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In another sense of removing the barriers of big government, and red-tape regulations that have for decades prevented private companies from excelling in America, the Trump Administration is pushing towards ending the longtime government policy of hassling any commercial efforts to promote space travel and commercial space ventures.

One of the top priorities of the Trump Administration's tenure has been to promote the investment of the private sector by removing regulations that hold back American entrepreneurs and industry, and the easing of launch rules which will be unveiled tomorrow by Vice President Mike Pence will encourage anyone with an interest in commercial investment to participate.

Part of the broad plan is alleged to include putting the Commerce Department as an overseer of the deregulation efforts, which is intended to spur growth in the sectors of satellite launches, space tourism, mining of asteroids, as well as advanced communications technologies.

There are several industries in space just waiting to begin a profitable investment, and the announcement of the proposals to make this easier will be announced at the White House Space Council at Florida's Kennedy Space Center hopes to initiate an immediate response from would-be space entrepreneurs.

Currently, lunar exploration initiatives from the federal government have been almost nonexistent due to rising costs and overwhelming budget cuts, but the Trump Administration understands that both research and development, as well as successful ventures, begin in the private sector.

The Vice President has repeatedly stressed the need for America to begin "laying the foundation for America to maintain a constant commercial human presence in low-Earth orbit."

White House Space Council staffer Scott Pace told a government-industry conference crowd in early February that it will be the goal of Wednesday's meeting in Florida "to try to make measurable progress on the regulatory environment."

Secretary of State Rex Tillerson, Commerce Secretary Wilbur Ross, Transportation Secretary Elaine Chao, Office of Management and Budget director Mike Mulvaney, National Security Adviser H.R. McMaster, and Vice President Mike Pence will all be in attendance for the Wednesday event, which is expected to have high profile investors and innovators alike present to share ideas.

Since 2009, more than 300 American-based space startup companies have received nearly $3.8 billion in investment and funding opportunities, with Elon Musk's Space Exploration Technologies Corp. leading the pack.

Elon Musk's SpaceX has successfully launched the world's largest rocket and continues to lay the groundwork for an entire industry of space exploration to follow behind him.

Senator Marco Rubio (R-CA), who's long since been considered the "establishment," or "swamp" in Washington, DC, is also expected to drop his opposition towards President Trump's choice for NASA administrator, Senator James Bridenstine (R-OK), at tomorrow's event.

The Federal Aviation Administration is also set to receive major cuts to its funding under the Trump Administration, which want to remove the role of the FAA to clear orbital space debris and instead offer to bid to private companies who can cut costs and also innovate in the process.

The Trump Administration has major goals when it comes to space exploration and space industries alike, which is a reversal of previous Administrations that allowed American space leadership to crumble.

Source:

https://www.wsj.com/articles/trump-administration-seeks-to-stimulate-private-space-projects-1519145536

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