Rep. Andy Biggs on Modernizing Regulatory Review with Technology
Forbes Breaking NewsJune 7, 20255 min598 views
16 connections·23 entities in this video→Modernizing Regulatory Review Act (HR67)
- 💡 Representative Biggs champions HR67, the Modernizing Retrospective Regulatory Review Act, which aims to cut red tape and support American businesses.
- 🎯 The bill proposes using modern tools, including artificial intelligence, to help agencies identify and remove obsolete or conflicting regulations more efficiently.
- 🔑 This initiative builds upon President Trump's deregulatory agenda, focusing on restoring accountability and unleashing economic opportunity.
Concerns Regarding HR67
- ⚠️ Representative Lynch expresses reservations, stating he cannot support the bill in its current form due to potentially onerous new requirements for agencies.
- 🧐 The bill's mandate for agencies to submit detailed plans for retrospective review and to implement them quickly is seen as a potential burden.
- ⚖️ Lynch suggests the bill could grant agency heads open-ended authority to review regulations beyond statutory requirements, potentially diverting resources from rule creation.
The Role of Retrospective Review
- 📈 Many agencies are already mandated to conduct periodic retrospective review of existing regulations.
- ⚙️ Congress must ensure that agencies effectively review current regulations as the regulatory state expands.
- 📄 The bill seeks to improve the process by making agency regulations available in a machine-readable format and using technology for review.
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Transcript21 segments
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What’s Discussed
DeregulationAmerican BusinessesRegulatory ReviewHR67Artificial IntelligenceRed TapeTrump AdministrationOffice of Information and Regulatory Affairs (OIRA)Machine-Readable FormatAdministrative Process
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