President Trump signed an executive order for regulatory reform on Friday, directing government agencies to set up job forces to appear into techniques to remove or scale back regulations.
Trump stated that the order is “one of several ways” the administration will get rid of “job-killing regulations.”
"This directs every single agency to establish a regulatory reform task force which will assure that every agency has a ... actual team of committed people today to research all regulations that are unnecessary, burdensome and dangerous to the economy and therefore harmful to the creation of jobs and business enterprise. Every process force will make recommendations to repeal or simplify current regulations,” the president stated.
Trump explained that any existing or proposed regulation will have to meet particular conditions.
"Just about every regulation ought to have to pass a simple test: Does it make life improved or safer for American workers or consumers? If the answer is no, we will be finding rid of it and receiving rid of it rapidly. We'll quit punishing firms for doing company in the United States it will be totally just the opposite,” he mentioned. “They'll be incentivized to performing small business in the United States. We're functioning tough to roll back the regulatory burden so that coal miners, factory workers, compact business enterprise owners and so several other individuals can grow their organizations and thrive.”
The new order is not the first by Trump aiming to decrease federal regulations.
In January, the president signed an executive order that he said will “dramatically minimize federal regulations” on corporations. That order mandates that for each and every new regulation implemented by federal agencies, two current regulations will have to be reduce.
Trump known as that order the "biggest ever cut, by far, in terms of regulations."
Final week, the president also rolled back the stream protection rule, a regulation developed to defend waterways from surface mining.
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