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
Blog
Regulation of the Day 188: Cat Licenses
San Diego's city government is going through tough financial times. But legislators have found a lucrative possible revenue source: the city’s 373,000 cats. The city…
Op-Eds
False Prophets of Debt-Ceiling Doom
If I didn’t know any better, I’d be on the lookout Tuesday for the Four Horsemen of the Apocalypse. With Aug. 2 just around the…
Blog
Government Promoted the Risky Non-Traditional Mortgages that Triggered the Financial Crisis
Ed Pinto, who was an executive at Fannie Mae long before it went into the toilet and nearly took the financial system down with it,…
Blog
Regulation of the Day 187: Pedicabs
The DC City Council wants to require pedicab passengers to wear seatbelts.
Blog
More Confusion on Breast Cancer Screening
When the federal government's Preventive Services Task Force recommended in November 2009 that most women under age 50 should stop having regular…
Citation
Inhofe Bill Would Shine Sunlight on Regulation Costs
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