President Trump is laying the ground work to repair the American economy post COVID-19. To the dismay of the Democrats, of course. Expect a huge level of pro-America policies to be implemented in his second term, which will include bringing the supply chain back to America. However, all of this goes out the window if Joe Biden is elected POTUS in November.
Trump announces executive order aiming to make hundreds of deregulations amid coronavirus permanent
By Fox News, May 19, 2020
President Trump announced an executive order Tuesday that aims to make hundreds of deregulations in the age of coronavirus permanent, something that would amount to a massive overhaul of regulatory policy.
“We’ve done far more regulation cutting than any president in history,” Trump said at a Cabinet meeting ahead of signing the order.
Fox News is told the executive order tells regulatory agencies to look at more than 600 regulatory actions — mostly deregulations, but also regulations and guidance — taken during the coronavirus pandemic and tell the White House which ones should be made permanent.
“We had cases where it would take 20 years to build a highway, you had to go through various agencies to get the same permit,” the president said.
“If a bureaucratic rule needs to be suspended during a time of crisis to help the American people, we should ask ourselves if it makes sense to keep at all,” Acting Office of Management and Budget (OMB) Director Russ Vought told Fox Business.
The order will use emergency authority to figure out the best way to identify which other regulations still in place can be suspended to help jumpstart the economy. It will ask agencies which authorities they have to take action that would lead to putting people back to work, and that list should be sent to the OMB.
“Typically when our country has faced a crisis, Washington responds by grabbing more power. President Trump understands that to get the economy moving, the power needs to be given back to the people and entrepreneur,” Vought said.
The order also relaxes compliance measures overall. Agencies will be told not to over-enforce regulations on small businesses and nonprofits that are doing the best they can.
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