Since Republicans took control of the North Carolina General Assembly more than a decade ago, regulatory reforms, in the form of the perennial "Regulatory Reform Act," have consistently been one of lawmakers largest undertakings each session.
A bill pending in the N.C. Senate would tear down burdensome regulations for 24 months for companies offering new financial or insurance products that use emerging technology, allowing them to test out cutting-edge products or services. Senate Bill 470 would establish a “regulatory sandbox” similar to one created in Arizona in 2018. The measure would...
For half a century, making any reform to a state’s occupational licensing system has been nigh on impossible. How hard? In 2015, the federal Bureau of Labor Statistics could find “only eight instances of the de-licensing of occupations over the past 40 years.” In recent months, however, the ice jam over occupational licensing has begun...
In this age of cronyism and meet-the-new-boss-same-as-the-old-boss partisan turnstile D.C. politics, maybe it really does take an “outsider” executive to give up power voluntarily. To D.C. insiders and their likeminded media, the idea is unthinkable. They lack even the vocabulary to denounce it properly. Two days after Donald Trump won the election, Politico published an...
The state Senate on Tuesday refused to go along with the House version of the 2016 regulatory reduction act. The action sets the stage for regulatory reformers from both bodies to negotiate a final agreement before the General Assembly’s short session adjourns. Legislative leaders have said they want to adjourn before July 4. Sen. Chad...
