When the new gainful employment rules take effect later this year, for-profit educators would need to demonstrate that their programs are actually training graduates to earn a living. But a pending piece of legislation seeks to give these schools a free pass to billions of dollars in federal student aid.
Congress One Step Closer To Granting Fast-Track Authority For Passing Mysterious Trans-Pacific Trade Treaty
Global trade deals are kind of arcane stuff. Diplomats spend years or decades negotiating them, in an endless series of meetings around the world. Not only do all the i’s need to be dotted and t’s crossed, but every a, an, and, if, then, and but needs to be reviewed, revised, discussed, and agreed upon ten times over. It’s a laborious process.
FCC chairman Tom Wheeler was once again called before Congress today. His task: to justify the commission’s vote to protect consumers from the potential, likely harms of monopoly ISPs out to make a buck in any way they can. Or, in other words, to defend the agency’s recent vote on net neutrality.
Antibiotic resistance is a big problem. Farmers know it. Consumer advocates know it. Doctors, the CDC, and the FDA all know it. You know it. And the largest contributor by far to the crisis is the 80% of antibiotics that are used in industrial farming. And Congress is, once again, taking a stab at making agricultural antibiotic abuse against the law before it’s too late.
Since 2005, student borrowers have been unable to discharge their private student loans through the process of bankruptcy. But that could soon change after a group of 12 senators introduced a bill aimed at addressing the current student debt crisis by restoring the bankruptcy code to hold private student loans in the same regard as other private unsecured debts. [More]
Since its creation as part of the 2010 Dodd-Frank financial reforms, the Consumer Financial Protection Bureau has been a target of pro-bank, anti-regulation lawmakers who contend that the agency lacks legislative oversight and puts too much authority in the hands of a single director. With the recent political power shift in the Senate and another presidential election on the horizon, some advocates are concerned that the anti-CFPB movement may take hold on Capitol Hill. [More]
Everything you do online — on your phone, on your computer, with anything — leaves a digital wake. Put those trails together and you’ve got one massive big data industry that can (and does) track it all and sell it to the highest bidder. After decades of digital detritus building up, regulators and Congress both are contemplating some steps that would help protect consumers’ info.
Congress is just all up in the FCC’s business lately, it seems. Earlier this week, lawmakers in both houses proposed their own version of net neutrality, one that would also strip the FCC of its own authority to regulate broadband in the future. Today, there’s a bill looking to jump into one of the FCC’s other big issues right now: state laws that prohibit communities from developing municipal broadband.
It’s been a busy day for tech talk in Washington. Today, both the House and the Senate held hearings on net neutrality and a proposed bill to regulate it. A parade of former regulators, lobbyists, business representatives, lawyers, and consumer advocates sat on Capitol Hill and once again hashed through the debate, while elsewhere in the District, a current FCC commissioner was giving a lunchtime speech about why the FCC shouldn’t regulate at all.
Congress Lines Up FCC Commissioners-Turned-Lobbyists For Hearing To Say Why Congress’s Bad Net Neutrality Proposal Is Great
Depending on your point of view, Congress has been either promising or threatening to come up with a legislative solution to net neutrality, which would do an end-run around the current FCC debate. As of this afternoon, the first draft of the bill is out and the first hearings are on the schedule. So how does it look for fans of an open internet?
Large swaths of Congress are not pleased with the FCC’s moves towards regulating net neutrality, and they got even less pleased after the President threw his weight behind Title II and the FCC started to move in that direction. With the FCC set to vote in February, time for Congress to stick its oar in is running out. So now, in addition to the proposed bill that would bar the FCC outright from using Title II, there will soon be proposed new legislation afoot that seeks to do the FCC’s job for it, without letting the FCC in at all.
The new month and new year brought with them a new Congress, and with that comes an all-new legislative agenda. Lawmakers get to start over with the process of introducing bills and hopefully passing some laws, and consumer advocates are calling on the President and all the legislators on Capitol Hill to get moving on an agenda to help American consumers.
Lawmakers have been happy to opine about the net neutrality fight since the old rule got tossed out a year ago. Now that the FCC is not only set to vote on a new proposal next month, but also likely to take the Title II approach in that proposal, the window is closing for Congress to act, and lawmakers are feeling the urgency. And that is how we find ourselves once again with a bill on the floor seeking to remove the FCC’s authority to classify broadband how it sees fit.
For years, lawmakers have tossed around the idea of meaningful payday loan reform, from banning loans with annual percentage rates higher than 36% or looking to close loopholes that allow predatory lenders to claim tribal affiliation. This week, as Congress began its latest session, one lawmaker suggested a payday alternative that doesn’t involve another type of loan at all. [More]
Not unlike a mummy, the reanimated corpse of a bad bill that just doesn’t know when to stay dead is once again coming to the floor of a Congress near you this week. Tomorrow, the Cyber Intelligence Sharing and Protection Act — better known as CISPA — is once again going to be introduced before the House of Representatives.
Congress passed a massive omnibus government spending bill over the weekend. And while most of the attention is on the fact that lawmakers have managed to avoid the mess of another government shutdown, the 1600-page, $1.1 trillion bill has a lot in it. Particularly of note? After many long years, the federal government has effectively lifted its prohibition on medical marijuana nationwide.
With less disposable income and difficulty meeting the ever rising cost of tuition, parents often have a tough time saving for their child’s future education. A law poised to make its way though Congress aims to give parents using certain college savings plans more flexibility in their investments. [More]