News Regulators 

Will Congress Revive the Authority to Impeach Executive Officers Below the President?

“Reviving the authority to impeach executive officers below the president might well be part of a congressional project of shifting the constitutional balance power back toward the legislative branch” writes Jeffrey Lewis for foreignpolicy.com. By comparison, other civil officers are accountable by lesser, more readily accessible means than the impeachment power.Executive branch officers who have proven to be a problem have generally been removable by the president, avoiding the need for the impeachment power.The Trump administration might spur Congress to take back more authority from an executive branch that it…

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News Regulators 

Trump signs Iran, Russia sanctions bill

“President Donald Trump signed a Russia sanctions bill Congress forced on him, adding a statement saying the administration will carry out the law but with reservations about its impact and the constitutionality of some provisions” reports tehrantimes.com. In a statement Wednesday accompanying the notice that he signed into law the legislation, which also targets Iran and North Korea, Trump laid out a list of concerns.The legislation, passed by overwhelming, veto-proof margins in the U.S. House and Senate, strengthens sanctions on Russia and gives Congress the power to block the president…

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News Regulators 

PSA moves fast to stamp authority on Opel/Vauxhall as deal closes

“PSA confirmed it was in talks to buy Opel in February, and announced a 2.2 billion euro deal in March” reports autoblog.com. General Motors sold off its loss-making European operations to the owner of the Peugeot, DS and Citroen brands, which has a better track record of profitability manufacturing small cars in Europe. Source: autoblog.com Share This:

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News Regulators 

California Supreme Court ruling bolsters bullet train foes

“The ruling came in a lawsuit that challenged plans to introduce freight trains on a Northern California rail line” reports thebusinessjournal.com. The ambitious high-speed rail project has faced numerous lawsuits alleging violations of the state environmental law.But the rail authority said to be successful, it must be subject to the same regulations as other railroads. Source: thebusinessjournal.com Share This:

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Crypto News Regulators 

Malta Gets Its First Bitcoin ATM, Unveils Blockchain Plans

“Malta has received its first bitcoin ATM as the Maltese government unveils plans to make it the first country to embrace the blockchain” writes unknown author for cryptocoinsnews.com. According to a report from the Malta Chamber, the bitcoin ATM is located in the town of Sliema where it is operated by Venture Trading.The introduction of Malta’s first bitcoin ATM makes up 1,392 bitcoin ATMs located in 57 countries.The announcement of Malta’s first bitcoin ATM comes at a timely moment.Similar to how the gaming regulator, the Malta Gaming Authority (MGA), hands…

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News Regulators 

House set to vote on authorization for Metro safety commission

“Once created, the commission will have “safety regulatory and enforcement authority” over the Metro system, and it grants the commission broad authority to take the necessary steps to play that role” writes Pete Kasperowicz for washingtonexaminer.com. Authorities are hoping to form a Washington Metrorail Safety Commission to act as an oversight authority for the train service, which crosses into all three jurisdictions. Source: washingtonexaminer.com Share This:

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News Regulators 

Bailout for Puerto Rico power authority could be a bad deal for other creditors

“He wants the Financial Management and Oversight Board of Puerto Rico to finalize a deal to restructure $9 billion in debt of the Puerto Rico Electric Power Authority (PREPA)” writes Johnny Kampis for washingtonexaminer.com. “For policy makers dealing with Puerto Rico debt, doing likewise would erode the moral standing of requesting sacrifices from other groups.”. This would likely lower power rates, but this good governance maneuver would also mean more sacrifice from creditors. Source: washingtonexaminer.com Share This:

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News Oil Regulators 

Pakistan orders Shell subsidiary to pay £1.9 million for tanker blast

“Pakistan’s oil and gas regulator on Friday ordered a subsidiary of Royal Dutch Shell to pay about 257 million rupees ($2.4 million) in damages and compensation for a tanker explosion that killed more than 200 people” reports telegraph.co.uk. The road accident was caused by “non-professional driving/vehicle being lesser than required specs”, the authority said in a report seen by Reuters. Source: telegraph.co.uk Share This:

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News Regulators 

Surprise House Vote Rolls Back Authority for the ‘War on Terror’

“Lee was the only member of Congress to vote against the AUMF in 2001, arguing that it gave the executive branch too much authority over when and where to wage war” writes Robert D for foreignpolicy.com. It was used to start the Iraq War and the war against the Islamic State in Syria.In a surprising twist, the U.S. House Appropriations Committee passed an amendment to repeal a sweeping 2001 law that gives the president wide-ranging authority to wage war against terrorist groups all over the world. Source: foreignpolicy.com Share This:

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