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Regulatory Regime Analysis

Decent Essays

(Video 2)Today regulatory regime has changed and evolved from its historical roots. Taking a look at these historical roots one can see that every since the 60’s/70’s Congress has been delegating a majority of is legislative authority through the federal agency. Which is shown when vague or even bord laws enable Congress to get credit for addressing problems but then leave a variety of important details to other agencies to deal with. This sometimes can lead to an outcome where the mistakes and risk rest on the shoulder of those agencies, the economy, and American job creator. Allowing Congress to escape any accountability. Finally, in 1994 there was an attempt to address this problem with the congregational review act. This act attempted

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