Senators Seeking to Delay, Water Down Wall Street Rules

By: Monday September 10, 2012 11:02 am

There has been a multi-stage reaction from Wall Street to the prospect of financial regulation, ever since the crash necessitated the need for the political class to act like they were doing something to rein in the financial sector. First the banks tried to water down the legislation which eventually became Dodd-Frank. Then they used [...]

Portman Conspiracy Theory Neglects Fact That Obama Administration Has Consistently Dragged Feet on Regulations

By: Friday August 17, 2012 12:55 pm

Spurned VP candidate Rob Portman has an opinion piece in the Wall Street Journal today arguing that the Obama Administration has delayed regulations from taking effect until after the 2012 elections, when the hellfire will come down and the jackbooted thugs at the EPA will force us to stop using our smart phones and eat [...]

Cass Sunstein’s Legacy of Distributing Industry Attacks on Regulation Inside the White House

By: Thursday August 9, 2012 1:54 pm

Just to show what a bullet we may potentially dodge with Cass Sunstein out of government, consider this postscript to his career: The outgoing White House regulations chief circulated industry attacks on proposed smog standards among high-level advisers to President Obama, emails released to The Hill through a FOIA request show. Cass Sunstein, the regulatory [...]

Great News: Cass Sunstein Leaving Government

By: Friday August 3, 2012 10:10 am

Regardless of what happens in November, we are guaranteed to have a much more functional federal government in the near future. That’s because Cass Sunstein is taking his boot off the neck of the federal regulatory state and leaving government. I couldn’t be happier. Cass Sunstein, a top adviser to President Obama who functions as [...]

Administration Meets With Industry Trade Reps Moments After Announcing Interagency Group on Fracking

By: Friday April 13, 2012 2:19 pm

I mentioned earlier today that the President issued an executive order to create an interagency working group to oversee hydraulic fracturing, the process used in extracting natural gas. This order creates no regulations on fracking on federal lands, or on the development of environmental and public health standards associated with fracking generally. It just coordinates [...]

The Administration’s Muzzling of the FDA

By: Tuesday April 3, 2012 8:22 am

Gardiner Harris paints a very one-sided picture of an FDA desiring to use its regulatory power and a White House dedicated to constraining them. When you look at the results, however, either some FDA officials are trying to tell their side of the story, or the article is dead-on about the White House’s love affair [...]

Cass Sunstein’s OIRA: The Most Powerful Regulation-Smiting Agency You’ve Never Heard Of

By: Tuesday November 29, 2011 1:38 pm

NPR pulled back the curtain yesterday on OIRA, the backwater office of regulatory affairs that holds an effective veto over any regulations promulgated by the Administration. The report found that throughout the Obama Administration, the office has altered more regulations coming to them from federal agencies than the Bush Administration ever did. There are a [...]

Cass Sunstein’s Regulatory Cost-Cutting Plan

By: Tuesday August 23, 2011 10:15 am

In my previous item I mentioned that new regulations to improve the nation’s food safety were threatened by funding cuts. But the candle is being burned at both ends. While regulatory agencies struggle to carry out their mandates with underfunded budgets, the mandates themselves are being curtailed by a White House-led effort to trim regulations. [...]

The View from the Grandstand: House Hearings Get Underway in Earnest

By: Thursday January 27, 2011 7:00 am

Yesterday definitely felt like a kickoff to House Republicans using the committee hearing process for their own ends. I wrote about the hearing in the Oversight Committee, where Darrell Issa tackled TARP and the foreclosure crisis. Issa stumbled a bit trying to say that banks should be broken up, but also, not: “I’m not for [...]

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