As of February 18, 2025, President Donald Trump issued an executive order stating that the Federal Energy Regulatory Commission (FERC) and other independent agencies, such as the US Securities and Exchange Commission, must submit proposed and final significant regulatory actions for review by the Office of Management and Budget’s (OMB) Office of Information and Regulatory Affairs. [1] According to the executive order, independent regulatory agencies currently exercise substantial executive authority without adequate accountability to the president, including issuing regulations without review by the White House. [2] The order states that FERC Chairman Mark Christie and other heads of independent agencies will consult with and coordinate agency policies and priorities with the directors of OMB, the White House Domestic Policy Council, and the White House National Economic Council. The OMB’s director will set performance standards and management objectives for independent agency heads and report to the president on their performance and “efficiency” in meeting them. The order also states that Christie and other independent agency chairmen will submit agency strategy plans to the OMB director for clearance prior to finalization. FERC has 15 planned regulations in the pre-rule and proposed rule stages, including proposals dealing with transmission incentives and dynamic line ratings, according to the Office of Information and Regulatory Affairs.
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