The Consumer Federation of America (CFA) has issued a strong statement opposing the inclusion of any language from the Regulations from the Executive in Need of Scrutiny (REINS) Act in the current Budget Reconciliation bill. They argue that this proposed legislation threatens critical public health, safety, financial reforms, and worker protections, with a primary focus on benefitting corporations.
Source: Consumer Federation of America
Key Points
- The REINS Act threatens the enforcement of critical public health and safety safeguards.
- It would require Congressional approval for “major” rules, hurting the efficiency of regulatory agencies.
- The Act is seen as a way for corporations to evade accountability and safety requirements.
- It stands to obstruct many valuable rules already being developed by agencies like the EPA and FDA.
Why should I read this?
If you’re interested in how legislation can impact public safety and worker rights, this article is a must-read! The CFA highlights significant concerns about corporate influence over government regulation, which could affect us all. By staying informed, you can better understand what’s at stake and what actions might be necessary to protect essential safeguards.