Industry groups fear new Biden regulatory changes could hobble growth

Washington Examiner cites CEI’s Clyde Wayne Crews economic growth hindrance:

Even under the current $100 million threshold, the Biden administration has released a torrent of “economically significant” rules, according to an analysis by the Competitive Enterprise Institute.

The administration has nearly 300 of such regulations in the pipeline and has averaged 97 “economically significant” regulations per year, compared to 69 per year under former President Barack Obama and 49 under former President George W. Bush.

“By raising that threshold as Biden has done, even fewer rules are going to come under the scrutiny that they ought to come under,” Wayne Crews, vice president for policy at the Competitive Enterprise Institute, told the Washington Examiner.

Read the full article on the Washington Examiner.