Latta Blasts Amount of Federal Regulation, Regulatory Uncertainty
House Communications Subcommittee Vice Chairman Bob Latta, R-Ohio, blasted what he considers unnecessary federal regulation. “At the end of last year, the administration had nearly 4,000 new regulations pending, with almost 200 of these considered economically significant, meaning they would…
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each carry a cost of at least $100 million a year,” Latta said in an op-ed for The Hill Monday. “Regulatory uncertainty -- both now and in the future -- continues to stagnate wages and prevents many of our businesses, small and large, from hiring.” He criticized regulation generally in the op-ed but has focused often on the FCC and telecom concerns. “With the regulatory cost per household totaling nearly $15,000 per year, or 23 percent of the national average family income, federal regulations are squeezing American families’ already limited wallets and curbing our nation’s prosperity,” Latta said.