Ensuring Accountability for All Agencies
Directs independent agencies (including the Federal Reserve, FTC, SEC, FCC) to submit significant regulations for White House review before publication and to follow legal interpretations issued by the President or Attorney General. Represents a major assertion of presidential authority over agencies Congress designed to be independent.
Section by Section
What each section does, and how they differ.
Constitution vests President with executive power to ensure laws are faithfully executed; independent regulatory agencies must operate consistently with Presidential policies and priorities.
Establishes definitions for independent regulatory agencies and other relevant terms.
Director of OMB shall direct Office of Information and Regulatory Affairs to conduct in-depth review of major regulations issued by independent regulatory agencies to ensure consistency with President's policies and priorities.
Director of OMB shall establish performance standards and management objectives for independent agency heads and report periodically to President on their performance and efficiency.
Director of OMB shall review independent regulatory agencies' obligations for consistency with Presidential policies and priorities and consult with agency chairmen to adjust apportionments as necessary and appropriate to advance Presidential policies and priorities, including potential prohibitions on expending appropriations on particular activities.
Independent regulatory agency chairmen shall regularly consult with OMB, Domestic Policy Council, and National Economic Council directors. Agencies shall establish White House Liaison position at Grade 15. Agency chairmen shall submit strategic plans to OMB Director for clearance prior to finalization.
President and Attorney General provide authoritative legal interpretations controlling all executive branch employees. No employee acting in official capacity may advance interpretation of law contravening President or Attorney General's position unless authorized by President or in writing by Attorney General, including in regulations, guidance, and litigation positions.
Severability clause and standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.