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 regulatory costs we still aren’t counting
Several years ago, I assembled a “Costberg” working paper surveying the largely impenetrable and undisclosed costs of regulation. The project grew out of…
Blog
The week in regulations: Voting by mail and $100,000 visas
The number of new final regulations in 2026 topped the 2,000 mark. President Trump escalated his trade war against Canada and issued an executive…
Blog
Free the Economy podcast: The future of financial regulation with Thomas Hoenig
In this week’s episode we cover the status of occupational licensing in the 50 states, the coming crack-up over entitlement spending,…
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USA Today
Trump, Biden Tout Contrasting Economic Plans. Which Will Restore Jobs Lost in the Pandemic Faster?
USA Today cites CEI on regulatory reform: The president says he’ll continue to aggressively cut regulations. He initially promised to scrap two rules…
Blog
This Week in Ridiculous Regulations
The last week saw another political convention, another police shooting, and two hurricanes. There was at least one major positive story, though. Polio has finally…
Forbes
What Comes After Trillion? Coming To Terms With The Impenetrable Costs Of Government Intervention
“We print it digitally,” Federal Reserve Chairman Jerome Powell said of money. They sure do. Real…
Blog
This Week in Ridiculous Regulations
The spring 2020 Unified Agenda was published on August 17. Due four months ago, it collects every rulemaking agency’s plans for upcoming regulations. The number…
National Review
App Shrugged: Will Uber Go Galt in California?
The rideshare company Uber is threatening to end its operations in California entirely if the Golden State forces the company to classify all its drivers as…
Blog
This Week in Ridiculous Regulations
Kamala Harris was announced as the Democratic dvice-presidential candidate, a massive storm swept through the Midwest, and Congress is out of session until September. The…
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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