S 485

The Regulations from the Executive in Need of Scrutiny Act of 2025 aims to increase accountability and transparency in the federal regulatory process. It requires Congress to approve major federal agency rules through a joint resolution, effectively creating a legislative review process. Rules exceeding $100 million in annual economic impact, significantly increasing costs, or negatively affecting competition, employment, or innovation will be subject to this review. The bill also establishes a regulatory budget, mandates annual review of existing rules, and classifies guidance documents as rules, requiring congressional approval for those deemed major. Finally, it introduces a process for expedited rule implementation in emergencies.