Trump Signs Deregulation Order to ‘Unleash Prosperity’

President Donald Trump signed an executive order Jan. 31 directing agencies to limit the number of regulations they impose and eliminate 10 existing policies for every new rule enacted. “This practice is to ensure that the cost of planned regulations is responsibly managed and controlled through a rigorous regulatory budgeting process,” Trump wrote. Titled “Unleashing Prosperity Through Deregulation,” the order is intended to remove regulatory obstacles to growth. “The ever-expanding morass of complicated federal regulation imposes massive costs on the lives of millions of Americans, creates a substantial restraint on our economic growth and ability to build and innovate, and hampers our global competitiveness,” the order reads....