Policy Forum

Super‐​Legislatures: Evaluating Dodd-Frank’s CFPB and OLA Provisions and Obamacare’s IPAB

April 1, 2013 4:00 PM to 5:30 PM EDT

Policy Center with Foyer

Featuring C. Boyden Gray, Former U.S. Ambassador and White House Counsel, and Founding Partner, Boyden Gray & Associates, LLP; and Michael Cannon, Director, Health Policy Studies, Cato Institute; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.

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The Obama administration’s recent large‐​scale legislative initiatives, The Wall Street Reform and Consumer Protection Act (Dodd‐​Frank) and the Patient Protection and Affordable Care Act, have a significant theme in common. Both acts rely on unelected and unsupervised bodies to oversee and enact new laws — a trend that threatens both our political and our economic liberties. Our panelists will discuss the constitutionality of creating these new “super‐​legislative” bodies – the Consumer Financial Protection Bureau, Orderly Liquidation Authority, and the Independent Payment Advisory Board – and the implications for the rule of law. The panel will also discuss the possibility of reviving the “non‐​delegation” doctrine.

You can follow the discussion on Twitter with the hashtag #SuperPanels.