Regulation

Child Labor Regulatory Rollbacks 

Executive Summary  1. A tight labor market has caused business leaders to seek child labor to fill the gaps.   2. States are following a trend to roll back regulations on child labor.   3. Safety risks and poverty risks endanger children.   Introduction   In 1938, Congress passed the Fair Labor Standards Act to stop companies from using … Continue reading

Regulation

Two Sides of the Same Coin: A Comparison of Different Perspectives on Recent Bank Failures

Executive Summary  1. Silicon Valley Bank’s (SVB) failure was caused by the largest bank run in American history with a total of $42 billion in deposits withdrawn in less than 24 hours.   2. The failure of SVB and subsequentially, Signature Bank, marks one of the first true stress tests to the United States (U.S.) financial … Continue reading

Regulation

The Potential Revision of NEPA Could Lead to Millions of Dollars Saved on Federal Projects 

EXECUTIVE SUMMARY  INTRODUCTION  On Tuesday, February 28, 2023, The House Committee on Natural Resources held a hearing to discuss the “Building United States Infrastructure through Limited Delays and Efficient Reviews (BUILDER) Act of 2023”. The BUILDER Act aims to increase efficiency through permitting reform by reducing repetitive and lengthy processes while focusing on environmental protection … Continue reading

Regulation

Searching for Common Ground between Energy Security and Environmental Justice 

EXECUTIVE SUMMARY The Committee on Energy and Commerce held a hearing on February 7, 2023, titled Unleashing American Energy, Lowering Energy Costs, and Strengthening Supply Chains. During this hearing, the committee discussed 17 proposed bills. Several bills aim to remediate shortages and high prices by addressing the importance of American energy by creating waivers to … Continue reading

Regulation

Is the FCC correctly expanding its role or overreaching for power?

Executive Summary  On January 23, 2023, the Federal Communications Commission released a proposed rule that would change data breach laws. While the FCC has long regulated Consumer Proprietary Network Information (CPNI) at the direction of Congress in Section 222 of the Communications Act of 1996, the Commission now seeks to expand its role and increase … Continue reading

Regulation

FTC Restitution Authority Under Review this Supreme Court term

Congress has laid out three clear paths for Federal Trade Commission (FTC) enforcement actions. First, the FTC has authority to promulgate rules making particular “unfair or deceptive acts or practices” unlawful.[1] If the FTC can establish in federal court that a business knowingly violated such a rule, with actual or constructive knowledge, the FTC can … Continue reading

Politics / Regulation

The Future of Regulations Suspended During COVID-19

The COVID-19 pandemic has resulted in many agencies suspending their regulations to assist both the economy and public health.[i] The pandemic and economic stagnancy have drawn attention to the undue burden that many regulations place on growth and development.[ii] Many have wondered how necessary various regulations are, and whether they should endure after the pandemic … Continue reading

Healthcare / Regulation

How to Lower Health Care Costs: A Webcast from The Hamilton Project

The goal of this webcast, held on March 10, 2020, was to explore how competition, regulation, and reduced administrative expenses can help lower health care costs, strengthen the health care sector, and drive economic growth in the United States. In the United States health care sector, administrative costs are high and competition is generally low— … Continue reading