News bites: Fannie, meet Freddie

Japanese regulators will require “several steps” be taken before approving Boeing’s propose batter fix for its grounded 787 Dreamliners, according to Reuters.

The Obama administration favors rules allowing consumers to unlock their smartphones after their contracts are up, The Hill’s Hillicon Valley blog reports.

Highlights from yesterday’s RegWatch:

A housing policy coalition warned regulators against stringent new down payment requirements for borrowers.

The Federal Railroad Administration announced plans to begin testing train conductors for non-controlled substances following wrecks.

The Food and Drug Administration warned consumers about a crop of new “miracle drugs” for weight loss and sexual performance.

The Commerce Department rejected an Arab-American group’s petition for inclusion in programs meant to aid disadvantaged minority businesses.

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