Sep 30, 1993StrategicPlan
BoardThe President Executive Order
The document is an executive order that aims to reform and make more efficient the regulatory process. It focuses on enhancing planning and coordination, reaffirming the primacy of Federal agencies, restoring the integrity of regulatory review, and increasing public accessibility. The order outlines a regulatory philosophy emphasizing the need for regulations to be required by law or compelling public need, assessing costs and benefits, and maximizing net benefits. It also establishes principles of regulation, including problem identification, examination of existing regulations, consideration of alternatives, risk assessment, cost-effectiveness, and transparency.