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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The week in regulations: School libraries and sport pilots
The Federal Reserve raised interest rates. Congress passed a Russia sanctions bill that gives President Trump more tariff authority. Agencies issued new regulations ranging…
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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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Wishful Anti-spam Thinking
Tomorrow, the House is expected to pass new anti-spam legislation. The effort is understandable: The increasingly apparent downside of an Internet on which you…
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Rescuing Free Trade From the Bureaucrats & Special Interests
Full article available in pdf format.<?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> In the aftermath of the…
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The Power of Positive Drinking: Are Alcoholic Beverage Health Claims Constitutionally Protected
Full Document Available in PDF Food and…
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October Edition of the Monthly Planet
Full Document Available in PDF Articles in this edition: “On…
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United Nations Day of Shame
UN Secretary-General Kofi Annan recently declared that the global pursuit of scientific endeavors is marked by inequality. Noting that developing countries invest much…
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General Accounting Office Reports on Cable TV Rates
Contacts: <?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /> Ms. Solveig Singleton, 202.331.2274, [email protected]…
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Clyde Wayne Crews
Fred L. Smith Fellow in Regulatory Studies
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Ryan Young
Senior Economist and Director of Publications
- Antitrust
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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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