Dan Novak is the regulatory reporter for the National Law Journal, focusing on the environment, securities, and antitrust. He is based in Washington, DC. You can reach him at [email protected].
January 21, 2025 | National Law Journal
CFPB Resolves Flurry of Enforcement Actions in Biden's Final WeekThe Consumer Financial Protection Bureau filed one lawsuit and reached five settlements last week, totaling nearly $206.6 million in civil resolutions and redress.
By Dan Novak
3 minute read
January 17, 2025 | National Law Journal
Skadden and Steptoe, Defending Amex GBT, Blasts Biden DOJ's Antitrust Lawsuit Over Merger ProposalAmex GBT's Biden-bashing defense strategy may have no influence on the ultimate outcome of the government's lawsuit opposing Amex GBT's proposed acquisition of rival travel management company CWT, according to antitrust litigation experts.
By Dan Novak and Sulaiman Abdur-Rahman
4 minute read
January 16, 2025 | National Law Journal
EPA Nominee Zeldin Says Climate Change Is Real, Agency Shouldn't Suffocate Economy“I believe that climate change is real," Lee Zeldin told senators on the Environment and Public Works Committee. He added that environmental policies should not hamper economic growth.
By Dan Novak
4 minute read
January 15, 2025 | National Law Journal
DOT Nominee Duffy Pledges Safety, Faster Infrastructure Spending in Confirmation Hearing“Whether driving, flying or traveling by train, no federal agency impacts Americans’ daily lives and loved ones more than the Department of Transportation,” said DOT Secretary-nominee Sean Duffy. “If confirmed, I will work to reduce the red tape that slows critical infrastructure projects, ensuring funds are spent efficiently [and] we use the tax dollar well.”
By Dan Novak
4 minute read
January 14, 2025 | National Law Journal
DOT Nominee Duffy Will Face Senate Confirmation With Strong Industry Backing“He is really smart," attorney Michael Borden said of Transportation Secretary-nominee Sean Duffy. “He is a really quick study. Everybody likes him. And he can be very, very effective.”
By Dan Novak
3 minute read
January 10, 2025 | National Law Journal
DOJ Files Antitrust Suit to Block Amex GBT's Acquisition of CompetitorThe deal would mark Amex GBT’s fifth acquisition of a travel management company since 2018 and would substantially harm competition in the industry, DOJ stated.
By Dan Novak
3 minute read
January 08, 2025 | National Law Journal
Khan Defends FTC Tenure, Does Not Address Post-Inauguration Plans"It's humbling to realize what we've achieved in such a short time, and this extraordinarily level of impact from this small a team is virtually unheard of in government," Khan said. "This work, though, is far from over, and the FTC must remain vigilant, agile, and deeply committed to enforcing the law without fear or favor."
By Dan Novak
3 minute read
January 07, 2025 | National Law Journal
CFPB Finalizes Rule Removing Medical Debt From Credit ReportsThe agency estimated the rule will remove more than $49 billion in medical bills from the credit reports of about 15 million Americans.
By Dan Novak
3 minute read
January 06, 2025 | National Law Journal
CFPB Alleges Berkshire Hathaway Subsidiary Originated Unaffordable Housing LoansVanderbilt’s internal model for underwriting loans provided borrowers unrealistic expectations of monthly living expenses, the Consumer Financial Protect Bureau alleged in the complaint.
By Dan Novak
3 minute read
January 03, 2025 | National Law Journal
JetBlue Airways Will Pay $2M to Settle DOT Charges of Chronically Delayed FlightsFrom June 2022 to November 2023, JetBlue operated four flights that were delayed at least 145 times, DOT stated in its consent order.
By Dan Novak
3 minute read