News bites: Senate Dems push Yellen for Fed chairmanship

An undercover Federal Trade Commission (FTC) investigation turned up significant funeral home violations, according to The Denver Post.

A Chinese company’s proposed $4.7 billion acquisition of Virginia-based Smithfield Foods is raising questions about the impact on U.S. supplies of the heart-disease drug heparin, The Wall Street Journal reports.

The latest from RegWatch:

Rep. Rosa DeLauro (D-Conn.) introduced legislation that would end tax breaks for companies that market unhealthy food to kids.

A new Senate panel with jurisdiction over the federal rulemaking process announced its inaugural hearing.

Legislation dropped Thursday would block ObamaCare’s “honor system.”

Financial regulators urged banks to work with borrowers on student loan debt.

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