The Wall Street Journal cites Vice President for Policy Wayne Crews on Biden’s “Modernizing Regulatory Review” plan:
In the meantime, Wayne Crews at the Competitive Enterprise Institute warns:
The Biden “Modernizing Regulatory Review” plan is about gutting the restraint of the past four years… There is no mention of costs and burdens of regulation… So, the aim is to put weight on the scales of whether or not to regulate such that the answer will always be in the affirmative, replacing market operation and civil society with government in the pursuit of a range of non-quantifiable goals, even without legislation from Congress. Agencies are being unleashed to issue guidance, memoranda, notices, circulars, bulletins, letters, interpretations and so on; all the stuff I like to call “regulatory dark matter.”
…The “Modernizing Regulatory Review,” in a nutshell plainly translates into a new architecture for never-ending regulations as long as the left declares that benefits exceed costs.