InvestorsHub Logo
Followers 5
Posts 634
Boards Moderated 0
Alias Born 02/13/2004

Re: Dreamchaser post# 71127

Wednesday, 10/03/2012 8:15:53 AM

Wednesday, October 03, 2012 8:15:53 AM

Post# of 113927
The Food and Drug Administration says it cannot afford to implement a new food-safety law. Reuters reports the agency is struggling to comply with the Food Safety Modernization Act. Congress passed it two years ago. Now Commissioner Margaret Hamburg said the FDA will issue new regulations "very soon." The law directs the agency to establish science-based safety standards for fruits and vegetables and imported food, among other things. Hamburg said it was a "broadly expansive" mandate. Speaking at a Washington conference, she called on industry to help finance the law. (Reuters)