An EPA official resigns, an appeals court revives a SEC suit, the USDA addresses mad-cow regulations, and more.
- President Obama sought to harmonize international regulations and boost trade by issuing an executive order. See related The Regulatory Review essay.
- A federal appeals court heard arguments on a plan to close Yucca Mountain nuclear site.
- The Department of Justice (DoJ) charged 107 people in a Medicare fraud bust that spanned several cities.
- A federal appeals court revived a Securities and Exchange Commission (SEC) lawsuit accusing Morgan Keegan & Co of fraudulently misleading investors about the safety of auction-rate securities it sold.
- Environmental Protection Agency (EPA) official in Texas resigned over his comments about “crucifying” oil companies.
- Goldman Sachs warned in a letter to the Federal Reserve that new Dodd-Frank regulations will eliminate up to 300,000 jobs.
- In the wake of Indonesia halting U.S. beef imports due to concerns about mad-cow disease, a consumer safety advocacy group worried that a Department of Agriculture (USDA) proposed rule will dilute safety safeguards for imported meat. See related The Regulatory Review essay.
- West Virginia Democratic Governor Tomlin said that due to President Obama’s energy and environmental regulatory policies the Democratic incumbent has yet to earn his vote.