Archive for October, 2017
Public comments made by current and former administrators of the Office of Information and Regulatory Affairs, an agency within the Office of Management and Budget that reviews all significant federal regulations, reveal their suspicions.
Agencies know that OMB leaders are laser-focused on costs, and that is going to lead to a reduction in the number and scope of rules emerging from agencies, said Howard Shelanski, former OIRA administrator during the Obama administration.
Director of the Office of Management and Budget, Mike Mulvaney, responded, “Noone understands this, which we kind of like, but we have the Office of Information and Regulatory Affairs. We touch every reg and de-reg effort within the government … If you folks could be specific to which regulations are impeding innovation and impeding investment, specifically identifying changes in laws, keep in mind there are some things we can do as an administration without Congress.”
By Cheryl Bolen
Information to Come
Regulatory reform officers and task forces in every agency are working on systematic efforts to evaluate and reduce regulatory burdens, Rao said, mentioning a new present-value calculator as one tool.
According to a guidance document issued in April, agencies are required to calculate the “present value” of regulatory actions and cost savings, and OIRA is working to assist agencies in their accounting, a spokesman said.
From: The Korea Herald
Amid Korea’s continued strive for increased transparency and regulatory business reforms, the Fair Player Club and US Embassy Seoul hosted a joint seminar on better regulatory compliance in Seoul on Thursday.
The seminar invited keynote speaker Aaron Szabo, senior adviser for International Regulatory Cooperation of the Office of Information and Regulatory Affairs in Washington, who shared the US’ approach for establishing analytic tools for regulatory design and review.
List to be Published
The full scope of the effects of the two-for-one requirement will begin to emerge in late November, when the White House is expected to publish a list of regulations and deregulatory actions each agency has taken under the rule.
A Reuters examination of rules published in the Federal Register, a U.S. government journal, shows that so far in 2017, agencies have proposed or finalized 25 deregulatory measures under the two-for-one requirement – a broad easing of rules that will affect workers from miners and farmers to pilots and crane operators.