Maintaining their push to take authority away from regulatory agencies, House Republicans on Thursday passed a long-sought bill that would require both chambers in Congress to approve any major new rule within 70 legislative days for it to take effect. The party-line vote was 237-187.
The Regulations from the Executive in Need of Scrutiny Act (H.R. 26), a bill pursued for several years and re-introduced in the first week of the 115th Congress by Rep. Doug Collins, R-Ga., would apply to rules deemed to impose $100 million or more in economic impact. The concept has long divided the parties as well as consumer and business groups.
