Connect with us

Economics

Why the Biden administration is rushing to produce regulations

Published

on

The bureaucrats have been busier than usual lately. Consider the three days between April 23rd and April 25th. The Federal Trade Commission (FTC) issued a sweeping rule banning non-compete clauses in the contracts of almost all American employees. The Department of Labour is expanding the set of workers who must receive mandatory overtime pay (to those who make less than $58,656 a year). The Environmental Protection Agency issued strict guidelines on coal-fired power stations that will probably spell their demise by 2039.

More regulations, big and small, are expected soon. The Federal Energy Regulatory Commission is planning to rewrite the rules governing interstate electricity transmission, which is critical to President Joe Biden’s decarbonisation plans. A different agency, the Department of Energy, is debuting new efficiency standards for dishwashers and water heaters. The Department of Justice is expected soon to propose classifying marijuana, which at the moment is lumped in the same class of substances as heroin and LSD, as a less dangerous drug.

Economics

Howard Lutnick, Donald Trump’s resilient transition chief

Published

on

He advises hiring friends—but only capable ones

Continue Reading

Economics

Checks and Balance newsletter: Readers’ hopes and fears for a Trump presidency

Published

on

Our columnist considers views from Trump and Harris supporters alike

Continue Reading

Economics

What would Robert F. Kennedy junior mean for American health?

Published

on

AS IN MOST marriages of convenience, Donald Trump and Robert F. Kennedy junior make unusual bedfellows. One enjoys junk food, hates exercise and loves oil. The other talks of clean food, getting America moving again and wants to eliminate oils of all sorts (from seed oil to Mr Trump’s beloved “liquid gold”). One has called the covid-19 vaccine a “miracle”, the other is a long-term vaccine sceptic. Yet on November 14th Mr Trump announced that Mr Kennedy was his pick for secretary of health and human services (HHS).

Continue Reading

Trending