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Finally - A Farm Bill
Finally, late last month the official text and miscellaneous other information regarding the first draft of a 942-page House farm bill entitled the “Farm, Food, and National Security Act of 2024” was released. At press time, the Senate had not released their version of the farm bill but only disseminated some summary details.
Congress Holds Hearings On Swipe Fees
There is finally action and movement on Capitol Hill to rein in credit card swipe fees! Senate Majority Whip Dick Durbin (D-IL) called on the CEOs of VISA and Mastercard to testify early this month before the Senate Judiciary Committee where the committee debated the Credit Card Competition Act that I have previously commented upon in my commentary.
Major Regulations Under Review At FDA
To increase transparency, assist food and drug stakeholders, including those in the retail sector, the Food and Drug Administration (FDA) has just announced its regulatory agenda and posted a new website listing all regulations it plans to publish by October 2024. The FDA has also announced longer-term regulations it is prioritizing for later publication. Finally, the FDA has also updated a list of guidance topics that the agency is considering and expects to publish by the end of this year.
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