CEI fellow urges Democrats to pass REINS Act ahead of Trump presidency

Competitive Enterprise Institute (CEI) Fellow Ryan Young recently spoke with Bloomberg BNA about the incoming Trump administration's and Republican Congress’ potential to bring about regulatory reform.
 
“I have no idea what President-elect Trump thinks of [the Regulations from the Executive in Need of Scrutiny Act (REINS)],” Young said.

The REINS Act would slow the process of finalizing regulations that bear larger economic impacts. While Trump has vowed to reduce regulations and faces a presidency with his party in power in both houses of Congress, the Bloomberg BNA article pointed out that it is not yet clear whether he would support a measure that would reduce his own rule-making power.
 
In light of the power Trump stands to gain if the REINS Act is not passed, Young urged congressional Democrats to change their votes on the bill. Many of them have been opposed to it, as it would also have limited the executive powers of President Obama, who frequently used regulations and executive orders to get around an opposition Congress.

Now, Young frames the REINS Act as a good option for limiting the Trump White House in the coming years.