Saturday, January 21, 2017

President Trump halts new federal regulations

Via Billy

Talladega College Band from Talladega, Ala., march during the 58th Presidential Inauguration parade for President Donald Trump in Washington. Friday, Jan. 20, 2017. (AP Photo/Pablo Martinez Monsivais)

President Trump put a hold on all new and pending federal regulation on his first day in office Friday, with a White House memorandum ordering federal agencies to subject the regulations to review by incoming secretaries.

Rolling back federal regulation was a top campaign pledged from Mr. Trump, who promised to impose a rule that two existing regulation had to be eliminated for each new regulation created.

He has said the regulations had a stranglehold on businesses and slowed job creation and economic expansion.

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