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
Is Congress even trying? 3,248 new rules vs. 175 laws
In 2024, federal agencies issued 3,248 rules and regulations, while Congress enacted only 175 laws. I refer to the simple ratio—19 rules for…
Blog
Free the Economy podcast: Draining the swamp with Jim Bovard
In this week’s episode we cover fake endangered species, Pennsylvania’s climate policy showdown, a robust defense of property rights in New…
Blog
This week in ridiculous regulations: Seat belts and eagle possession
This week’s roundup will be a little different than usual. Since the new year began mid-week, and I already published a breakdown of 2024’s year-end numbers, as…
Search Posts
Blog
Cockroaches Win
If New York regulators get their way, the only other option will be for people to hire an exterminator. So basically, if your income is…
Newsletter
Cap and Trade Compromise, the Return of Bed Bugs and Jack Kemp, RIP
The White House floats the idea of allowing new oil and gas drilling in exchange for support of a cap and trade system for greenhouse…
Blog
Obama’s pending cybersecurity overhaul should heed the “Cybersecurity Commandment”…
Not many details have appeared, but the Atlantic reports on a speech given by the administration’s Melissa Hathaway in McLean, VA: In her speech,…
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
Blog
When Government Spending Gets Really Obscene
My good friend and Bureaucrash ally Xaq Fixx recently altered me to an interesting story on the intersection of politics, technology and free…
Blog
General Growth Properties (GGP) — Bankruptcy the way it ought to be
On the surface, given the economic turmoil we’ve had, there was nothing that remarkable about the bankruptcy of shopping mall owner General Growth Properties (GGP).
Blog
Obama credit card meeting — should meet with economists instead
Instead of meeting with the executives of credit card issuers and sactimoniously lecturing them about not raising rates, as he is doing…
Blog
Mortgage Executive Kills Himself, After Obama Makes Mortgage Giant Freddie Mac Lose Money to Bail Out Irresponsible Borrowers
The chief financial officer of mortgage giant Freddie Mac committed suicide today in his basement. The Obama Administration forced Freddie Mac to run up…
Blog
People Make Earth Day Better
This year, we at the Competitive Enterprise Institute are suggesting that those who will be celebrating Earth Day remember the challenges presented by living in…
Blog
Does Anyone Understand The Internet?
I’m beginning to think “no” is the definitive answer. While most tend to understand the basic concepts of Internet connectivity and its associated parts, it…
Blog
The “Small Business” Exemption Distortion
Many of the federal regulatory and tax laws include a “small business exemption” – politicians displaying an aversion to crippling a…
Newsletter
Bailout Power Grab, Abuse of Power in New York and Rising Sea Level Panic
White House economic advisers plan to convert government holdings in bailed out banks to common stock, increasing direct government control. New York State insurance chief…
Blog
Nationalizing the Banks? Stock Conversion May Backfire
The Obama Administration wants to convert the preferred shares the government got from banks in the bank bailout into common shares. In theory, it…
Newsletter
Hemispheric Diplomacy, Greenhouse Gases and Anti-Tax Protests
President Obama attends the Summit of the Americas with other leaders from North and South America. The Environmental Protection Agency declares greenhouse gases to be…
Newsletter
CO2, Microsoft’s Antitrust Overseers and Anti-Tax Activists
The Environmental Protection Agency prepares to release a document that could require the federal government to regulate emissions of carbon dioxide. The Justice Department extends…
Newsletter
Anti-Tax Tea Parties, College Quotas and Job-Killing Regulations
People across the nation rally to oppose high taxes and government spending in the spirit of the original Boston Tea Party. President Obama’s apparent support…
Blog
We Wouldn’t Have Teaparties If It Wasn’t For Rentseeking
Those who say we tried the free market and it failed should research the history of the Boston Tea Party a little. We didn’t even…
Newsletter
Tax Day Protests, Small Car Safety and Union Organizing
People across the country gather to protest high taxes and excessive government spending. A new crash test study finds that smaller cars are especially vulnerable…
Blog
A National Anthem for April 15
As Tea Parties brew across the land today, I’m reminded of the infamous “Tax Poem” chain email, or, spam, if you like. Set to music…
Financial Times
1,000,000 Tea Bags Find a Home
After park officials turned away Tea Party protesters' 1 million tea bags, the press conference was moved to the Competitive Enterprise Institute. We were happy…
Newsletter
Justice Ginsburg’s Inconsistency, the Continuing Pirate Threat and Tax Day Tea Parties
Justice Ruth Bader Ginsburg defends the use of foreign legal codes in deciding U.S. Supreme Court verdicts. Somali pirates renew their attacks, seizing four new…
News Release
April 15th Tax Burden Worsened by Hidden Taxes
