Consumer Financial Protection Agency Gets Watered Down

Consumer Financial Protection Agency Gets Watered Down

There’s been so much resistance to the proposed Consumer Financial Protection Agency that Rep. Barney Frank, the chairman of the House Financial Services Committee, has proposed a less powerful version of the agency in an attempt to get it passed. Here’s what’s changed:

FDA Banned Flavored Cigs, But Not Menthols. Why?

FDA Banned Flavored Cigs, But Not Menthols. Why?

Back in June we noted that the FDA was about to get a lot more say over the tobacco industry if the Senate approved a new bill. Well they did, and so yesterday the FDA flexed its new muscles by banning fruit, herb, spice, and candy flavorings from cigarettes. That’s right: clove cigarettes were just banned by the FDA, which is bad news for gothy teens and great news for everyone else.