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In Brief

[naviga:h3]Dollar General opens new location[/naviga:h3]

PORTERSVILLE — Dollar General opened its new Portersville location at 1542 Perry Highway this week.

The company will celebrate the store’s official grand opening at 8 a.m. Saturday with free prizes and special deals.

Additionally, the first 50 adult shoppers at the store will receive a $10 Dollar General gift card and the first 200 shoppers will receive a Dollar General tote bag with complimentary product samples, among other giveaways.

[naviga:h3]Treasury opposes arbitration rules for suing banks[/naviga:h3]

NEW YORK — The Trump administration has come out against a set of new regulations that would allow consumers to band together to sue their bank or credit card company.

A Treasury Department report released Monday takes aim at the Consumer Financial Protection Bureau’s so-called forced arbitration rules, which the agency finalized this summer. In the report, the department questions whether the rules are in consumers’ interests and says the agency failed to consider alternatives.

The report comes as Congressional Republicans are trying to rally support to pass a bill to override the CFPB’s new regulations. But the November deadline for passing an override under what’s known as the Congressional Review Act is approaching. The House has passed the bill but the Senate’s version has stalled.

“Based on (the CFPB’s) own data, it is far more likely that the rule will generate massive economic costs — borne by businesses and consumers alike — that dwarf the speculative benefits,” the Treasury report says.

[naviga:h3]Ex-energy regulators denounce Trump bid to boost coal[/naviga:h3]

WASHINGTON — Eight former federal energy panel members — including five former chairs — oppose a Trump administration plan to bolster nuclear and coal-fired power plants.

The former officials, who served under presidents from both parties, call the plan “a significant step backward” and say it would raise prices and disrupt electricity markets.

The plan by Energy Secretary Rick Perry would reward nuclear and coal-fired power plants for adding reliability to the nation’s power grid. Perry says the plan is needed to help prevent widespread outages such as those caused by Hurricanes Harvey, Irma and Maria.

A letter signed by eight former energy commission members said “subsidizing resources” such as coal and nuclear plants “so they do not retire would fundamentally distort markets ... and inevitably raise prices to customers.”

The letter was signed by officials who served under every president since Ronald Reagan, including former FERC chairs Elizabeth Moler, James Hoecker, Pat Wood III, Joseph Kelliher and Jon Wellinghoff. Moler, Hoecker and Wellinghoff are Democrats, while Wood and Kelliher are Republicans.

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