• Overview
  • Services
  • Professionals

President Trump Signs Executive Order on Regulatory Reform
March 01, 2017

On February 24, 2017, President Trump issued another executive order designed to further his administration’s agenda to reduce regulations. Entitled “Enforcing the Regulatory Reform Agenda,” the executive order continues to make clear that “[i]t is the policy of the United States to alleviate unnecessary regulatory burdens placed on the American people.”

The order seeks to alleviate those burdens by charging each agency (unless it receives a waiver under the order’s provisions) to designate an agency official as its “Regulatory Reform Officer.” Each agency also is required to establish a “Regulatory Reform Task Force” comprised of the agency’s Regulatory Reform Officer and others. Each Task Force is then charged with studying its agency’s regulations and making recommendations for their repeal, replacement, or modification. The order directs each Task Force to focus on certain types of regulations, including those that eliminate jobs, inhibit job creation, are outdated, unnecessary, or ineffective, and those that impose costs that exceed their benefits. Each Task Force is directed to provide a status report to its agency head within 90 days.

You can find a copy of the executive order here.

If you have any questions, please contact us.

Consumer Finance Nicholas P. Mooney II