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Several bills are pending in Congress regarding retirement plans. Business consultant Towers Perrin looked at some of them recently. Here's a brief summary:
The Federal Housing Administration proposed on Monday stricter rules for lenders to reduce its risk and assure it can cover future losses.
Gov. Deval Patrick has signed a new law penalizes utility companies that fail to provide safe and reliable service to customers after major storms.
The Wisconsin Senate has approved a bill that would impose regulations and fees on mixed martial arts fights.
California air regulators approved strict regulations Thursday for aerosol air fresheners, paint thinners and solvents as a way to lessen smog-forming emissions and reduce a health threat.
President Barack Obama sternly warned Wall Street against returning to reckless and unchecked behavior that had threatened the nation with a second Great Depression.
Lecturing Wall Street on its own turf, President Barack Obama warned financial leaders not to use the recovering economy to race back into "reckless behavior" that could cause a new meltdown. He declared that a bailout-weary public will not break their fall again.
Consumers and investors alike would find protection under legislation circulating among key lawmakers to overhaul the country's financial regulations.
Canada proposed new regulations aimed at protecting credit card users on Thursday, a day after the U.S. Congress approved legislation that would make sweeping changes to the credit card industry.
A key piece of President Barack Obama's plan to prevent another economic meltdown already has slowed in Congress, and Democrats acknowledged Thursday that the task of approving the proposal may be tougher than initially thought.
Proposed new regulations outlined Thursday by the Obama administration would rein in financial services companies like never before.
President Barack Obama said Tuesday he hopes "it doesn't take too long to convince Congress" to approve new authority to oversee big, tottering financial firms.
Treasury Secretary Timothy Geithner said Monday that the severe banking crisis shows the U.S. financial system failed a major test and is in need of an overhaul.
A judge on Tuesday ordered the federal agency that regulates coal mining to strengthen rules designed to make the nation's 38,000 underground coal miners safer by creating better-trained rescue teams.
The financial sector — from banks to private equity funds — needs tough new regulations that reduce dangerous risk taking, give consumers greater protections and limit threats to the overall economy, a congressional watchdog panel says.
One of President Barack Obama's first acts Tuesday was to put the brakes on all pending regulations that the Bush administration tried to push through in its waning days.
The federal government is to announce it will require crane operators nationwide to pass a certification test in its first update of crane regulations in nearly four decades, officials said Thursday.
Medicare issued new rules Monday that restrict insurance agents' contact with the elderly and disabled when selling prescription drug plans and more comprehensive health coverage called Medicare Advantage.
A federal judge on Tuesday temporarily blocked a new Florida law that would have imposed a stiff bond and other restrictions on travel agencies and charter companies booking trips to Cuba.
California's state senate narrowly defeated a bill Wednesday that targeted the growing problem of foreclosed homes sitting vacant for months, drawing squatters and creating blight.
Department of Labor to Examine OSHA Penalty ReductionsOften, companies that violate OSHA regulations do not ultimately pay the full fine amount. The US Department of Labor is looking into this issue in an effort to strengthen OSHA's ability to regulate.
Pay-by-the-mile auto insurance advances in California Car insurance by the tankful? Not quite, but California moved a step closer last month to pay-as-you-drive policies that could allow motorists to buy insurance like they do gasoline – a little at a time.
Health Care Reform The health care debate is still in full force, and while there is strong support and opposition to the reform being proposed in Washington, we can all agree that health care costs are a burden on a large portion of American families.
Moody's Investors Service - Another link in the Wall Street FraudAs the housing market collapsed in late 2007, Moody's Investors Service, whose investment ratings were widely trusted, responded by purging analysts and executives who warned of trouble and promoting those who helped Wall Street plunge the country into its worst financial crisi …
House Financial Services Committee Approves Legislation Regulating OTC Derivatives MarketsThe House Financial Services Committee has approved legislation that would, for the first time ever, require the comprehensive regulation of the over-the-counter (OTC) derivatives marketplace.
