There are two main areas in which Congress can enact meaningful reform. The first is to rein in regulatory guidance documents, which we refer to as “regulatory dark matter,” whereby agencies regulate through Federal Register notices, guidance documents, and other means outside standard rulemaking procedure. The second is to enact a series of reforms to increase agency transparency and accountability of all regulation and guidance. These include annual regulatory report cards for rulemaking agencies and regulatory cost estimates from the Office of Management and Budget for more than just a small subset of rules.
In 2019, President Trump signed two executive orders aimed at stopping the practice of agencies using guidance documents to effectively implement policy without going through the legally required notice and comment process.
Featured Posts

Blog
The Dreck Equation: Charting the regulatory cosmos
Most people think of federal regulation as the 3,000 or so rules published each year in the Federal Register and archived in the Code of…

Blog
The week in regulations: Deep seabed mining and recreational gulf gag
A massive flood in Texas killed at least 120 people. President Trump announced new 50 percent copper tariffs which will take effect on August 1.

Blog
The logbook of federal red tape last year came to…
The Federal Register for 2024 closed out Joe Biden’s final year in office with a record 106,109 pages. This count swamps the previous record of…
Search Posts
Letters
Letter to Senators Dodd and Shelby, and Congressmen Frank and Bachus regarding National Regulatory Modernization
Full Document Available in PDF This letter written to Senators Dodd and Shelby, and…
Blog
Baptist-Bootlegger Alliance on Tobacco
In today’s Washington Examiner, Tim Carney has an excellent column on how the bill to place tobacco under FDA regulation would reduce competition in…
Op-Eds
Government’s Mistakes Have Deepened This Recession
Steven Gjerstad and Vernon Smith suggest one unexplored aspect of our financial crisis: the role of egalitarian policies. To see this, note…
Blog
Rise of the Luddites
When it comes to things such as environmental policy, the Progressives have been rather successful at promoting their world view. They realized that it would…
Blog
A Bounty on Your 401(K)
The Obama Administration’s mortgage bailout for irresponsible borrowers (including wealthy borrowers with modest mortgage payments) provides a bounty for reckless sub-prime mortgage lenders…
Blog
That G20 Communique
Yesterday’s communiqué from the leaders of the G20 – a motley collection of democracies and dictatorships – has some good points, but in general…
Newsletter
G20 Stimulus, A Plan for Carbon Dioxide and Mark-to-Market Reforms
World leaders pledge to spend an additional $1 trillion to stimulate the global economy. Global warming activists call for policies to lower the concentration of…
Citation
The Five Dumbest Product Bans, 2009
Citation
Lawmakers told to overhaul property insurance: A coalition pushes for reform to help prevent economic disaster.
Citation
Legislature aims to overhaul property insurance system
Blog
The mark-to-market relief rally
The events leading to the Dow’s climbing over 8000 today can be properly called the Mark-to-Market Relief Rally. More than any expected action of the…
Blog
Markets Rally on Hopes of Regulatory Relief
The stock market has gone up by 280 points so far today, fueled by FASB’s vote to relax rigid mark-to-market accounting rules,…
News Release
Statement on the Progress of the London G20 Summit
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News Release
Statement on the Expected Vote to Relax Mark-to-Market, or “Fair Value,” Accounting Mandates
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Blog
Obama Follows in Hoover’s Footsteps
During the Great Depression, Herbert Hoover damaged the economy, and impoverished the American people, with costly, artificial attempts to stimulate the economy through…
Blog
Virginia Postrel on Her Own Brush with Cost-Effective Drug Research
One letter writer argues that Herceptin was a poor example because "Multiple cost-effectiveness analyses have shown that, despite its high cost, Herceptin is both effective…
Citation
The five dumbest product bans, 2009 Source: Competitive Enterprise
Blog
Verizon, AT&T See the Regulation Writing On The Wall
AT&T and Verizon are indicating that there is a chance that they will not seek funds from the broadband stimulus portion…
Blog
Capitalist-David rally versus Goliath-protests for Socialism
During the G20 summit something like 40,000 plus protesters slated to descend upon London. Of that number, there is a small but growing and…
Op-Eds
Americorps Plan Will Waste Money on Ideological Causes
Despite exploding deficits, President Obama and congressional leaders are backing a $5.7 billion “national service” boondoggle. Obama’s proposed budgets, which break…
Blog
Organic Pesticides Fail EU Safety Review
Ask people who buy organic food what they like about it, and chances are, most will say "they're grown without pesticides." That's not actually true.
Blog
With or Without You
The Obama administration's ouster of GM CEO Rick Wagoner won't solve the auto giant's problems. It does, however, show the power that government now wields…
Blog
Feds Make Freddie Mac Even Worse, Ripping Off Taxpayers
