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Boris Johnson is facing growing pressure to allow fully vaccinated people who have been identified as close contacts of coronavirus cases to be exempt from isolation.

London Mayor Sadiq Khan has joined business leaders in calling for more workers to be allowed to skip quarantine if they are alerted by the NHS COVID-19 app to prevent a staffing crisis during the so-called “pingdemic”.

In a letter to the prime minister, the mayor and industry bodies including UKHospitality, the London Chamber of Commerce and Industry and London’s branch of the Federation of Small Businesses, said there is “an urgent need to outline a more considered approach” on the rules regarding self-isolation.

Mayor of London Sadiq Khan travels to City Hall by Tube
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Mayor of London Sadiq Khan has urged the PM to outline ‘a more considered approach’ to self-isolation

They warned that the app is exacerbating staff shortages for pubs, bars and restaurants.

The government has announced that a phased approach to testing will soon see some “critical workers” being exempt from quarantine as long as they use daily lateral flow tests and the results are negative.

But the mayor and business leaders said daily PCR tests should be used instead.

“The summer months are crucial for many businesses’ recovery and their ability to recover must not be put in jeopardy,” they noted.

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“We are therefore calling on you to ensure that the necessary testing is in place to enable people who have been double vaccinated for longer than two weeks and pinged by the NHS COVID app, to immediately return to work, following a negative PCR test, rather than having to self-isolate.”

The PM is also facing calls from senior members of his own backbenches for a change to the system.

Conservative MP and chairman of the health and social care select committee Jeremy Hunt warned the government that it faces “losing social consent” for the self-isolation scheme if nothing is done.

Boris Johnson
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Boris Johnson is isolating in Chequers after being alerted as a close contact of Sajid Javid who tested positive for the virus

And fellow Conservative Greg Clark, a former business secretary who now chairs the Commons science and technology committee, suggested that an exemption from self-isolation for all those fully-vaccinated should be brought in immediately.

It comes as pub and restaurant bosses warned of a “summer of venue closures” unless hospitality workers are exempt from quarantine rules as cases continue to increase.

More than 600,000 people were alerted by the app in the week to 14 July.

And the latest information from the Office for National Statistics showed around one in 75 people in England currently have the virus.

Business Secretary Kwasi Kwarteng admitted the government is “very concerned” about the numbers of people being pinged by the NHS app.

From 16 August, all of those double vaccinated will be exempt from self-isolation if identified as a close contact, the government has said.

Jeremy Hunt has called for action on the standard of masks worn in shops and on public transport. Pic: UK Parliament/Jessica Taylor
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Jeremy Hunt says the government faces ‘losing social consent’ over the isolation system if it fails to act

Environment Secretary George Eustice told Sky News this date “at the moment is not coming forward”.

The PM himself is currently isolating at Chequers, having been identified as a close contact of newly-appointed Health Secretary Sajid Javid who tested positive for coronavirus.

Chancellor Rishi Sunak was identified as another of Mr Javid’s contacts – and Labour leader Sir Keir Starmer was also forced into isolation on Wednesday after one of his children tested positive for the virus.

On Thursday evening, the government published a list of 16 sectors where double-jabbed workers will be eligible to avoid isolation if they undergo daily lateral flow testing and their results are negative.

These included energy, civil nuclear, digital infrastructure, food production and supply, waste, water, veterinary medicines, essential chemicals, essential transport, medicines, medical devices, clinical consumable supplies, emergency services, border control, essential defence outputs, and local government.

Around 10,000 workers in the food sector are also expected to be included in the scheme.

And on Friday, the Department for Environment, Food and Rural Affairs expanded on this further, outlining the positions the exemptions would apply to “subject to all other mitigation options being exhausted”.

Food workers have been off work after being 'pinged'
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Around 10,000 food sector workers are among those who could be exempt from isolation

The roles include manufacturing maintenance engineers, specialist reach truck drivers, official vets, environmental health officers, landfill operators, water engineers, laboratory staff essential to the batch release of medicines, and environment agency staff operating critical flood defence assets.

Those who work in the roles above will be able to leave their COVID-19 isolation to travel to work and do their jobs after a negative daily test but must remain at home otherwise and go straight into quarantine if they receive a positive result.

It will only apply to workers who are fully vaccinated – and 14 days after their second coronavirus jab.

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FDIC acting chair says framework for stablecoin laws coming this month

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FDIC acting chair says framework for stablecoin laws coming this month

The US Federal Deposit Insurance Corporation will propose a framework for implementing US stablecoin laws later this month, according to its acting chair, Travis Hill.

“The FDIC has begun work to promulgate rules to implement the GENIUS Act; we expect to issue a proposed rule to establish our application framework later this month,” Hill said in prepared testimony to be delivered on Tuesday to the House Financial Services Committee.

He added the agency will also have a “proposed rule to implement the GENIUS Act’s prudential requirements for FDIC-supervised payment stablecoin issuers early next year.”

President Donald Trump signed the GENIUS Act in July, which created oversight and licensing regimes for multiple regulators, with the FDIC to police the stablecoin-issuing subsidiaries of the institutions it oversees.

The FDIC insures deposits in thousands of banks in the event that they fail, and under the GENIUS Act, it will also be tasked with making “capital requirements, liquidity standards, and reserve asset diversification standards” for stablecoin issuers, said Hill.

Travis Hill appearing before the Senate Banking Committee for his nomination hearing to be FDIC chair. Source: Senate Banking Committee

Federal agencies, such as the FDIC, publish their proposed rules for public feedback, and they then review and respond to the input, if necessary, before publishing a final version of the rules, a process that can take several months.

Related: Republicans urge action on market structure bill over debanking claims

The Treasury, which will also regulate some stablecoin issuers, including non-banks, began its implementation of the GENIUS Act in August and finished a second period of public comment on its implementation proposal last month.

FDIC is working on tokenized deposit guidelines

Hill said in his remarks that the FDIC has also considered recommendations published in July by the President’s Working Group on Digital Asset Markets.

“The report recommends clarifying or expanding permissible activities in which banks may engage, including the tokenization of assets and liabilities,” Hill said.

“We are also currently developing guidance to provide additional clarity with respect to the regulatory status of tokenized deposits,” he added.

Fed helping regulators with stablecoin rules

The Federal Reserve’s vice supervision chair, Michelle Bowman, will also testify on Tuesday that the central bank is “currently working with the other banking regulators to develop capital, liquidity, and diversification regulations for stablecoin issuers as required by the GENIUS Act.”