WASHINGTON, D.C. — Former President Donald J. Trump signed an executive order Wednesday mandating that federal agencies eliminate at least 10 existing regulations for each new rule they implement, aiming to curb what he called excessive government oversight.
The order directs agencies to identify outdated or burdensome regulations for repeal while ensuring that the total cost of new regulations remains significantly below zero for fiscal year 2025. The Office of Management and Budget will oversee the process to standardize cost assessments.
“The Biden Administration imposed a historic $1.7 trillion in costs on the American people,” the order states, blaming overregulation for stifling entrepreneurship, raising energy costs, and contributing to inflation.
The directive builds on Trump’s previous deregulation efforts, which required the elimination of two rules for every new one. His administration claimed to have exceeded that goal, cutting five and a half regulations per new rule issued.
Trump’s new executive order seeks to further limit federal rulemaking, reinforcing his commitment to reducing government intervention in business and daily life.
