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FDA Deregulates This Salad Topping After 70 Years

Agency is revoking 'standard of identity' for French dressing, opening up ingredient possibilities

(Newser) - For nearly a quarter century, a trade group representing mayo, condiment, and salad dressing makers has been trying to get the Food and Drug Administration to back off a rule that holds one dressing in particular to what critics have said are overly strict standards. Now, it's "liberation"...

Cubs Can Be Killed in Alaska Dens Under Trump Rule Change

NPS, Fish and WiNPS, Fish and Wildlife to relax Obama-era regulations related to federal lands

(Newser) - Two federal agencies are relaxing Obama-era regulations on wildlife, now allowing for more hunting and trapping at national preserves throughout Alaska. The Alaska Daily News reports that the rolling back by the National Park Service and Fish and Wildlife Service of the 2015 prohibitions will allow hunters to take black...

Trump's Dishwasher Lament Generates Attention

'Now you press it 12 times. Women tell me ...'

(Newser) - President Trump gave one of his longest speeches to date Wednesday night, with ridicule of his impeachment in the House a big topic. But Trump also hit on a less consequential issue that's now generating headlines: dishwashers. As in, the machines in people's kitchens. "Remember the dishwasher?...

Dow Makes History
Dow Makes History

Dow Makes History

It reaches 23K for the first time

(Newser) - Expect some presidential tweets after this: The Dow reached 23,000 for the first time in its history Tuesday morning. President Trump has been boasting of late about the stock market's rise during his presidency, and MarketWatch reports that the most recent surge seems to be tied to Wall...

EPA Boots 5 Scientists From Advisory Panel

EPA chief Scott Pruitt may replace them with industry reps

(Newser) - At least five scientists on the EPA's 18-member Board of Scientific Counselors were dismissed Friday, part of the agency's directive under President Trump to tamp down the agency's regulatory powers, per the New York Times . "The administrator believes we should have people on this board who...

Trump Just Signed a Brand-New Executive Order

This one's taking on what president says are 'excessive' federal regulations

(Newser) - Steve Bannon spoke at the Conservative Political Action Conference on Thursday, and it looks like President Trump's chief strategist wasn't exaggerating when he talked about the commander in chief's plans for "deconstruction of the administrative state." Per Reuters , Trump surrounded himself Friday with CEOs...

Obscure Act, Used Only Once, Could Undo Obama Rules

House Republicans voted to repeal 2 regulations

(Newser) - Moving to dismantle Barack Obama's legacy on the environment and other issues, House Republicans approved a measure 228-194 Wednesday that scuttles a regulation aimed at preventing coal mining debris from being dumped into nearby streams. Lawmakers also voted 235-187 to rescind a separate rule requiring companies to disclose payments...

Trump Makes 2 Controversial Picks for His Economic Team

One of them wrote Death by China

(Newser) - Donald Trump has chosen the author of Death by China and The Coming China Wars to lead a new national trade body, signaling that he isn't planning to budge on the anti-China rhetoric of the campaign trail. Economist Peter Navarro, a leading China hawk, has been appointed head of...

Eurozone Wants Greeks to Work 6 Days a Week

Demand likely to draw yet more resistance to austerity measures

(Newser) - If Greece's eurozone creditors have their way, a lot of people may be coming in to work on Sundays. In a leaked letter sent to Athens last week, the European Commission, European Central Bank, and IMF demanded that Greece "increase flexibility of work schedules" by allowing employers in...

GOP Looks to Gut Environment Rules
GOP Looks to Gut Environment Rules

GOP Looks to Gut Environment Rules

39 environmental rollbacks added to appropriations bill

(Newser) - Paul Simon knew 50 ways to leave your lover, but House Republicans are apparently working on 39 ways to ditch environmental protection, reports the New York Times . With the nation's energies focused on the looming debt ceiling, the GOP is loading up an appropriations bill with environmental deregulation—such...

US Nuclear Regulators Routinely Weaken Rules
US Nuclear Regulators Routinely Weaken Rules

US Nuclear Regulators Routinely Weaken Rules

Changing standards keep ancient reactors running, despite wear and tear

(Newser) - US regulators are helping the nuclear power industry keep its aging plants in line with safety requirements by repeatedly loosening those requirements, according to a year-long AP investigation . The AP found thousands of problems—from cracking tubes to failed cables to leaking valves—all of which made the plants less...

