A lawyer working with Robert F. Kennedy Jr. has asked the F.D.A. to withdraw approval of the current shot because it hasn’t been tested against a placebo. Scientists say such a test would be unethical.
Category: Regulation and Deregulation of Industry
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New Federal Rule Limits Overdraft Fees at Large Banks
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.
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From the DealBook Summit: Influential People Share Their Insights
Industry leaders attending the conference were asked about artificial intelligence, the economy, international relations and more.
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FDA Tries Last-Ditch Move to Slash Nicotine Levels in Cigarettes
The agency is asking the White House, in the final days of the Biden era, to move ahead with plans to drastically reduce the addictive substance in traditional tobacco cigarettes.
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How Crypto Insiders Turned ‘Debanking’ Into a Political Storm
Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.
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Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.
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Omnicom and Interpublic to Merge, Creating Ad Agency Giant
If they combine, Omnicom and Interpublic would become the largest advertising company in the world.
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Payments Are Going Digital, but Many Seniors Still Rely on Cash
“We’re putting another burden on the elderly that we don’t have to,” one researcher said.
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Fannie and Freddie, the Big Mortgage Backers, Face Climate Risks
Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.
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How the CFPB Could Change Under a Republican Congress
Republicans are unlikely to abolish the Consumer Financial Protection Bureau, but they will drastically rework its rules and activities.