Regulatory and Legal Reform
Unnecessary regulations and excessive red tape prevent us from reaching new levels of achievement and make it harder for small businesses to compete. We need regulatory and legal reforms that unleash our industry and supports the work of men and women nationwide.
Biden Drilling Ban Sets U.S. Back
Associated Press). Why it’s a problem: The moratorium could prove harder for Trump to undo than other 11th-hour moves by Biden. That’s in large part because of the Outer Continental Shelf Lands Act, which gives U.S. presidents the right to block drilling in certain areas but not the right to reinstate it. However, Congress could …
NAM to Biden Treasury: Don’t Finalize Overreaching Rules
told the agency at the end of 2024. In December, the NAM laid out the legal issues endemic to Treasury’s proposals, identifying both substantive and process-related issues that undermine each action. The submission builds on manufacturers’ comments to the agency on the proposals themselves: The NAM said in August told the agency that the related-party …
Manufacturers Appreciate President Trump’s Focus on Curbing the Regulatory Onslaught
Washington, D.C. – Today, the National Association of Manufacturers, along with more than 100 manufacturing associations, sent a
NAM: D.C. Circuit Should Preserve SEC Oversight of Proxy Firms
brief. What’s going on: The Nov. 15 brief asking the appeals court to overturn a February ruling by the D.C. District Court is the latest in a campaign by the NAM to ensure reasonable regulation of proxy firms. These powerful, unregulated entities often dictate how shareholders vote on proxy ballot proposals that come before public …
NAM: Clarify 30C Tax Credit Rulemaking
said this week. What’s going on: In September, the IRS and Treasury Department jointly proposed regulations regarding Section 30C of the U.S. tax code’s Alternative Fuel Vehicle Refueling Property Tax Credit, which was changed and expanded by the Inflation Reduction Act of 2022. “A key purpose of the energy provisions of the IRA was to …
NAM Sees Strength for Manufacturing as Washington Transitions
Reuters, subscription), a choice NAM President and CEO Jay Timmons
