^®: CRE Regulatory Action of the Week

CRE Issues Report Proposing OMB Review of Independent Agency Rules
CRE has issued a report entitled "A Blueprint for OMB Review of Independent Agency Regulations" which recommends that OMB review important proposed rules issued by independent agencies. This report addresses deficiencies identified by OMB with respect to the failure of independent agencies to subject their rules to economic and scientific analysis. CRE has filed its proposed plan with OMB, pursuant to Pub. L. No. 106-554, § 624. As explained in the CRE report, OMB can implement the recommendations without the need for a new Executive Order or additional statutory authority.