User: newstrust Topic: Business
Category: Finance :: Financial Regulation
Last updated: Oct 30 2014 16:43 IST RSS 2.0
 
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DealBook: Derivatives Industry Awaits Rules, and a Timeline 30.6.2011 NY Times: Business
Amid internal wrangling and a broader political divide over the derivatives rules, regulators have fallen behind on several crucial issues.

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Oregon House approves measure giving full police authority to tribal officers off reservations 30.6.2011 Star Tribune: Nation
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Federal Appeals Court Upholds Health Care Law 30.6.2011 NPR: All Things Considered
The decision by the Cincinnati-based court took on a special importance because one of the judges upholding the law, Jeffrey Sutton, is a prominent conservative. As a litigator, he made modern states' rights arguments in the U.S. Supreme Court. But in this case, he rejected similar arguments in the context of the national health care law.
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Rick Perry thinks clean air regulations are unconstitutional 30.6.2011 NewsTrust Yahoo Pipes Feed
I guess if Rick Perry wants to run for president he can't talk about seceding from the Union, but if this clip is any indication, then he's settled for a second best that will surely appeal to Bachmannbots: claiming that just about everything the federal government does is unconstitutional. And what better place to make the claim than Glenn Beck's show: It’s really that competition [among states] that’s going to make America strong again. It’s the federal government kinda getting out of our hair. The idea that they’re telling us how to educate our children or how to deliver health care or how to, for that matter, clean our air is really nonsense. If you really want to get America back to this vibrant economy then respect the Tenth Amendment allow the states to be the laboratories of innovation. As Ian Millhiser points out , it's absurd for Perry to turn clean air, Medicaid, or school funding into a Tenth Amendment issue. If Texas doesn't want federal funds and the requirements that go along ...
Insurance mandate survives federal appeals court 30.6.2011 LA Times: Nation
The U.S. 6th Circuit Court of Appeals in Cincinnati rules that the insurance requirement in President Obama's healthcare law is constitutional.

President Obama's healthcare overhaul survived its first test before a federal appellate court, as the U.S. 6th Circuit Court of Appeals in Cincinnati concluded that the law's insurance requirement is constitutional.


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Sixth Circuit decision could signal future of Affordable Care Act challenges 30.6.2011 NewsTrust Yahoo Pipes Feed
The opinion was the first to not break down strictly along seemingly partisan lines. In the 2-to-1 ruling, a judge appointed by a Republican president joined one named by a Democrat to write the majority opinion. At the lower District Court level, five judges have divided on the question, with three Democratic appointees backing the law and two Republican appointees rejecting it.... The Sixth Circuit majority held that the mandate was “facially constitutional under the Commerce Clause” for two reasons. “First, the provision regulates economic activity that Congress had a rational basis to believe has substantial effects on interstate commerce,” Judge Martin wrote. “In addition, Congress had a rational basis to believe that the provision was essential to its larger economic scheme reforming the interstate markets in health care and health insurance.” The court directly addressed whether a choice to go without health insurance qualifies as an “activity” that substantially affects ...
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LePage thanks Maine lawmakers at '11 session's end 30.6.2011 Boston Globe: Latest
LePage thanks Maine lawmakers at '11 session's end
Fed Gives In To Banks, Eases Debit Card Fee Proposal 30.6.2011 Forbes.com: Personal Finance News
Looks like all that lobbying worked out well for banks.
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Appeals court upholds ruling against TCF in debit card case 30.6.2011 Twincities.com: News

SIOUX FALLS, S.D. - A judge was correct in denying a preliminary injunction against the Federal Reserve seeking to prevent debit card transaction fee limits from taking effect, a federal appeals court ruled Wednesday.

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Nut Graf From Judge Sutton’s Decision 30.6.2011 Think Progres
This is, I think, the key paragraph: The Court has upheld other federal laws that involved equally substantial, if not more substantial, incursions on the general police powers of the States and the autonomy of individuals. If, as Wickard shows, Congress could regulate the most self-sufficient of individuals—the American farmer—when he grew wheat destined for [...]
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Federal Appeals Court Upholds Health Overhaul Law 30.6.2011 NPR: Healthcare
In a 2-1 decision, an appeal court panel in Ohio upheld the individual mandate of the law overhauling the nation's health care system. The ruling is the first by a federal appeals court on the overhaul.
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Sixth Circuit Upholds Constitutionality Of Affordable Care Act 30.6.2011 Outside the Beltway
The first Appeals Court decision on the Affordable Care Act was a victory for the government.
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TCF v. Bernanke? Bernanke wins again 30.6.2011 Star Tribune: Latest
TCF loses an appeals court round trying to prevent new regulations that cap so-called swipe fees.
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Appeals court upholds Obama health care law 29.6.2011 MSNBC
Appeals court upholds Obama health care law
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Appeals Court Says Health Care Mandate Valid 29.6.2011 The Moderate Voice
In 2-1 vote the US 6th District Court Of Appeals has ruled that the mandate provision of Health Care Reform is valid. As a bit of background, the Commerce Clause gives Congress the power to ‘regulate commerce among the several states’. It has been determined that this allows them to regulate any activities with a [...]
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6th Circuit panel upholds individual mandate (Politico) 29.6.2011 Yahoo: Politics
Politico - A GOP-nominated judge rules in favor of mandate.
Appeals court upholds denial in debit fee case 29.6.2011 Minnesota Public Radio: Business
A judge was correct in denying a preliminary injunction against the Federal Reserve seeking to prevent debit card transaction fee limits from taking effect, a federal appeals court ruled Wednesday.
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Appeals Court Upholds Denial In Debit Fee Case 29.6.2011 WCCO: Local News
(credit: Jupiter Images)A judge was correct in denying a preliminary injunction against the Federal Reserve seeking to prevent debit card transaction fee limits from taking effect, a federal appeals court ruled Wednesday.
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BREAKING: 6th Circuit Upholds Constitutionality of Affordable Care Act 29.6.2011 The Atlantic - Matthew Ygblesias
The majority writes: “We find that the minimum coverage provision is a valid exercise of legislative power by Congress under the Commerce Clause and therefore AFFIRM the decision of the district court.” Key passage: By regulating the practice of self-insuring for the cost of health care delivery, the minimum coverage provision is facially constitutional under [...]
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Appeals court upholds denial of preliminary injunction in debit card transaction fee case 29.6.2011 Star Tribune: Business
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