U.S. Senators introduce bill requiring cost analyses of agency regulations, the FDA takes steps to remove trans fat from processed foods, and more…
IN THE NEWS
- U.S. Senators Rob Portman, Susan Collins, and Mark Warner introduced legislation which would require that independent agencies conduct a cost-benefit analysis of new regulations and that these agencies focus on minimizing economic burdens new rules would impose.
- The U.S. Food and Drug Administration (FDA) made a final determination to remove partially hydrogenated oils – a major source of artificial trans fat – in processed foods, an action which will require that food manufacturers remove these oils from their products within three years.
- The U.S. Securities and Exchange Commission (SEC) proposed a rule introducing new requirements for Form ADV, the registration form used by investment advisers, including that advisers submit information about separately managed accounts, and their social media use.
- The Federal Communications Commission (FCC) announced that AT&T will be fined $100 million for allegedly impairing the data speeds for customers with unlimited data plans, without providing them with adequate prior notice.
- U.S. Senator Richard Blumenthal addressed a letter to Assistant Attorney General William J. Baer, encouraging that the U.S. Department of Justice (DOJ) Antitrust Division begin an investigation of what he asserts are airlines’ anti-competitive practices.
- Animal protection groups are lobbying the U.S. Food and Drug Administration (FDA) for new labeling regulations of pet food products.
- The American Heart Association (AHA) launched a change.org petition seeking congressional re-authorization of the Healthy, Hunger-Free Kids Act – a law which authorizes funding for child nutrition programs and requires that schools serve lunches meeting certain nutritional standards.