Week in Review

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Executive order issued to promote energy efficiency, EPA and NHTSA announce stricter mpg standards, and more.

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  • President Obama signed an Executive Order intended to accelerate green energy policies in industry.
  • SEC Chairperson Mary Schapiro said she did not have the support of her fellow commissioners to propose new money market reform rules.
  • A new report by congressional auditors found that the Department of Interior has “limited” ability to identify and evaluate risks from offshore drilling projects, despite increased oversight.
  • The Federal Aviation Administration (FAA) announced it plans to review its rules about the use of mobile electronic devices, such as tablets, e-readers, and laptops, on commercial airline flights.
  • In their acceptance speeches, Republican candidates called for “simplifying and modernizing … regulations” (Mitt Romney) and  “tax fairness and regulatory reform” (Paul Ryan).
  • Texas Governor Rick Perry asked the EPA to waive its mandated Renewable Fuel Standard which requires refiners to blend a steadily increasing amount of corn-based ethanol and other biofuels into the nation’s transportation fuel.