If You Build the Blockchain, Regulators Will Come
The hardest part of drafting any new regulation is establishing a definition. In fact, most of the policy work is in the definition and there are alarmingly few policy considerations…
USDA Spends $19.9M on One Fish, Two Fish, Red Fish…Catfish?
The Senate recently passed legislation that would result in a minor victory against the regulatory state and for the legislative branch reclaiming its powers. The measure is now pending in…
Obama Vows to Veto Bill to Block Fiduciary Rule, Industry Groups Prepare to Sue
Last week, the Senate voted to rescind the Department of Labor’s “Fiduciary Rule” using the Congressional Review Act. Under the Congressional Review Act, the House and the Senate reserve…
Regulations Work Overtime to Hurt Employees, Small Businesses
Last week, the U.S. Department of Labor (DOL) announced revisions to the proposed rules interpreting the Fair Labor Standard Act’s regulations on the overtime compensation pay of white-collar, salaried workers.
Bill’s Not Just a Bill. And He’s Not Just Sitting Here on Capitol Hill.
As the "drop dead date" for Obama administration regulations draws near, we are expecting a flood of "midnight regulations." Regulatory agencies, in an eleventh-hour attempt to pass new rules…
With Seven-Day Extension, Obama Midnight is Dark and Full of Regulatory Terrors
The "drop dead date" for federal regulations is fast approaching and we are expecting more overreaching proposals. This is the last date that proposed rules can be finalized by…
London Whale-Sized Regulations on Wall Street Pay
Financial regulators released a 279-page proposal that would set parameters around how and when Wall Street Executives make their money. The proposal, mandated by the Dodd-Frank Act, is a…