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Search Results: keywords:"regulation update"

  • H. R. 2835, known as the β€œSmall Bank Holding Company Relief Act,” proposes to amend regulations for small bank and savings and loan holding companies in the United States. The bill directs the Federal Reserve to update policy statement regulations to increase the consolidated...

    Simple Explanation

    H. R. 2835 is a plan to make it easier for banks with up to $25 billion in assets to follow fewer rules, but some people are worried that it might make things unfair for smaller banks.

  • H. R. 1361 aims to clarify existing regulations to permit the installation of pulsating light systems for high-mounted stop lamps on vehicles, a measure intended to enhance collision avoidance. The bill mandates that starting from the date it becomes law, pulsating light...

    Simple Explanation

    The bill explains that special blinking lights can be added to cars' back lights to help prevent accidents by making them more noticeable. It also says that rules will be updated to allow these blinking lights, which will blink quickly when someone hits the brakes and then turn into a steady light, but won't blink again right away to avoid confusion.