Federal Agencies Made Historic Reduction in Red Tape, White House Says

WASHINGTON—The White House Office of Management and Budget (OMB) announced on Friday that federal agencies cut 646 regulations while introducing only five new ones in 2025, surpassing the target set by President Donald Trump. In total, cutting red tape has saved $211.8 billion, which is more than $600 for every American, according to the OMB. Agencies reduced 129 regulations for every regulation issued, thereby exceeding the president’s 10-to-1 target. “The Trump Administration’s deregulatory agenda is the most ambitious in American history,” White House OMB Director Russ Vought said in a statement. “We have blown far past the target 10-to-1 deregulatory ratio in President Trump’s Executive Order, saving hundreds of billions for the American people. In less than one year we have already achieved more savings than in all four years of the prior Trump Administration, and we’re just getting started.”...