By Megan R. Wilson - 01/31/13 06:00 PM EST
The committee will have purview over administrative practices for federal regulations, judicial review of actions by federal agencies and government fraud and abuse.
Sen. Orrin Hatch (R-Utah) will be the ranking member of the subcommittee. Other members include Sens. Patrick Leahy (D-Vt.), Amy Klobuchar (D-Minn.) and Jeff Flake (R-Ariz.).
Obama has also signaled that he will use his executive powers aggressively in his second term, which could lead to a barrage of new rules from across the federal government.