UIGEA Enactment On Hold
Looks like the actual enforcement of the UIGEA will be put on hold for a little while longer.
While President Bush's last minute executive order pushing the UIGEA was met with a general shrug by the online poker operators still accepting U.S. American players, President Obama has put a halt to all pending W regulations.
Says Reuters:
President Barack Obama's new administration ordered all federal agencies and departments on Tuesday to stop any pending regulations until they can be reviewed by incoming staff, halting last-minute Bush orders in their tracks.
"This afternoon, White House Chief of Staff Rahm Emanuel signed a memorandum sent to all agencies and departments to stop all pending regulations until a legal and policy review can be conducted by the Obama administration," the White House said in a statement issued just hours after Obama took office.
The review is a tool commonly used by a new administration to delay so-called "midnight regulations" put in place by a former president between the election and Inauguration Day.
Read in full here.
This doesn't apply to the UIGEA because its rules have already officially made it through days before Obama took office.
Posted by: allegheny | January 22, 2009 at 08:26 PM