Parsing the Proposals for Modernizing Regulatory Review
President Biden’s Executive Order 14094 “Modernizing Regulatory Review” introduces significant changes in how the Office of Information and Regulatory Affairs (OIRA) defines the economic significance of rules and approaches its public engagement. Explore the changes and potential impacts in our series below.
Event
On May 9, 2023, the Regulatory Studies Center and the Society for Benefit-Cost Analysis hosted panel discussions exploring the administration's proposals for Modernizing Regulatory Review. The morning panel featured administrators of the Office of Information and Regulatory Affairs (OIRA) from the Biden, Trump, Obama, Bush and Clinton administrations sharing perspectives and opportunities for making the regulatory review process more transparent, inclusive, and valuable to policy design. The afternoon panel brought experts in regulatory impact analysis at the federal level who explored in more depth the draft changes to Circular A-4.
Public Interest Comments
On Draft Circular A4, Behavioral Biases, and Discount Rates, J. Howard Beales III, June 5, 2023
Distributional Weights Should Be Dropped from the Draft Circular A-4, Mary Sullivan, May 31, 2023
Commentaries
Susan Dudley's analysis for Forbes digs deeper into definitional terms: Regulatory Review Revisited
April 13, 2023
Susan Dudley shares an initial take in Modernizing Regulatory Review Actions
April 7, 2023
Bridget Dooling introduces the EO and major themes for the Yale JREG Notice & Comment blog: White House Moves to Modernize Regulatory Review
April 6, 2023
Podcasts
April 26, 2023: What’s In the EO on Modernizing Regulatory Review? Mark Febrizio and Bridget Dooling unpack the highlights and discuss next steps in the proposal.
Additional Resources
- Executive Order 12866 of September 30, 1993
- Executive Order 14094 of April 6, 2023
- Request for Comments on Guidance Implementing 12866 Meeting Request Provisions of EO 14094
- Request for Comments on Revisions to Circular A-4
- Request for Comments on Revisions to Circular A–94
- Request for Nominations of Experts to Peer-Review Draft Guidance on Conducting Analysis of Federal Regulations
- Susan E. Dudley for Regulation & Governance (July 2020): The Office of Information and Regulatory Affairs and the Durability of Regulatory Oversight in the United States