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OpenMarket: Regulatory Reform

  • This Week in Ridiculous Regulations

    March 2, 2020
    The coronavirus outbreak began to infect financial markets as well as people, with stock markets having their worst week since at least 2008. The number of new regulations in 2020 also reached 500 on Friday. Meanwhile, agencies issued new final regulations ranging from portable bed rails to Canada goose permits.
  • This Week in Ridiculous Regulations

    February 24, 2020
    During the four-day week, Lawrence Tesler passed away. The underappreciated inventor created the cut, copy, and paste functions on computers. The Hair Club for Men also lost a client. Meanwhile, agencies issued new final regulations ranging from “biological products” to land erosion taxes.
  • This Week in Ridiculous Regulations

    February 18, 2020
    Spring Training began for all 30 Major League Baseball teams, bringing joy across the nation. Meanwhile, agencies issued new final regulations ranging from grains ounce equivalence to inactive fishing boats.
  • A Partial Inventory of Federal Agency Guidance Documents Before Trump’s Official Compendium Comes Due

    February 14, 2020
    Reporting on "regulatory dark matter" is still falling short.
  • This Week in Ridiculous Regulations

    February 10, 2020
    The impeachment trial ended the way everyone expected, the State of the Union address happened, and the coronavirus outbreak intensified. Agencies issued new final regulations ranging from Green Bay bridges to cotton grower trust funds.
  • This Week in Ridiculous Regulations

    February 3, 2020
    The impeachment trial continued, Brexit happened, President Trump signed the USMCA trade agreement, and the 2020 Federal Register topped 5,000 pages. Agencies issued new final regulations ranging from rice inspection fees to a Hurricane in Alabama.
  • This Week in Ridiculous Regulations

    January 27, 2020
    The Federal Register had a four-day week due to Martin Luther King Day, but agencies still found time to issue new final regulations ranging from researching beef to propane tank arrangements.
  • 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.

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