The number and cost of federal regulations increased substantially in 2015, as regulators continued to tighten restrictions on American businesses and individuals. The addition of 43 new major rules last year increased annual regulatory costs by more than $22 billion, bringing the total annual costs of Obama Administration rules to an astonishing $100 billon-plus in just seven years.
The U.S. Food and Drug Administration (FDA) released its final rule on the traceability of high-risk foods on 21 November 2022. The regulations, to be codified at 21 C.F.R. part 1,.
The FDA released its final rule on the traceability of high risk foods and expects the Traceability Final Rule to facilitate the efficient recall of high risk foods during a foodborne illness outbreak with certain data points to travel with foods from the farm to retail level.