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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Free the Economy podcast: The Overton Window with James Hohman
In this week’s episode we cover Treasury yields, oil prices, US-China-Taiwan security policy, and Trump’s $5,000 dividend checks. Our…
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How The No Surprises Act worsened the problem of surprise bills
Next week, Sen. Bill Cassidy (R-LA) will convene a roundtable to discuss adjustments to the 2020 No Surprises Act, which has come under…
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The rules Congress never gets to see
The 1996 Congressional Review Act (CRA) has been used to overturn only a few dozen federal regulatory directives since its enactment, most during the…
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The Competitive Enterprise Institute Daily Update
Issues in the News 1. HURRICANE KATRINA Speaker of the House Dennis Hastert suggests that New Orleans should not be rebuilt.
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The Competitive Enterprise Institute Daily Update
Issues in the News 1. FINANCE Rep. Michael Oxley, co-sponsor of the Sarbanes-Oxley corporate accounting law, expresses concerns about its impact.
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The Competitive Enterprise Institute Daily Update
Issues in the News 1. TELECOM Congress prepares to consider a sweeping reform of telecommunications law. CEI Expert Available to…
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Reform FCC—Limit It!
<?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />U.S. communications policy is at an important inflection point. Cable, telephone and wireless companies aim to…
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Moment of Truth Approaches for Free Trade
Contact for Interviews: Richard Morrison, 202.331.2273<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> …
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A New Hope for Free Markets in Telecom
Contact: Richard Morrison, 202.331.2273 Washington, D.C., July 27, 2005—Sen. John Ensign (R-NV) this morning announced wide-ranging legislation that would modernize U.S. telecommunications law…
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Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
- Business and Government
- Consumer Freedom
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Ryan Young
Senior Economist and Director of Publications
- Antitrust
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Fred L. Smith, Jr.
Founder; Chairman Emeritus
- Automobiles and Roads
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Sam Kazman
Counsel Emeritus
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Marlo Lewis, Jr.
Senior Fellow
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