BETHESDA, MD - The Biophysical Society condemns the Office of Management and Budgets (OMB) Notice of Proposed Rulemaking (NPRM) on Federal Financial Assistance, released Friday, May 29th. The NPRM is a sweeping overhaul of federal rulemaking and oversight, removing individual oversight from federal agencies to promulgate rules and oversee how regulations are implemented and enforced internally.