Supreme Court to hear challenge to Consumer Bureau’s funding
The CFPB's creation was a part of the Dodd-Frank financial overhaul intended to safeguard consumer welfare. It's constitutionality has been questioned by Republicans for years.
Nevada medical flight crash that killed five outside Reno is fourth incident in recent years: NTSB
A medical transport flight that crashed in northern Nevada is the fourth incident investigated by the National Transportation Safety Board in recent years.
Ticketmaster, Live Nation face increased pressure for DOJ probe from Republican and Democratic senators
Two senators urged the Justice Department in a letter this week to continue investigating Ticketmaster and its parent company, Live Nation, for alleged anticompetitive conduct.
US regulators warn banks of heightened liquidity risks in crypto-related deposits
Office of the Comptroller of the Currency joined the Federal Reserve and Federal Deposit Insurance Corp. in issuing the joint warning about crypto's risks.
Church of Jesus Christ of Latter-day Saints, its investment adviser settle SEC probe
The church will also pay a $1 million fine, the SEC said Tuesday. The money manager and the church settled the SEC’s investigation without admitting or denying wrongdoing.
Manufacturers to EPA: We’re leading air quality gains, we don’t need more rules
The National Association of Manufacturers is pushing back against a rule proposed by the Biden administration's EPA to tighten air quality rules, arguing it will hurt the economy.
Minnesota Democrat lawmakers push ban on gas-powered lawn mowers, chainsaws to curb 'climate pollution'
Representatives of Minnesota's Democratic-Farmer-Labor Party introduced bills to prohibit sales of non-electric yard equipment and ice resurfacing machines such as Zambonis.
New SEC rules target corporate insider trading
SEC’s new disclosure requirements start on April 1 for most U.S.-listed companies. Will make it more difficult to use planned stock sales to conduct insider trading.
Activision CEO Kotick ‘will stay’ in unlikely event Microsoft merger fails: sources
Microsoft announced its intention to acquire Activision Blizzard in January 2022. Activision is known for its "Call of Duty," World of Warcraft" and "Candy Crush" video games.
US agencies seek tougher rules, internal probes on stock trading by federal officials
Financial Regulators to strengthen conflict of interest rules to avoid insider trading and restore trust after a WSJ article in October exposed copious corruption.
Small businesses sound the alarm on inflation, energy, supply chain delays: ‘Bleeding money’
Small business owners in West Virginia told House lawmakers Monday they are still reeling from higher prices, federal regulation and continuing supply chain problems.
SEC considers easing climate-disclosure rules after investor pushback
The final version of the SEC rules, expected this year, will likely still mandate some climate disclosures in financial statements, according to the people close to the agency.
Energy Department proposes tighter efficiency standards for gas, electric stoves and ovens
The Department of Energy on Wednesday proposed new energy efficiency regulations for gas and electric stove appliances, saying it's not a ban.
FDA calls on Congress to create new regulations for hemp-derived CBD products
The FDA said Thursday that there are still too many unknowns about the burgeoning market for CBD products to regulate them as either food or supplements.
FDA rejects Lilly’s alzheimer’s drug candidate, seeks more data
Lilly said it would work with the FDA to evaluate the fastest pathway to get its Alzheimer’s drug to market after what it believes was a successful trial.
FTC orders Mastercard to stop blocking competitor debit payments
The Federal Trade Commission has ordered Mastercard to cease business practices it claims are designed to bar vendors from routing payments through third parties.
Keystone oil spill could tighten US Gulf crude stocks
TC Energy's Keystone pipeline shut down after leaking 14,000 barrels of oil in a creek in Kansas. Keystone usually brings 600,000 bpd to US refineries.
House Republicans try to ensure proliferating Biden regulations are not destroying small businesses
House Republicans called on the Biden administration to ensure its historical levels of regulations do not disproportionately impact small businesses.
FDA takes tougher line on fast-tracked drugs
The Food and Drug Administration relies on preliminary data to make the decision, but asks companies to conduct follow-up studies to confirm that the drug works.
How FTX bought its way to become the 'most regulated' crypto exchange
FTX collapsed after a futile bid by Sam Bankman-Fried to raise emergency funds. It came under regulatory oversight through the dozens of licenses it picked up via its many acquisitions.