Trump places regulation monitors in every federal agency

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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Trump signed an executive order on Friday to place ‘regulatory reform’ task forces and officers within federal agencies on Friday. Chief executives of major U.S. corporations – including Dow Chemical Co, Lockheed Martin and US Steel – are seen behind him

These teams will take aim at regulations deemed burdensome to the economy and will designate regulatory reform officers within 60 days. Trump claims the Obama administration cost the government billions due to regulatory orders

‘Excessive regulation is killing jobs, driving companies out of our country like never before,’ Trump said before signing the order. 

‘Every regulation should have to pass a simple test; does it make life…

Read the full article at foxnews.com…

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