FTC adopts rule to make it easier for consumers to cancel unwanted subscriptions
The Federal Trade Commission adopted a final rule Wednesday that will require businesses to make it easy for consumers to cancel unwanted subscriptions and memberships.
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Federal Trade Commission warns franchisors against using deceptive practices on franchisees
The Federal Trade Commission is warning franchisors to avoid “unfair and deceptive practices” against franchisees in an effort to ensure the franchise business model is a ladder of opportunity for honest small business owners.
Indianapolis accountant pleads guilty to defrauding IRS of millions
An Indianapolis CPA faces up to three years in prison after he pleaded guilty to assisting in the preparation of false tax returns on behalf of clients who participated in an illegal tax shelter.
IRS apology in Trump-related case reveals agency’s shoddy tax security
IRS officials, pushed by a lawsuit filed by Citadel CEO Kenneth Griffin, apologized to him and the other taxpayers through a news release last week after an agency contractor leaked the private tax data of more than 80,000 people and businesses.
FDIC Chair Martin Gruenberg says he will resign after hostile workplace claims
Martin Gruenberg, chair of the Federal Deposit Insurance Corp., announced Monday that he would resign once President Biden appoints and the Senate confirms a successor to lead the banking regulator, after a searing report said Gruenberg led a hostile workplace at the agency.
FTC’s new noncompete ban allows exceptions for mergers
A sale-of-business provision in the agency’s new rules permits entering into a noncompete with a person who is selling a business or disposing of all of the person’s ownership interest in a business in a “bona fide sale.”
The IRS is quicker to answer the phone on this Tax Day
On this Tax Day, the IRS is promoting the customer service improvements the agency rolled out since receiving tens of billions in new funding dollars through Democrats’ Inflation Reduction Act.
Supreme Court seems skeptical of EPA’s ‘good neighbor’ rule on power plant pollution
The U.S. Supreme Court’s conservative majority seemed skeptical Wednesday as the Environmental Protection Agency sought to continue enforcing an anti-air-pollution rule in 11 states while separate legal challenges proceed around the country.
Alson and Pashos: Judicial deference to administrative agencies in 2024
In the four decades since Chevron was decided, it has been cited in more than 18,000 cases. Today, however, the future of the “Chevron deference” is uncertain.
Sugarman: Change coming to judicial review of agency action in Indiana?
Two cases currently pending before the United States Supreme Court have the potential to change the face of administrative law at the federal and, perhaps, state level by eliminating or significantly curtailing Chevron deference.
Supreme Court wrestles with major challenges to power of federal regulators
Conservative U.S. Supreme Court justices on Wednesday voiced support for weakening the power of federal regulators, but it was not clear whether a majority would overturn a precedent that has guided American law for four decades.
US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker
The Federal Aviation Administration will begin auditing Boeing’s aircraft production and increase oversight of the troubled manufacturer after a panel blew off a jetliner in midflight last week, the last in a string of mishaps for its marquee aircraft.
Businessman with Elkhart ties sentenced in $180 million bank fraud that paid for lavish lifestyle, classic cars
A businessman who orchestrated a $180 million check-kiting scheme and used the proceeds to live a lavish lifestyle and amass one of the world’s most revered classic car collections has been sentenced to more than eight years in prison.
Supreme Court seems likely to side with Consumer Financial Protection Bureau
The Supreme Court on Tuesday seemed likely to preserve the work of the Consumer Financial Protection Bureau against a conservative-led challenge.
Supreme Court justices taking the bench for first time since June
The justices are taking the bench at the U.S. Supreme Court for the first time since late June. Their new term begins Monday with ethics concerns swirling around the court.
Government shutdown averted with little time to spare
The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal.
Amazon sued by FTC, 17 states over allegations it inflates online prices, overcharges sellers
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition.
Hunter Biden sues IRS over tax disclosures after agent testimony
Hunter Biden sued the Internal Revenue Service on Monday, alleging that two agents who claimed interference into the case against him wrongly shared his personal tax information amid escalating legal and political struggles as the 2024 election looms.
The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says
More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog.
DOJ correct in refusing employee depositions, 7th Circuit affirms
The Department of Justice’s refusal to allow Ascension Medical Group to depose a Drug Enforcement Agency agent and a federal prosecutor in state court was reasonable and in line with federal regulations, the 7th Circuit Court of Appeals affirmed Thursday.