Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Trump Administration Pushes to Deregulate With Less Enforcement
David Fahrenthold RetweetedGood @learyreports story on Trumps deregulatory strategy.
Link to tweet
Trump Administration Pushes to Deregulate With Less Enforcement
Enforcement at the Consumer Financial Protection Bureau is down by 80% from its 2015 peak
By Alex Leary
Updated June 23, 2019 7:12 pm ET
CHICAGOPresident Trumps promises to reverse the regulatory actions of the Obama administration have been stymied by court challenges, but his administration is achieving the goal another way: by not hiring people to do the work of enforcing rules that are on the books.
At the Environmental Protection Agency, where staffing has fallen to Reagan-era levels, there were 10,600 inspections last fiscal year, down from nearly 21,300 at the height of President Obamas second term, and less than 60% of the annual average since 2001. Civil penalties and criminal prosecutions have hit the lowest levels in decades.
The Occupational Safety and Health Administration, which investigates and regulates workplaces for health and safety issues, has the fewest inspectors in decades, and intensive enforcement has trailed off. At the Consumer Financial Protection Bureau, created to crack down on unscrupulous small lenders and debt collectors, enforcement is down by 80% from its 2015 peak.
If you dont have the people, you stop inspecting, said Granta Nakayama, who oversaw EPA enforcement during President George W. Bushs second term. You just dont have enforcement. Its not rocket science.
Even so, there is growing dissatisfaction among business leaders over the administrations pace of rolling back actual regulations. Until regulations are eliminated, industry operators still must be prepared for inspections, even if they are less likely. And if Democrats retake the White House in 2020, a new president could easily ramp the rules back up and enforce those that remain on the books.
....
Timothy Puko contributed to this article.
Write to Alex Leary at alex.leary@wsj.com
Enforcement at the Consumer Financial Protection Bureau is down by 80% from its 2015 peak
By Alex Leary
Updated June 23, 2019 7:12 pm ET
CHICAGOPresident Trumps promises to reverse the regulatory actions of the Obama administration have been stymied by court challenges, but his administration is achieving the goal another way: by not hiring people to do the work of enforcing rules that are on the books.
At the Environmental Protection Agency, where staffing has fallen to Reagan-era levels, there were 10,600 inspections last fiscal year, down from nearly 21,300 at the height of President Obamas second term, and less than 60% of the annual average since 2001. Civil penalties and criminal prosecutions have hit the lowest levels in decades.
The Occupational Safety and Health Administration, which investigates and regulates workplaces for health and safety issues, has the fewest inspectors in decades, and intensive enforcement has trailed off. At the Consumer Financial Protection Bureau, created to crack down on unscrupulous small lenders and debt collectors, enforcement is down by 80% from its 2015 peak.
If you dont have the people, you stop inspecting, said Granta Nakayama, who oversaw EPA enforcement during President George W. Bushs second term. You just dont have enforcement. Its not rocket science.
Even so, there is growing dissatisfaction among business leaders over the administrations pace of rolling back actual regulations. Until regulations are eliminated, industry operators still must be prepared for inspections, even if they are less likely. And if Democrats retake the White House in 2020, a new president could easily ramp the rules back up and enforce those that remain on the books.
....
Timothy Puko contributed to this article.
Write to Alex Leary at alex.leary@wsj.com
https://twitter.com/learyreports
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 952 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (2)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Trump Administration Pushes to Deregulate With Less Enforcement (Original Post)
mahatmakanejeeves
Jun 2019
OP
Dennis Donovan
(18,770 posts)1. Kick and recommended!
Every move he makes is to preserve the oligarchy.
trev
(1,480 posts)2. And to dismantle the government in the process. nt
Blue_Tires
(55,445 posts)3. We've seen this story play out before
and once again I'll be most pissed off when those white folks in the rust belt find a way to blame Dems for their unbreathable air and undrinkable water...