Federal regulatory activity is at an all-time high, with more than 3,700 regulations in just the past year. This has caused the Code of Federal Regulations to grow to 238 volumes with nearly 175,000 pages – 4,000 of which were added in the past year.
The rulemaking process can lead to the issuance of a new rule, an amendment to an existing rule, or the repeal of an existing rule – and can also come in the form of sub-regulatory guidance documents.
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