Continuing his crackdown on regulations, President Donald Trump issued an executive order on Friday requiring all federal agencies to appoint a regulatory reform officer to chair a regulatory reform task force in order to "alleviate unnecessary regulatory burdens."
Friday's order comes just weeks after Trump issued an order to require federal agencies to propose deleting two regulations for each new one they issue.
"We have to knock out two regulations for every new regulation," Trump said in issuing the order, Reducing Regulation and Controlling Regulatory Costs.
Trump told business leaders on Jan. 23 that his administration was committed to rolling back regulations by 75%, "maybe more," as well as cutting taxes for the middle class and for businesses — to a 15% to 20% business tax rate from 35%.