Corporate Compliance Officers: Take Note of Biden's Regulatory Freeze
Highlights
President Biden directed a halt to new federal regulations to ensure consistency with policy direction
No new rules are to be transferred to the Federal Register until they have been reviewed by an appointee of the Biden administration
Rules already in progress are to be withdrawn or delayed at least until March; some agencies have opened a comment period
President Biden has directed executive branch agencies to halt implementation of new regulations pending a further review by the new administration. This regulatory freeze is intended to permit the new administration to determine if regulations slated to take effect are consistent with its policy direction. While many decisions about regulations will be made in 90 days, it is possible that this policy directive could extend beyond that point as cabinet officials continue to be considered and confirmed by the Senate.
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