The New York City Council passed a bill which caps the amount that food delivery apps such as Grubhub, DoorDash, and Uber Eats can charge a restaurant at 15 percent. Originally, this was a temporary measure to provide relief for restaurants during the Covid-19 pandemic, but the new legislation makes the cap permanent. The Council […]
Congestion Pricing May Never See the Light of Day
The regressive, inefficient debt scheme known as congestion pricing has struggled to come to fruition despite passage in the New York Legislature back in 2019. Fortunately for commerce in New York City the delayed implementation will be extended. First, the Trump administration refused to green light the project, now the MTA announced that the environmental […]
Senate Bill to Decriminalize Marijuana at the Federal Level
As more and more states passed legislation to legalize adult use of marijuana, it was only a matter of time before the Federal Government took action to decriminalize marijuana. Led by Majority Leader Chuck Schumer, the Senate proposal would let cannabis companies use banking services and trade on major stock exchanges. Called the Cannabis Administration […]
Massive Monopoly Executive Order
For decades, corporate consolidation has been accelerating. In over 75 percent of US industries a smaller number of large companies control more of the business than they did a generation ago. The White House announced a massive Executive Order, in an effort to reduce the stranglehold of monopolies and concentrated markets. Among other things the […]
Driver’s License Suspension Reform Act Takes Full Effect
Hundreds of Thousands of Low-Income New Yorkers Could Regain Freedom to Legally Drive with the Driver’s License Suspension Reform Act Tuesday June 29, New York’s Driver’s License Suspension Reform Act takes full effect, ending the state’s widespread practice of suspending an individual’s driver’s license when they cannot afford to pay a traffic fine. This legislation […]