The CBO lowers estimated cost of Affordable Care Act, EPA reports reduced greenhouse gas emissions in 2012, and more…
- The Congressional Budget Office (CBO) lowered its estimate of the cost to implement the Affordable Care Act’s insurance expansion by $100 billion over the next decade.
- The Environmental Protection Agency (EPA) reported that greenhouse gas emissions fell more than 3% in 2012.
- The Consumer Financial Protection Bureau (CFPB) took steps to give banks more time to implement systems to inform consumers of the fees they pay on international money transfers.
- The European Parliament approved a law that would make it easier to shutter troubled banks.
- A federal appeals court in Washington upheld an EPA rule regulating toxic air pollution emitted by power plants, including mercury, arsenic, and other chemicals.
- The D.C. Circuit Court of Appeals also overturned a Securities and Exchange Commission (SEC) rule that would have soon required companies to disclose whether they sold products containing so-called “conflict minerals.”
- In a recent paper, researchers at the Federal Reserve Bank of San Francisco argued that hedge funds helped contribute to the global financial crisis.
- The Illinois House of Representatives passed a bill that would allow state regulators to set rules for the packaging of e-cigarette fluids.