Regulations from the Executive in Need of Scrutiny Act of 2024

Bill 118 s 5082, also known as the Regulations from the Executive in Need of Scrutiny Act of 2024, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to increase congressional oversight over federal regulations issued by executive branch agencies.

Under this bill, any regulation that has an economic impact of $100 million or more would be subject to congressional approval before it can take effect. This would require the executive branch to submit the regulation to Congress for review and approval, ensuring that elected representatives have a say in major regulatory decisions.

Additionally, the bill includes provisions to expedite the review process for regulations deemed to be "high-impact" or "major." This would allow Congress to prioritize its review of regulations that have significant economic or social implications. Supporters of the bill argue that it would help to restore the balance of power between the executive and legislative branches, ensuring that regulations with major impacts are subject to democratic scrutiny. Critics, however, raise concerns that the bill could slow down the regulatory process and hinder the ability of executive agencies to respond quickly to emerging issues. Overall, Bill 118 s 5082 aims to increase transparency and accountability in the regulatory process by giving Congress a greater role in reviewing and approving major regulations issued by the executive branch.