There are apparently still people in Congress that want to regulate blogs. This brief article says that blogs that spend more than $5000 a year on their operations could be regulated by the Federal Election Commission if they write about politics.
It is hard to understand the purpose of this kind of regulation. Most politically-oriented blogs, even many popular ones, are written as a sideline. Is there really a need to create a new Federal Bureau of Blogs to monitor a Web sites? The only thing this will accomplish is to spend more of our tax dollars on an entirely new set of Federal bureaucrats.