Article
Window on Washington: Feds Hunt for Anchors Fouled in Red Tape
Article
Window on Washington: Feds Hunt for Anchors Fouled in Red Tape
Fourth Quarter 2018
This article originally appeared in the Fourth Quarter 2018 Benedict’s Maritime Bulletin. Reprinted with permission. Any opinions in this article are not those of Winston & Strawn or its clients. The opinions in this article are the author’s opinions only.
Longstanding conservative political doctrine holds that, if Government would just get out of the way and cut all the regulatory red tape, industry would thrive in a competitive, free-market environment. Along this line, the Trump Administration published a Request for Information in the Federal Register on May 1, 2018, requesting public input on ‘‘how the Federal government may prudently manage regulatory costs imposed on the maritime sector.’’ More specifically, the Request aims to identify regulations that eliminate jobs or inhibit job creation; are outdated, unnecessary, or ineffective; impose costs that exceed benefits; or create serious inconsistency or otherwise interfere with regulatory reform initiatives and policies.