Under E.O. 12866, OMB’s Office of Information and Regulatory Affairs (OIRA) reviews all major proposed and final rules, as well as other designated rules, to determine whether the agency proposal is consistent with administration policies and priorities. In addition to regulatory review, OIRA reviews all information collected by agencies from 10 or more people, including paperwork required by regulations. This paperwork review, required under the Paperwork Reduction Act, is to be done by OIRA within 90 days of receipt and gives OIRA the power to approve or disapprove the paperwork. OMB Watch has reviewed the number of paperwork and regulatory submissions by agencies and actions taken by OIRA during the month of January, 2001. The review is divided in two parts highlighting the differences between Clinton and Bush administration actions. The results show that under President Bush the regulatory review process has slowed to a near halt, and that agencies have withdrawn many of the proposed and final rules that were pending review at OIRA. Unlike the regulatory review process, the paperwork clearance process does not seem to have changed much under the Bush administration, at least not during the first few weeks of the new administration.