USA Act of 2024

S.4692 (USA Act of 2024) requires federal agencies to testify before relevant congressional committees within 30 days of publishing major rules, and mandates Senate nominees to testify before confirmation committees. It also requires agencies to conduct retrospective cost-benefit analyses of major rules five years after implementation, including updated cost/benefit assessments and recommendations for changes. Additionally, the bill mandates agencies to provide written responses to congressional committee letters within 30 days, with penalties including a $1 daily pay reduction for agency officials who fail to respond within 60 days (or 90 days for joint committee letters). These provisions directly affect federal agencies, Senate-confirmed nominees, and congressional oversight processes.