Dec 16th, 2008 · When Congress approved the $700 billion bailout for struggling banks, they made sure to include caps on executive pay. But last-minute changes by the Bush administration have left a giant loophole in the regulations. Iowa Sen. Chuck Grassley discusses how executives could make off with millions.
Dec 15th, 2008 · Investigators are still trying to determine just how much money investors lost in Bernard Madoff's alleged Ponzi scheme. Estimates run as high as $50 billion. A big question facing regulators is how they could have missed a scheme that may date back as far as 20 years.
Dec 15th, 2008 · California has just passed the strictest regulations for diesel emissions in the country. The new regulations will cost the trucking industry an estimated $5 billion, but will save the state even more in health care costs.
Dec 15th, 2008 · The Federal Reserve will meet later this week to finalize rules that would affect the credit card industry. The aim is to protect consumers. The regulations are likely to include banning card companies from changing interest rates on existing balances, except in certain cases. The industry says the changes will cost them billions. Consumers advocates say the reforms don't go far enough.
Dec 12th, 2008 · The Bush administration is posting new rules for bringing foreign farmworkers into the U.S. The goal is to make it easier for farmers to find a workforce that's here legally. Critics say the new rules will drive down wages and housing benefits, and put Americans out of work. The regulations would take effect over the next year, starting in January.
Dec 9th, 2008 · A lack of oversight, transparency and accountability in financial markets led to the worst crisis in decades. Economists weigh in with advice for President-elect Obama on revamping regulations for Wall Street.
Dec 2nd, 2008 · Utilities want the Supreme Court to reinstate a Bush administration regulation that was overturned by lower courts. The regulation allowed utilities to consider the cost of the cleanest technology and not install it if fails a cost-benefit analysis.
Dec 2nd, 2008 · The Federal Communications Commission has a wide range of responsibilities, including overseeing emergency communications systems and regulating "wardrobe malfunctions." If the president-elect's advisers are any indication, however, high-speed broadband may soon become the commission's top priority.