Updated: The Congressional Review Act in 2017-2018

Last year, American Action Forum reviewed successful Congressional Review Act resolutions – that is, those resolutions passed by both houses of Congress and signed by President Trump. Since then, two more successful CRA resolutions have occurred. The table below is updated to include those regulations: the Arbitration Agreements rule from the Consumer Financial Protection Bureau (CFPB) and an auto lending guidance, also from the CFPB.

Regulation Agency Cost Industry Cost Paperwork Hours
Resource Extraction Issuers -$1.29 billion -217,408
Stream Buffer Rule -$1.2 billion -$29 billion -218,457
“Fair Pay and Safe Workplaces” -$872 million -$3.2 billion -2,171,320
Teacher Preparation Issues -$278 million -$718 million -732,289
Accountability and State Plans -$73 million -936,451
Resource Management Planning -1,965
Compliance with Title X Requirements -$0.02 million
NICS Improvement Amendments Act
Drug Testing of Unemployment Applicants
Non-subsistence Take of Wildlife
Accurate Records of Recordable Injuries -$1.9 billion
Protecting the Privacy of Consumers
Saving Arrangements from Subdivisions
Saving Arrangements from States
Arbitration Agreements -$379.9 million
Indirect Auto Lending Guidance
Totals -$4.1 billion -$34.8 billion -4,277,890 hours