President Donald Trump planned to sign an executive order on Friday that would establish regulatory reform officers and task forces within federal agencies as part of his push to slash federal government regulations, a White House official said.

Trump has vowed a sweeping cut in U.S. regulations and previously ordered agencies to repeal two regulations for every new regulation adopted. On Thursday, he met with chief executives of two dozen major U.S. companies and talked about the need for reducing regulations to boost job creation.

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(Reporting by David Shephardson; Editing by Franklin Paul)