*By Christian Smith*
Washington, D.C., delayed the final vote on a bill that would severely limit operations for home-sharing companies like Airbnb and VRBO in the nation's capital in a surprise move by the D.C. Council Tuesday afternoon.
Council Chairman Phil Mendelson (D) agreed to postpone the vote until Oct. 30 after other council members raised concerns over how the city would pay for the regulations, which would ban short-term rentals of secondary properties in D.C. and would put a 90-day cap on Washingtonians renting out rooms in their primary residences.
Concerns over funding for the regulations largely stem from a recent [report](http://app.cfo.dc.gov/services/fiscal_impact/pdf/spring09/FIS%2022-92%20Short-Term%20Rental%20Regulation%20and%20Affordable%20Housing%20Protection%20Act%20of%202018.pdf) by D.C. Chief Financial Officer Jeffrey DeWitt estimating the regulations would cost the D.C. government almost $100 million over a period of four years.
The delay comes just two weeks after the D.C. Council voted unanimously in favor of advancing the proposed regulation to the second and final vote in the law-making process. Across the board, timing has been an unusual factor in the push to regulate home sharing in D.C., said Andrew Giambrone, the D.C. editor at Curbed.
"The timing of this legislation is pretty interesting," Giambrone said Tuesday in an interview on Cheddar.
"The original bill was introduced back in January of 2017, and it sort of lagged for a year and a half ー didn't make it through committee or wasn't advanced."
If the regulations are approved, they will not go into effect until October of 2019.
This is the first major attempt to regulate home-sharing in the nation's capital since Airbnb launched in D.C. in 2009. The City Council has [estimated](http://chairmanmendelson.com/wp-content/uploads/2018/10/B22-92-Short-Term-Rentals-Regulation-Packet-1.pdf) that there are about 9,000 local short-term rental properties, which Giambrone said is perhaps part of the reason the city is only now confronting home-sharing issues.
"Clearly it is a growing part of the market here for housing in D.C," he said.
For full interview [click here](https://cheddar.com/videos/d-c-could-become-the-next-major-city-to-limit-airbnb).
Albania's Prime Minister Edi Rama says his new Cabinet will include an artificial intelligence “minister” in charge of fighting corruption. The AI, named Diella, will oversee public funding projects and combat corruption in public tenders. Diella was launched earlier this year as a virtual assistant on the government's public service platform. Corruption has been a persistent issue in Albania since 1990. Rama's Socialist Party won a fourth consecutive term in May. It aims to deliver EU membership for Albania in five years, but the opposition Democratic Party remains skeptical.
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday that the removal was illegal and reinstated her to the Fed’s board.
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Chief Justice John Roberts has let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
Load More