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Washington, DC 20001

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  • Local 202.783.3870
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Blog

CFPB Anti-Arbitration Rule Gives Millions to Class Action Lawyers, Leaves Consumers in the Dust

The Consumer Financial Protection Bureau (CFPB) hit a new low this month when they proposed a new rule that directly harms those that the CFPB was created to protect: the consumers. The proposed regulation would place severe restrictions on the use of arbitration in settling disputes, forcing consumer suits out of arbitration and into class action litigation. The studies and arguments the CFPB attempted to use in the proposal indicate that the CFPB is aware that it is harming consumers while padding the pockets of class action attorneys.

05/18/2016
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Blog

Bill's Not Just a Bill. And He's Not Just Sitting Here on Capitol Hill.

As the "drop dead date" for Obama administration regulations draws near, we are expecting a flood of "midnight regulations." Regulatory agencies, in an eleventh-hour attempt to pass new rules before the start of the next administration, will make a huge push in ushering in new proposals. In preparation for this regulatory outburst, we have provided a brief guide explaining how proposed rules become regulations.

05/16/2016
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Blog

With Seven-Day Extension, Obama Midnight is Dark and Full of Regulatory Terrors

The "drop dead date" for federal regulations is fast approaching and we are expecting more overreaching proposals. This is the last date that proposed rules can be finalized by the Obama administration, without fear that the next President will overturn them under the Congressional Review Act. Regulatory agencies are expected to release a flood of regulations before this date. This regulatory outburst, first noted in the final days of the Carter Administration, is known as "midnight regulations."

05/16/2016
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Blog

SEC Celebrates Small Business Week, Releases Another Novel of Regulations

Just in time for Small Business Week, the SEC issued a 341-page concept release on disclosure requirements. Their generous gift of rambling, redundant Small Business Week reading material is accompanied with 340 pages of specific requests for comments. Unfortunately, the SEC forgot that every great novel needs a cover, so we provided them with the one pictured above.

05/12/2016
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Blog

London Whale-Sized Regulations on Wall Street Pay

Financial regulators released a 279-page proposal that would set parameters around how and when Wall Street Executives make their money. The proposal, mandated by the Dodd-Frank Act, is a five-year project spanning across six regulatory agencies.

05/11/2016
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Press Release

FDA Overreaches with E-Cigarette Rule

Following the release of the Food and Drug Administration’s deeming rule that would subject e-cigarette manufacturers to potentially devastating regulations, FreedomWorks CEO Adam Brandon commented:

05/05/2016
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Blog

Comcast Strikes Deals with Samsung and Roku, Leaving FCC in the Dust

For quite some time now, the FCC has been trying to sell the idea of “opening” the set-top box as something innovative and beneficial for consumers. However, on the eve of the proposal’s filing deadline, Comcast and the free market have already moved well beyond the set-top box, into much more innovative territory. In two separate press releases this past Wednesday, Comcast announced new partnerships with Samsung and Roku to allow Xfinity streaming through the two platforms. Such partnerships demonstrate that, while the FCC ruling isn’t even official yet, they will essentially be obsolete on arrival. The set-top box is on its way out, and the market, not the FCC, is providing the alternative.

04/22/2016
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Blog

FEC Democrats Crack Down on Conservative Media, Threaten the Free Press

Freedom of the press isn’t so free when government officials vote to punish a filmmaker for distributing a documentary film. Revealing their bias against conservative media, the Democratic commissioners on the Federal Election Commission (FEC) voted to punish the maker of a film critical of Barack Obama, Dreams of My Real Father: A Story of Reds and Deception, earlier this year. The film that was distributed free prior to the 2012 election. Yesterday, Republican FEC Commissioner Lee E. Goodman, who has been warning of efforts by her Democratic colleagues to regulate conservative news sites, condemned their votes restricting the filmmaker’s speech, warning that:

04/19/2016
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Blog

Regulatory Dark Matter Leaves Congress in the Dark

In an April 19 report, Why Congress Must End Regulation by Guidance Document, the Competitive Enterprise Institute (CEI) warns us about the enormous impact of federal agencies’ sub-regulatory “guidance” documents, including a big negative effect on the economy and job creators. These guidelines, which can be as informal as a bulletin or press release, do not undergo formal notice and comment rulemaking procedures and are not legally binding in a strict sense, as the House Oversight Committee has noted. Nonetheless, they are used to make major policy decisions and, according to Senator Pat Roberts (R-Kan.), are “often as effective as regulations in changing behavior due to the weight agencies and courts give them.”

04/19/2016
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Blog

Federal Bureaucrats Stick Their Noses Into School Lunches

“School meals matter!” says the USDA’s guide for parents. The content of your child’s plate has been added to the long list of things that, according to the Obama Administration, must be regulated by the federal government. Those who are not convinced by the USDA’s less-than-compelling evidence that the government should dictate the diets of America’s schoolchildren should be prepared to pay a hefty fine. As if Common Core had not done enough damage to our children’s schools, the federal government is now planning to sic its bureaucrats on school cafeterias.

04/11/2016

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