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Overnight Regulation: Jeb proposes regulatory overhaul

Welcome to OVERNIGHT REGULATION, your daily rundown of news from Capitol Hill and beyond. It's Tuesday evening here in Washington and the pope has landed.

Here's what else is happening.

 

THE BIG STORY

GOP presidential candidate Jeb Bush unveiled a plan Tuesday to roll back a number of controversial regulations from the Obama administration, ranging from environmental rules to financial reform laws.

During campaign events in Iowa, Bush threatened to repeal the Environmental Protection Agency's (EPA) controversial power plant rules, clean water rule, and coal ash rule.

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The former Florida governor also plans to strike down a number of Dodd-Frank financial reform regulations and the net neutrality rule from the Federal Communications Commission (FCC).

"Regulations are choking America's economy, imposing an invisible tax of $1.9 trillion every year -- that's $15,000 per family," Bush noted in a proposal posted on his website that alludes to a disputed study from the Competitive Enterprise Institute. http://wapo.st/1KySVLG

Bush's proposal targets the EPA's carbon rules for power plants that seek to reduce emissions from the power sector by 32 percent. That rule, critics say, is likely to force many coal plants out of business, reports The Hill's Tim Cama. http://bit.ly/1NKAyHU

The plan also targets the EPA's Waters of the United States rule. The federal government already regulates the nation's large waterways, but the EPA is looking for more control over smaller bodies of water.

The FCC's controversial Internet regulations, known as net neutrality, would also come under scrutiny from Bush, reports The Hill's Mario Trujillo. http://bit.ly/1iKZfc7

You can read more about Bush's regulatory plan here: http://bit.ly/1NRIetF

 

ON TAP FOR WEDNESDAY

Pope Francis will cruise along Constitution Avenue between 15th and 17th streets after leaving the White House in the morning. Spectators are invited to line the streets for the parade that will start around 11 a.m. http://bit.ly/1j7fOPk

The Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management will hold a hearing to discuss the use of agency regulatory guidance. http://1.usa.gov/1Fs3SBJ

 

TOMORROW'S REGS TODAY

The Obama administration will publish 165 new regulations, proposed rules, notices and other administrative actions in Wednesday's edition of the Federal Register.

--The Department of Energy (DOE) will issue new energy conservation standards for certain air conditioners and heat pumps.

The Energy Department's Office of Energy Efficiency and Renewable Energy is pushing new efficiency rules for single package vertical air conditioners and heat pumps.

The DOE estimates the new rules will cost businesses millions to comply with, but could save consumers even more.

"DOE has determined that the amended energy conservation standards for this equipment are technologically feasible and economically justified, and would result in the significant conservation of energy," the agency wrote.

The changes go into effect in 60 days. http://bit.ly/1V8JLKD

--The National Marine Fisheries Service (NMFS) will propose protecting two species of fish.

The NMFS will propose listing the gulf grouper as endangered and the island grouper as threatened.

The protections are in response to a petition from WildEarth Guardians.

The public has 60 days to comment. http://bit.ly/1JnvoLC

--The Nuclear Waste Technical Review Board will examine the feasibility of burying high-level radioactive waste materials miles below the ground.

The process, known as deep borehole disposal, will be the topic of discussion at an international technical workshop hosted by the board on Oct. 20 and 21. http://bit.ly/1KyHyTP

 

NEWS RIGHT NOW

EPA rules: Most of the regulations former Florida Gov. Jeb Bush (R) wants to repeal as president are environmental rules from President Obama. http://bit.ly/1NKAyHU

Airport security: The Transportation Security Administration (TSA) is being sued over its controversial full-body X-ray scanners that are in use at airport security checkpoints across the country. http://bit.ly/1NKu5ww

Tobacco: For the Campaign for Tobacco-Free Kids, the last day of summer marks another deadline missed by the Food and Drug Administration (FDA) in issuing a final rule to regulate all tobacco products, including electronic cigarettes and cigars. http://bit.ly/1NKzqUB

Pope: Environmental activists hope Pope Francis will "elevate the discussion" around climate change later this week during his speech to Congress. http://bit.ly/1MH7TEU

Back pay: Halliburton has agreed to pay $18.3 million in back wages to 1,016 employees nationwide, the Department of Labor (DOL) announced Tuesday. http://bit.ly/1j7oANl

Income inequality: Sen. Bernie SandersBernard (Bernie) SandersFive takeaways from Cruz, O'Rourke's debate showdown Live coverage: Cruz faces O'Rourke in Texas debate showdown Saudi mystery drives wedge between Trump, GOP MORE (I-Vt.) called upon Pope Francis Tuesday to make income inequality a key theme of this week's address to Congress, saying the religious icon can lend the "clearest voice in the world" to the issue. http://bit.ly/1Luk1ri

Juvenile justice: The Obama administration is trying to improve the relationship between young people and law enforcement. http://bit.ly/1L41mnI

 

BY THE NUMBERS

$18.3 million: How much Halliburton, one of the world's leading oil and gas services provider has promised to pay employees in back wages.

1,016: How many Halliburton employees are owed back pay.

 

QUOTE OF THE DAY

"With the pope visiting Washington, D.C., it's a very important time to focus on climate change," -- Rep. Raul Grijalva (D-Ariz.).

 

We'll work to stay on top of these and other stories throughout the week, so check The Hill's Regulation page (http://thehill.com/regulation) early and often for the latest. And send any comments, complaints or regulatory news tips our way, tdevaney@thehill.com or lwheeler@thehill.com. And follow us at @timdevaney and@wheelerlydia.

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