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Fact Sheet: President Donald J. Trump Launches Massive 10-to-1 Deregulation Initiative

Excerpt:  “Today, President Donald J. Trump signed an Executive Order to unleash prosperity through deregulation.

  • The Order requires that whenever an agency promulgates a new rule, regulation, or guidance, it must identify at least 10 existing rules, regulations, or guidance documents to be repealed.
  • The Director of the Office of Management and Budget will ensure standardized measurement and estimation of regulatory costs.
  • It requires that for fiscal year 2025, the total incremental cost of all new regulations, including repealed regulations, be significantly less than zero.”