U.S. Chamber Applauds House Passage of Regulatory Reform Measure

Wednesday, January 11, 2017 - 7:00pm

Bradley: ‘We have to get these rules right’

WASHINGTON, D.C.—U.S. Chamber Senior Vice President and Chief Policy Officer Neil Bradley issued the following statement today praising House passage of H.R. 5, which includes the Regulatory Accountability Act: 

“Our aging regulatory system is long overdue for an upgrade. H.R. 5, including the Regulatory Accountability Act, targets only the most expensive and burdensome rules that cut across industries and sectors. We have to get these rules right. This legislation would increase scrutiny of only the most impactful rules, requiring greater transparency and agency accountability.

“Now we urge the Senate to follow the House’s lead and turn their attention to regulatory reform. We need reforms that encourage business expansion, spur job creation, and ultimately help grow the American economy.”

The U.S. Chamber sent a Key Vote letter to House members urging support for H.R. 5, which can be found here. On Dec. 5, 2016, the U.S. Chamber led a coalition of 380 business associations and local chambers urging Speaker Paul Ryan and House leaders to move quickly on the Regulatory Accountability Act in the 115th Congress. We appreciate the House’s efforts in response, with passage of the Regulatory Accountability Act today.

The Chamber has been a champion of regulatory reform for years. A series of research reports examining the federal regulatory process is accessible here.