News bites: Texas legislators balk at added regulations after deadly blast

A U.S. regulator told a leading Bitcoin trade group that exchanges for the digital currency must adhere to the same regulations as traditional financial institutions, according to The Wall Street Journal.

Financial analyst Dick Bove cut his rating of JPMorgan Chase, citing “regulatory McCarthyism,” reports.

A legislative panel in Connecticut is eying a crucial vote on proposed regulations for the state’s new medical marijuana program, according to The Associated Press.

The latest from RegWatch:

Republicans criticized new regulations governing the establishment of endangered and threatened species.

A coalition of farmers rancher and consumer groups filed a motion seeking to intervene in a high-stakes legal fight over the Agriculture Department’s meat labeling regulations.

The Internal Revenue Service finalized regulations allowing the agency to share additional information about Americans’ tax returns with the U.S. Census Bureau. 

U.S. Chamber of Commerce president Tom Donohue blasted Dodd-Frank Act, Affordable Care Act regulations.

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