“On Monday night, the U.S. Chamber of Commerce sent a letter along with 616 groups to Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer demanding action on the Regulatory Accountability Act (RAA) of 2017:
Now is the time for Congress to reclaim its constitutional legislative authority by ensuring agencies implement congressional intent, not the intent of the agency. With both the new presidential administration and the U.S. House of Representatives agreeing on the urgent need for regulatory reform, the Senate is presented with a once-in-a-generation opportunity to pass much-needed modernization of the Administrative Procedure Act (APA), whose rulemaking provisions have remained virtually unchanged since it was enacted in 1946.
The Senate has a unique chance to bring real structural reform to the way agencies adopt the most costly rules that fundamentally change our nation.
RAA would ensure that our regulatory environment is stabilized with a long term solution instead of a short term fix. By designing a process that achieves the maximum public benefit through the implementation of the most cost-effective rules, the executive branch would have a framework of accountability to pursue rules that actually make sense and avoid rules that one president’s administration may think is right and another may think is wrong.
The legislative and executive branches have a unique opportunity to accomplish regulatory reform once and for all.“
Read more on the U.S. Chamber of Commerce website and view the full list of organizations who have signed on to the letter: