Trump issues executive order to cut regulations that 'inhibit economic recovery'


An executive order signed by President Trump Tuesday directs agencies to consider what sort of deregulatory action they might take that could spur economic growth.

The order directs agency heads to “identify regulatory standards that may inhibit economic recovery,” highlighting that regulations could be permanently or temporarily lifted. 

“Just as we continue to battle COVID-19 itself, so too must we now join together to overcome the effects the virus has had on our economy,” the order states.

“To aid those efforts, agencies must continue to remove barriers to the greatest engine of economic prosperity the world has ever known: the innovation, initiative, and drive of the American people," it continues.

Trump announced the executive order at a cabinet meeting at the White House, telling Transportation Secretary Elaine Chao the order “gives you tremendous power to cut regulation.”

The executive order is the latest deregulatory effort from an administration that in its easiest days required agencies to revoke two regulations for every new rule they want to issue.

Some agencies have already loosened requirements amid the pandemic.

A March memo from the Environmental Protection Agency (EPA) alerted industry it would suspend enforcement of environmental laws that require companies to monitor their pollution.

EPA Administrator Andrew Wheeler said the agency issued the policy as “COVID-19 may directly impact the ability of regulated facilities to meet all federal regulatory requirements.”

The agency is now facing lawsuits from both states and environmental groups over the change.

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