Capitol Washington DC

INSIDE WASHINGTON: Regulatory reform bill advances in Senate

Senate committee approves bill to make federal regulations smarter and more effective to provide certainty to businesses and consumers.

In the new age of regulatory scrutiny, the Senate is working on a bill designed to make sure federal agencies balance regulatory costs and benefits when developing new rules or changing existing regulations and to provide stakeholders with more opportunity to get involved earlier in the regulatory process.

The federal regulatory process hasn’t been reformed significantly in 70 years; the proposed changes to the Administrative Procedure Act (APA) would increase accountability and

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