April 19, 2017

Today's News from the U.S. Chamber- 4/19/17

Wednesday, April 19, 2017

EPA considers repealing two Obama air pollution rules
The Hill

The Hill reports, “The Trump administration is considering whether to repeal or revise two major Obama administration regulations limiting air pollution from large sources. Justice Department attorneys asked the Court of Appeals for the District of Columbia Circuit late Tuesday to delay scheduled oral arguments in two separate cases involving the Environmental Protection Agency (EPA) rules. The most major action concerns the landmark 2012 Mercury and Air Toxics Standards rule, one of the most costly Obama administration rules that has been responsible for shutting down hundreds of coal-fired power plants.”

Republicans, industry want Obama investment conflicts-of-interest rule delayed further
The Washington Examiner 

The Washington Examiner reports, “House Republicans and the financial services industry want the Department of Labor to delay for even longer the Obama administration's rule on conflicts of interest in retirement investment advice. In a letter submitted to the agency just ahead of the deadline for comments, House Education and the Workforce Committee Chairwoman Virginia Foxx and other Republicans on the panel told the acting secretary that the ‘department should not establish an arbitrary applicability date for a regulation that should be rescinded or significantly revised.’” 

Why This Matters: The new regulation would make the Labor Department the primary financial regulator of retirement savings financial advice. Take Action Now!

GOP chairman: Ways and Means to hold tax reform hearings soon
The Hill

The Hill reports, “House Ways and Means Committee Chairman Kevin Brady (R-Texas) said Tuesday that his panel will announce tax reform hearings in the near future. ‘We have an aggressive timetable now,’ Brady said on Fox News's Your World with Neil Cavuto. ‘In fact, Ways and Means Committee will soon be announcing congressional hearings on our blueprint starting next week.’ A spokeswoman for Brady said she could not give a specific date or topic for the committee's first tax reform hearing. The panel has to announce hearings one week ahead of time.” 

Why This Matters: We can’t afford not to act - the United States is falling behind simply by standing still. Take Action Now!


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