U.S. Congressman Pat Tiberi (R-OH) issued the following statement following the vote on the REINS Act:
"Today I voted in favor of the Regulations from the Executive in Need of Scrutiny Act, or the REINS Act. The bill prevents any Executive Branch agency from adopting major rules without consultation with the legislative branch. Specifically, the bill would require Congress to take an up-or-down, stand-alone vote and for the president to sign-off on all new major rules before they can be enforced on the American people, job-creating small businesses or state and local governments. Major rules are those that have an annual economic impact of more than $100 million or more.
This bill is essential to restoring transparency and stability in the regulatory process by ensuring that decisions regarding major rules will be made by elected representatives in Congress who have been chosen by their constituents to represent their interests, not unelected bureaucrats. Regulations can be just as burdensome for small business as our complex tax system in the U.S., and just as our tax code is in need of reform, so is our regulatory system. Unless Congress acts with certainty and careful consideration of these major rules, this ambiguous regulatory process will only continue to make things more complicated for job creators."