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: Competition and innovation with Jack Nicastro
In this week’s episode we cover the case of Suncor v. Boulder County at the Supreme Court, the problems with the Los…
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The week in regulations: Drug prices and inedible almonds
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Official Time: Officially Outrageous
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CEI’s Battered Business Bureau: The Week In Regulation
88 new regulations, from phone bill formatting to food labels.
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Good Riddance! — SEC’s Schapiro Sabotaged Startup Law Supported By Obama
When President Obama appointed Mary Schapiro to head the Securities and Exchange Commission four years ago, I kept an open mind and was even cautiously optimistic.
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CEI’s Battered Business Bureau: The Week In Regulation
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Forbes
Regulatory Uncertainty Drives A Fish Farmer To Foreign Waters
Feeding 7 billion people is no small challenge. As it has from time immemorial, high quality protein harvested from the sea plays a major role…
Staff & Scholars
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
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Ryan Young
Senior Economist and Director of Publications
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Fred L. Smith, Jr.
Founder; Chairman Emeritus
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Sam Kazman
Counsel Emeritus
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Marlo Lewis, Jr.
Senior Fellow
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