Today the House of Representatives passed the Regulatory Accountability Act, H.R. 3010, by a vote of 253-167. No Republicans voted against it; 19 Democrats voted for it. The general expectation is that the bill will not advance in the Senate, and the White House has threatened a veto if it does, so the ultimate fate of the legislation will likely turn on the results of the 2012 elections.
This post was originally published on the legacy ABA Section of Administrative Law and Regulatory Practice Notice and Comment blog, which merged with the Yale Journal on Regulation Notice and Comment blog in 2015.