President Obama pushes for Asian trade deal, bill to reform toxic chemical regulation moves forward in House, and more….
- President Obama spoke at Nike’s headquarters in Oregon about the Trans-Pacific Partnership (TPP), a proposed trade agreement with eleven countries.
- In an effort to reform key legislation concerning the nation’s toxic chemical laws for the first time in several decades, the House Energy and Commerce Committee’s Environment and the Economy Subcommittee unanimously approved a draft of the bipartisan TSCA Modernization Act.
- Verizon Wireless and Sprint Corporation reached settlements with the Federal Communications Commission (FCC), totaling $158 million, for allegedly adding third-party fees to customers’ bills without customer approval.
- The U.S. Census Bureau (USCB) issued a final rule amending the foreign trade regulations, which will exempt temporary exports from the reporting requirement.
- The U.S. Court of Appeals for the D.C. Circuit vacated the Federal Communications Commission’s (FCC) order that merger applicants in the cable industry submit certain proprietary documents for review, a decision which will permit media companies to keep deal documents confidential.
- U.S. Senator Richard Shelby issued a discussion draft of the Financial Regulatory Improvement Act of 2015 that includes changes to the Federal Reserve System.
- The U.S. Court of Appeals for the D.C. Circuit held that the Postal Accountability and Enhancement Act does not entirely foreclose the Postal Regulatory Commission (PRC) from determining that some mail preparation requirements constitute “changes in rates,” but that the Commission’s decision in the case was arbitrary and capricious “for lack of reasoned decisionmaking.”