Trump Aides Analyze Effects of His Regulatory Policy
GOP presidential candidate Donald Trump's regulatory policy “seeks to reduce the current regulatory burden by a minimum of 10% or $200 billion annually,” two advisers said in a white paper the campaign released Monday before the first presidential debate. Peter…
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Navarro, a business professor at the University of California-Irvine, and private equity investor Wilbur Ross wrote the paper and are listed as senior policy advisers to Trump. “Many new rules never are adequately quantified -- or quantified at all,” the paper said of current regulations, citing the “woefully understaffed” White House Office of Information and Regulatory Affairs. They cite the planned moratorium on new regulations a Trump administration intends to impose and the list of regulations ready for scrapping that all federal agencies would be mandated to produce. Democratic presidential nominee Hillary Clinton “has promised to continue Obama’s regulatory agenda,” the Trump campaign white paper said. It didn’t mention telecom policy specifically. The Clinton campaign slammed Trump’s economic policy ideas Monday, saying in a news release “economists and business leaders across the political spectrum agree that his economic plan would plunge our country back into recession.”