Trump will announce new steps to cut red tape in Monday speech
President Trump will kick off the new fiscal year Monday by redoubling his administration’s efforts to cut red tape, a move he views as a key driver of economic resurgence.
In a speech in the East Room of the White House, Mr. Trump will call attention to “the benefit that reform can have for ordinary Americans,” said Neomi Rao, administrator of the White House Office of Information and Regulatory Affairs.
The president has made regulatory reform a priority in his first eight months, issuing an executive order that requires two regulations be eliminated for every new one implemented. So far, Ms. Rao said, the administration has imposed four new rules and eliminated 10.
In a speech to manufacturers on Friday, the president called his administration’s effort “a groundbreaking campaign.”
“We have taken unprecedented steps to remove job-killing regulations that sap the energy, creativity and dynamism from our country,” he said. “We are cutting regulations at a pace that has never even been thought of before.”
