News Briefs

Greg Ip of the Wall Street Journal writes that financial deregulation efforts by the Trump administration are adding fuel to an already-hot economy. Ip contends that it is an unusual time for loosening financial regulations, as asset prices are near record highs and the current economic expansion is long in the tooth. WSJ

The Wall Street Journal reports that the White House will soon have to decide the fate of ethanol-blending requirements for oil refineries. The ethanol mandates present a difficult negotiation for the administration, as the President has voiced support for both the mandates and American energy companies, who staunchly oppose the mandates. WSJ