Tuesday, February 28, 2017

Trump Orders Formation of Agency Task Forces


On Friday, February 24 President Donald Trump ordered federal agencies to begin identifying rules for elimination that harm industry. The latest Executive Order from Trump allows federal agencies to create regulatory reform task forces to find unnecessary regulations to repeal, replace or modify. The order directs every federal agency to establish a task force to ensure each has a team to research all regulations and determine those considered burdensome to the U.S. economy. Also, they must designate regulatory reform officers within 60 days and must report on the progress within 90 days to the White House.

After Trump signed the executive order he promised businesses that he would end the “regulation industry.” “We're going to put regulation industry out of work and out of business,” Trump said in the speech at the conference Friday. “I want regulations for safety, I want all regulations that we need, and I want them to be so strong, and so tough, but we don't need 75 percent of the regulations,” he added.

The executive order calls for the task forces to identify regulations that:
  • eliminate jobs or inhibit job creation;
  • are outdated, unnecessary or ineffective; 
  • impose costs that exceed benefits; 
  • create “serious inconsistency” with regulatory reform; 
  • rely in whole or in part on data or information that are not publicly available; or
  • derive from or implement Executive Orders or other Presidential directives that have been subsequently rescinded or substantially modified.

Many advocacy groups, including environmentalists, labor unions and consumer advocates, are not in support of the Executive Orders addressing regulations. The day prior to the signing, Trump met with chief executives of two dozen major U.S. companies and talked about the need for reducing regulations to boost job creation. Many were present the next day to witness the signing of the order.

Trump also mentioned during the signing on Friday that every new or existing regulation should be able to pass a test “Does it make life better or safer for American workers and consumers? If the answer is ‘No’, we will be getting rid of it and getting rid of it quickly.”

No comments:

Post a Comment