(Reuters) U.S. Republican presidential nominee Donald Trump said as many as 70 percent of federal agency regulations could be eliminated if he is elected in November, just hours after an adviser said the candidate would seek to cut 10 percent.

Trump, who blamed regulations for stifling business, told a crowd at a town hall event in New Hampshire on Thursday night that regulations for the environment and safety would remain.

"We are cutting the regulation at a tremendous clip. I would say 70 percent of regulations can go," Trump said. "It’s just stopping businesses from growing."

Read the full story ›