President Trump Signs Executive Order To Slash Regulations In Order To Promote Economic Relief

0Shares

President Trump signed the “Executive Order on Regulatory Relief to Support Economic Recovery” on 19 May.

The Executive Order (E.O.) states that his administration has taken “sweeping action to control the spread of the virus in the United States.” The E.O. notes that executive departments and agencies have helped the American people by taking “hundreds of administrative actions since March” 2020 which provided flexibility regarding “burdensome requirements that stood in the way of implementing the most effective strategies to stop the virus’s spread.”

The E.O. notes that the administration has worked with Congress to provide economic relief and that “success will require the efforts not only of the Federal Government, but also of every State, tribe, territory, and locality; of businesses, non-profits, and houses of worship; and of the American people.

 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.

https://www.whitehouse.gov/presidential-actions/executive-order-regulatory-relief-support-economic-recovery/

Agencies should address this economic emergency by rescinding, modifying, waiving, or providing exemptions from regulations and other requirements that may inhibit economic recovery… [agencies should provide] all businesses, the confidence they need to re-open by providing guidance on what the law requires; by recognizing the efforts of businesses to comply with often-complex regulations in complicated and swiftly changing circumstances; and by committing to fairness in administrative enforcement and adjudication.

The E.O. directs the heads of agencies to utilize “any emergency authorities that have previously been invoked in response to the COVID-19 outbreak” to support the economic recovery to the outbreak.

https://www.whitehouse.gov/presidential-actions/executive-order-regulatory-relief-support-economic-recovery/

0Shares