On July 21, when President Barack Obama signed the Dodd-Frank financial regulation bill, he promised: “There will be no more taxpayer-funded bailouts. Period.” How long will this Obama promise last? Well, The New York Times reports today that “the Obama administration on Wednesday pumped $3 billion into programs intended to …
Google and Verizon, two of the leading antagonists in the long-running drama over FCC net neutrality regulation, may be about to call a truce. According to numerous media reports, the two firms have or will soon agree to a compromise framework for regulation, which would provide for a limited degree …
A while back, we pointed readers towards Heritage’s official entry to the Environmental Protection Agency’s Rulemaking Matters! contest and encouraged others to submit their own videos. The contest solicited entries praising the sort of rampant over-regulation that marks much of government today, but we took a slightly different tack, explaining the …
In case you had any doubts about whether Washington bureaucrats were completely out of touch with ordinary Americans, the Environmental Protection Agency is here to reassure you—they are. While Americans across the country have been tightening their belts and dealing with a wave of new taxes, fees, and regulations, the …
The Federal Communications Commission is nothing if not persistant. Exactly one month ago today, a federal appeals court unanimously ruled that the FCC had no authority to regulate the Internet. But yesterday, FCC chairman Julius Genachowski announced the agency would try to do so anyway. Specifically, Genachowski wants to put …
The aftermath of the unintended acceleration hearings involving Toyota is moving to the front burner again as lawmakers are proposing legislation that would increase auto safety regulations to address all potential sources of unintended acceleration. The bill would also increase the budget of the National Highway Traffic Safety Administration (NHTSA) …