With the hotly contested election behind us, it’s now officially midnight in Washington. The “midnight period”is the time between Election Day and Inauguration Day, which has historically seen a surge in last-minute regulation by the outgoing administration. The surge is particularly pronounced when the party controlling the White House is set to change—as with this election. To combat the surge, the House Judiciary Committee recently approved the “Midnight Rules Relief Act,” which would make it easier for Congress to disapprove recently finalized regulations. While useful, the bill treats...