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From Reuters via MSN:

President Donald Trump signed an order on Monday that will seek to dramatically reduce federal regulations, but the policy will not apply to most of the financial reform rules introduced by the Obama administration.

Trump’s latest executive action will require that agencies cut two existing regulations for every new rule introduced and it will set an annual cap on the cost of new regulations.

For the rest of fiscal 2017, the cap will require that the cost of any additional regulations be completely offset by undoing existing rules.

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9 thoughts on “Trump issues Executive Order to arbitrarily cut Federal Government Regulations

  1. How long does it take to undergo a judicial review and struck down executive orders that are unconstitutional? How long does it take to impeach a President? What is Congress doing/? How long does the U.S., and the world, have to put up with the annihilation of democratic values?

    Liked by 1 person

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