regional Haze Rule, which seeks to prevent future and remedy exi more PR