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 […]
Supreme Court Slaps Down Challenge That Could Have Gutted Financial Regulatory Agency
The Supreme Court rejected a challenge on Thursday that could have paved the way for a consumer protection regulator to be dismantled. The court ruled by 7-2 vote that the unconventional way the Consumer Financial Protection Bureau (CFPB) receives funding is constitutional, dealing a blow to the business interests who brought the challenge. Two trade […]
Ethereum price rallies above $3.1K after unexpected regulatory victory – Cointelegraph
Ether (ETH) price rose 5.5% on May 17, approaching $3,100 for the first time in 10 days. Analysts said the rise was due to a drop in demand for fixed-income products following sluggish U.S. retail sales in April. The data raised market expectations that the U.S. Federal Reserve might cut interest rates in an effort […]
Biden’s Regulatory Blitz On Appliances Figures To Make Life More Expensive, Policy Experts Say
The Biden administration’s regulations targeting appliances will likely make life considerably more expensive, energy policy experts told the Daily Caller News Foundation. The administration’s rulemakings have covered key appliances like air conditioners, refrigerators, water heaters and furnaces, generally setting the market on course to feature energy efficient models — which are often more expensive — […]
GINN: NAIC’s New Regulatory Proposal Threatens Your Retirement Savings
The National Association of Insurance Commissioners’ (NAIC) recent regulatory proposals have concerned stakeholders across the U.S. insurance landscape. At the heart of the controversy are proposed changes that could fundamentally alter how life insurance companies invest in financial instruments, with far-reaching consequences for the broader economy and, more specifically, the retirement security of millions of […]
Hawaiian locals face housing crisis as regulatory costs drive up condo prices
Regulatory fees account for more than half of the price of new condos in Hawaii, contributing to soaring housing costs, according to a new university report. The median price for a new two-bedroom condo in Hawaii is $672,000, more than double the national average of $300,000. Long delays in permitting, parking space requirements, and other […]
Worldcoin surges over 200% despite AI regulatory challenges – crypto.news
World Coin (WLD) the current transaction At $8.85, it represents a price increase of over 253% in the past 14 days. The recent surge was driven by several factors. OpenAI’s Sora is an artificial intelligence-powered platform that transforms text into lifelike videos (Sam Altman, co-founder of Worldcoin, is also CEO and co-founder of OpenAI) Recently, […]