by Jeff Sovern Here's what the Times's Joe Nocera wrote in his column today: [The OCC] is a classic captured regulator. As American Banker pointed out recently, the Promontory Financial Group, a prominent banking consulting firm founded by Eugene Ludwig, a former comptroller of the currency, recently hired the O.C.C.’s general counsel, Julie Williams. And […]
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Douglas Ginsburg and Joshua Wright have just written this article on the topic. Here's the abstract: The beginning of a shift toward a more regulatory and less litigation-oriented regime of antitrust enforcement was observable by the mid-1990s, if not earlier. The transition toward this more bureaucratic approach by antitrust enforcement agencies is the subject of […]
One month before federal tax filing day, here's a helpful primer on an important redistributive aspect of our tax system.
On one hand, Bloomberg reports, the President is going to require federal agencies to consider their activities' impact on climate change. On the other, the Post reports, the administration may delay power plant regulations.
by Paul Alan Levy At Monday's hearing on the our motion to vacate the preliminary injunction against Majed Moughni to shut down his criticism of the proposed settlement of a lawsuit over McDonald’s sale of haram meat that had been advertised as halal, Judge Kathleen Macdonald agreed to both prongs of the relief we had […]
The NLRB issued this brief statement today: The National Labor Relations Board has determined not to seek en banc rehearing in Noel Canning v. NLRB, in which the U.S. Court of Appeals for the DC Circuit held that the January 4, 2012 recess appointments of three members to the Board were invalid. The Board, in […]
We have posted many times (here, for instance) that, despite contrary political rhetoric about high taxes, taxes in the U.S. are at historic lows. Eduardo Porter has now published this essay explaining that the supposed connection between low taxes and economic growth — a basic premise of conservative U.S. thought for many years now — […]
According to this AP article, the FDA is having trouble finalizing the rules for menu labeling required by the 2010 Affordable Care Act. Here's an excerpt: Diners will have to wait a little longer to find calorie counts on most restaurant chain menus, in supermarkets and on vending machines. Writing a new menu labeling law […]
From the program's website: The Women and the Law Program’s new Student Debt and Education Justice Project will address the causes and consequences of student debt, particularly for low-income students by engaging in legal and policy advocacy and research. Promised activities include a clinical program, research, public education, and policy recommendations. See here for more […]
by Brian Wolfman We told you yesterday about a New York trial court decision invalidating New York City's ban on the sale of sugary drinks larger than 16 ounces. Now, go here or click on the embedded video below to see Mayor Bloomberg's remarkable press conference reacting to the ruling. In case you had any doubt: […]