News bites: Resurgent Wall Street helping draft financial laws

The latest from RegWatch:

A bipartisan group of lawmakers in the House and Senate introduced legislation to overhaul the regulatory system.

Business groups weighed in on an Affordable Care Act provision governing incentives for employees to stay healthy.

Treasury issued new sanctions on 20 people and companies linked to Iran’s nuclear and missile programs.

The Mine Safety and Health Administration submitted to the White House draft regulations involving escape provisions.

The U.S. Agriculture issued new meat labeling regulations, sparking fierce criticism from the beef industry.

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