EPA Head Signs Proposal to Undo Restrictions on Coal Plants

The Trump administration moved to overturn Obama-era environmental rules on power-plant emissions, a long-telegraphed action designed to help coal-burning plants compete with natural gas and other cleaner alternatives as a national energy source. Andrew Wheeler, President Trump’s acting administrator of the Environmental Protection Agency, on Monday signed a proposal to scrap environmental restrictions on power plants…

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Argentina’s Senate rejects bill loosening abortion restrictions

Argentina’s Senate voted 38-31 against a bill that would have legalized abortion in the first 14 weeks of pregnancy, reports the AP. Why it matters: Had the measure passed, it would have been a significant break from the rest of Latin America, a region known for its socially conservative views on abortion. Demonstrating the polarizing…

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The big picture: The SCOTUS decision enabling voting restrictions

Exactly five years ago, the Supreme Court invalidated a key provision under the landmark Voting Rights Act, exempting nine states — mostly in the South with a history of racial discrimination — from seeking federal approval before changing their voting laws. Why it matters: The 5-4 ruling in Shelby v. Holder paved the way for…

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Fed Floats Changes to Volcker Rule on Big Bank Trading Restrictions

WASHINGTON—The Federal Reserve proposed on Wednesday easing a rule designed to curb risky trading in the wake of the financial crisis, one of the most significant deregulatory measures for banks since President Donald Trump took office. The proposal, unanimously advanced by the Federal Reserve and known as Volcker 2.0, means JPMorgan Chase & Co., Goldman…

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