On the recordMay 19, 2014
Federal agencies now have virtually unfettered discretion to expand their regulatory control through a designation process that is opaque, secretive, vague, open-ended, and highly subjective.
Source
congress.govJeb Hensarling: “Federal agencies now have virtually unfettered discretion to expand their regulatory control through a designation…”
Editor's note · Context
Hensarling describes the lack of transparency in the regulatory process established by Dodd-Frank.
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