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Small Businesses In the News

Tuesday, 3 July 2012

This week’s “Small Businesses In the News,” included the following stories:

Two years later, many of Dodd-Frank’s rules remain unwritten, report finds
The Hill, Peter Schroeder, 7/2/12

Nearly two years since it was made law, almost 36 percent of the roughly 400 rules required by the Dodd-Frank financial reform law have yet to be written, according to a new report. Due to regulatory uncertainty caused by pending regulations such as those under the Dodd-Frank Act, many small businesses do not hire new employees or invest in their businesses – ultimately hurting America’s economy.

If Fly Ash is Regulated, it will Cost Economy Billions
Watchdog Wire, 7/2/12

Currently, the federal transportation committee is considering an amendment allowing fly ash to continue to be used. This amendment is critical for Florida. Without this amendment, the fly ash industry, which will affect the construction and transportation industries, will be heavily over-regulated by the federal government. If the industry is washed out it would cost 30,000 Floridians their jobs.

Tepid growth weighs on job market in US 
Florida Today, 6/28/12, by Martin Crutsinger

The U.S. economy is growing too slowly to pull the job market out of a slump, according to the latest data that suggest June will be another weak month for hiring. Applications for unemployment benefits stayed above a level last week that is generally considered too high to lower the unemployment rate. And the annual growth rate for the January-March quarter was unchanged at a tepid 1.9 percent.