Category: Regulation and Deregulation of Industry

Ahead of Trump Presidency, the Fed Quits Global Climate Network

Federal Reserve Bank officials said the decision to leave the network came after the group’s work had “increasingly broadened in scope.”
RFK Jr. Sought to Stop Covid Vaccinations 6 Months After Rollout

Robert F. Kennedy Jr. petitioned the F.D.A. to revoke authorization of the shots at a time when they were in high demand and considered life-saving.
Russian Disinformation Campaigns Eluded Meta’s Efforts to Block Them

A new report details how a covert influence operation linked to the Kremlin continued to place ads on Facebook despite U.S. and E.U. prohibitions on doing business with the organization.
E.U. Expands Investigation of Musk’s X Over Illicit Content

The probe is a test of the European Union’s willingness to go after X’s owner, Elon Musk, whose geopolitical influence has grown because of his ties to the incoming Trump administration.
What to Know About Plane Maintenance After the South Korean Crash

Airlines have been increasingly outsourcing repair and upkeep work to other countries, but experts and consumer groups disagree about its impact on safety.
Cash App Ordered to Pay $255 Million in Penalties Over Fraud

The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case

Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.
What to Know About the E.V. Tax Credit That Trump Might Repeal

Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.
FDA Bans Red Dye 3 in Foods, Linking It to Cancer in Rats

Consumer and food safety groups have long urged the agency to revoke the use of this dye and others. The F.D.A. says there still is no evidence it is a human carcinogenic.
FDA Moves Forward With Last-Minute Push to Cut Nicotine Levels in Cigarettes

In the final days of the Biden administration, the F.D.A. is moving ahead with a proposal to require companies to produce a less addictive product for traditional smokers.
F.D.A. Proposes New Food Labels to Detail Sugar, Fat and Salt Content

The agency issued designs for front-of-package lists that food companies would be required to include.
Capital One Is Accused of Cheating Customers Out of $2 Billion

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.