CEI Today: REINS Act vote, Dodd-Frank court ruling, and EPA stonewalling
Today in the News
REINS ACT – WAYNE CREWS, RYAN YOUNG Forbes: Congress Confronts ‘Laws Gone Wild’ This Thursday, the House of Representatives will get the opportunity to affirm its constitutional lawmaking authority, when it is expected to take up the Regulations from the Executive in Need of Scrutiny (REINS) Act, introduced by Rep. Todd Young (R-Indiana). The REINS Act would force a Congressional vote before any agency regulation costing $100 million per year becomes binding. > Read more |
DODD-FRANK RULING – JOHN BERLAU Dodd-Frank Ruling Goes Wrong Way On Wednesday, U.S. District Judge Richard Leon struck down debit card price controls in the Dodd-Frank financial overhaul as not draconian enough. He ruled the 21- to 26-cent fees the Federal Reserve established for banks to charge retailers were too high and implied 7-12 cents would be required under Dodd-Frank’s Durbin Amendment.
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