Tag #Regulatory Reform

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abcnews.go.com

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Apr 14, 01:12

NYC Helicopter Crash Prompts Call for Stricter Regulations

A sightseeing helicopter crashed in the Hudson River on Thursday, killing five Spanish tourists and the pilot; Senator Schumer is demanding the revocation of the tour company's permits and increased safety inspections for all NYC helicopter tour companies due to a history of 20 deaths in 5 similar a...

NYC Helicopter Crash Prompts Call for Stricter Regulations

A sightseeing helicopter crashed in the Hudson River on Thursday, killing five Spanish tourists and the pilot; Senator Schumer is demanding the revocation of the tour company's permits and increased safety inspections for all NYC helicopter tour companies due to a history of 20 deaths in 5 similar a...

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No Poverty

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What factors have contributed to the history of helicopter accidents in New York City?

This crash follows a pattern of helicopter accidents in New York City, raising concerns about safety standards. Over the last two decades, five similar crashes have resulted in 20 deaths, attributed to various factors including mechanical failures and pilot error. Senator Schumer's call for stricter regulations reflects the persistent dangers of the industry.

smh.com.au

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Mar 30, 22:11

NSW to Publicly Monitor State Agencies' Home Approval Performance

The NSW government will publicly release a league table ranking state agencies on their efficiency in approving new home developments, aiming to accelerate the construction of 75,000 homes annually by addressing delays caused by agencies like the Rural Fire Service and Sydney Water.

NSW to Publicly Monitor State Agencies' Home Approval Performance

The NSW government will publicly release a league table ranking state agencies on their efficiency in approving new home developments, aiming to accelerate the construction of 75,000 homes annually by addressing delays caused by agencies like the Rural Fire Service and Sydney Water.

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Sustainable Cities and Communities

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What are the potential long-term implications of this initiative for housing affordability and availability in NSW?

The public monitoring of state agencies' performance in housing approvals is expected to improve efficiency and reduce delays. Improved coordination among agencies, as facilitated by the Housing Taskforce, will likely lead to faster processing times and more homes being built. This proactive approach suggests a long-term strategy to address housing shortages in NSW by streamlining the development process.

abcnews.go.com

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Mar 11, 07:13

Trump Administration's Attempted CFPB Purge Halted by Judge

The Trump administration attempted to fire the majority of the Consumer Financial Protection Bureau's (CFPB) employees in February, but a federal judge issued a temporary restraining order. CFPB's COO Adam Martinez testified about the ensuing chaos, including canceled contracts and halted work, illu...

Trump Administration's Attempted CFPB Purge Halted by Judge

The Trump administration attempted to fire the majority of the Consumer Financial Protection Bureau's (CFPB) employees in February, but a federal judge issued a temporary restraining order. CFPB's COO Adam Martinez testified about the ensuing chaos, including canceled contracts and halted work, illu...

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Peace, Justice, and Strong Institutions

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What was the immediate impact of the Trump administration's attempt to fire the majority of CFPB employees?

The Trump administration attempted to fire most CFPB employees, leaving a skeleton crew to handle legal obligations. A federal judge issued a temporary restraining order, halting this action. This action caused significant internal chaos and confusion at the CFPB, impacting its ability to fulfill its mission of protecting consumers.

forbes.com

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Mar 1, 13:09

NEPA: A Model for Technocratic Governance, but in Need of Reform

The National Environmental Policy Act (NEPA), while criticized for hindering development, provides a model for evidence-based governance through analysis, oversight by the Council on Environmental Quality (CEQ), and judicial review; however, its burden-of-proof default and vague processes need refor...

NEPA: A Model for Technocratic Governance, but in Need of Reform

The National Environmental Policy Act (NEPA), while criticized for hindering development, provides a model for evidence-based governance through analysis, oversight by the Council on Environmental Quality (CEQ), and judicial review; however, its burden-of-proof default and vague processes need refor...

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Sustainable Cities and Communities

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What are the key flaws in NEPA's current structure, and how do these flaws impede economic development and efficient project implementation?

