G2TT
来源类型Perspectives
规范类型论文
DOIhttps://doi.org/10.7249/PE241
来源IDPE-241-RC
Inching Toward Reform: Trump's Deregulation and Its Implementation
Benjamin M. Miller; Frank Camm; Marjory S. Blumenthal; Jesse Lastunen; Kenneth W. Miller
发表日期2017
出版年2017
页码20
语种英语
结论

The Regulatory Budget Offered on EO 13771 Is Unlikely to Fully Address Proponents' Concerns

  • While it does seek to reduce costs, it does little to address proponents' concerns that bureaucracies have tended to overestimate benefits and underestimate costs.
  • The EO does provide a mechanism for requiring regulators to prioritize between alternative regulations, but the process regulators will likely use to make those decisions is the same process that proponents of regulatory budgets argue is biased.

Much Work Remains to Successfully Address the Issue of Organizational Culture and the Ways in Which That Culture Is Likely to Influence the Implementation of a Regulatory Budget

  • While aspects of reform, such as the call for retrospective analysis in EO 13777, can be a key part of instituting the cultural changes necessary to make a regulatory budget effective, the "two-for-one" approach of EO 13771 reinforces a regulatory mindset that focuses on which regulations to cut rather than how to most efficiently reduce regulatory burden.
  • Without further changes in guidance, regulators are unlikely to focus on the kinds of changes in how to regulate that have accounted for most of the cost savings generated by the UK's regulatory budget.
摘要

The early days of President Donald Trump's administration were characterized by a burst of activity meant to roll back regulation, including Executive orders (EOs) to regulate the U.S. financial system, enforce a regulatory reform agenda, and reduce regulation while controlling regulatory costs. These reforms, particularly EO 13771, can potentially affect every part of the economy touched by federal regulation through the Office of Management and Budget's (OMB's) annual review of regulation. This Perspective considers how well EO 13771 addresses the concerns of those who have long supported regulatory reform and how agencies and OMB might best face the challenges and opportunities associated with implementing regulatory reform.

主题Banking and Finance Legislation ; Market Regulation
URLhttps://www.rand.org/pubs/perspectives/PE241.html
来源智库RAND Corporation (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/112534
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Benjamin M. Miller,Frank Camm,Marjory S. Blumenthal,et al. Inching Toward Reform: Trump's Deregulation and Its Implementation. 2017.
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