Trump just signed a new executive that’s designed to significantly cut regulations for small businesses:
President Trump signs an executive order cutting regulations for small businesses https://t.co/6OZtrfIwim https://t.co/wLcDeTZJ76
— CNN Politics (@CNNPolitics) January 30, 2017
President Trump signs executive order that he says will cut business regulations: https://t.co/0K9Ga8zbZR
— AP Politics (@AP_Politics) January 30, 2017
President Donald Trump has signed an executive action aimed at significantly cutting regulations for small businesses.
The president was surrounded by small business leaders as he signed the order in the Oval Office Monday morning.
Trump says that the order is aimed at “cutting regulations massively for small business.”
He says it will be the “biggest such act that our country has ever seen.”
Earlier, White House officials called the directive a “one in, two out” plan. It requires government agencies requesting a new regulation to identify two regulations they will cut from their own departments.
Overtime this should help invigorate small businesses and in turn help them create more jobs. Much more needs to be done but this is a great first step!