NEPA's procedural approach, encompassing analysis, oversight (CEQ), and judicial review, serves as a model for 'technocratic governance'. However, its current structure places the burden of proof on permit applicants, hindering development projects unless a high bar of analysis is met, thus creating an 'upside-down' system.

forbes.com

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Feb 21, 19:09

Trump Executive Orders Curtail Regulatory Agency Independence

President Trump's February 18th and 19th executive orders reduce the independence of regulatory agencies, requiring OMB oversight and potentially leading to widespread deregulation, impacting agencies like the FTC, SEC, and CPSC.

Trump Executive Orders Curtail Regulatory Agency Independence

President Trump's February 18th and 19th executive orders reduce the independence of regulatory agencies, requiring OMB oversight and potentially leading to widespread deregulation, impacting agencies like the FTC, SEC, and CPSC.

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Peace, Justice, and Strong Institutions

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How do these executive orders relate to previous regulatory frameworks and legal precedents?

These orders represent a significant shift in regulatory power towards the executive branch. The February 18th order extends EO 12866 to independent agencies, previously exempt, mandating benefit-cost analyses and interagency coordination. The February 19th order, linked to the 2024 Loper Supreme Court decision, directs agencies to review regulations for legal and policy consistency, potentially leading to widespread deregulation.

npr.org

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Feb 20, 04:09

Trump Executive Order Curtails Independent Agency Authority

President Trump issued an executive order requiring independent agencies, like the SEC and FDIC, to submit new regulations to the White House for approval, increasing presidential control and potentially creating conflicts of interest.

Trump Executive Order Curtails Independent Agency Authority

President Trump issued an executive order requiring independent agencies, like the SEC and FDIC, to submit new regulations to the White House for approval, increasing presidential control and potentially creating conflicts of interest.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of President Trump's executive order on the regulatory autonomy of independent agencies?

President Trump's executive order mandates that independent agencies, such as the SEC, must now submit new regulations to the White House for approval. This eliminates the agencies' prior autonomy in rule-making, potentially leading to political influence over regulatory decisions.

politico.eu

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Apr 2, 10:18

EU's Slow Drug Approvals Delay Patient Access to Life-Saving Medicines

By 2050, one-third of the EU population will be over 65, underscoring the urgent need for health system modernization. Slower drug approvals (120 days behind the US and Japan) cause a 20-month delay in patient access to new medicines compared to the US, impacting those with cancer, cardiovascular di...

EU's Slow Drug Approvals Delay Patient Access to Life-Saving Medicines

By 2050, one-third of the EU population will be over 65, underscoring the urgent need for health system modernization. Slower drug approvals (120 days behind the US and Japan) cause a 20-month delay in patient access to new medicines compared to the US, impacting those with cancer, cardiovascular di...

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Good Health and Well-being

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What is the most significant impact of the European Union's slow drug approval process on its citizens?

By 2050, one-third of the EU population will be over 65, highlighting the urgent need for health system upgrades. Current regulatory delays cause a 20-month lag in patient access to new medicines compared to the US, impacting those with cancer, cardiovascular diseases, and Alzheimer's.

dailymail.co.uk

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Mar 12, 01:11

UK Government to Abolish Payment Systems Regulator

The UK government plans to abolish the Payment Systems Regulator (PSR) to boost economic growth, despite this requiring new laws and not resulting in immediate cost savings; this follows the creation of 27 new quangos by the Labour government since the election.

UK Government to Abolish Payment Systems Regulator

The UK government plans to abolish the Payment Systems Regulator (PSR) to boost economic growth, despite this requiring new laws and not resulting in immediate cost savings; this follows the creation of 27 new quangos by the Labour government since the election.

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Reduced Inequality

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What are the immediate consequences of the government's decision to abolish the Payment Systems Regulator?

The UK government plans to abolish the Payment Systems Regulator (PSR), a move intended to boost economic growth. However, this will require new legislation and won't result in immediate cost savings, as the PSR's budget is largely funded by fees. The PSR's functions will likely be absorbed by the Financial Conduct Authority.

forbes.com

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Mar 2, 04:08

US-UK Trade Deal Could Spur Global Economic Growth

A potential US-UK trade deal, modeled on the CPTPP's MRE system, aims to remove regulatory barriers, boosting global economic growth; negotiations are yet to begin, but momentum is building.