April 15th Tax Burden Worsened by Hidden Taxes Americans Hit by Excessive Federal Regulations, Threatened by New Energy Rationing Washington, D.C., April 14,…
Blog
Broadband Stimulus Plan: Spend First, Ask Questions Later
There has been some noise in technology circles the last week over the FCC comment period or Notice of Inquiry (NOI) in regards to the…
Blog
Don’t Change Interchange
Overstock.com President Jonathan E. Johnson recently penned an op-ed that appeared in The Washington Times last week in which he argued for government regulation…
Financial Times
Deregulate to Stimulate
Few Americans are aware of the massive scope of the federal regulatory enterprise. It is hardly common knowledge that 4,004 rules from nearly 70…
Blog
Federal Budget Deficit Skyrockets; $163,000 More in Taxes
“The budget deficit increased by $192.3 billion in March, and is near $1 trillion just halfway through the budget year.” It’s going to…
Blog
Jack Dreyfus, FDA Reform Pioneer
My colleague John Berlau wrote a nice obituary of mutual fund pioneer Jack Dreyfus that was published in Investor’s Business Daily earlier this week.
Newsletter
Banning Bottled Water, Remembering Jack Dreyfus and Greenhouse Gas Legislation
Activists campaign for college campuses to ban sales of bottled water. Legendary investor Jack Dreyfus passes away at age 95. Reps. Henry Waxman (D-CA) and…
Blog
Trojan Horse “Food Safety” Law
A misguided bill, the Food Safety Modernization Act of 2009, may shut down farmer’s markets and “drive out of business local farmers and artisanal,…
Letters
Letter to Senators Dodd and Shelby, and Congressmen Frank and Bachus regarding National Regulatory Modernization
Full Document Available in PDF This letter written to Senators Dodd and Shelby, and…
Blog
Baptist-Bootlegger Alliance on Tobacco
In today’s Washington Examiner, Tim Carney has an excellent column on how the bill to place tobacco under FDA regulation would reduce competition in…
Financial Times
Government’s Mistakes Have Deepened This Recession
Steven Gjerstad and Vernon Smith suggest one unexplored aspect of our financial crisis: the role of egalitarian policies. To see this, note…
Blog
Rise of the Luddites
When it comes to things such as environmental policy, the Progressives have been rather successful at promoting their world view. They realized that it would…
Blog
A Bounty on Your 401(K)
The Obama Administration’s mortgage bailout for irresponsible borrowers (including wealthy borrowers with modest mortgage payments) provides a bounty for reckless sub-prime mortgage lenders…
Blog
That G20 Communique
Yesterday’s communiqué from the leaders of the G20 – a motley collection of democracies and dictatorships – has some good points, but in general…
Newsletter
G20 Stimulus, A Plan for Carbon Dioxide and Mark-to-Market Reforms
World leaders pledge to spend an additional $1 trillion to stimulate the global economy. Global warming activists call for policies to lower the concentration of…
Financial Times
The Five Dumbest Product Bans, 2009
Financial Times
Lawmakers told to overhaul property insurance: A coalition pushes for reform to help prevent economic disaster.
Financial Times
Legislature aims to overhaul property insurance system
Blog
The mark-to-market relief rally
The events leading to the Dow’s climbing over 8000 today can be properly called the Mark-to-Market Relief Rally. More than any expected action of the…
Blog
Markets Rally on Hopes of Regulatory Relief
The stock market has gone up by 280 points so far today, fueled by FASB’s vote to relax rigid mark-to-market accounting rules,…
News Release
Statement on the Progress of the London G20 Summit
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:"";…
News Release
Statement on the Expected Vote to Relax Mark-to-Market, or “Fair Value,” Accounting Mandates
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:"";…
Blog
Obama Follows in Hoover’s Footsteps
During the Great Depression, Herbert Hoover damaged the economy, and impoverished the American people, with costly, artificial attempts to stimulate the economy through…
Blog
Virginia Postrel on Her Own Brush with Cost-Effective Drug Research
One letter writer argues that Herceptin was a poor example because "Multiple cost-effectiveness analyses have shown that, despite its high cost, Herceptin is both effective…
Financial Times
The five dumbest product bans, 2009 Source: Competitive Enterprise
Blog
Verizon, AT&T See the Regulation Writing On The Wall
AT&T and Verizon are indicating that there is a chance that they will not seek funds from the broadband stimulus portion…
Blog
Capitalist-David rally versus Goliath-protests for Socialism
During the G20 summit something like 40,000 plus protesters slated to descend upon London. Of that number, there is a small but growing and…
Financial Times
Americorps Plan Will Waste Money on Ideological Causes
Despite exploding deficits, President Obama and congressional leaders are backing a $5.7 billion “national service” boondoggle. Obama’s proposed budgets, which break…
Blog
Organic Pesticides Fail EU Safety Review
Ask people who buy organic food what they like about it, and chances are, most will say "they're grown without pesticides." That's not actually true.
