Trump budget increases regulatory costs by $3.5 billion in 2018

While President Donald Trump has pledged an all-out effort to do away with wasteful regulations, his proposed 2018 budget would increase federal spending on regulatory agencies by 3.4 percent, according to a new report issued today by the Weidenbaum Center at Washington University in St. Louis and the Regulatory Studies Center at George Washington University.

Study reveals regulatory spending and staffing at all-time high

Homeland security and other regulatory agencies are creating jobs and a record-breaking budget according to a new study from the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis and the George Washington University Regulatory Studies Center.  A Decade of Growth in the Regulators’ Budget: An Analysis of the U.S. Budget for Fiscal Years 2010 and 2011 details the rise in regulatory spending and who gets the lion’s share of this year’s $59 billion federal regulatory budget.

Expert says U.S. Senate needs to reform its rules

Steven Smith, director of the Weidenbaum Center and political science professor is calling for filibuster reform in the U.S. Senate.  And he’s taking his message to Capitol hill.Smith is participating in a conference sponsored by the Weidenbaum Center and the Brookings Institution on the “State of the Senate” May 17 in Washington D.C. On May 19, Smith will testify before the Senate Committee on Rules and Administration to argue his case for reform of the rules that are obstructing and restricting the legislative role of the Senate.

Recession and recovery prime topics of top economists’ visits to WUSTL

Two prominent economists made headlines last week in visits to the Olin Business School when they shared their views on the economy and its recovery from the “Great Recession.” Former Federal Reserve chief Paul Volcker and St. Louis Federal Reserve Bank president and CEO James Bullard, PhD, offered different perspectives on jobs, financial reform and the global economy. One dared to suggest the need for increased taxes in the near future; one said the current crisis in Greece could slow the U.S. recovery.

U.S. monetary policy focus of Feb. 5 forum

Experts from the St. Louis Federal Reserve and around the country will be on the Washington University campus Friday, Feb. 5, to discuss the Federal Reserve’s role during the recent recession and future directions for policy. The free public conference, “Monetary Policy Amid Economic Turbulence,” begins at 2:30 p.m. in the Bryan Cave Moot Court Room, Anheuser-Busch Hall.

Murray Weidenbaum receives coveted Search Award at 39th annual Eliot Society celebration

WeidenbaumMurray L. Weidenbaum, one of the country’s most acclaimed economists and a distinguished Washington University professor for more than 40 years, received the Eliot Society’s highest honor at the 39th annual William Greenleaf Eliot Society dinner on April 26. The event was held at the Ritz-Carlton Hotel in Clayton and included a keynote address by the celebrated Irish singing sensation Ronan Tynan.
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