Government Agencies Flood Market With Regulations; Kimmel Off Air After FCC Threat
Last week, government agencies released a flurry of regulatory activity. They published 62 final regulations and 431 notices, while proposing 21 new rules. Meanwhile, Attorney General Pam Bondi warned against hate speech, and the Federal Reserve reduced interest rates.
Agencies are maintaining a high pace of activity. They are on track to issue 1,617 proposed regulations, 2,599 final regulations, and 20,318 notices by the end of 2025. The range of new regulations is broad, encompassing topics from pear taxes to auto parts tariffs. However, it's important to note that there are no recent reports of specific authorities enacting new regulations for tax increases on fruits like apples and pears in the last few weeks. The European Commission has discussed new trade rules affecting agricultural products, including fruits, but these are not specifically about tax increases on apples and pears in individual countries.
In other news, ABC temporarily removed late-night host Jimmy Kimmel from the air after threats from FCC Chairman Brendan Carr.
The regulatory landscape continues to evolve, with agencies keeping busy and on pace to meet significant targets by 2025. Meanwhile, the Attorney General's warning on hate speech and the Federal Reserve's interest rate cut are notable developments in their respective areas.
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