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SUSAN E. DUDLEY DIRECTOR GW REGULATORY STUDIES CENTER RESEARCH PROFESSOR TRACHTENBERG SCHOOL OF PUBLIC POLICY AND PUBLIC ADMINISTRATION Regulatory Reform.

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Presentation on theme: "SUSAN E. DUDLEY DIRECTOR GW REGULATORY STUDIES CENTER RESEARCH PROFESSOR TRACHTENBERG SCHOOL OF PUBLIC POLICY AND PUBLIC ADMINISTRATION Regulatory Reform."— Presentation transcript:

1 SUSAN E. DUDLEY DIRECTOR GW REGULATORY STUDIES CENTER RESEARCH PROFESSOR TRACHTENBERG SCHOOL OF PUBLIC POLICY AND PUBLIC ADMINISTRATION Regulatory Reform Past, Present, and Future

2 Budgetary Costs of Federal Regulation Adjusted for Inflation Source: Weidenbaum Center, Washington University and the Regulatory Studies Center, the George Washington University. Derived from the Budget of the United States Government and related documents, various fiscal years. 2

3 Views on regulation changing September

4 Procedural Reforms 4 Congressional accountability  REINS Act  Congressional regulatory oversight office Regulatory development  Moratoria  Regulatory Accountability Act  ANPRM  Public hearings  Judicial review Retrospective review  President Obama E.O  Regulatory PayGo

5 Decision Criteria 5 Analytical considerations  Nature, significance and priority of problem  Alternative remedies  Costs, benefits (direct & indirect)  Adopt least-cost approach  Small entity impacts OIRA Role  President Obama reinforced  Codify in legislation  Independent Regulatory Commissions


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