President Trump on Friday signed another executive order aimed at reducing federal regulations, this time directing all government agencies to form a “regulatory reform task force” that will identify unneeded red tape and remove it.

In brief comments in the Oval Office, the president said each task force will report back to the White House “every once in a while” with their findings.

“Each task force will make recommendations to repeal or simplify existing regulations,” Mr. Trump said while surrounded by top U.S. business leaders. “The regulatory burden is, for the people behind me and for the great companies of this country, and for the small companies, an impossible situation. We’re going to solve it very quickly.”

Friday’s order is the latest in the administration’s ongoing effort to lessen federal regulations. Mr. Trump already signed an order requiring that for every new regulation an agency puts in place two existing rules must be scrapped. Friday’s move, the president said, will provide a shot in the arm for the economy.

“This executive order is one of many ways we’re going to get real results when it comes to job-killing regulations and unleashing economic opportunity,” he said. “We’re going to bring back jobs and create more opportunities to prosper, maybe more than ever before in our country.”

The executive order, Mr. Trump continued, will ensure that each agency across government has a “real team of dedicated people” that will consistently review regulations inside their respective department.

Sign up for Daily Newsletters Manage Newsletters

Copyright © 2020 The Washington Times, LLC. Click here for reprint permission.