As a businessman, I know firsthand that the private sector and not the government drives the economy. The keys to economic growth are job and wage growth, which is why I am committed to creating jobs and getting the government out of the way of business, which will lead to higher wages and a stronger economy.
Through my experience running businesses, I understand how government regulations negatively impact both businesses and consumers. As we have seen under the Obama Administration, unnecessary and misguided regulations strangle job growth and lead to higher prices paid by consumers of the affected industry. This type of bureaucratic red tape overreach slows down the economy, slows the job market and costs the American people billions of dollars.
Many presidents enact last minute regulations in the final months and days of their final term that are not properly vetted to assess the impact on stakeholders. These are often referred to as “midnight regulations” and are typically extremely political actions that the Administration has not been able to produce any type of consensus. The Congressional Review Act (CRA), which became law in 1996, was designed to ensure oversight of the executive branch and responsible government.
I am a strong proponent of the Constitutional role of congressional oversight of the executive branch as a way of preserving the separation of powers. I support the use of the CRA as a way to rollback excessive regulations enacted by federal departments without Congress’ approval.
I was proud to cast two of my first votes in favor of H.R. 21, the Midnight Rules Relief Act and H.R. 26, the Regulations from the Executive in Need of Scrutiny (REINS) Act. These bills both passed the House by votes of 238-184 and 237-187 respectively. Together, they will start to release the stranglehold on our economy and help put people back to work by requiring greater Congressional oversight of executive branch actions. Both the Midnight Rules Relief Act and REINS Acts have been referred to the U.S. Senate for further consideration. I will continue to follow both bills as they move through the legislative process.