(OK, so that headline isn't really what's going on but it's close.) In every newspaper today is this story so it must be big (White House to Mold Rules):
WASHINGTON - President Bush has signed a directive that gives the White House much greater control over the rules and policy statements that the government develops to protect public health, safety, the environment, civil rights and privacy.
In an executive order published last week in the Federal Register, Bush said that each agency must have a regulatory policy office run by a political appointee, to supervise the development of rules and documents providing guidance to regulated industries. The White House will thus have a gatekeeper in each agency to analyze the costs and the benefits of new rules and to make sure the agencies carry out the president's priorities.
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The White House said the executive order was not meant to rein in any one agency. But business executives and consumer advocates said the administration was particularly concerned about rules and guidance issued by the Environmental Protection Agency and the Occupational Safety and Health Administration.
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Under the executive order, each federal agency must estimate "the combined aggregate costs and benefits of all its regulations" each year. Until now, agencies often tallied the costs and the benefits of major rules one by one, without measuring the cumulative effects.
On a day when I posted on public choice analysis, on first sniff this rule doesn't look like a movement toward efficiency.