GOVERNMENT WIDE REGULATORY REFORM: Today, President Donald J. Trump signed an Executive Order requiring every agency to establish a Regulatory Reform Task Force to eliminate red tape.

Each Regulatory Reform Task Force will evaluate existing regulations and identify candidates for repeal or modification.

Each agency’s Task Force will focus on eliminating costly and unnecessary regulations.

To hold the Task Forces accountable, agencies will measure and report progress in achieving the President’s directives.

COSTLY REGULATIONS: Regulations have grown unchecked in past Administrations, imposing a steep cost on the American economy.

The regulations from the last Administration cost American taxpayers $873 billion in total.

The Obama Administration finalized more than 3,000 regulations.

BUILDING ON PRESIDENTIAL ACTION: President Trump has been steadfast in his commitment to reducing the regulatory burden on everyday Americans, their pocketbooks, and their businesses.