January 5th, 2017. Washington, DC. In a 237 to 187 vote,
the US House of Representatives has passed the REINS Act (Regulations from the Executive in Need of Scrutiny), and the PEOTUS has vowed to sign it if it comes to his desk, even though the bill undermines the separation of powers and limits the power of the presidency with respect to setting a regulatory agenda in and through the federal regulatory agencies process. I mean, who wants to see the POTUS, through his agency appointments,
issue new rules relating to things like air quality and food safety? The REINS Act has been identified by the GOP congressional leadership as the first in a series of “reforms” designed to “fix” (read undermine) the regulatory system. Backed by the Koch PACS and Presidential Advisory designate Carl Icahn (whom New York Magazine has referred to as a blinding supernova of conflict of interest) the bill says that additional congressional approval is needed for any rule that would impose compliance costs of more than $100M per year. If congress fails to approve a rule within 70 days after promulgation, the rule becomes null and void. Here again, yet another GOP anti-democratic Trojan horse. Surely, adding another layer of approval by electeds rather than appointed and career civil servants makes it better and not worse, right? Unfortunately, no. Under the present system, congress established federal regulatory agencies with the specific idea that important decisions about protecting the public required a deep technical expertise and a process insulated from horse trading and power plays. Under the present system, congress already has the authority to control the regulatory system by writing laws that determine which activities get regulated; they say what tasks the agencies should undertake. The agencies, for their part, determine technical criteria and the like, often taking years of open and inclusive process to formulate a particular safeguard. So, then what would REINS do to the regulatory process? Instead of more democratic oversight,
REINS moves decisions into back rooms where what had been decided by expertise, rationality, and openness is replaced by secrecy and influence peddling. Under REINS, any rule that was years in the making can just die after 70 days with no public hearings. As a result, industry would have much less incentives to work with regulatory agencies, because they could just end run them with assurances of congressional inaction.