Week in Review

White House group requests speedier drug approval, report details advantages of carbon tax, and more.

  • A Fifth Circuit appeals court panel reversed itself and threw out a lower court’s ruling that the Army Corps of Engineers was liable for billions of dollars in Hurricane Katrina flood damage that property owners blamed on the Corps’ maintenance of a New Orleans shipping channel.
  • A Ninth Circuit panel denied an Arizona sheriff’s request to reverse a lower-court decision barring his deputies from detaining people solely on the suspicion that they are undocumented immigrants.
  • A federal judge dismissed a challenge to an Obama administration ban on registered lobbyists serving on certain advisory committees.
  • A group of federal agencies reopened for further public comment a proposed rule to establish margin and capital requirements for “swaps-dealers” or “major swap participants”, including major U.S. banks.
  • Trade groups for power companies and natural-gas suppliers pressed the Commodity Futures Trading Commission (CFTC) to delay their industries’ need to comply with regulations issued under the 2010 Dodd-Frank law.
  • A WSJ story indicated that state restrictions on painkiller prescriptions could limit access by those legitimately in need of drugs.