House Republicans to hold oversight hearing on Obama's regulatory review

House Republicans will question the Administration's top regulatory official about President Barack Obama's new plan to review existing and pending regulations.

The House Commerce Committee's Oversight Subcommittee will hold a hearing next week on the regulatory framework, which President Obama unveiled on Jan 18. Cass Sunstein, the head of the Office of Information and Regulatory Affairs, will be the only witness at the hearing, slated for Jan. 26. Under Obama's regulatory plan, all the economic effects of all existing regulations must be reviewed and new regulations must meet a series of new standards. The plan requires that the Environmental Protection Agency's upcoming climate rules, among other environmental regulations, undergo additional scrutiny, but Obama administration officials have said the review likely won't alter the rules.