The department announced Thursday on its website that it was withdrawing the proposals as part of Trump’s effort to reduce regulatory burden on U.S. businesses. As airline charges for such items as checking bags or getting seat assignments have grown, transportation regulators had sought to make the process of comparing prices more transparent. One pending regulation would have required airlines and ticket agents to disclose to consumers all fees during the process of buying a ticket, and the other would have collected more detailed revenue information from large carriers. The department said it was withdrawing them after input from industry and the public. Get the full story at Bloomberg