Blog
With or Without You
The Obama administration's ouster of GM CEO Rick Wagoner won't solve the auto giant's problems. It does, however, show the power that government now wields…
Blog
Feds Make Freddie Mac Even Worse, Ripping Off Taxpayers
After federal regulators took over failing mortgage giant Freddie Mac, they didn’t stop its risky lending practices. Instead, they ramped up its risk-taking, making it…
Blog
Utah Gov. Vetoes Bad Gaming Bill, Self-Regulation Triumphs
Last night, the first amendment, self-regulation, consumers, parents, entrepreneurs, gamers, and business won a huge victory in Utah. In early March, I posted about the…
Blog
Obama’s Policies Are “A Road to Hell,” European Leader Says
“The president of the European Union on Wednesday slammed U.S. plans to spend its way out of recession as ‘a road to hell.’…
Blog
Post-Modern Food Fetish
There’s very little that’s romantic about keeping a big backyard garden, and less still about the actual practice of producing meaningful amounts of food. But,…
Blog
$2 Trillion Tax from Obama: Hidden Costs of “Cap-and-Trade” Scheme
Obama’s proposed “cap-and-trade” carbon tax on energy use and utility bills is expected to raise up to $2 trillion, more than the $646 billion…
Blog
Toxic-Asset Buy-Up: “Pure Plunder”?
People who have actually read the fine print of the Administration’s trillion-dollar toxic asset buy-up program don’t like it. One calls it “pure plunder.”…
Blog
Toxic Asset Rip-Off
Obama is proposing that the Treasury provide loans up front and insurance against potential losses on the back end. It’s what Paul Krugman called "heads…
Blog
“Heads I win, Tails the Taxpayers Lose”: Toxic Asset Rip-Off
That’s how analysts describe the trillion-dollar toxic-asset buy-up program proposed this weekend by the Obama Administration: “the president is putting forth his idea to…
Blog
Fishing for Rationality in the Beauty Salon
Thinking of getting one of those cool new “fish pedicures”? Well, you’d better act fast. 14 states have already banned the process. But a member…
Newsletter
Obama’s Debt, Wall Street Bonuses and the Economy vs. the Environment
A new congressional report estimates that President Obama’s spending proposals will produce over $9 trillion in debt. Debate continues over the plan to tax some…
Financial Times
The Breaking up of Money-Pit Behemoths if Necessary
Blog
Postmodern Union-on-Union Fight
The Service Employees International Union (SEIU) is being denounced by a group of its own employees for doing, well, nothing wrong or illegal, but something…
News Release
Congress Considers New Mandates on Consumers, Appliances
Congress Considers New Mandates on Consumers, Appliances In Midst of Recession, Senate Seeks Costly New Product Restrictions Washington, D.C.,…
Newsletter
Turning Down Stimulus Dollars, Legal Malpractice and a “Socialist” President
A group of governors turn down federal stimulus funding for their states, citing the strings attached by Congress. The Supreme Court rules that drug maker…
Financial Times
Take the pressure off
Even before counting President Obama’s ambitious “stimulus” agenda, spending by the U.S. government – the largest on planet Earth – is now…
Cafe Hayek
Regulatory Burdens
Blog
An Explosion of Litigation
Already burdened by $8 trillion in new federal spending commitments and the likelihood of higher taxes to pay for bailouts,…
Blog
Economists Give Obama Failing Grade; New Bailouts Demanded As Obama Breaks Promises
Obama gets a failing grade from economists. “U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to…
Blog
Your Interests Are My Interests
As newspapers around the country are closing, Google's interest-based ads may be just the shot in the arm the content industry needs.
