The S. CON. RES. 40 proposes new congressional oversight to improve regulatory reforms. It aims to establish a Joint Select Committee on Regulatory Reform to review how rules are made by federal agencies, suggest reducing unnecessary regulations, and recommend legislative...
Simple Explanation
The S. CON. RES. 40 wants to make sure the rules made by the government are good for people and the economy by having a special group of Congress members check them carefully, like how a teacher might check a student's homework to make sure it's done right and fair. This group will have the power to ask for a lot of information and even call important meetings to find the best ways to make rules that don't cause problems or waste money.