Financial Regulation Bill Passed Despite Financial Lobbying EffortsThe Obama administration achieved one small step Thursday, successfully passing legislation that would guarantee oversight of the financial derivatives market.
Texas heavy industries worry about EPA shift on emissions permitsDALLAS - For 15 years, environmentalists have complained that state regulations have allowed the powerful oil and chemical industries to skirt Clean Air Act standards in Texas, the nation's foremost producer of industrial air pollution.
Government to Regulate Blogs - (Will fine you a bundle, if you don't comply!)We should've known this was coming... Where did our liberty and freedom go?
Dems debate shielding banks from state laws WASHINGTON – Moderate House Democrats are drafting a proposal that would continue to shield big banks from potentially tougher state regulations when it comes to selling products such as credit cards, mortgages and savings accounts.
Everything You Need To Know About The Baucus Bill In Two Minutes | Crooks and Liarsexcerpt: ""It's important to understand what a bill without that public option would actually do. Brave New Films got Jerry Flanagan of Consumer Watchdog to explain the elements of Baucus-care without a public option, and it's not a pretty picture. ""
The Governor of the State of California has been sitting on a report written by two professors at Sacramento State University. The report was of the investigation these professors did to ascertain why businesses were failing or leaving the state in record numbers.
Siberians sell coal to the WelshThe local mine is a mere three miles away and is clearly visible from the offices of the Brecon Mountain Railway in Merthyr Tydfil.
How 61% of YOUR Income Goes to Taxes and RegulationHow 61% of YOUR Income Goes to Taxes and Regulation You may not have realized it, but you just spent the first 224 days of this year working for the government.
GlaxoSmithKline draws scrutiny for allegedly failing to disclose birth defect dataThe Philadelphia trial is the first of more than 600 cases alleging that London-based Glaxo knew Paxil caused birth defects and hid those risks to pump up profits.
Yes, it is true....democrats want to know what I do, perhaps even on what I call 'Humpnight." Sad, but....around 10pm, my husband and I headed home, after a 15 hour day work of making around $500.00 to pay for our taxes, mortagages on both home and business, employee, health, el …
Bank of America requires thumb print of armless manThere isn't any adequate excuse or for any such ridiculous behavior.
For relaxation, Japanese hop to a bunny cafeStressed-out Japanese seeking to unwind are hopping to a restaurant that serves cuddly pet rabbits alongside - and not on - the menu. The Usagi-to-Cafe in the city of Nagoya features rabbit decor, rabbit-shaped toys and dishes molded to look like rabbits.
James Murdoch: unchecked BBC expansion is 'chilling'An out-of-control BBC and addiction to central planning by regulators are damaging democracy and media choice in Britain, James Murdoch said in Edinburgh last night.
Little Room for Error in New York's Crowded SkiesThis article discusses flying "in New York's crowded skies."
Loma Linda halts pot dispensaries | Inland News | PE.com | Southern California News | News for Inland Southern CaliforniaSo San Bernardino County is putting a halt to pot dispensaries due to locality. See below to see how long they say it could last.
House Ways & Means Proposes to Take The WInd From the Sails of Drug AdsHouse Ways and Means Chairman Charles B. Rangel (D-N.Y.) proposed rescinding the tax deduction for direct-to-consumer prescription drug advertising.
As Seattle policymakers now say they will postpone consideration of ditching the $25 per employee head tax, a column in Friday's Wall Street Journal should provide a cautionary tale on why it is important for cities and states to endorse policies that encourage entrepreneurial gr …
Florida aided Allen Stanford, suspect in huge swindle - Florida - MiamiHerald.comThe role that regulators played on the state level in Florida giving unprecedented power to Stanford's private investment firm was a symptom of what was taking place on the national scene. It has led to massive fraud by ponzi schemers like Allen Stanford and Bernie Madoff.
Fed may become systemic regulator, hike capital requirementsBig Brother is changing the game. Of course one could see most of this coming after all that has occurred in our recession, and the intentions of these changes mean well, but are we seeding the problems of another tomorrow?
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