U.S. Sen. Rand Paul, R-Kentucky, introduced a bill that would require any new regulation proposed by an executive branch department or agency to be approved by Congress if it is projected to cost $100 million or more to implement.
The bill, “Regulations from the Executive in Need of Scrutiny Act of 2021” (REIN), with 24 Republican cosponsors, was introduced after President Joe Biden on his first day in office signed an executive order to repeal deregulation efforts implemented by the previous administration.
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