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U.S. Chamber Applauds Bipartisan Senate Introduction of the ‘Regulatory Accountability Act’
WASHINGTON, D.C. — U.S. Chamber of Commerce Senior Vice President and Chief Policy Officer Neil Bradley issued the following statement today after introduction of the “Regulatory Accountability Act of 2017” (RAA) in the U.S. Senate:
“The business community asked the U.S. Senate to take action to make regulatory reform a reality this year, and they answered that call today. We applaud Senators Portman and Heitkamp for continuing to take leadership on this issue and proving to America that bipartisanship is still alive in Washington.
“The rules governing the federal regulatory system were written in the Truman administration, with few updates since then. Now, under the Trump administration, it’s past time to modernize the process. The Regulatory Accountability Act would increase scrutiny of the most expensive rules that cut across industries and sectors, requiring greater transparency and agency accountability. We encourage all Senators to support this bipartisan reform legislation that can encourage business expansion, spur job creation, and ultimately help grow the American economy.”
On February 6, 2017, more than 600 business groups — including trade associations and state and local chambers of commerce — sent a letter to Senate leadership urging them to take up RAA. The House passed the RAA with a bipartisan vote of 238-183 on January 11, 2017.