The agency wants Congress to intervene, saying it does not have adequate oversight powers to ensure the safety of the myriad cannabidiol products derived from hemp.
Category: Law and Legislation
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FDA Seeks More Authority to Oversee CBD Products
The New York Times – Business: -
House Passes Bill to Study FAA Alert System Whose Outage Grounded Flights
The New York Times – Business:The outage caused departures nationwide to be halted one morning this month, disrupting travel and drawing attention to the Federal Aviation Administration’s outdated technology.
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California Voters to Decide on Regulating Fast-Food Industry
The New York Times – Business:Pre-empting a law signed last year, business groups forced a ballot initiative on state oversight of wages and working conditions.
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New Lawsuit Challenges State Bans on Abortion Pills
The New York Times – Business:The case, brought by GenBioPro, a company that makes one of two abortion drugs, argues that it is unconstitutional for a state to bar access to a medication approved by the federal government.
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Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
The New York Times – Business:Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
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As Tax Season Starts, a Beleaguered I.R.S. Looks to Bolster Customer Service
The New York Times – Business:The Biden administration is focusing on making the agency more responsive amid concerns that a funding increase will result in more audits.
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California Sues Companies Over Insulin Prices, Joining Other States
The New York Times – Business:The state is taking action against three major drug companies and the big pharmacy benefit managers in an effort to temper costs for people with diabetes.
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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The New York Times – Business:The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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Medicare Begins to Rein In Drug Costs for Older Americans
The New York Times – Business:Reforms embedded in the Inflation Reduction Act will bring savings to seniors this year. Already some lawmakers are aiming to repeal the changes.
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F.A.A. Outage Highlights Fragility of the Aviation System
The New York Times – Travel:The Federal Aviation Administration halted flights Wednesday morning after a system to alert pilots to safety issues went down, just two weeks after a major Southwest Airlines meltdown.
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R.J. Reynolds Pivots to New Cigarette Pitches as Flavor Ban Takes Effect
The New York Times – Business:Now that California’s tobacco prohibitions are in place, some Camel and Newport items are billed as newly “fresh” or “crisp” non-menthol versions.