Trump orders new ‘task force’ effort to eliminate red tape as he places regulation monitors in every federal agency
Trump signed executive order to place regulatory reform task forces in agencies
Federal agencies are to designate reform officers within 60 days and report progress within 90 days
Signed order with chief executives of Lockheed Martin and US Steel present
Trump claims Obama regulations cost government billions of dollars
Obama administration said benefits of its regulations to public outweighed costs
DAILYMAIL.COM
25 February 2017
President Donald Trump signed an executive order on Friday to place ‘regulatory reform’ task forces and officers within federal agencies in what may be the most far reaching effort to pare back U.S. red tape in recent decades.
Trump signed the directive in the Oval Office with chief executives of major U.S. corporations standing behind him including Dow Chemical Co, Lockheed Martin Corp and U.S. Steel Corp.
The sweeping order directs every federal agency to establish a task force to ensure each has a team to research all regulations.
These teams are to take aim at regulations deemed burdensome to the U.S. economy and to designate regulatory reform officers within 60 days, and they must report on the progress within 90 days.
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