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Or are they fooling themselves? According to consumer advocates and members of Congress, the federal agency that is supposed to protect Little Johnny from toxic Thomas the Tank Engines is woefully underfinanced, understaffed and ill-equipped to regulate the onslaught of toys and other products imported from China. Indeed, the...
Politics kept the commission from even exerting the small leverage it has. When the CPSC's chairman quit in July 2006, leaving just a pair of members, President Bush waited until March 2007 to fill the vacancy. But his nominee, a business group lobbyist with a reputation for hostility to...
Instead of new legislation, Gov. Spitzer's seven-member commission will conduct reviews of the state's toughest sentencing practices, under which the Rockefeller laws fall. But it is unlikely to bring about a full repeal of the laws, leaving O'Donoghue to wonder if a change will ever come...
Gary J. Aguirre had to apply 24 times to become a staff attorney for the Securities and Exchange Commission, but it only took his first case to make him realize that this was not his public service dream come true. The assignment was heady stuff, a hedge fund insider-trading...
In early August, Mattel's Fisher-Price division and the U.S. Consumer Product Safety Commission announced a recall of 967,000 toys, featuring characters like Big Bird and Elmo from Sesame Street and Dora the Explorer, because of excessive amounts of lead paint. The toys had been manufactured this spring...