Washington Post columnist Michelle Singletary posts some questions and answers about the Department of Labor's "fiduciary rule." The rule is intended to ensure that financial professionals helping guide your retirement investments act in your best interest. The rule was finalized in 2016 and becomes applicable on April 10. The rule has been put on hold […]
Category Archives: Uncategorized
That's the name of this press report by Hiroko Tabuchi and Neal Boudette. An excerpt: At least four automakers knew for years that Takata’s airbags were dangerous and could rupture violently but continued to use those airbags in their vehicles to save on costs, lawyers representing victims of the defect asserted . . . . The Justice […]
That's the topic of Administrative Law Enforcement, Warnings, and Transparency by Delcianna Winders. Here is the abstract: Warnings are one of the primary ways that agencies enforce their regulations. Yet there is virtually no scholarship interrogating the role that warnings play in an agency’s arsenal. Are they effective in motivating compliance? If so, under what circumstances? Is […]
That's the name of this article by consumer journalist Michael Hiltzik. Here's an excerpt: [Trump's pick to run the Centers for Medicare and Medicaid Services Seema] Verma demonstrated either utter ignorance about how health insurance works, or such desperation for this job that she’s willing to profess ignorance and paper it over with conservative shibboleths about “individual choice” and […]
Read this piece by Michele Singletary, which explains that, "[i]n a preemptive move, Democrats, consumer groups and civil rights leaders have been mobilizing to defend the head of the federal consumer watchdog agency should President Trump try to fire him."
That's the title of this story by the AP's J. Scott Applewhite. Here's an excerpt (which includes a reference to a leaked "Governors only" report I posted about yesterday): The warning signs are becoming inescapable for Republicans: Their most likely Obamacare replacement plans are getting terrible estimates on how many people they'll cover. Republicans have been pretty open that […]
Building on Jeff Sovern's review of James Kwak's book, Economism: Bad Economics and the Rise of Inequality, on this blog, law prof Pamela Foohey at Credits Slips takes a look at what she views as a book with a similar message: Cathy O'Neil's Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy. Foohey says that O'Neil […]
Read the leaked report. According to this article by Sarah Kliff, the report, produced by the health research firm Avalere Health and the consulting firm McKinsey and Company includes graphs on what the Republican plan to overhaul Obamacare’s tax credits, generally making them less generous, would do. [The report's projections] are based on the recent 19-page proposal […]
That's the name of this Washington Post article by Ashley Halsey III. Among other things, Halsey discusses the research of law professor Bryant Smith, who has written Automated Driving and Product Liability, which Halsey calls "the most definitive public legal research to date on autonomous cars." Halsey identifies seven basic insights from Smith's research: ●There will be a shift […]
It was issued on Friday, February 24, and you can read it here. The order requires most federal agencies to appoint a "Regulatory Reform Officer" and create a "Regulatory Reform Task Force" to review and possibly ditch or modify existing regulations. For press on the new order, go here, here, and here.