Mr. Chair, I yield myself such time as I may consume. Mr. Chairman, I would like to point out that independent agencies need oversight as much as any other agencies. They already submit regulatory products to the Office of Management and Budget and the Office of Information and Regulatory Affairs, OIRA, including information collection requests under the Paperwork Reduction Act. The Administrative Conference of the United States has recommended greater oversight of independent agencies for decades. The American Bar Association did the same in 1990 and reaffirmed the need in 2016 saying: ``We strongly urge you to bring the independent regulatory commissions within the requirements for cost-benefit analysis and retrospective review of rules currently reflected in Executive Order 12866 and Executive Order 13563.'' I want to point out that both of these executive orders were promulgated by Democrat Presidents. In 2011, Sally Katzen, OIRA Administrator under the Clinton administration, urged expanded oversight of independent agencies. She wrote: ``Our concern is that independent agencies are not typically engaged in the analysis that has come to be expected as a form of governmental best practices for regulatory agencies.'' This bill simply requires independent agencies to undertake the same cost-benefit analysis and reporting requirements as other regulatory agencies. There is no threat to their independence. Mr. Chairman, I yield 3 minutes to the gentleman from Texas (Mr.…
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