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.
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Blog
Regulatory Reform in the 118th Congress: Separation of Powers Restoration Act
The separation of powers is a key aspect of American government. To decentralize power and ensure checks and balances, the Founders divided the federal government…
City Journal
Roll It Back
Medicaid, the federal-state entitlement for the poor, now provides health insurance to more than one in four Americans. Enrollments surged after the Affordable Care Act…
Blog
This Week in Ridiculous Regulations
An Executive Order from the Biden administration made some of the biggest system-level regulatory changes in years. It raises the threshold for “economically significant”…
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Newsletter
Consumer Credit, Social Security and Swine Flu
The House of Representatives votes to limit credit card fees and interest rates. President Obama endorses raising Social Security taxes. Vice President Biden advises Americans…
Blog
Fix Social Security; Unleash Capital
In RealClearMarkets.com, Fred Smith and I explain how the seemingly forgotten — but still important — goal of Social Security reform can help unleash capital,…
News Release
CEI Comment on Obama 100 Days
Obama Bombs on Spending, Energy in First100 Days, Hope for Progress on Regulations, Credit Crisis CEI Comments on Obama 100 Days and What’s Ahead…
Financial Times
Fed’s policies contradict each other
Sir, Henry Kaufman frets that “libertarian dogma led the Fed astray” (April 28). Congress, not free-market ideology, is the real culprit. One reason…
Blog
Well @#$%&, Supreme Court Upholds Ban on “Expleetive Deleetives.”
In FCC v. Fox today, the Supreme Court upheld regulation of “fleeting expletives” on broadcast television. What should be “fleeting” is the nearly century old…
Financial Times
Dodd to revise CARD proposal
Staff & Scholars
Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
- Deregulation
Ryan Young
Senior Economist
- Antitrust
- Business and Government
- Regulatory Reform
Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
- Aviation
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Sam Kazman
Counsel Emeritus
- Antitrust
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- Banking and Finance
Marlo Lewis, Jr.
Senior Fellow
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- Energy and Environment