Category Archives: regulation

CEI’s Battered Business Bureau: The Week in Regulation

The Federal Register burst past the 50,000-page mark with Friday’s 878-page effort, which also contained 21 final regulations and four “significant” documents.

On to the data:

  • Last week, 83 new final regulations were published in the Federal Register. There were 75 new final rules the previous week.
  • That’s the equivalent of a new regulation every two hours and one minute.
  • So far in 2014, 2,322 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,561 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,882 new pages were added to the Federal Register.
  • Currently at 50,432 pages, the 2014 Federal Register is on pace for 77,350 pages. This would be the 6th-largest page count since the Federal Register began publication in 1936.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 27 such rules have been published so far this year, one of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.62 billion to $10.87 billion. They also affect several billion dollars of government spending.
  • 189 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 440 new rules affect small businesses; 64 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

New RegData Site Makes it Easier to Track Regulation

About three years ago, our friends at the Mercatus Center launched a website called RegData that compiles a searchable database on many facets of regulations. For the first time, it also quantified just how many regulatory restrictions are in the 175,000-page Code of Federal Regulations. By doing text searches for terms such as “must,” “shall,” “shall not,” and the like, they found that, as of 2010, there have been more than one million regulatory restrictions. Ten Thousand Commandments turns out to be an understatement, by a factor of one hundred.

This week a major RegData revamp was released, with more data that is more searchable than before. Head on over and play with the search tools for a bit and see what you’ll find. There is also a short instructional video where Patrick McLaughlin walks you through the site.

CEI’s Battered Business Bureau: The Week in Regulation

em_spectrum
In a week like any other, new regulations hit the books for everything from tax delinquents to the electromagnetic spectrum.

On to the data:

  • Last week, 75 new final regulations were published in the Federal Register. There were 80 new final rules the previous week.
  • That’s the equivalent of a new regulation every two hours and 15 minutes.
  • So far in 2014, 2,239 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,543 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,987 new pages were added to the Federal Register.
  • Currently at 48,550 pages, the 2014 Federal Register is on pace for 76,819 pages. This would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 26 such rules have been published so far this year, three of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.62 billion to $10.87 billion. They also affect several billion dollars of government spending.
  • 181 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 417 new rules affect small businesses; 60 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI’s Battered Business Bureau: The Week in Regulation

sack of potatoes
Despite another 47 proposed regulations and 80 final regulations last week, 2014 remains on pace to have the smallest number of new regulations of any year in either of the last two administrations.

On to the data:

  • Last week, 80 new final regulations were published in the Federal Register. There were 98 new final rules the previous week.
  • That’s the equivalent of a new regulation every two hours and 6 minutes.
  • So far in 2014, 2,164 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,535 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,576 new pages were added to the Federal Register.
  • Currently at 46,563 pages, the 2014 Federal Register is on pace for 76,084 pages. This would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 25 such rules have been published so far this year, three of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
  • 177 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 401 new rules affect small businesses; 60 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

The Case for Closing the Export-Import Bank

Over at American Banker’s BankThink blog, I have a piece making the case for closing the Export-Import Bank, mostly on corruption grounds:

 The Wall Street Journal reported on June 23 that four Ex-Im employees have been removed or suspended in recent months, “amid investigations into allegations of gifts and kickbacks.”

Former Ex-Im employee Johnny Gutierrez allegedly accepted cash payments from an executive of a Florida-based construction equipment manufacturer that has received Ex-Im financing on multiple occasions. In a July 28 congressional hearing, Gutierrez chose to plead the Fifth Amendment rather than deny the allegations. The other cases involve two “allegations of improperly awarding contracts to help run the agency” and another employee who accepted gifts from an Ex-Im suitor.

Read the whole thing here. There are, of course, many other reasons to close Ex-Im. I compiled some of them in a paper here.

