News bites: Financial regulators poised to vote on new restrictions for non-banks

Pressure mounts on the federal government to allow faster testing of new antibiotics to fight “superbugs,” prompting safety concerns, according to The New York Times.

Rep. Alan Grayson (D-Fla.) is pressing to remove from a proposed free-trade deal a provision that he said could give corporations the power to kill regulations, RegWatch reports.

Opinion: Positive train control rules an example of regulations whose costs exceed benefits, George Will opines. 

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