Regulatory Humility

Dudley discusses Pres Biden's Modernizing Regulatory Review memorandun. The memorandum signals continuity in some regulatory practices and big shifts in others. It reaffirms longstanding bipartisan principles that require agencies to analyze the effects of alternative regulatory approaches, wit...

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Bibliographic Details
Published in:Regulation (Washington. 1977) 2022-03, Vol.45 (1), p.43-43
Main Author: Dudley, Susan E
Format: Article
Language:English
Subjects:
Biden, Joe
Biden, Joseph R Jr
Economic aspects
Government agencies
Independent regulatory commissions
Management
Memoranda
Regulation
Online Access:Get full text
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Summary:Dudley discusses Pres Biden's Modernizing Regulatory Review memorandun. The memorandum signals continuity in some regulatory practices and big shifts in others. It reaffirms longstanding bipartisan principles that require agencies to analyze the effects of alternative regulatory approaches, with the objective of ensuring that federal policies do more good than harm. The memorandum also directs the Office of Management and Budget (OMB) to work with agencies to develop new recommendations to improve and modernize regulatory review to "promote public health and safety, economic growth, social welfare, racial justice, environmental stewardship, human dignity, equity, and the interests of future generations." It focuses on several areas of reform, some of which have more promise than others.
ISSN:0147-0590
1931-0668