Oversight and Regulatory Review: Blue Dogs send letter to heads of 12 major independent federal agencies

On January 18th of this year, President Obama issued Executive Order 13563 calling on every federal agency to review their regulations to ensure they “promote predictability and reduce uncertainty,” “take into account benefits and costs,” and “identify and use the best, most innovative, and least burdensome tools for achieving regulatory ends.”

However, independent agencies are not subjected to the executive order, and to date, only one has voluntarily implemented the requirement.

The Blue Dogs believe that overly burdensome and outdated regulations slow economic growth and impede job creation. That is why, today, members of the Blue Dog Coalition leadership sent letters to the heads of 12 major independent federal agencies requesting that they comply with the executive order and conduct an open and transparent regulatory review.

Click below for the full text of the letters.

Commodities Futures Trading Commission
Consumer Product Safety Commission
Federal Communications Commission
Federal Deposit Insurance Corporation
Federal Energy Regulatory Commission
Federal Housing Finance Agency
Federal Reserve System
Federal Trade Commission
International Trade Commission
National Credit Union Administration
Nuclear Regulatory Commission
Security Exchange Commission

The Task Force on Oversight and Regulatory Review is responsible for taking a look at the nearly 8,000 regulations issued annually by the federal government and for analyzing these new rules to ensure Congressional intent is appropriately followed. Under the leadership of Chair Ben Chandler (KY-06) and Vice-Chair Tim Holden (PA-17), the Task Force monitors implementation efforts, identifies overly burdensome regulations and seeks to modify rules problematic to job creation.

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