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White House Government Agencies

  • On Friday, a three-judge panel for the federal appeals court in Washington said the FAA had relied on outdated or irrelevant tests and studies before deciding that seat spacing was a matter of comfort, not safety. The judges sent the issue back to the FAA. FAA spokesman Ian Gregor said the agency was considering the ruling and its next steps.

  • FDA staffers, in a review released earlier this week, said the experimental hepatitis B vaccine is effective, but that there were more deaths and serious heart problems in patients given the vaccine than in those who took a rival product. The FDA is not bound to follow the advice of its advisory panels but typically does so. If the FDA approves the vaccine, peak sales...

  • July 28- Available data supports the safety of Dynavax Technologies Corp's experimental hepatitis B vaccine when administered to adults, a panel of expert advisers to the U.S. Food and Drug Administration said on Friday. FDA staffers, in a review released earlier this week, said the experimental hepatitis B vaccine is effective, but that there were more deaths...

  • Senator Elizabeth Warren called on Federal Reserve Chair Janet Yellen to remove members of Wells Fargo& Co's board after revelations the company improperly charged customers for auto insurance. In a letter sent Friday to Yellen, Warren, a Democrat, said the recent revelation of more improper charges at the bank indicates "deep risk management problems," and...

  • The FDA's move to consider reducing nicotine levels in cigarettes sent shares of major tobacco companies in the United States and UK plummeting in heavy trading volume, with the world's biggest producers poised to lose about $60 billion of market value. The agency cannot reduce nicotine levels to zero, nor can it ban cigarettes, but Gottlieb said the FDA would...

  • WASHINGTON— The Latest on emergency spending legislation for the Department of Veterans Affairs:. The House has approved a $3.9 billion emergency spending package to address a budget shortfall at the Department of Veterans Affairs that threatens medical care for thousands of veterans. After a week of debate and protests by veterans' groups, Congressional...

  • The FDA has had the power since 2009 to regulate nicotine levels but hasn't done so. Gottlieb also said the FDA is giving e-cigarette makers four more years to comply with a review of products already on the market. Gottlieb said he has asked the FDA's Center for Tobacco Products to explore whether lowering nicotine could create a black market for higher...

  • SAO PAULO, July 28- The Brazilian real strengthened on Friday after data showing underwhelming wage gains in the United States reduced bets on another U.S. rate hike this year. The U.S. economy accelerated in the second quarter, matching analyst expectations, but wage growth slowed and inflation was limited, putting the Federal Reserve in a tight spot as it looks...

  • July 28- The U.S. Food and Drug Administration aims to reduce nicotine levels in cigarettes while exploring measures to move smokers toward e-cigarettes, in a major regulatory shift announced on Friday that sent traditional cigarette company stocks plunging. The move means FDA Commissioner Scott Gottlieb has sided at least partially with e-cigarettes in...

  • NEW YORK— A savings program put into place under President Barack Obama and designed to get more people to put away money for retirement is being killed by the Treasury Department, which said it is too costly to maintain. Treasurer Jovita Carranza, in a release Friday. The Treasury Department said myRA savers had put away about $34 million since late 2015, and that...

  • WASHINGTON, July 28- The U.S. Environmental Protection Agency and California Air Resources Board on Friday said they approved Fiat Chrysler Automobiles request to sell 2017 diesel vehicles with updated emissions software after months of testing. Reuters reported the planned approvals on Thursday. Fiat Chrysler hopes to use the software upgrade in 2017 as...

  • WASHINGTON— Congressional Republicans and Democrats have reached agreement on a $3.9 billion emergency spending package to fill a shortfall in the Department of Veterans Affairs' program of private-sector care, seeking to avert a disruption to medical care for thousands of veterans. The compromise plan sets aside $2.1 billion over six months to continue...

  • OAKDALE, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer session before a Woodbury Area/ St. Paul Chamber of Commerce event- 1720 GMT. FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT.

  • OAKDALE, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer session before a Woodbury Area/ St. Paul Chamber of Commerce event- 1720 GMT. FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT.

  • WASHINGTON, July 27- Republican and Democratic lawmakers on Thursday discussed ways to prevent drugmakers from using rules developed to safeguard patients to instead block the sale of cheaper medicines. The focus at a hearing, held by members of the House Judiciary Committee's antitrust subcommittee, was on the use by some brand name drug companies of a Food...

  • July 27- Amgen Inc said on Thursday the U.S. Food and Drug Administration granted priority review to the company's request to add important heart safety data to the label of its expensive injectable cholesterol drug Repatha. The FDA will decide by Dec. 2 whether to allow Amgen to include data from a major clinical trial that showed Repatha significantly cut the...

  • WASHINGTON, July 27- Randal Quarles, U.S. "I do think the Fed can look at being more transparent about those activities and do it in a way that doesn't reduce the effectiveness of those tests," Quarles told a confirmation hearing at the Senate banking committee. Quarles, a former Wall Street lawyer and U.S.

  • WASHINGTON— Congressional Republicans and Democrats reached agreement Thursday on a $3.9 billion emergency spending package to fill a shortfall in the Department of Veterans Affairs' program of private-sector care, seeking to avert a disruption to medical care for thousands of veterans. The plan sets aside $2.1 billion over six months to continue funding...

  • The rule, which would require drilling companies to disclose what chemicals they've used for fracking, was put on hold last year after a Wyoming judge said the Bureau of Land Management had no authority to set such a rule. Since replacement could be years away, the Bureau of Land Management has asked the court to leave the district court's ruling in effect until a...

  • WASHINGTON— Randal Quarles, President Donald Trump's nominee for the Federal Reserve Board, says he likes a predecessor's ideas for where regulators should prune banking rules. At his Senate confirmation hearing Thursday, Quarles said he agreed with recent recommendations of the man he'd replace as the head of bank oversight. He's expected to win approval...