At today’s CPSC hearing, we followed the direction Congress gave us a year ago to look for ways to cut the burdensome costs of our testing and certification rule while assuring compliance with applicable safety rules.
We identified several initial steps that will hopefully lead to trimming some of the testing costs for some of the companies we regulate. I am pleased our staff took its mandate seriously and identified some of the places in the rule where we could save consumers a little money on the things they buy for their children. I understand the list staff developed was not meant to be all inclusive and that there are certainly other good ideas that might also lead to cost reduction while assuring compliance. I had hoped today’s list would have been more inclusive of these other ideas, but at least it is a start.
If you watched the meeting, you heard the chorus of Commissioners thank our staff for their hard work, but it bears repeating. This agency is able to do its work because of the talent, skill, and dedication to protecting the public that our staff demonstrates every day.
You can read my statement on it here