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H.R. 50 will: § close loopholes in UMRA and require more comprehensive cost estimates § extend UMRA requirements, including cost-benefit analyses, to independent regulatory agencies § codify principles of regulation in Executive Order 12866, as well as cost-benefit analysis, which were reaffirmed by President Obama in Executive Order 13563 § require agencies to conduct UMRA analyses, regardless of whether they issued a notice of proposed rulemaking, closing a loophole that allowed ...

Today, the House Oversight and Government Reform Committee examined ongoing limitations placed on information necessary to the oversight responsibilities of federal inspectors general and their staff.  Inspectors Generalthe Honorable Michael E. Horowitz (DOJ), theHonorable Arthur A. Elkins, Jr. (EPA), and Ms. Kathy A. Buller (U.S. Peace Corps) testified during the hearing that despite clear ...