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Rounds, Johnson, King, Manchin Announce New Senate Regulations Caucus

WASHINGTON—U.S. Sens. Mike Rounds (R-S.D.), Ron Johnson (R-Wisc.), Angus King (I-Maine) and Joe Manchin (D-W. Va.) today announced the formation of the bipartisan Senate Regulations Caucus to address regulatory reform at the federal level. Recognizing the many movements and legislative efforts currently in existence to address regulation, the goal of the Senate Regulations Caucus is to unify and lead these efforts to advance meaningful regulatory reform in Congress.

“With more than 1 million federal regulations on the books today, the need for a common sense approach to address unneeded, outdated and unnecessary federal regulations is as important as ever,” said Rounds. “Regulatory compliance costs are not only taking money out of the pocketbooks of South Dakota families, they are stunting economic growth and innovation throughout the country. We are long overdue for an overhaul of the regulatory environment created by Washington. I’m pleased to work with Senators Johnson, King and Manchin to address federal regulation in a practical, business-like manner. I encourage all of our colleagues to join us.”

“Unfortunately, Washington is all about addition,” said Johnson. “As a result, layer upon layer of regulation has built up over the years that significantly hampers economic growth and success.  Easing the burden of this regulatory burden has been one of my top priorities since coming to the Senate. I’m proud to be part of this bipartisan effort to identify commonsense regulatory reforms. For my part, I will earnestly concentrate on areas of agreement that unite us and that can lead to real results.” 

“With thousands of new regulations taking effect every year, it’s far past time that Congress got a better handle on the regulatory system that impedes American businesses and hampers vital growth and innovation,” Senator King said. “The Senate Regulations Caucus can lead that effort and spearhead an overhaul of ineffective, duplicative, or outdated regulations so that businesses in Maine and across the country can do what they do best – create jobs and grow the economy.”

“In West Virginia, we’ve seen firsthand how federal regulations can stifle industry and destroys jobs. With more than one million federal regulations on the books, the system has simply gotten out of control,” Senator Manchin said. “It is past time to significantly reform the federal regulatory process and reduce unnecessary red tape for job creators. I’m truly proud to work with my colleagues from both parties to address regulatory reform and create a balance between beneficial federal regulations and a thriving job market.”

The formation of the Senate Regulations Caucus comes at a time when we have more than one million federal regulations on the books. All 100 members of the Senate are invited to join the caucus.