Data Spotlight: Trump Administration Has Withdrawn 860 Regulatory Actions
Shortly after taking the oath of office, President Donald Trump made it clear that he intended to reduce the federal government’s regulatory footprint.
According to Bloomberg BNA, his administration has made significant strides in keeping that promise. Since the beginning of President Trump’s tenure, federal executive branch agencies have withdrawn 860 regulatory actions. The president also has signed legislation to rescind 14 regulations using the Congressional Review Act. According to the White House, these actions will save the economy $18 billion annually.
In a recent speech, White House Director of Legislative Affairs Marc Short suggested there is more to come. He said, “The Trump administration has been, and remains very focused on jump-starting the American economy and allowing the private sector to create jobs.”