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You Mean Nicotine’s a Drug?

It may come a surprise to some that the government has tougher safety standards for Cocoa Puffs than for Marlboros, but under current law, the Food and Drug

Jul 31, 2020
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It may come a surprise to some that the government has tougher safety standards for Cocoa Puffs than for Marlboros, but under current law, the Food and Drug Administration has no power to regulate the cigarette industry.
House lawmakers took a step today to change that, passing legislationplacing tobacco products under the regulatory eye of the FDA. But as evidence of just how slowly Washington works (and how powerful industries can be), the fate of the bill is uncertain in the Senate, where some regional protectionists have vowed to kill it.
The New York Timesdescribes the bill:
As passed by the House the legislation would set up a new F.D.A. office, financed by industry fees, with powers to restrict harmful chemicals in existing tobacco products — including nicotine and possibly, after further study, menthol. The F.D.A. would also be empowered to approve or reject new tobacco products and to expand marketing restrictions and warning labels.
Among the changes, the bill would prohibit tobacco ads within 1,000 feet of schools and require companies to disclose the ingredients of their products. The FDA would not have the power to eliminate tobacco products outright.
A decade ago, the FDA tried to regulate tobacco, but the Supreme Court ruledin 2000 that Congress must specifically empower the agency to monitor the industry. Bill sponsor Rep. Henry Waxman(D-Calif.), who now heads the House Energy and Commerce Committee, has been trying to do just that for years.
He’s almost there. President Obama supports the bill. The only potential deal-killer could come in the Senate, where North Carolina GOP Sen. Richard Burr has vowed a filibuster, The Times reports.
Is it 2009 or 1709? How the Senate votes will give us the answer.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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