Wednesday, April 24, 2024
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Overnight Regulation: Trump to sign repeal of consumer arbitration rule | EPA blocks scientists...

Trump will sign the resolution joined by the heads of banking and financial services trade groups that opposed the arbitration rules, according to three lobbyists familiar with the plans. Democrats and progressive groups have long called for action on forced arbitration, which they say denies defrauded customers of basic constitutional rights. The Senate hearing is at 9:30 a.m. followed by the House hearing at 2:00 p.m. Hensarling chairs the House Financial Services Committee and would be forced to step down from his position as chairman in 2019 due to GOP rules. The House passed the bill along party lines in June, but GOP senators have shown little interest in a bill they consider too partisan to pass the upper chamber. Environment: The Environmental Protection Agency is blocking scientists who get EPA grants from serving on the agency's advisory boards. Republican leaders, though, have shown no sign they will take up legislation on bump stocks. Truck crash survivors and victims' families descended on Capitol Hill on Tuesday ahead of the Senate Commerce Committee's confirmation hearing for Raymond Martinez, who Trump tapped to serve as FMCSA administrator. Sen. Amy Klobuchar (D-Minn.), who introduced the Honest Ads Act earlier this month, pressed representatives from the three companies during a Senate Judiciary subcommittee hearing. Technology: The Internet Association, a trade group representing internet platforms like Facebook and Google, meanwhile outlined principles for what the industry would like to see in online ad disclosure legislation.