In a notable display of authority over independent regulatory agencies (such as the Federal Reserve, the Federal Communication Commission and others), President Obama issued an executive order earlier this month informing such agencies that they “should” follow certain executive guidelines in order to make “wise” regulatory decisions.
The executive order directs these agencies to promote presidential goals in their policy making, increase public participation in their decision making, retrospectively analyze existing rules, and release their analyses of these rules online. For more informationa and good comment, see RegBlog post.
The executive order directs these agencies to promote presidential goals in their policy making, increase public participation in their decision making, retrospectively analyze existing rules, and release their analyses of these rules online. For more informationa and good comment, see RegBlog post.
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