News bites: Obama to tap Massad as top derivatives regulator

The Treasury official oversaw the federal bank bailout, RegWatch reports.

Former New Hampshire Gov. and Sen. Judd Gregg (R) talks financial regulation on Bloomberg TV.

Janet Yellen’s biggest challenge as Fed chairwoman would be corralling competeing voices within the banking regulator’s ranks, according to The Wall Street Journal.

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The Food and Drug Administration’s ban on trans fats is the “final nail” in the artificial ingredient’s coffin, Reuters reports.

More from RegWatch:

A coalition of safety, labor and public interest groups released a report warning against of safety issues at stake, as the United States and Europe negotiate a major trade agreement.

The Food and Drug Administration advanced draft regulations meant to protect the food supply from terrorist attacks.

The federal government’s official rulemaking website, regulations.gov, crashed for the second time in the last week.

The Food Safety and Inspection Service denied claims that it is lifting a ban on imports of raw chicken from China.

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