Trump Touts Deregulatory Success in First Year in Office
President Donald Trump didn't mention the FCC's vote to rescind its 2015 net neutrality rules (see 1712140039) during a Thursday speech but touted the federal government's overall success in cutting regulations during his first year in office. Trump set a…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
goal upon taking office in January for federal agencies to cut two rules for every one they added and not to add any additional regulatory costs. Agencies have instead eliminated 22 regulations for every one they added, the White House said. “We beat our goal by a lot," Trump said. "Instead of adding costs as so many” other presidential administrations have done, “for the first time in decades, we achieved regulatory savings. Hasn't happened in many decades. We blew our target out of the water.” The White House is setting a goal for federal agencies to take three deregulatory actions in FY 2018 for every rule it adds.