Biden finalizes crackdown on gas cars, forcing more than half of new car sales to be electric by 2030
The Biden administration has finalized a long-awaited proposed environmental regulation that would curb tailpipe emissions from gasoline-powered vehicles as part of a broader effort to reduce greenhouse gas emissions and combat global warming. In a joint announcement Wednesday, the White House and the Environmental Protection Agency (EPA) released the most aggressive combined pollutant emission standards […]
CFPB finalizes rule capping credit card late fees at $8 on average
The CFPB’s new rules close loopholes that allow banks to charge exorbitant late fees. (iStock) The Consumer Financial Protection Bureau (CFPB) is finalizing rules that will limit the amount of late fees consumers can be charged. The rule limits late fees to 25% of the required payment and ends automatic inflation adjustments to these fees, […]
SEC finalizes weakened rule to make companies disclose climate information
The federal government will require some large publicly traded companies to disclose their greenhouse gas emissions under new Securities and Exchange Commission (SEC) rules. The SEC on Wednesday approved a bill that would require large companies to tell investors about greenhouse gas emissions directly attributable to their operations if that information could affect their decision […]