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WASHINGTON — The Bush administration is moving in its last weeks to finalize regulations to enforce a controversial law that seeks to block Internet gambling. The move is drawing hot protests from Democratic lawmakers and supporters of online betting.
"This midnight rulemaking will tie the hands of the new administration, burden the financial services industry at a time of economic crisis and contradict the stated intent of the Financial Services Committee," the committee's chairman, Rep. Barney Frank, D-Mass., wrote this week to Treasury Secretary Henry Paulson.
Frank asked Paulson to postpone the regulation, which was reviewed by the White House budget office last week, usually a final step before publication in the Federal Register.
White House spokeswoman Dana Perino said in response Tuesday that "no regulations are being rushed. They are all going through the process and getting the full due diligence required." She said she couldn't comment specifically on the Internet gambling rule because it was not yet final.
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Bad news for anyone that likes to play Poker or Gamble online in the US. The government is about to outlaw it. Ridiculous how much power one company can have through lobbying. I wonder how much the casinos and people who do non-online gambling paid for that new law. PAID for the law - and people wonder why the US is going down the tubes.
"This midnight rulemaking will tie the hands of the new administration, burden the financial services industry at a time of economic crisis and contradict the stated intent of the Financial Services Committee," the committee's chairman, Rep. Barney Frank, D-Mass., wrote this week to Treasury Secretary Henry Paulson.
Frank asked Paulson to postpone the regulation, which was reviewed by the White House budget office last week, usually a final step before publication in the Federal Register.
White House spokeswoman Dana Perino said in response Tuesday that "no regulations are being rushed. They are all going through the process and getting the full due diligence required." She said she couldn't comment specifically on the Internet gambling rule because it was not yet final.
Whole story here.
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Bad news for anyone that likes to play Poker or Gamble online in the US. The government is about to outlaw it. Ridiculous how much power one company can have through lobbying. I wonder how much the casinos and people who do non-online gambling paid for that new law. PAID for the law - and people wonder why the US is going down the tubes.
