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OpenMarket: July 2017

  • Does the Car of the Future Require a "Talking Car" Mandate?

    July 24, 2017

    The Competitive Enterprise Institute is hosting an event later today where a proposal to require all new cars in the United States come outfitted with vehicle-to-vehicle communications (V2V) technology that relies on a protocol called dedicated short-range communications (DSRC) will be discussed. The rule was proposed in mid-January 2017. In response, CEI urged Secretary of Transportation Elaine Chao to temporarily suspend the V2V rulemaking and later submitted...

  • Resolution of Disapproval of CFPB's Arbitration Rule Is Long Overdue

    July 24, 2017

    This week, the House of Representatives is scheduled to consider a joint resolution of disapproval (H.J. Res. 111) of a controversial new regulation issued by the Consumer Financial Protection Bureau (CFPB). The arbitration rule, which would ban the use of mandatory arbitration clauses in consumer financial contracts, should be stopped through this use of the Congressional Review Act (CRA). As CEI experts have argued, the arbitration rule is a harmful obstruction of justice that serves the interests of trial lawyers at the expense of consumers.

    “This regressive attack on freedom of contract...

  • Legislation Introduced in Congress to Ease Regulations on Small and Medum-Sized Banks

    July 21, 2017

    While recent news cycles dominating Washington have focused on Russia, health care, and now tax reform, some little-noticed progress is being made in deregulating the financial services sector. 

    Earlier this week, Rep. Blaine Luetkemeyer (R-Mo.), chairman of the House Financial Services subcommittee, introduced legislation to lift some of the heavy burdens off of smaller banks as part of a “buffet” of regulatory relief bills in Congress this session. The bill, cosponsored by five Democrats and four Republicans, seeks to roll back stipulations from the 2010 Dodd-Frank Act, which subjects banks with $50 billion or more in assets to more stringent...

  • OMB Director Mick Mulvaney Discusses the Trump Administration's Regulatory Reform Efforts

    July 21, 2017

    The following is an excerpt from remarks delivered by Office of Management and Budget Director Mick Mulvaney on The Path Forward of Regulatory Reform held at CEI on Monday June 26, 2017. View his full remarks here or in the video below.

    For those of you who know what [the Office of Management and Budget] OMB does, congratulations. You’re one of the few. … I was talking to one of my predecessors. He said the cool thing about OMB is that nobody outside the Beltway has ever heard of it, and very few people inside the Beltway knows what it actually does. And we like it like...

  • Bills Allow States to Protect Workers from Identity Theft and Stalking

    July 21, 2017

    Protecting workers from identity theft and stalking should be a bipartisan issue. While Republicans and Democrats can hardly agree on whether the sky is blue, both political parties should agree everyone should have the right to work without fear for his or her privacy or safety. At the very least, there should be consequences if someone jeopardizes their privacy or security.

    To that end, Reps. Drew Ferguson and Buddy Carter (both Georgia Republicans) have introduced the Freedom from Union Identity Theft and Freedom from Union Stalking Act. These bills ensure that federal labor law does not preempt common sense state protections against identity theft and stalking.

    Here is a real world example why these bills are necessary. In 2008, the Communications Workers of America (CWA) Local 3602...

  • Trump's Regulations at Six Months: The Least-Regulatory President since Reagan

    July 20, 2017

    No one is surprised that the Trump administration would issue considerably fewer regulations than the Obama administration.

    Today we got not only “Donald J. Trump’s Six Months of America First” media statement, covering energy, the Supreme Court appointment of Neil Gorsuch, government accountability, trade, regulations and the like. We also got the obscure “Unified Agenda of Federal Regulatory and Deregulatory Actions,” which lists agency priorities. It’s been published twice a year since the Reagan administration. It just happens that the Agenda and the six-month mark happened on the same day.

    Early in his administration, Trump prominently declared that 70 percent of regulations “can go,”...

  • How May a Global Temperature Rise Affect You?

    July 20, 2017

    Reports of rising global temperatures are frequently in the news. The Earth is warmer than it was a century ago, and the Intergovernmental Panel on Climate Change (IPCC) predicts a global average temperature increase of 2-4℃ by the end of the century (IPCC Assessment Report 5 Summary, pg.11). While the “global average temperature” is a good metric for the big picture of Earth’s climate, it says nothing about how the average American may be affected.

    Sea level rise, water shortages, heat related deaths and violent storms have all been promised as a result of emissions, but such events have occurred throughout history. The impacts depend on socio-economic as well as climatic factors, and personal memories do not go back far enough (hundreds to thousands of years) to establish reliable...

  • EPA Should Stand Firm on Chlorpyrifos Decision

    July 19, 2017

    EPA Administrator Scott Pruitt took the right stand in favor of sound science last March when he denied an activist petition to ban the pesticide chlorpyrifos. At the time, he explained:

    By reversing the previous Administration’s steps to ban one of the most widely used pesticides in the world, we are returning to using sound science in decision-making—rather than predetermined results.

    But this battle isn’t over; the activists are continuing their irrational anti-pesticide crusade.

    Most recently, the Pesticide Action Network of North America (PANNA) and Natural Resources Defense Council (NRDC), who filed the original petition in 2007,...

  • Jeff Clark Will Make an Excellent Assistant Attorney General

    July 19, 2017

    The Senate Judiciary Committee is scheduled to vote this Thursday on the nomination of Kirkland & Ellis attorney Jeffrey Bossert Clark to be Assistant Attorney General (AAG) for the Justice Department’s Environment and Natural Resources Division (ENRD). This is a key post. The AAG leads the team of lawyers representing the U.S. government in environmental and natural resource cases.

    Clark is eminently qualified for the job. As the White House explained on the day President Trump announced the nomination:

    ...
  • Reform State Vehicle Codes to Enable Automated Vehicle Platooning

    July 19, 2017

    Today, CEI released my report, Authorizing Automated Vehicle Platooning: A Guide for State Legislators, 2017 Edition. This is an update of the 2016 edition. Platooning refers to a specific application of vehicle automation technology that allows vehicles to travel safely in close formation on the highways. A video below provides a fun overview of what this is:

    In the future, automated platooning will allow roadway capacity enhancements without costly physical roadway expansions. Right now, interest in an early application has come from...

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