Executive Summary The Food and Drug Administration has authorized 26 nicotine pouch products. Hundreds more sell without clearance, so the legal market is a small fraction of the shelf. For most of those unauthorized products, illegal means the FDA never finished reviewing them. It does not mean the agency examined them and judged them dangerous. A dangerous product … Continue reading
Tag Archives: Regulation
Debt / Economy / Technology
Stablecoin Issuers as a Growing Class of Treasury Buyers: Implications and Risks
Executive Summary With the passage of the GENIUS Act, which sets a framework for future stablecoin legislation, the growing stablecoin market raises concerns over its impact on U.S. Treasury yields. Studies show that increased demand from stablecoin issuers for short-dated Treasury bills may have a similar influence on yields as a rate cut from the … Continue reading
Gridlock ahead? Driving innovation in the autonomous vehicle market
Executive Summary Driverless vehicles are at the cutting edge of automobile innovation, and their importance will only increase with time. While the United States is producing these vehicles competitively, an unclear regulatory environment threatens to stall technological progress. U.S. lawmakers and regulators should build certainty and spur innovation by establishing a national safety standard and … Continue reading
Securing Critical Supply Chains: How New Regulations Are Shaping the Future
EXECUTIVE SUMMARY The semiconductor industry, projected by the World Semiconductor Trade Statistics (WSTS) to reach approximately $611 billion in value by 2024, is considered the backbone of the Fourth Industrial Revolution, serving as an essential element in modern technology and innovation. Demand disruptions caused by the COVID-19 pandemic in 2020 caused the overall projected revenue … Continue reading
Searching for Common Ground between Energy Security and Environmental Justice
EXECUTIVE SUMMARY The Committee on Energy and Commerce held a hearing on February 7, 2023, titled Unleashing American Energy, Lowering Energy Costs, and Strengthening Supply Chains. During this hearing, the committee discussed 17 proposed bills. Several bills aim to remediate shortages and high prices by addressing the importance of American energy by creating waivers to … Continue reading
Trump’s Overtime Protection Rule: A Smart Rule for Workers
The Trump Administration’s Overtime Protection Rule In March of 2019, the Department of Labor issued a proposed rule to update and extended eligibility for overtime pay for employees that do not perform managerial, executive, or administrative taks. The proposed rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees, mandates … Continue reading
Economic Freedom Series: Why Do I need a Prescription for Contact Lenses?
The Federal Trade Commission (FTC) and Federal Drug Administration (FDA) have infringed upon my economic liberties. Collectively, these government bodies created an inefficient marketplace that burdens contact lens retailers and consumers. In hopes of curtailing market power granted to contact lens prescribers by FDA regulation, the FTC designed the Fairness to Contact Lens Consumer Act … Continue reading
Economic Freedom Series: Why Economic Freedom is Important
Economic freedom gives individuals the ability to pursue self-wants in the most efficient way possible—via the market. Many laws and regulations, in the name of consumer protections or marketplace fairness, take away our fundamental right of economic freedom. Continue reading
The FCC’s Disregard for Property Rights
The Federal Communications Commission (FCC) has seemed to make its mission of late to trample over property rights in the name of “public interest.” Nowhere is this propensity more clear than in its recent moves on net neutrality and the blocking of Wi-Fi by private entities. In the coming days, the FCC will probably designate … Continue reading
Can Oil and Gas, Government, and Environmentalists Work Together?
It must be frustrating for President Obama when his policies make no one happy. Recently the administration announced plans to regulate methane emissions, and while the oil and gas industry grumbled about new regulations and added costs, environmental groups complained the new measures don’t go far enough. Is it possible for policymakers to appease environmental … Continue reading
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