,i #aadth ,,congress #b;d ,session ,h4 ,r4 #eacf ,,in ,,the ,,house ,,of ,,representatives ,april #bi1 #bjaf ,mr4 ,pompeo introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce ,a ,,bill ,to amend the ,federal ,trade ,commission ,act to require that any legislative or regulatory recommendation of the ,federal ,trade ,commission be accompanied by an economic analysis and include a description of the rationale for such legislation or regulation4 #a4 ,short title ,this ,act may be cited as the ,revealing ,economic ,conclusions for ,suggestions ,act or the ,,recs ,act4 #b4 ,requirement of analysis and rationale for legislative and regulatory recommendations ,section #f7;f7 of the ,federal ,trade ,commission ,act 7#ae ,u4,s4,c4 #df7;f77 is amended by inserting after ,that the ,commission the following3 shall not submit any recommendations for legislative or regulatory action without an economic analysis by the ,bureau of ,economics of the ,commission sufficient to demonstrate that the ,commission has identified a problem it determines should be addressed1 including the rationale for the ,commission's determination that private markets or public institutions could not adequately address the issue1 and that its recommended legislative or regulatory action is based on a reasoned determination that the benefits of the recommended action outweigh its costs3 ,provided further1 ,that the ,commission4