Why it matters: Regulations that protect consumers, borrowers and the environment improve the quality of life for all Americans. They ensure we have safe food to eat, access to credit at fair rates and clean air to breathe. We grant the government the ability to make these regulations; but in doing so, we entrust the government to make sensible regulations that do not encroach on our freedoms. Likewise, we expect regulators to take the economic impact of rules into consideration. Overbearing, excessive regulations take farmers away from tending to their crops, slow the lines at manufacturing plants and sap resources that could otherwise be put toward hiring more Americans.
Where I stand: We have made great strides toward restoring commonsense to the regulatory process and correcting the mistakes caused by heavy-handed and harsh overregulation. While it is promising to see that the Trump administration has taken steps to rollback detrimental, poorly-drafted regulations that hinder economic growth, that does not absolve Congress from reforming the process. That is why I support legislative efforts to fix the problem, including the REINS Act, which aims to create additional layers of approval for every new “major rule” proposed by the Executive Branch.
Congress must continue to act as a check on regulations authored by the Executive Branch to ensure that it does not overstep its authority. I am committed to efforts to repeal the most misguided rules while working to reassert Congress’s legislative authority to protect against heavy-handed regulators.