Barack Obama made it known during his 2008 campaign that he planned to promote green energy while at the same time curtailing the use of fossil fuels. He promised that the cost of electricity would skyrocket. Part of his plan was to place unreasonable and expensive regulations on the coal and oil industry. For the first time in 16 years, Congress is looking at taking action to repeal one of the regulations that had a negative impact on the coal industry.

Welcome to¬†Overnight Regulation, your daily rundown of news from the federal agencies, Capitol Hill, the courts and beyond. It’s Tuesday evening here in Washington, where everyone is anticipating President Trump’s Supreme Court nominee.

Here’s the latest.

THE BIG STORY

House Republicans laid out plans Tuesday to strike down a controversial Obama-era coal rule.

The Interior Department’s stream protection rule could become just the second regulation in history — and the first in 16 years — to be repealed under the Congressional Review Act, which allows lawmakers to overturn regulations they disapprove of with a simple majority.

Read More Here

 

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Send this to friend