The Let Me Google That for You Act

When it comes to government transparency, more is better. As a general principle, the government should make public as many of its documents as possible (a principle CEI is currently litigating for against a number of agencies). Despite transparency shortcomings elsewhere, a bright spot since 1950 has been the Commerce Department’s National Technical Information Service (NTIS). The NTIS collects a slew of scientific and technical government documents from a variety of agencies, and offers them for sale to the public. But a new bill from Sens. Tom Coburn (R-Ok.) and Claire McCaskill (D-Mo.) would eliminate the NTIS altogether.

Why would Senators as outspoken on transparency issues as Coburn and McCaskill favor eliminating an agency that does nothing but increase transparency? Because for some years now, the NTIS has unofficially been part of the federal government’s Department of Redundancy Department. As National Journal notes, “the Government Accountability Office has asked NTIS to stop selling its reports, as that agency posts them on its own site for free.”

Coburn and McCaskill’s bill, the Let Me Google That For You Act, makes that point in its very name. The NTIS doesn’t just charge people for documents that can be found for free with a simple Google search. It also has a staff of 150 and a $66 million budget, which modern technology has rendered completely wasteful.

Transparency is a crucial part of good governance, and for a long time the NTIS played an important role. But times have changed, and its services are now being performed for free by other means. It’s time for the NTIS to close up shop.

For bonus fun, you watch Coburn and McCaskill grill NTIS Director Bruce Borzino in a recent hearing.

CEI’s Battered Business Bureau: The Week in Regulation

blueberries in crates
The dog days of summer may be upon us, but regulatory agencies are still working hard, issuing 46 proposed regulations and finalizing nearly 100 more regulations.

 

On to the data:

  • Last week, 98 new final regulations were published in the Federal Register. There were 74 new final rules the previous week.
  • That’s the equivalent of a new regulation every one hour and 43 minutes.
  • So far in 2014, 2,104 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,554 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,448 new pages were added to the Federal Register.
  • Currently at 44,987 pages, the 2014 Federal Register is on pace for 75,992 pages. This would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 22 such rules have been published so far this year, none of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
  • 171 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 388 new rules affect small businesses; 58 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI’s Battered Business Bureau: The Week in Regulation

What started off as a slow week ended with a bang, with 31 final regulations and 20 proposed regulations appearing in Friday’s Federal Register.

On to the data:

  • Last week, 74 new final regulations were published in the Federal Register. There were 100 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 16 minutes.
  • So far in 2014, 1,986 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,472 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,409 new pages were added to the Federal Register.
  • Currently at 43,539 pages, the 2014 Federal Register is on pace for 76,118 pages. This would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. Twenty-two such rules have been published so far this year, none of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
  • One-hundred and sixty-two final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 366 new rules affect small businesses; 56 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI’s Battered Business Bureau: The Week in Regulation

blue-bowl-and-oranges-8x10_jpg
In addition to 100 final regulations, 62 proposed regulations made their way to the Federal Register last week.

On to the data:

  • Last week, 100 new final regulations were published in the Federal Register. There were 63 new final rules the previous week.
  • That’s the equivalent of a new regulation every one hour and 41 minutes.
  • So far in 2014, 1,912 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,464 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,559 new pages were added to the Federal Register.
  • Currently at 42,130 pages, the 2014 Federal Register is on pace for 76,322 pages. This would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 22 such rules have been published so far this year, none of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
  • 159 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 355 new rules affect small businesses; 53 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI’s Battered Business Bureau: The Week in Regulation

headache
In a busy week, the Federal Register topped 40,000 pages, with Friday’s edition alone adding 666 pages.

On to the data:

  • Last week, 63 new final regulations were published in the Federal Register. There were 79 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 40 minutes.
  • So far in 2014, 1,812 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,406 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 2,370 new pages were added to the Federal Register, roughly double an average week’s output.
  • Currently at 40,571 pages, the 2014 Federal Register is on pace for 76,262 pages, which would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 22 such rules have been published so far this year, none of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
  • 152 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 336 new rules affect small businesses; 51 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.