I appreciate the arguments that were made by the Senator. But drawing the distinction with Congress, he is dealing with legislation. With a regulatory agency, you are dealing with regulations. It may be that that regulatory agency is then, through those regulations, carrying out the will of Congress as established in that legislation. Also, I know that Senator Roth, chairman of the Governmental Affairs Committee, will be holding hearings on regulatory relief to determine if, in fact, there are some areas in which we should be making modifications. But I do not believe that, by saying what the Senator may be describing as a problem with the regulatory process, we, therefore, should make sure that Congress also follows that same process. S. 1 is a process to give us accountability. Again, I believe that it will give us the information that we need up front, so that we can have these sort of meanings full discussion and not preclude that sort of discussion by agreeing to the Senator's amendment as proposed.
Editor's note · Context
Discussing regulatory processes and accountability in relation to proposed legislation.
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