Modernizing Regulatory Review
Orders Federal Agencies to Modernize Regulatory Review and Participation
What it does
Agencies must modernize regulatory review, expand public engagement, and OMB must revise Circular A-4 within one year to include equity and distributional impacts.
Real-world impact
- Expands opportunities for public comments and outreach to underserved communities.
- Requires regulators to assess equity and who benefits or bears burdens.
- Increases transparency by logging petitions and disclosing meetings with outside parties.
Topics
Summary
This order instructs federal agencies to modernize how regulations are reviewed and written. It updates the definition of "significant regulatory action" (including an economic threshold of $200 million) and directs the Office of Management and Budget to revise Circular A-4 within one year to recognize equity and distributional impacts.
The order also requires agencies to expand public participation—especially outreach to underserved communities—track and respond to petition requests, and increase transparency about meetings with outside parties.
Questions, answered
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- “How does this order change existing policy?”
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