Senate Hearing: Reviewing the Office of Information and Regulatory Affairs (OIRA)
January 1, 2018
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The Frame
The hearing examines how federal agencies manage the creation and removal of regulations, which directly impacts the compliance costs and procedural requirements imposed on businesses and the public.
Potentially affected actors named in the source documents. Mention is not a position.
Federal Agencies
Agencies must comply with OIRA review processes and executive orders regarding the removal and cost-offsetting of regulations.
U.S. Department of Treasury
The department operates under a specific exemption from OIRA oversight, which was a subject of review during the hearing.
Last recorded activity January 1, 2018.
Next step not available in the current record.
Summary
Key Facts
- OIRA was created by Congress in 1980 to review proposed federal regulations.
- OIRA is responsible for ensuring agencies perform cost-benefit analysis and public consultation.
- A presidential Executive Order issued in 2017 requires agencies to remove at least two regulations for every new one issued.
- The 2017 Executive Order mandates that new regulatory costs must be offset by the removal of existing regulatory costs.
- The Treasury Department maintains a longstanding exemption from OIRA's regulatory oversight.
- The hearing took place on April 12, 2018, in the Dirksen Senate Office Building.
Frequently Asked Questions
What is OIRA?
Why was the Treasury Department mentioned in this hearing?
What is the 'two-for-one' rule mentioned in the hearing?
Why It Matters
The hearing examines how federal agencies manage the creation and removal of regulations, which directly impacts the compliance costs and procedural requirements imposed on businesses and the public.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Regulatory Offset Policy
The hearing highlights the 2017 shift toward a 'two-for-one' regulatory removal policy, marking a significant change in how federal agencies manage their regulatory burden.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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