TV News LIES

Wednesday, Sep 22nd

Last update03:43:44 AM GMT

You are here News Congress The coming GOP assault on regulations

The coming GOP assault on regulations

E-mail Print PDF

BannonWhile President Donald Trump has launched a noisy crusade to slash regulations that constrain American businesses, Republicans in Congress have embarked on a less prominent but potentially more lasting effort to make it much harder for federal agencies to create new regulations in the future.

There is a flurry of anti-regulatory legislation floating around Capitol Hill, but it is becoming clear that the key Republican vehicle to rein in rulemaking will be Ohio Senator Rob Portman’s Regulatory Accountability Act. A 16-page draft of the legislation obtained by POLITICO was significantly less radical than several aggressive bills recently passed by the House of Representatives, but industry groups have pinned their hopes on this one attracting support from enough moderate Democrats to overcome a Senate filibuster and make it to Trump’s desk. And even if the Portman bill won’t automatically ensure “the deconstruction of the administrative state” promised by White House adviser Steve Bannon, it could still dramatically curtail the power of government regulators in the long run.

Portman has not yet introduced the bill, but behind the scenes in Washington it is already the subject of furious lobbying by more than 150 public interest groups that oppose it as well as more than 600 business groups that support it. It is much narrower than a bill the House passed last month with the same name, but would still revamp and insert new bureaucratic hurdles into the federal regulatory process, which the Obama Administration used to enact tough new restrictions on coal plants, Wall Street banks, for-profit colleges and other corporate entities.

The Portman bill would add new obstacles for agencies to overcome before enacting economically significant rules, require them to choose the most cost-effective alternative, and give judges more discretion to block regulations when the regulated interests object.

Morre...


Most Recent Related Stories...


The FBI’s Domestic Terrorism Caseload Has ‘Exploded,’ Director Chris Wray Tells Congress

Chris Wray : Domestic terrorism cases doubled The FBI has more than doubled its domestic terrorism caseload in little more than a year...

New Book Reveals Trump’s Apoplectic Reaction To McConnell Congratulating Biden

Trump freakend out when McConnel congratulated Bide Donald Trump “spewed expletives” at then-Senate Majority Leader Mitch McConnell (R-Ky.) after McConnell congratulated Joe Biden...

Senate Parliamentarian Rules Against Path To Citizenship In Democrats’ Spending Bill

Dreamers cannot be part of spending bill: ParliamentarianDemocrats’ push to give young undocumented Dreamers a path to citizenship violates Senate rules, according to...

Simone Biles, Aly Raisman And More Slam FBI For Botched Investigation Into Larry Nassar

Simone Biles testifiesGymnasts including Aly Raisman, McKayla Maroney and Simone Biles gave heart-wrenching testimony on Wednesday during a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!