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The European Commission has greenlighted 21st Century Fox's acquisition of Sky TV, a huge win for owner Rupert Murdoch, who's battling a major national controversy regarding Fox News anchor Bill O'Reilly.

In a statement, the EU said the transaction "would raise no competition concerns in Europe," which is something regulators were weighing heavily given the fact that Murdoch already owns 39% of Sky TV and two of the UK's biggest newspapers, The Times and The Sun.

The O'Reilly factor: Regulators have approved the acquisition despite the ongoing Bill O'Reilly scandal stateside, which suggests there could be less pressure on Murodoch to take action against O'Reilly now that he's cleared his biggest business hurdle.

Why it matters: While regulators were mostly weighing the monopoly factor in the acquisition, they also considered Murdoch's ownership style while determining whether he and his son James Murdoch (chief executive of Fox and Chairman of Sky) could handle another major acquisition responsibly.

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USPS pushes election officials to pay more for mail ballots

Protesters gather in Kalorama Park in D.C. today before demonstrating outside the condo of Postmaster General Louis DeJoy. Photo: Cheriss May/Reuters

The Postal Service has urged state election officials to pay first class for mail ballots, which Senate Democratic Leader Chuck Schumer says could nearly triple the cost.

Why it matters: Senate Democrats claim that "it has been the practice of USPS to treat all election mail as First Class mail regardless of the paid class of service."