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Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements – PYMNTS.com

Three federal banking regulators said on Thursday they are considering “additional measures” to help banks effectively manage the risks associated with bank-fintech partnerships. The authorities: Joint statement Investigate banks’ third-party deposit agreements; Request Information About collaboration between banks and fintech. of Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of […]

Albertsons and Kroger agree to pause merger amid legal, regulatory challenges

The FTC’s competition chief speaks on “The Claman Countdown” about the lawsuit to block the Kroger-Albertsons merger. Kroger and Albertsons The two companies agreed on Thursday to temporarily halt their proposed $25 billion merger while regulators take legal action to block the deal. The two companies Merger Pending The lawsuit filed by Colorado is proceeding. […]

Supreme Court upends regulatory challenges

Business and Economics Full text Boeing to buy supplier Spirit AeroSystems for $4.7 billion Boeing said Monday it plans to buy Spirit AeroSystems, a supplier it spun off from a subsidiary decades ago, in an all-stock deal for $4.7 billion. Full text Biden to extend overtime protections to 1 million workers President Biden has extended […]

Supreme Court extends regulatory statute of limitations clock in ‘swipe fees’ ruling

The Supreme Court made it easier to challenge federal regulations by ruling Monday that the six-year limitations period under the Administrative Procedure Act doesn’t start running until a plaintiff is harmed by a regulation. In an ideologically aligned 6-3 decision, the court’s conservative majority ruled that the statute of limitations does not start to run […]

Supreme Court Overturns Ruling Federal Agencies Relied On to Create Regulatory Gun Control

The Supreme Court of the United States (SCOTUS) on Friday Chevron v. National Resources Defense Council (1984) is a case that federal agencies have relied on to enact gun control laws. The American Gun Owners Association celebrated the 6-3 decision. Chevron’s tribute was rejected! https://t.co/qePkOMOmpA — American Gun Owners Association (@GunOwners) June 28, 2024 Chief […]

Daily on Energy: Notable ‘no’ votes on nuclear regulatory reform bill

NOTABLE NOS ON NUCLEAR PACKAGE: A legislative package of regulatory reforms for the nuclear sector sailed easily through the Senate Tuesday night, underlining a new wave of interest in the energy source after years of inactivity. But not everybody was on board with the legislation  – with two progressive senators notably voting nay.  Who voted […]

Supreme Court may soon undercut Biden’s regulatory regime

The future of the administrative state hangs in the balance. Supreme Court justices will soon decide in a pair of cases whether to reverse a decades-old precedent known as the Chevron deference that would curb federal agencies’ power to regulate everything from Wall Street to the stove in your kitchen. This Washington Examiner series will […]

Colorado Gov. Polis signs funeral home regulatory crackdowns into law

Colorado Gov. Jared Polis on Friday signed two bills that overhaul the state’s oversight of the funeral home industry following a series of gruesome discoveries, including 190 bodies decomposing inside funeral homes, fake ashes being sent to families, and body parts being sold without a license. The lawsuits have drawn attention to Colorado’s lax regulations […]

First Small Modular Reactor Gets Certification From Nuclear Regulatory Commission

The Nuclear Regulatory Commission announced the first-ever certification Friday of a small modular reactor design, a big step in the process of developing a new generation of new and more flexible nuclear reactors. The NRC approved the reactor design from NuScale Power, making it the first SMR design to be certified by the regulator and […]