From: American Action Forum
For the first time this year, the Obama Administration did not outpace previous election years with new economically significant rules. The Office of Information and Regulatory Affairs (OIRA) approved eight significant measures in September, one shy of the output from 2004. The output in September of 2016 was also not historic, but the average review time for regulation exceeded other similar election year periods.
Through the first nine months of this year, regulators have approved 112 economically significant rulemakings; the next two closest years were 2008 and 2004, when regulators approved just 89 and 68 significant rules during the first nine months. In other words, the White House has approved 25 percent more significant regulatory action than any comparable period since 1996.