Regulation

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Should the EPA figure the cost of reducing mercury emissions from coal-fired power plants for health reasons? Adam

Justices debate benefits and costs of EPA mercury power plant rule

A Supreme Court case could undo a key piece of the Obama's environmental agenda, which hinges on whether the EPA should consider the costs of air pollution controls from coal plants.
The 3 to 2 FCC vote favored Chairman Tom Wheeler’s proposed net neutrality rules and will regulate broadband providers more heavily than in the past. Yuri Gripas/Reuters

Private networks and public speech: net neutrality in context

This open internet debate isn't the first time the government has wrestled with the question of how to apportion rights between private media owners and the public.
The collapse of Lehman Brothers was a pivotal moment in the most recent financial crisis. The next crash may feature another bank failure. Reuters

What will the next financial crisis look like – and are we ready?

The subprime crisis and the subsequent failure of Lehman Brothers came as such a shock – and the repercussions were so severe that when the time came to mount a response, policy makers were as surprised…
Pushing money remitters out of the market is only likely to increase the risks of money laundering and terrorist financing. Shutterstock

Lack of real action on remittances increases terrorist financing risk

Globally migrant communities will send nearly US$435 billion to family members in home countries this year. These remittances are vital and sustain not only the livelihoods of the recipients, but also…
The insolvency industry is facing criticism of over-servicing, excessive fee charging and self-interest. www.shutterstock.com

Chasing money: why the insolvency industry needs reform

Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…
Islamic dietary law requires that certain methods be used when preparing meat, such as that a Muslim be the one butchering the animal. Reuters

Regulating the sacred: why the US halal food industry needs better oversight

For many Muslims, adherence to Islamic dietary laws, known as halal, is an intrinsic part of their everyday lives. Even those who are relatively lax with other rituals of the faith tend to adhere to halal…
The heart of the matter. The container port at Long Beach. sunslate

Europe faces weapons of legal destruction in USA trade talks

Efforts to build a more effective trading regime between Europe and the USA can reasonably be called positive, both for growth and the ease of doing business. Currently, however, negotiations include proposals…
There are high hopes that the new head of the Fed, Janet Yellen, will change the culture at the central bank and the lenders it regulates. IMF/Flickr via CC BY-NC-ND

Banking tail often wags the Fed’s regulatory dog

Federal Reserve Chair Janet Yellen has her work cut out for her if she hopes to change the culture at the world’s most important central bank. Media reports abound with evidence that the financial industry…
Marijuana is legal in some states, but that doesn’t mean that banks can deal with the proceeds. Rick Wilking/Reuters

Why won’t banks dance with Mary Jane?

In nearly half of US states, marijuana business is booming. Although marijuana is illegal under federal law, 23 states have legalized some marijuana use. Colorado and Washington even allow recreational…

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