Trump signs order directing agencies to cut federal regulations
U.S. President Donald Trump speaks about the nation?s food supply chain during a coronavirus disease (COVID-19) pandemic response event in the Roosevelt Room at the White House in Washington, U.S., May 19, 2020. REUTERS/Leah Millis
WASHINGTON (Reuters) - U.S. President Donald Trump signed an executive order on Tuesday directing federal agencies to cut regulations, a move he said would help the economy recover from the impact of the coronavirus outbreak.
Trump, who signed the order at a Cabinet meeting, said it instructed agencies to eliminate "unnecessary regulations that impede economic recovery."
"I'm directing agencies to review the hundreds of regulations we've already suspended in response to the virus and make these suspensions permanent where possible," he said.
(Reporting by Steve Holland; Writing by Eric Beech; Editing by Chris Reese and Jonathan Oatis)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump announces nine more pharma firms in drug pricing deals
- Nvidia and MediaTek expand partnership, Nvidia invests $3.5b
- When will Meta overtake Google search in digital ads? Bernstein weighs in
Create E-mail Alert Related Categories
General News, Politics, ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share