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Trump made unprecedented use of a law to overturn Obama-era rules. Biden has just weeks to secure his own policies from a similar fate.

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Biden has only weeks to safeguard policies from potential Trump victory

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Simone Del Rosario

Business Correspondent

President Joe Biden has eight months remaining on his presidential first term. However, he has only weeks to safeguard his key policies and regulations from a potential Donald Trump victory in November. “The Biden administration is right now trying to rush out in final form all of the regulations that he’s been working on for a couple of years to make sure that they are final before the Congressional Review Act cutoff date,” Columbia Law Professor Michael Gerrard said. The 1996 law allows an incoming president to unravel the previous administration’s recent rules and regulations with support from a simple…

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Blue Origin's New Shepard rocket successfully launched six passengers into space, including Ed Dwight, the first Black astronaut candidate.

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Blue Origin breaks 2-year hiatus, launches 6 passengers to edge of space
Iranian state media confirmed this morning that Iran's President Ebrahim Raisi was killed in a helicopter crash on Sunday, May 19.

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Iranian president killed in helicopter crash
A group of billionaires privately pressed NYC Mayor Eric Adams to break up campus protests at Columbia University.

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Billionaires discuss how to shut down Columbia protests in group chat: Report
A pair of bipartisan congressional members have introduced legislation that could halt regulators from mandating finger detection technology in table saws.

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Saw stop: Reps. introduce bill to derail rule that aims to prevent amputations
McDonald's introduces the Grandma McFlurry to win back customers amid rising prices and plans for a $5 value meal.

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McDonald’s unveils Grandma McFlurry as company looks to win back customers
The first shipment of humanitarian aid for civilians in Gaza to use the United States’ newly built pier made its way into the territory.

Reuters

Humanitarian aid begins entering Gaza via US-built pier
Russian President Vladimir Putin travels to China as he looks to strengthen ties between the two countries.

Reuters

Putin meets with Xi in China as leaders look to strengthen ties
The Fed vows to keep interest rates restrictive until inflation goes down. But what's left of inflation is largely out of the Fed's control.

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How much sway does Fed’s interest rate policy have over residual inflation?
The U.S. Justice Department has found that Boeing violated a settlement that allowed the company to avoid criminal prosecution following two deadly crashes involving its 737 MAX aircraft in 2018 and 2019. Boeing failed to implement changes to prevent violations of federal anti-fraud laws, a condition of the 2021 settlement.

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Boeing faces potential prosecution over 737 Max crashes
TikTok users and the company sue the U.S. government over a law forcing a sale or ban, citing free speech rights.

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TikTok users sue federal government over law that could ban app
The U.S. will send $1 billion in weapons to Israel. There are new details on a crash in Florida that killed eight migrant farmworkers.

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Biden administration plans $1 billion weapons deal with Israel
Red Lobster is closing 48 restaurants across 20 states. The move comes as the chain is reportedly considering filing for bankruptcy protection.

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Red Lobster shutters 48 stores across 27 states amid uncertain future
Both Biden and Trump believe raising tariffs on China is a winning move, especially in battleground states. But is it good for everyone?

Tariffs 101: Is raising tariffs on China a win for Americans?
Michael Cohen, the one-time lawyer for Donald Trump, took the stand in the former president’s criminal trial.

Reuters

Cohen testifies Trump said ‘just do it’ about payment to Daniels
U.S. airlines are suing the Transportation Department over a new disclosure rule for checked bags, seat selection, flight changes and more.

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Airlines sue Biden Administration over new fee disclosure rule
It’s getting more difficult these days to tell the difference between streaming platforms and cable with bundling and rising prices.

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Streaming looking more like cable with price hikes, bundling
GameStop's stock went through the roof after meme-stock icon Keith Gill, aka Roaring Kitty, made his first public post in nearly three years.

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GameStop stock roars back on Monday with help from Roaring Kitty posts
Climate activists attempted to storm a Tesla facility in Germany because of a proposed expansion that will destroy 250 acres of trees.

Reuters

Climate activists try to storm Tesla plant in Germany, clash with police
In the world of beer, Bud Light is still feeling fallout from a boycott that started more than a year ago. In the first quarter of 2024, Anheuser-Busch, known for its Bud Light brand, got some good news – it beat earnings expectations despite the boycott that started in April 2023 after Dylan Mulvaney, a transgender influencer, promoted the beer on Instagram.

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A year after Bud Light boycott began, Anheuser-Busch sales still down
The Senate reauthorized the FAA with a 5-year, $105 billion bill to enhance air travel safety and customer service.

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Senate passes sweeping FAA bill focused on safety, consumer protections
Hunter Biden’s trial will proceed in June after a federal appeals court denied his request to dismiss gun charges in Delaware.

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Federal appeals court rejects Hunter Biden’s dismissal request in gun case
After hours of testimony by Stormy Daniels, lawyers for former President Donald Trump requested a mistrial.

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Judge denies Donald Trump’s request for mistrial after Stormy Daniels concludes testimony
Anne Bayefsky warns that if the current U.S. Resolution on U.N. Funding passes, all funds must be withheld from the U.N. As per U.S. Law.

Reuters

Biden says US will not supply weapons to Israel for Rafah operation
In a new initiative aimed at raising funds for global conservation efforts, nature now has its own artist page on Spotify.

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Nature gets its own artist page on Spotify to support global conservation efforts