Rep. Kristi Noem today helped lead the House in passing H.R.26, the Regulations from the Executive in Need of Scrutiny Act (REINS Act).  Cosponsored by Noem, the legislation requires federal agencies to submit major regulations, those costing more than $100 million in economic impact, to Congress for approval.  It also guarantees timely up-or-down votes on these rules, as Congress must act within 70 legislative days.

“Many people are feeling financial pressure from all sides – costs are going up but job opportunities and wages are in decline,” said Noem.  “Much of that is due to the overzealous regulatory environment that’s come out of the Obama administration.  Things need to change and the REINS Act does just that.  With new safeguards that empower the American people to hold regulators accountable, I’m optimistic we can begin to lessen the regulation-induced pinch so many families feel today.”

With House approval, the legislation now heads to the Senate.

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