Congressman Gerry Connolly joined administrative law Professor Sidney Shapiro, Vincent Siciliano, president and CEO, New Resource Bank and Public Citizen President Robert Weissman on a lively and illuminating teleconference call to present the threats posed by the Regulatory Accountability Act and two other deregulation bills that will soon be voted on in the House of Representatives. The call was organized by the Coalition for Sensible Safeguards.
All the speakers were engaging and enlightening. So much so, that a couple of reporters who were on the call actually contacted me just to say thanks for putting together such an interesting and informative session. That was a first.
So instead of giving further descriptive prose on the call, I’ll let my colleague and boss, Angela Bradbery, take it from here, via her live Tweeting:
We r facing terrible trifecta of legislation pushed by Chamber, big biz @Public_Citizen prez Robert Weissman says at telepresser.#regulations
Anti-reg bills won’t create jobs, will make us less safe, Weissman says.
@GerryConnolly says anti-regs bills coming 2 floor are anti-enviro, anti-health. #regulations
@GerryConnolly says #REINS Act would halt regulatory process, no agencies would B able 2 issue safeguards #regulations
@GerryConnolly explains why #RAA would hamstring federal rules. This “assault on #regulations” is “perverse”
@GerryConnolly says he is introducing amendment to exempt health, enviro rules from bad regs bills #regulations
No empirical evidence that regs hurt jobs. In fact #wallstreet crash was caused by lack of #regulations, Weissman says.
#Dodd-Frank caused “positive sea change” in consumer banking, Vincent Siciliano, prez of New Resource Bank sez on telepresser
“I’m grateful for the change in those #regulations” bank exec Siciliano says
center for progressive reform’s Sidney Shapiro says anti-regs bills R “truly radical,” would b costly 4 agencies, would create more delays
Shapiro says rulemaking process already features lengthy checklists, business lobbyists have plenty of access 2 regulators
Shapiro says there is a “trojan horse aspect 2 these bills” #regulations
Shapiro says anti-reg legislation would overrule 25 health & safety laws. #regulations
Shapiro says #regulations increase employment #jobs
Shapiro effectively debunking corporate arguments against #regulations
@HuffingtonPost asks if idea is 2 make process more complex, difficult. @GerryConnolly answers yes.
@GerryConnolly notes that a longer process increases uncertainty. Industry wants 2 know what #regulations R coming
Shapiro notes that if U make it 2 burdensome for agency 2 marshal evidence, we won’t have protections
@GerryConnolly: anti-reg bills R “early Xmas present 2 the #Koch Bros who made this #Congress possible.” #regulations
BNA asks chances of bills’ passage. @GerryConnolly praises laws of inertia
@Public_Citizen prez Robert Weissman points out concern abt anti-reg bills being tacked onto budget bills. #regulations
On Twitter you can follow Angela @citizenangela
Public Citizen is @Public_Citizen
and I tweet about the war on #regulations @RegsRock