The numerous opponents of the UIGEA, including the online casinos against whom it is aimed, can breathe a sigh of relief. Despite the Treasury Department following dubious White House orders and finalizing regulations to enact the law, the changes should not be in place for any significant time.
The Washington Post reported today that President-elect Obama's team is preparing a list of regulations and policies being put in place in the waning days of the Bush administration. Any regulations that are being imposed for "overtly political" reasons stand to be swiftly withdrawn.
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