President Obama, moving quickly to complete the lineup for his second-term regulatory team, nominated attorney Mary Jo White yesterday to chair the Securities and Exchange Commission (SEC). The selection is a critical one, as the agency is still struggling to complete the rulemakings required under the Dodd–Frank financial regulation act, …
When the Obama Administration appointed Harvard University law professor Cass Sunstein to be the Office of Information and Regulatory Affairs Administrator, many were hopeful that choice signaled the White House would have a “commitment to cost-benefit analysis in regulation.” Unfortunately Obama Administration actions since the Sunstein appointment have shown anything …