President Donald J. Trump’s Historic Deregulatory Actions Are Creating Greater Opportunity and Prosperity for All Americans | Eastern North Carolina Now

President Donald J. Trump has led a historic effort to eliminate unnecessary and costly regulations that hurt American businesses and families.

ENCNow
Press Release:



"We’ve begun the most far-reaching regulatory reform in American history."
  — President Donald J. Trump


    LEADING HISTORIC REGULATORY REFORM: President Donald J. Trump has led a historic effort to eliminate unnecessary and costly regulations that hurt American businesses and families.

  • Under President Trump's leadership, Federal agencies have taken more than 7 deregulatory actions for every significant regulatory action.
  • President Trump's deregulation efforts have already reduced regulatory costs by $50 billion and are on track to reduce regulatory costs by at least that much in fiscal year 2020 alone.
  • The President's Governors' Initiative on Regulatory Innovation is working to reduce outdated regulations, advance occupational licensing reform, and align Federal and State regulations.
  • The Administration continues to take action to modernize and accelerate environmental reviews in order to complete infrastructure projects in a timely and efficient manner.
  • The President is rolling back regulations that harm American workers, including providing relief to farmers by repealing the burdensome Obama-era Waters of the United States Rule.
  • In 2019, the President signed two executive orders to increase transparency in Federal agencies and protect Americans and their small businesses from administrative abuse.

    LIFTING UP AMERICANS: President Trump is driving down costs for consumers and helping low-income Americans, who are disproportionately burdened by overregulation.

  • Deregulation is lowering costs for all Americans, particularly benefitting low-income individuals who are disproportionately burdened by overregulation.
  • The Administration cut red tape in the healthcare industry, providing Americans with more affordable healthcare and saving Americans nearly 10 percent on prescription drugs.
  • Deregulation of both prescription drugs and internet access helped the poorest fifth of households eight times more than the wealthiest fifth of Americans.
  • The Administration replaced costly Obama-era fuel standards with the Safer Affordable Fuel Efficient (SAFE) Vehicles rule, making cars more affordable for low-income Americans.
    • This rule is expected to lower the price of new vehicles by $2,200, according to the Council of Economic Advisers.
  • The President established a council to reduce regulatory barriers to affordable housing.

    SUPPORTING FAMILIES AND BUSINESSES: The Administration's historic deregulatory efforts are putting money in Americans' pockets and helping businesses prosper.

  • The President's deregulatory actions will increase household income annually by at least $3,100 in the coming years.
  • President Trump has signed 16 pieces of deregulatory legislation that are expected to result in a $40 billion increase in annual real incomes.
  • Once fully in effect, 20 major deregulatory actions undertaken by the Administration are expected to save American consumers and businesses over $220 billion per year.
    • The implementation of the SAFE Vehicles rule is estimated to increase the real incomes of Americans by $53 billion per year over the 2021-2029 period.
  • Deregulation is helping small businesses invest and expand by saving them from dedicating time and money on compliance costs.
  • The President's deregulatory actions are also increasing the competition, productivity, and wages of American workers.



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 )




Presidential Message on the 75th Anniversary of the Trinity Nuclear Test News Services, Government, State and Federal Press Briefing by Press Secretary Kayleigh McEnany


HbAD0

Latest State and Federal

Vice President Kamala Harris’ husband, Doug Emhoff, admitted that he cheated on his first wife with the couple’s babysitter after a report was published on Saturday that said the marriage ended after he got the babysitter pregnant.
Two applicants have filed certificate of need applications with the North Carolina Department of Health and Human Services to develop a fixed MRI scanner in response to a need determination in the 2024 State Medical Facilities Plan.
A black Georgia activist became the center of attention at a rally for former president Donald Trump on Saturday when she riled the crowd in support of Trump and how his policies benefit black Americans.
A federal judge ruled on Monday that Google has a monopoly over general search engine services, siding with the Justice Department and more than two dozen states that sued the tech company, alleging antitrust violations.
Acting U.S. Secret Service Director Ronald Rowe told reporters on Friday that his agency was fully responsible for the assassination attempt on former President Donald Trump last month and that the agency “should have had eyes” on the roof where 20-year-old Thomas Matthew Crooks.
President Joe Biden and Vice President Kamala Harris faced backlash Thursday afternoon over what they told Israeli Prime Minister Benjamin Netanyahu during a call.
The bomb that killed Ismail Haniyeh, the top leader of Hamas, in Iran early Wednesday was planted several weeks ago, according to a new report.
This afternoon’s update included a reduced threat of storm surge for our area, and an increased concern for downriver flooding for areas along the lower Tar River early next week as a result of inland rainfall.

HbAD1

Kari Lake emerged victorious on Wednesday in her bid to become the GOP nominee in Arizona‘s 2024 U.S. Senate race.
The former lover and mentor of Kamala Harris, Willie Brown, who served as mayor of San Francisco, had an extra-marital affair with Harris, and appointed her to two positions when he was California’s Speaker of the Assembly, has advised her to keep her actual ideology fuzzy
The Kamala Harris campaign reportedly blocked reporters from speaking to voters at an event on Monday featuring Democratic governors Gretchen Whitmer of Michigan and Josh Shapiro of Pennsylvania.
North Carolina Democratic Gov. Roy Cooper, who was reportedly under consideration to run with Vice President Kamala Harris on the Democratic presidential ticket, said on Monday that it “wasn’t the right time” for him to “potentially” run for vice president.
Fox News contributor Guy Benson warned on Tuesday that legacy media was likely to aid the Kamala Harris campaign, turning the last 100 days before the 2024 presidential election into a “three-month honeymoon.”
The afternoon updates have included another increase in expected rainfall amounts, and provided us with additional details related to the timing of our forecasted impacts.
President Joe Biden called for term limits for Supreme Court justices on Monday after weeks of attacking previous court decisions on presidential immunity and abortion.
Former President Donald Trump said during an interview this week with Fox News host Laura Ingraham that he believes someone convinced Vice President Kamala Harris to get rid of her “crazy laugh” because of how it makes her look to voters.

HbAD2

 
Back to Top