Trump signs Executive Order to reduce regulations
Washington – President Donald Trump has signed an Executive Order requiring federal agencies to eliminate two regulations for each new one introduced.
Trump, who signed the order on Jan. 30, campaigned on promises to cut federal regulation in the interest of American business.
“This will be the biggest such act that our country has ever seen,” Trump said, according to various news reports. “There will be regulation, there will be control, but it will be a normalized control where you can open your business and expand your business very easily. And that’s what our country has been all about.”
Nine small business owners stood behind Trump as he signed the Executive Order, according to a report.
Trump said the order is geared toward “cutting regulations massively for small businesses,” the reports state.