The REINS Act would require Congress to vote on all economically significant regulations — rules that cost at least $100 million per year. The House passed the bill yesterday, and now it moves on to the Senate. Vice President for Policy Wayne Crews talks about the impact REINS could have on increasing transparency and accountability. He also offers up a few more ideas for further regulatory reform.
Ryan Young
Fellow in Regulatory Studies at the Competitive Enterprise Institute in Washington, DC. All opinions are mine.
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