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
Free the Economy podcast: The Grim Old Days with Chelsea Follett
In this week’s episode we cover global energy security, a new lawsuit against Section 338 tariffs, and fresh talent in…
News Release
CEI challenges Wisconsin’s treatment of election prediction-market contracts
The Competitive Enterprise Institute has filed a federal lawsuit on behalf of Wisconsin voter and Green Bay radio host Joseph Giganti, Sr., challenging the…
Blog
The week in regulations: Salt substitutes and spiny lobster management
The new White House Press Secretary lasted five days before resigning. Sen. Elizabeth Warren is upset that one company makes two brands of hot…
Search Posts
Politico
Cordray out
Politico cited the video released by the Competitive Enterprise Institute criticizing the CFPB. Sheila Bair wants a commission: Sheila Bair on CNBC: “I…
Blog
CEI Reacts to Trump’s FY19 Budget Proposals for CFPB, EPA, and Regulatory Reform
CEI experts react to provisions in President Trump’s fiscal year 2019 budget proposal released on February 12, 2018.
St. Louis Post-Dispatch
Under the radar, Trump, Republicans are in frontal assault of Obama-era regulations
The St. Louis Post-Dispatch cited Wayne Crews as well as the Competitive Enterprise Institute on the effects of President Trump’s reforms and how mcuh overregulation…
Newsmax
Dear President Trump, Please Fire CFPB’s Cordray — Now
On Oct. 30, 2017 Consumer Financial Protection Bureau (CFPB) Director Richard Cordray released a letter to President Donald Trump in which Cordray urged the…
The New York Times
Net Neutrality Hits a Nerve, Eliciting Intense Reactions
The New York Times cited the Competitive Enterprise Institute in its support of internet regulation reforms that seek to create a more regulation-free environment. …
New York Post
Banks Remain Quiet On Mulvaney CFPB Appointment
The New York post quoted Iain Murray about the conditions of a legal standoff surrounding the CFPB. While Washington was buzzing on Monday…
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