After federal regulators took over failing mortgage giant Freddie Mac, they didn’t stop its risky lending practices. Instead, they ramped up its risk-taking, making it…
Blog
Utah Gov. Vetoes Bad Gaming Bill, Self-Regulation Triumphs
Last night, the first amendment, self-regulation, consumers, parents, entrepreneurs, gamers, and business won a huge victory in Utah. In early March, I posted about the…
Blog
Obama’s Policies Are “A Road to Hell,” European Leader Says
“The president of the European Union on Wednesday slammed U.S. plans to spend its way out of recession as ‘a road to hell.’…
Blog
Post-Modern Food Fetish
There’s very little that’s romantic about keeping a big backyard garden, and less still about the actual practice of producing meaningful amounts of food. But,…
Blog
$2 Trillion Tax from Obama: Hidden Costs of “Cap-and-Trade” Scheme
Obama’s proposed “cap-and-trade” carbon tax on energy use and utility bills is expected to raise up to $2 trillion, more than the $646 billion…
Blog
Toxic-Asset Buy-Up: “Pure Plunder”?
People who have actually read the fine print of the Administration’s trillion-dollar toxic asset buy-up program don’t like it. One calls it “pure plunder.”…
Blog
Toxic Asset Rip-Off
Obama is proposing that the Treasury provide loans up front and insurance against potential losses on the back end. It’s what Paul Krugman called "heads…
Blog
“Heads I win, Tails the Taxpayers Lose”: Toxic Asset Rip-Off
That’s how analysts describe the trillion-dollar toxic-asset buy-up program proposed this weekend by the Obama Administration: “the president is putting forth his idea to…
Blog
Fishing for Rationality in the Beauty Salon
Thinking of getting one of those cool new “fish pedicures”? Well, you’d better act fast. 14 states have already banned the process. But a member…
Newsletter
Obama’s Debt, Wall Street Bonuses and the Economy vs. the Environment
A new congressional report estimates that President Obama’s spending proposals will produce over $9 trillion in debt. Debate continues over the plan to tax some…
Citation
The Breaking up of Money-Pit Behemoths if Necessary
Blog
Postmodern Union-on-Union Fight
The Service Employees International Union (SEIU) is being denounced by a group of its own employees for doing, well, nothing wrong or illegal, but something…
News Release
Congress Considers New Mandates on Consumers, Appliances
Congress Considers New Mandates on Consumers, Appliances In Midst of Recession, Senate Seeks Costly New Product Restrictions Washington, D.C.,…
Newsletter
Turning Down Stimulus Dollars, Legal Malpractice and a “Socialist” President
A group of governors turn down federal stimulus funding for their states, citing the strings attached by Congress. The Supreme Court rules that drug maker…
Op-Eds
Take the pressure off
Even before counting President Obama’s ambitious “stimulus” agenda, spending by the U.S. government – the largest on planet Earth – is now…
Cafe Hayek
Regulatory Burdens
Blog
An Explosion of Litigation
Already burdened by $8 trillion in new federal spending commitments and the likelihood of higher taxes to pay for bailouts,…
Blog
Economists Give Obama Failing Grade; New Bailouts Demanded As Obama Breaks Promises
Obama gets a failing grade from economists. “U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to…
Blog
Your Interests Are My Interests
As newspapers around the country are closing, Google's interest-based ads may be just the shot in the arm the content industry needs.
Blog
Al Gore Wants .eco Web Domain…
Since Dot Eco TLD announced that they were seeking establishment as a top level domain (TLD) at ICANN’s (Internet Corporation for…
Blog
Utah: Rated R for Ridiculous
Utah is on the verge of using it’s ‘Truth in Advertising’ bill to pass regulated enforcement of video game ratings. The bill which was in…
Blog
Stimulus Subsidizes Corruption, Waste, Racism
The $800 billion stimulus package signed by Obama not only will make the economy shrink over the long-run, it will pay $88.6 million…
Newsletter
Cybersecurity Turf War, Strongarm Union Tactics and a Beer Battle in Colorado
President Obama’s chief of cybersecurity quits, citing overbearing control by the Department of Defense’s National Security Agency. Prominent Democrats come out against changes…
Punditry by the Pint
Beer Wars
Overlawyered
What have they done with the old Rose and Crown?
Blog
Schadenfreude “Two-Fer”
The New York Times reported this week that the Peanut Corporation of America plants in Texas and Georgia that were shipping salmonella contaminated peanut products…
Overlawyered
Speak out against ‘fishing expedition’
Sir, Kudos to former ambassador Faith Whittlesey for her valid points about the Obama administration exerting “raw Goliath power” and breaching a bilateral tax agreement…
Blog
Yes, “Botch” is the right word.
Alex is right. “This IS one of these questions about what to do in the real world, where first-best solutions just aren’t politically possible†(emphasis…
Staff & Scholars

Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation

Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform

Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
- Business and Government

Sam Kazman
Counsel Emeritus
- Antitrust
- Automobiles and Roads
- Banking and Finance

Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment