I wouldn't necessarily object to individual REINS-like mechanisms for particular statutes, but IMO congressional silence is too cheap to let the regulatory state be controlled by it. Congress should have more options.
I wouldn't necessarily object to individual REINS-like mechanisms for particular statutes, but IMO congressional silence is too cheap to let the regulatory state be controlled by it. Congress should have more options.
Various action-forcing mechanisms can be used so that mere "silence" is not a veto. (And in my work on REINS I explain why this need not be a burden on the legislative calendar either.) Formalistic rules need not constrain creative and responsive management of principal-agent relationship.
I will look at your work on this, but I still think one would wish to eliminate the need for elaborate workarounds if one could. (Obviously a big "if".)