De-regulating the regulators
During his 2016 presidential campaign, candidate Donald Trump promised to drastically reduce the regulatory burdens placed on American business and rein in overreaching regulators whose unpredictability had done so much to depress business sentiment and investment.
The president is delivering on these campaign promises. As a result of a bold series of regulatory rollbacks and reforms, American businesses and households have saved more than $30 billion. This cost cutting and the administration’s clear commitment to curb bureaucratic overreach helped turbo-charge the economic expansion we have enjoyed during the last two-and-a-half years.