Dodd-Frank, EPA Utility MACT, and CEI's Battered Business Bureau
SEN. ALEXANDER & UTILITY MACT - WILLIAM YEATMAN
In mid-June, Sen. Lamar Alexander (R-Tenn.) led the opposition against S. J. Res. 37, legislation that would have blocked EPA’s all pain, no gain Utility Maximum Achievable Control Technology (MACT) regulation.
Last week, however, the mystery of Sen. Alexander’s support for the Utility MACT appears to have been solved. The Environmental Defense Action Fund announced on Tuesday that it will spend $200,000 on television advertisements in Tennessee thanking Senator Lamar Alexander for “protecting the children.”
The Subcommittee on Capital Markets and Government Sponsored Enterprises will hold a hearing on the impact the Dodd-Frank Act is having on job creators, credit and financial institution customers. The hearing will take place at 10 a.m. in room 2128 Rayburn House Office Building.
REGULATION - RYAN YOUNG
It was a short work week because of the July 4 holiday, but 71 new final rules were still published, down from 101 the previous week. That’s the equivalent of a new regulation every 2 hours and 22 minutes — 24 hours a day, 7 days a week. All in all, 2,055 final rules have been published in the Federal Register this year. If this keeps up, the total tally for 2012 will be 4,001 new rules.