WASHINGTON, Dec. 16 (TNSFR) -- The Federal Reserve System has released the 2025 aggregate global indicator amounts, essential for calculating the risk-based capital surcharges for global systemically important bank holding companies (GSIBs). This step is required under the regulatory framework designed to ensure the resiliency of the largest financial institutions in the U.S. The rule establishes a methodology (Method 1) to identify GSIBs based on twelve systemic indicators grouped into five e  more

WASHINGTON, Dec. 16 (TNSFR) -- The General Services Administration has issued a final rule that amends multiple parts of the Federal Management Regulation (FMR) to simplify and update policies governing various government operations. This comprehensive overhaul aims to ensure compliance with legal mandates and enhance efficiency across the management of aviation, federal advisory committees, mail, motor vehicles, personal property, real property and transportation. The rule aligns the FMR with   more

WASHINGTON, Dec. 16 (TNSFR) -- The U.S. Department of the Treasury Internal Revenue Service has adopted final regulations regarding the exclusion from gross income of tribal general welfare benefits. These regulations and applying to taxable years beginning thereafter, clarify the requirements for an Indian tribal government program to qualify its benefits for this exclusion. The rule affects federally recognized tribes, their governments and instrumentalities, and members of suchribes, as well  more

WASHINGTON, Dec. 16 (TNSFR) -- The U.S. Department of the Treasury Internal Revenue Service has issued final rules regarding the Federal tax classification of organizations entirely owned by Indian tribal governments. The regulations provide greater clarity and consistency with respect to tribal sovereignty and economic development. Under the final guidance, organizations wholly owned by one or more Tribes and organized or incorporated under tribal law are generally not recognized as separate e  more

WASHINGTON, Dec. 16 (TNSFR) -- The U.S. Department of Commerce International Trade Administration has announced the opening of the January 2026 inclusions window for submissions regarding tariffs on automobile parts. The action will allow for the possible addition of more parts to the duties authorized by the President under Section 232 of the Trade Expansion Act of 1962. The administration established this process after the President issued Proclamation 10908, "Adjusting Imports of Automobiles  more