President Trump’s Historic Deregulation Is Benefitting All Americans | Eastern North Carolina Now

Press Release:


"We are now reducing the size, scope, and cost of Federal regulations for the first time in decades, and we are already seeing the incredible results."
  — President Donald J. Trump


    HISTORIC DEREGULATION: Since taking office, President Donald J. Trump has led historic deregulation efforts to roll back red tape that burdened Americans and stifled economic growth.

  • Under the President's leadership, the Administration has cut 8 and a half regulations for every new rule, far exceeding his promise to cut two regulations for every new one.
  • President Trump's deregulatory efforts have already slashed regulatory costs by nearly $50 billion, with savings reaching $220 billion once major actions are fully implemented.
  • Sixteen pieces of deregulation legislation signed by President Trump are expected to increase annual real incomes by more than $40 billion.
  • The Trump Administration's deregulatory efforts will help save American households an estimated $3,100 each year.
  • Today, the Administration announced a Governors' Initiative on Regulatory Innovation to extend the President's historic regulatory reform to State and local levels.
    • This initiative, led by Vice President Mike Pence, aims to cut regulations and costs, advance occupational licensing reform, and better align State and Federal regulations.
    • The initiative will work with State, local, and tribal leaders from across the country who are championing occupational licensing reforms, which is especially important for military spouses, and other deregulatory efforts.

    RESTORING FREEDOM AND TRANSPARENCY: The President is working to protect Americans from overregulation and administrative abuse.

  • President Trump is increasing accountability and transparency at Federal agencies to stop the costly administrative abuse that hurts American families and small businesses.
  • Under the previous administration, agencies too often abused their power by surprising Americans with penalties based on unlawful and secret interpretations of regulations.
    • In 2014, the Environmental Protection Agency (EPA) threatened a family with up to $20 million in fines just for building an environmentally-friendly pond for their horses.
    • A 77-year-old Navy veteran was imprisoned and ordered to pay $130,000 after the EPA declared several small ponds he created as federally protected navigable waters.

    BENEFITTING ALL AMERICANS: President Trump's deregulation efforts are offering real benefits in Americans' daily lives.

  • American workers are benefitting as the President's deregulation helps unleash the American economy, leading to more than 6 million new jobs, rising wages, and low unemployment.
  • Deregulation is saving small businesses from wasting time and money on compliance costs.
  • President Trump has helped lift the burden of overregulation off American farmers by following through on his promise to repeal the Obama-era Waters of the United States rule.
  • Americans are gaining access to more affordable healthcare options thanks to the Administration's regulatory reform.
    • The Administration has worked to expand affordable coverage options through association health plans, short-term plans, and health reimbursement arrangements.
  • President Trump is working to boost American auto producers and provide savings for consumers by replacing the Obama-era Corporate Average Fuel Economy (CAFE) regulations.



You can visit a collection of all White House posts by clicking here.


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




President Donald J. Trump Approves Commonwealth of the Northern Mariana Islands Emergency Declaration News Services, Government, State and Federal President Donald J. Trump to Award the Medal of Freedom


HbAD0

Latest State and Federal

Former President Donald Trump suggested this week that if he becomes president again, he might allow Prince Harry to be deported.
Vice President Kamala Harris will visit a Minnesota Planned Parenthood clinic, reportedly the first time a president or vice president has visited an abortion facility.
Sen. Ted Cruz (R-TX) said this week that the only campaign promise President Joe Biden has delivered on as president is the complete dismantling of the U.S. southern border.
Hamas is reeling after losing two of their most cherished leaders on the same day: military commander Saleh al-Arouri, and Harvard President Claudine Gay.
President Joe Biden’s brother told the Internal Revenue Service that Hunter Biden told him he was in business with a “protege of President Xi,” referring to the leader of China, according to notes by an IRS investigator that were divulged during a congressional interview of Jim Biden.
That’s the question Marguerite Roza of Georgetown University’s Edunomics Lab sought to answer in a recent webinar on the topic.
The University of Florida has fired all of its diversity, equity, and inclusion (DEI) employees and shut down its DEI office.
Glenn Beck: 'When the United States government can come after individuals, that's when you know our republic is crumbling.'
Rep. Mark Green (R-TN) reportedly blasted Homeland Security Secretary Alejandro Mayorkas for “stonewalling” details about the illegal immigrant accused of murdering Laken Riley, a 22-year-old Georgia college student.

HbAD1

“The Biden administration's plan in the Middle East is to hand over power to the Palestinian Authority, which literally pays the families of terrorists who murder Jews.”
Two Democratic members of North Carolina’s congressional delegation are ranked among the most likely to be picked off in 2024, according to a new analysis from Roll Call.
Former President Donald Trump dominated the North Dakota Republican Caucus on Monday as he continues to inch closer to officially securing the party’s presidential nomination.
The North Carolina Department of Health and Human Services is launching a Community Partner Engagement Plan to ensure the voices of North Carolina communities and families continue to be at the center of the department’s work.
The Pentagon official helped lead an organization that pushed 'transgender day of visibility' in the military
Former President Donald Trump filed an appeal to overturn a Democrat judge’s decision to remove him from the presidential ballot in Illinois.
Republican officials continued their probe of BlackRock this week, saying that the financial giant has not been forthcoming about how climate activists are shaping its policies, according to a letter first obtained by The Daily Wire.

HbAD2

 
Back to Top