Inquiry Concludes: Financial Crisis Was Avoidable

Report blames mismanagement, poor regulation, excess risk

(Newser) - Corporate mismanagement, excessive risk-taking by Wall Street, and inadequate government regulation caused the 2008 financial crisis, according to a 576-page report by the Financial Crisis Inquiry Commission, due to be released today. The report blames policies by both the Clinton and Bush administrations, Fed chairmen Alan Greenspan and Ben Bernanke,...

Don't Expect Obama to Find 'Dumb' Rules
Don't Expect Obama to Find 'Dumb' Rules

Don't Expect Obama to Find 'Dumb' Rules

He's not the first president to look for uncontroversial cuts

(Newser) - Don’t get too excited over Barack Obama’s promise to cut unnecessary, contradictory and “ just plain dumb ” regulations. Lots of presidents have promised the same thing, and they rarely get anywhere, the New York Times observes. Even seemingly silly regulations have their supporters, making repeal a political...

Obama Moves to Root Out 'Dumb' Regulations

New executive order will trim, streamline rules

(Newser) - Republicans have said that deregulation will be a major part of their platform, but it looks like President Obama is beating them to the punch. The president will sign an executive order today mandating “a government-wide review of the rules already on the books” that aims to “root...

Issa to Big Biz: What Can I Do for You?

Eric Cantor says removing rules a major part of GOP agenda

(Newser) - Darrell Issa saved lobbyists some time last month: he went to them. The incoming chairman of the Oversight and Government Reform Committee sent more than 150 letters to various industry groups and businesses, asking what regulations they think inhibit job growth, Politico reports. Democrats bemoaned the move, but Eric Cantor...

Joe Klein: Gulf Spill Is Bush's 2nd Katrina

Deregulation caused disaster, Klein says

(Newser) - The massive oil spill in the Gulf isn't President Obama's Hurricane Katrina, it's George W. Bush's second Katrina, according to Time pundit Joe Klein. Klein, appearing on the Chris Matthews Show, blamed the spill on Bush-era regulations, and Dick Cheney's "deregulation, and lording over the Minerals Management" office, Mediaite...

Regulate, Baby, Regulate; Drilling Won't Solve Much

Only energy industry re-regulation can stop zooming gas prices

(Newser) - President Obama's decision to open up new offshore drilling was a brilliant political move that may or may not harm the environment, Thomas Frank writes in the Wall Street Journal. But if Obama wants to avoid a repeat of the oil price crisis of 2008—that which fueled the "...

Financial Reform: 'Punks' Take on Plutocrats
 Financial Reform: 
 'Punks' Take on Plutocrats 

Financial Reform: 'Punks' Take on Plutocrats

GOP argument against reform is upside-down, writes Paul Krugman

(Newser) - With financial reform on deck, Senate Republicans are busily figuring out how many "can get away with claiming that war is peace and regulating big banks is doing those big banks a favor," writes Paul Krugman in the New York Times . Alabama's Richard Shelby is portraying efforts to...

Banks' Lobbying Blitz a Betrayal of Public Trust
Banks' Lobbying Blitz a Betrayal of Public Trust

Banks' Lobbying Blitz a Betrayal of Public Trust

After toppling economy, Wall St. now opposes consumer protections?

(Newser) - “Banking is based on trust,” Elizabeth Warren argues in the Wall Street Journal , yet lately banks have “thrown away customer trust like so much worthless trash.” After ripping off the public for years with deceptive mortgages and credit card tricks, they’re now lobbying furiously against...

McCain, Cantwell Join Forces to Break Up Banks

Unlikely duo sponsor bill to reinstate Glass-Steagall

(Newser) - John McCain, reconnecting with his inner maverick, has teamed up with liberal firebrand Maria Cantwell on a bill to break up Wall Street banks by reinstating the Glass-Steagall Act. The Depression-era law, dumped a decade ago, enforced a split between commercial banking and investment banking. The effort to bring it...

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