Trump to pivot to deregulation
Christina Wilkie at CNBC
https://www.cnbc.com/2017/09/29/trump-to-pivot-to-deregulation.html
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President Donald Trump will hold a "cut the red tape" event at the White House on Monday, highlighting the administration's efforts to eliminate what Trump sees as burdensome government regulation of private businesses.
The event will "highlight the president's broader initiatives on regulatory reform," a senior administration official told reporters on Friday, and show that "the regulatory burden is being lifted, that agencies are working hard at accomplishing the president's directives, and that this is making a difference both to the economy and to job creation."
Trump will not announce any new initiatives, merely emphasize what's already being done. Later in the day, 10 federal agencies will hold breakout sessions to discuss specific actions they're taking to roll back regulations.
Trump, like scores of Republicans before him, campaigned for president on a promise to reduce government regulation on businesses. Since taking office, Trump has largely followed through, either withdrawing or delaying more than 800 proposed regulations in just his first five months, according to the Associated Press.
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The rich ceos always said that regulation costs always just get passed onto the consumer. I assume all the cost reductions of these deregulations will get passed onto the consumers too.
