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Hearing Hearing Date: July 18, 2018 2:00 pm 2154 Rayburn HOB

Regulatory Divergence: Failure of the Administrative State

Subject
Regulatory Divergence: Failure of the Administrative State
Date
July 18, 2018
Time
2:00 pm
Place
2154 Rayburn HOB
PURPOSE:
  • To identify challenges imposed by divergent regulatory standards and examine opportunities to harmonize regulations through enhanced coordination between the federal government, states, and private industry stakeholders.
BACKGROUND:
  • Over the past 30 years, the growth of federal regulations has imposed significant burdens on the American economy. Despite often seeking similar results, federal agencies impose divergent regulations on regulated entities that are duplicative, overlapping, or inconsistent.
  • States report government-wide duplicative or inconsistent regulation in compliance exercises. According to state officials, complying with overlapping federal audits yields inconsistent results with significant costs to state budgets and autonomy.
  • The private sector is offering solutions to harmonize divergent federal regulations with recommendations to improve coordination with regulated entities, develop a common regulatory framework, and standardize regulatory data.
Witnesses and testimonies: Mr. James "Bo" Reese

President, National Association of State Chief Information Officers Chief Information Officer, Office of Management and Enterprise Services, State of Oklahoma


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Mr. Christopher Feeney

Executive Vice President
Bank Policy Institute

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Mr. John Riggi

Senior Advisor, Cybersecurity and Risk
American Hospital Association

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Mr. Oliver Sherouse

Policy Analytics Lead, Program for Economic Research and Regulation
Mercatus Center

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Mr. Robert Weissman

President
Public Citizen

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