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 week in regulations: Cyber sanctions and tinnitus relief devices
Inflation is now more than double the Federal Reserve’s target. The Iran war heated up again. Agencies issued new regulations ranging from vending stands to…
Blog
Free the Economy podcast: Taxing the rich with Jared Walczak
In this week’s episode we cover America’s low-income churn, reforms to civil asset forfeiture, changes to vehicle emissions testing, a shout…
Blog
The week in regulations: Bone void filler and halibut action
May’s job numbers were strong for the third month in a row, though job growth since Liberation Day remains under 100,000, for a labor force…
Search Posts
Forbes
Trump Administration Releases Updated Regulatory Cost-Benefit Report
Benefits of federal regulation are supposed to exceed costs. How much review of federal regulation happens to assure that’s the case? The annual (sort of) Report…
Investor's Business Daily
Trump’s Deregulation Binge Is Lightening The Economy’s Load
Investor’s Business Daily cited Clyde Wayne Crews on the extent of the impact which the Trump adminstration’s deregulatory stance is having on the nation’s economy. …
The Hill
Conservatives Packed 2017 With Victories — Push 2018 Even Further
The Hill cited Wayne Crews on the financial impact of overregulation by the Obama administration upon the United States economy. With a wild…
CNBC
Trump Disappoints Fossil Fuel Proponents and Corn Belt Base as EPA Leaves Biofuels Program Mostly Unchanged
Marlo Lewis was cited by CNBC for the negative impact which not scaling back on the renewable fuel program will have on taxpayers and those…
Bloomberg Law
House Bid to Ax Payday Rule Kicks Off With Bipartisan Support
Bloomberg Law cited Daniel Press on the leadership expressed by House lawmakers for blocking a law that would impede upon the loan-granting process that would…
Newsmax
Year Two: 10 Things Trump Must Do to Finish Draining the Swamp
President Trump has not drained the swamp yet – but at least it is getting smaller.
Staff & Scholars
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist and Director of Publications
- 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