2025-07-18 | 2025-13504

Parent Companies of Industrial Banks and Industrial Loan Companies; Withdrawal of Proposed Rule

The Federal Deposit Insurance Corporation (FDIC) has withdrawn its August 2024 proposed rule establishing revised risk assessment criteria for parent companies of industrial banks and industrial loan companies. This action defers finalizing amendments that would have expanded 12 CFR part 354 to encompass conversions, changes of control, and subsidiary relationships while clarifying the relationship between written commitments and statutory evaluation factors. The agency will address any necessary regulatory updates through future rulemaking informed by ongoing stakeholder feedback on industrial bank filing reviews.

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33910 Federal Register / Vol. 90, No. 136 / Friday, July 18, 2025 / Proposed Rules will provide the filer with written notification of the final action as soon as the decision is rendered. (c) Other approval criteria. (1) The FDIC may approve a filing under this section if the criteria in paragraphs (c)(1)(i) through (vi) of this section are satisfied. (i) The factors set forth in section 6 of the FDI Act (12 U.S.C. 1816) have been considered and favorably resolved; (ii) The filer is at least adequately capitalized as defined in subpart H of part 324 of this chapter; (iii) Any financial arrangements that have been made in connection with the proposed relocation and that involve the filer’s directors, officers, major shareholders, or their interests are fair and reasonable in comparison to similar arrangements that could have been made with independent third parties; (iv) Compliance with the CRA and any applicable related regulations, including part 345 of this chapter, has been considered and favorably resolved; (v) No CRA protest as defined in § 303.2(l) has been filed that remains unresolved or, where such a protest has been filed and remains unresolved, the Director or designee concurs that approval is consistent with the purposes of the CRA and the filer agrees in writing to any conditions imposed regarding the CRA; and (vi) The filer agrees in writing to comply with any conditions imposed by the FDIC, other than the standard conditions defined in § 303.2(dd) that may be imposed without the filer’s written consent. (2) [Reserved] (d) Relocation of insured branch from one State to another. If the foreign bank proposes to relocate an insured State branch to a State that is outside the State where the branch is presently located, in addition to meeting the approval criteria contained in paragraph (c) of this section, the foreign bank must: (1) Comply with any applicable State laws or regulations of the States affected by the proposed relocation; and (2) Obtain any required regulatory approvals from the appropriate State licensing authority of the State to which the insured branch proposes to relocate before relocating the existing branch operations and surrendering its existing license to the appropriate State licensing authority of the State from which the branch is relocating. PART 345—COMMUNITY REINVESTMENT ■ 11. The authority citation for part 345 continues to read as follows: Authority: 12 U.S.C. 1814–1817, 1819– 1820, 1828, 1831u, 2901–2908, 3103–3104, and 3108(a). ■ 12. In appendix G to part 345, revise § 345.29(c) to read as follows: Appendix G to Part 345—Community Reinvestment Regulations


§ 345.29 Effect of CRA performance on applications.


(c) Interested parties. The FDIC takes into account any views expressed by interested parties that are submitted in accordance with the FDIC’s procedures set forth in part 303 of this chapter in considering CRA performance in an application listed in paragraphs (a)(3) and (4) and (b) of this section.


