Update 2/2/17: House Republicans began debate Wednesday on a measure to rescind rules designed to protect streams. The House also approved a CRA resolution undoing an SEC rule issued under the Dodd-Frank Act that “requires oil, natural gas and mineral developers to file more detailed financial information.”
The National Association of Manufacturers (NAM) issued its support for legislation to be considered by Congress that would support repeal of several onerous regulations—all of which were implemented in the final weeks of the previous presidential administration. Under the Congressional Review Act, resolutions of disapproval will be issued on the following regulations: the Department of the Interior’s stream protection rule, the Department of Labor’s blacklisting rule and the Bureau of Land Management’s methane rule. The House is expected to introduce and vote on all three of these resolutions this week.
“Manufacturers saw a number of ‘midnight regulations’ handed down in the final days of an administration notorious for adding duplicative and unnecessary regulations over the past eight years. Many of these regulations seriously impact the success and growth of manufacturers in the United States,” said NAM Senior Vice President of Policy and Government Relations Aric Newhouse. “This week, the House will take an important step toward peeling back some of these burdensome regulations and, in doing so, help manufacturers succeed in a very competitive business environment.”
A recent NAM study found manufacturers face 297,696 restrictions on their operations from federal regulations.
Learn more about the NAM’s efforts on regulatory reform here.