Senate Committee Finds SEC and CFTC Oversight of AI Lacking

Their report calls for new standards to mitigate potential harms from machine learning in trading. The Senate Homeland Security and Governmental Affairs Committee (HSGAC) recently released a report…

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Transportation Department Fines Emirates for Unauthorized Code-Share Flights

$1.8 million penalty levied for ongoing violations of safety rules on JetBlue-coded routes. The U.S. Department of Transportation (DOT) recently fined Emirates Airlines $1.8 million for code-share violations…

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Senate Committee Chair Pledges to Accelerate FDIC Nominee Confirmation Process

The bank regulation agency position may receive greater review and evaluation than the nominee’s previous role. President Joe Biden has nominated Christy Goldsmith Romero to be the next…

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House Committee Announces Critical Mineral Supply Policy Group

Legislators will develop measures to transition the U.S. away from reliance on Chinese minerals. The members of the House Select Committee on China recently announced a new work…

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House Committee Proposal Includes Automatic Draft Registration

The plan would use federal records to help address the drop in registrants in the past two years. The House Armed Services Committee has included a proposal in…

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Justice Department Authorizes Distributions to Victims of Crypto Mismanagement

Binance violated the Bank Secrecy Act. The Department of Justice (DOJ) authorized an additional $940 million to be distributed to victims of financial mismanagement caused by the cryptocurrency…

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Federal Judge Blocks Title IX Rule in 4 States

He rules that the rule “demonstrates the abuse of power.“ U.S. District Judge Terry Doughty granted a preliminary injunction that blocks the expansion of the mandatory expansion of…

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Supreme Court Rejects Abortion Drug Case on a Technicality

The justices determined the “plaintiffs lack standing to challenge the FDA’s actions“ on expanding access to mifepristone. The Supreme Court released its unanimous decision that doctors’ groups lacked…

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Federal Judge Vacates ATF Pistol Brace Rule

He ruled that the agency violated the Administrative Procedures Act in reclassifying the stabilizing braces. U.S. District Judge Reed O’Connor vacated the Bureau of Alcohol, Tobacco, Firearms, and…

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DOE Releases its Federal Definition for Zero Emissions Buildings

The department provides an industry standard and guidance for new and existing structures. The Department of Energy (DOE) released its National Definition of a Zero Emissions Building, outlining…

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