NFFS Assists in Congressional Regulatory Reform Initiative
On July 17, 2020 NFFS received a letter from Congressman James Comer (R-KY), ranking member on the House Committee on Oversight and Reform minority. Rep. Comer is launching an examination of recent trends in regulation and regulatory reform in order to identify what has worked and what hasn’t since the Committee’s last initiative in 2011. NFFS was asked to provide a written response to seven specific questions related to regulation and regulatory reform.
In response, NFFS conducted a membership survey in August 2020 asking for feedback from member companies regarding seven specific questions related to new, rescinded, or potential regulatory reforms and their impacts on members’ ability to “create or maintain jobs, provide consumers with goods or services, obtain credit, supplies, energy or other important inputs, compete fairly with other businesses, expand or locate operations or sales, innovate, or grow.” The survey also included questions related specifically to COVID-19 and the effects of regulation on economic recovery.
Member responses were consolidated into one response letter from the Society to Rep. Comer. Responses included references to the Respirable Silica Rule, revised beryllium regulations, aluminum tariffs, the Paycheck Protection Program, COVID liability protections, the definition of “essential” industries, mask requirements, and more. A copy of the full letter can been seen HERE.
NFFS believes that an improved regulatory climate, along with specific regulatory reforms, will have a tremendously positive impact on our industry’s ability to recover from the COVID-19 economic contraction, to provide innovative new products and technologies in support of the U.S. economy and the American warfighter, and to provide meaningful and well-paying middle-class jobs for years to come.