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
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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For Construction Pros
NRMCA: President’s Jobs Plan At Odds With Administration Regulatory Action
For Construction Pros discusses Wayne Crews's report on the size of the federal regulatory burden. Highlighting the magnitude of numerous new regulations, this…
Blog
Pull Out of Basel III: The Moral Hazard of Government Ratings
Recently and for different reasons, two high-profile players from different parts of the financial sector -- JPMorganChase CEO Jamie Dimon and respected banking analyst…
Blog
Obamacare Will Increase Health Insurance Premiums by 55 to 85 Percent in Ohio, Study Says
The Charleston Daily Mail’s Don Surber points to a recent study “that shows that 790,000 Ohioans will lose their private health insurance and premiums…
Blog
Regulation Roundup
In Seattle, Washington, the maximum length allowed for concealed weapons is 6 feet, plus more.
Blog
Flushing Oral Oncology Drugs Down the Toilet?
An interesting article in the Journal of Clinical Oncology (via yesterday's Jerusalem Post) argues that the U.S. Food and…
Blog
Dodd-Frank Financial Law Uses Regulations to Outsource American Jobs
American jobs will soon be outsourced due to the Dodd-Frank financial "reform" law passed in 2010 with strong support from the Obama administration. That law…
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
- Business and Government
Sam Kazman
Counsel Emeritus
- Antitrust
- Automobiles and Roads
- Banking and Finance
Marlo Lewis, Jr.
Senior Fellow
- Climate
- Energy
- Energy and Environment