"President Biden last night signaled he would take a bold approach to federal regulations — giving some hope to the progressive wing of his party.
He signed a memo called 'Modernizing Regulatory Review,' which states that regulations are critical to fighting tangible problems.
'Our Nation today faces serious challenges, including a massive global pandemic; a major economic downturn; systemic racial inequality; and the undeniable reality and accelerating threat of climate change,' the memo reads.
While Biden is keeping in place the basic structure of regulatory review — including cost-benefit analyses loathed by progressives — he summoned the Office of Management and Budget to create procedures to ensure 'regulatory initiatives appropriately benefit and do not inappropriately burden disadvantaged, vulnerable, or marginalized communities.'"
Kelsey Brugger reports for E&E News January 21, 2021.
SEE ALSO:
"Modernizing Regulatory Review" (White House)
"Biden Orders Sweeping Review Of Trump Regulations" (E&E News)
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