News bites: Regulators rein in Twitter, Google, Skype

In Britain, regulators are following the United States and other major countries in overhauling its financial regulation system in response to the global economic crisis, according to the Times.

Back in the USA, The Federal Aviation Administration announced its approval of Boeing’s battery fix for the firm’s grounded 787 “Dreamliner.”  The Hill’s Transportation blog reports.

The National Highway Traffic Safety Administration is probing whether to add more than 1 million GM vehicles to a 2009 recall prompted by brake light problems, according to the Los Angeles Times.

Now on RegWatch:

Business groups are pushing financial regulators to adopt strict cost-benefit analysis procedures as they weigh new rules.

It is not clear who is in charge these days at the White House’s Office of Information and Regulatory Affairs.

Democratic Sen. Bob MenendezRobert MenendezGMO labeling bill advances in the Senate over Dem objections Overnight Finance: Trump threatens NAFTA withdrawal | Senate poised for crucial Puerto Rico vote | Ryan calls for UK trade deal | Senate Dems block Zika funding deal Menendez rails against Puerto Rico bill for 4 hours on floor MORE urged the Securities and Exchange Commission to move forward with a rule requiring CEO’s at publicly trade firms to disclose their salaries.

GOP Rep. Scott GarrettScott GarrettThe Trail 2016: Candidate tug-of-war Dem group slams NJ Republican for 'hateful agenda' Divided GOP to powwow on budget MORE, meanwhile, introduced legislation to rein in SEC rulemaking.

The White House is considering revisions to the Race to the Top educational grant competition.

A new study pans self-regulation of junk food ads.

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