News bites: Obama to crack down on ‘patent trolls’

Also on RegWatch:

Sen. Elizabeth WarrenElizabeth WarrenWarren: Liberals will ‘lead the Democratic Party back from the wilderness’ Warren asks where bank CEOs stand on customers' ability to join class action suits Labor Department seeks delay of Obama investment adviser rule MORE (D-Mass.) called the nation’s rising student debt “an emergency” and “truly a crisis.”

The White House issued new sanctions on Iran’s currency and auto industry.

The Center for Science in the Public Interest called upon the government to take Ginkgo biloba off the market following studies linking the herbal supplement to cancer.

The Food and Drug Administration launched a probe into a multi-state hepatitis outbreak.

The U.S. Department of Agriculture updated its regulatory process.

The Securities and Exchange Commission hired a former white collar-litigator to serve as a key adviser to Chairwoman Mary Jo White.

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