Press Release
January 3, 2022
2021: The Year in Regulation
In a new retrospective, Director of Regulatory Policy Dan Bosch reviews the costs, paperwork burdens, and trends of the Biden Administration’s regulatory policy in 2021. They also highlight the publication of the most expensive rule ever tracked by AAF in the year’s final Federal Register.
Key points:
Federal agencies collectively finalized $201.5 billion in net regulatory costs in 2021, making it the second costliest year since the American Action Forum began tracking regulatory costs.
Federal agencies collectively finalized 133.8 new annual hours of paperwork burden.
The most notable trends of the year were Biden Administration agencies reversing the policies of the Trump Administration and expensive emergency rules aimed at implementing COVID-19 vaccination requirements.