US-UK Trade Deal Could Spur Global Economic Growth

A potential US-UK trade deal, modeled on the CPTPP's MRE system, aims to remove regulatory barriers, boosting global economic growth; negotiations are yet to begin, but momentum is building.

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Decent Work and Economic Growth

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How does the CPTPP's approach to trade regulation differ from the EU's, and what are the implications for global economic growth?

The deal's success hinges on other nations recognizing the benefits of removing trade obstacles. The CPTPP's MRE approach, unlike the EU's restrictive system, fosters economic growth by expanding trade and encouraging better standards. The USMCA also uses MRE, making a similar US-UK agreement more feasible.

elpais.com

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Feb 26, 22:09

EU Launches €100 Billion Plan to Boost Industrial Competitiveness

The European Commission unveiled a €100 billion plan to revitalize EU industry by lowering energy costs, streamlining regulations, and creating a new decarbonization bank, aiming to boost competitiveness while meeting climate targets.

EU Launches €100 Billion Plan to Boost Industrial Competitiveness

The European Commission unveiled a €100 billion plan to revitalize EU industry by lowering energy costs, streamlining regulations, and creating a new decarbonization bank, aiming to boost competitiveness while meeting climate targets.

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Industry, Innovation, and Infrastructure

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What immediate actions are taken to address the EU's high energy costs and enhance industrial competitiveness?

The European Commission launched a three-pronged plan to boost EU industrial competitiveness: a Clean Industry Pact, an Affordable Energy Plan, and a red-tape reduction program. A key component is a €100 billion industrial decarbonization bank, funded by member states, EU budget, and carbon emission revenues.

theglobeandmail.com

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Feb 21, 07:08

Nova Scotia Aims to Boost Interprovincial Trade to Counter U.S. Tariff Threats

Nova Scotia Premier Tim Houston announced legislation to ease interprovincial trade and labor mobility by allowing goods and service providers from other provinces to operate within Nova Scotia, provided those provinces have similar legislation, as a means of reducing Canada's economic reliance on t...

Nova Scotia Aims to Boost Interprovincial Trade to Counter U.S. Tariff Threats

Nova Scotia Premier Tim Houston announced legislation to ease interprovincial trade and labor mobility by allowing goods and service providers from other provinces to operate within Nova Scotia, provided those provinces have similar legislation, as a means of reducing Canada's economic reliance on t...

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Decent Work and Economic Growth

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How does this initiative address concerns about Canada's economic dependence on the United States?

This initiative addresses Canada's vulnerability to U.S. tariffs by boosting internal trade. A 2019 IMF paper showed Canada's internal trade barriers were equivalent to a 21 percent tariff in 2015, significantly higher than those with the U.S. The Nova Scotia plan directly counters this by promoting mutual recognition of regulations.

forbes.com

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Feb 20, 01:12

Trump Executive Order Extends Presidential Control Over Independent Agencies

President Trump's February 18th "Accountability Order" extends presidential oversight to independent agencies, potentially boosting economic growth by reducing regulatory burdens and increasing policy consistency, while addressing concerns about overregulation and executive branch policy supervision...

Trump Executive Order Extends Presidential Control Over Independent Agencies

President Trump's February 18th "Accountability Order" extends presidential oversight to independent agencies, potentially boosting economic growth by reducing regulatory burdens and increasing policy consistency, while addressing concerns about overregulation and executive branch policy supervision...

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Decent Work and Economic Growth

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What are the potential legal challenges to the Accountability Order and how likely are they to be successful?

The Accountability Order's impact extends beyond economic benefits. By enhancing presidential policy supervision, including requiring agency heads to report to the president and consult with White House officials, it aims for greater consistency in policy application across the federal government and reduces legal uncertainty for private actors. Challenges to the order's legality are unlikely to succeed, given the president's constitutional authority.

Showing 25 to 36 of 55 results