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Cato Daily Podcast
What Incentives Do State Regulators Face?
Nov 22, 2023
Explore the similarities and differences between federal and state regulation. Discuss lawmakers' lack of review process for rules and regulations. Examine the accountability of regulatory agencies and methods for measuring the impact of new laws. Discover the skepticism of fiscal notes and efforts to eliminate Chevron deference in state courts.
11:04
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Quick takeaways
- State-level regulators face similar incentives to federal regulators, highlighting the need for careful scrutiny by state lawmakers.
- Implementing measures to enhance accountability and oversight can prevent agency overreach and abuse of power at the state level.
Deep dives
Similarities and Differences in Regulation at Federal and State Levels
Regulation at both the federal and state levels involves agencies that act in similar manners. The legislature delegates authority to agencies to figure out how to enact laws. However, the problem arises when legislatures are not cautious, leading to agencies overstepping their boundaries. This issue exists at both the state and federal levels.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode