The House of Representatives recently voted 243-165 in favor of H.R. 26, known as “the Regulations from the Executive in Need of Scrutiny (REINS) Act,” which would require Congress to approve any rule deemed “major” by the administrator of the Office of Management and Budget’s Office of Information and Regulatory Affairs (OMB/OIRA).
Proponents of the act view it as a way of giving a voice to the American people regarding federal regulation, which has proven to be a consistently costly and burdensome matter. Read on to learn more about the bill, its supporters and its detractors.