Federal Deposit Insurance Corporation. By order of the Board of Directors. Dated at Washington, DC, on July 15, 2025. Debra A. Decker, Executive Secretary. [FR Doc. 2025–13568 Filed 7–17–25; 8:45 am] BILLING CODE 6714–01–P FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 354 RIN 3064–AF88 Parent Companies of Industrial Banks and Industrial Loan Companies; Withdrawal of Proposed Rule AGENCY: Federal Deposit Insurance Corporation. ACTION: Proposed rule; withdrawal. SUMMARY: The Federal Deposit Insurance Corporation (FDIC) is withdrawing a notice of proposed rulemaking relating to parent companies of industrial banks and industrial loan companies. If the FDIC decides to make changes in this area, it will do so through a future regulatory action. DATES: The FDIC is withdrawing the proposed rule published at 89 FR 65556 (August 12, 2024) as of July 18, 2025. FOR FURTHER INFORMATION CONTACT: Catherine Topping, Counsel, (202) 898– 3975, ctopping@fdic.gov; Gregory Feder, Counsel, (202) 898–8724, gfeder@ fdic.gov; Rachel Harrison, Attorney, (703) 562–6471, racharrison@fdic.gov, Legal Division; Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. SUPPLEMENTARY INFORMATION: Background The FDIC is withdrawing the notice of proposed rulemaking described below. The FDIC no longer intends to issue a final rule with respect to this proposal. If the FDIC decides to make changes in this area, it will do so through a future regulatory action. Parent Companies of Industrial Banks and Industrial Loan Companies On August 12, 2024, the FDIC published a proposed rule that would have revised the criteria that the FDIC would consider when assessing risks presented to an industrial bank or industrial loan company (collectively, industrial bank) by its parent organization. The proposed amendments would have changed the scope of 12 CFR part 354 to include conversions involving a proposed industrial bank under section 5 of the Home Owners’ Loan Act or other transactions as determined by the FDIC, changes of control or mergers of parent companies, and other instances when an industrial bank becomes a subsidiary of a company not subject to Federal consolidated supervision. Additionally, the proposed amendments would have clarified the relationship between written commitments and the FDIC’s evaluation of the relevant statutory factors. The proposed amendments also would have set forth additional criteria that the FDIC would consider when assessing the risks presented to an industrial bank by its parent company and any affiliates and evaluating the institution’s ability to function independently of the parent company and any affiliates. The FDIC is separately soliciting information and comments from interested parties on how the FDIC reviews filings submitted by industrial banks. This feedback will inform potential changes to how the FDIC evaluates the statutory factors applicable to each filing in light of the unique aspects of industrial bank business plans and the broad range of companies that may seek to establish an industrial bank. Withdrawal of Proposed Rule The FDIC is withdrawing the proposed rule because, as noted above, it no longer intends to issue a final rule with respect to this proposal. If the FDIC decides to pursue future regulatory action in this area, it will do so by publishing a new proposed rule or other issuance consistent with the requirements of the Administrative Procedure Act, as applicable. Federal Deposit Insurance Corporation. VerDate Sep<11>2014 16:04 Jul 17, 2025 Jkt 265001 PO 00000 Frm 00013 Fmt 4702 Sfmt 4702 E:\FR\FM\18JYP1.SGM 18JYP1 khammond on DSK9W7S144PROD with PROPOSALS

