A little over a year and a half ago, President Trump issued his 7th Executive Order. Titled “Reducing Regulation and Controlling Regulatory Costs,” Executive Order 13771 is better known in regulatory policy circles as the “1-in-2-out” rule. The general idea is that if you have too many regulations, one way to fix the problem is by requiring that regulatory agencies eliminate 2 rules for each new one they implement.

Longtime listeners will recall back in May when we discussed the issue briefly, but now that we’ve had a little more time to see the rule in action, we thought the time was right to revisit the issue to see what was working, and where there might be room for improvement in the regulatory reform process.

To do that, we’re lucky enough to have Laura Jones back on the show. Laura is a visiting research fellow at Mercatus, and the executive vice president and chief strategic officer of the Canadian Federation of Independent Business.

We also have James Broughel in studio. James is a research fellow here at Mercatus and an adjunct professor of law at the Antonin Scalia Law School. Much of James’ work lately has focused on quantifying and understanding state-level regulation.

Questions, comments, episode ideas?

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