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Just dropped · Trial Balloon · Ep. 192

November Surprises

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Trial Balloon · Ep. 192: November Surprises

How Trump May Unwittingly Tie His Own Hands

January 9, 2017 · 9:38 am ET · Leave a Comment

James Hohmann: “The Congressional Review Act is such an incredibly powerful tool that it has only been used once in the two decades it has been on the books. In the next couple months, it will probably be used about half a dozen times… Somewhere around 150 rules finalized by the Obama administration – going as far back as last June – could be overturned under the CRA, if Congress passes a ‘joint resolution of disapproval’ and the new president signs off.”

“High on the chopping block: Regulations which would curb methane emissions from the oil and gas sector, prohibit coal-mining companies from engaging in activities that permanently pollute streams used for drinking water and increasing the salary threshold below which employees are entitled to overtime pay…”

“But here’s the rub: the executive branch may never again be allowed to regulate on these subjects if the Congressional Review Act is employed. It is hard to overstate what a big deal that is and how much it raises the stakes. If the overtime rule gets rescinded, for example, any new overtime requirements would need to pass Congress. If you know anything about the Hill, you know that will happen – when pigs fly…”

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