Politicians Influenced Device Approval, FDA Report Says

Responding to alleged political interference, the Food and Drug Administration will review the safety of an approved knee-injury aid.

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Regulating Credit Rating Agencies

Yesterday, I noted that the economy-strangling credit crisis was largely due to the purchase of "risky" financial assets by large financial and other institutions. But when these firms purchased the assets, they believed (or could plausibly claim they believed) they were making risk-free investments, because credit rating agencies (CRAs) -- the private entities that grade the riskiness of debt instruments -- judged the mortgage-backed securities (MBSs) the financial firms were buying to be so. Of course, it turned out that the CRAs failed spectacularly in their assessments.

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Greenhouse Gas Registry Finalized

The Environmental Protection Agency (EPA) has finalized its mandatory greenhouse gas (GHG) reporting rule. This new rule will require thousands of facilities to monitor and report their annual emissions of several major GHG. The registry should provide much of the detailed, facility-level information needed to develop policies to reduce emissions. Several major changes were made to the proposed rule, mostly in favor of industry. The changes appear to have reduced the amount of facilities covered and the amount of greenhouse gases tracked.

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Power Plants’ Last Stand?

Regulation of major greenhouse gas emitters appears increasingly inevitable. The latest news comes out of the U.S. Second Circuit Court of Appeals, where two federal judges ruled that state and local governments can sue power companies over greenhouse gas emissions and their contribution to global warming.

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Czar Talk

Czar oversight, or, more accurately, czar bashing, has been co-opted by conservative commentators and some Republican lawmakers. It seems conservatives are just trying to score political points by smearing czars, and smearing President Obama in the process. That’s a shame, because czar oversight is very much an apolitical issue, or at least it should be.

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EPA Asking the Public to Help Set Enforcement Priorities

The Environmental Protection Agency (EPA) is collecting ideas from the public on what its enforcement and compliance priorities should be for the next three years (the 2011-2013 fiscal years). These priorities address the most pressing environmental problems and are accompanied by strategies to tackle the problems. The public may comment on an online forum on the EPA's blog until Sept. 30.

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EPA May Tighten Smog Standards

U.S. Environmental Protection Agency (EPA) Administrator Lisa Jackson announced today that she will review and possibly revise the national air quality standard for ozone, or smog. The Bush administration announced the standard on March 12, 2008, but clean air advocates and good government groups accused Bush officials of ignoring scientific conclusions in the face of political pressure. Today, EPA intimated that it will more closely align the regulation to the underlying science.

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Obama Administration Proposes Vehicle Emissions/Fuel Economy Program

Following through on a pledge made by President Obama in May, the administration proposed new standards today that would cap carbon dioxide emissions from cars and light trucks in an attempt to stem society’s contribution to global warming.

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Americans Want Better Food Safety Regulation

A vast majority of Americans wants government to play a more proactive role in protecting the nation’s food supply, according to a new poll commissioned by Pew Charitable Trusts.

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Contaminated Drywall Incident Precedes Import Safety Summit

U.S. and Chinese product safety regulators will meet in China in late October to discuss import safety. The U.S. delegation will be led by Consumer Product Safety Commission (CPSC) chairwoman Inez Tenenbaum.

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