News bites: Regulators struggle to draft calorie labeling rules

Efforts to craft regulations requiring the food industry to provide consumers with calorie counts has “gotten extremely thorny,” Food and Drug Administration Commissioner Margaret Hamburg tells The Associated Press.

China is beefing up the role of its food and drug regulator, according to Bloomberg. 

The New York Supreme Court has struck down Mayor Michael Bloomberg’s controversial ban on large sugary drinks in the city, according to The Hill’s Healthwatch blog. 

A new survey finds finance executives are finding it increasingly difficult to keep up with the speed of regulation, The Wall Street Journal reports (subscription required).

The Federal Reserve is shifting its focus to jobs, according to The Washington Post.

The Securities and Exchange Commission is taking on the “godfather” of mortgage-backed securities, The New York Post reports.

In case you missed yesterday’s RegWatch:

Regulators charged the state of Illinois with securities fraud.

Time is growing short to comment on President Obama’s individual mandate.

President Obama’s nominee to head the SEC vowed ‘unrelenting’ Wall Street enforcement.

Pharmacies pushed back against a call for new regulations following reports on this year’s meningitis outbreak.

Lawmakers objected to the TSA’s new policy allowing knives on planes.

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