Updates / Regulatory Improvement


By / 6.23.2014

Treasury Secretary Jack Lew is testifying before Congress on Tuesday and Wednesday on the Financial Stability Oversight Council (FSOC). The FSOC is charged with identifying “systemically important financial institutions” (SIFIs) that could under certain circumstances pose potential threats to the financial system, and taking appropriate action to reduce that threat. Clearly, in the aftermath of […]

WASHINGTON—Progressive Policy Institute (PPI) President Will Marshall today joined Representatives Patrick Murphy (D-Fla.), Mick Mulvaney (R-S.C.) and a bipartisan group of House members to unveil major regulatory reform legislation based on a proposal by PPI to tackle regulatory accumulation, the harmful layering of new federal rules atop old rules year after year. The Regulatory Improvement […]

By / 2.13.2014

A Regulatory Improvement Commission would solve the issue of regulatory accumulation, the layering on year after year, of new rules atop old ones. The fundamental problem is not that government keeps creating new rules, but that it never rescinds old ones. As a result, U.S. businesses and entrepreneurs are enmeshed in an ever-growing web of […]

By / 10.31.2013

We at PPI believe that regulatory reform is an essential part of a high-growth, high-innovation economic strategy.  But regulatory reform is not a secret code word for less regulation. Rather, we are looking for better ways to accomplish essential regulatory goals. That’s why we have long supported the idea of a Regulatory Improvement Commission, a […]

By / 7.30.2013

Today Senators King and Blunt introduced the Regulatory Improvement Act of 2013, which “would create a Regulatory Improvement Commission to review outdated regulations with the goal of modifying, consolidating, or repealing regulations in order to reduce compliance costs, encourage growth and innovation, and improve competitiveness.” The framework for this new commission is modeled after PPI’s […]

In the Atlantic, Michael Mandel explains how the Federal Trade Commission’s looming antitrust settlement with the search giant shows that regulators can do their job without stifling innovation: The Federal Trade Commission seems ready to announce a settlement with Google today, bringing to a close a 20-month antitrust investigation. The settlement reportedly would avoid antitrust charges […]

By / 8.24.2012

This week the FCC concluded that “broadband is not being deployed to all Americans in a reasonable and timely fashion” in its eighth annual “Broadband Progress Report.”  It found 19 million Americans are still without fixed broadband access. But note the word ‘fixed’ – this conclusion doesn’t include mobile access. The FCC didn’t forget wireless […]

By / 8.22.2012

The FTC’s recent settlements with Google and Facebook raise an interesting question about how such regulatory run-ins can affect future innovation. The FTC fined Google $22.5 million for misrepresenting privacy assurances to users of Apple’s internet browser. And the FTC is requiring that Facebook obtain consumers’ express consent before sharing their information, maintain a comprehensive […]

By / 5.23.2012

Last month, Congress and the president passed major legislation (the Jumpstart Our Business Startups (JOBS) Act) aimed at making it easier for start-ups and small businesses to gain better access to capital. It was one of the few bills passed in the last year that wasn’t born out of crisis or in the shadow of […]

By / 4.2.2012

The late economist Mancur Olson would have been a fan of Jonathan Ames. Ames is the creator of the HBO series Bored to Death as well as the eponymous protagonist, an aspiring novelist who moonlights as a private investigator. Olson may have enjoyed the ensuing hijinks, but he would have seen a larger economic lesson […]