Insight
April 28, 2014
The Week Ahead in Regulation: April 28 to May 2
There is plenty afoot on the regulatory scene heading into this week. Congress is back in session after a two-week recess. More notably, there are a few significant regulations scheduled for publication.
IN CONGRESS
- On Tuesday, the House Financial Services Committee will hold an oversight hearing regarding the Securities and Exchange Commission’s budget for the upcoming fiscal year.
- Also on Tuesday, the House Energy and Commerce Committee will hold a mark-up session for a set of bills focused on energy issues. The bills include: H.R. 6, the Domestic Prosperity and Global Freedom Act, H.R. 2689, the Energy Savings Through Public-Private Partnerships Act, and H.R. 4092, the Streamlining Energy Efficiency for Schools Act of 2014.
- On Wednesday, the Joint Economic Committee will hold a hearing entitled, “The First Step to Cutting Red Tape: Better Analysis.” Former OIRA Administrator John D. Graham is one of the first witnesses.
REGULATIONS
- Today, the Environmental Protection Agency (EPA) published its final Tier 3 fuel standards rule. At nearly $14.5 billion in total costs, it is the most expensive rule to date in 2014. AAF reviewed its implications here.
- Tomorrow, the Department of Energy will formally publish a proposal for new energy efficiency standards in fluorescent lamps and incandescent reflector lamps. The total regulatory cost of the rulemaking approaches $13 billion.
- On Thursday, the Mine Safety and Health Administration will publish a rule seeking to limit exposure to coal dust. Although annualized costs are somewhat modest, at $28.1 million, the rule itself is massive. The pre-publication version is nearly 1,000 pages.