News bites: Crucial healthcare rule’s delay will allow time to cut red tape

Republican members of the Federal Deposit Insurance Corporation (FDIC) are pushing new regulations requiring big banks to keep more capital on hand, according to Mother Jones. 

Key industry players in the fight against labeling regulations on genetically engineered food are to convene a summit next week to discuss the path forward, RegWatch reports. 

More from RegWatch:

Prudential Financial Inc. contested its proposed designation as a “systemically important” nonbank financial institution.

The federal government failed to meet its goals for contracting to small businesses for the seventh straight year.

A federal appeals court ruled that Amtrak’s role in developing railroad regulations has been unconstitutional.

The Agriculture Department approved a second slaughterhouse for horses.

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