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
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Free the Economy podcast: The culture of free enterprise with Larry Reed
In this week’s episode we cover social mobility around the world, new inflation numbers, and the rise of robotaxis. Our…
Blog
The week in regulations: Deepwater port licenses and nuclear credit ratings
Voters made known their feelings about tariffs, gas prices, and corruption. The FAA announced that it still uses floppy disks for air traffic control…
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Free the Economy podcast: Consumer protection and free speech with Casey Mattox
In this week’s episode we cover the debt load of state and local governments, advances in nuclear waste storage, and hope…
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PRWeb
Take Off the Veneer of Certainty On Climate Change Science Says Friends of Science Society
PRWeb cited Rupert Darwall on the need for reanalyzing climate ideology based on scientific uncertainty and the politicization of scientific evidence surrounding the climate debate.
Newsmax
Mulvaney Must End CFPB’s Big Brother Role
Just after Thanksgiving, when the drama of the dueling directors began at the Consumer Financial Protection Bureau (CFPB), I told The Washington Examiner that the new…
FEE
Blockchain Technology Requires Permissionless Innovation to Flourish
Blockchain has been hitting the headlines recently. Once regarded as a niche interest for technologically experienced libertarians and other computer nerds, cryptocurrencies like Bitcoin are…
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…
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