January 11, 2022
Assessing the Stop Corporate Capture Act
In December 2021, ostensibly with the goal of eliminating corporate involvement in the rulemaking process, progressives in Congress introduced the Stop Corporate Capture Act (SCCA). In a new insight, Director of Regulatory Policy Dan Bosch explains the broad components of the SCCA and explores their implications, noting that it would go much further than its name suggests to completely overhaul how rules are made.
The SCCA would go beyond its title and completely overhaul the existing regulatory process to maximize the stringency of federal regulation without due consideration of economic consequences. While the legislation has yet to move in the House of Representatives — and stands virtually no chance of clearing the Senate — it stands as a marker for how progressives would quickly jettison sound regulatory policy analysis to achieve their desired outcomes.