Blog
Al Gore Wants .eco Web Domain…
Since Dot Eco TLD announced that they were seeking establishment as a top level domain (TLD) at ICANN’s (Internet Corporation for…
Blog
Utah: Rated R for Ridiculous
Utah is on the verge of using it’s ‘Truth in Advertising’ bill to pass regulated enforcement of video game ratings. The bill which was in…
Blog
Stimulus Subsidizes Corruption, Waste, Racism
The $800 billion stimulus package signed by Obama not only will make the economy shrink over the long-run, it will pay $88.6 million…
Newsletter
Cybersecurity Turf War, Strongarm Union Tactics and a Beer Battle in Colorado
President Obama’s chief of cybersecurity quits, citing overbearing control by the Department of Defense’s National Security Agency. Prominent Democrats come out against changes…
Punditry by the Pint
Beer Wars
Overlawyered
What have they done with the old Rose and Crown?
Blog
Schadenfreude “Two-Fer”
The New York Times reported this week that the Peanut Corporation of America plants in Texas and Georgia that were shipping salmonella contaminated peanut products…
Overlawyered
Speak out against ‘fishing expedition’
Sir, Kudos to former ambassador Faith Whittlesey for her valid points about the Obama administration exerting “raw Goliath power” and breaching a bilateral tax agreement…
Blog
Yes, “Botch” is the right word.
Alex is right. “This IS one of these questions about what to do in the real world, where first-best solutions just aren’t politically possible†(emphasis…
Blog
Did the Supreme Court “Botch” Wyeth v. Levine?
I was initially going to post this as a comment to Greg Conko’s recent post arguing against the Court’s recent decision in Wyeth…
Blog
Imagine There’s No Agency
Washington spends and regulates, and it’s hard to make it stop doing either. Government agencies and programs attract constituencies that want to keep them around,…
Blog
Supreme Court Botches Preemption Case
Ms. Levine alleged not only that the warning on Phenergan's label wasn't strong enough, but that Phenergan was "not reasonably safe for intravenous administration," and…
Newsletter
Genachowski for FCC, Obama Meets with Gordon Brown and the Threat of a Carbon Tax
President Obama nominates technology advisor Julius Genachowski to head the Federal Communications Commission. British Prime Minister Gordon Brown visits the White House to discuss international…
Blog
Parallel Lies
British Prime Minister Gordon Brown has been talking with President Obama this morning, and high on the agenda was the PM’s call for international banking…
Blog
Your Loss Is My Gain, Sucker!
I am being enriched by a vast expansion of government that will impoverish you and your family, and shrink the size of the economy in…
Blog
DC on the School Reform Front Lines, Again
Today’s Washington Post features an editorial that strongly criticizes Congressional Democrats’ rush to kill the District of Columbia’s school voucher program, which enjoys bipartisan…
Blog
What Does Norway’s Net Neutrality Mean for the U.S.?
Hopefully nothing. But international policy has a way of making waves on our shores; sort of a “Look what they’re doing in Europe, we should…
Overlawyered
Mr. President, End this Farm Subsidy Boondoggle
Before taking office, President Barack Obama pledged to cut government waste: “We cannot sustain a system that bleeds billions of taxpayer dollars on programs…
Casino Intensity
A Competitive Enterprise Institute Study May Aid the Online Casino Industry
Blog
Wayne Crews Considers the Cost of Regulation
From RealClearMarkets.com: Removing burdensome regulations on businesses, both large and small, hasn’t figured much into the economic recovery program thus far. But alternatives to “porkulus 
Casino Intensity
It’s Time to Consider the Cost of Regulation
As President Obama took the podium Tuesday night, all minds were fixed on the economy. As expected, the President addressed the economy first, front…
Business Week
The Appointment of Cass Sunstein as OIRA Chief
CNN
The Appointment of Cass Sunstein as OIRA Chief
CNN discusses Obama's pick for the head of the Office of Information & Regulatory Affairs with Iain Murray. The gate was very friendly to business…
Blog
Dambisa Moyo: Zambian Author Takes on Foreign Aid
The celebrity parade calling for more foreign aid to poor countries has become so ubiquitous — and accepted — these days that critiques of it…
Blog
Obama’s Bankruptcy Math Has to be Wrong
President Obama claimed in his speech tonight: “For that same reason, we must also address the crushing cost of health care. “This is a cost…
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