Federal Register / Vol. 90, No. 136 / Friday, July 18, 2025 / Proposed Rules 33911 By order of the Board of Directors. Dated at Washington, DC, on July 15, 2025. Debra A. Decker, Executive Secretary. [FR Doc. 2025–13504 Filed 7–17–25; 8:45 am] BILLING CODE 6714–01–P FEDERAL COMMUNICATIONS COMMISSION 47 CFR Part 73 [MB Docket No. 25–215; RM–12005; DA 25– 583; FR ID 302667] Television Broadcasting Services Jacksonville, Oregon AGENCY: Federal Communications Commission. ACTION: Proposed rule. SUMMARY: This document proposes to amend the Table of TV Allotments (table) of the Federal Communications Commission’s (Commission) rules by substituting channel *24 for channel *4 at Jacksonville, Oregon in response to a Petition for Rulemaking filed by theDove Media, Inc., the permittee of a new noncommercial educational (NCE) television station to serve Jacksonville, Oregon, Facility ID No. 791569. The staff engineering analysis finds that the proposal is in compliance with the Commission’s principal community coverage and technical requirements. The substitution of channel *24 for channel *4 in the table will allow Petitioner to construct its new facility on a UHF channel and avoid the known viewer reception issues on its currently authorized VHF channel. DATES: Comments must be filed on or before August 18, 2025 and reply comments on or before September 2, 2025. ADDRESSES: Federal Communications Commission, Office of the Secretary, 45 L Street NE, Washington, DC 20554. In addition to filing comments with the FCC, interested parties should serve counsel for the Petitioner as follows: Emilie de Lozier, Wilkinson Barker Knauer, LLP, 1800 M Street NW, Suite 800N, Washington, DC 20036. FOR FURTHER INFORMATION CONTACT: Emily Harrison, Media Bureau, at Emily.Harrison@fcc.gov, (202) 418– 1665, or Mark Colombo, Media Bureau, at Mark.Colombo@fcc.gov, (202) 418– 7611. SUPPLEMENTARY INFORMATION: This is a synopsis of the Commission’s Notice of Proposed Rulemaking, MB Docket No. 25–215; RM–12005; DA 25–583, adopted July 8, 2025, and released July 8, 2025. The full text of this document is available online at https:// www.fcc.gov/edocs. This document does not contain information collection requirements subject to the Paperwork Reduction Act of 1995, Public Law 104–13. In addition, therefore, it does not contain any proposed information collection burden ‘‘for small business concerns with fewer than 25 employees,’’ pursuant to the Small Business Paperwork Relief Act of 2002, Public Law 107–198, see 44 U.S.C. 3506(c)(4). Provisions of the Regulatory Flexibility Act of 1980, 5 U.S.C. 601– 612, do not apply to this proceeding. Members of the public should note that all ex parte contacts are prohibited from the time a notice of proposed rulemaking is issued to the time the matter is no longer subject to Commission consideration or court review, see 47 CFR 1.1208. There are, however, exceptions to this prohibition, which can be found in § 1.1204(a) of the Commission’s rules, 47 CFR 1.1204(a). See §§ 1.415 and 1.420 of the Commission’s rules for information regarding the proper filing procedures for comments, 47 CFR 1.415 and 1.420. Providing Accountability Through Transparency Act: The Providing Accountability Through Transparency Act, Public Law 118–9, requires each agency, in providing notice of a rulemaking, to post online a brief plain￾language summary of the proposed rule. The required summary of this notice of proposed rulemaking is available at https://www.fcc.gov/proposed￾rulemakings. List of Subjects in 47 CFR Part 73 Television. Federal Communications Commission. Thomas Horan, Chief of Staff, Media Bureau. Proposed Rule For the reasons discussed in the preamble, the Federal Communications Commission proposes to amend 47 CFR part 73 as follows: PART 73—RADIO BROADCAST SERVICES ■ 1. The authority citation for part 73 continues to read as follows: Authority: 47 U.S.C. 154, 155, 301, 303, 307, 309, 310, 334, 336, 339. ■ 2. In § 73.622, in the table in paragraph (j), under Oregon, revise the entry for ‘‘Jacksonville’’ to read as follows: § 73.622 Digital television table of allotments.


(j) * * * Community Channel No.


Oregon


Jacksonville .......................... *24



[FR Doc. 2025–13463 Filed 7–17–25; 8:45 am] BILLING CODE 6712–01–P DEPARTMENT OF DEFENSE Defense Acquisition Regulations System 48 CFR Parts 235 and 252 [Docket DARS–2024–0027] RIN 0750–AL43 Defense Federal Acquisition Regulation Supplement: Public Access to Results of Federally Funded Research (DFARS Case 2020–D028) AGENCY: Defense Acquisition Regulations System, Department of Defense (DoD). ACTION: Proposed rule; withdrawal. SUMMARY: DoD is withdrawing the proposed rule to amend the Defense Federal Acquisition Regulation Supplement (DFARS) for the case titled: Public Access to Results of Federally Funded Research (DFARS Case 2020– D028). DoD has determined that the proposed rule’s objectives of improving public access to research results are sufficiently addressed in existing policy and regulation, and do not require implementation in the DFARS. Accordingly, this proposed rule is withdrawn, and the DFARS case is closed. DATES: The proposed rule published on September 26, 2024, at 89 FR 79003 is withdrawn as of July 18, 2025. FOR FURTHER INFORMATION CONTACT: Saleemah McMillan, telephone 202– 308–5383. SUPPLEMENTARY INFORMATION: DoD published a proposed rule in the Federal Register on September 26, 2024, VerDate Sep<11>2014 18:39 Jul 17, 2025 Jkt 265001 PO 00000 Frm 00014 Fmt 4702 Sfmt 4702 E:\FR\FM\18JYP1.SGM 18JYP1 khammond on DSK9W7S144PROD with PROPOSALS