On November 9th, the White House finalized its revision of Circular A-4, the primary guidance on how federal agencies should assess the costs and benefits of regulations. This document plays a critical role in federal policymaking, and it had not been updated in two decades. The new guidance represents a major improvement over current practice and incorporates numerous changes that Policy Integrity has long recommended.
In October 2023, the Michigan Public Service Commission issued an order in the benefit cost analysis (BCA) matter for which we filed comments in June. The order adopts several of our recommendations, and specifically cites us for several of them.
In October 2023, the Federal Trade Commission (FTC) released a proposed rule that bans the use of “junk fees” in transactions including hotel reservations, vehicle rentals, and event ticket purchases. The proposed rule references Policy Integrity and our work more than a dozen times, including both our 2021 petition for rulemaking and our 2023 comment letter supporting the FTC’s authority to issue this regulation.
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