The train that derailed in Ohio was exempt from some federal safety requirements because it was not carrying enough hazardous material to be considered “high hazard.” Lawmakers want to lower the threshold.
Category: United States Politics and Government
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Lawmakers Propose Legislation to Tighten Rail Safety Regulations
The New York Times – Business: -
Biden Administration to Impose Financial Restrictions for Chip Makers
The New York Times – Business:Guidelines to be released Tuesday will include firm financial requirements to try to ensure that chip makers don’t waste federal money.
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Supreme Court to Take Up Case on Fate of Consumer Watchdog
The New York Times – Business:A decision against the bureau could cast doubt on every rule and enforcement action the Consumer Financial Protection Bureau has taken.
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Challenges to Student Loan Cancellation Reach Supreme Court
The New York Times – Business:Justices will hear arguments Tuesday on President Biden’s plan to forgive an estimated $400 billion in debt. Conservative states have called it an abuse of his authority.
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War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
The New York Times – Business:Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
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U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
The New York Times – Business:The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
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U.S. Expected to Nominate New Head of World Bank on Thursday
The New York Times – Business:The Biden administration wants the global development institution to pursue a more ambitious climate agenda.
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U.S. Could Default on Debt as Early as Summer, New Estimate Says
The New York Times – Business:The Bipartisan Policy Center said the nation could run out of cash this summer or early fall if Congress did not raise the debt limit.
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Jen Psaki, Once the Voice of Biden, Moves to an Anchor Chair
The New York Times – Business:The former White House press secretary will start hosting a weekly MSNBC talk show on March 19. As for the president, “I am not going to gratuitously attack him.”
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Don Lemon, Nikki Haley and the Lessons of a Hoodie
The New York Times – Fashion & Style:The CNN anchor should have known there is a fine line between showing some personality and things getting personal.
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Norfolk Southern’s Profits and Accident Rates Rose Before Ohio Derailment
The New York Times – Business:Safety experts say a focus on financial returns may be partly to blame for derailments and accidents like the one in Ohio.