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The water plant in Flint, Michigan. Photo: Brett Carlsen/Getty Images

The EPA plans on issuing a proposal that would change how communities test their drinking water for lead and force quicker action when water is contaminated, the Washington Post reports.

Why it matters: This proposal is the first update to the EPA's lead and copper rule in nearly three decades and would — theoretically — prevent another situation like the one that took place in Flint, Michigan, from arising.

Between the lines, via Axios' Amy Harder: This is one of the few areas where the EPA is seeking to add, instead of repeal, regulations. The agency has largely focused on rolling back rules on climate change, but this is more focused on traditional environmental protection, a core part of EPA's mission.

Yes, but: "[W]hile Thursday’s sprawling proposal seeks significant changes to the status quo, some environmental advocates said the agency’s overhaul does not appear to take the most important step: requiring the steady removal of the estimated 6 million or more lead service lines that remain underground throughout the nation," per the Post.

Go deeper

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 3 hours ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.

Meadows cooperating with House Jan. 6 select committee

Mark Meadows. Photo: Yuri Gripas/Bloomberg via Getty Images

Former White House Chief of Staff Mark Meadows is cooperating with the House select committee in charge of investigating the Jan. 6 Capitol insurrection, the panel said Tuesday.

Driving the news: Meadows, who failed to appear before the panel earlier this month, is believed to have insight into former President Trump's role in efforts to stop the certification of President Biden's election win.