380 Entities Weigh in With Speaker Paul Ryan
WASHINGTON, D.C—In a letter sent to Speaker of the House Paul Ryan yesterday, associations and chambers of commerce from across the country urged Ryan to make consideration of the “Regulatory Accountability Act” an early priority for the 115th Congress.
Spearheaded by the U.S. Chamber of Commerce, the letter secured 380 association signatories from 47 states and the District of Columbia representing a multitude of sectors including agriculture, energy, transportation, and manufacturing.
“The regulatory process in America must be reformed so the country can get back to work without the undue, unchecked burden of overregulation,” said William Kovacs, U.S. Chamber senior vice president of Environment, Technology and Regulatory Affairs. “The overwhelming support for commonsense reform is clear from the hundreds of groups lending their names in this call for the ‘Regulatory Accountability Act.’ President-Elect Trump and Congressional leaders have acknowledged that the system is broken, so we look forward to working with them to find solutions as quickly as possible.”
The groups write in the letter to Speaker Ryan, “We believe that federal regulations should be narrowly tailored, supported by strong and credible data and evidence, and impose the least burden possible, while still implementing Congressional intent.” They go on to explain, “The Regulatory Accountability Act builds on established principles of fair regulatory process and review that have been embodied in bipartisan executive orders dating to at least the Clinton administration.”
You can view the full letter here.
The “Regulatory Accountability Act” would improve the transparency of regulations by requiring agencies to invest more effort earlier in the rulemaking process to gather data, evaluate alternatives, and receive public input about the costs and benefits of its rules.
The U.S. Chamber is currently running a Beltway-focused digital paid media campaign calling for Regulatory Reform. Over the past few years, the business organization has released a series of reports aimed at holding government accountable for an increasingly complex web of regulations. To read the studies, please visit https://www.uschamber.com/regulatory-reform.