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OpenMarket: Regulatory Reform

  • This Week in Ridiculous Regulations

    January 21, 2020
    In a busy week, President Trump signed Phase One of a trade agreement with China on Wednesday. On Thursday, the Senate ratified the USMCA trade agreement and began President Trump’s impeachment trial on the same day. New final regulations for the week range from wheeled stretchers to electronic detonators.
  • Despite Naysayers, Consumer Finance Panelists are Uniquely Qualified to Tackle Barriers to Financial Inclusion

    January 14, 2020
    Last week, the Consumer Financial Protection announced the membership of the newly created Taskforce on Federal Consumer Financial Law, which will work to “harmonize and modernize federal consumer financial laws” and report to the CFPB director with its recommendations on how to improve and strengthen the legal and regulatory regime around consumer finance.
  • This Week in Ridiculous Regulations

    January 13, 2020
    The new year started off with a literal bang, though as of this writing the worst Iran scenario seems to have been avoided. The Senate is poised to move on its two biggest items, impeachment and the USMCA trade agreement, though the timelines for both are uncertain. On the regulatory front, the 2020 Federal Register took just five working days to exceed 1,000 pages. New final regulations for the week range from air compressors to beef promotion.
  • This Week in Ridiculous Regulations

    January 6, 2020
    Happy New Year, everyone. We’re doing a slightly different format this week, on account of the new year starting mid-week. With just two days’ worth of data so far, year-to-date totals and annual projections for 2020 are not yet very informative.
  • How Much Federal Regulation Was There in 2019?

    December 31, 2019
    Happy New Year, everyone. Now that 2019 is in the books, we have some data on how much new regulation hit the books. Note that these numbers are preliminary and might change. The source for most of the numbers is Federal Register.gov. The page numbers counts are taken from the Federal Register’s daily digest email. Wayne Crews’ Ten Thousand Commandments also has abundant data.
  • This Week in Ridiculous Regulations

    December 30, 2019

    Federal workers got a three-day week as a Christmas present this year. Agencies still put out 323 notices, 50 proposed regulations, and 1,342 Federal Register pages. Just two more Federal Register editions remain in 2019. New final regulations for the week range from guaranteed housing loans to mercury management fees.

    On to the data:

  • This Week in Ridiculous Regulations

    December 23, 2019
    Congress finished the year with a bang. In a two day span the House impeached the president and passed the USMCA trade agreement. Both chambers passed a massive spending bill to fund the government through next September. The 2019 Federal Register also surpassed 70,000 pages. Meanwhile, agencies published new regulations ranging from bunker fuel to irradiated drugs.
  • Sugarplums or Lumps of Coal? White House's 192 Big Rules in Pipeline Herald More Regulation than Deregulation

    December 18, 2019
    No matter the presidential administration, every year there are thousands of federal rules and regulations compared to a relative handful of laws passed by Congress. We got a reprieve from Washington’s big government ways in 2017 from Trump administration moves like the executive order requiring that agencies ditch at least two rules for every one they add.
  • What Regulations Did Trump Administration Add in 2019?

    December 16, 2019
    The Trump administration recently issued “Regulatory Reform Results for Fiscal Year 2019.” This is its fiscal year 2019 status update on the one-in, two-out directive initiated in Executive Order 13771, titled “Reducing Regulation and Controlling Regulatory Costs.”
  • This Week in Ridiculous Regulations

    December 16, 2019
    Britain held a major election, and the U.S. House of Representatives is set to impeach President Trump. At the same time, Trump is poised for a victory on the USMCA trade agreement, which CEI came out against. Meanwhile, agencies published new regulations ranging from aerosol cans to Philly fireworks.

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