The Trump administration is following through on its vow to roll back the federal government’s regulatory footprint, announcing Thursday that it had stopped more than 800 regulations proposed under the Obama administration.
In a report, the Trump administration said it had withdrawn 469 planned regulatory actions that had been part of the Obama administration's regulatory agenda published last fall. Officials also reconsidered 391 active regulatory proceedings actions by reclassifying them as long-term or inactive "allowing for further careful review," the White House said. […]
The Trump administration has identified nearly 300 regulations related to energy production and environmental protection it plans to rescind, review or delay across three agencies – the Environmental Protection Agency and the Interior and Energy Departments. (Reuters)
Slashing red tape at historic levels has been a priority for President Trump, who’s signed several executive orders relating to regulations, including one shortly after being sworn in that requires agencies to identify two federal rules to eliminate for every new regulation proposed.
But during the administration’s first six months, it did far better than the “one in, two out” order’s goal, eliminating 16 old rules for every new one introduced, White House officials said.
"It's really the beginning of a kind of fundamental regulatory reform and a reorientation of where we're going with regulation," said Neomi Rao, administrator of the Office of Information and Regulatory Affairs in the Office of Management and Budget.
The administration’s efforts have already saved billions in regulatory costs.