Host a recent wall street journal headline. Trump used a 1996 law to overturn obamaera regulations and biden aides hope to stop the republican from doing it again if he wins. The 1996 law that the wall street journal is referring to there is the Congressional Review Act. What is it . Why do we have it . Guest so the Congressional Review Act was enacted in 1996 as a way for congress to retain oversight of federal regulation and so its kind of an ex pabssive expansive law. It can cover any regulation, the broadest definition of regulation that we have, under the administrative procedure act. And so when regulations are disapproved using the c. R. A. , agencies are barred from reissuing them in a substantially similar format and the regulation is taken off the books immediately. Host maybe we should start with what are regulations . Guest absolutely. Host and who promulgates regulations and what is that process . Guest so regulations effect your everyday life. Its making sure the bacon yo
You said we comment. So whats the last regulation that you commented on . Guest i actually commented on a Financial Crimes Enforcement Network regulation about antimoney laundering in residential real estate. I just thought it sounded interesting and it was a good way to practice using the bipartisan tools of regulatory analysis to assess these regulations and provide some feedback to the agency that they might not have considered. Host does the agency generally pull back a proposed rule after comments and make changes based on what people say . Or how often do they just say, thanks for the comments, and were going to go ahead with our rule anyway . Guest agencies are required to consider all of the comments that they receive and incorporate them into the final rules so youll see in the preamble of a regulation theres a long beginning of a regulation and it just talks about what the agencys trying to do and in final rules theyll explain the comments they received and what they did to r
Without objection the chairs authorized to declare recess at any time we welcome everyone to todays hearing on the weaponization of the federal government the chert not recognize the gentleman from kentucky mr. Matthew to lead us on the pledge of allegiance. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands one nation, under god, indivisible, with liberty and justice for all. Appreciate the enthusiasm. [laughter] will start with Opening Statements and then move into our witnesses the chert recognizes himself an Opening Statement. Big government was colluding with big tech to censor americans as the first thing we learn but now it is Big Government including a big banks and big business to spy on everything american spot, every place they go, everything they do. Big government once Financial Data at its full of Sensitive Information about you. Our investigation started fbi whistleblower came forward and talk to the committee he was
Without objection the chairs authorized to declare recess at any time we welcome everyone to todays hearing on the weaponization of the federal government the chert not recognize the gentleman from kentucky mr. Matthew to lead us on the pledge of allegiance. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands one nation, under god, indivisible, with liberty and justice for all. Appreciate the enthusiasm. [laughter] will start with Opening Statements and then move into our witnesses the chert recognizes himself an Opening Statement. Big government was colluding with big tech to censor americans as the first thing we learn but now it is Big Government including a big banks and big business to spy on everything american spot, every place they go, everything they do. Big government once Financial Data at its full of Sensitive Information about you. Our investigation started fbi whistleblower came forward and talk to the committee he was
Without objection the chairs authorized to declare recess at any time we welcome everyone to todays hearing on the weaponization of the federal government the chert not recognize the gentleman from kentucky mr. Matthew to lead us on the pledge of allegiance. I pledge allegiance to the flag of the United States of america. And to the republic for which it stands one nation, under god, indivisible, with liberty and justice for all. Appreciate the enthusiasm. [laughter] will start with Opening Statements and then move into our witnesses the chert recognizes himself an Opening Statement. Big government was colluding with big tech to censor americans as the first thing we learn but now it is Big Government including a big banks and big business to spy on everything american spot, every place they go, everything they do. Big government once Financial Data at its full of Sensitive Information about you. Our investigation started fbi whistleblower came forward and talk to the committee he was