News bites: Mergers facing more regulatory roadblocks under Obama


Sen. Charles Schumer (D-N.Y.) is pressing for increased regulation of the chemicals used to make the drug ecstasy, according to The Associated Press.

The National Federation of Independent Business (NFIB) is accusing the Environmental Protection Agency (EPA) of bypassing statutory rulemaking requirements in the development of a major new clean water rule, RegWatch reports.

More from RegWatch:

TD Bank agreed to pay financial regulators more than $50 million over charges it took part in a massive Ponzi scheme.

The Nuclear Regulatory Commission (NRC) announced it is moving forward with a study of the cancer risks surrounding U.S. nuclear plants.

The Food and Drug Administration (FDA) issued guidance laying out which smart and tablet apps should be regulated.

A conservative panel decried the federal “food police.”

Environmental Protection Agency administrator Gina McCarthy warned that a government shutdown would effectively shutter the agency.

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