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: Real-world economics with Paul Mueller
In this week’s episode we cover spiraling health care costs, reforming state-level regulations, and how to keep asset managers accountable…
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The week in regulations: Safe explosives and baker’s yeast
President Trump proposed an export ban on diesel fuel. Mortgage rates topped 7 percent. Agencies issued new regulations ranging from bank mergers to window…
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Free the Economy podcast: Gen Z capitalism with Sam Raus
In this week’s episode we cover how data centers power our lives, how modern technology is fueling family togetherness, and the…
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Regulation of the Day: Saving the Children
On June 26, the National Commission on Children and Disasters is having a meeting. They will be talking about another meeting from the day before.
Blog
Supreme Court Vacates Stay Order in Chrysler Case, Refuses to Rule on Legal Challenges At This Time
The full Supreme Court just vacated the stay that Justice Ginsburg earlier entered that had temporarily blocked the government’s plan for Chrysler. Why it…
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Supreme Court Temporarily Blocks Illegal Chrysler Giveaway to UAW
Supreme Court Justice Ruth Bader Ginsburg yesterday granted a stay temporarily blocking the government’s plan for Chrysler, which would give effectively give most of…
News Release
CEI to FCC: Don’t Strangle Broadband Industry
The Competitive Enterprise Institute this week filed comments advising the Federal Communications Commission on how best to proceed with its plan for a national…
News Release
Bank Chairman to Speak Out on Banking Crisis and Capitalism at CEI 25th Anniversary Gala
This Thursday evening John Allison, Chairman of BB&T Bank, will deliver the keynote address at the Competitive Enterprise Institute’s 25th Anniversary Gala. Allison will…
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Stimulus Package Kills Jobs, Drives Up Unemployment
Unemployment is now even higher than the Obama Administration said it would be if there were no stimulus package. At least 1.5 million…
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