Trump Signs Executive Order to Cut Regulations to Boost Economy

Trump Signs Executive Order to Cut Regulations to Boost Economy

The president said his order would allow agencies to ‘remove burdens that destroy American jobs’ and help the economy recover from the coronavirus pandemic.

President Donald Trump on Tuesday signed an executive order to give federal agencies “tremendous power” to cut regulations that they deem as hampering an economic recovery.

“With millions of Americans forced out of work by the virus, it’s more important than ever to remove burdens that destroy American jobs,” Trump said during a cabinet meeting.The move is the latest of Trump’s efforts to kick-start the U.S. economy, which has suffered greatly during the coronavirus outbreak.The president indicated that he would like the cuts to be made permanent.

President Donald Trump

“I’m directing agencies to review the hundreds of regulations we’ve already suspended in response to the virus and make these suspensions permanent where possible,” Trump said. He pointed to the Environmental Protection Agency and the Department of Transportation – among others – as agencies that would benefit from the order.

“You have a right to do something that nobody would ever have thought you would have the right to do that,” Trump told leaders of the agencies. “I just want you to go to town and do it right, do it proper, make sure everything is safe, and make sure it’s environmentally good for those of you that are in that category, but it’s very important. “Trump said he is also instructing the agencies to “use the emergency authorities to speed up regulation cuts for new rules that will create jobs and prosperity and get rid of unnecessary rules and regulations.”

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