Trump has signed a new executive order today in an effort to combat and repeal massive federal regulations that put too much burden on business:
BREAKING: Trump signs executive order directing agency task forces to recommend which federal regulations can be repealed
— Reuters U.S. News (@ReutersUS) February 24, 2017
JUST IN: Trump signs order directing agencies to set up task forces to make recommendations on repealing regulations https://t.co/p4qZUa9tyg
— CNBC Now (@CNBCnow) February 24, 2017
Here’s more:
JUST IN: President Trump signs executive order on regulatory reform https://t.co/8q3PDQ5S7y
— NBC News (@NBCNews) February 24, 2017
CNBC – President Donald Trump on Friday signed another executive order as part of his broad push to curb regulations and help businesses.
The measure will put “regulatory reform” task forces within federal agencies, according to Reuters. His administration wants the officials to “focus on eliminating costly and unnecessary regulations,” the report said.
Pledges to roll back regulations and slash taxes for individuals and corporations have helped to drive investor and business executive optimism. Trump also claims his policies will drive job growth, particularly in the Rust Belt regions that sealed his electoral win. He already signed one measure expanding regulatory review, with the goal of revoking two regulations for every new one put forward.
This is great. Obama’s burdensome regulations can’t be repealed fast enough and I’m glad Trump is pushing his people to weed out these regulations so they can be canned.