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].
December 17, 2024 | National Law Journal
FTC Bans 'Junk Fees' in Live-Event Tickets and Short-Term LodgingLive-event ticket providers, hotels and short-term vacation rentals such as Airbnb must clearly advertise to customers the total price, including any fees, under the rule the Federal Trade Commission adopted on a 4-1 vote.
By Dan Novak
3 minute read
December 17, 2024 | National Law Journal
CFPB Reports Widespread Misconduct Across Student Loan MarketThe report “points to what a lot of us in the field think is a forthcoming default crisis and seeing a lot more federal student loan borrowers default into 2025,” said Stephanie Hall, a higher education policy expert at the Center for American Progress.
By Dan Novak
3 minute read
December 12, 2024 | National Law Journal
Senate Panel Postpones Vote on Reconfirmation of Democrat Crenshaw to SECAbsent Crenshaw's reconfirmation, Trump would be able to nominate her successor. That selection would have to be a Democrat as the five-member SEC may have no more than three Republican commissioners during a GOP presidential administration.
By Dan Novak
3 minute read
December 10, 2024 | National Law Journal
Manufacturing Group Urges Sweeping Environmental Deregulation in Letter to Trump“The regulatory onslaught reached a fever pitch during the Biden administration,” the letter stated. “You have the opportunity to tackle this challenge by addressing burdensome regulations that are stifling investment, making us less competitive in the world, limiting innovation and threatening the very jobs we are all working to create right here in America.”
By Dan Novak
3 minute read
December 09, 2024 | National Law Journal
Atkins Likely to Bring Pro-Business, Light Regulatory Touch to SEC, Say Agency ObserversIn 2015 testimony to Congress, Atkins criticized Dodd-Frank for ceding too much authority to regulators, adding that the law will mean that “government, and not the markets, will choose the winners and losers.”
By Dan Novak
4 minute read
December 06, 2024 | National Law Journal
Peirce, Crypto Lawyers Eye Potential Regulatory Changes Under SEC Chair-Nominee Atkins“I do look forward to providing more clarity where we can provide more clarity ... remembering that we're a regulatory agency with an enforcement arm, not an enforcement agency that doesn't have a regulatory arm,” said Republican Securities and Exchange Commissioner Hester Peirce.
By Dan Novak
4 minute read
December 05, 2024 | National Law Journal
SEC Commissioner Uyeda Predicts Eased Crypto Enforcement Under Next Chair“The SEC can bring at least a national approach as to what we think the law is with respect to cryptocurrencies,” said Mark Uyeda, a Republican.
By Dan Novak
3 minute read
December 04, 2024 | National Law Journal
FTC Reaches Settlements With Two Companies on Claims of Selling Sensitive Location Data“The FTC is cracking down on firms that unlawfully exploit people’s sensitive location data and ensuring that we protect Americans from unchecked surveillance," said FTC Chair Lina Khan.
By Dan Novak
3 minute read
December 03, 2024 | National Law Journal
From ‘Unregulated’ to ‘A Matter of Great Concern’: PFAS Regulation under Biden“It wouldn't surprise me at all ... if [the challenge to naming PFOA and PFOS as hazardous] goes up all the way to the Supreme Court just because it is somewhat novel in terms of the statutory provision that EPA is relying upon,” said William Boyd, a law professor at the University of California, Los Angeles.
By Dan Novak
5 minute read
November 26, 2024 | National Law Journal
Cars Reach Record Fuel Economy but Largely Fail to Meet Biden's EPA Standard, Agency SaysEnvironmental Protection Agency rules finalized in 2021 required car makers to reach 6.5% year-to-year improvement in fuel economy for 2023 model cars. Among large manufacturers, just BMW and Mercedes reached the threshold, the EPA reported.
By Dan Novak
3 minute read
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