Rules and Regulations. Notification of a request for comments

Agency: National Credit Union Administration (NCUA)
Action: Notification of a request for comments
Citation: FR Doc. 2025-06966 · RIN 3133-AF42 · RIN 3133-AF53 · 12 CFR 701, 741, 745

Summary

Consistent with the January 20, 2025, White House memorandum to the Heads of Executive Departments and Agencies, captioned “Regulatory Freeze Pending Review,” the NCUA Board (Board) is soliciting public comment for a period of 60 days on two of its recently published final rules that have not fully taken effect. Specifically, through publication of this notice, the Board invites comment on its final rule captioned “Simplification of Share Insurance,” published on September 30, 2024, which takes full effect on December 1, 2026; and the final rule captioned “Succession Planning,” published on December 26, 2024, which takes full effect on January 1, 2026. The public comment period will allow interested parties to provide comments about issues of fact, law, and policy raised by the two final rules.

Dates

Comments must be received on or before June 23, 2025.

Supplementary Information

On January 20, 2025, The White House issued a memorandum to the heads of executive departments and agencies, captioned “Regulatory Freeze Pending Review.” The memorandum was published in the Federal Register on January 28, 2025. 1 Among other instructions, the memorandum directs agencies to “consider opening a comment period to allow interested parties to provide comments about issues of fact, law, and policy raised by the rules” that have not yet taken effect and to “consider reevaluating pending petitions involving such rules.” 2 1 90 FR 8249 (Jan. 28, 2025). 2 Id. Consistent with the January 20, 2025, White House memorandum, the Board invites public comment for a period of 60 days on its Simplification of Share Insurance 3 and Succession Planning final rules. 4 3 89 FR 79397 (Sept. 30, 2024). 4 89 FR 104865 (Dec. 26, 2024). Authority: 12 U.S.C. 1752(5), 1755, 1756, 1757, 1758, 1759, 1761a, 1765, 1761b, 1766, 1767, 1781, 1782, 1784, 1785, 1786, 1787, 1788, 1789; title V, Pub. L. 109-351;120 Stat. 1966. By the National Credit Union Administration Board, this 17th day of April 2025. Melane Conyers-Ausbrooks, Secretary of the Board. [FR Doc. 2025-06966 Filed 4-22-25; 8:45 am]