Editor's Note: Keep in mind the approaching June 6 deadline for submitting comments for the draft OMB Circular A-4: Regulatory Analysis. Use this link to submit a comment.

Comments on proposed revisions to Circular A-94 are also due the same day. Submit a comment here.

Agency Rulemaking Highlights

Notable Actions

Medication Guides: Patient Medication Information

The Food and Drug Administration (FDA) is proposing to amend its prescription drug product labeling regulations for Medication Guides distributed to patients. This proposed rule would require applicants to create a new type of Medication Guide, referred to as Patient Medication Information (PMI)—a one-page document with standardized format and content that would be submitted to FDA for approval. Comments due November 27.

Energy Conservation Standards 

The Department of Energy issued final rules amending its energy conservation standards for Consumer Pool Heaters (effective July 28) and Room Air Conditioners (effective July 25).

Certification of Dispatchers and Signal Employees

The Federal Railroad Administration (FRA) is proposing to require railroads to develop programs for the certification of Dispatchers and Signal Employees and to submit those written certification programs to FRA for approval prior to implementation. The proposals would require railroads to verify and document that the employees have the requisite knowledge, skills, safety record, and abilities to safely perform all of the safety-related duties mandated by federal laws and regulations, prior to certification. Comments due July 31.

Regulation B

The Consumer Financial Protection Bureau (CFPB) is amending Regulation B to implement changes to the Equal Credit Opportunity Act made by the Dodd-Frank Act. Under the rule, covered financial institutions are required to collect and report to CFPB data on applications for credit for small businesses, including those owned by women or minorities. The final rule also addresses CFPB’s approach to privacy interests and the publication of data. Effective August 29.

Loan Guarantees for Clean Energy Projects

The Department of Energy issued an interim final rule amending the regulations implementing the Title XVII Loan Guarantee Program as expanded by the Inflation Reduction Act of 2022. Effective May 30.

Program Integrity Updates Under the Medicaid Drug Rebate Program

The Centers for Medicare & Medicaid Services is proposing to implement policies in the Medicaid Drug Rebate Program which are needed to address drug misclassification, as well as drug pricing and product data misreporting by manufacturers. Comments due July 25.

Richard J. Lazarus: The Supreme Court Just Gutted the Clean Water Act. It Could Be Devastating.

WSJ Editorial Board: Clean Water Landmark for Liberty at the Supreme Court

Kevin Cramer: How to Keep Electricity Flowing

Stacy Mitchell: The Real Reason Your Groceries are Getting So Expensive

Jim Murphy: The Supreme Court Is Crippling Environmental Protections. Where Is Congress?

Christina Montgomery: Why a Single AI Regulator Just Won’t Work

Aisha Saad: State Courts Can Curb the Climate Crisis

Washington Post Editorial Board: Congress Wants to Regulate AI. Here’s Where to Start.

Dan Eberhart: Rail Bill Would Increase Energy Costs, Bureaucracy

Adam Millsap: Zoning Reforms, Not Public Housing, Will Fix Rhode Island’s Housing Problem

Noah Feldman: Surgeon General's Social Media Warning Doesn't Make Regulation Easier

Bloomberg Editorial Board: Insuring All Bank Deposits Won’t Make Finance Safer

Governance & Politics

• Can the ‘California Effect’ Survive in a Hyperpartisan America?, New York Times
• Judges Rebuke Social Security for Errors as Disability Denials Stack Up, Washington Post
• DeJoy Rebuffs USPS Regulator Considering More ‘Proactive’ Role in Postal Oversight, Federal News Network
• From Gas Stoves to Prairie Chickens, Missouri Republican Declares a War on Federal Regulators, Kansas City Star (feat. RSC’s Susan Dudley)

Financial Markets & Housing

• FDIC to Release Report on Bank System Health Spanning Failures, Bloomberg
• Manufacturers Group Accuses SEC of Abusing Proxy Oversight to Advance Liberal Agenda, Reuters

Energy & Environment

• You’ve Never Heard of Him, but He’s Remaking the Pollution Fight, New York Times (feat. RSC’s Susan Dudley)
• California Seeks EPA Approval to Ban Sales of New Gasoline-only Vehicles by 2035, Reuters
• Supreme Court Limits EPA’s Power to Address Water Pollution, New York Times
• Supreme Court Weakens EPA Power to Enforce Clean Water Act, Washington Post
• Debt Deal Includes a Green Light for a Contentious Pipeline, New York Times
• EU Should Drop ‘Useless’ New Combustion-Car Rules, Minister Says, Bloomberg
• Pink Hydrogen Plans Hinge on Fine Print of Biden Climate Law, Bloomberg
• Six Examples of Greenwashing, from the UK’s Advertising Authority, Bloomberg
• Texas, a Clean-Energy Pioneer, Turns Against Renewables, Wall Street Journal
• Texas Cites New Supreme Court Water Ruling in Fight with Biden Administration, Reuters
• Cracks Emerging in Europe’s United Front to Battle Climate Change, Associated Press
• Antarctica Cruises are More Popular than Ever. Experts Say They Need More Regulations, NPR

Health & Safety

• FDA Weighs When Software Becomes a Medical Device, Axios

Business & Technology

• A Hiring Law Blazes a Path for AI Regulation, New York Times
• OpenAI Embraced Regulation—Until Talks Got Serious in Europe, Washington Post
• Europe Turns to Existing Laws to Regulate Cutting-edge AI, Axios
• G7 Officials to Hold First Meeting on AI Regulation Next Week, Reuters
• US Updates National AI Strategy and Calls for Public Input, Forbes
• Regulators Take Aim at AI to Protect Consumers and Workers, Associated Press
• Why Microsoft’s $75 Billion Bid for Activision Hinges on Call of Duty, Wall Street Journal
• Elon Musk’s Neuralink Says it has FDA Approval for Human Trials: What to Know, Washington Post
• Congress and the Tipping Point for the NCAA, NIL and College Sports, Forbes
• Chip Companies, Wary of Break With China, Seek Looser Limits on Federal Cash, Wall Street Journal

Transportation & Infrastructure

• Airline Asks to Operate Under Charter Rules, Sparking Safety Debate, Washington Post
• US Opens Probe into Freightliner Trucks Automatically Braking, Associated Press
• The One Thing Holding Back EVs in America, The Atlantic