This week in regulation
Fresh off a two-week spring break, Congress returns this week to tackle a full slate of regulatory issues spanning the environment, the financial sector and the rulemaking process itself.
On Monday: Members of the House Committee on Transportation and Infrastructure are scheduled to hold a field hearing in Altoona Pennsylvania looking at proposal from the Environmental Protection Agency (EPA) and the Army Corps of Engineers to tighten regulations for stream crossings of natural gas collector lines. The issue is tied to the EPA’s contentious “waters of the United States” rule, through which the agency is seeking to bring smaller lakes and streams under its regulatory authority.
On Tuesday: Securities and Exchange Commission (SEC) Chairwoman Mary Jo White will detail her agency’s agenda and defend its fiscal 2015 budget request during a hearing before the House Financial Services Committee. The SEC is seeking a funding boost White says is necessary to help the agency enact and enforce a host of new rules drafted in accordance with the Dodd-Frank Wall Street reform law.
Also Tuesday: The House Energy and Commerce Committee’s subpanel on the Environment will delve into chemical regulation reform, via legislation offered by Rep. John Shimkus (R-Ill.) to overhaul the Toxic Substances Control Act.
On Wednesday: The House Committee on Oversight and Government Reform will examine the foreign policy implications of liquefied natural gas exports. Republicans have called on the Obama administration to ease the flow exports, and the issue has heated up in the wake of the unrest in Ukraine.
Also Wednesday: The Joint Economic Committee will convene a hearing entitled “The First Step to Cutting Red Tape: Better Analysis.” The hearing appears likely to center on federal agencies’ requirement to weigh the costs of regulations against their benefits before they are issued. Expected witnesses include Jay Timmons, president of the National Association of Manufacturers.
The Hill’s Regulation blog will be covering these and other issues throughout the week, so check back early and often for the latest. And send any comments, complaints or regulatory news tips our way, via email@example.com or firstname.lastname@example.org.