Regulations

The board of the Federal Deposit Insurance Corporation, which regulates many of the country’s smaller banks and oversees the “living wills” of larger banks, could soon have a new chairman. President Trump plans to tap long-time Republican congressional staffer James Clinger for the role, which would require congressional approval. What could change at the FDIC under […]

Your diploma … from elementary school. The old Christmas decorations you’ve been meaning to look through. Or those fruit dishes from your grandmother. If you’re like many Americans, you may have boxed up belongings that you can’t bear to part with but also don’t have room for and stashed them in a storage space. But […]

The Senate narrowly passed a plan to roll back a program used by states and local governments to create individual retirement accounts for workers not covered by an employer account. The program is already underway in several states, including California, Oregon, Maryland, Connecticut and Illinois. It’s an odd position Republicans now find themselves in — […]

The White House says it will try to roll back a host of climate initiatives from the Obama administration. These are rules that apply to power plants and coal mines, for instance. But also look out for a sweeping attempt to undercut the government’s way of measuring climate pollution. Right now, federal agencies have to […]

President Donald Trump went to Detroit and said he was going to boost American automakers. By rolling back EPA fuel economy standards that President Barack Obama finalized right before he left office, Trump said the big car companies could make more money and hire more Americans. Tighter mileage and emissions standards were set to go […]

General Motors is out — of Europe, that is. The carmaker is selling its two European car brands Vauxhall and Opel to a French carmaker called PSA Group, which owns Peugeot and Citroen. GM is selling its European brands for $2 billion and is agreeing to be on the hook for $4 billion in pensions […]

President Donald Trump is set to scale back major regulations put in place after the financial crisis. According to the Wall Street Journal, Trump will sign an executive order this afternoon to begin revising the rules set by the Dodd-Frank law. He’s also expected to direct the Labor Department to revise or rescind President Barack […]

The dismantling of coal, oil and gas industry regulations raises eyebrows and applause.