On Friday, President Trump signed an executive order placing "regulatory reform" task forces within federal agencies to help identify "costly and unnecessary regulations." The watchdog groups created by Trump will reportedly have 90 days to examine existing regulations and identify which "can be repealed or modified," The Hill reported.
Trump signed the order shortly after reiterating his pledge to nix "75 percent of the repetitive, horrible regulations that hurt companies [and] hurt jobs" during a speech Friday at the Conservative Political Action Conference. At a meeting with business executives last month, Trump suggested he might cut even more than 75 percent of existing regulations.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
In what countries is assisted dying legal or in consideration for being made legal?In the spotlight More countries are granting more people the right to die
-
5 captivating books to read in Maythe week recommends Brittney Griner tells her own story, a coming-of-middle-age novel and more
-
The secretive practice of 'catch-and-kill' tabloid journalismThe Explainer Outlets such as the National Enquirer have become infamous for using the practice
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
-
Visa and Mastercard agree to lower swipe feesSpeed Read The companies will cap the fees they charge businesses when customers use their credit cards
-
Reddit IPO values social media site at $6.4 billionSpeed Read The company makes its public debut on the New York Stock Exchange
-
Housing costs: the root of US economic malaise?speed read Many voters are troubled by the housing affordability crisis
-
Feds cap credit card late fees at $8speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
