The White House has issued new guidelines for federal agencies in conducting risk analysis. Risk analysis, of which risk assessment is a central factor, is a process by which agencies identify and evaluate risks such as toxic exposure or structural failure. Risk analysis often lays the scientific or technical foundation for public health and safety rulemakings.

WASHINGTON, Sept. 19, 2007—The Office of Management and Budget (OMB) and the Office of Science and Technology Policy (OSTP) today released a risk analysis memorandum, "Updated Principles for Risk Analysis," outlining principles that federal agencies must follow for risk assessment, management and communication. The memorandum reiterates a policy that has been in place since 1995. But that policy, taken in the context of other regulatory changes made by the Bush administration, continues a policy of less regulation even as the public demands more protections of our food, consumer products, environment and workplace.