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The Latest Breaking News from CRA

SCOTUS takes up second Chevron case, bump stock ban challenge

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Ballotpedia

3 Consulting Giants Capitalizing on Government Spending

The “knowledge economy” is a hot topic right now, but it has existed in another format for a very long time. Consulting services are growing as knowledge becomes more and more niche and specialized, and governments and businesses alike are turning to outside knowledge for strategy, operations, and IT help…

StockNews.com

PFRDA makes 'penny drop' verification mandatory for NPS fund withdrawal

PFRDA makes 'penny drop' verification mandatory for NPS withdrawals. Test transaction verifies account validity, name matching. Failure of penny drop verification leads to communication to subscriber and contact with nodal officer. CRAs to complete development of functionality within a month.

The Hindu

From analysis to the latest developments in health,
read the most diverse news in one place.

A Republican plan would end the student loan payment pause

Republicans in Congress are trying to deal another blow to President Joe Biden's student loan forgiveness efforts.

Fortune

Federal budget 2023: winners and losers summary

Some renters and welfare recipients will benefit, while middle-income renters, smokers and scammers will be worse off

The Guardian - AU

Commonwealth rent assistance has no effect on Australia’s housing affordability, Anglicare says

Report finds that not only is CRA inadequate in alleviating rental stress, but that the way it’s calculated neglects those most in need

The Guardian - AU

Canada’s tax authority reaches deal with 35,000 striking workers

Tentative Canada Revenue Agency deal ends two-week strike, one of the largest labour actions in the country’s history.

Al Jazeera

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Second Circuit weighs in on CFPB funding structure

Ballotpedia

Biden vetoes CRA resolution seeking to nullify ESG rule

Ballotpedia

GOP pits endangered Democrats against Biden with sensitive votes

Two Senate Democrats voted for an ESG resolution that Biden has promised to veto.

Axios

Michael Pascoe: Government’s multibillion-dollar splurge on private landlords hurts public housing

The federal government spent more subsidising landlords over the past two financial years than funding social housing into the future.

The New Daily

‘It’s crazy’: Billionaire owner wants to move Jennings Bryan’s historic Miami villa

Billionaire Miami newcomer Ken Griffin, who has received an effusive welcome from local politicians as he moves his Citadel financial empire to the Magic City from Chicago, wants them to do something for him: Take one of the city’s most significant historic homes off his hands.

Miami Herald

Disinformation is an epidemic. We’re the vaccine.

Disinformation is the common denominator to many of the problems facing our democratic society. Disinformation is the wicked sister of misinformation: the latter happens when someone spreads false information, perhaps unwittingly; the former is a deliberate attempt to deceive by propagating misleading or fabricated facts. We’ve all encountered both in…

The Conversation

The Collapse Of Craft Cannabis Farms In Canada: Coalition Calls For Government Intervention

The Cannabis Council of Canada, the Canadian Chamber of Commerce and StandForCraft.com, a coalition of 45 cannabis cultivators and processors self-identifying as small to medium enterprises endorsed a

Benzinga

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Benzinga

'Unannounced Inspections Are Coming' Say Michigan Cannabis Regulators In Move To End Illegal Activity

Michigan’s Cannabis Regulatory Agency has a new plan to crack down on illegal cannabis products that are somehow entering the legal program, and causing oversupply and price drop issues.

Benzinga

Longtime Detroit Residents Have Advantage In Cannabis Licensing Process, Michiganders Beware Of Marijuana Scams

Legal obstacles facing the rigorous Legacy Detroiter preference program for long-term residents seeking entry into the cannabis industry is picking up steam, a month after a judge dropped two lawsuits challenging the license application process, reported the Detroit Free Press.

Tribune News Service

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

Los Angeles Times

California Legislature passes bill to protect fast-food workers

A California bill that aims to improve and standardize working conditions for fast-food workers will head to the desk of Gov. Gavin Newsom after winning passage in the state Senate and Assembly on Monday over objections from business interests, which say it unfairly targets the fast-food industry and will drive…

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Roll Call

Political divide snags the digital update to anti-redlining law - Roll Call

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.

Reason

Democrats' Rejection of Permit Streamlining Resolution Doesn't Bode Well for Joe Manchin's 'Side Deal'

The West Virginia senator conditioned his support for the Inflation Reduction Act on reforming federal environmental review laws. His Senate colleagues don't seem so hot on the idea.

Ballotpedia

Checks and Balances- July 2022

Reuters

Argentina's farm leaders worry about new economy chief

Argentina's farm sector leaders said on Monday they were worried about the naming of an economy minister who has close ties to Vice President Cristina Fernandez de Kirchner who pushed higher export taxes on agricultural goods when she was president from 2007-2015.

Benzinga

Cannabis Reg. Update: Supreme Court Judge Bans Smokable Hemp In TX, Kansas Officials Sued Over $120K Worth Product Seizure & More

Texas Supreme Court Prohibits Sales & Production Of Smokable Hemp

Roll Call

Investors urge regulators to protect vulnerable from climate risk - Roll Call

Advocates of ESG investing say only one financial regulator has made considerable progress in protecting the vulnerable from climate risk.

The Independent UK

Anti-discriminatory bank law getting update for modern era

The three major U.S. banking regulators say they plan to rewrite many of the outdated regulations tied to a decades-old banking law

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